Harvey Weinstein, mired in a sex scandal, was fired by his brother from The Weinstein Co, which may be putting itself up for sale. Richard Shotwell / AP
Harvey Weinstein, mired in a sex scandal, was fired by his brother from The Weinstein Co, which may be putting itself up for sale. Richard Shotwell / AP

Harassment is not limited to abuses of power by the famous. From city streets to corporate suites, it is an epidemic



It is a feature not a bug in the way the global establishment works that the president of the United States and one of the most important moguls in Hollywood are both known sexual predators. It is a feature not a bug that similar stories are an international phenomenon, like that of anti-extremism activist Henda Ayari's revelations of her own harassment at the hands of a Muslim academic she recently asserted was the grandson of the founder of the Muslim Brotherhood, Tariq Ramadan.

This is the way men have designed the global system, to enable them to gain power and wield it with near impunity over women as well as other men or even children they may desire or seek to harass to satisfy other psychological needs.

That is why having a president who has been accused multiple times of sexual harassment or impropriety is not new. Once upon a time, the serial abuse of power to achieve (or cover up) sexual conquests was even celebrated in some circles as in the case of John F Kennedy. More recently it nearly ended the presidency of Bill Clinton. Sexual harassment in Hollywood and in the performing arts more broadly is a story as old as the casting couch. And of course, harassment is not limited to abuses of power by the famous. From city streets to corporate suites to the military it is an epidemic. (In the civilian workplace worldwide, substantial percentages of women report sexual harassment from one in three in one US study to 50 per cent in a recent British study. Seventy-nine per cent of women in India report some form of street harassment with the number rising to 89 per cent in Brazil, 93 per cent in Afghanistan and reaching 100 per cent in Argentina and nearly that in Egypt.)

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In my own lifetime, I have personally known three different women who were harassed by Latin American heads of state. One demanded a reporter interview him while he lay in bed nude. Another cornered a Wall Street analyst as he took her on a private tour of his capital city. And a third demanded a young NGO worker come up to his suite. We have also seen similar cases of such abuses and excesses, from the bunga bunga parties of Silvio Berlusconi, former Italian prime minister, to the harassment accusations a decade ago against former Israeli president Moshe Katsav, to similar cases against chief executives of companies in literally every corner of the globe.

Each of these cases has produced scandal. But the pattern of harassment has continued because powerful men with good lawyers and deep pockets can often sidestep the worst potential consequences of their actions through out-of-court settlements and political maneuvering. And even the poor men who might harass or abuse a woman traveling with them on a city bus in New Delhi or Mexico City have the cover of the other men and the numbing expectations of their “culture.”

Each time such a scandal happens, outrage ensues. Disturbingly, there is often more coverage of cases when they involve famous, attractive women. In other words, the visibility of these cases is often a form of exploitation itself, cloaking pruriency in the flannel of self-righteousness. But here’s what doesn’t happen: the cases don’t stop.

Why is that?  It is, of course, because every major system of power in the world - political, media, military, theological - is dominated by men.

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In global politics and business the data support this. Women make up only 17 per cent of parliaments. According to a 2015 United Nations report, “Women’s representation among corporate managers, legislators and senior officials remains low, with only about half of countries having shares of women in managerial positions of 30 per cent or more, and none reaching or surpassing parity.” Pathetically predictably, one result of this is that according to a 2016 study by the Inter-Parliamentary Union eight out of 10 women parliamentarians surveyed said they had “experienced some form of psychological or sexual harassment or violence.”

When numbers are this high in this many places worldwide, it is not about national cultures or legal systems, it is about the only system that exists everywhere: a system run by men for men that protects men and enables them to be their worst selves with disproportionately low risk of paying a price for it.

The data is endless. The stories are tragic. The abuse continues. It is vitally important that we hear the brave voices of women calling out their harassers. It is essential we do what we can to ensure that there are serious financial consequences for corporations that harbour and thus enable such behaviour. But in the end, the cold hard fact is that the only way to produce a system that protects us all equally wherever we may live, regardless of historical traditions, is to ensure that those who write the laws and set and enforce the rules actually reflect the make-up of society. Today’s headlines just remind us that until women are fully equally represented at the power centres of society worldwide, as they increasingly are in places like the UAE, they will be victimised by the men who have ensured the one and only truly global system is the one that perpetuates the abuse and subjugation of women.

David Rothkopf is CEO of The Rothkopf Group, a columnist for the Washington Post, senior fellow at the Johns Hopkins School of Advanced International Studies and most recently author of The Great Questions of Tomorrow

The biog

Favourite book: You Are the Placebo – Making your mind matter, by Dr Joe Dispenza

Hobby: Running and watching Welsh rugby

Travel destination: Cyprus in the summer

Life goals: To be an aspirational and passionate University educator, enjoy life, be healthy and be the best dad possible.

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.”

Libya's Gold

UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves. 

The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

Paltan

Producer: JP Films, Zee Studios
Director: JP Dutta
Cast: Jackie Shroff, Sonu Sood, Arjun Rampal, Siddhanth Kapoor, Luv Sinha and Harshvardhan Rane
Rating: 2/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

KINGDOM%20OF%20THE%20PLANET%20OF%20THE%20APES
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Wes%20Ball%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Owen%20Teague%2C%20Freya%20Allen%2C%20Kevin%20Durand%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
In numbers

- Number of children under five will fall from 681 million in 2017 to 401m in 2100

- Over-80s will rise from 141m in 2017 to 866m in 2100

- Nigeria will become the world’s second most populous country with 791m by 2100, behind India

- China will fall dramatically from a peak of 2.4 billion in 2024 to 732 million by 2100

- an average of 2.1 children per woman is required to sustain population growth

AGL AWARDS

Golden Ball - best Emirati player: Khalfan Mubarak (Al Jazira)
Golden Ball - best foreign player: Igor Coronado (Sharjah)
Golden Glove - best goalkeeper: Adel Al Hosani (Sharjah)
Best Coach - the leader: Abdulaziz Al Anbari (Sharjah)
Fans' Player of the Year: Driss Fetouhi (Dibba)
Golden Boy - best young player: Ali Saleh (Al Wasl)
Best Fans of the Year: Sharjah
Goal of the Year: Michael Ortega (Baniyas)

The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young