In this 2017 file photo, ICAN activists wearing masks of North Korea's leader Kim Jong-un and US President Donald Trump demonstrate in front of the US embassy in Berlin. AFP
In this 2017 file photo, ICAN activists wearing masks of North Korea's leader Kim Jong-un and US President Donald Trump demonstrate in front of the US embassy in Berlin. AFP
In this 2017 file photo, ICAN activists wearing masks of North Korea's leader Kim Jong-un and US President Donald Trump demonstrate in front of the US embassy in Berlin. AFP
In this 2017 file photo, ICAN activists wearing masks of North Korea's leader Kim Jong-un and US President Donald Trump demonstrate in front of the US embassy in Berlin. AFP

Coronavirus: How to prevent a new nuclear arms race – and future pandemics


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  • Arabic

The island of Shemya is American territory on the ends of the earth. It is on the Aleutian chain of islands, the part of Alaska that stretches across the inhospitable waters of the north Pacific, where North America gets close to the far east of Russia.

In 1942, during the Second World War, Japanese soldiers landed on the Aleutians following their attack on Pearl Harbour – the first time the US was invaded since the War of 1812. When I visited the Aleutians a few years ago, courtesy of the US military, I was taken to see rusty old Japanese military vehicles and a monument from Japanese veterans dedicated to comrades lost in combat.

The Aleutians are so remote, even though they are part of the US, that during the war the US military command in Washington simply ignored the invaders and fought the war in the Pacific much farther south. By the 1980s, the islands assumed far greater strategic significance. Then president Ronald Reagan pursued a “New Maritime Strategy”, which meant beefing up US forces in the north Pacific against the threat from the Soviet Union.

The Cold War

US President Ronald Reagan and Russian leader Mikhail Gorbachev during a summit in Reykjavik, Iceland. Getty Images
US President Ronald Reagan and Russian leader Mikhail Gorbachev during a summit in Reykjavik, Iceland. Getty Images

Alaska already had an early warning system in case of a nuclear war, and that too was enhanced. When I visited US bases there, including Shemya and Adak, they were busy tracking Russian Bear bombers moving towards American airspace and scrambling US F15 fighter planes to turn them away. In the base stores, you could buy T-shirts and baseball caps that read: “Shemya: It’s not the end of the world, but you can see it from here.” These were frontline US troops preparing for nuclear Armageddon.

Later, I filmed in a hotel at a place called Greenbrier, a couple of hours drive from Washington DC, where in the 1950s the US government constructed a secret, massive bunker as a safe place for members of the US Congress to meet in case of nuclear war and the destruction of American cities. It seems like ancient history now but television programmes at the time included many documentaries like the one I was filming and scary dramas about how, if it came to war, the entire planet was doomed. Those of us who did not die in a nuclear exchange would perish from radiation sickness or in a “nuclear winter” in which no crops would grow.

The final scene from Dr Strangelove

However now, as we focus on another threat to our lives, our economies and our world – coronavirus – it is curious to compare all these elaborate and expensive preparations for nuclear conflict with the lack of preparation in western countries and in the states of the old Soviet Union for the global pandemic we are now experiencing.

Despite numerous warnings from virologists and epidemiologists that Sars and Mers would eventually be followed by something much worse, the world is still playing catch up on coronavirus.

Covid-19 response around the world

Perhaps even more surprising, the danger of nuclear war has been forgotten in the public imagination but it has not gone away. The threat to the Gulf region and beyond from Iran's nuclear programme has not been eliminated. North Korea has not abandoned its own extremely provocative missile programme. And figures released in the past few days have shown continuing reinvestment round the world in nuclear arsenals.

In 2019, according to the International Campaign to Abolish Nuclear Weapons (ICAN) the nine countries with nuclear weapons spent a total of $72.9 billion on those weapons, a 10 per cent increase on 2018. Of that sum, around half – $35.4bn – was spent by the Trump administration.

The Iranian problem

The threat to the Gulf region and beyond from Iran’s nuclear programme has not been eliminated. EPA
The threat to the Gulf region and beyond from Iran’s nuclear programme has not been eliminated. EPA

ICAN, as its name suggests, wants nuclear weapons to be banned. It points out that so much money that could be spent on making the world healthier – and preparing for the certainty of future pandemics – is being spent on the unlikelihood of a nuclear conflict.

While this argument is attention-grabbing, it does not face up to hard reality. Just because we were unprepared for Covid-19 does not of itself mean nuclear states should simply destroy their stockpiles. Events in the sea lanes of the Gulf remind us of the old Cold War saying, that the price of peace is eternal vigilance. Nevertheless, the dislocation caused by the virus has made many of us re-think our personal priorities – family, friends, work and what makes us happy.

North Korea's recent missile launches

Perhaps the pandemic may also make governments reassess their own priorities. How many nuclear weapons are "enough"? Do we still believe in the doctrine of Mutually Assured Destruction – or MAD? Could we cut nuclear arsenals and put more effort into engagement with Iran and North Korea – difficult though that is – to try to prevent a new nuclear arms race?

This year’s US presidential election, combined with an economic shock and the biggest threat to world health for a century, provides an opportunity to re-think our priorities. If we can spend billions every year on bunkers, missiles and early warning systems in the hope of preventing global conflict – and not see that investment as wasted – can we switch more investment to preventing and treating global health threats?

Gavin Esler is a journalist, author and presenter

French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Specs

Engine: Dual-motor all-wheel-drive electric

Range: Up to 610km

Power: 905hp

Torque: 985Nm

Price: From Dh439,000

Available: Now

Singham Again

Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

Rating: 3/5

PROFILE

Name: Enhance Fitness 

Year started: 2018 

Based: UAE 

Employees: 200 

Amount raised: $3m 

Investors: Global Ventures and angel investors 

MATCH INFO

Barcelona 4 (Messi 23' pen, 45 1', 48', Busquets 85')

Celta Vigo 1 (Olaza 42')

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.”

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

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UAE currency: the story behind the money in your pockets
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The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

The drill

Recharge as needed, says Mat Dryden: “We try to make it a rule that every two to three months, even if it’s for four days, we get away, get some time together, recharge, refresh.” The couple take an hour a day to check into their businesses and that’s it.

Stick to the schedule, says Mike Addo: “We have an entire wall known as ‘The Lab,’ covered with colour-coded Post-it notes dedicated to our joint weekly planner, content board, marketing strategy, trends, ideas and upcoming meetings.”

Be a team, suggests Addo: “When training together, you have to trust in each other’s abilities. Otherwise working out together very quickly becomes one person training the other.”

Pull your weight, says Thuymi Do: “To do what we do, there definitely can be no lazy member of the team.” 

UJDA CHAMAN

Produced: Panorama Studios International

Directed: Abhishek Pathak

Cast: Sunny Singh, Maanvi Gagroo, Grusha Kapoor, Saurabh Shukla

Rating: 3.5 /5 stars

UAE currency: the story behind the money in your pockets
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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Ric%20Roman%20Waugh%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%C2%A0%3C%2Fstrong%3EGerard%20Butler%2C%20Navid%20Negahban%2C%20Ali%20Fazal%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A
New UK refugee system

 

  • A new “core protection” for refugees moving from permanent to a more basic, temporary protection
  • Shortened leave to remain - refugees will receive 30 months instead of five years
  • A longer path to settlement with no indefinite settled status until a refugee has spent 20 years in Britain
  • To encourage refugees to integrate the government will encourage them to out of the core protection route wherever possible.
  • Under core protection there will be no automatic right to family reunion
  • Refugees will have a reduced right to public funds

Kathryn Hawkes of House of Hawkes on being a good guest (because we’ve all had bad ones)

  • Arrive with a thank you gift, or make sure you have one for your host by the time you leave. 
  • Offer to buy groceries, cook them a meal or take your hosts out for dinner.
  • Help out around the house.
  • Entertain yourself so that your hosts don’t feel that they constantly need to.
  • Leave no trace of your stay – if you’ve borrowed a book, return it to where you found it.
  • Offer to strip the bed before you go.
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The%20specs
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