FILE PHOTO: French police block the access to the Bataclan concert hall before the visit of members of a French parliamentary committee investigating government measures to fight shooting and bombing attacks at the site four months after a series of attacks at several sites in Paris, France, March 17, 2016. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: French police block the access to the Bataclan concert hall before the visit of members of a French parliamentary committee investigating government measures to fight shooting and bombing attacks at the site four months after a series of attacks at several sites in Paris, France, March 17, 2016. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: French police block the access to the Bataclan concert hall before the visit of members of a French parliamentary committee investigating government measures to fight shooting and bombing attacks at the site four months after a series of attacks at several sites in Paris, France, March 17, 2016. REUTERS/Benoit Tessier/File Photo
FILE PHOTO: French police block the access to the Bataclan concert hall before the visit of members of a French parliamentary committee investigating government measures to fight shooting and bombing

The unexpected truth about mass panic


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Last Saturday, panic gripped a New York City music festival. After hearing a loud bang, which some people interpreted as a gunshot, members of the audience began to flee. Fear quickly rippled through the crowd. The police later reported that the noise was caused by someone stepping on and bursting a plastic bottle.

In a country where more than 260 mass shootings have occurred this year alone, US citizens have good reason to worry about attending public events. However, they are not alone. Since January 1, 2018, more than 960 incidences of mass violence have been perpetrated worldwide, killing more than 5,300 people.

The events of September 11, 2001 marked a paradigm shift in our lives. The destruction of the World Trade Center towers in New York may have taken place before social media existed, but the world was still able to follow the gruesome news in real-time, via live TV broadcasts. Suddenly, the fear of similar attacks spread through communities and nations that had previously had little cause for such concern.

I am lucky enough to have no direct experience of a similar event. I can only imagine the trauma experienced by those who witness at close quarters the carnage inflicted in attacks such as the mass shooting at a country music show in Las Vegas a year ago, or the bombing of the Ariana Grande concert in Manchester in May 2017.

Fear, once it has taken root, is difficult to dislodge. The knowledge that something awful could happen turns all public events into potential disasters. Any suspicious sound or behaviour sets alarm bells ringing, triggering and spreading hysteria.

One would be forgiven for thinking that, in the event of an attack, the primary human instinct would be to save our own lives. But, according to Dr Anthony Mawson from Louisiana State University, that might not be the case. In a 2005 edition of the academic journal Psychiatry, he wrote that "the typical response to a variety of threats and disasters is not to flee but to seek the proximity of familiar persons and places" and that "separation from attachment figures is a greater stressor than physical danger". That's why, when on a flight, we are told to put on our own oxygen mask before trying to help loved ones or anyone else. In extreme situations, it turns out, people are more altruistic than we might at first give them credit for.

Facial expressions of fear have been found to be a powerful medium for spreading fear. Yet, at a public event where people are running in all directions, faces might not be the first thing that people pay attention to. Vocalisations are also a major contributing factor in panic situations. Researchers at the Berkeley and San Francisco universities have recently found a strong correlation between verbal expressions of fear and levels of the stress hormone cortisol in those who hear them.

Like many others, I do have personal experience of the role that media expressions of fear play in increasing stress. In Paris on November 13, 2015, I was lying in a hotel room, having trouble sleeping. I picked up my phone and saw a stream of updates reporting the terrible events that had unfolded at the Stade de France football stadium, the Bataclan concert venue and elsewhere in the city.

I switched on the TV and was immediately consumed by terror. No one knew what was happening. For a while, it felt like Paris was under siege. My sense of unease only intensified when I heard people shouting in anguish at the news in neighbouring rooms.

During the following months, I slept extremely badly. This should not have come as a surprise. Sleep disorders are commonly experienced by those who have been directly involved in traumatic events, but also by those who have been exposed to media coverage of mass violence. A study of 1,878 respondents in France, conducted one month after the Bataclan attacks and published earlier this year in the Journal of Psychiatric Research, revealed a significant correlation between exposure to traditional and social media reports of the events and the disruption of sleep experienced by subjects.

It is an unfortunate fact of modern life that no one is ever completely safe and that, try as we might, it is impossible to insulate ourselves from the effects of violence. From crowded public gatherings to the solitude of or own beds, we are all in this together.

Professor Olivier Oullier is the president of Emotiv, a neuroscientist and a DJ

Fixtures

Tuesday - 5.15pm: Team Lebanon v Alger Corsaires; 8.30pm: Abu Dhabi Storms v Pharaohs

Wednesday - 5.15pm: Pharaohs v Carthage Eagles; 8.30pm: Alger Corsaires v Abu Dhabi Storms

Thursday - 4.30pm: Team Lebanon v Pharaohs; 7.30pm: Abu Dhabi Storms v Carthage Eagles

Friday - 4.30pm: Pharaohs v Alger Corsaires; 7.30pm: Carthage Eagles v Team Lebanon

Saturday - 4.30pm: Carthage Eagles v Alger Corsaires; 7.30pm: Abu Dhabi Storms v Team Lebanon

States of Passion by Nihad Sirees,
Pushkin Press

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.”

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Fixtures:

Wed Aug 29 – Malaysia v Hong Kong, Nepal v Oman, UAE v Singapore
Thu Aug 30 - UAE v Nepal, Hong Kong v Singapore, Malaysia v Oman
Sat Sep 1 - UAE v Hong Kong, Oman v Singapore, Malaysia v Nepal
Sun Sep 2 – Hong Kong v Oman, Malaysia v UAE, Nepal v Singapore
Tue Sep 4 - Malaysia v Singapore, UAE v Oman, Nepal v Hong Kong
Thu Sep 6 – Final

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Financial considerations before buying a property

Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.

“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says. 

Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.

Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier. 

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

Tuesday results:

  • Singapore bt Malaysia by 29 runs
  • UAE bt Oman by 13 runs
  • Hong Kong bt Nepal by 3 wickets

Final:
Thursday, UAE v Hong Kong

Tips for entertaining with ease

·         Set the table the night before. It’s a small job but it will make you feel more organised once done.

·         As the host, your mood sets the tone. If people arrive to find you red-faced and harried, they’re not going to relax until you do. Take a deep breath and try to exude calm energy.

·         Guests tend to turn up thirsty. Fill a big jug with iced water and lemon or lime slices and encourage people to help themselves.

·         Have some background music on to help create a bit of ambience and fill any initial lulls in conversations.

·         The meal certainly doesn’t need to be ready the moment your guests step through the door, but if there’s a nibble or two that can be passed around it will ward off hunger pangs and buy you a bit more time in the kitchen.

·         You absolutely don’t have to make every element of the brunch from scratch. Take inspiration from our ideas for ready-made extras and by all means pick up a store-bought dessert.

 

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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