Late last month, ballistic missiles from Russia along with a hail of drones attacked Ukraine’s capital, Kyiv. It was a heavy night; the sky lighting with dramatic shadows of Ukrainian anti-aircraft weapons doing their best to intercept Russia’s weapons. It was the first night in a few years that I went down to the bomb shelter to sleep.
At about 3am, the noise was too close to where I am staying, so I descended the stairs to the underworld. It’s a place most Ukrainians have learnt to live with for the past three years. The terrible irony is that the attack on the capital happened hours after the largest prisoner exchange between Russia and Ukraine. Nearly 1,000 prisoners of war were released from captivity and came home, reunited with family.
For a brief moment, there was hope.
In Kyiv, once people came out of the shelters (and many – so used to attacks – stay in bed, hoping for the best), there was much talk of an upscale to the war, with Moscow putting maximum pressure ahead of the ongoing negotiations. There were projections of heavy bombing to come in Kyiv, Kharkiv, Kherson and other parts of Ukraine. Indeed, Russia launched one of its largest air attacks on the country about a week ago.
Following the initial round of failed peace talks in Istanbul, the Russian leadership wanted to send a strong message before the current round of negotiations. The Kremlin also sought to demonstrate its drone capacity – fibre optic drones that are even deadlier than the earlier generation, which could creepily chase soldiers in their cars and through doors.
This week, however, Kyiv launched a surprise drone attack on several Russian air bases hosting nuclear-capable strategic bombers. Several experts say that Ukraine has delivered a heavy blow to the Russian military. This dangerous escalation to the war has made serious negotiations even more urgent. While the two sides did meet in Istanbul this week, there was sadly no breakthrough other than a deal to swap more prisoners.
The war has cost so many lives. According to the Kyiv Independent, it is now estimated that Russia has lost more than 900,000 troops. According to the report, it has also lost 10,852 tanks, 22,622 armoured fighting vehicles, 49,639 vehicles and fuel tanks, 28,201 artillery systems, 1,395 multiple launch rocket systems, 1,169 air defence systems, 372 air planes, 336 helicopters, 37,177 drones, 28 ships and boats, and one submarine. This is not including the losses following Ukraine’s recent drone strikes.
Meanwhile, the Russian economy is in tatters.
There is no doubt Ukraine has made enormous sacrifices for the western world – with loss of life and territory, as well as economic and humanitarian hardship. But all wars must end justly; and negotiations must be fair.
What Moscow has so far proposed will never be accepted by Ukraine’s embattled leadership – or its people. Russia’s requests have not changed from the start of the war: no Nato membership for Ukraine; a “Kremlin-friendly” government in Kyiv; complete ownership of Crimea; and control of the four provinces presently under its occupation.
Ukraine, having lost an estimated 300,000 people fighting against all of the above, will never give in to those demands. “Too much has been lost to even consider giving up the [Temporarily Occupied Territories of Donbas],” one Ukrainian friend told me last week. “Even suggesting it means you are something like a traitor.” “Too many young men and women have died to accept negotiations that only fuel Moscow’s colonialism,” said another.
A walk through Maidan Square, the site of the 2014 Revolution for Dignity in Kyiv, shows exactly how painful Ukraine’s sacrifice has been. Hundreds of blue and yellow flags sit next to photos of some of the fallen – men, women, most very young. There are sections for foreign fighters – French, American British and others – and families wander, placing flowers near the flags. It’s a sombre place and a reminder of what Ukraine has at stake.
Ukrainians are weary. They see negotiations largely as a joke – a chance for US President Donald Trump to exercise his “art of the deal” – in this case, getting enormous financial payback in Russia. He posted on Truth Social after speaking with Russian President Vladimir Putin last month, saying: “Russia wants to do largescale [sic] TRADE with the United States when this catastrophic ‘bloodbath’ is over, and I agree. There is a tremendous opportunity for Russia to create massive amounts of jobs and wealth. Its potential is UNLIMITED.”
Meanwhile, key European powers – who are terrified of what they see as Russia’s expansion goals – are looking at fresh sanctions on Moscow. Suggestions that negotiations be held in the Vatican and mediated by Pope Leo XIV have been called “a bit vulgar” by Russian Foreign Minister Sergey Lavrov. Mr Lavrov apparently is more focused on continuing “technical” talks in Istanbul this week.
I would like to say there is hope that the war will end soon, but everything I see from the ground tells me that is not going to happen.
In Kharkiv last week, I spent time with the police who in addition to their normal duties, are now tasked with investigating war crimes – nearly 183,000 incidents in Ukraine, according to the Office of the Prosecutor General. Kharkiv is only 40 kilometres from the Russian border, and it has been hit badly. Half of the pre-war population of 2 million people have fled; and Moscow is said to want to take both Kharkiv and Sumy regions quickly.
Seeing the police work in their basement bomb shelters, identifying victims in mass graves using mobile DNA units, made me see the tenacity and the courage of the Ukrainian people.
Every day at 9am, in the western city of Lviv, people stop in their tracks to pause in remembrance of those who have fallen in this war. Cars halt; even on the trains, people pause and rise, silent for one minute. It’s a moving moment and a reminder of how war destroys society at every level; how decent diplomacy must prevail to sit and negotiate how they will end.
Even if the Trump administration is losing patience with the war, and is now focused on the Middle East, the rest of the world should not. Ukraine deserves all the help it can get to bring this terrible war to an end.
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
FIXTURES
December 28
Stan Wawrinka v Pablo Carreno Busta, 5pm
Milos Raonic v Dominic Thiem, no earlier then 7pm
December 29 - semi-finals
Rafael Nadal v Stan Wawrinka / Pablo Carreno Busta, 5pm
Novak Djokovic v Milos Raonic / Dominic Thiem, no earlier then 7pm
December 30
3rd/4th place play-off, 5pm
Final, 7pm
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: 3.5-litre V6
Power: 272hp at 6,400rpm
Torque: 331Nm from 5,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.7L/100km
On sale: now
Price: Dh149,000
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Rohit Sharma (captain), Shikhar Dhawan (vice-captain), KL Rahul, Suresh Raina, Manish Pandey, Dinesh Karthik (wicketkeeper), Deepak Hooda, Washington Sundar, Yuzvendra Chahal, Axar Patel, Vijay Shankar, Shardul Thakur, Jaydev Unadkat, Mohammad Siraj and Rishabh Pant (wicketkeeper)
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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.”
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Three ways to boost your credit score
Marwan Lutfi says the core fundamentals that drive better payment behaviour and can improve your credit score are:
1. Make sure you make your payments on time;
2. Limit the number of products you borrow on: the more loans and credit cards you have, the more it will affect your credit score;
3. Don't max out all your debts: how much you maximise those credit facilities will have an impact. If you have five credit cards and utilise 90 per cent of that credit, it will negatively affect your score.
Ads on social media can 'normalise' drugs
A UK report on youth social media habits commissioned by advocacy group Volteface found a quarter of young people were exposed to illegal drug dealers on social media.
The poll of 2,006 people aged 16-24 assessed their exposure to drug dealers online in a nationally representative survey.
Of those admitting to seeing drugs for sale online, 56 per cent saw them advertised on Snapchat, 55 per cent on Instagram and 47 per cent on Facebook.
Cannabis was the drug most pushed by online dealers, with 63 per cent of survey respondents claiming to have seen adverts on social media for the drug, followed by cocaine (26 per cent) and MDMA/ecstasy, with 24 per cent of people.
Sustainable Development Goals
1. End poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture
3. Ensure healthy lives and promote well-being for all at all ages
4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
5. Achieve gender equality and empower all women and girls
6. Ensure availability and sustainable management of water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation
10. Reduce inequality within and among countries
11. Make cities and human settlements inclusive, safe, resilient and sustainable
12. Ensure sustainable consumption and production patterns
13. Take urgent action to combat climate change and its effects
14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development
15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss
16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
17. Strengthen the means of implementation and revitalise the global partnership for sustainable development
Mia Man’s tips for fermentation
- Start with a simple recipe such as yogurt or sauerkraut
- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.
- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.
- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.
Tottenham's 10 biggest transfers (according to transfermarkt.com):
1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop
2). Roberto Soldado - Valencia - £25m: Flop
3). Erik Lamela - Roma - £25m: Jury still out
4). Son Heung-min - Bayer Leverkusen - £25m: Success
5). Darren Bent - Charlton Athletic - £21m: Flop
6). Vincent Janssen - AZ Alkmaar - £18m: Flop
7). David Bentley - Blackburn Rovers - £18m: Flop
8). Luka Modric - Dynamo Zagreb - £17m: Success
9). Paulinho - Corinthians - £16m: Flop
10). Mousa Dembele - Fulham - £16m: Success
All you need to know about Formula E in Saudi Arabia
What The Saudia Ad Diriyah E-Prix
When Saturday
Where Diriyah in Saudi Arabia
What time Qualifying takes place from 11.50am UAE time through until the Super Pole session, which is due to end at 12.55pm. The race, which will last for 45 minutes, starts at 4.05pm.
Who is competing There are 22 drivers, from 11 teams, on the grid, with each vehicle run solely on electronic power.
Blackpink World Tour [Born Pink] In Cinemas
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Directors: Min Geun, Oh Yoon-Dong
Rating: 3/5
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.