A rebel fighter reacts during an airstrike in Ras Lanuf, March 7, 2011.
 Government forces struck at rebels in Libya's east and were reported attacking a town near Tripoli on Monday as concern grew over civilian suffering and a growing refugee exodus. 
   REUTERS/Goran Tomasevic (LIBYA - Tags: POLITICS CIVIL UNREST IMAGES OF THE DAY) *** Local Caption ***  GOT09_LIBYA_0307_11.JPG
A rebel fighter looks on as government air strikes hit targets in Ras Lanuf.

GCC wants no-fly zone over Libya



ABU DHABI // The Gulf states last night threw their weight behind the idea of a no-fly zone over Libya, as they took a tougher line against what they termed human rights violations by Col Muammar Qaddafi's regime.

"The ministerial council demands that the Security Council take the steps necessary to protect civilians, including a no-fly zone in Libya," the Gulf's foreign ministers said in a joint statement late last night after a meeting at the Emirates Palace hotel.

Calls for the imposition of a no-fly zone to protect rebels from bombing raids by Col Qaddafi's military have been gathering pace in recent days.

Gulf officials expressed growing frustration with Col Qaddafi's violent repression of rebels calling for an end to his four decades of rule, saying Libyan authorities have rejected humanitarian aid from the Gulf and refused to distribute it to its citizens.

An aid package to Bahrain and Oman - Gulf states that have experienced local unrest - is under discussion and could be finalised as early as Thursday, officials also said.

They called on the Arab League to convene an emergency meeting to discuss the Libyan crisis.

Sheikh Abdullah bin Zayed, the UAE's Minister of Foreign Affairs, speaking at a press conference after the meeting, said: "What is happening in Libya is painful and aggravating to every human being."

He spoke of the plight of refugees stranded near Libya's borders, and the need to deliver humanitarian and medical aid to people affected by the crisis, saying Gulf countries were trying their best to deliver aid.

While the UAE and Turkey have launched such a programme, Sheikh Abdullah said there had been attempts for over a week to deliver aid to the Libyan people, but Col Qaddafi's regime had refused the supplies.

"We have faced absolute refusal from Libyan authorities on receiving and delivering this aid to those with a desperate need for it," said Sheikh Abdullah.

"The Libyan situation is not only that there are military operations against civilians, but there is also deprivation of aid to these civilians," he added.

The Gulf ministers condemned "the crimes committed against civilians using heavy weaponry and live ammunition" as well as Col Qaddafi's employment of foreign mercenaries against his people.

This constituted a "dangerous violation of human rights and international law", the ministers said.

They called on the Libyan regime to "immediately halt the use of force against civilians", ease the passage of humanitarian aid and "accomplish the aspirations of the brotherly people of Libya".

In opening remarks at the meeting, the GCC's secretary general called the regime's actions in Libya a crime against humanity.

The unrest in Bahrain and Oman, where protester demands ranged from a move towards constitutional monarchy to better employment opportunities and fighting corruption, took centre stage at the meeting, with public expressions of support for the leadership in the two countries.

The foreign ministers will convene again for a follow-up meeting on Thursday in Riyadh.

Bahrain's foreign minister said in an interview after the meeting that he expected the details of a GCC aid package to Bahrain and Oman to be finalised there.

"We haven't finalised our work and it will be announced properly in Riyadh on Thursday," said Sheikh Khalid al Khalifa. "Whatever Bahrain needs and the people of Bahrain need will be addressed by the rest of our group."

He said the aid package would deal with issues pertaining to the "livelihood of our citizens" and will "answer the needs of our people", but declined to go into specifics.

Sheikh Khalid also expressed optimism regarding the prospects of national dialogue with opposition protesters in his country led by Crown Prince Salman bin Hamad al Khalifa.

He said dialogue was likely to begin by the end of this week or early next week.

"We are used to dialogue," he said. "We are not used to fighting each other, so dialogue is the way forward and we are optimistic that it will happen."

"There is no doubt that the role of the neighbours is paramount for our stability," said Sheikh Khalid when asked about the role of Bahrain's neighbours in supporting the reform efforts.

Oman fired 12 cabinet ministers on Monday, and its foreign minister, Yusuf bin Alawi, said that was the beginning of a reform effort. He also said the Sultanate could afford to rely less on foreign labour - a step that would mean more employment opportunities for Omani citizens.

At the press conference, Sheikh Abdullah also said the UAE would not respond to a proposal in the Iranian parliament to downgrade relations with the UAE over alleged mistreatment of Iranians and dissatisfaction with some of the UAE's political positions.

"We haven't got an official response or a position from the Iranian side regarding this matter," said Sheikh Abdullah.

"Obviously in any legislative body you always have views and counter-views which we respect," he said. "But as long as it's not a government position I think it's just right for us not to respond to."

kshaheen@thenational.ae

Venue: Sharjah Cricket Stadium

Date: Sunday, November 25

The rules of the road keeping cyclists safe

Cyclists must wear a helmet, arm and knee pads

Have a white front-light and a back red-light on their bike

They must place a number plate with reflective light to the back of the bike to alert road-users

Avoid carrying weights that could cause the bike to lose balance

They must cycle on designated lanes and areas and ride safe on pavements to avoid bumping into pedestrians

MATCH INFO

What: Brazil v South Korea
When: Tonight, 5.30pm
Where: Mohamed bin Zayed Stadium, Abu Dhabi
Tickets: www.ticketmaster.ae

How Voiss turns words to speech

The device has a screen reader or software that monitors what happens on the screen

The screen reader sends the text to the speech synthesiser

This converts to audio whatever it receives from screen reader, so the person can hear what is happening on the screen

A VOISS computer costs between $200 and $250 depending on memory card capacity that ranges from 32GB to 128GB

The speech synthesisers VOISS develops are free

Subsequent computer versions will include improvements such as wireless keyboards

Arabic voice in affordable talking computer to be added next year to English, Portuguese, and Spanish synthesiser

Partnerships planned during Expo 2020 Dubai to add more languages

At least 2.2 billion people globally have a vision impairment or blindness

More than 90 per cent live in developing countries

The Long-term aim of VOISS to reach the technology to people in poor countries with workshops that teach them to build their own device

Jebel Ali Dragons 26 Bahrain 23

Dragons
Tries: Hayes, Richards, Cooper
Cons: Love
Pens: Love 3

Bahrain
Tries: Kenny, Crombie, Tantoh
Cons: Phillips
Pens: Phillips 2

EMILY IN PARIS: SEASON 3

Created by: Darren Star

Starring: Lily Collins, Philippine Leroy-Beaulieu, Ashley Park

Rating: 2.75/5

Company profile

Company name: Fasset
Started: 2019
Founders: Mohammad Raafi Hossain, Daniel Ahmed
Based: Dubai
Sector: FinTech
Initial investment: $2.45 million
Current number of staff: 86
Investment stage: Pre-series B
Investors: Investcorp, Liberty City Ventures, Fatima Gobi Ventures, Primal Capital, Wealthwell Ventures, FHS Capital, VN2 Capital, local family offices

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Start-up hopes to end Japan's love affair with cash

Across most of Asia, people pay for taxi rides, restaurant meals and merchandise with smartphone-readable barcodes — except in Japan, where cash still rules. Now, as the country’s biggest web companies race to dominate the payments market, one Tokyo-based startup says it has a fighting chance to win with its QR app.

Origami had a head start when it introduced a QR-code payment service in late 2015 and has since signed up fast-food chain KFC, Tokyo’s largest cab company Nihon Kotsu and convenience store operator Lawson. The company raised $66 million in September to expand nationwide and plans to more than double its staff of about 100 employees, says founder Yoshiki Yasui.

Origami is betting that stores, which until now relied on direct mail and email newsletters, will pay for the ability to reach customers on their smartphones. For example, a hair salon using Origami’s payment app would be able to send a message to past customers with a coupon for their next haircut.

Quick Response codes, the dotted squares that can be read by smartphone cameras, were invented in the 1990s by a unit of Toyota Motor to track automotive parts. But when the Japanese pioneered digital payments almost two decades ago with contactless cards for train fares, they chose the so-called near-field communications technology. The high cost of rolling out NFC payments, convenient ATMs and a culture where lost wallets are often returned have all been cited as reasons why cash remains king in the archipelago. In China, however, QR codes dominate.

Cashless payments, which includes credit cards, accounted for just 20 per cent of total consumer spending in Japan during 2016, compared with 60 per cent in China and 89 per cent in South Korea, according to a report by the Bank of Japan.

AUSTRALIA SQUADS

ODI squad: Aaron Finch (captain), Ashton Agar, Alex Carey, Pat Cummins, Josh Hazlewood, Marnus Labuschagne, Mitchell Marsh, Glenn Maxwell, Kane Richardson, Steve Smith, Mitchell Starc, Matthew Wade, David Warner, Adam Zampa

Twenty20 squad: Aaron Finch (captain), Sean Abbott, Ashton Agar, Alex Carey, Pat Cummins, Mitchell Marsh, Glenn Maxwell, Jhye Richardson, Kane Richardson, Steve Smith, Mitchell Starc, Matthew Wade, David Warner, Adam Zampa

The Specs

Engine: 1.6-litre 4-cylinder petrol
Power: 118hp
Torque: 149Nm
Transmission: Six-speed automatic
Price: From Dh61,500
On sale: Now

Manchester United's summer dealings

In

Victor Lindelof (Benfica) £30.7 million

Romelu Lukaku (Everton) £75 million

Nemanja Matic (Chelsea) £40 million

Out

Zlatan Ibrahimovic Released

Wayne Rooney (Everton) Free transfer

Adnan Januzaj (Real Sociedad) £9.8 million

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

COMPANY PROFILE


Company name: Clara
Started: 2019
Founders: Patrick Rogers, Lee McMahon, Arthur Guest, Ahmed Arif
Based: Dubai
Industry: LegalTech
Funding size: $4 million of seed financing
Investors: Wamda Capital, Shorooq Partners, Techstars, 500 Global, OTF, Venture Souq, Knuru Capital, Plug and Play and The LegalTech Fund

Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

COMPANY PROFILE

Company name: Sav
Started: 2021
Founder: Purvi Munot
Based: Dubai
Industry: FinTech
Funding: $750,000 as of March 2023
Investors: Angel investors

Meydan racecard:

6.30pm: Al Maktoum Challenge Round 2 (PA) Group 1 | US$75,000 (Dirt) | 2,200 metres

7.05pm: UAE 1000 Guineas (TB) Listed | $250,000 (D) 1,600m

7.40pm: Meydan Classic Trial (TB) Conditions $100,000 (Turf) 1,400m

8.15pm: Al Shindagha Sprint (TB) Group 3 $200,000 (D) 1,200m

8.50pm: Handicap (TB) $175,000 (D) 1,600m

9.25pm: Handicap (TB) $175,000 (T) | 2,000m

10pm: Handicap (TB) $135,000 (T) 1,600m

GRAN TURISMO

Director: Neill Blomkamp

Stars: David Harbour, Orlando Bloom, Archie Madekwe, Darren Barnet

Rating: 3/5

Premier League results

Saturday

Tottenham Hotspur 1 Arsenal 1

Bournemouth 0 Manchester City 1

Brighton & Hove Albion 1 Huddersfield Town 0

Burnley 1 Crystal Palace 3

Manchester United 3 Southampton 2

Wolverhampton Wanderers 2 Cardiff City 0

West Ham United 2 Newcastle United 0

Sunday

Watford 2 Leicester City 1

Fulham 1 Chelsea 2

Everton 0 Liverpool 0

The more serious side of specialty coffee

While the taste of beans and freshness of roast is paramount to the specialty coffee scene, so is sustainability and workers’ rights.

The bulk of genuine specialty coffee companies aim to improve on these elements in every stage of production via direct relationships with farmers. For instance, Mokha 1450 on Al Wasl Road strives to work predominantly with women-owned and -operated coffee organisations, including female farmers in the Sabree mountains of Yemen.

Because, as the boutique’s owner, Garfield Kerr, points out: “women represent over 90 per cent of the coffee value chain, but are woefully underrepresented in less than 10 per cent of ownership and management throughout the global coffee industry.”

One of the UAE’s largest suppliers of green (meaning not-yet-roasted) beans, Raw Coffee, is a founding member of the Partnership of Gender Equity, which aims to empower female coffee farmers and harvesters.

Also, globally, many companies have found the perfect way to recycle old coffee grounds: they create the perfect fertile soil in which to grow mushrooms. 

UAE athletes heading to Paris 2024

Equestrian
Abdullah Humaid Al Muhairi, Abdullah Al Marri, Omar Al Marzooqi, Salem Al Suwaidi, and Ali Al Karbi (four to be selected).


Judo
Men: Narmandakh Bayanmunkh (66kg), Nugzari Tatalashvili (81kg), Aram Grigorian (90kg), Dzhafar Kostoev (100kg), Magomedomar Magomedomarov (+100kg); women's Khorloodoi Bishrelt (52kg).


Cycling
Safia Al Sayegh (women's road race).

Swimming
Men: Yousef Rashid Al Matroushi (100m freestyle); women: Maha Abdullah Al Shehi (200m freestyle).

Athletics
Maryam Mohammed Al Farsi (women's 100 metres).

ICC T20 Team of 2021

Jos Buttler, Mohammad Rizwan, Babar Azam, Aiden Markram, Mitchell Marsh, David Miller, Tabraiz Shamsi, Josh Hazlewood, Wanindu Hasaranga, Mustafizur Rahman, Shaheen Afridi

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

How to increase your savings
  • Have a plan for your savings.
  • Decide on your emergency fund target and once that's achieved, assign your savings to another financial goal such as saving for a house or investing for retirement.
  • Decide on a financial goal that is important to you and put your savings to work for you.
  • It's important to have a purpose for your savings as it helps to keep you motivated to continue while also reducing the temptation to spend your savings. 

- Carol Glynn, founder of Conscious Finance Coaching

 

 


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