Legislator Oleg Barna removes prime minister Arseny Yatseniuk from the tribune, after presenting him a bouquet of roses, during the parliament session in Kiev. Valentyn Ogirenko / Reuters
Legislator Oleg Barna removes prime minister Arseny Yatseniuk from the tribune, after presenting him a bouquet of roses, during the parliament session in Kiev. Valentyn Ogirenko / Reuters
Legislator Oleg Barna removes prime minister Arseny Yatseniuk from the tribune, after presenting him a bouquet of roses, during the parliament session in Kiev. Valentyn Ogirenko / Reuters
Legislator Oleg Barna removes prime minister Arseny Yatseniuk from the tribune, after presenting him a bouquet of roses, during the parliament session in Kiev. Valentyn Ogirenko / Reuters

Only extremism wins when politicians behave badly


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  • Arabic

Dialogue. Debate. Voting. The power of example. These are some of the critical tools we have in persuading others of the virtues of the rule of law and of governance based on consent, and why we think that extremists who violently impose their will on others are wrong, however they justify their coercion.

But on occasions we fail very badly to meet the standards we urge others to adopt. Last Friday, the Ukrainian prime minister Arseniy Yatsenyuk was addressing parliament when an MP picked him up and tried to remove him from the podium (Mr Yatsenyuk clung on with one hand while being hoisted in the air), causing a full blown fistfight to erupt.

It is not the first brawl to take place in the Kiev assembly, nor is it the only one whose proceedings have been marred by pugilism: legislatures in Nigeria, South Korea, Taiwan, Mexico and several Indian states, amongst others, have all witnessed outbreaks of violence among members.

It has to be conceded that at first mention, the incongruity of a schoolyard-type scuffle taking place in such a serious setting may seem humorous. But then consider this: also in the last week, Rodrigo Duterte, the frontrunner in the Philippines’ presidential race, has admitted shooting dead at least three suspected criminals.

He has boasted before that there would be plenty more extra-judicial killings if he were elected. Human rights groups are dismayed, but it only seems to boost the city mayor’s “tough guy” image.

Filipinos are not alone in apparently regarding the rule of law as having get-out clauses. According to a survey conducted by the US political scientist Nathan Kalmoe, between 5 and 14 per cent of Americans agree with statements such as “when politicians are damaging the country, citizens should send threats to scare them straight”, and, “some of the problems citizens have with government could be fixed with a few well-aimed bullets”.

On top of that, “10 to 18 per cent expressed indifference about violence in politics.” Add those figures together, says Kalmoe, and “this implies that millions of ordinary Americans endorse the general idea of violence in politics”.All these instances are nothing to do with struggles for freedom, or against oppressive minority rule or tyranny. They are in properly constituted states with legitimate, functioning institutions.

It should, one would have thought, be assumed that there is universal agreement with the words US attorney general Loretta Lynch used to condemn the recent San Bernadino killings: “Violence like this has no place in this country. This is not what we stand for, this is not what we do.”

But some violence apparently is acceptable: even though, from fisticuffs in the Ukrainian parliament, to shooting suspects in the Philippines, to drone strikes on US and UK citizens such as Anwar Al Awlaki and Reyaad Khan – who were both linked to terrorist activities but were never tried and convicted of anything – it is nearly always illegal.

This is yet another example of the West preaching that international laws must apply equally and to all – and then giving or allowing itself exemptions. This not only fatally undermines its claims to universality, but also makes it look hypocritical and self-interested.

As Rami Khoury of the American University of Beirut puts it: “If the rule of law exempts powerful states or individuals that commit criminal deeds, we should not expect many people to respond to discussions about peace and justice. That is especially true when these are initiated by democracies whose policies continue to trample on the rule of law in their own lands and abroad.”

All of this matters because the fight against extremism concerns us all and has been universalised by new media.

When researching their book Southeast Asia and the Road to Global Peace with Islam, the veteran journalist Lewis Simmons and former US senator Kit Bond found that after televisions – and thus rolling news channels – were introduced in villages in the southern Philippines, local Muslims identified far more strongly with the struggle of the Palestinians, but were also more likely to perceive Islam in general as being threatened or persecuted by the United States and its allies.

Similarly, in the internet age, both those same people and others all around the world can be persuaded that talk of the rule of law is empty when a presidential contender can boast of killing people and not be instantly arrested.

The merits of electing representatives to debate and vote on a country’s future look equally slim when they are filmed beating each other up – especially when they happen with such regularity that one magazine headlined the latest incident “Brawls in Ukraine’s Parliament are Almost as Good as Hockey Fights”.

And this is why these instances, and all the other occasions when double standards appear to apply, cannot be brushed off. If we wish to argue that a rules-bound, orderly politics with space for debate and in which all are treated the same is superior to the cruel certainties of those who behead, enslave and deny personal choice, then the way politicians behave and the standards they are held to matter very much indeed.

A Donald Trump displaying a cavalier disregard for the facts, celebrating his ignorance and insulting almost everyone he can, is bad enough. Politicians slugging one another in the parliamentary chamber is worse. And as for possible leaders getting away with murder, well, that couldn’t happen in a western-allied democracy, could it? In the Philippines, it would seem, it just has. What a gift for extremists the world over.

Sholto Byrnes is a senior fellow at the Institute for Strategic and International Studies, Malaysia

North Pole stats

Distance covered: 160km

Temperature: -40°C

Weight of equipment: 45kg

Altitude (metres above sea level): 0

Terrain: Ice rock

South Pole stats

Distance covered: 130km

Temperature: -50°C

Weight of equipment: 50kg

Altitude (metres above sea level): 3,300

Terrain: Flat ice
 

Indoor cricket in a nutshell

Indoor cricket in a nutshell
Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

16 Indoor cricket matches are 16 overs per side
8 There are eight players per team
9 There have been nine Indoor Cricket World Cups for men. Australia have won every one.
5 Five runs are deducted from the score when a wickets falls
4 Batsmen bat in pairs, facing four overs per partnership

Scoring In indoor cricket, runs are scored by way of both physical and bonus runs. Physical runs are scored by both batsmen completing a run from one crease to the other. Bonus runs are scored when the ball hits a net in different zones, but only when at least one physical run is score.

Zones

A Front net, behind the striker and wicketkeeper: 0 runs
B Side nets, between the striker and halfway down the pitch: 1 run
C Side nets between halfway and the bowlers end: 2 runs
D Back net: 4 runs on the bounce, 6 runs on the full

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.”

Packages which the US Secret Service said contained possible explosive devices were sent to:

  • Former first lady Hillary Clinton
  • Former US president Barack Obama
  • Philanthropist and businessman George Soros
  • Former CIA director John Brennan at CNN's New York bureau
  • Former Attorney General Eric Holder (delivered to former DNC chair Debbie Wasserman Schultz)
  • California Congresswoman Maxine Waters (two devices)
FFP EXPLAINED

What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.

What the rules dictate? 
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.

What are the penalties? 
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer