During a recent episode of The Joe Rogan Experience podcast, the documentary filmmaker Ken Burns quoted a famous Mark Twain line: “History doesn’t repeat itself, but it often rhymes.” He was making the point about why it is important to listen to the voices of the past, even if their messages offend you today.
The conversation was in the context of his upcoming project on the American Revolution. Burns argued that it is the most important historical event in terms of shaping the world we live in now, because it created a unique political and economic engine, the impact of which we are still struggling to get to grips with 250 years later.
Less than a fortnight after the Rogan-Burns podcast came out, a less refined, more combative exchange took place between two other individuals, which underscores how the definition of what the US is has kept evolving since the 18th century.
When the journalist Tucker Carlson confronted US Senator Ted Cruz in a now-viral interview, it marked the beginning of the end for an expectation of how the US conducts itself on the global stage – with obvious implications for those of us living in this region.
Mr Cruz, for long a dependable voice for hawkish Republican policy and unwavering support for Israel, found himself cornered. Carlson, representing a surging populist strain of “America First” conservatism that is aligned with President Donald Trump’s political base, was pushing Mr Cruz to properly articulate why it was important for the US to topple the Iranian establishment. The backdrop to this interview had been pressure from senior Republicans in Congress to join Israel’s attack on Iran – championed by Prime Minister Bejamin Netanyahu – with the stated aim of removing any nuclear threat it poses. Mr Netanyahu, it’s important to point out, also called for ordinary Iranians to rise up against their rulers.
Digging into questions about why America should risk a war with Iran, why its support for Israel needs to always be unconditional and if American interests have been co-opted by the agendas of other nations, Carlson sought a rational explanation for such long-standing beliefs of what was good for the country and its people, despite clear evidence to the contrary.
Instead, Mr Cruz fumbled over his responses. He jumped from religious justifications to security jargon and then to accusations about his interviewer’s motives, including suggesting that anti-Semitism and support for Russian President Vladimir Putin were behind his challenging posture. Mr Cruz came across as highly cynical and manipulative, lacking moral and intellectual depth, while Carlson seemed earnest and committed. It may have been wholly performative, but it still made my jaw drop.
The exchange, quite because it was between two heavyweights from the same political and cultural strata, represents the rupture of a long-assumed ideological and religious alliance between the traditional Republican guard, still clinging to post-9/11 doctrines, and the newer class, increasingly sceptical of endless wars and foreign entanglements following the mistakes in Iraq and Afghanistan.
Mr Cruz’s inability to make a sensible case for decades-long foreign policies represents a breaking point for anyone who had still been working under the illusion that there aren’t a multitude of transactional interests at work beyond what might benefit the average American.
History resonates with examples of such stunning revelations.
The one that has a similar cadence comes from the Fourth Crusade, when European knights, on their way to try to reclaim Jerusalem from Muslim control, instead attacked and looted Constantinople – considered then to be the greatest Christian city in the East – in 1204. Fuelled by Venetian debt and Byzantine intrigue, the result was a catastrophic betrayal of values that had stood for more than a century.
In the wake of it, public trust eroded, unity fractured and the Great Crusades were undermined. They were exposed for what they were – political, cynical and morally hollow. It would become increasingly more difficult for people in Europe to justify spending resources, lives and years on a cause so far away from home.
Yet this failure had been years in the making. The corruption of crusader kingdoms in the Holy Land, their inability to survive without external support, evolving military technology and tactics that made battlefield victories harder to attain, as well as political and economic shifts at home had made them more costly and less successful. The early religious fervour for war and its legitimacy in the eyes of the populace had begun to fade.
The Cruz-Carlson interview is revelatory in its own way. It has unequivocally brought to the centre stage the widespread suspicion among Americans in the idea that US involvement in the Middle East is fundamentally necessary or noble. By shining a spotlight on this national mood, it may have contributed to a more limited engagement by Mr Trump over the past week.
The “America First” movement appears to have passed its first major test, on its way to being the loudest voice shaping the future of its country and defining a new paradigm for US support to Israel.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
Sheer grandeur
The Owo building is 14 storeys high, seven of which are below ground, with the 30,000 square feet of amenities located subterranean, including a 16-seat private cinema, seven lounges, a gym, games room, treatment suites and bicycle storage.
A clear distinction between the residences and the Raffles hotel with the amenities operated separately.
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
The specs
Engine: 2.0-litre 4-cylinder turbo
Power: 240hp at 5,500rpm
Torque: 390Nm at 3,000rpm
Transmission: eight-speed auto
Price: from Dh122,745
On sale: now
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Aggro%20Dr1ft
%3Cp%3EDirector%3A%20Harmony%20Korine%3Cbr%3EStars%3A%20Jordi%20Molla%2C%20Travis%20Scott%3Cbr%3ERating%3A%202%2F5%3C%2Fp%3E%0A
Killing of Qassem Suleimani
UAE currency: the story behind the money in your pockets
About Housecall
Date started: July 2020
Founders: Omar and Humaid Alzaabi
Based: Abu Dhabi
Sector: HealthTech
# of staff: 10
Funding to date: Self-funded
World Cricket League Division 2
In Windhoek, Namibia - Top two teams qualify for the World Cup Qualifier in Zimbabwe, which starts on March 4.
UAE fixtures
Thursday February 8, v Kenya; Friday February 9, v Canada; Sunday February 11, v Nepal; Monday February 12, v Oman; Wednesday February 14, v Namibia; Thursday February 15, final
Poacher
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3ERichie%20Mehta%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Nimisha%20Sajayan%2C%20Roshan%20Mathew%2C%20Dibyendu%20Bhattacharya%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Jawan
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EAtlee%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Shah%20Rukh%20Khan%2C%20Nayanthara%2C%20Vijay%20Sethupathi%26nbsp%3B%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E4%2F5%3C%2Fp%3E%0A
Q&A with Dash Berlin
Welcome back. What was it like to return to RAK and to play for fans out here again?
It’s an amazing feeling to be back in the passionate UAE again. Seeing the fans having a great time that is what it’s all about.
You're currently touring the globe as part of your Legends of the Feels Tour. How important is it to you to include the Middle East in the schedule?
The tour is doing really well and is extensive and intensive at the same time travelling all over the globe. My Middle Eastern fans are very dear to me, it’s good to be back.
You mix tracks that people know and love, but you also have a visually impressive set too (graphics etc). Is that the secret recipe to Dash Berlin's live gigs?
People enjoying the combination of the music and visuals are the key factor in the success of the Legends Of The Feel tour 2018.
Have you had some time to explore Ras al Khaimah too? If so, what have you been up to?
Coming fresh out of Las Vegas where I continue my 7th annual year DJ residency at Marquee, I decided it was a perfect moment to catch some sun rays and enjoy the warm hospitality of Bab Al Bahr.
Mountain%20Boy
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Zainab%20Shaheen%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Naser%20Al%20Messabi%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3C%2Fstrong%3E%3A%203%2F5%3C%2Fp%3E%0A
How Tesla’s price correction has hit fund managers
Investing in disruptive technology can be a bumpy ride, as investors in Tesla were reminded on Friday, when its stock dropped 7.5 per cent in early trading to $575.
It recovered slightly but still ended the week 15 per cent lower and is down a third from its all-time high of $883 on January 26. The electric car maker’s market cap fell from $834 billion to about $567bn in that time, a drop of an astonishing $267bn, and a blow for those who bought Tesla stock late.
The collapse also hit fund managers that have gone big on Tesla, notably the UK-based Scottish Mortgage Investment Trust and Cathie Wood’s ARK Innovation ETF.
Tesla is the top holding in both funds, making up a hefty 10 per cent of total assets under management. Both funds have fallen by a quarter in the past month.
Matt Weller, global head of market research at GAIN Capital, recently warned that Tesla founder Elon Musk had “flown a bit too close to the sun”, after getting carried away by investing $1.5bn of the company’s money in Bitcoin.
He also predicted Tesla’s sales could struggle as traditional auto manufacturers ramp up electric car production, destroying its first mover advantage.
AJ Bell’s Russ Mould warns that many investors buy tech stocks when earnings forecasts are rising, almost regardless of valuation. “When it works, it really works. But when it goes wrong, elevated valuations leave little or no downside protection.”
A Tesla correction was probably baked in after last year’s astonishing share price surge, and many investors will see this as an opportunity to load up at a reduced price.
Dramatic swings are to be expected when investing in disruptive technology, as Ms Wood at ARK makes clear.
Every week, she sends subscribers a commentary listing “stocks in our strategies that have appreciated or dropped more than 15 per cent in a day” during the week.
Her latest commentary, issued on Friday, showed seven stocks displaying extreme volatility, led by ExOne, a leader in binder jetting 3D printing technology. It jumped 24 per cent, boosted by news that fellow 3D printing specialist Stratasys had beaten fourth-quarter revenues and earnings expectations, seen as good news for the sector.
By contrast, computational drug and material discovery company Schrödinger fell 27 per cent after quarterly and full-year results showed its core software sales and drug development pipeline slowing.
Despite that setback, Ms Wood remains positive, arguing that its “medicinal chemistry platform offers a powerful and unique view into chemical space”.
In her weekly video view, she remains bullish, stating that: “We are on the right side of change, and disruptive innovation is going to deliver exponential growth trajectories for many of our companies, in fact, most of them.”
Ms Wood remains committed to Tesla as she expects global electric car sales to compound at an average annual rate of 82 per cent for the next five years.
She said these are so “enormous that some people find them unbelievable”, and argues that this scepticism, especially among institutional investors, “festers” and creates a great opportunity for ARK.
Only you can decide whether you are a believer or a festering sceptic. If it’s the former, then buckle up.
The biog
Favourite pet: cats. She has two: Eva and Bito
Favourite city: Cape Town, South Africa
Hobby: Running. "I like to think I’m artsy but I’m not".
Favourite move: Romantic comedies, specifically Return to me. "I cry every time".
Favourite spot in Abu Dhabi: Saadiyat beach