In politics, as football, the loudest and cleverest slogans win


Colin Randall
  • English
  • Arabic

Jack London was an American writer who lived a short, complicated life during which he enjoyed considerable success with his novels, short stories and non-fiction, and also embraced a class warrior's brand of socialism. He was occasionally accused of plagiarism, though this is not the reason questions have been raised about his authorship of The Scab, one the most fiery pieces of rhetoric written in the history of trade unionism.

The doubts arise because of the style of language, which is considered out of character for Mr London, and also the item's absence from his known body of work. That said, The Scab is generally attributed to him. As many will know, it is a powerful diatribe, beginning with the assertion that once the rattlesnake, toad and vampire had been created, there was some "awful stuff" left over with which the "scab", or strike-breaker, was made. The resulting creature was a "two-legged animal with a corkscrew soul, a waterlogged brain, and a combination backbone made of jelly and glue".

The Left, it has often been said, has all the best tunes. Does it also have a monopoly on the most effective words? The answer probably depends on one's own political viewpoint. But whether it comes from the Left or Right, political sloganising relies overwhelmingly on snappy one-liners rather than the sustained abuse of The Scab. The left-wing slogan that comes most readily to mind when I think back over the past 30 or 40 years is "Occupy, nationalise, fight for the right to work", even though it mixes a governmental function (nationalisation) with encouragement to workers to take direct action. The chant was often heard on demonstrations in Britain during the Thatcher years, as was the cry "Maggie, Maggie, Maggie", and its inevitable response "Out, out, out".

In the United States, from much earlier, "We shall overcome" became the catchphrase of the civil rights movement, while the American Right's "Better dead than Red" removed any doubt as to its true feelings on communism. British Conservatives had "Labour isn't working" and, a little later, "Labour still isn't working" towards the end of the 1970s. Also in Britain, and from roughly the same era, there was a chant specific to the city of Birmingham, informally known as Brum. When the extreme right-wing National Front staged a march there, anti-racist counter-demonstrators chanted relentlessly: "Nazi scum get out of Brum".

Within a week or so, the taunt could be heard in adapted form on the lips of supporters of one of the big Birmingham football clubs, Aston Villa. Visiting fans of Manchester City were taunted throughout a game I attended with "City scum get out of Brum". So the process that produces memorable political slogans is not so distant from the origin of banter on the football terraces. Someone dreams up the phrase, line or verse; those of similar allegiance then learn to recite it in unison. Now that all-seater stadiums have in many cases replaced the terraces of the past, chants often start with the command "stand up", supporters being urged to their feet to declare love or hatred for this or that player or club (eg "Stand up if you hate Man U", to the tune of the pop song Go West). More sensible spectators, preferring to remain in their seats, now try to drown out the first two words of each phrase with a rival instruction, "Sit down".

A lot of what is heard, or seen on banners, at football games and on the streets during protests is charmless, infantile or obscene. And sometimes, the sentiments can seem distinctly off-message. But I must confess to a sneaking regard for the French students who, during a series of bitter anti-government demonstrations about unemployment, came up with Á bas le travail - "Down with work". Colin Randall is a contributing editor to The National and can be contacted at crandall@thenational.ae

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.”

UAE tour of the Netherlands

UAE squad: Rohan Mustafa (captain), Shaiman Anwar, Ghulam Shabber, Mohammed Qasim, Rameez Shahzad, Mohammed Usman, Adnan Mufti, Chirag Suri, Ahmed Raza, Imran Haider, Mohammed Naveed, Amjad Javed, Zahoor Khan, Qadeer Ahmed
Fixtures:
Monday, 1st 50-over match
Wednesday, 2nd 50-over match
Thursday, 3rd 50-over match

UAE currency: the story behind the money in your pockets

THE SPECS

Engine: 2.0-litre 4-cylinder turbo

Power: 275hp at 6,600rpm

Torque: 353Nm from 1,450-4,700rpm

Transmission: 8-speed dual-clutch auto

Top speed: 250kph

Fuel consumption: 6.8L/100km

On sale: Now

Price: Dh146,999

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Company%20profile
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The specs

Engine: 1.6-litre 4-cyl turbo

Power: 217hp at 5,750rpm

Torque: 300Nm at 1,900rpm

Transmission: eight-speed auto

Price: from Dh130,000

On sale: now

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Day 1 results:

Open Men (bonus points in brackets)
New Zealand 125 (1) beat UAE 111 (3)
India 111 (4) beat Singapore 75 (0)
South Africa 66 (2) beat Sri Lanka 57 (2)
Australia 126 (4) beat Malaysia -16 (0)

Open Women
New Zealand 64 (2) beat South Africa 57 (2)
England 69 (3) beat UAE 63 (1)
Australia 124 (4) beat UAE 23 (0)
New Zealand 74 (2) beat England 55 (2)

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The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
On sale: Now
Price: From Dh158,000 (Cooper), Dh168,000 (Aceman), Dh190,000 (Countryman)
Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The specs

Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder

Power: 220 and 280 horsepower

Torque: 350 and 360Nm

Transmission: eight-speed automatic

Price: from Dh136,521 VAT and Dh166,464 VAT 

On sale: now

Guide to intelligent investing
Investing success often hinges on discipline and perspective. As markets fluctuate, remember these guiding principles:
  • Stay invested: Time in the market, not timing the market, is critical to long-term gains.
  • Rational thinking: Breathe and avoid emotional decision-making; let logic and planning guide your actions.
  • Strategic patience: Understand why you’re investing and allow time for your strategies to unfold.
 
 
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5