A craftsman adds parts to the sculpture 'Climate Tree' during the UN Climate Change Conference COP23 in Bonn, Germany. Ronald Wittek / EPA
A craftsman adds parts to the sculpture 'Climate Tree' during the UN Climate Change Conference COP23 in Bonn, Germany. Ronald Wittek / EPA
A craftsman adds parts to the sculpture 'Climate Tree' during the UN Climate Change Conference COP23 in Bonn, Germany. Ronald Wittek / EPA
A craftsman adds parts to the sculpture 'Climate Tree' during the UN Climate Change Conference COP23 in Bonn, Germany. Ronald Wittek / EPA

Beyond the Headlines Podcast: In spite of Trump, world rallies around Paris Agreement


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  • Arabic

Less than two years into the Paris Agreement, where 196 countries agreed to curb climate change to less than two degrees this century, the goal is beginning to slip out of reach. President Donald Trump's decision to withdraw the United States from the accord has been a shock to the rest of the world as it comes to grips with how to fill the gap. We record live from COP 23 in Bonn, Germany where the other 195 countries have gathered to figure out how to save the world.

Lou Leonard from the World Wildlife Fund explains that not all hope is lost. A campaign launched by over 2,500 American entities, ranging from state governments to individual universities, have signed the “We are still in” declaration to make sure that their organizations still represent US commitments to the Paris Agreement independently from the federal government’s decision.

Niranjali Amerasinghe from the World Resources Institute tells us how the burden-sharing and finance, a hotly debated and intricate aspect of the Paris Agreement, will be influenced by Washington's decision to pull out.

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Only a change in mindset and lifestyle can help us move towards a truly 'green' future

UAE currency: the story behind the money in your pockets
Teams

Pakistan: Sarfraz Ahmed (captain), Mohammad Hafeez, Sahibzada Farhan, Babar Azam, Shoaib Malik, Asif Ali, Shadab Khan, Shaheen Shah Afridi, Usman Khan Shanwari, Hasan Ali, Imad Wasim, Faheem Ashraf.

New Zealand: Kane Williamson (captain), Corey Anderson, Mark Chapman, Lockie Ferguson, Colin de Grandhomme, Adam Milne, Colin Munro, Ajaz Patel, Glenn Phillips, Seth Rance, Tim Seifert, Ish Sodhi, Tim Southee, Ross Taylor.

Emergency phone numbers in the UAE

Estijaba – 8001717 –  number to call to request coronavirus testing

Ministry of Health and Prevention – 80011111

Dubai Health Authority – 800342 – The number to book a free video or voice consultation with a doctor or connect to a local health centre

Emirates airline – 600555555

Etihad Airways – 600555666

Ambulance – 998

Knowledge and Human Development Authority – 8005432 ext. 4 for Covid-19 queries

The biog

Favourite films: Casablanca and Lawrence of Arabia

Favourite books: Start with Why by Simon Sinek and Good to be Great by Jim Collins

Favourite dish: Grilled fish

Inspiration: Sheikh Zayed's visionary leadership taught me to embrace new challenges.

Should late investors consider cryptocurrencies?

Wealth managers recommend late investors to have a balanced portfolio that typically includes traditional assets such as cash, government and corporate bonds, equities, commodities and commercial property.

They do not usually recommend investing in Bitcoin or other cryptocurrencies due to the risk and volatility associated with them.

“It has produced eye-watering returns for some, whereas others have lost substantially as this has all depended purely on timing and when the buy-in was. If someone still has about 20 to 25 years until retirement, there isn’t any need to take such risks,” Rupert Connor of Abacus Financial Consultant says.

He adds that if a person is interested in owning a business or growing a property portfolio to increase their retirement income, this can be encouraged provided they keep in mind the overall risk profile of these assets.

 

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

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Auður Ava Ólafsdóttir
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