Facebook founder Mark Zuckerberg and his wife, Priscilla Chan have a new lofty goal: to cure, manage or eradicate all disease by the end of this century. Jeff Chiu / AP Photo
Facebook founder Mark Zuckerberg and his wife, Priscilla Chan have a new lofty goal: to cure, manage or eradicate all disease by the end of this century. Jeff Chiu / AP Photo

The UN should focus on health



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.

 

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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
The%20specs
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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

Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum

Rating: 4/5

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

Price: From Dh2,099

Joker: Folie a Deux

Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson

Director: Todd Phillips 

Rating: 2/5

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

The Two Popes

Director: Fernando Meirelles

Stars: Anthony Hopkins, Jonathan Pryce 

Four out of five stars

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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

Transmission: Four-speed auto

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.

ANATOMY%20OF%20A%20FALL
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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