The world needs to change paths to avoid a future filled with disinformation, among other issues, a session at the Human Rights council in Geneva heard this month. AFP
The world needs to change paths to avoid a future filled with disinformation, among other issues, a session at the Human Rights council in Geneva heard this month. AFP
The world needs to change paths to avoid a future filled with disinformation, among other issues, a session at the Human Rights council in Geneva heard this month. AFP
The world needs to change paths to avoid a future filled with disinformation, among other issues, a session at the Human Rights council in Geneva heard this month. AFP


Facts, credibility and the value of shared truth


Branko Brkic
Maria Ressa
  • English
  • Arabic

September 24, 2024

Dear reader, citizen, fellow human,

2024 AD is testing our modern societies in ways we once hoped would never be repeated.

Autocratic regimes and aspiring dictators around the world have thrown down a gauntlet to freedoms across borders, races and religions. Modern conflicts span the entire globe and are fought in an information expanse that is overwhelming in its reach and power. New technologies, and the platforms they enable, are battlefields on which our future is being decided – often without our permission and against our will.

In this maelstrom, it is journalism – fact-based, evidence-based credible news media – that has a lifelong duty to defend the self-evident values our civilisation was built on. Worldwide, it is the journalists who live their responsibility to honour this sacred bond with our audiences and our communities.

A talk against election disinformation, in Phoenix, Arizona on June 3. AFP
A talk against election disinformation, in Phoenix, Arizona on June 3. AFP

In return, we feel the joy of shared truth – with You.

These special moments – when news stories save lives, improve understanding among people and guide us through rough times – are often lost in the avalanche of disinformation; destroying trust, the bedrock of our ability to live together.

Even the very meaning of truth is under assault.

Journalism everywhere is struggling to maintain its standing and relevance to our own communities, and for an alarming number of our news organisations, daily existence equals a struggle for bare survival.

These are indeed extraordinary times – worrying to the core to every soul that cares about people, civilisation and democracy that made it all possible.

And yet, these troubled days are also exciting and scintillating at the same time.

In moments when systems are crumbling and foundational truths are under pressure we, the news media of the world, must show that we’re made of sterner stuff; the stuff that can withstand disinformation campaigns, sustained attacks, and a flood of falsehoods.

Our business models have crumbled under the pressure of Big Tech. Truth itself is being relativised daily; what once was a common understanding of material reality is today, often supplanted by fact-free interpretation.

In many instances, the very form of the word truth carries the meaning of Lie.

These are not random, accidental attacks. These are all part of the crusade against our system of values, our basic understanding of what is good and bad. Without our system of values, if we can’t distinguish right from wrong, we have no civilisation either.

Come September 28 – every World News Day – we, news media organisations from around the world, join hands to reassure you of our undying commitment to news, facts, accountability, public service, humanity, scrutiny, independence, ethics and community.

These words have deep meaning.

They matter to us.

There’s only one choice ahead of us: We, the news media, will continue to fulfil our sacred duty. The news we report will remain based in fact. We will defend truth.

And we want to further assure you, dear reader, that it is our every intention to keep it that way. We will not tire, and we will not give up. The battle for truth is the battle for our common future.

And to our colleagues everywhere in this troubled stretch of history: do not despair. You are not alone. Our mission ties us all together.

The noise and violence will eventually subside, and the discourse based on truth and decency will return. It may not happen soon, but it will happen eventually.

For now, we fight. Every moment of every hour of every day.

This 2024 World News Day, let us ensure we never forget why we’re here in the first place – and help to keep the joy of shared truth with our readers, our true North.

Branko Brkic is editor-in-chief, Daily Maverick and creator of Choose Truth Campaign, South Africa

Maria Ressa is a Nobel Peace Prize Laureate and chief executive of Rappler.com, The Philippines

Abu Dhabi GP schedule

Friday: First practice - 1pm; Second practice - 5pm

Saturday: Final practice - 2pm; Qualifying - 5pm

Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm

The%20new%20Turing%20Test
%3Cp%3EThe%20Coffee%20Test%3C%2Fp%3E%0A%3Cp%3E%3Cem%3EA%20machine%20is%20required%20to%20enter%20an%20average%20American%20home%20and%20figure%20out%20how%20to%20make%20coffee%3A%20find%20the%20coffee%20machine%2C%20find%20the%20coffee%2C%20add%20water%2C%20find%20a%20mug%20and%20brew%20the%20coffee%20by%20pushing%20the%20proper%20buttons.%3C%2Fem%3E%3C%2Fp%3E%0A%3Cp%3EProposed%20by%20Steve%20Wozniak%2C%20Apple%20co-founder%3C%2Fp%3E%0A
What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

The biog

Full name: Aisha Abdulqader Saeed

Age: 34

Emirate: Dubai

Favourite quote: "No one has ever become poor by giving"

Match info

Uefa Champions League Group B

Tottenham Hotspur 1 (Eriksen 80')
Inter Milan 0

Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

Terminal High Altitude Area Defense (THAAD)

What is THAAD?

It is considered to be the US' most superior missile defence system.

Production:

It was first created in 2008.

Speed:

THAAD missiles can travel at over Mach 8, so fast that it is hypersonic.

Abilities:

THAAD is designed to take out projectiles, namely ballistic missiles, as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".

Purpose:

To protect high-value strategic sites, such as airfields or population centres.

Range:

THAAD can target projectiles both inside and outside of the Earth's atmosphere, at an altitude of 93 miles above the Earth's surface.

Creators:

Lockheed Martin was originally granted the contract to develop the system in 1992. Defence company Raytheon sub-contracts to develop other major parts of the system, such as ground-based radar.

UAE and THAAD:

In 2011, the UAE became the first country outside of the US to buy two THAAD missile defence systems. It then deployed them in 2016, becoming the first Gulf country to do so.

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.”

COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
Match info

What: Fifa Club World Cup play-off
Who: Al Ain v Team Wellington
Where: Hazza bin Zayed Stadium, Al Ain
When: Wednesday, kick off 7.30pm

The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

Poacher
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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The%20specs
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Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Updated: September 24, 2024, 7:00 AM