A Russian test of an anti-satellite missile that created a cloud of debris and endangered humans living aboard the International Space Station has reignited concerns over space junk.
Thanks to a sharp rise in the number of private companies capable of putting satellites in orbit at a greatly reduced cost, the number of objects in space has soared in recent years.
Private companies like Elon Musk’s SpaceX and Jeff Bezos’s Blue Origin are opening up a new era in space flight and small satellites, but experts have for years given warning of the perils of ignoring the problem of space junk before taking the next small steps into the cosmos.
What experts are saying about space junk
“Space junk rises to the level of our national consciousness only when something – an inactive satellite, busted-up rocket boosters, fragments of manned spacecraft – threatens us back on Earth,” US futurist Amy Webb wrote in 2018.
“Space junk is a problem that continues to orbit our collective attention, and within days it will once again circle out of view. We’ll ignore the problem to our own detriment.”
Russia’s missile test last week destroyed an old satellite in low Earth orbit and created a cloud of hundreds of thousands of pieces of debris, 1,500 of which are large enough to track from the ground, prompting US officials to accuse the Russians of “dangerous and irresponsible behaviour”.
After several officials at first denied that Russia was behind the test, Defence Minister Sergei Shoigu eventually defended the action and said the debris did “not pose any threat to space activity”.
But this view was not shared by space officials and experts.
Nasa administrator Bill Nelson said he was “outraged by this irresponsible and destabilising action. With its long and storied history in human spaceflight, it is unthinkable that Russia would endanger not only the American and international partner astronauts on the ISS but also their own cosmonauts.
“All nations have a responsibility to prevent the purposeful creation of space debris from Asats (anti-satellite weapons) and to foster a safe, sustainable space environment,” he said.
The crew of astronauts on board the International Space Station – including two Russian cosmonauts – were forced to take shelter in their re-entry capsules while they passed near the debris cloud, Nasa said.
The US space agency was already tracking more than 100 million pieces of space junk orbiting the Earth.
Even the smallest objects can pose a threat to fragile satellites and orbiting laboratories like the ISS because of the incredibly high speeds at which they are travelling – often in excess of 28,000kph.
Though the near-term threat posed by space junk is largely confined to satellites in low Earth orbit, experts want action now before any unforeseen consequences arise.
“As the number of rocket launches increases, the more space junk there will be – and it's unclear what the long-term effects on the atmosphere may be,” wrote Alice Gorman, a pioneering “space archaeologist”, whose research focuses on space debris.
“The quantity of human materials in orbit is only increasing more rapidly with the launch of "mega-constellations" of communication satellites, like Starlink, SpaceX's plan to provide low-cost satellite internet access,” she wrote.
Calls for better regulation
After the Russian Asat test, Pentagon spokesman John Kirby said the event showed the need for international regulation governing activity in space.
"We've been very clear, we would like to see norms for space so that it can be used responsibly by all spacefaring nations," he said.
While there are international agreements that govern the use of weapons in space – in 1963, the UN General Assembly unanimously adopted a resolution prohibiting the introduction of weapons of mass destruction in outer space – Asat tests such as the one carried out by Russia this week are not illegal.
After a similar Russian test destroyed a satellite in July last year, international space agencies and former astronauts signed an open letter from the Outer Space Institute, calling for a halt to Asat testing.
“The development of mega-constellations along with the expected growth of crewed space missions make debris-generating Asat tests significantly more perilous than before,” the letter said.
The institute said Asat tests could create a domino effect, leading to a cascading series of incidents and creating more and more orbital debris, similar to the disaster depicted in the 2013 film Gravity.
Regulation regarding space junk, the institute said, has “lapsed”.
But a host of space companies and organisations this week committed to redoubling their efforts to find ways of reducing the amount of junk in orbit by 2030.
The Net Zero Space charter, launched on November 12 during the Paris Peace Forum in France, was signed by high-profile space companies including Arianespace and Eutelsat.
“There are about 4,700 operational satellites currently in orbit, and this number could rise to more than 25,000 by the end of the decade," Arianespace chief executive Stephan Israel said.
“We must therefore urgently address the question of our responsibility in relation to the increased use of space, so we can safeguard the benefits for humanity over the long haul.”
Anti-satellite weapons - in pictures
Pakistan Super League
Previous winners
2016 Islamabad United
2017 Peshawar Zalmi
2018 Islamabad United
2019 Quetta Gladiators
Most runs Kamran Akmal – 1,286
Most wickets Wahab Riaz –65
What is the definition of an SME?
SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.
A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors.
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How to register as a donor
1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
4) The campaign uses the hashtag #donate_hope
Emergency
Director: Kangana Ranaut
Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry
Rating: 2/5
The specs: 2018 Mercedes-Benz E 300 Cabriolet
Price, base / as tested: Dh275,250 / Dh328,465
Engine: 2.0-litre four-cylinder
Power: 245hp @ 5,500rpm
Torque: 370Nm @ 1,300rpm
Transmission: Nine-speed automatic
Fuel consumption, combined: 7.0L / 100km
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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MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
About RuPay
A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank
RuPay process payments between banks and merchants for purchases made with credit or debit cards
It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.
In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments
The name blends two words rupee and payment
Some advantages of the network include lower processing fees and transaction costs
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Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
UAE currency: the story behind the money in your pockets
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en