A US delegation led by Senator John Kerry, centre, met the Pakistani prime minister, Yousuf Raza Gilani, right, in Islamabad yesterday.
A US delegation led by Senator John Kerry, centre, met the Pakistani prime minister, Yousuf Raza Gilani, right, in Islamabad yesterday.
A US delegation led by Senator John Kerry, centre, met the Pakistani prime minister, Yousuf Raza Gilani, right, in Islamabad yesterday.
A US delegation led by Senator John Kerry, centre, met the Pakistani prime minister, Yousuf Raza Gilani, right, in Islamabad yesterday.

Doubts remain over status of US envoy in jail for Lahore deaths


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ISLAMABAD // Pakistan's former foreign minister said yesterday that legal advisers told him an American detained for fatally shooting two Pakistanis did not qualify for blanket diplomatic immunity as Washington maintains.

Shah Mahmood Qureshi, who stepped down earlier this month during a cabinet shake-up but retains influence, reiterated this stance after a meeting with Senator John Kerry, chair of the US Senate foreign relations committee. His comments are an indication that the US politician may have a rocky time convincing Pakistan to free 36-year-old Raymond Davis.

It also signalled there have been internal divisions within the Pakistani government over how to handle a case that has severely strained relations with the US. The partnership is considered key to ending the war in Afghanistan.

The US says Mr Davis is an embassy staffer who shot two Pakistanis in self-defence as they tried to rob him on January 27, and that his detention is illegal under international agreements covering diplomats. Pakistani leaders - fearful of stoking more outrage in a public already rife with anti-US sentiment - have said the matter is up to the courts to decide.

A Pakistani federal official said on Tuesday that the government would tell a court later this week that most of its legal experts had decided that Mr Davis is immune from prosecution. Mr Qureshi, however, told a news conference that if he is summoned, he will testify that his advisers informed him Mr Davis may not have full immunity.

"God willing, I will side with the truth," he said. "I will never disappoint the nation."

It was not immediately clear if saying that Mr Davis does not qualify for "blanket" immunity means he does not qualify at all for protection from prosecution in this particular case. The US Embassy insists that because Mr Davis was part of its "administrative and technical staff" he has blanket immunity.

Mr Qureshi was the most prominent member of the Pakistani cabinet to not be reappointed to his old post after the quick dissolution and re-creation of the prime minister's circle of advisers last week. He said he kept quiet on the Davis case earlier upon instructions from the leader of the ruling Pakistan People's Party, but implied that his stance on the matter had cost him his job. A new foreign minister has not yet been appointed.

Upon arriving in Pakistan late on Tuesday, Mr Kerry, a Democrat, reached out to the government and the people, promising a US criminal investigation into the shooting if Mr Davis was released. He expressed regret over the loss of lives and acknowledged that the deaths need to be examined.

"It is customary in an incident like this for our government to conduct a criminal investigation. That is our law. And I can give you the full assurance of our government today that that will take place," Mr Kerry told reporters in the eastern city of Lahore, where the shootings occurred.

The senator met Prime Minister Yousuf Raza Gilani after seeing Mr Qureshi yesterday. He was to see President Asif Ali Zardari and the army chief, Gen Ashfaq Parvez Kayani, as well. His meeting with Mr Qureshi indicated he believed the former foreign minister, a major figure in the ruling party, still has influence.

President Barack Obama also insisted on Tuesday that Mr Davis be freed, saying the principle of diplomatic immunity must be upheld.

"If it starts being fair game on our ambassadors around the world, including in dangerous places where we may have differences with those governments, that's untenable," Mr Obama said at a news conference, his first public remarks on the case. "It means they can't do their job. And that's why we respect these conventions and every country should as well."

Part of the confusion over Mr Davis's status lies in his background. The administration insists he was part of the embassy's "administrative and technical staff", which means he might have been involved with security, but Pakistani media have focused on him being a former special forces soldier who runs an American "protective services" company with his wife.

Although the US says he is an embassy staffer, he apparently had been attached for a while to the consulate in Lahore, further adding to the confusion about his status, since consulate employees do not always get the same level of diplomatic protection as embassy staff.

The Associated Press also obtained a photocopy of an ID and a salary document that Mr Davis apparently gave Pakistani authorities, showing that he was scheduled to be paid US$200,000 (Dh735,000) from September 21, 2010, until September 20, 2011, for "overseas protective sec. svcs.", training, administration work and insurance and travel expenses.

The ID card identifies Mr Davis as a Defence Department contractor.

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Director: Rupert Wyatt

Rating: 3/5

Results

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5.30pm: Handicap (PA) Dh80,000 (T) 1,600m; Winner: Al Nafece, Al Muatasm Al Balushi, Mohammed Ramadan

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Rating: 4/5

 

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By Victor Davis Hanson
 

UAE currency: the story behind the money in your pockets
Episode list:

Ep1: A recovery like no other- the unevenness of the economic recovery 

Ep2: PCR and jobs - the future of work - new trends and challenges 

Ep3: The recovery and global trade disruptions - globalisation post-pandemic 

Ep4: Inflation- services and goods - debt risks 

Ep5: Travel and tourism 

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Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

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Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

Rating: 3/5

F1 The Movie

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem

Director: Joseph Kosinski

Rating: 4/5

Key facilities
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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.”

First Person
Richard Flanagan
Chatto & Windus 

Tonight's Chat on The National

Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.

Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.

Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.

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10pm Handicap Dh185,000 (D) 1,400m

 

The National selections

6.30pm Majestic Thunder

7.05pm Commanding

7.40pm Mark Of Approval

8.15pm Mulfit

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9.25pm Walking Thunder

10pm Midnight Sands

Student Of The Year 2

Director: Punit Malhotra

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

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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

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