America’s politics and system of governance are in crisis. This was made clear last week, before and during the US Senate Judiciary Committee’s hearing on hate crimes in the country.
The hearing – which was titled, “A threat to justice everywhere: stemming the tide of hate crimes in America” – was designed to examine the dramatic increase in hate crimes. The purpose was also to suggest a whole-of-government approach to deal with this problem.
The expert witnesses invited to present testimony were Kenneth Stern, director of the Bard Centre for the Study of Hate; Maya Berry, co-chair of the Hate Crimes Task Force at the Leadership Conference on Civil and Human Rights (LCCHR) and executive director of the Arab American Institute; and Rabbi Mark Goldfeder, director of the National Jewish Advocacy Centre. Mr Stern and Ms Berry were invited by Democrats, while Mr Goldfeder was the pick of the Republican side.
Even before the day of the hearing, the depth of the divisions plaguing American society were evident.
Republicans objected that the hearings were designed to focus on hate crimes affecting all vulnerable communities in the US. What they wanted, instead, was a replication of the hearings that the GOP-led House had convened, ostensibly focused on anti-Semitism, but which strayed far afield. A few conservative American Jewish organisations were also troubled by this broader approach.
Republicans criticised Mr Stern, who – despite having been an official at the American Jewish Committee and the lead author of the International Holocaust Remembrance Alliance’s controversial definition of anti-Semitism – has since become a critic of the way this IHRA definition has been used to restrict free speech and its conflation of some legitimate criticism of Israel with anti-Semitism.
One side wanted to understand the problem of hate, while the other side seemed more intent on pouring petrol on the fire
Ms Berry is one of the leading researchers on hate crime data on the federal and state levels and the problems encountered in hate crime reporting. She was also the force behind the “Jabara-Heyer No Hate Act” designed to improve federal hate crime reporting. Though highly regarded for her advocacy for all affected communities through her work with LCCHR, she was seemingly targeted by Republicans for one simple reason: she is an Arab American who has been critical of Israeli policies and of efforts, domestically, to punish critics of those policies.
It was clear from the outset that all would not go well. Democrats made the case that their concern was the overall rise in hate crimes affecting multiple groups, while Republicans derided the entire effort as deliberately sidestepping the “real problem” – anti-Semitism.
For her part, Ms Berry meticulously detailed the statistics of the dramatic rise in recent years in hate crimes against each group: blacks, Latinos, Asians, Arabs, Jews, Muslims, LGBTQ and those with disabilities. She then outlined problems with underreporting, the difficulty in reconciling state and federal data, and made specific recommendations for improving reporting and enforcement of existing hate crime legislation.
Mr Stern insisted that universities have an obligation to protect all students and faculty against being “bullied, harassed, intimidated, threatened, or discriminated against”. He also cautioned Congress against codifying a broad definition of anti-Semitism.
He argued that instead of policing speech – prioritising one view over another, resulting in an “us versus them” polarisation – universities had the responsibility to protect speech and promote civil discourse by challenging students to understand diverse points of view and the people who hold these views. It is the more difficult path to pursue, but, in the end, it is the role of the university to educate not police or punish.
On the other hand, Mr Goldfeder agreed with Republicans that the hearing should have only focused on anti-Semitism, arguing that it is not only the most important challenge facing America today, but also that all other forms of hate emanate from it.
True to form, the Republicans who asked questions rejected the broad focus of the hearing. They delivered inflammatory remarks against students protesting the war in Gaza, charging that they were being funded or encouraged by Hamas, Hezbollah and Iran. Mr Goldfeder agreed saying that the students were either directly serving these entities or were their “useful idiots”.
Others harassed Ms Berry, demanding that she denounce Hamas and agree that statements like “intifada” or “from the river to the sea … ” were calls for genocide against Jews. Ms Berry calmly rejected this baiting, saying that she of course didn’t support Hamas as it is a “foreign terrorist organisation” and that she rejected all forms of violence. This, however, wasn’t enough for one senator, who continued to badger her, causing her to respond that she was only being asked these questions because she is an Arab-American woman.
She went on: “It’s regrettable that as I sit here today, I have experienced the very issue that we’re attempting to deal with today. This has been regrettably a real disappointment, but very much an indication of the danger to our democratic institutions that we’re in today.”
The audience of largely Arab and Jewish Americans, who had gathered to witness the hearing, instead of learning about the rise of hate and the crimes that might result from it, left with heightened passions. It was, as Ms Berry noted, disappointing and an indication of how broken America has become.
One side wanted to understand the problem of hate and what can be done to understand and arrest its growth, while the other side seemed more intent on pouring petrol on the fire and watching it burn – all for political gain.
The specs
Engine: 0.8-litre four cylinder
Power: 70bhp
Torque: 66Nm
Transmission: four-speed manual
Price: $1,075 new in 1967, now valued at $40,000
On sale: Models from 1966 to 1970
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UAE currency: the story behind the money in your pockets
Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%3A%3C%2Fstrong%3E%20Astra%20Tech%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3EMarch%202022%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDubai%3Cbr%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdallah%20Abu%20Sheikh%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20technology%20investment%20and%20development%3Cbr%3E%3Cstrong%3EFunding%20size%3A%3C%2Fstrong%3E%20%24500m%3C%2Fp%3E%0A
The specs: 2019 Mercedes-Benz C200 Coupe
Price, base: Dh201,153
Engine: 2.0-litre turbocharged four-cylinder
Transmission: Nine-speed automatic
Power: 204hp @ 5,800rpm
Torque: 300Nm @ 1,600rpm
Fuel economy, combined: 6.7L / 100km
UAE currency: the story behind the money in your pockets
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
The specs
Engine: 3.9-litre twin-turbo V8
Transmission: seven-speed
Power: 720hp
Torque: 770Nm
Price: Dh1,100,000
On sale: now
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%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%204cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E261hp%20at%205%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E400Nm%20at%201%2C750-4%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E7-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E10.5L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh129%2C999%20(VX%20Luxury)%3B%20from%20Dh149%2C999%20(VX%20Black%20Gold)%3C%2Fp%3E%0A
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The specs
Engine: 4.0-litre V8 twin-turbocharged and three electric motors
Power: Combined output 920hp
Torque: 730Nm at 4,000-7,000rpm
Transmission: 8-speed dual-clutch automatic
Fuel consumption: 11.2L/100km
On sale: Now, deliveries expected later in 2025
Price: expected to start at Dh1,432,000
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
2020 Oscars winners: in numbers
- Parasite – 4
- 1917– 3
- Ford v Ferrari – 2
- Joker – 2
- Once Upon a Time ... in Hollywood – 2
- American Factory – 1
- Bombshell – 1
- Hair Love – 1
- Jojo Rabbit – 1
- Judy – 1
- Little Women – 1
- Learning to Skateboard in a Warzone (If You're a Girl) – 1
- Marriage Story – 1
- Rocketman – 1
- The Neighbors' Window – 1
- Toy Story 4 – 1
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