Russian President Vladimir Putin was issued with an arrest warrant by the International Criminal Court on Friday.
The ICC said the warrant was issued over possible war crimes involving the alleged deportation of Ukrainian children.
But what does the warrant mean for Mr Putin and Russia's war in Ukraine?
What is Putin charged with?
The ICC said Mr Putin was responsible for the war crime of unlawful deportation of children and the unlawful transfer of children from occupied areas of Ukraine to Russia.
Moscow is accused of transferring 16,000 children from Ukraine to Russia unlawfully, according to Ukrainian government figures. Russia says that it has only evacuated people looking to leave voluntarily.
Moscow has repeatedly denied accusations of committing atrocities after invading Ukraine more than a year ago.
The warrant was issued on Friday, a day after a UN investigation found that Russia has committed war crimes in Ukraine including killings and torture that may amount to crimes against humanity.
The ICC also issued a warrant for Maria Alekseyevna Lvova-Belova, commissioner for Children’s Rights at the Russian President's office.
What is the ICC?
The ICC is an intergovernmental organisation based in The Hague in the Netherlands.
Its founding treaty, the Rome Statute, established it as a permanent court of last resort to prosecute political leaders and other perpetrators of atrocities, specifically war crimes, crimes against humanity and genocide.
The ICC has 123 members: 33 from Africa, 19 Asia-Pacific states, 18 from eastern Europe, 28 from Latin American and Caribbean countries and 25 from western Europe, including the UK.
Neither Russia nor the US are members.
The ICC can impose a maximum sentence of life imprisonment “when justified by the extreme gravity of the crime”, according to the treaty.
But the court has no police force of its own to enforce the warrants.
ICC President Piotr Hofmanski said it will be up to the international community to enforce the warrants.
Who is Maria Alekseyevna Lvova-Belova?
Ms Lvova-Belova was involved in the abduction of Ukrainian orphans in October, according to an AP investigation involving dozens of interviews and documents, the agency said.
She responded to the warrants with sarcasm.
"It is great that the international community has appreciated the work to help the children of our country, that we do not leave them in war zones, that we take them out, we create good conditions for them, that we surround them with loving, caring people,” she said.
What was Russia’s response to the warrants?
The Kremlin called the ICC’s actions "outrageous and unacceptable".
Russia, which does not recognise the ICC’s jurisdiction, called the warrants "null and void".
Russia does not recognise the court’s jurisdiction and has not signed up to the Rome Statutes.
That makes the chances of Mr Putin or Ms Lvova-Belova facing trial extremely remote.
Foreign Ministry spokeswoman Maria Zakharova dismissed a UN investigation and accusations of war crimes on Thursday. She said those behind the claims were not being objective.
What was Joe Biden’s response?
US President Joe Biden said on Friday the ICC’s decision to issue an arrest warrant for Mr Putin was justified. He said Mr Putin has clearly committed war crimes.
"He's clearly committed war crimes," Mr Biden said.
"I think it's justified. But the question is — it's not recognised internationally by us either. But I think it makes a very strong point."
What did Ukraine say?
Ukrainian President Volodymyr Zelenskyy said in his nightly address it was a “historic decision, from which historic responsibility will begin".
Sergiy Kyslytsya, Ukraine’s UN ambassador, said: “I said at the Security Council meeting [on the night of Russia’s invasion] that there is no purgatory for war criminals, they go straight to hell.
“Today, I would like to say that those of them who will remain alive after the military defeat of Russia will have to make a stop in The Hague on their way to hell.”
Who else has faced ICC warrants and were they arrested?
The ICC issued warrants for Joseph Kony, leader of the Ugandan Lord's Resistance Army rebel group in 2005 for crimes against humanity and war crimes. Mr Kony has never been arrested and remains on the run.
Congolese warlord Thomas Lubanga was jailed for 14 years for conscripting children into his rebel army in 2002-03. The ICC upheld the decision on appeal in 2014.
In 2009, Sudanese former president Omar Al Bashir became the first serving head of state to receive an ICC arrest warrant. Sudan said it would hand him over to the ICC in 2021, but never did.
Former Democratic Republic of Congo vice-president Jean-Pierre Bemba was jailed in 2008 after the ICC convicted him over crimes in the Central African Republic in 2002-03.
Abu Dhabi traffic facts
Drivers in Abu Dhabi spend 10 per cent longer in congested conditions than they would on a free-flowing road
The highest volume of traffic on the roads is found between 7am and 8am on a Sunday.
Travelling before 7am on a Sunday could save up to four hours per year on a 30-minute commute.
The day was the least congestion in Abu Dhabi in 2019 was Tuesday, August 13.
The highest levels of traffic were found on Sunday, November 10.
Drivers in Abu Dhabi lost 41 hours spent in traffic jams in rush hour during 2019
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.”
Friday's schedule in Madrid
Men's quarter-finals
Novak Djokivic (1) v Marin Cilic (9) from 2pm UAE time
Roger Federer (4) v Dominic Thiem (5) from 7pm
Stefanos Tsitsipas (8) v Alexander Zverev (3) from 9.30pm
Stan Wawrinka v Rafael Nadal (2) from 11.30pm
Women's semi-finals
Belinda Bencic v Simona Halep (3) from 4.30pm
Sloane Stephens (8) v Kiki Bertens (7) from 10pm
How to get exposure to gold
Although you can buy gold easily on the Dubai markets, the problem with buying physical bars, coins or jewellery is that you then have storage, security and insurance issues.
A far easier option is to invest in a low-cost exchange traded fund (ETF) that invests in the precious metal instead, for example, ETFS Physical Gold (PHAU) and iShares Physical Gold (SGLN) both track physical gold. The VanEck Vectors Gold Miners ETF invests directly in mining companies.
Alternatively, BlackRock Gold & General seeks to achieve long-term capital growth primarily through an actively managed portfolio of gold mining, commodity and precious-metal related shares. Its largest portfolio holdings include gold miners Newcrest Mining, Barrick Gold Corp, Agnico Eagle Mines and the NewMont Goldcorp.
Brave investors could take on the added risk of buying individual gold mining stocks, many of which have performed wonderfully well lately.
London-listed Centamin is up more than 70 per cent in just three months, although in a sign of its volatility, it is down 5 per cent on two years ago. Trans-Siberian Gold, listed on London's alternative investment market (AIM) for small stocks, has seen its share price almost quadruple from 34p to 124p over the same period, but do not assume this kind of runaway growth can continue for long
However, buying individual equities like these is highly risky, as their share prices can crash just as quickly, which isn't what what you want from a supposedly safe haven.
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Our family matters legal consultant
Name: Hassan Mohsen Elhais
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UAE currency: the story behind the money in your pockets
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
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The biog
Favourite films: Casablanca and Lawrence of Arabia
Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins
Favourite dish: Grilled fish
Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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
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- 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
Favourite things
Luxury: Enjoys window shopping for high-end bags and jewellery
Discount: She works in luxury retail, but is careful about spending, waits for sales, festivals and only buys on discount
University: The only person in her family to go to college, Jiang secured a bachelor’s degree in business management in China
Masters: Studying part-time for a master’s degree in international business marketing in Dubai
Vacation: Heads back home to see family in China
Community work: Member of the Chinese Business Women’s Association of the UAE to encourage other women entrepreneurs
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
Lexus LX700h specs
Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor
Power: 464hp at 5,200rpm
Torque: 790Nm from 2,000-3,600rpm
Transmission: 10-speed auto
Fuel consumption: 11.7L/100km
On sale: Now
Price: From Dh590,000
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