Indian Border Security Force (BSF) soldiers keep vigil at the western sector of India-Pakistan international border at Ranjitpura village, 200 kilometers (125 miles) from Bikaner, Rajasthan state, India, Friday, Dec. 26, 2008. Pakistan began moving thousands of troops away from the Afghan border toward India on Friday amid tensions following the Mumbai attacks, intelligence officials said. (AP Photo/ Vinay Joshi) *** Local Caption ***  VJX102_India_Pakistan.jpg
Indian Border Security Force (BSF) soldiers keep vigil at the western sector of India-Pakistan border, as its neighbour moves thousands of troops away from the Afghan border toward India.

Pakistan deploys troops to border



Pakistan has redeployed thousands of troops to the border with India, officials said today, in an escalation of tensions in the wake of the Mumbai attacks. The Indian prime minister, Manmohan Singh, summoned his military chiefs to review New Delhi's "defence preparedness" while his foreign ministry advised Indians not to travel to Pakistan, saying it was unsafe for them to be in the country. The developments sent ties plummeting to their lowest point since late 2001, when Kashmiri militants staged a brazen attack on the Indian parliament - an attack New Delhi blames on the Pakistan-based extremist group Lashkar-i-Taiba.

India has blamed the same group for the Mumbai attacks and has repeatedly said Islamabad is not doing enough to rein in militant groups, a claim that Pakistan rejects. The nuclear-armed South Asian neighbours, which have fought three wars since independence from Britain in 1947 - two of them over Kashmir, have said they do not want war this time, but warn they would act if provoked. In Islamabad, senior defence and security officials said troops were being moved from the north-west tribal areas bordering Afghanistan, hotbeds of Taliban and al Qa'eda activity, to the eastern border near India.

"We do not want to create any war hysteria but we have to take minimum security measures to ward off any threat," a defence ministry official said. * AFP

All the Money in the World

Director: Ridley Scott

Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer

Four stars

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

Company profile

Company name: FinFlx

Started: January 2021

Founders: Amr Yussif (co-founder and CEO), Mattieu Capelle (co-founder and CTO)

Based in: Dubai

Industry: FinTech

Funding size: $1.5m pre-seed

Investors: Venture capital - Y Combinator, 500 Global, Dubai Future District Fund, Fox Ventures, Vector Fintech. Also a number of angel investors

How will Gen Alpha invest?

Mark Chahwan, co-founder and chief executive of robo-advisory firm Sarwa, forecasts that Generation Alpha (born between 2010 and 2024) will start investing in their teenage years and therefore benefit from compound interest.

“Technology and education should be the main drivers to make this happen, whether it’s investing in a few clicks or their schools/parents stepping up their personal finance education skills,” he adds.

Mr Chahwan says younger generations have a higher capacity to take on risk, but for some their appetite can be more cautious because they are investing for the first time. “Schools still do not teach personal finance and stock market investing, so a lot of the learning journey can feel daunting and intimidating,” he says.

He advises millennials to not always start with an aggressive portfolio even if they can afford to take risks. “We always advise to work your way up to your risk capacity, that way you experience volatility and get used to it. Given the higher risk capacity for the younger generations, stocks are a favourite,” says Mr Chahwan.

Highlighting the role technology has played in encouraging millennials and Gen Z to invest, he says: “They were often excluded, but with lower account minimums ... a customer with $1,000 [Dh3,672] in their account has their money working for them just as hard as the portfolio of a high get-worth individual.”

Star Wars: Episode I – The Phantom Menace

Developer: Big Ape Productions
Publisher: LucasArts
Consoles: PC, PlayStation
Rating: 2/5