Armed Offenders Squad push back members of the public following the Christchurch shooting at the Masjid Al Noor on Deans Avenue, New Zealand, March 15, 2019. EPA
Armed Offenders Squad push back members of the public following the Christchurch shooting at the Masjid Al Noor on Deans Avenue, New Zealand, March 15, 2019. EPA
Armed Offenders Squad push back members of the public following the Christchurch shooting at the Masjid Al Noor on Deans Avenue, New Zealand, March 15, 2019. EPA
Armed Offenders Squad push back members of the public following the Christchurch shooting at the Masjid Al Noor on Deans Avenue, New Zealand, March 15, 2019. EPA

Right-wing terror is the most urgent threat to societies – not just in the West


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Two seemingly unconnected events took place last month, one in Singapore, the other in Washington. News of the latter spread throughout the world: supporters of former US president Donald Trump stormed Capitol Hill. The former, however, is less well-known but could have been deadlier.

A young, far-right extremist in Singapore planned to copy the Christchurch massacre of 2019 in New Zealand, in which 51 Muslim worshippers were gunned down. He was caught before he made good on his plans. The averted disaster does, though, beg the question: are we aware of the extent of the threat posed by the far right globally?

In his inauguration speech, US President Joe Biden discussed the "rise of political extremism, white supremacy, domestic terrorism that we must confront and we will defeat”. It was an announcement long overdue in the US.

The election of Mr Trump to the White House in 2016 showed how much the former US president appealed to white supremacists in the US.

The white supremacist movement, however, predates Mr Trump and his presidency. Contemporary far-right extremism has been mobilising in the US for more than a decade and in quite plain sight. If one takes a wider view, white supremacy has been at work in the US since its founding in 1776, most infamously embodied in the institution of slavery. That Mr Biden recognised from the presidential podium this danger is an important first step.

But there was a phrase of Mr Biden’s that could have misled observers. He described this type of political extremism as "domestic terrorism", which is a narrow space for it. Terrorism is certainly not constrained within borders. Extremism is a transnational threat and the network operates across borders.

The Christchurch massacre was the most horrific recent example, but there have been many more: the Breivik massacre in 2011 in Norway, another attack in Oslo in August 2019, among others. Some resulted in terrible sufering and some were thankfully foiled. Nonetheless, the threat is widely felt across the world.

Now, in Singapore, a famously tolerant and multicultural society, the 16-year-old who is in custody, intended to knife his victims on the second anniversary of the Christchurch massacre, on March 15.

The accused, according to reports, planned to live stream his attack as he was influenced by the Christchurch killer's method. Officials also said that the accused was preparing to hand out documents relating to the attacks in France last year, when a man armed with knives killed three people at a church in Nice in the first of four terror attacks that unfolded.

Flowers near Notre-Dame de l'Assomption Basilica in Nice on October 31, 2020, two days after a knife attacker killed three people, France. AFP
Flowers near Notre-Dame de l'Assomption Basilica in Nice on October 31, 2020, two days after a knife attacker killed three people, France. AFP

Such shocking tales of disasters in the making raise the question: will the international community take up the responsibility of facing the threat of far-right extremism and its allies with the determination required?

It is as yet unclear. At the moment, the Biden administration seems keen to establish a new set of priorities, and one hopes that a restructured focus on different types of extremism will be a part of it. The security establishment in the US has been warning of far-right infiltration into law enforcement for more than a decade. And across the West, including in the UK and elsewhere, there has been a growing recognition that it is the most prescient threat to western countries domestically.

But, of course, we have a significant problem when it comes to dealing with this, and that is admitting how deep the rot actually goes. On the extreme right-leaning side of the political spectrum, there is often sympathy for white supremacists. Too few people in high office, especially conservatives in western societies, may be willing to openly admit this. But denial is no longer possible. A YouGov poll indicated that 45 per cent of Republican voters supported the storming of the Capitol, even while many Republican leaders eventually expressed opposition to it.

As for those beyond the West, the averted attack in Singapore should make it clear: acts by far-right extremists and non-state actors may be the next scourge they need to guard against. At their own peril, political leaders worldwide can choose to ignore this threat. In the process, however, their countries may be the next target.

Dr HA Hellyer, a Carnegie Endowment scholar, is a senior fellow at the Royal United Services Institute and Cambridge University

WHAT FANS WILL LOVE ABOUT RUSSIA

FANS WILL LOVE
Uber is ridiculously cheap and, as Diego Saez discovered, mush safer. A 45-minute taxi from Pulova airport to Saint Petersburg’s Nevsky Prospect can cost as little as 500 roubles (Dh30).

FANS WILL LOATHE
Uber policy in Russia is that they can start the fare as soon as they arrive at the pick-up point — and oftentimes they start it even before arriving, or worse never arrive yet charge you anyway.

FANS WILL LOVE
It’s amazing how active Russians are on social media and your accounts will surge should you post while in the country. Throw in a few Cyrillic hashtags and watch your account numbers rocket.

FANS WILL LOATHE
With cold soups, bland dumplings and dried fish, Russian cuisine is not to everybody’s tastebuds.  Fortunately, there are plenty Georgian restaurants to choose from, which are both excellent and economical.

FANS WILL LOVE
The World Cup will take place during St Petersburg's White Nights Festival, which means perpetual daylight in a city that genuinely never sleeps. (Think toddlers walking the streets with their grandmothers at 4am.)

FANS WILL LOATHE
The walk from Krestovsky Ostrov metro station to Saint Petersburg Arena on a rainy day makes you wonder why some of the $1.7 billion was not spent on a weather-protected walkway.

Dirham Stretcher tips for having a baby in the UAE

Selma Abdelhamid, the group's moderator, offers her guide to guide the cost of having a young family:

• Buy second hand stuff

 They grow so fast. Don't get a second hand car seat though, unless you 100 per cent know it's not expired and hasn't been in an accident.

• Get a health card and vaccinate your child for free at government health centres

 Ms Ma says she discovered this after spending thousands on vaccinations at private clinics.

• Join mum and baby coffee mornings provided by clinics, babysitting companies or nurseries.

Before joining baby classes ask for a free trial session. This way you will know if it's for you or not. You'll be surprised how great some classes are and how bad others are.

• Once baby is ready for solids, cook at home

Take the food with you in reusable pouches or jars. You'll save a fortune and you'll know exactly what you're feeding your child.

The biog

Family: He is the youngest of five brothers, of whom two are dentists. 

Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.

Where he works: Liberty Dental Clinic 

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

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.”

Day 2, stumps

Pakistan 482

Australia 30/0 (13 ov)

Australia trail by 452 runs with 10 wickets remaining in the innings

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Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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