Among 162 nations listed on the 2013 Global Peace Index, India occupies an unenviable 141st position.
The index, published by the Australian-based Institute for Economics and Peace (IEP), quantifies the "level of peace" of countries on the basis of data on safety and security in society, and other measures.
Public-safety statistics show that India is getting worse: violent crime increased by 6.4 per cent last year. And there is a direct link from corruption to crime. Arguably, corruption is the root cause of much of India's violence.
For me, the IEP report triggered a flashback to an encounter with an autorickshaw driver in Delhi more than 15 years ago. I can't recall his name, but I cannot forget his personality: he was exceptionally high-strung, embittered and extraordinarily eloquent.
I struck up a conversation with him. He told me about his upbringing: despite abject poverty, his parents gave him a decent education. But the time came when he had to give up his degree - and his dream - for this gruelling route to survival.
He could not get a job. On at least four occasions, he said, he was granted interviews for academic positions. But they all came to nothing. He lost out, he claimed, to competitors who either wielded their influence or bribed their way through.
This man represented a segment of the community in which frustration and anger are rarely far from the surface. Being victimised by corruption leaves people bitter and suspicious of each other, increasing the temptation to violence.
As crimes against women surge in India, it is fair to ask if we are seeing individuals robbed of dignity and control over their own lives, asserting power in the only way available to them?
Such scenarios are becoming worse with each passing year, as depravity grows and the sense of helplessness deepens.
Imagine that you were that autorickshaw driver, and suffered a health problem. You might have to bribe someone at a hospital to give you a speedy doctor's appointment.
The answer is the same no matter what the problem, it seems. Dead telephone? Any number of complaints will go unheeded unless you grease the palms of officials. Dreaming of your ideal home? No worries, provided you have money and power. (Consider the Adarsh Housing Society scandal in Mumbai, in which top politicians, bureaucrats and military officers bent a number of rules and through various acts of omission and commission arranged to get the building constructed - and then had themselves allotted flats in this premier property, at artificially low prices).
Is there a way to ensure that you get the quality you pay for?
Let me rewind to my Delhi days one more time. It was amusing to watch the neighbourhood women queuing up every morning near a community park, where a farmer came to sell milk. The scene was extraordinary because of the novel method he used to prove his honesty. He milked a buffalo into the containers the women brought with them as they stood nearby. In return for the guarantee of purity, the man would charge a premium price.
The women did not hesitate to pay up. But then one day a group of local men thrashed the farmer and threatened him with dire consequences if he ever returned to the area. The reason, I heard, was that the man had been caught injecting the buffalo with a harmful chemical which served to produce larger quantities of milk.
Today that same farmer might possibly suffer far more dire consequences.
Anger and desperation, fuelled by petty corruption, are growing. Yet I remain optimistic about India's future. I pin my hopes on studies that have shown that violence diminishes as a country prospers and trust is restored, underscoring the economic dimension in all this.
There is evidence linking high levels of social capital - non-official connections between people, such as social clubs, sports group and the like - to positive social outcomes, including low crime rates. And in countries where people know and trust one another more, there is also more confidence in the integrity of political leaders.
The challenge for India lies in distributing the fruits of growing prosperity fairly - without any strings attached. That's how to fight crime - when a society and its leaders are seen to operate fairly, the mentality that leads to crime fades away.
Skewed figures
In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458.
RESULT
Arsenal 0 Chelsea 3
Chelsea: Willian (40'), Batshuayi (42', 49')
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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.”
HIV on the rise in the region
A 2019 United Nations special analysis on Aids reveals 37 per cent of new HIV infections in the Mena region are from people injecting drugs.
New HIV infections have also risen by 29 per cent in western Europe and Asia, and by 7 per cent in Latin America, but declined elsewhere.
Egypt has shown the highest increase in recorded cases of HIV since 2010, up by 196 per cent.
Access to HIV testing, treatment and care in the region is well below the global average.
Few statistics have been published on the number of cases in the UAE, although a UNAIDS report said 1.5 per cent of the prison population has the virus.
What can victims do?
Always use only regulated platforms
Stop all transactions and communication on suspicion
Save all evidence (screenshots, chat logs, transaction IDs)
Report to local authorities
Warn others to prevent further harm
Courtesy: Crystal Intelligence
The specs: 2018 Renault Megane
Price, base / as tested Dh52,900 / Dh59,200
Engine 1.6L in-line four-cylinder
Transmission Continuously variable transmission
Power 115hp @ 5,500rpm
Torque 156Nm @ 4,000rpm
Fuel economy, combined 6.6L / 100km
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Explainer: Tanween Design Programme
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.”
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THE BIO
Favourite place to go to in the UAE: The desert sand dunes, just after some rain
Who inspires you: Anybody with new and smart ideas, challenging questions, an open mind and a positive attitude
Where would you like to retire: Most probably in my home country, Hungary, but with frequent returns to the UAE
Favorite book: A book by Transilvanian author, Albert Wass, entitled ‘Sword and Reap’ (Kard es Kasza) - not really known internationally
Favourite subjects in school: Mathematics and science
UAE currency: the story behind the money in your pockets
Tightening the screw on rogue recruiters
The UAE overhauled the procedure to recruit housemaids and domestic workers with a law in 2017 to protect low-income labour from being exploited.
Only recruitment companies authorised by the government are permitted as part of Tadbeer, a network of labour ministry-regulated centres.
A contract must be drawn up for domestic workers, the wages and job offer clearly stating the nature of work.
The contract stating the wages, work entailed and accommodation must be sent to the employee in their home country before they depart for the UAE.
The contract will be signed by the employer and employee when the domestic worker arrives in the UAE.
Only recruitment agencies registered with the ministry can undertake recruitment and employment applications for domestic workers.
Penalties for illegal recruitment in the UAE include fines of up to Dh100,000 and imprisonment
But agents not authorised by the government sidestep the law by illegally getting women into the country on visit visas.