Moscow deadly for pedestrians



MOSCOW // Alexandra Yagnyukova thought she had little to fear when using a pedestrian crossing on a large thoroughfare near Moscow State University, in the south-west district of the Russian capital. There were, after all, several other pedestrians crossing with her, and Ms Yagnyukova said she looked both ways before stepping onto the road. "The next thing I remember is waking up in a car and someone asking me if I knew what my name is," said Ms Yagnyukova, 23, an airline employee. The driver of the car that hit her while she was on the crossing stopped and called an ambulance, and beyond a few stitches she was relatively unharmed by the accident last year. "I guess I was pretty lucky," Ms Yagnyukova said. Perhaps nothing embodies the savage pace of life in the Russian capital like drivers' widespread disregard for pedestrians. Anyone who has ever attempted to cross a street in Moscow, even at a crossing or traffic lights, knows how fraught with peril this mission can be. Not only do Moscow drivers rarely stop for pedestrians, they often speed up to ensure the would-be crossers stay where they are. But the problem is not confined to Moscow. Russian authorities registered more than 35,000 road accidents across the country involving pedestrians and cars in the first six months of this year, said Alexander Koval, a road safety specialist and a member of Russia's lower house of parliament, the State Duma. According to data from the Russian interior ministry, in that same period a total of 5,190 pedestrians were killed or injured by cars while attempting to cross the street on crossings. The road safety department said in a statement in August it was becoming increasingly concerned with the number of car accidents involving pedestrians. Mr Koval has submitted legislation to the State Duma proposing a tenfold increase in the fine for drivers who refuse to stop for pedestrians at crosswalks to 1,000 rubles (Dh136). "While the driver is protected, the pedestrian is completely unprotected in crosswalks," he told state-run Interfax news agency. Such a law could prove effective in making drivers think twice before rumbling through a crosswalk, said Yulia Bachinskaya, head of a foundation that helps road accident victims. Ms Bachinskaya cited as an example a law that came into force this year increasing fines for people who do not buckle their seatbelts. "After increasing the fines for not buckling up, the number of unbuckled drivers dropped significantly," said Ms Bachinskaya, the widow of a popular Russian radio host killed in a car accident in January. "One could assume that the law [on crosswalks] would have the necessary effect." Ms Bachinskaya attributed Russian drivers' reluctance to cede pedestrians' right-of-way to "a lack of elementary driving culture". "In the West, drivers stop and allow pedestrians to cross," she said. "After returning to Russia, you immediately feel the sharp contrast. Only a few drivers let anyone cross, even at crosswalks." She said Russia could learn from western countries by implementing harsh and expensive punishments for violators of traffic laws. Russian drivers can often be heard complaining about "impudent" pedestrians walking willy-nilly about the road and crossing wherever they like. It is true that jaywalking in Moscow is rampant, and combined with drivers' utter disregard for crossings, a vicious circle is created in which it seems one is almost as likely to be hit by a car inside a crossing as outside. According to traffic police and road safety experts, Russian drivers claim that by not stopping at crossing they are actually doing pedestrians a favour. "Many drivers say that if they stop at a crosswalk, the driver in the next lane over won't and the pedestrian won't see the oncoming car," a traffic police spokeswoman said. Shocking scenes of cars crashing into mothers crossing the street with baby carriages have featured on the evening news in recent weeks on state-run television. Moreover, given the reckless driving in Moscow, stopping at a crossing can be dangerous for drivers too. Ms Yagnyukova, the airline employee who was run over last year, said a driver once crashed into the back of her brother's car as he stopped for a woman pushing a baby carriage on a pedestrian crossing. "The driver behind him didn't expect him to stop and slammed into his car from behind," she said. Ms Bachinskaya, who has a young child, said when she gets to a crosswalk with her baby she asks someone to watch the carriage while she steps out and checks for traffic and when the coast is clear they cross. "Unfortunately, a person with a child at a crosswalk does not always mean people will stop and let you pass," Ms Bachinskaya said. cschreck@thenational.ae

Confirmed bouts (more to be added)

Cory Sandhagen v Umar Nurmagomedov
Nick Diaz v Vicente Luque
Michael Chiesa v Tony Ferguson
Deiveson Figueiredo v Marlon Vera
Mackenzie Dern v Loopy Godinez

Tickets for the August 3 Fight Night, held in partnership with the Department of Culture and Tourism Abu Dhabi, went on sale earlier this month, through www.etihadarena.ae and www.ticketmaster.ae.

ARGYLLE

Director: Matthew Vaughn

Starring: Bryce Dallas Howard, Sam Rockwell, John Cena

Rating: 3/5

SCORES

Yorkshire Vikings 144-1 in 12.5 overs
(Tom Kohler 72 not out, Harry Broook 42 not out)
bt Hobart Hurricanes 140-7 in 20 overs
(Caleb Jewell 38, Sean Willis 35, Karl Carver 2-29, Josh Shaw 2-39)

Top 10 in the F1 drivers' standings

1. Sebastian Vettel, Ferrari 202 points

2. Lewis Hamilton, Mercedes-GP 188

3. Valtteri Bottas, Mercedes-GP 169

4. Daniel Ricciardo, Red Bull Racing 117

5. Kimi Raikkonen, Ferrari 116

6. Max Verstappen, Red Bull Racing 67

7. Sergio Perez, Force India 56

8. Esteban Ocon, Force India 45

9. Carlos Sainz Jr, Toro Rosso 35

10. Nico Hulkenberg, Renault 26

COMPANY PROFILE

Company name: Co Chocolat

Started: 2017

Founders: Iman and Luchie Suguitan

Based: Dubai, UAE

Industry: Food

Funding: $1 million-plus

Investors: Fahad bin Juma, self-funding, family and friends

COMPANY PROFILE

Company: Eco Way
Started: December 2023
Founder: Ivan Kroshnyi
Based: Dubai, UAE
Industry: Electric vehicles
Investors: Bootstrapped with undisclosed funding. Looking to raise funds from outside

The specs

Engine: 6.5-litre V12
Power: 725hp at 7,750rpm
Torque: 716Nm at 6,250rpm
Transmission: 8-speed dual-clutch auto
On sale: Q4 2023
Price: From Dh1,650,000

AndhaDhun

Director: Sriram Raghavan

Producer: Matchbox Pictures, Viacom18

Cast: Ayushmann Khurrana, Tabu, Radhika Apte, Anil Dhawan

Rating: 3.5/5

SPECS

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

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.”

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

match info

Union Berlin 0

Bayern Munich 1 (Lewandowski 40' pen, Pavard 80')

Man of the Match: Benjamin Pavard (Bayern Munich)

Top 10 most competitive economies

1. Singapore
2. Switzerland
3. Denmark
4. Ireland
5. Hong Kong
6. Sweden
7. UAE
8. Taiwan
9. Netherlands
10. Norway

SPECS

Engine: 2-litre direct injection turbo
Transmission: 7-speed automatic
Power: 261hp
Torque: 400Nm
Price: From Dh134,999

Tips for holiday homeowners

There are several factors for landlords to consider when preparing to establish a holiday home:

  • Revenue potential of the unit: location, view and size
  • Design: furnished or unfurnished. Is the design up to standard, while being catchy at the same time?
  • Business model: will it be managed by a professional operator or directly by the owner, how often does the owner wants to use it for personal reasons?
  • Quality of the operator: guest reviews, customer experience management, application of technology, average utilisation, scope of services rendered

Source: Adam Nowak, managing director of Ultimate Stay Vacation Homes Rental

Quick pearls of wisdom

Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”

Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.” 

The Beekeeper

Director: David Ayer 

Starring: Jason Statham, Josh Hutcherson, Emmy Raver-Lampman, Minnie Driver, Jeremy Irons

Rating: 3/5


View from London

Your weekly update from the UK and Europe

      By signing up, I agree to The National's privacy policy
      View from London