THE HAGUE // Dutch people began voting Wednesday on whether to back a key EU pact with Ukraine in a referendum triggered by grassroots eurosceptic groups and seen as a yardstick on ties with Brussels.
Polling stations opened across the country from early Wednesday, with a small trickle of voters queueing to cast their ballots in the non-binding popular vote on whether the Dutch approve closer ties with Kiev.
The outcome is being closely watched by both the West and Moscow, and a Dutch “No” to the two-year-old treaty with Kiev could pose a headache for the European Union.
“I think it’s good to have a referendum, to be able to say what we think of Brussels. It’s important,” one voter, who identified himself only as Bert, 49, said after voting.
Opinion polls on the eve of the vote on the EU’s so-called Association Agreement with Ukraine gave the “No” vote a slight edge.
And after a slow-to-start, low-key campaign, many observers were watching to see if the 30-percent turnout of the 12.5 million eligible voters needed to ensure the vote is valid would be met.
One Ipsos poll said some 37 percent polled over recent days said they would vote against the deal, around 33 percent were in favour and the rest remained undecided.
The vote is also being anxiously watched in Ukraine, which has moved to knit closer ties with the West since the 2014 ouster of a Moscow-backed president who had rejected the cooperation deal.
Ukrainian President Petro Poroshenko voiced confidence the Dutch people would support the pact, and warned against his country becoming a victim of what he called “an internal Dutch discussion about the future of the European Union”.
But in an early call, anti-immigrant far-right Dutch MP Geert Wilders tweeted to supporters Wednesday: “Everyone vote today. And vote against!”
The referendum’s eurosceptic Dutch organisers have admitted the vote is essentially not about Ukraine, but a handy hook to push a broader anti-EU agenda and “give citizens more say in Brussels”.
It was triggered after organisers used new legislation allowing citizens to voice opinions on legislative decisions if they garner more than 300,000 signatures.
The Netherlands is now the only country in the 28-nation EU still to ratify the accord and the deal has been given the thumbs up by both the upper and lower houses of the Dutch parliament.
“I see the agreement with Ukraine a bit more like collateral damage,” said Aaron Matta, senior researcher at The Hague Institute for Global Justice think-tank.
He warned of wider repercussions of a “No” vote win, for Dutch Prime Minister Mark Rutte’s government - which currently holds the rotating EU presidency - and Kiev.
If there is a “No” vote, the Dutch government “will have to save face... having been placed in an awkward situation,” Mr Matta said.
“The Netherlands will perhaps have to find some way of opting out of the agreement,” he said.
Both the Liberal Prime Minister Rutte and his junior Labour coalition partner have called for a vote in the agreement’s favour.
And European Commission chief Jean-Claude Juncker has warned a “no” vote “could open the doors to a continental crisis”.
But the Dutch government has not done any active campaigning and has repeatedly said it will await the outcome before deciding its next steps.
Russia, which backs separatist rebels in Ukraine’s east, resents Kiev’s tilt towards the West and would relish a vote to prevent it from developing ties with Brussels.
And a “No” win could also be seen as a bellwether for Britain’s own June referendum on whether to leave the EU, dubbed a “Brexit.”
Nigel Farage, leader of the anti-EU UK Independence Party, said in Amsterdam on Monday that a vote against the pact “will send a big message to the British electorate that we are not alone in thinking something has fundamentally gone wrong in the direction of the European Union”.
* Agence France-Presse
Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
THE BIO
Favourite car: Koenigsegg Agera RS or Renault Trezor concept car.
Favourite book: I Am Pilgrim by Terry Hayes or Red Notice by Bill Browder.
Biggest inspiration: My husband Nik. He really got me through a lot with his positivity.
Favourite holiday destination: Being at home in Australia, as I travel all over the world for work. It’s great to just hang out with my husband and family.
What is the Supreme Petroleum Council?
The Abu Dhabi Supreme Petroleum Council was established in 1988 and is the highest governing body in Abu Dhabi’s oil and gas industry. The council formulates, oversees and executes the emirate’s petroleum-related policies. It also approves the allocation of capital spending across state-owned Adnoc’s upstream, downstream and midstream operations and functions as the company’s board of directors. The SPC’s mandate is also required for auctioning oil and gas concessions in Abu Dhabi and for awarding blocks to international oil companies. The council is chaired by Sheikh Khalifa, the President and Ruler of Abu Dhabi while Sheikh Mohamed bin Zayed, Abu Dhabi’s Crown Prince and Deputy Supreme Commander of the Armed Forces, is the vice chairman.
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The biog
Name: Greg Heinricks
From: Alberta, western Canada
Record fish: 56kg sailfish
Member of: International Game Fish Association
Company: Arabian Divers and Sportfishing Charters
THE SIXTH SENSE
Starring: Bruce Willis, Toni Collette, Hayley Joel Osment
Director: M. Night Shyamalan
Rating: 5/5
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
Company%20profile
%3Cp%3EName%3A%20Tabby%3Cbr%3EFounded%3A%20August%202019%3B%20platform%20went%20live%20in%20February%202020%3Cbr%3EFounder%2FCEO%3A%20Hosam%20Arab%2C%20co-founder%3A%20Daniil%20Barkalov%3Cbr%3EBased%3A%20Dubai%2C%20UAE%3Cbr%3ESector%3A%20Payments%3Cbr%3ESize%3A%2040-50%20employees%3Cbr%3EStage%3A%20Series%20A%3Cbr%3EInvestors%3A%20Arbor%20Ventures%2C%20Mubadala%20Capital%2C%20Wamda%20Capital%2C%20STV%2C%20Raed%20Ventures%2C%20Global%20Founders%20Capital%2C%20JIMCO%2C%20Global%20Ventures%2C%20Venture%20Souq%2C%20Outliers%20VC%2C%20MSA%20Capital%2C%20HOF%20and%20AB%20Accelerator.%3Cbr%3E%3C%2Fp%3E%0A
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.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
THE%20STRANGERS'%20CASE
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Sam Smith
Where: du Arena, Abu Dhabi
When: Saturday November 24
Rating: 4/5
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Hidden killer
Sepsis arises when the body tries to fight an infection but damages its own tissue and organs in the process.
The World Health Organisation estimates it affects about 30 million people each year and that about six million die.
Of those about three million are newborns and 1.2 are young children.
Patients with septic shock must often have limbs amputated if clots in their limbs prevent blood flow, causing the limbs to die.
Campaigners say the condition is often diagnosed far too late by medical professionals and that many patients wait too long to seek treatment, confusing the symptoms with flu.
JOKE'S%20ON%20YOU
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The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
What is blockchain?
Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.
The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.
Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.
However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.
Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.
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SHAITTAN
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