It is not often that a senior officer in the American armed forces is said to be politically progressive. But earlier this month, General Mark Milley, Chairman of the Joint Chiefs of Staff and the highest-ranking military officer in the US, was said to be not only progressive, but also responsible for the US military becoming too "woke" – for teaching critical race theory.
If that sounds counter-intuitive about the American army, that's because it is – until one realises that these kinds of accusations are the new normal for some Republicans.
But first, let’s be clear about the situation within the US armed forces when it comes to race. African-Americans have fought as American soldiers in every war the US has ever fought. But until 1948, racial segregation was the norm. On July 26 of that year, former US president Harry Truman ended segregation in the armed forces by issuing an executive order. But while that legally ended open racial discrimination in the armed forces, it did not end racism.
It took more than a decade to enforce the actual integration of servicemen. The problem of racism, however, persists in the US army even to this day. As the Pentagon's spokesperson, Major Cesar Santiago said to the Associated Press last month: "We know that far too many service members indicate they experience discrimination."
And the problem of racism in the armed forces is connected to issues in the wider American society; almost two dozen members of the January 6 storming of the Capitol had links to the US military.
So, the question is not about whether or not racism exists within the American armed forces – that is clearly established. Yet, when General Milley was asked by Florida congressmen, Republicans Michael Waltz and Matt Gaetz, during a House Armed Services hearing, about the teaching of critical race theory, his answer infuriated the two politicians, who insisted that teaching critical race theory would be "divisive". This is a rather peculiar claim.
Simply put, critical race theory is based on the idea that institutions in the US create and sustain inequalities that are economic, political or social inequities between people of colour and white people.
Firstly, as General Milley made clear, there was no indoctrination being promoted by merely teaching critical race theory to cadets. Rather, critical race theory, like many other academic theories, is one of many different approaches to understand the nature of race-relations in the US.
As General Milley elaborated, critical race theory was not being forced as a dogma for trainees to accept; it was merely being taught as one among many theories that exist.
When studying sociology, for example, cadets are taught theories that they might not use or even agree with, but which they ought to be knowledgable about, as they gain an understanding of ideas around which the world works. Presumably, new trainees are taught a variety of diverse concepts, including Marxism or libertarianism. They’re probably taught about multiple religions as well. This does not mean they have to become Marxists or libertarians or follow particular religions. It just means they ought to be educated in those subjects. It is a part of the learning process for students or cadets to broaden their knowledge of the world so as to engage with the people who live by those ideas or beliefs.
New trainees are taught concepts such as Marxism or libertarianism. This does not mean they have to become Marxists or libertarians
Secondly, critical theory in general, and critical race theory in particular, is a specific approach to social philosophy that takes seriously the notion of power structures. One would think that an awareness of that kind of seriousness is important for a cadet in any military service, as also in the military of the most powerful country in the world.
This does not mean that cadets must accept the conclusions of critical theorists. There is much to be argued against, for example, in Jurgen Habaermas’ work in critical theory. But this does not mean that the German philosopher's concerns about the openness of the public sphere are to be dismissed.
Coming back to the Florida congressmen's argument, Mr Gaetz’s objection falls flat when his own approach is considered. When General Milley defended teaching critical race theory to cadets, he explicitly referenced the storming of Capitol Hill, saying: “I want to understand white rage... what is it that caused thousands of people to assault this building and try to overturn the Constitution of the United States of America?“
It is not an unusual thing for General Milley to have said. But when one looks at how Mr Gaetz and many of his Republican colleagues reacted to the storming, one sees the bad-faith nature of the attack in full view. As was widely reported, only days before these hearings, Mr Gaetz suggested the FBI might have "animated" the events on January 6, pushing a discredited conspiracy theory that some on that day were "masquerading as Trump supporters and in fact, were members of the violent terrorist group Antifa."
This controversy is not about the academic flaws of critical race theory, which are open to discussion and ought to be debated, as they have been for decades. Rather, it is the latest front in the right-wing culture war, where merely acknowledging the scale of the problem of racism in America is to be discredited. It would be good if we can simply be honest about that.
Dr HA Hellyer, a Carnegie Endowment scholar, is a senior fellow at the Royal United Services Institute and Cambridge University
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.”
UAE tour of the Netherlands
UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match
UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 2.0-litre 4-cylinder turbo
Power: 275hp at 6,600rpm
Torque: 353Nm from 1,450-4,700rpm
Transmission: 8-speed dual-clutch auto
Top speed: 250kph
Fuel consumption: 6.8L/100km
On sale: Now
Price: Dh146,999
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Company%20profile
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The specs
Engine: 1.6-litre 4-cyl turbo
Power: 217hp at 5,750rpm
Torque: 300Nm at 1,900rpm
Transmission: eight-speed auto
Price: from Dh130,000
On sale: now
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
Day 1 results:
Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)
Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)
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The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)