The highly anticipated testimony by special counsel Robert Mueller, at two hearings on Wednesday, established no new facts and changed almost no minds about Donald Trump's conduct. It greatly bolstered the position of the Democratic Party leadership that a drive to impeach Mr Trump now would be a mistake and that the focus should be on the 2020 election.
Mr Trump crowed with victory, but he clearly was not a winner. Mr Mueller confirmed a litany of damning facts, most notably that Russia systematically interfered with the 2016 election on behalf of Mr Trump, and that he welcomed this intervention, then lied about it, including under oath. And he dismissed Mr Trump’s claims of “complete exoneration, suggesting he could be prosecuted after leaving office.
Anyone backing impeachment was obviously a big loser. Inexplicably, some hoped for a blockbuster "made-for-TV" moment that would suddenly and powerfully dramatise the president's misdeeds for the public.
They were never going to get that.
Mr Mueller practically begged Congress not to make him testify, insisting that he would not go further than confirming what was in his report. True to his word, he refused to offer anything that might contribute to a partisan agenda on either side, generally restricted himself to yes or no answers, and simply reiterated that everything in his report was accurate.
This was widely viewed as a bumbling and incompetent performance. But, whatever its flaws, it was true to his stated intention to remain an impartial and thoroughly professional prosecutor. He did not breathe life into his report as many had hoped. But Mr Mueller had made it clear long in advance that he did not consider that his role, and he refused to change his mind.
The big winner clearly was House Speaker Nancy Pelosi, who has been restraining her overzealous colleagues, including Judiciary Committee chairman Jerry Nadler, from launching formal impeachment hearings against Mr Trump.
Even if a more effusive performance by Mr Mueller would not have convinced much of the public or any Republican lawmakers to back such an inquiry, it might have intensified pressure on Democratic leaders to charge in this quixotic direction.
In the event, Ms Pelosi, Intelligence Committee chairman Adam Schiff and other key Democrats claimed vindication for caution about impeachment and focusing on the upcoming election.
Moreover, impeachment proponents are simply running out of time before the next election.
Ms Pelosi and her allies generally rely on two arguments against an immediate impeachment inquiry: that most of the public, including most Democrats, don't yet support it, and that there is no Republican support either, meaning that any impeachment would result in an acquittal in the Republican-controlled Senate.
These are good arguments, but the idea that there is insufficient public support could be countered by noting that, without an impeachment inquiry, the public will not have heard the facts yet. There was little public support for the impeachment inquiry regarding Richard Nixon until that brought out the details of his corruption.
The strongest case, though, against impeachment is only whispered, and centres on the fact that no one can be confident Mr Trump will not be re-elected next year.
Imagine Mr Trump impeached, acquitted and then re-elected. The only real obstacle before him at that point would be a four-year term limit. Other than that, it might be a terrifying new version of Mr Trump, thoroughly unrestrained.
It's not a coincidence that both of the serious impeachment efforts In the past century, against Nixon and Bill Clinton, occurred in their second terms.
If Mr Trump is re-elected, and there is still a Democratic majority in the House, which appears likely, then a thoroughgoing set of impeachment-related hearings might make sense.
Even if there is a Republican Senate, if the facts uncovered are grave enough, it could shift opinion, as happened with Nixon.
However, until then it would be madness to squander the potential for an impeachment push when it is likely to fail and when Mr Trump could well be defeated at the polls.
Far wiser to keep that powder dry for a second, and far more ominous, Trump term.
Now, centrist Democrats will have to prevent their party’s most left-wing members from dragging the presidential nominee too far in their political direction on two key issues that Mr. Trump hopes to exploit for re-election.
He wants to campaign on race, and is using immigration as a proxy for white communal interests. Most Americans still favour immigration and are appalled by his brutal tactics, such as separating children from their parents. They want humane and fair border security.
But some Democrats are overreacting by threatening to abolish immigration agencies and giving the impression that they favour open borders. The party as a whole certainly doesn't, and has just approved almost $5 billion MORE for border security.
It is essential that the Democratic candidate does not appear to be an extremist polar opposite of Mr Trump on immigration. Balance is vital.
Similarly, the push for universal healthcare coverage is crucial, but proposing that all private insurance policies will be eliminated by a comprehensive single-payer system will not play well.
By adopting moderate positions on immigration and healthcare, and abandoning immediate impeachment, Democrats will be well positioned for 2020.
The Mueller hearings have been extremely helpful in focusing them on their real task.
Hussein Ibish is a senior resident scholar at the Arab Gulf States Institute in Washington
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
In numbers: China in Dubai
The number of Chinese people living in Dubai: An estimated 200,000
Number of Chinese people in International City: Almost 50,000
Daily visitors to Dragon Mart in 2018/19: 120,000
Daily visitors to Dragon Mart in 2010: 20,000
Percentage increase in visitors in eight years: 500 per cent
KILLING OF QASSEM SULEIMANI
'Of Love & War'
Lynsey Addario, Penguin Press
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
UAE currency: the story behind the money in your pockets
Credit Score explained
What is a credit score?
In the UAE your credit score is a number generated by the Al Etihad Credit Bureau (AECB), which represents your credit worthiness – in other words, your risk of defaulting on any debt repayments. In this country, the number is between 300 and 900. A low score indicates a higher risk of default, while a high score indicates you are a lower risk.
Why is it important?
Financial institutions will use it to decide whether or not you are a credit risk. Those with better scores may also receive preferential interest rates or terms on products such as loans, credit cards and mortgages.
How is it calculated?
The AECB collects information on your payment behaviour from banks as well as utilitiy and telecoms providers.
How can I improve my score?
By paying your bills on time and not missing any repayments, particularly your loan, credit card and mortgage payments. It is also wise to limit the number of credit card and loan applications you make and to reduce your outstanding balances.
How do I know if my score is low or high?
By checking it. Visit one of AECB’s Customer Happiness Centres with an original and valid Emirates ID, passport copy and valid email address. Liv. customers can also access the score directly from the banking app.
How much does it cost?
A credit report costs Dh100 while a report with the score included costs Dh150. Those only wanting the credit score pay Dh60. VAT is payable on top.
Wicked
Director: Jon M Chu
Stars: Cynthia Erivo, Ariana Grande, Jonathan Bailey
More from Neighbourhood Watch:
Key recommendations
- Fewer criminals put behind bars and more to serve sentences in the community, with short sentences scrapped and many inmates released earlier.
- Greater use of curfews and exclusion zones to deliver tougher supervision than ever on criminals.
- Explore wider powers for judges to punish offenders by blocking them from attending football matches, banning them from driving or travelling abroad through an expansion of ‘ancillary orders’.
- More Intensive Supervision Courts to tackle the root causes of crime such as alcohol and drug abuse – forcing repeat offenders to take part in tough treatment programmes or face prison.
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
Mohammed bin Zayed Majlis
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.
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.”
Company%20profile%20
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EElggo%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20August%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Luma%20Makari%20and%20Mirna%20Mneimneh%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Education%20technology%20%2F%20health%20technology%3Cbr%3E%3Cstrong%3ESize%3A%3C%2Fstrong%3E%20Four%20employees%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-seed%3C%2Fp%3E%0A
RESULTS
6.30pm: Handicap (TB) $68,000 (Dirt) 1,600m
Winner: Hypothetical, Mickael Barzalona (jockey), Salem bin Ghadayer (trainer)
7.05pm: Meydan Sprint – Group 2 (TB) $163,000 (Turf) 1,000m
Winner: Equilateral, Andrea Atzeni, Charles Hills
7.40pm: Curlin Stakes – Listed Handicap (TB) $88,000 (D) 2,200m
Winner: New Trails, Fernando Jara, Ahmad bin Harmash
8.15pm: UAE Oaks – Group 3 (TB) $125,000 (D) 1,900m
Winner: Mnasek, Pat Dobbs, Doug Watson
8.50pm: Zabeel Mile – Group 2 (TB) $163,000 (T) 1,600m
Winner: D’bai, William Buick, Charlie Appleby
9.25pm: Balanchine – Group 2 (TB) $163,000 (T) 1,800m
Winner: Summer Romance, James Doyle, Charlie Appleby
10pm: Al Shindagha Sprint – Group 3 (TB) $130,000 (D) 1,200m
Winner: Al Tariq, Pat Dobbs, Doug Watson
Greatest Royal Rumble results
John Cena pinned Triple H in a singles match
Cedric Alexander retained the WWE Cruiserweight title against Kalisto
Matt Hardy and Bray Wyatt win the Raw Tag Team titles against Cesaro and Sheamus
Jeff Hardy retained the United States title against Jinder Mahal
Bludgeon Brothers retain the SmackDown Tag Team titles against the Usos
Seth Rollins retains the Intercontinental title against The Miz, Finn Balor and Samoa Joe
AJ Styles remains WWE World Heavyweight champion after he and Shinsuke Nakamura are both counted out
The Undertaker beats Rusev in a casket match
Brock Lesnar retains the WWE Universal title against Roman Reigns in a steel cage match
Braun Strowman won the 50-man Royal Rumble by eliminating Big Cass last