I write to you in reference to Anam Rizvi's article Small steps can decrease the UAE's food waste, experts say (October 16). According to a report I read recently, about 40 per cent of food is wasted in Pakistan. Wastage occurs at various points of the supply chain, including production, post-harvest handling, agro-processing, distribution and consumption.
Wastage is typically common at weddings where people get to taste a variety of dishes for free and for the first time in their lives. However, they are unable to finish their food because there is so much on their plates. This is shameful and quite unlike how people eat in hotels or restaurants where they usually order according to requirement and avoid wastage because they buy their own food.
When there is extra food, people should not waste it. Rather, they should give it away, to the poor and the hungry.
Ashfaq Sharif, Karachi
British royals should lose their privileges if they don’t want fame
In reference to the article Britain's Prince William worried about brother Harry after TV interview (October 22): Prince Harry and Meghan Markle should step out of their royal world and give up all related privileges.
They should stop travelling the world on the taxpayer’s tab and instead go to work if they feel so annoyed and if it is such a struggle to live the royal life.
Name withheld on request
Diwali is a great time to cherish loved ones – and eat sweets
I write to you in reference to Nyree McFarlane's article Diwali: 31 striking photos of early celebrations and preparations around the world (October 21). We all need time to enjoy our festivals and cherish our loved ones. The last time I played with firecrackers was when I was in high school. As a child, I used to love celebrating Diwali with my neighbours. We used to run in the corridors of our apartment building bursting crackers and wishing everyone a happy Diwali. Friends would stop by with boxes of sweets. Everyone would be dressed in new clothes, the women in brilliant silks. Times have changed but it's nice to see some customs and traditions still alive.
Mathew Litty, Dubai
Company%20Profile
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The UN General Assembly President in quotes:
YEMEN: “The developments we have seen are promising. We really hope that the parties are going to respect the agreed ceasefire. I think that the sense of really having the political will to have a peace process is vital. There is a little bit of hope and the role that the UN has played is very important.”
PALESTINE: “There is no easy fix. We need to find the political will and comply with the resolutions that we have agreed upon.”
OMAN: “It is a very important country in our system. They have a very important role to play in terms of the balance and peace process of that particular part of the world, in that their position is neutral. That is why it is very important to have a dialogue with the Omani authorities.”
REFORM OF THE SECURITY COUNCIL: “This is complicated and it requires time. It is dependent on the effort that members want to put into the process. It is a process that has been going on for 25 years. That process is slow but the issue is huge. I really hope we will see some progress during my tenure.”
Company%20Profile
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Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
Charlotte Gainsbourg
Rest
(Because Music)
