Ukrainian President Volodymyr Zelenskyy visits the liberated city of Izium in the Kharkiv region of Ukraine. AP
Ukrainian President Volodymyr Zelenskyy visits the liberated city of Izium in the Kharkiv region of Ukraine. AP
Ukrainian President Volodymyr Zelenskyy visits the liberated city of Izium in the Kharkiv region of Ukraine. AP
Ukrainian President Volodymyr Zelenskyy visits the liberated city of Izium in the Kharkiv region of Ukraine. AP

UN members thwart Russian attempt to silence Zelenskyy at General Assembly


Adla Massoud
  • English
  • Arabic

UN members on Friday voted to allow Ukrainian President Volodymyr Zelenskyy to give a video address to the General Assembly, thwarting attempts by Russia and its allies to silence him.

Next week's annual gathering will bring heads of state from around the world to UN headquarters in New York to address the assembly. Such speeches are ordinarily given in person, though video addresses were allowed in 2020 and 2021 during the Covid-19 pandemic.

The US was one of 101 UN member states that voted in favour of a motion to allow Mr Zelenskyy to deliver his speech via video, given the “very exceptional circumstance” of the war with Russia.

Seven nations, including Russia, Belarus, Nicaragua, Cuba, North Korea, Syria and Eritrea voted against the measure. Nineteen countries abstained, including China, which appears to be growing increasingly concerned with the Russia-initiated war.

Belarus put forward a Russia-backed proposal to allow any country to address the General Assembly by video but it failed to garner enough votes to proceed.

Russian President Vladimir Putin is set to miss this year's assembly, but Foreign Minister Sergey Lavrov may attend.

  • Likened to diplomatic 'speed dating', UN General Assembly gives the world's top diplomats a chance to meet in person. The assembly has played host to a number of famous moments over the years. AP
    Likened to diplomatic 'speed dating', UN General Assembly gives the world's top diplomats a chance to meet in person. The assembly has played host to a number of famous moments over the years. AP
  • Libyan leader Muammar Qaddafi famously addressed the UNGA for more than 90 minutes in 2009. Photo: UN
    Libyan leader Muammar Qaddafi famously addressed the UNGA for more than 90 minutes in 2009. Photo: UN
  • Venezuelan president Hugo Chavez said in 2006 that he could smell sulphur in the UN chamber after George W Bush spoke, likening the US leader to the 'Devil'. Photo: UN
    Venezuelan president Hugo Chavez said in 2006 that he could smell sulphur in the UN chamber after George W Bush spoke, likening the US leader to the 'Devil'. Photo: UN
  • Mr Bush at UNGA in 2005. Photo: UN
    Mr Bush at UNGA in 2005. Photo: UN
  • The UN Headquarters in New York. Residents of the Big Apple brace themselves for two weeks of traffic chaos as UNGA takes place. EPA
    The UN Headquarters in New York. Residents of the Big Apple brace themselves for two weeks of traffic chaos as UNGA takes place. EPA
  • South Korean ambassador to the UN Cho Hyun speaking in the chamber. Reuters
    South Korean ambassador to the UN Cho Hyun speaking in the chamber. Reuters
  • Cuban leader Fidel Castro addressing the General Assembly. Photo: UN
    Cuban leader Fidel Castro addressing the General Assembly. Photo: UN
  • Former Iranian president Mahmoud Ahmadinejad in 2005. Photo: UN
    Former Iranian president Mahmoud Ahmadinejad in 2005. Photo: UN
  • Mahmoud Abbas, President of the Palestinian National Authority, addresses UNGA. Photo: UN
    Mahmoud Abbas, President of the Palestinian National Authority, addresses UNGA. Photo: UN

The US ambassador to the UN, Linda Thomas-Greenfield, told reporters on Friday that the US delegation has no current plans to meet Russian diplomats.

“We will be having meetings with the Ukrainians,” Ms Thomas-Greenfield said.

“There are no plans at this time to have meetings with the Russians. They have not indicated that they have an interest in diplomacy.”

She called for nations to hold Russia accountable for its actions in Ukraine.

“Our response to Russia's flagrant violations cannot be to abandon the founding principles of this organisation that we believe so strongly in,” she said.

“We must double down on our commitment to a peaceful world and hold even closer our deeply held principles of sovereignty, territorial integrity, peace and security.”

US President Joe Biden will be delivering his speech to the UN General Assembly on Wednesday morning. He was originally set to speak on Tuesday but is attending Queen Elizabeth II’s funeral in London on Monday.

The Old Slave and the Mastiff

Patrick Chamoiseau

Translated from the French and Creole by Linda Coverdale

Company profile

Name: Steppi

Founders: Joe Franklin and Milos Savic

Launched: February 2020

Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year

Employees: Five

Based: Jumeirah Lakes Towers, Dubai

Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings

Second round raised Dh720,000 from silent investors in June this year

At Everton Appearances: 77; Goals: 17

At Manchester United Appearances: 559; Goals: 253

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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.”

Russia's Muslim Heartlands

Dominic Rubin, Oxford

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Brief scores:

Kashima Antlers 0

River Plate 4

Zuculini 24', Martinez 73', 90 2', Borre 89' (pen)

The%20Woman%20King%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Gina%20Prince-Bythewood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Viola%20Davis%2C%20Thuso%20Mbedu%2C%20Sheila%20Atim%2C%20Lashana%20Lynch%2C%20John%20Boyega%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A
Asia Cup Qualifier

Final
UAE v Hong Kong

TV:
Live on OSN Cricket HD. Coverage starts at 5.30am

Frankenstein in Baghdad
Ahmed Saadawi
​​​​​​​Penguin Press

MATCH INFO

Manchester United 2 (Heaton (og) 42', Lindelof 64')

Aston Villa 2 (Grealish 11', Mings 66')

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Updated: September 16, 2022, 8:46 PM