Russian ambassador to Afghanistan Alexander Mantytskiy, left, giving an AK-47 to recently resigned Afghan national security adviser Hanif Atmar in 2016. Mr Atmar cited 'serious differences' in policy on security and national unity in his resignation letter on Saturday. Mohammad Ismail / Reuters
Russian ambassador to Afghanistan Alexander Mantytskiy, left, giving an AK-47 to recently resigned Afghan national security adviser Hanif Atmar in 2016. Mr Atmar cited 'serious differences' in policy Show more

With stalemate on talks on the future of Afghanistan, who will steer a way forward?



This week Russia announced it would postpone multilateral peace talks with the Taliban, originally scheduled for September 4 in Moscow. The announcement was a delayed embrace of common sense, considering the meeting could do little to bring about peace in Afghanistan.

Both the Afghan and US governments had refused to attend. The Indians, wary of sitting at the same table as the Taliban without the Afghan government, were pondering a lower level of representation. For a process meant to seed peace, the Moscow talks were remarkably fractious before they even happened.

That they have been called off and no new date set underscores the growing sense of international inertia over Afghanistan. There are no specific plans in the works for negotiation with the Taliban and an end to the long-running conflict. Afghan president Ashraf Ghani has offered talks without preconditions but Taliban leader Mullah Haibatullah Akhundzada recently repudiated this harshly. Calling Mr Ghani's administration a "corrupt regime" and a "puppet", he demanded direct talks with the US to end the foreign "occupation" of Afghanistan.

After a brief ceasefire over Eid Al Fitr in June – the Taliban’s first ever – the US held secret talks with the insurgent group in Qatar. But that conversation doesn’t seem to have been engaging enough for the parties to want to do it again in a hurry.

All of this adds up to a dismal sense of drift. There appears to be no coherent policy on the way forward, not just in Kabul, but from the other players in Afghanistan – Washington, Islamabad, Beijing, Tehran, New Delhi and Moscow.

The Russians are a relatively recent addition to the crowded picture of power-brokers and potential peace negotiators. Russia is not particularly loved in Afghanistan, which has memories of the Soviet decade of intervention from December 1979. And yet it is Moscow that seems the most proactive, offering ideas that mostly go nowhere.

There seems to be no clear path ahead. After 17 years, the US-led war appears doomed to a never-ending cycle of training, advising and assisting Afghan forces so they might one day, perhaps, defend themselves and their country. But just how grinding – and endless – it might be was grimly apparent on August 11.

The Taliban laid siege to Ghazni, a city barely 100 miles from the capital Kabul. They cut off access to a key highway and engaged the Afghans and their American helpers in a fierce five-day fight before being forced out. The Afghan forces were woefully unprepared. But for the Americans, the Taliban would have seized control of an Afghan provincial capital for the first time since 2015.

But how long can the US realistically expect to be in Afghanistan? Last week marked one year of Donald Trump’s new strategy for American engagement in the country. There was no end point, he said when he announced his strategy, but “no blank cheque” either. “Nation-building” was over, he added, declaring that “from now on, victory will have a clear definition”.

He then proceeded to spell out his notion of victory. It would be about “attacking our enemies, obliterating ISIS, crushing Al Qaeda, preventing the Taliban from taking over Afghanistan and stopping mass terror attacks against America before they emerge".

Only the first and last items on that ambitious laundry list are manifestly and consistently in focus. The move to "obliterate" ISIS in Afghanistan, or ISIS-K, also continues fitfully, although the weekend saw a key triumph when its leader Saad Arhabi was killed in a US airstrike in the eastern province of Nangarhar.

Overall though, the gains on the ground have been pitiful. As has been the dirge with every successive year since the US operation of 2001, the Taliban now controls more territory in Afghanistan than at any point since it was ousted. From January to July of this year, there were 1,692 civilian deaths, according to the UN Assistance Mission in Afghanistan, a higher casualty rate than in any comparable period since record-keeping began a decade ago.

Faced with these demoralising metrics, the Afghan and American governments have offered strategy-lite, a fuzzy distillation of the news of the day without a big picture assessment or any realisable vision for the future.

Right now, the only reasonable certainties are stark. The US wants to exit Afghanistan as quickly and decently as possible. The Taliban are increasingly globetrotting (to Uzbekistan, Indonesia and Russia) in their search for support. The Afghan government knows a foreign presence is not a solid foundation for nation-building but is fearful of the consequences of US withdrawal.

In theory, an immutable imperfect pattern should be an impetus to change, which would be the only way to work towards some form of perfection. Unfortunately, that’s not in evidence in Afghanistan.

RESULTS

 

Catchweight 63.5kg: Shakriyor Juraev (UZB) beat Bahez Khoshnaw (IRQ). Round 3 TKO (body kick)

Lightweight: Nart Abida (JOR) beat Moussa Salih (MAR). Round 1 by rear naked choke

Catchweight 79kg: Laid Zerhouni (ALG) beat Ahmed Saeb (IRQ). Round 1 TKO (punches)

Catchweight 58kg: Omar Al Hussaini (UAE) beat Mohamed Sahabdeen (SLA) Round 1 rear naked choke

Flyweight: Lina Fayyad (JOR) beat Sophia Haddouche (ALG) Round 2 TKO (ground and pound)

Catchweight 80kg: Badreddine Diani (MAR) beat Sofiane Aïssaoui (ALG) Round 2 TKO

Flyweight: Sabriye Sengul (TUR) beat Mona Ftouhi (TUN). Unanimous decision

Middleweight: Kher Khalifa Eshoushan (LIB) beat Essa Basem (JOR). Round 1 rear naked choke

Heavyweight: Mohamed Jumaa (SUD) beat Hassen Rahat (MAR). Round 1 TKO (ground and pound)

Lightweight: Abdullah Mohammad Ali Musalim (UAE beat Omar Emad (EGY). Round 1 triangle choke

Catchweight 62kg: Ali Taleb (IRQ) beat Mohamed El Mesbahi (MAR). Round 2 KO

Catchweight 88kg: Mohamad Osseili (LEB) beat Samir Zaidi (COM). Unanimous decision

The specs: 2018 Nissan Patrol Nismo

Price: base / as tested: Dh382,000

Engine: 5.6-litre V8

Gearbox: Seven-speed automatic

Power: 428hp @ 5,800rpm

Torque: 560Nm @ 3,600rpm

Fuel economy, combined: 12.7L / 100km

 


 

The biog

Favourite food: Fish and seafood

Favourite hobby: Socialising with friends

Favourite quote: You only get out what you put in!

Favourite country to visit: Italy

Favourite film: Lock Stock and Two Smoking Barrels.

Family: We all have one!

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

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.”

David Haye record

Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

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Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

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