British man executed in China



A Briton said to have serious mental health problems was executed in China today for drug smuggling, a move roundly condemned by the British government. UK prime minister Gordon Brown said he was "appalled and disappointed" by the execution of Akmal Shaikh, a 53-year-old father-of-three, who supporters say had bipolar disorder. His family expressed their grief and asked for privacy.

China issued its first official confirmation of the death sentence delivered by its Supreme Court, defending its use of capital punishment as a deterrent and saying evidence of Shaikh's mental illness was "insufficient". However, the authorities in China have not yet announced that the execution has taken place. Shaikh is the first European national to be executed in China in 58 years, according to the London-based charity Reprieve, which had been providing him with legal counsel.

Shaikh's case sparked condemnation from London and rights activists who said his illness should have been a mitigating factor in his sentencing. Reprieve said China had ignored "overwhelming and unrebutted evidence" of his condition. London had launched an 11th hour appeal for clemency for Shaikh, urging Beijing to "do the right thing" by halting the execution in Urumqi, the capital of China's far-western Xinjiang region.

But Mr Brown said the execution had been carried out. "I condemn the execution of Akmal Shaikh in the strongest terms, and am appalled and disappointed that our persistent requests for clemency have not been granted," Mr Brown said in a statement issued in London. "I am particularly concerned that no mental health assessment was undertaken." Shaikh, from London, was arrested in September 2007 in Urumqi after arriving from Tajikistan with four kilograms of heroin. Campaigners say a criminal gang duped him into carrying the drugs into China.

He was sentenced to death in December 2008 and lost his final appeal earlier this year in China's Supreme Court, officials say. Two of Shaikh's cousins visited him in Urumqi on Monday and told him of his fate. The family issued a short statement expressing "grief at the Chinese decision to refuse mercy" and thanking Shaikh's supporters who created a Facebook group and staged a vigil in London on Monday.

Reprieve said it had medical evidence that Shaikh suffered from a delusion he was going to China to record a hit single that would usher in world peace. New witnesses have emerged to back that claim. Two British men, Paul Newberry and Gareth Saunders, both quoted by Reprieve, said they had helped him record a song in Poland and it was clear that he was mentally disturbed. Mr Newberry said Shaikh was "was clearly suffering from delusions and it seemed to me he was a particularly severe case of manic depressive."

China's judiciary has already come under fire in the West over the jailing last week of a top dissident, Liu Xiaobo, for subversion. The Supreme Court said the evidence provided by the British side of Shaikh's mental illness was "insufficient", according to a statement published on the central government's website. It justified its use of capital punishment as a deterrent, saying: "To use the death penalty for extremely threatening and serious crimes involving drugs is beneficial to instilling fear and preventing drug crimes."

According to the London-based rights group Amnesty International, China executes more people every year than the rest of the world combined, but the actual numbers put to death remain a state secret. It put the number of executions in China in 2008 at more than 1,700. * AFP

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

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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.”

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Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.

The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.

These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.

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“We’re in a good position except for the cases that are out of our hands, such as sandstorms.

“Sandstorms are our main concern because the UAE is just a receiver.

“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”

Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.

There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.

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“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”

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Hili 2: Unesco World Heritage site

The site is part of the Hili archaeological park in Al Ain. Excavations there have proved the existence of the earliest known agricultural communities in modern-day UAE. Some date to the Bronze Age but Hili 2 is an Iron Age site. The Iron Age witnessed the development of the falaj, a network of channels that funnelled water from natural springs in the area. Wells allowed settlements to be established, but falaj meant they could grow and thrive. Unesco, the UN's cultural body, awarded Al Ain's sites - including Hili 2 - world heritage status in 2011. Now the most recent dig at the site has revealed even more about the skilled people that lived and worked there.

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PREMIER LEAGUE STATS

Romelu Lukaku's goalscoring statistics in the Premier League 
Season/club/appearances (substitute)/goals

2011/12 Chelsea: 8(7) - 0
2012/13 West Brom (loan): 35(15) - 17
2013/14 Chelsea: 2(2) - 0
2013/14 Everton (loan): 31(2) - 15
2014/15 Everton: 36(4) - 10
2015/16 Everton: 37(1) - 18
2016/17 Everton: 37(1) - 25