• Susie Gray from the Edinburgh Science Festival team stands in the Firth of Forth at Portobello, Edinburgh, holding a giant black and red Earth to highlight the climate emergency and rising sea levels. PA Photo
    Susie Gray from the Edinburgh Science Festival team stands in the Firth of Forth at Portobello, Edinburgh, holding a giant black and red Earth to highlight the climate emergency and rising sea levels. PA Photo
  • A man plants mangroves at Pekan Bada in Indonesia's Aceh province. AFP
    A man plants mangroves at Pekan Bada in Indonesia's Aceh province. AFP
  • Indonesian activists rally on Earth Day outside the Ministry of Investment Co-ordinating Board office in Jakarta. EPA
    Indonesian activists rally on Earth Day outside the Ministry of Investment Co-ordinating Board office in Jakarta. EPA
  • Indigenous people and environmentalists attend the International Mother Earth Day ceremony in Yucatan, Mexico. EPA
    Indigenous people and environmentalists attend the International Mother Earth Day ceremony in Yucatan, Mexico. EPA
  • Animal rights activists from Peta in dinosaur costumes hold placards urging people to go vegan in Manila, Philippines. Reuters
    Animal rights activists from Peta in dinosaur costumes hold placards urging people to go vegan in Manila, Philippines. Reuters
  • School children at Dumfries House in Ayeshire, Scotland, learn about keeping the planet healthy.
    School children at Dumfries House in Ayeshire, Scotland, learn about keeping the planet healthy.
  • The UK's Prince of Wales is marking Earth Day by challenging children to draw or write about keeping the planet healthy.
    The UK's Prince of Wales is marking Earth Day by challenging children to draw or write about keeping the planet healthy.
  • Environmental activists, some wearing outfits made from plastic waste, lie down on the ground during a campaign against climate change in Seoul, South Korea. AP Photo
    Environmental activists, some wearing outfits made from plastic waste, lie down on the ground during a campaign against climate change in Seoul, South Korea. AP Photo
  • South Korean environmental activists wear outfits made of plastic waste during a campaign against climate change at a park along the Han River in Seoul. AFP
    South Korean environmental activists wear outfits made of plastic waste during a campaign against climate change at a park along the Han River in Seoul. AFP
  • Members of an environmental activist group gather for a campaign of No Plastic! and Yes Naked! during the 52th anniversary of Earth Day in Seoul, South Korea. EPA
    Members of an environmental activist group gather for a campaign of No Plastic! and Yes Naked! during the 52th anniversary of Earth Day in Seoul, South Korea. EPA
  • People mark Earth Day outside of Seoul city hall, South Korea. EPA
    People mark Earth Day outside of Seoul city hall, South Korea. EPA
  • Tom Schalton paints a tree blue outside the Peabody Essex Museum as part of the public art installation 'Konstantin Dimopoulos: The Blue Trees,' which aims to raise awareness about global deforestation and climate change, in Salem, Massachusetts, United States. Reuters
    Tom Schalton paints a tree blue outside the Peabody Essex Museum as part of the public art installation 'Konstantin Dimopoulos: The Blue Trees,' which aims to raise awareness about global deforestation and climate change, in Salem, Massachusetts, United States. Reuters
  • A tourist observes the crater of the Santiago volcano at the Masaya National Park in Masaya, Nicaragua, on the eve of Earth Day. AFP
    A tourist observes the crater of the Santiago volcano at the Masaya National Park in Masaya, Nicaragua, on the eve of Earth Day. AFP
  • Mountain guides approach the Charquini glacier in Bolivia as scientists and climbers battle over the future of the controversial lure for tourists. Reuters
    Mountain guides approach the Charquini glacier in Bolivia as scientists and climbers battle over the future of the controversial lure for tourists. Reuters
  • Young protesters carry placards as they take part in a ‘Climate Strike’ march towards Thailand’s Ministry of Natural Resource and Development to mark Earth Day in Bangkok. AFP
    Young protesters carry placards as they take part in a ‘Climate Strike’ march towards Thailand’s Ministry of Natural Resource and Development to mark Earth Day in Bangkok. AFP
  • Placards from a Climate Strike protest in Bangkok, Thailand. AFP
    Placards from a Climate Strike protest in Bangkok, Thailand. AFP
  • An activist from Extinction Rebellion takes part in an Earth Day demonstration blockading the gate of the New York Times Distribution print facility in Queens, New York City, US. Reuters
    An activist from Extinction Rebellion takes part in an Earth Day demonstration blockading the gate of the New York Times Distribution print facility in Queens, New York City, US. Reuters
  • South Korean outgoing President Moon Jae-in, left, and his wife Kim Jung-sook plant a tree to mark Earth Day 2022 at the Korea National Arboretum in Pocheon, South Korea. EPA
    South Korean outgoing President Moon Jae-in, left, and his wife Kim Jung-sook plant a tree to mark Earth Day 2022 at the Korea National Arboretum in Pocheon, South Korea. EPA
  • Activists hold signs during a climate change strike in Bangkok, Thailand. EPA
    Activists hold signs during a climate change strike in Bangkok, Thailand. EPA
  • India's climate activist Sonam Wangchuk, right, carries a container with a block of ice from the Khardung La glacier to Tibetan spiritual leader the Dalai Lama at Tsuglakhang in McLeod Ganj. AFP
    India's climate activist Sonam Wangchuk, right, carries a container with a block of ice from the Khardung La glacier to Tibetan spiritual leader the Dalai Lama at Tsuglakhang in McLeod Ganj. AFP
  • A woman collects garbage on To Lich river in Hanoi, Vietnam. EPA
    A woman collects garbage on To Lich river in Hanoi, Vietnam. EPA
  • A demonstrator holds a banner as Climate activists protest in front of the German Embassy on Earth Day to call for an immediate embargo on Russian oil and gas, in Brussels, Belgium, April 22, 2022. REUTERS / Johanna Geron
    A demonstrator holds a banner as Climate activists protest in front of the German Embassy on Earth Day to call for an immediate embargo on Russian oil and gas, in Brussels, Belgium, April 22, 2022. REUTERS / Johanna Geron
  • Students hold their paintings with environmental themes as they gather on the occasion of 'Earth Day' at a school in Amritsar. AFP
    Students hold their paintings with environmental themes as they gather on the occasion of 'Earth Day' at a school in Amritsar. AFP
  • Environmental activists display placards next to mannequins dressed with plastic waste during a campaign against climate change to mark 'Earth Day' in Surabaya, Indonesia. AFP
    Environmental activists display placards next to mannequins dressed with plastic waste during a campaign against climate change to mark 'Earth Day' in Surabaya, Indonesia. AFP

Earth Day 2022: what are the biggest threats to our planet?


Nada AlTaher
  • English
  • Arabic

People across the world are marking Earth Day 2022 with activities such as litter-picking, climate education, and discussions on how we can care for our planet better.

Earth Day is an annual celebration honouring the environmental movement's achievements and raising awareness of the importance of long-term ecological sustainability.

First held on April 22, 1970, it now includes a wide range of events coordinated globally by Earthday.org, including 1 billion people in more than 193 countries. The official theme for 2022 is Invest In Our Planet.

Let's take a look at the most critical environmental problems facing us and the dangers they pose ahead of Earth Day 2022.

Climate change

Man-made climate change continues to be one of the biggest threats to Planet Earth. The UN's Intergovernmental Panel on Climate Change warned this month that we must act "now, or never" to limit global warming to 1.5 degrees.

“This is not fiction or exaggeration. It is what science tells us will result from our current energy policies. We are on a pathway to global warming of more than double the 1.5-degree Celsius limit that was agreed in Paris in 2015," UN Secretary-General, Antonio Guterres, said.

Prior to the Paris climate agreement, scientists had discovered that the Earth is heading for a 3-degree rise in temperature.

They determined that the Earth would be relatively safe, if temperatures were limited to 1.5-degrees above pre-industrial levels. Any warming beyond that would result in rising sea levels; hot-water temperatures that could kill swathes of marine life; stronger and deadlier storms; and a hotter climate with heavier rains, which would be detrimental for food security.

  • The third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Photo: Masdar
    The third phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai. Photo: Masdar
  • Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, inaugurates Dubai Electricity and Water Authority’s Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. Wam
    Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, inaugurates Dubai Electricity and Water Authority’s Innovation Centre and the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park, the largest single-site solar park in the world. Wam
  • Sheikh Mohammed at the Mohammed bin Rashid Al Maktoum Solar Park. Wam
    Sheikh Mohammed at the Mohammed bin Rashid Al Maktoum Solar Park. Wam
  • Mariam Al Mheiri, Minister for Food Security, speaks at the World Food Programme Stop the Waste campaign at Jumeirah Beach Hotel, Dubai. Leslie Pableo for The National
    Mariam Al Mheiri, Minister for Food Security, speaks at the World Food Programme Stop the Waste campaign at Jumeirah Beach Hotel, Dubai. Leslie Pableo for The National
  • Khaled bin Mohamed bin Zayed has launched a landmark clean energy partnership between Adnoc and EWEC that will see EWEC supply Adnoc’s grid power from nuclear and solar energy sources from January 2022. Photo: Abu Dhabi Government Media Office
    Khaled bin Mohamed bin Zayed has launched a landmark clean energy partnership between Adnoc and EWEC that will see EWEC supply Adnoc’s grid power from nuclear and solar energy sources from January 2022. Photo: Abu Dhabi Government Media Office
  • The UAE pavilion at the Cop26 summit in Scotland. Ashraf Helmi / The National
    The UAE pavilion at the Cop26 summit in Scotland. Ashraf Helmi / The National
  • Masdar City in Abu Dhabi. Andrew Henderson / The National
    Masdar City in Abu Dhabi. Andrew Henderson / The National
  • The Barakah Unit 2 grid connection delivers clean electricity. Photo: Emirates Nuclear Energy Corporation
    The Barakah Unit 2 grid connection delivers clean electricity. Photo: Emirates Nuclear Energy Corporation
  • An aerial view of the Qurum Walkway in Jubail Mangrove Park. The UAE is doing everything it can to tackle climate change, from limiting greenhouse gas emissions to planting more mangroves. Wam
    An aerial view of the Qurum Walkway in Jubail Mangrove Park. The UAE is doing everything it can to tackle climate change, from limiting greenhouse gas emissions to planting more mangroves. Wam
  • The Ministry of Climate Change and Environment is working to increase the amount of local produce grown by 5 to 10 per cent a year. Silvia Razgova / The National
    The Ministry of Climate Change and Environment is working to increase the amount of local produce grown by 5 to 10 per cent a year. Silvia Razgova / The National
  • The eco-green technologies research site at Sharjah Research Technology and Innovation Park. Chris Whiteoak / The National
    The eco-green technologies research site at Sharjah Research Technology and Innovation Park. Chris Whiteoak / The National
  • The Ministry of Climate Change and Environment has installed 300 artificial caves made of eco-friendly materials across 30 sites to enhance fish stocks in UAE waters.
    The Ministry of Climate Change and Environment has installed 300 artificial caves made of eco-friendly materials across 30 sites to enhance fish stocks in UAE waters.
  • The future of cycling in Al Hudayriat Island, Abu Dhabi, is commemorated by a community ride around the track. Victor Besa / The National
    The future of cycling in Al Hudayriat Island, Abu Dhabi, is commemorated by a community ride around the track. Victor Besa / The National

Temperature change isn't uniform across the world — so the impacts of global warming are being detected more heavily where warming happens at a faster speed: over land areas than oceans. Nasa says the most severe warming is happening in the Arctic during the winter and in the summer in the mid-latitude regions such as East and Central Asia and Central and Eastern Europe.

More female sea turtles are being born because the temperature of the sand the eggs are buried in, impacts the gender of the offspring. A rise in temperature as little as 3.3-degrees-Celsius is enough to create more females and drive sea turtles into extinction.

"While the plight of sea turtles is illustrative, it’s a fact that all natural and human systems are sensitive to climate warming in varying degrees," Nasa's Global Climate Change website says.

Tropical storm Ida was a clear reflection of the detrimental effect the climate crisis could have on humanity when it struck the US last year. It killed dozens of people, leaving over a million homes without power, and caused damage worth $10 billion.

US President Joe Biden issued what he called a climate crisis "code red" in the aftermath of Ida.

One of the most striking aspects of the horrific hurricane was the speed with which it grew.

This is because hurricanes derive their fuel from heat, so the warm waters of the Gulf of Mexico acted essentially as an accelerant to create Ida, one of the worst tropical storms to hit the US since 1985.

“There’s so much energy stored there that, once you get a hurricane to form, you can feed it more energy and create a monster,” climatologist Barry Keim said.

In September, the UN Climate Change Conference (Cop26) saw major pledges by major players to limit the carbon footprint of some of the largest emitters, This included a pact on reducing fossil fuel subsidies, reversing deforestation and curbing methane emissions.

However, as the dust settled on the conference, reports began to show that much of what had been pledged did not reflect the reality on the ground.

Water scarcity

As flooding due to melting ice caps threatens the planet, experts believe that humans will fight future wars over water.

The UN has repeatedly called water scarcity a "security issue".

Water is essential to every single aspect of human, planet or animal life. So, when there is a lack of water, the dynamics between once-friendly nations can quickly change, and strong alliances on a much smaller scale can shift.

This is already playing out in the Middle East and Africa.

  • A satellite image taken on June 26, 2020 shows a close-up view of the Grand Ethiopian Renaissance Dam on the Blue Nile. Maxar Technologies via Reuters
    A satellite image taken on June 26, 2020 shows a close-up view of the Grand Ethiopian Renaissance Dam on the Blue Nile. Maxar Technologies via Reuters
  • The construction site of the Grand Ethiopian Renaissance Dam in Guba in the North West of Ethiopia, seen in November 2017. AP
    The construction site of the Grand Ethiopian Renaissance Dam in Guba in the North West of Ethiopia, seen in November 2017. AP
  • The Grand Ethiopian Renaissance Dam on the Blue Nile River in Guba, northwest Ethiopia. AFP
    The Grand Ethiopian Renaissance Dam on the Blue Nile River in Guba, northwest Ethiopia. AFP
  • An aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia, 2020. AFP
    An aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia, 2020. AFP
  • The Blue Nile River is seen as the Grand Ethiopian Renaissance Dam reservoir fills near the Ethiopia-Sudan border, in this broad spectral image taken on November 6, 2020. Reuters
    The Blue Nile River is seen as the Grand Ethiopian Renaissance Dam reservoir fills near the Ethiopia-Sudan border, in this broad spectral image taken on November 6, 2020. Reuters
  • The Grand Ethiopian Renaissance Dam has been a source of discord for years. AP
    The Grand Ethiopian Renaissance Dam has been a source of discord for years. AP
  • The GERD dam on the Blue Nile in Ethiopia has been under construction since 2011. EPA/MAXAR TECHNOLOGIES
    The GERD dam on the Blue Nile in Ethiopia has been under construction since 2011. EPA/MAXAR TECHNOLOGIES
  • The Grand Ethiopian Renaissance Dam on the Blue Nile River is considered by Ethiopia to be integral to its energy supply, but neighbouring countries say it jeopardises their own water resources. AFP
    The Grand Ethiopian Renaissance Dam on the Blue Nile River is considered by Ethiopia to be integral to its energy supply, but neighbouring countries say it jeopardises their own water resources. AFP
  • This frame grab from a video obtained from the Ethiopian Public Broadcaster (EBC) on July 20 and July 21, 2020 and released on July 24, 2020 shows an aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia. AFP
    This frame grab from a video obtained from the Ethiopian Public Broadcaster (EBC) on July 20 and July 21, 2020 and released on July 24, 2020 shows an aerial view of water levels at the Grand Ethiopian Renaissance Dam in Guba, Ethiopia. AFP
  • A view of northwestern Ethiopia that focuses on the status of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River on July 11, 2020. AFP
    A view of northwestern Ethiopia that focuses on the status of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River on July 11, 2020. AFP
  • A handout satellite image shows a closeup view of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River in Ethiopia June 26, 2020. Maxar Technologies via Reuters
    A handout satellite image shows a closeup view of the Grand Ethiopian Renaissance Dam (GERD) and the Blue Nile River in Ethiopia June 26, 2020. Maxar Technologies via Reuters
  • The foreign ministers of Egypt, Ethiopia and Sudan will return to Washington this week for another round of talks to reach an agreement on the Grand Ethiopian Renaissance Dam after missing the deadline last month. Reuters
    The foreign ministers of Egypt, Ethiopia and Sudan will return to Washington this week for another round of talks to reach an agreement on the Grand Ethiopian Renaissance Dam after missing the deadline last month. Reuters
  • The Blue Nile river flows near the site of the planned Grand Renaissance Dam near Assosa in Ethiopia. AP
    The Blue Nile river flows near the site of the planned Grand Renaissance Dam near Assosa in Ethiopia. AP
  • The Grand Renaissance Dam hydroelectric project in Ethiopia. Egypt belives Adis Abbaba is being deliberatley slow in negotiations. William Lloyd George / AFP
    The Grand Renaissance Dam hydroelectric project in Ethiopia. Egypt belives Adis Abbaba is being deliberatley slow in negotiations. William Lloyd George / AFP
  • A combination picture of handout satellite images shows a view of the Grand Ethiopian Renaissance Dam (GERD) July 25, 2017 (top left), July 20, 2018 (top right), July 3, 2019 (bottom left), July 9, 2020 (bottom right) in Ethiopia, in these Sentinel-1 satellite imageries obtained by Reuters on July 14, 2020.
    A combination picture of handout satellite images shows a view of the Grand Ethiopian Renaissance Dam (GERD) July 25, 2017 (top left), July 20, 2018 (top right), July 3, 2019 (bottom left), July 9, 2020 (bottom right) in Ethiopia, in these Sentinel-1 satellite imageries obtained by Reuters on July 14, 2020.

Ethiopia's Grand Ethiopian Renaissance Dam on the Nile threatens to throttle its downstream neighbours Sudan and Egypt if a deal on water share isn't reached. Egyptian President Abdel Fattah El Sisi has repeatedly alluded to the use of force if Ethiopia does not stop taking unilateral action on the dam. In February, Ethiopia said it began generating electricity from the dam.

Tensions have been rising for years between India and Pakistan, who share six rivers among them under what is known as the Indus Water Treaty.

It took nine years of talks and diplomacy but, in the end, a solution was reached to split equally the number of rivers controlled by both countries. India has used violent armed groups in Pakistan as a reason for blocking what surplus water flows into Pakistan from India's rivers. Now, India is also building dams, further straining the relationship with its neighbouring country.

Water is so valuable that it can be used as leverage when taking over an entire country.

Knowing that Afghanistan's economy relies heavy on agriculture, the Taliban regularly attack infrastructure such as dams.

In the days leading up to the Taliban takeover of the country, the Afghan National Water Authority warned about threats to the 500-metre-long Afghan-India Friendship Dam, which provides 42 mega-watts of power and irrigation to 185,329 acres of farmland.

Before Herat fell to the group, the number of soldiers protecting the dam began to dwindle. In an interview with environment magazine Down to Earth, Ali Ahmad Osmani, Afghanistan’s former Minister of Energy and Water, said the number of soldiers went down by 70 per cent.

In 2020, 40-year-old Kamar Gul, who had fled her home in Badghis 20 years prior because of a drought, told The National Geographic: “It was easy for [the Taliban] to capture the area... Everyone was hungry.”

Overall, the UN estimates some 26 per cent of the world's population, or two billion people, lacked safe drinking water in 2020.

As droughts due to climate change continue, the Earth's population rises and consumption surges, more communities face what is called a "Day Zero" scenario where the water runs out.

Cape Town is such an example when, in 2018 South Africa's capital almost had the government shut off taps across the city because of dwindling reservoir supplies.

The year before, Italy's capital, Rome, was rationing water supplies as rainfall declined by 70 per cent.

Food insecurity

All of the above, in addition to emerging wars such the Russian invasion of Ukraine, have not only resulted in an increasingly food-insecure world, but also one where the cost of basic commodities such as wheat have soared to record levels.

Like the water crisis and climate change, food insecurity disproportionately impacts the world's most vulnerable populations.

Historic levels of hunger have improved, but starvation and malnutrition are not eradicated and may not be by even 2030 at the current rate.

In places such as Yemen, which has been at war for at least six years and has been subject to restrictions on food imports, hunger water shortages and turbulent weather have disturbed agriculture and food supplies critical for daily survival.

Add to that an unexpected global pandemic like the coronavirus, and the numbers become staggeringly high.

A worker cuts wheat with a sickle during a crop harvest in the Kasur district of Punjab province, Pakistan, on Tuesday, April 19, 2022. Pakistan's food ministry issued a statement estimating this season's wheat output at 26.8m tonnes. Bloomberg
A worker cuts wheat with a sickle during a crop harvest in the Kasur district of Punjab province, Pakistan, on Tuesday, April 19, 2022. Pakistan's food ministry issued a statement estimating this season's wheat output at 26.8m tonnes. Bloomberg

A UN report published last May showed that 20 million more people were in hunger levels of "crisis or worse" due to the economic fallout from the pandemic.

In Africa alone, 98 million people faced "acute food insecurity" in 2020, research has found. This means death, starvation, stunted growth in children and a continued need for humanitarian aid worth billions of dollars in developing nations.

Oxfam found that 11 people globally die of hunger every minute, surpassing mortality rates due to the coronavirus.

Overall, it is safe to say that while sweeping measures to curb any number of the problems above remain lacklustre. recycling and remaining conscientious of one's water and food-print may one day save lives.

The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

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Virtual banks explained

What is a virtual bank?

The Hong Kong Monetary Authority defines it as a bank that delivers services through the internet or other electronic channels instead of physical branches. That means not only facilitating payments but accepting deposits and making loans, just like traditional ones. Other terms used interchangeably include digital or digital-only banks or neobanks. By contrast, so-called digital wallets or e-wallets such as Apple Pay, PayPal or Google Pay usually serve as intermediaries between a consumer’s traditional account or credit card and a merchant, usually via a smartphone or computer.

What’s the draw in Asia?

Hundreds of millions of people under-served by traditional institutions, for one thing. In China, India and elsewhere, digital wallets such as Alipay, WeChat Pay and Paytm have already become ubiquitous, offering millions of people an easy way to store and spend their money via mobile phone. Indonesia, Vietnam and the Philippines are also among the world’s biggest under-banked countries; together they have almost half a billion people.

Is Hong Kong short of banks?

No, but the city is among the most cash-reliant major economies, leaving room for newcomers to disrupt the entrenched industry. Ant Financial, an Alibaba Group Holding affiliate that runs Alipay and MYBank, and Tencent Holdings, the company behind WeBank and WeChat Pay, are among the owners of the eight ventures licensed to create virtual banks in Hong Kong, with operations expected to start as early as the end of the year. 

How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

Baftas 2020 winners

BEST FILM

  • 1917 - Pippa Harris, Callum McDougall, Sam Mendes, Jayne-Ann Tenggren
  • THE IRISHMAN - Robert De Niro, Jane Rosenthal, Martin Scorsese, Emma Tillinger Koskoff
  • JOKER - Bradley Cooper, Todd Phillips, Emma Tillinger Koskoff
  • ONCE UPON A TIME… IN HOLLYWOOD - David Heyman, Shannon McIntosh, Quentin Tarantino
  • PARASITE - Bong Joon-ho, Kwak Sin-ae

DIRECTOR

  • 1917 - Sam Mendes
  • THE IRISHMAN - Martin Scorsese
  • JOKER - Todd Phillips
  • ONCE UPON A TIME… IN HOLLYWOOD - Quentin Tarantino
  • PARASITE - Bong Joon-ho

OUTSTANDING BRITISH FILM

  • 1917 - Sam Mendes, Pippa Harris, Callum McDougall, Jayne-Ann Tenggren, Krysty Wilson-Cairns
  • BAIT - Mark Jenkin, Kate Byers, Linn Waite
  • FOR SAMA - Waad al-Kateab, Edward Watts
  • ROCKETMAN - Dexter Fletcher, Adam Bohling, David Furnish, David Reid, Matthew Vaughn, Lee Hall
  • SORRY WE MISSED YOU  - Ken Loach, Rebecca O’Brien, Paul Laverty
  • THE TWO POPES - Fernando Meirelles, Jonathan Eirich, Dan Lin, Tracey Seaward, Anthony McCarten

FILM NOT IN THE ENGLISH LANGUAGE

  • THE FAREWELL - Lulu Wang, Daniele Melia
  • FOR SAMA - Waad al-Kateab, Edward Watts
  • PAIN AND GLORY - Pedro Almodóvar, Agustín Almodóvar
  • PARASITE - Bong Joon-ho
  • PORTRAIT OF A LADY ON FIRE - Céline Sciamma, Bénédicte Couvreur

LEADING ACTRESS

  • JESSIE BUCKLEY - Wild Rose
  • SCARLETT JOHANSSON - Marriage Story
  • SAOIRSE RONAN - Little Women
  • CHARLIZE THERON - Bombshell
  • RENÉE ZELLWEGER - Judy

LEADING ACTOR

  • LEONARDO DICAPRIO - Once Upon a Time… In Hollywood
  • ADAM DRIVER - Marriage Story
  • TARON EGERTON - Rocketman
  • JOAQUIN PHOENIX - Joker
  • JONATHAN PRYCE - The Two Popes

SUPPORTING ACTOR

  • TOM HANKS - A Beautiful Day in the Neighborhood
  • ANTHONY HOPKINS - The Two Popes
  • AL PACINO - The Irishman
  • JOE PESCI - The Irishman
  • BRAD PITT - Once Upon a Time… in Hollywood

SUPPORTING ACTRESS

  • LAURA DERN - Marriage Story
  • SCARLETT JOHANSSON - Jojo Rabbit
  • FLORENCE PUGH - Little Women
  • MARGOT ROBBIE - Bombshell
  • MARGOT ROBBIE - Once Upon a Time… in Hollywood

ADAPTED SCREENPLAY

  • THE IRISHMAN - Steven Zaillian
  • JOJO RABBIT - Taika Waititi
  • JOKER - Todd Phillips, Scott Silver
  • LITTLE WOMEN - Greta Gerwig
  • THE TWO POPES - Anthony McCarten

ORIGINAL SCREENPLAY

  • BOOKSMART - Susanna Fogel, Emily Halpern, Sarah Haskins, Katie Silberman
  • KNIVES OUT - Rian Johnson
  • MARRIAGE STORY - Noah Baumbach
  • ONCE UPON A TIME… IN HOLLYWOOD - Quentin Tarantino
  • PARASITE - Han Jin Won, Bong Joon ho

DOCUMENTARY

  • AMERICAN FACTORY - Steven Bognar, Julia Reichert
  • APOLLO 11 - Todd Douglas Miller
  • DIEGO MARADONA - Asif Kapadia
  • FOR SAMA - Waad al-Kateab, Edward Watts
  • THE GREAT HACK - Karim Amer, Jehane Noujaime

OUTSTANDING DEBUT BY A BRITISH WRITER, DIRECTOR OR PRODUCER

  • BAIT - Mark Jenkin (Writer/Director), Kate Byers, Linn Waite (Producers)
  • FOR SAMA - Waad al-Kateab (Director/Producer), Edward Watts (Director)
  • MAIDEN - Alex Holmes (Director)
  • ONLY YOU - Harry Wootliff (Writer/Director)
  • RETABLO - Álvaro Delgado-Aparicio (Writer/Director)

ANIMATED FILM

  • FROZEN 2 - Chris Buck, Jennifer Lee, Peter Del Vecho
  • KLAUS - Sergio Pablos, Jinko Gotoh
  • A SHAUN THE SHEEP MOVIE: FARMAGEDDON - Will Becher, Richard Phelan, Paul Kewley
  • TOY STORY 4 - Josh Cooley, Mark Nielsen

CASTING

  • JOKER - Shayna Markowitz
  • MARRIAGE STORY - Douglas Aibel, Francine Maisler
  • ONCE UPON A TIME… IN HOLLYWOOD - Victoria Thomas
  • THE PERSONAL HISTORY OF DAVID COPPERFIELD - Sarah Crowe
  • THE TWO POPES - Nina Gold

EE RISING STAR AWARD (voted for by the public)

  • AWKWAFINA
  • JACK LOWDEN
  • KAITLYN DEVER
  • KELVIN HARRISON JR.
  • MICHEAL WARD

CINEMATOGRAPHY

  • 1917 - Roger Deakins
  • THE IRISHMAN - Rodrigo Prieto
  • JOKER - Lawrence Sher
  • LE MANS ’66 - Phedon Papamichael
  • THE LIGHTHOUSE - Jarin Blaschke

EDITING

  • THE IRISHMAN - Thelma Schoonmaker
  • JOJO RABBIT - Tom Eagles
  • JOKER - Jeff Groth
  • LE MANS ’66 - Andrew Buckland, Michael McCusker
  • ONCE UPON A TIME… IN HOLLYWOOD - Fred Raskin

COSTUME DESIGN

  • THE IRISHMAN - Christopher Peterson, Sandy Powell
  • JOJO RABBIT - Mayes C. Rubeo
  • JUDY - Jany Temime
  • LITTLE WOMEN - Jacqueline Durran
  • ONCE UPON A TIME… IN HOLLYWOOD - Arianne Phillips

PRODUCTION DESIGN

  • 1917 - Dennis Gassner, Lee Sandales
  • THE IRISHMAN - Bob Shaw, Regina Graves
  • JOJO RABBIT - Ra Vincent, Nora Sopková
  • JOKER - Mark Friedberg, Kris Moran
  • ONCE UPON A TIME… IN HOLLYWOOD - Barbara Ling, Nancy Haigh

SOUND

  • 1917 - Scott Millan, Oliver Tarney, Rachael Tate, Mark Taylor, Stuart Wilson
  • JOKER - Tod Maitland, Alan Robert Murray, Tom Ozanich, Dean Zupancic
  • LE MANS ’66 - David Giammarco, Paul Massey, Steven A. Morrow, Donald Sylvester
  • ROCKETMAN - Matthew Collinge, John Hayes, Mike Prestwood Smith, Danny Sheehan
  • STAR WARS: THE RISE OF SKYWALKER - David Acord, Andy Nelson, Christopher Scarabosio, Stuart Wilson, Matthew Wood

ORIGINAL SCORE

  • 1917 - Thomas Newman
  • JOJO RABBIT - Michael Giacchino
  • JOKER - Hildur Guđnadóttir
  • LITTLE WOMEN - Alexandre Desplat
  • STAR WARS: THE RISE OF SKYWALKER - John Williams

SPECIAL VISUAL EFFECTS

  • 1917 - Greg Butler, Guillaume Rocheron, Dominic Tuohy
  • AVENGERS: ENDGAME - Dan Deleeuw, Dan Sudick
  • THE IRISHMAN - Leandro Estebecorena, Stephane Grabli, Pablo Helman
  • THE LION KING - Andrew R. Jones, Robert Legato, Elliot Newman, Adam Valdez
  • STAR WARS: THE RISE OF SKYWALKER - Roger Guyett, Paul Kavanagh, Neal Scanlan, Dominic Tuohy

MAKE UP & HAIR

  • 1917 - Naomi Donne
  • BOMBSHELL - Vivian Baker, Kazu Hiro, Anne Morgan
  • JOKER - Kay Georgiou, Nicki Ledermann
  • JUDY - Jeremy Woodhead
  • ROCKETMAN - Lizzie Yianni Georgiou

BRITISH SHORT FILM

  • AZAAR - Myriam Raja, Nathanael Baring
  • GOLDFISH - Hector Dockrill, Harri Kamalanathan, Benedict Turnbull, Laura Dockrill
  • KAMALI - Sasha Rainbow, Rosalind Croad
  • LEARNING TO SKATEBOARD IN A WARZONE (IF YOU’RE A GIRL) - Carol Dysinger, Elena Andreicheva
  • THE TRAP - Lena Headey, Anthony Fitzgerald

BRITISH SHORT ANIMATION

  • GRANDAD WAS A ROMANTIC - Maryam Mohajer
  • IN HER BOOTS - Kathrin Steinbacher
  • THE MAGIC BOAT  - Naaman Azh
COMPANY%20PROFILE
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Updated: April 22, 2022, 1:30 PM