The European Central Bank on Wednesday announced a surprise 750-billion-euro scheme to purchase government and corporate bonds, as it joined other central banks in stepping up efforts to contain the economic damage from the coronavirus. AFP.
The European Central Bank on Wednesday announced a surprise 750-billion-euro scheme to purchase government and corporate bonds, as it joined other central banks in stepping up efforts to contain the economic damage from the coronavirus. AFP.
The European Central Bank on Wednesday announced a surprise 750-billion-euro scheme to purchase government and corporate bonds, as it joined other central banks in stepping up efforts to contain the e
In Albert Camus' novel The Plague, the narrator, a doctor, describes the determined, almost surreal air of normality that prevails even as the full force of an epidemic is about to hit the Algerian town of Oran. "Our townsfolk were like everybody else, wrapped up in themselves," he says. "How should they have given a thought to anything like plague, which rules out any future, cancels journeys, silences the exchange of views. They fancied themselves free, and no one will ever be free so long as there are pestilences".
Something similar might be discerned in political terms in the seemingly heedless approach to that grand, historically unprecedented project called the European Union. Even as Europe became the "epicentre" of the coronavirus pandemic, according to the World Health Organisation, the EU has continued to wrangle over matters big and small.
President of European Commission, Ursula Von der Leyen, gives a press conference after EU leaders' video conference on COVID-19, caused by the novel coronavirus, at the European Council building in Brussels AFP
Last week, for instance, the bloc was arguing over making changes appropriate for the age of coronavirus to the rules of procedure for meetings of the European Council. The Council comprises the heads of government of the 27 member states and the issue was about virtual meetings. Might videoconferencing give the impression the EU is shutting down?
Such apparently frivolous concerns cannot hide the serious ways in which the pandemic is testing European solidarity. It has already led to the closure of national borders within the EU and even within the Schengen area of supposedly free travel.
According to one senior diplomat, the coronavirus crisis has exposed the EU's basic faultline: the absence of trust
Although the border closures are meant to apply to people rather than goods, health checks at some crossings are causing massive delays to land-based freight, thereby calling into question the EU’s boast of a seamless market worth 3 trillion euros ($3.3 trillion) of annual trade inside the bloc.
But the pandemic is doing more than cast doubt on the most binding principle of the continent’s post-WWII integration project – freedom of movement. Intra-European solidarity is also being sickened by unilateralism, uncooperativeness and uncoordinated decisions by member states.
Soon after Italy raised the alarm about the surging coronavirus infection within its borders, particularly within the rich northern industrial region of Lombardy, it tried to invoke an EU mechanism to share medical supplies. But no EU member state offered to help and Germany actually went so far as to ban the export of medical masks and other protective gear.
Berlin’s restrictions were later relaxed but it says something about the sour mood of suspicion that Italian foreign minister Luigi Di Maio has been showering hosannas on China rather than on the European community. Hailing the speedy arrival in Italy of medical equipment and Chinese doctors, Mr Di Maio said: "We are not alone, there are people in the world who want to help Italy”. Add to that the fulminations of Aleksandar Vucic, President of Serbia, a country which has been trying desperately to join the EU. Heaping praise upon China for its support as it battles the coronavirus, Mr Vucic contrasted China’s concrete steps with the “fairy tale” of solidarity from Europe.
An Uber Eats delivery man stands by the Spanish Steps at a deserted Piazza di Spagna in central Rome on March 12, 2020, as Italy shut all stores except for pharmacies and food shops to halt the spread of Covid-19. AFP
And finally, there was last week’s emergency move by the European Central Bank to launch the mass Pandemic Emergency Purchase Programme (PEPP) of bond-buying. While this is seen as a timely attempt to avert a deeper financial crisis, it has also brought to the fore old divisions within the 19-member common currency eurozone.
France and Italy want the bloc’s bailout fund to offer credit lines and issue joint “coronabonds”, but Germany and the Netherlands lead the naysayers, who warn against a rush to unprecedented risk-sharing. According to one senior diplomat, the coronavirus crisis has exposed the EU’s basic faultline: the absence of trust.
That is a harsh judgement but long-time observers of the European project point to several similar indicators of brittleness. Heather Conley, director of the Europe Programme at the Centre for Strategic and International Studies in Washington and a former deputy assistant secretary of state for European Affairs in the George W Bush administration, says: “there is growing realisation that European solidarity is a rhetorical rather than a material concept”. She points to the EU’s repeated failure to live up to the principle of solidarity. Even though it is enshrined in EU treaties and the EU refers to solidarity as one of its goals, “solidarity seems to mean little at the moment of crisis and national requirements”, says Ms Conley.
This is depressingly true, at least with respect to two significant recent events in the European bloc’s history. During the 2015 Syrian refugee crisis, individual EU member states such as Hungary and Austria closed their borders and remained stubbornly leery of attempts to reform the asylum system. Europe has still not managed to share the burden of migrants evenly, in order to prevent the southern states from being overwhelmed.
The long-running Greek debt crisis also came to a head in 2015, with harsh measures imposed on Athens in exchange for a bailout. It would be fair to say it tested the notion of European goodwill, the 'whatever it takes' promise that must necessarily underpin cross-border collaborative ventures.
Accordingly, as the unprecedented coronavirus crisis takes its toll, the pessimists say that the lack of a coordinated European response shows the inherent failings of a project that depends upon fraternal spirit and allegiance to succeed. They have a point. That said, there is also the possibility that the PEPP bond-buying will somehow work to bind wounds after all the hard words and hard feelings of the pandemic period. It could yet happen, if PEPP is used to generate the funds sought by EU member states (including by Italy, the eurozone’s third-largest economy) on condition that the money is exclusively used for Covid-19.
Cataclysmic events often rejig the course of history, changing the pace of developments that might have happened anyway. The pandemic may be such an event for Europe's future, for good or ill.
Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.
The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.
It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.
The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.
Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”
RESULTS
Cagliari 5-2 Fiorentina
Udinese 0-0 SPAL
Sampdoria 0-0 Atalanta
Lazio 4-2 Lecce
Parma 2-0 Roma
Juventus 1-0 AC Milan
The UAE has a good record on gender pay parity, according to Mercer's Total Remuneration Study.
"In some of the lower levels of jobs women tend to be paid more than men, primarily because men are employed in blue collar jobs and women tend to be employed in white collar jobs which pay better," said Ted Raffoul, career products leader, Mena at Mercer. "I am yet to see a company in the UAE – particularly when you are looking at a blue chip multinationals or some of the bigger local companies – that actively discriminates when it comes to gender on pay."
Mr Raffoul said most gender issues are actually due to the cultural class, as the population is dominated by Asian and Arab cultures where men are generally expected to work and earn whereas women are meant to start a family.
"For that reason, we see a different gender gap. There are less women in senior roles because women tend to focus less on this but that’s not due to any companies having a policy penalising women for any reasons – it’s a cultural thing," he said.
As a result, Mr Raffoul said many companies in the UAE are coming up with benefit package programmes to help working mothers and the career development of women in general.
About Karol Nawrocki
• Supports military aid for Ukraine, unlike other eurosceptic leaders, but he will oppose its membership in western alliances.
• A nationalist, his campaign slogan was Poland First. "Let's help others, but let's take care of our own citizens first," he said on social media in April.
• Cultivates tough-guy image, posting videos of himself at shooting ranges and in boxing rings.
• Met Donald Trump at the White House and received his backing.
WWE Evolution results
Trish Stratus and Lita beat Alicia Fox and Mickie James in a tag match
Nia Jax won a battle royal, eliminating Ember Moon last to win
Toni Storm beat Io Shirai to win the Mae Young Classic
Natalya, Sasha Banks and Bayley beat The Riott Squad in a six-woman tag match
Shayna Baszler won the NXT Women’s title by defeating Kairi Sane
Becky Lynch retained the SmackDown Women’s Championship against Charlotte Flair in a Last Woman Standing match
Ronda Rousey retained the Raw Women’s title by beating Nikki Bella
Wear the right fabric for the right season and occasion
Always ask for the dress code if you don’t know
Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
Wear hamdania for work, always wear a ghutra and agal
Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Haircare resolutions 2021
From Beirut and Amman to London and now Dubai, hairstylist George Massoud has seen the same mistakes made by customers all over the world. In the chair or at-home hair care, here are the resolutions he wishes his customers would make for the year ahead.
1. 'I will seek consultation from professionals'
You may know what you want, but are you sure it’s going to suit you? Haircare professionals can tell you what will work best with your skin tone, hair texture and lifestyle.
2. 'I will tell my hairdresser when I’m not happy'
Massoud says it’s better to offer constructive criticism to work on in the future. Your hairdresser will learn, and you may discover how to communicate exactly what you want more effectively the next time.
3. ‘I will treat my hair better out of the chair’
Damage control is a big part of most hairstylists’ work right now, but it can be avoided. Steer clear of over-colouring at home, try and pursue one hair brand at a time and never, ever use a straightener on still drying hair, pleads Massoud.
UAE SQUAD
Ali Khaseif, Mohammed Al Shamsi, Fahad Al Dhanhani, Khalid Essa, Bandar Al Ahbabi, Salem Rashid, Shaheen Abdulrahman, Khalifa Al Hammadi, Mohammed Al Attas, Walid Abbas, Hassan Al Mahrami, Mahmoud Khamis, Alhassan Saleh, Ali Salmeen, Yahia Nader, Abdullah Ramadan, Majed Hassan, Abdullah Al Naqbi, Fabio De Lima, Khalil Al Hammadi, Khalfan Mubarak, Tahnoun Al Zaabi, Muhammed Jumah, Yahya Al Ghassani, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri