Russian military vehicles in Balakliya, Kharkiv region, amid the Russian invasion of Ukraine. AFP
Russian military vehicles in Balakliya, Kharkiv region, amid the Russian invasion of Ukraine. AFP
Russian military vehicles in Balakliya, Kharkiv region, amid the Russian invasion of Ukraine. AFP
Russian military vehicles in Balakliya, Kharkiv region, amid the Russian invasion of Ukraine. AFP

Ukraine's rapid advance near Kharkiv could bring new risk, analysts say


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The scale of the collapse of Russian defences near Kharkiv in north-east Ukraine became clear on Sunday morning after Kyiv launched its largest counter-offensive of the war, seemingly catching Russian forces off guard.

The British Ministry of Defence said on Sunday that Ukraine’s forces had made “significant” gains but that fighting continued around Izyum, a city of 45,000 people that was heavily contested early on in the war, and Kupiansk, a transport hub of rail and road connections that experts say is vital for supplying Russian forces in the Donbas, where fighting has raged since the summer.

  • Russian Malka artillery systems are fired from an undisclosed location in Ukraine. AP
    Russian Malka artillery systems are fired from an undisclosed location in Ukraine. AP
  • German Chancellor Olaf Scholz visits a training ground for Ukrainian soldiers in Putlos near Oldenburg, Germany. AFP
    German Chancellor Olaf Scholz visits a training ground for Ukrainian soldiers in Putlos near Oldenburg, Germany. AFP
  • Ukrainian President Volodymyr Zelensky (R) hands The Order of Liberty medal to Boris Johnson in Kyiv. The UK Prime Minister visited on Ukraine’s Independence Day. AFP
    Ukrainian President Volodymyr Zelensky (R) hands The Order of Liberty medal to Boris Johnson in Kyiv. The UK Prime Minister visited on Ukraine’s Independence Day. AFP
  • Destruction in Chaplyne, Dnipropetrovsk region. Reuters
    Destruction in Chaplyne, Dnipropetrovsk region. Reuters
  • The UN Security Council votes on whether to allow Ukrainian President Volodymyr Zelenskyy to address the meeting via video link on threats to international peace and security. AP
    The UN Security Council votes on whether to allow Ukrainian President Volodymyr Zelenskyy to address the meeting via video link on threats to international peace and security. AP
  • A pro-Ukrainian statue in Prague, Czech Republic. AP
    A pro-Ukrainian statue in Prague, Czech Republic. AP
  • Krystyna Kopaczewska takes part in a Ukrainian Independence Day rally outside Downing Street in London. Reuters
    Krystyna Kopaczewska takes part in a Ukrainian Independence Day rally outside Downing Street in London. Reuters
  • Firefighters work to extinguish flames at a shopping centre Galaktika after Russian shelling in Donetsk. Reuters
    Firefighters work to extinguish flames at a shopping centre Galaktika after Russian shelling in Donetsk. Reuters
  • Ukrainian servicemen fire at Russian positions in Kharkiv region. AP
    Ukrainian servicemen fire at Russian positions in Kharkiv region. AP
  • Destroyed Russian tanks and military equipment on Khreshchatyk, a street in central Kyiv, have been turned into an outdoor military museum. AFP
    Destroyed Russian tanks and military equipment on Khreshchatyk, a street in central Kyiv, have been turned into an outdoor military museum. AFP

"The liberation of settlements in the Kupiansk and Izyum districts of the Kharkiv region is ongoing," the Ukrainian military said in a general battlefield update on Sunday, 200 days into Russia's invasion.

Videos uploaded to social media by conflict tracking organisation Oryx, a website run by military analysts Stijn Mitzer and Joost Oliemans, showed scores of abandoned Russian tanks and artillery pieces in the Kharkiv oblast, indicating the rapid withdrawal of Russian forces.

“Russian forces are not conducting a controlled withdrawal and are hurriedly fleeing south-eastern Kharkiv Oblast to escape encirclement around Izyum,” said the Washington-based Institute for the Study of War, calling the retreat a “rout”.

Military experts said the capture of Kupiansk could spell further setbacks for the Russians.

“Roads, railways, bridges, rivers. How logistics flow in war. Without them, you can’t execute defence, offence, or even controlled retreats,” retired Lt Gen Mark Hertling, former commander of the US Army in Europe, said on Twitter.

The head of the Ukrainian military announced early on Sunday that as much as 3,000 square kilometres had been wrested from Russian control since the counter-offensive was launched at the beginning of this month.

The advances represent the biggest victories for Ukrainian forces since they pushed Russian troops back from Kyiv in the early weeks of the war.

Ukrainian Foreign Minister Dmytro Kuleba used the momentum to appeal to western allies for more stockpiles of sophisticated weapons.

"Weapons, weapons, weapons have been on our agenda since spring. I am grateful to partners who have answered our call: Ukraine's battlefield successes are our shared ones," he said on social media.

"Prompt supplies bring victory and peace closer."

Yet, given the lightning speed of Moscow’s retreat, an unpredictable Kremlin escalation is among the uncertainties.

Russia’s defence ministry on Saturday confirmed the troop withdrawals, yet cast the move as part of a plan to redeploy forces to the eastern Donetsk to “achieve the stated goals of liberating Donbas”.

Outwardly, the Kremlin has shown no signs of panic.

Russian President Vladimir Putin on Saturday kept to his announced schedule, including presiding over the opening of a boxing gym and giant Ferris wheel at a Moscow park. Authorities in the city held a huge fireworks display on Saturday night to mark the city’s founding.

“We should watch for some unexpected reaction from Putin,” Mick Ryan, a retired Australian army general wrote on Twitter. “He (unlike some of his senior military officers) has shown no signs of believing the invasion is in trouble.”

Russian military bloggers and others typically loyal to the Kremlin efforts have started to voice sharp criticism of how Mr Putin’s war – which was meant to overrun Ukraine within days or weeks – had been conducted.

Daniil Bezsonov, first deputy minister of information for the Moscow-backed Donetsk People’s Republic in Donbas, said on Saturday the Russian military had abandoned Izyum and some other localities in Kharkiv.

“Of course, this is the result of high command mistakes,” he said on his Telegram channel.

That downbeat attitude may be permeating through the ranks.

“Russian morale is very low and when morale is low then a shock can lead to disintegration. So this was absolutely on the cards,” Jack Watling, senior research fellow for land warfare at the Royal United Services Institute in London, told Bloomberg News.

“The Russians had too little artillery to compensate for their poor infantry skills.”

The totality of the situation on the ground, and the extent of Moscow’s retreat from the north, remains unclear.

Ukrainian commanders in the field almost certainly have been surprised by the speed and scale with which Russia has folded in Kharkiv, and that also presents dangers, Mr Watling said. “The Russians collapsed and withdrew altogether, and I am sure the Ukrainians were not expecting that.”

Mykola Bielieskov, research fellow at the National Institute for Strategic Studies in Kyiv, said Ukraine’s military will weigh the next steps carefully.

“We still need to consolidate the gains and to clear settlements, to liberate Izyum, ensure the security of the flank from the north, from the Russians in Belgorod,” Mr Bielieskov said.

“So I would say it is better to be conservative and consolidate the gains, because to go further there are risks.”

In Search of Mary Shelley: The Girl Who Wrote Frankenstein
By Fiona Sampson
Profile

How to improve Arabic reading in early years

One 45-minute class per week in Standard Arabic is not sufficient

The goal should be for grade 1 and 2 students to become fluent readers

Subjects like technology, social studies, science can be taught in later grades

Grade 1 curricula should include oral instruction in Standard Arabic

First graders must regularly practice individual letters and combinations

Time should be slotted in class to read longer passages in early grades

Improve the appearance of textbooks

Revision of curriculum should be undertaken as per research findings

Conjugations of most common verb forms should be taught

Systematic learning of Standard Arabic grammar

Results

2pm: Serve U – Maiden (TB) Dh60,000 (Dirt) 1,400m; Winner: Violent Justice, Pat Dobbs (jockey), Doug Watson (trainer)

2.30pm: Al Shafar Investment – Conditions (TB) Dh100,000 (D) 1,400m; Winner: Desert Wisdom, Bernardo Pinheiro, Ahmed Al Shemaili

3pm: Commercial Bank of Dubai – Handicap (TB) Dh68,000 (D) 1,200m; Winner: Fawaareq, Sam Hitchcott, Doug Watson

3.30pm: Shadwell – Rated Conditions (TB) Dh100,000 (D) 1,600m; Winner: Down On Da Bayou, Xavier Ziani, Salem bin Ghadayer

4pm: Dubai Real Estate Centre – Maiden (TB) Dh60,000 (D) 1,600m; Winner: Rakeez, Patrick Cosgrave, Bhupat Seemar

4.30pm: Al Redha Insurance Brokers – Handicap (TB) Dh78,000 (D) 1,800m; Winner: Capla Crusader, Bernardo Pinheiro, Rashed Bouresly

The years Ramadan fell in May

1987

1954

1921

1888

MATCH INFO

Delhi Daredevils 174-4 (20 ovs)
Mumbai Indians 163 (19.3 ovs)

Delhi won the match by 11 runs

The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

On sale: Now

Price: From Dh117,059

Lewis Hamilton in 2018

Australia 2nd; Bahrain 3rd; China 4th; Azerbaijan 1st; Spain 1st; Monaco 3rd; Canada 5th; France 1st; Austria DNF; Britain 2nd; Germany 1st; Hungary 1st; Belgium 2nd; Italy 1st; Singapore 1st; Russia 1st; Japan 1st; United States 3rd; Mexico 4th

If you go

The flights
There are various ways of getting to the southern Serengeti in Tanzania from the UAE. The exact route and airstrip depends on your overall trip itinerary and which camp you’re staying at. 
Flydubai flies direct from Dubai to Kilimanjaro International Airport from Dh1,350 return, including taxes; this can be followed by a short flight from Kilimanjaro to the Serengeti with Coastal Aviation from about US$700 (Dh2,500) return, including taxes. Kenya Airways, Emirates and Etihad offer flights via Nairobi or Dar es Salaam.   

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success

Glossary of a stock market revolution

Reddit

A discussion website

Redditor

The users of Reddit

Robinhood

A smartphone app for buying and selling shares

Short seller

Selling a stock today in the belief its price will fall in the future

Short squeeze

Traders forced to buy a stock they are shorting 

Naked short

An illegal practice  

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

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.”

SQUADS

Bangladesh (from): Shadman Islam, Mominul Haque, Soumya Sarkar, Shakib Al Hasan (capt), Mahmudullah Riyad, Mohammad Mithun, Mushfiqur Rahim, Liton Das, Taijul Islam, Mosaddek Hossain, Nayeem Hasan, Mehedi Hasan, Taskin Ahmed, Ebadat Hossain, Abu Jayed

Afghanistan (from): Rashid Khan (capt), Ihsanullah Janat, Javid Ahmadi, Ibrahim Zadran, Rahmat Shah, Hashmatullah Shahidi, Asghar Afghan, Ikram Alikhil, Mohammad Nabi, Qais Ahmad, Sayed Ahmad Shirzad, Yamin Ahmadzai, Zahir Khan Pakteen, Afsar Zazai, Shapoor Zadran

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

The specs

Engine: 1.4-litre 4-cylinder turbo

Power: 180hp at 5,500rpm

Torque: 250Nm at 3,00rpm

Transmission: 5-speed sequential auto

Price: From Dh139,995

On sale: now

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars

Company%C2%A0profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3Eamana%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2010%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Karim%20Farra%20and%20Ziad%20Aboujeb%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ERegulator%3A%20%3C%2Fstrong%3EDFSA%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinancial%20services%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E85%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ESelf-funded%3Cbr%3E%3C%2Fp%3E%0A
INDIA V SOUTH AFRICA

First Test: October 2-6, at Visakhapatnam

Second Test: October 10-14, at Maharashtra

Third Test: October 19-23, at Ranchi

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
Biography

Favourite drink: Must have karak chai and Chinese tea every day

Favourite non-Chinese food: Arabic sweets and Indian puri, small round bread of wheat flour

Favourite Chinese dish: Spicy boiled fish or anything cooked by her mother because of its flavour

Best vacation: Returning home to China

Music interests: Enjoys playing the zheng, a string musical instrument

Enjoys reading: Chinese novels, romantic comedies, reading up on business trends, government policy changes

Favourite book: Chairman Mao Zedong’s poems

Updated: September 11, 2022, 12:09 PM