Smoke rises above opposition held areas of the city of Deraa during air strikes by Syrian regime forces. AFP
Smoke rises above opposition held areas of the city of Deraa during air strikes by Syrian regime forces. AFP
Smoke rises above opposition held areas of the city of Deraa during air strikes by Syrian regime forces. AFP
Smoke rises above opposition held areas of the city of Deraa during air strikes by Syrian regime forces. AFP


Assad's siege of Deraa will complicate Syrian peace efforts


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August 26, 2021

A decade ago, the Syrian city of Deraa became known to the outside world as the birthplace of the uprising demanding greater opportunity, equality and freedoms. That revolt was a pivotal moment in sparking the civil war that has since resulted in approximately half a million deaths.

Although Deraa province, of which the city is part, was handed back to the regime of Syrian President Bashar Al Assad as part of a truce deal in 2018, some of its areas have remained hubs for rebel fighters. The two sides have escalated clashes since July, leading to the intensification of Russian efforts to mediate a ceasefire. The Syrian regime, with the help of Iran-sponsored militias, undertook a major assault at the start of the week on an opposition enclave in Deraa city. By Tuesday night, with Russian help, both sides reached a deal that saw a ceasefire and the transfer of opposition fighters by bus to rebel-held territory in the north, where an explosion occurred at an opposition base earlier in the day.

The stop-start nature of efforts to bring Syria’s war to a close results in constant uncertainty about the country’s political future. The UN’s Syria envoy, Geir Pedersen, told the Security Council on Tuesday that some of the gains made in the past year and a half, a period of relative calm in the country, risk being lost by recent clashes in Deraa and elsewhere in Syria.

“The conflict in Syria is far from over,” Mr Pedersen reminded the UN.

Syrian President Bashar Al Assad receives Faleh Fayyad, chairman of Iraq's Popular Mobilisation Forces, in Damascus. AFP
Syrian President Bashar Al Assad receives Faleh Fayyad, chairman of Iraq's Popular Mobilisation Forces, in Damascus. AFP

At the same time, the amount of global attention the war has received has only decreased. Much of this is the result of the momentum picked up by the regime in recent years. Moscow has also used its veto power at the Security Council to prevent any co-ordinated action against Damascus by the international community.

International support for rebel groups has faded; most of their military support now comes from Turkey, and the most powerful groups left have their roots in extremist militancy. Rebel-held territories have been reduced to isolated pockets, mainly near the Turkish border, and the tide is unlikely to turn. Their fighters are growing fatigued, and so is the news cycle that previously rallied so many to their cause.

Even as Mr Pedersen addressed the Security Council on Tuesday, the world’s camera lenses were trained firmly on the dramatic events unfolding in Afghanistan. Mr Pedersen lamented before the Council that his job was “not easy”, especially considering the “lack of trust and of political will” between the Syrian government, opposition groups and regional powers.

The Syrian regime and its allies undoubtedly have the advantage – they hold most of the country and have superior capabilities in the air and on the ground. Prolonged political stalemates are exactly the kind of situation they have exploited to get to where they are now. While the new ceasefire in Deraa is a positive step, it ultimately reconcentrates the fight back to the north, where the regime believes it is only a matter of time before it succeeds. With the world’s gaze shifted elsewhere, they have even less incentive to think otherwise, and Mr Pedersen’s job will only become harder.

The specs

Engine: 6.2-litre supercharged V8

Power: 712hp at 6,100rpm

Torque: 881Nm at 4,800rpm

Transmission: 8-speed auto

Fuel consumption: 19.6 l/100km

Price: Dh380,000

On sale: now 

The bio

His favourite book - 1984 by George Orwell

His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard

Favourite place to travel to - Peloponnese, Southern Greece

Favourite movie - The Last Emperor

Favourite personality from history - Alexander the Great

Role Model - My father, Yiannis Davos

 

 

THE BIO

Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.

Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.

Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.

Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.

 

 

Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

The biog

Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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.

Kat Wightman's tips on how to create zones in large spaces

 

  • Area carpets or rugs are the easiest way to segregate spaces while also unifying them.
  • Lighting can help define areas. Try pendant lighting over dining tables, and side and floor lamps in living areas.
  • Keep the colour palette the same in a room, but combine different tones and textures in different zone. A common accent colour dotted throughout the space brings it together.
  • Don’t be afraid to use furniture to break up the space. For example, if you have a sofa placed in the middle of the room, a console unit behind it will give good punctuation.
  • Use a considered collection of prints and artworks that work together to form a cohesive journey.
The biog

Name: Marie Byrne

Nationality: Irish

Favourite film: The Shawshank Redemption

Book: Seagull by Jonathan Livingston

Life lesson: A person is not old until regret takes the place of their dreams

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Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
About Krews

Founder: Ahmed Al Qubaisi

Based: Abu Dhabi

Founded: January 2019

Number of employees: 10

Sector: Technology/Social media 

Funding to date: Estimated $300,000 from Hub71 in-kind support

 

RESULT

Copa del Rey, semi-final second leg

Real Madrid 0
Barcelona 3 (Suarez (50', 73' pen), Varane (69' OG)

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

Updated: August 26, 2021, 1:00 AM