Chinese security forces detain three foreign protestors as they stage a protest and open Tibetan flags an hour before the Olympic opening  ceremony near the Bird's nest stadium in Beijing. The three men, wearing shirts that read "Team Tibet 08?" were tackled by Chinese security forces within seconds and immediately detained.
Chinese security forces detain three foreign protestors as they stage a protest and open Tibetan flags an hour before the Olympic opening ceremony near the Bird's nest stadium in Beijing. The three mShow more

Anti-China protests worldwide as Olympics begin



LONDON // A protester set himself on fire outside the Chinese Embassy in the Turkish capital and thousands of Tibetan exiles took to the streets in Nepal, as anti-China demonstrations occurred worldwide to coincide with the start of the Beijing Olympics. By the end yesterday, protests that had begun in Asia, were also taking place in London, Paris, Brussels and Amsterdam. The US president George Bush, who was in Beijing for the opening ceremony, expressed confidence that China's future would reflect "the universal aspirations of mankind," despite criticism of a lack of freedom in the world' most populous country. The president said that he had made clear to Chinese leaders that trusting their people with greater freedom is necessary for China to reach its full potential. "We've emphasised that being a global economic leader carries with it the duty to act responsibly on matters from energy to the environment to development in Africa," he said.

In Ankara, a demonstrator suffered second-degree burns after setting himself on fire during a rally by several hundred ethnic Uighurs, officials said. He was identified as a 35-year-old from Turkey's local Uighur community, an ethnic minority in China seeking independence or greater autonomy.

In Katmandu, Nepal's capital, thousands of Tibetan exiles demonstrated at the Chinese Embassy, shouting, "China, thief: Leave our country. Stop killing in Tibet." Police forcibly dispersed the protesters, some of whom tried to storm the embassy, Ramesh Thapa, a polic official, said. More than 1,000 people were detained for violating a ban on demonstrations - the largest number of Tibetans detained in a single day in Katmandu.

In India, more than 2,000 protesters marched in Dharmsala, a northern hill town that is home to the Tibetan government-in-exile and the Dalai Lama, Tibet's spiritual leader. In China, three Americans who planned to hold Tibetan flags during the opening ceremony were detained by police as they travelled to Beijing National Stadium, the Students for a Free Tibet executive director Lhadon Tethong said. Police did not confirm the incident.

While the spectacle of the opening ceremonies was broadcast on large screens in Trafalgar Square in London, the Chinese Embassy was the focus for protesters railing against the country's treatment of people in Tibet, Sudan, Zimbabwe and Myanmar. "The Olympics shouldn't have been offered to China on the basis of their human rights record," said Liawang Tsang, whose family fled Tibet nine years ago.

But he welcomed the Olympics for putting the spotlight on it. About 300 people gathered in front of the embassy, most wearing red headbands in memory of people killed in Tibet. A small counter-demonstration took place nearby. In San Francisco, Buddhist monks holding up the Tibetan flag and chanting a Sanskrit mantra for love and compassion led between 200 and 300 protesters bearing banners across the Golden Gate Bridge.

The crowd, clad in yellow, drew honks and the occasional "Free Tibet" cheers from passing tourists. In Paris, a judge reversed a local authority ban on protests around the Chinese Embassy and demonstrators marched there. A man and a woman climbed the front of a five-story building, unfurled a large banner picturing the Olympic rings as handcuffs and attached it to the top floor balcony.

Police dragged the pair away when they reached the ground, scaled the building and retrieved the banner, as protesters booed. Hundreds in Brussels joined the global protest, with five demonstrators standing outside the European Union headquarters with Olympic rings around their necks, bloodstained bandages on their heads and their wrists bound in chains to call for a free Tibet. In Amsterdam, many protesters ran or cycled from the stadium that hosted the 1928 Olympic Games just outside the city, waving Tibetan flags.

One protester, Lobsang, 30, said he had fled his monastery in Tibet six years ago after being caught with a book written by the Dalai Lama and beaten. "It's important that we show the world that we stand up for those in prison and dying" in Tibet, he said. "We in free countries should support them."

In China, authorities were on their highest alert, guarding against anyone who might try to take the shine off the opening ceremony watched worldwide. Tiananmen Square in Beijing was sealed off. Foreigners who have protested in recent days were deported, and Chinese who did the same were in custody. The tight controls imposed by China's autocratic government have so far ensured that the handful of protests in the host city have been small and relatively quiet.

In semiautonomous Hong Kong, Matt Pearce, a British citizen, was detained after unfurling two banners on a major bridge reading: "We want human rights and democracy" and "The people of China want freedom from oppression". AP/AFP

A State of Passion

Directors: Carol Mansour and Muna Khalidi

Stars: Dr Ghassan Abu-Sittah

Rating: 4/5

Key changes

Commission caps

For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:

• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term). 

• On the protection component, there is a cap  of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).

• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated. 

• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.

• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.

Disclosure

Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.

“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”

Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.

Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.

“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.

Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.

How Beautiful this world is!
COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Sav%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Purvi%20Munot%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%24750%2C000%20as%20of%20March%202023%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Angel%20investors%3C%2Fp%3E%0A
UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

COMPANY PROFILE
Name: Akeed

Based: Muscat

Launch year: 2018

Number of employees: 40

Sector: Online food delivery

Funding: Raised $3.2m since inception 

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

On sale: Now

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

What it means to be a conservationist

Who is Enric Sala?

Enric Sala is an expert on marine conservation and is currently the National Geographic Society's Explorer-in-Residence. His love of the sea started with his childhood in Spain, inspired by the example of the legendary diver Jacques Cousteau. He has been a university professor of Oceanography in the US, as well as working at the Spanish National Council for Scientific Research and is a member of the World Economic Forum’s Global Future Council on Biodiversity and the Bio-Economy. He has dedicated his life to protecting life in the oceans. Enric describes himself as a flexitarian who only eats meat occasionally.

What is biodiversity?

According to the United Nations Environment Programme, all life on earth – including in its forests and oceans – forms a “rich tapestry of interconnecting and interdependent forces”. Biodiversity on earth today is the product of four billion years of evolution and consists of many millions of distinct biological species. The term ‘biodiversity’ is relatively new, popularised since the 1980s and coinciding with an understanding of the growing threats to the natural world including habitat loss, pollution and climate change. The loss of biodiversity itself is dangerous because it contributes to clean, consistent water flows, food security, protection from floods and storms and a stable climate. The natural world can be an ally in combating global climate change but to do so it must be protected. Nations are working to achieve this, including setting targets to be reached by 2020 for the protection of the natural state of 17 per cent of the land and 10 per cent of the oceans. However, these are well short of what is needed, according to experts, with half the land needed to be in a natural state to help avert disaster.

Our legal consultant

Name: Dr Hassan Mohsen Elhais

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

In numbers

1,000 tonnes of waste collected daily:

  • 800 tonnes converted into alternative fuel
  • 150 tonnes to landfill
  • 50 tonnes sold as scrap metal

800 tonnes of RDF replaces 500 tonnes of coal

Two conveyor lines treat more than 350,000 tonnes of waste per year

25 staff on site

 

MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

QUALIFYING RESULTS

1. Max Verstappen, Netherlands, Red Bull Racing Honda, 1 minute, 35.246 seconds.
2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
3. Lewis Hamilton, Great Britain, Mercedes, 1:35.332.
4. Lando Norris, Great Britain, McLaren Renault, 1:35.497.
5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:35.571.
6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
8. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:36.046.
9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.

Eliminated after second session

11. Esteban Ocon, France, Renault, 1:36.359.
12. Daniel Ricciardo, Australia, Renault, 1:36.406.
13. Sebastian Vettel, Germany, Ferrari, 1:36.631.
14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.

Eliminated after first session

15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
16. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:37.555.
17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.

Company%20profile
%3Cp%3EName%3A%20Cashew%0D%3Cbr%3EStarted%3A%202020%0D%3Cbr%3EFounders%3A%20Ibtissam%20Ouassif%20and%20Ammar%20Afif%0D%3Cbr%3EBased%3A%20Dubai%2C%20UAE%0D%3Cbr%3EIndustry%3A%20FinTech%0D%3Cbr%3EFunding%20size%3A%20%2410m%0D%3Cbr%3EInvestors%3A%20Mashreq%2C%20others%0D%3C%2Fp%3E%0A