Last week, we noted on these pages that the United Nations is struggling to fulfil its mandate to achieve peaceful solutions to the world’s conflicts. It is routine for powerful countries to say one thing in the international body and do another. The Syrian crisis is one example of how the UN is undermined by member countries and thus has difficulty implementing lasting solutions.
There are, however, several programmes that the United Nations has administered well over the years. The World Health Organisation, for example, has taken the fight against disease to remote regions of the planet. Such programmes should be the future of the UN, as it has a proven track record of good results. Instead of being a vessel for hollow rhetoric, the UN should continue to make a real difference when it comes to global health challenges.
During this year’s General Assembly, which is taking place now in New York, the world body is devoting significant time to the threat of “antimicrobial resistance” or super bugs. This is only the fourth time that the General Assembly has addressed a health issue after simiar summits on HIV, ebola and non-communicable disease. As more and more people move to urban areas and our world becomes ever more connected, global health issues will be among the most daunting challenges that we all face. The United Nations is well positioned to address these challenges and find solutions.
There might be an unlikely source of capital to fund new health programmes and expand the UN’s reach. Last week, Facebook founder Mark Zuckerberg announced a $3 billion (Dh11bn) initiative to fight disease. Mr Zuckerberg’s project joins the Bill and Melinda Gates Foundation as another health focused initiative endowed with money from the techsector.
The direction of travel is clear. As Silicon Valley entrepreneurs continue to earn large amounts of money, they will be more interested in donating their wealth to fight disease. With the UN’s proven track record and global reach, marrying this capital with the UN’s mandate will produce incredible results for the planet.
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How does ToTok work?
The calling app is available to download on Google Play and Apple App Store
To successfully install ToTok, users are asked to enter their phone number and then create a nickname.
The app then gives users the option add their existing phone contacts, allowing them to immediately contact people also using the application by video or voice call or via message.
Users can also invite other contacts to download ToTok to allow them to make contact through the app.
No%20Windmills%20in%20Basra
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The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
Points to remember
- Debate the issue, don't attack the person
- Build the relationship and dialogue by seeking to find common ground
- Express passion for the issue but be aware of when you're losing control or when there's anger. If there is, pause and take some time out.
- Listen actively without interrupting
- Avoid assumptions, seek understanding, ask questions
Thank You for Banking with Us
Director: Laila Abbas
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APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
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Sarfira
Director: Sudha Kongara Prasad
Starring: Akshay Kumar, Radhika Madan, Paresh Rawal
Rating: 2/5
The specs: 2018 Kia Picanto
Price: From Dh39,500
Engine: 1.2L inline four-cylinder
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Power: 86hp @ 6,000rpm
Torque: 122Nm @ 4,000rpm
Fuel economy, combined: 6.0L / 100km
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
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Company profile
Company: Rent Your Wardrobe
Date started: May 2021
Founder: Mamta Arora
Based: Dubai
Sector: Clothes rental subscription
Stage: Bootstrapped, self-funded