The US Congress is pressuring the Biden administration to place sanctions on human rights abusers in Ethiopia’s Tigray region, pointing to the continued failure of Ethiopian and Eritrean forces to withdraw from the region.
"We understand that the Biden administration is reviewing all options, but nothing has been announced or finalised, which is why we are pushing them on this," a congressional aide told The National on Wednesday. "It has been over six months since the conflict started."
The Democratic chairman and top Republican on the House Foreign Affairs Committee – Gregory Meeks of New York and Mike McCaul of Texas – are leading the bipartisan push to convince the Biden administration to use its authorities under the Global Magnitsky Act to levy sanctions on those violating human rights in the Tigray conflict.
“The administration has ample authority from Congress to impose sanctions and other means of financial pressure – they just need to do it,” said the congressional staffer.
Mr Meeks and Mr McCaul doubled down on the issue earlier this week with a joint statement urging the Biden administration to “use all available tools, including sanctions and other restrictive measures, to hold all perpetrators accountable and bring an end to this conflict".
They specifically hammered Ethiopia and Eritrea for failing to live up to their March agreement to remove Eritrean forces from Tigray.
“We are deeply concerned by the failure of the government of Ethiopia and the government of the state of Eritrea to honour their public commitments to withdraw Eritrean forces from Ethiopia,” they said in the statement. “The continued presence of Eritrean forces, who have been credibly implicated in gross violations of human rights in Tigray, is a major impediment to resolving this conflict.”
The congressmen referred to “mounting reports of atrocities against civilians, including sexual and gender-based violence, at the hands of Ethiopian and Eritrean forces and other armed groups".
Jeffrey Feltman, the US envoy for the Horn of Africa, is in the region this week to mediate the Tigray crisis as well as Ethiopia's dispute with Sudan and Egypt over the Grand Ethiopian Renaissance Dam.
Secretary of State Antony Blinken, who has said that "ethnic cleansing" is taking place in Tigray, personally called on Ethiopian and Eritrean forces to withdraw from the region during a phone call with Ethiopian Prime Minister Abiy Ahmed earlier this month.
The State Department did not reply to The National's repeated requests for comment on its Tigray sanctions review.
Mr Meeks and Mr McCaul first raised the prospect of sanctions over the Tigray conflict in a letter to Mr Blinken in March.
“We urge the administration to utilise all available tools, including Global Magnitsky authorities and other targeted sanctions, to hold parties accountable for their actions to bring an end to this crisis,” the congressmen wrote at the time.
“All sides of this conflict, including the Tigray People's Liberation Front, Ethiopian National Defence Forces, Eritrean forces and other armed groups operating in Tigray have been implicated in atrocities against civilians.”
The Tigray conflict erupted last November when Amhara militias joined Ethiopian and Eritrean troops in an offensive against the Tigray People's Liberation Front. The conflict has displaced more than two million people to date and has left another 4.5 million in need of humanitarian assistance.
The US Agency for International Development (USAID) announced an additional $152 million in humanitarian aid for Tigray earlier this month, bringing the total amount of US aid to the region to $305m.
Further complicating matters, Sudanese soldiers swept in to retake much of the disputed Al Fashaga border with Ethiopia after Amhara fighters left the area to fight in Tigray.
Sudan has also echoed Egypt's accusations that Ethiopia is holding up negotiations over the Grand Ethiopian Renaissance Dam, which Cairo says will inhibit access to its fair share of Nile River water.
Killing of Qassem Suleimani
UAE%20SQUAD
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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
More from Neighbourhood Watch
Indika
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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.”
If you go…
Emirates launched a new daily service to Mexico City this week, flying via Barcelona from Dh3,995.
Emirati citizens are among 67 nationalities who do not require a visa to Mexico. Entry is granted on arrival for stays of up to 180 days.
Barbie
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SCORES
Multiply Titans 81-2 in 12.1 overs
(Tony de Zorzi, 34)
bt Auckland Aces 80 all out in 16 overs
(Shawn von Borg 4-15, Alfred Mothoa 2-11, Tshepo Moreki 2-16).
Killing of Qassem Suleimani
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Miss Granny
Director: Joyce Bernal
Starring: Sarah Geronimo, James Reid, Xian Lim, Nova Villa
3/5
(Tagalog with Eng/Ar subtitles)
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
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Sholto Byrnes on Myanmar politics
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The Specs
Engine 3.8-litre, twin-turbo V8
Transmission: eight-speed automatic
Power: 582bhp (542bhp in GTS model)
Torque: 730Nm
Price: Dh649,000 (Dh549,000 for GTS)
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
Torque: 1470Nm N/A rpm
Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
On sale: October to December
Price: From Dh875,000 (estimate)
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The smuggler
Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple.
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.
Khouli conviction
Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.
For sale
A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.
- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico
- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000
- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950