Lloyd Austin signalled a new US approach to Nato. AP
Lloyd Austin signalled a new US approach to Nato. AP
Lloyd Austin signalled a new US approach to Nato. AP
Lloyd Austin signalled a new US approach to Nato. AP

Lloyd Austin welcomed by Nato defence chiefs


Jamie Prentis
  • English
  • Arabic

European officials praised America’s new defence chief Lloyd Austin after he addressed senior Nato figures for the first time since US President Joe Biden took office.

Mr Austin was applauded for his country’s new approach to Nato after four years of unpredictable behaviour from previous US president Donald Trump, who frequently harangued the alliance and accused member states of a lack of military spending.

The US defence secretary said that Mr Biden’s administration was keen to “revitalise our relationship with the alliance” and protect member states’ citizens.

Florence Parly, the French Minister of the Armed Forces, spoke positively about Mr Austin’s contribution to the first day of talks between Nato’s defence ministers.

“Very constructive discussions. We share the same ambition of a revitalisation of the alliance. France will play its full part in this collective work of strategic reflection between allies,” she said.

Such positivity was a far cry from 2019 when French President Emmanuel Macron said that Nato was experiencing “brain death” and that the alliance could no longer rely on the US.

Pascal Heyman, Belgium’s Permanent Representative to Nato, said the highlight of the meeting was Mr Austin’s pledge “to turn a new page” and “revitalise alliances”.

Mr Austin reaffirmed US support of the principle of collective defence, the idea that if one Nato member is attacked it is considered an attack against all allies.

Mr Austin is a retired US Army general and held senior military positions in Iraq.

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World Cup warm-up fixtures

Friday, May 24:

  • Pakistan v Afghanistan (Bristol)
  • Sri Lanka v South Africa (Cardiff)

Saturday, May 25

  • England v Australia (Southampton)
  • India v New Zealand (The Oval, London)

Sunday, May 26

  • South Africa v West Indies (Bristol)
  • Pakistan v Bangladesh (Cardiff)

Monday, May 27

  • Australia v Sri Lanka (Southampton)
  • England v Afghanistan (The Oval, London)

Tuesday, May 28

  • West Indies v New Zealand (Bristol)
  • Bangladesh v India (Cardiff)
2019 ASIA CUP POTS

Pot 1
UAE, Iran, Australia, Japan, South Korea, Saudi Arabia

Pot 2
China, Syria, Uzbekistan, Iraq, Qatar, Thailand

Pot 3
Kyrgyzstan, Lebanon, Palestine, Oman, India, Vietnam

Pot 4
North Korea, Philippines, Bahrain, Jordan, Yemen, Turkmenistan

What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

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
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