Joe Biden and Boris Johnson found common ground in their much-anticipated first meeting as leaders of the US and UK on Thursday.
The two leaders met on England's Cornish coast on the eve of this weekend's G7 summit.
They proclaimed a new “Atlantic Charter” to reinvigorate the transatlantic alliance, named after the 1941 pact between wartime leaders Winston Churchill and Franklin D. Roosevelt.
As part of their agreements, the US and UK will combine efforts to tackle future pandemics through global surveillance and genomic sequencing.
The leaders discussed Afghanistan, China, Iran and Russia among other foreign policy issues.
The summit took place under the cloud of tensions over Northern Ireland which had the potential to overshadow the talks.
But greeting Mr Johnson at a seaside hotel, Mr Biden said: “I’m very pleased to be here”.
Speaking after the talks, Mr Johnson described Mr Biden as a “breath of fresh air”.
“The talks were great, they went on for a long time,” he said. “We covered a huge range of subjects.
“It’s wonderful to listen to the Biden administration and to Joe Biden. There’s so much that they want to do together with us, from security and Nato to climate change.”
Asked whether Mr Biden had raised the alarm with Britain about Northern Ireland, Mr Johnson said: "No he didn't".
Amid reports of a formal diplomatic rebuke, the US warned the UK before the talks that it would oppose any move that would undermine the 1998 peace agreement in Northern Ireland.
But Mr Johnson said the UK, US and EU all wanted to uphold the Good Friday Agreement.
"That is absolutely common ground," Mr Johnson said.
Mr Biden said the talks had been "very productive".
"We discharged and discussed a broad range of issues on which the United Kingdom and the United States are working in very close co-operation," he said.
“We talked about the shared sacrifices our service members have made, bravely serving side by side in Afghanistan for close to 20 years.
“The UK was with us from the start as they always are, equally committed to rooting out the terrorist threat.”
The leaders said they would work towards a future UK-US trade agreement and seek to re-open transatlantic travel.
Making his first foreign trip as president, Mr Biden called for global collaboration to rebuild after Covid-19.
The agreement on pandemic preparedness will see the UK's Health Security Agency collaborate with an arm of the US Centres for Disease Control and Prevention.
They will aim to establish an early warning system to help lower-income countries who do not have the same surveillance capabilities.
Britain said it was "vital the whole world has access to the UK and US's sophisticated surveillance and sequencing technologies".
"We are sharing our expertise with the world," said UK Health Secretary Matt Hancock.
With the world looking to the G7 to help overcome the pandemic, Mr Biden and Mr Johnson are calling for efforts to boost global vaccine supplies.
The US will donate half a billion doses to poorer countries in the next year, the White House announced on Thursday.
Mr Johnson is calling for a pledge to vaccinate the world by the end of 2022.
Wartime echo
Thursday's summit was the first in-person meeting of UK and US leaders since the end of the tumultuous Donald Trump years.
Mr Biden once described Mr Johnson as a "physical and emotional clone" of Mr Trump.
But since Mr Biden's election, the UK has sought to stress its alignment with him on issues such as climate change.
The leaders had planned to visit the spectacular island of St. Michael’s Mount but the trip was scrapped because of bad weather.
Instead, they met above the beach at the G7 site in Carbis Bay and looked out at the ocean while trading pleasantries.
The two leaders were joined at the Cornwall hotel by their wives Carrie Johnson and Jill Biden.
Eighty years ago, the US president and British prime minister stood together promising a better future. Today, we do the same
Mrs Biden told reporters that her husband was “over prepared” for his meetings during his week in Europe.
“He’s been studying for weeks, working up to today,” she said. “Joe loves foreign policy.”
The event was Mrs Johnson's first major public engagement since she married the Prime Minister on May 29.
"We both married way above our station," Mr Biden joked.
“I’m not going to disagree with you on that,” said Mr Johnson, “or indeed on anything else.”
The first ladies spent the afternoon walking on the Cornish beach together while the leaders held talks.
Mr Biden said the revitalised Atlantic Charter was aimed to "speak directly to the challenges of this century" such as climate change and cyber security.
"We discussed our common goals for driving ambitious climate action to address the climate crisis," he said.
Mr Biden spoke of the UK's "special relationship" with the US, although Mr Johnson has signalled that he dislikes the term.
Mr Johnson described the UK and US as "the closest of partners and the greatest of allies" as he announced the symbolic charter.
"While Churchill and Roosevelt faced the question of how to help the world recover following a devastating war, today we have to reckon with a very different but no less intimidating challenge – how to build back better from the coronavirus pandemic," he said.
"Eighty years ago, the US president and British prime minister stood together promising a better future. Today, we do the same."
Mr Biden's national security adviser Jake Sullivan described the pact as a "refresher" of the wartime charter.
"There will be an updated statement of principles between the US and the UK as free peoples," he said.
Transatlantic travel plans
The new charter calls for action on climate change, biodiversity, cyber threats and economic recovery from the pandemic.
As part of this recovery, Mr Biden and Mr Johnson will seek to relaunch UK-US travel as soon as possible.
A task force will be set up to make recommendations on how to resume transatlantic flights, which have mostly been banned since March 2020.
Mr Johnson will host the three-day G7 summit starting on Friday, attended by Mr Biden and the leaders of Germany, France, Italy, Japan, Canada and the EU.
Adding to the pressure on Mr Johnson over Northern Ireland, EU leaders said on Thursday that they would tackle the subject at the G7.
"The protocol and the withdrawal agreement has to be implemented, completely," said European Commission chief Ursula von der Leyen.
"We will discuss that in a trilateral meeting in Cornwall together. We are determined to do everything to keep peace and stability on the island of Ireland."
Europe is threatening retaliatory action, including tariffs, if the new trading arrangements are not implemented.
After the G7, Mr Biden will visit Queen Elizabeth II at Windsor Castle and fly to Brussels for summits with Nato and EU leaders next week.
He will finish his European tour in Geneva, where he will meet Russia's President Vladimir Putin next Wednesday.
Mr Biden said he planned to "meet with Mr Putin to let him know what I want him to know".
"We're not seeking conflict with Russia. We want a stable, predictable relationship," he said.
"But I've been clear – the United States will respond in a robust and meaningful way when the Russian government engages in harmful activities."
How to join and use Abu Dhabi’s public libraries
• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.
• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.
• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.
• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.
• For more information visit the library network's website.
The specs: 2017 Porsche 718 Cayman
Price, base / as tested Dh222,500 / Dh296,870
Engine 2.0L, flat four-cylinder
Transmission Seven-speed PDK
Power 300hp @ 6,500rpm
Torque 380hp @ 1,950rpm
Fuel economy, combined 6.9L / 100km
AUSTRALIA SQUAD
Tim Paine (captain), Sean Abbott, Pat Cummins, Cameron Green, Marcus Harris, Josh Hazlewood, Travis Head, Moises Henriques, Marnus Labuschagne, Nathan Lyon, Michael Neser, James Pattinson, Will Pucovski, Steve Smith, Mitchell Starc, Mitchell Swepson, Matthew Wade, David Warner
NYBL PROFILE
Company name: Nybl
Date started: November 2018
Founder: Noor Alnahhas, Michael LeTan, Hafsa Yazdni, Sufyaan Abdul Haseeb, Waleed Rifaat, Mohammed Shono
Based: Dubai, UAE
Sector: Software Technology / Artificial Intelligence
Initial investment: $500,000
Funding round: Series B (raising $5m)
Partners/Incubators: Dubai Future Accelerators Cohort 4, Dubai Future Accelerators Cohort 6, AI Venture Labs Cohort 1, Microsoft Scale-up
Points tally
1. Australia 52; 2. New Zealand 44; 3. South Africa 36; 4. Sri Lanka 35; 5. UAE 27; 6. India 27; 7. England 26; 8. Singapore 8; 9. Malaysia 3
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 247hp at 6,500rpm
Torque: 370Nm from 1,500-3,500rpm
Transmission: 10-speed auto
Fuel consumption: 7.8L/100km
Price: from Dh94,900
On sale: now
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)
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.”
Drishyam 2
Directed by: Jeethu Joseph
Starring: Mohanlal, Meena, Ansiba, Murali Gopy
Rating: 4 stars
The%20specs
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The Voice of Hind Rajab
Starring: Saja Kilani, Clara Khoury, Motaz Malhees
Director: Kaouther Ben Hania
Rating: 4/5
Uefa Nations League: How it Works
The Uefa Nations League, introduced last year, has reached its final stage, to be played over five days in northern Portugal. The format of its closing tournament is compact, spread over two semi-finals, with the first, Portugal versus Switzerland in Porto on Wednesday evening, and the second, England against the Netherlands, in Guimaraes, on Thursday.
The winners of each semi will then meet at Porto’s Dragao stadium on Sunday, with the losing semi-finalists contesting a third-place play-off in Guimaraes earlier that day.
Qualifying for the final stage was via League A of the inaugural Nations League, in which the top 12 European countries according to Uefa's co-efficient seeding system were divided into four groups, the teams playing each other twice between September and November. Portugal, who finished above Italy and Poland, successfully bid to host the finals.
Silent Hill f
Publisher: Konami
Platforms: PlayStation 5, Xbox Series X/S, PC
Rating: 4.5/5
SPECS
%3Cp%3EEngine%3A%20Twin-turbocharged%204-litre%20V8%3Cbr%3EPower%3A%20625%20bhp%3Cbr%3ETorque%3A%20630Nm%3Cbr%3EOn%20sale%3A%20Now%3Cbr%3EPrice%3A%20From%20Dh974%2C011%3C%2Fp%3E%0A
All the Money in the World
Director: Ridley Scott
Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer
Four stars
The Buckingham Murders
Starring: Kareena Kapoor Khan, Ash Tandon, Prabhleen Sandhu
Director: Hansal Mehta
Rating: 4 / 5
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
'Unrivaled: Why America Will Remain the World’s Sole Superpower'
Michael Beckley, Cornell Press
Coming soon
Torno Subito by Massimo Bottura
When the W Dubai – The Palm hotel opens at the end of this year, one of the highlights will be Massimo Bottura’s new restaurant, Torno Subito, which promises “to take guests on a journey back to 1960s Italy”. It is the three Michelinstarred chef’s first venture in Dubai and should be every bit as ambitious as you would expect from the man whose restaurant in Italy, Osteria Francescana, was crowned number one in this year’s list of the World’s 50 Best Restaurants.
Akira Back Dubai
Another exciting opening at the W Dubai – The Palm hotel is South Korean chef Akira Back’s new restaurant, which will continue to showcase some of the finest Asian food in the world. Back, whose Seoul restaurant, Dosa, won a Michelin star last year, describes his menu as, “an innovative Japanese cuisine prepared with a Korean accent”.
Dinner by Heston Blumenthal
The highly experimental chef, whose dishes are as much about spectacle as taste, opens his first restaurant in Dubai next year. Housed at The Royal Atlantis Resort & Residences, Dinner by Heston Blumenthal will feature contemporary twists on recipes that date back to the 1300s, including goats’ milk cheesecake. Always remember with a Blumenthal dish: nothing is quite as it seems.
Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
The specs
Engine: 4-litre twin-turbo V8
Transmission: nine-speed
Power: 542bhp
Torque: 700Nm
Price: Dh848,000
On sale: now
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
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England-South Africa Test series
1st Test England win by 211 runs at Lord's, London
2nd Test South Africa win by 340 runs at Trent Bridge, Nottingham
3rd Test July 27-31 at The Oval, London
4th Test August 4-8 at Old Trafford, Manchester
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.