UK swelters in rare spell of sun


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LONDON // Britain found itself in the grips yesterday of the worst heatwave in the history of the world. Or, at least, you might have thought that if the media headlines were to be believed. And the British, whose penchant for discussing, dissecting and generally moaning about the weather is justifiably legendary, seemed inclined to believe them.

Of course, the fact that temperatures of 48 Celsius had brought power cuts and deaths to New Delhi was largely ignored, as was the severe heatwave affecting parts of the United States. And nobody even mentioned that Finland and Norway were enduring hotter weather than that expected in the southern half of the UK this week. No, the only salient fact to the British yesterday was that it was expected to reach 30 degrees in London, with 32 predicted by the end of the week.

All of which might seem pretty tame by Gulf standards at this time of year, but it was enough to put the British press on red alert. "We'll All Sizzle for a Week as Britain Beats the Med" proclaimed the Daily Mirror headline, while the rival Sun decreed that "killer heat" was on the way. Bookmakers have reportedly cut the odds, to 7/1 from 8/1, on Britain having its hottest summer ever and have been taking bets that the UK will be hotter than either Antigua and Hawaii on July 1.

It can only be a matter of time before the newspapers begin carrying pictures of zoo elephants being hosed down to keep them cool - a sure sign that the UK is having a couple of days of decent weather. The government has responded by putting into operation its heatwave plan in the wake of the first official "heat health" warning issued by the UK Meteorological (Met) Office for England and Wales. Hospital staff have been warned to expect a surge in admissions of elderly people suffering from the heat, and the department of health has asked people to check on the condition of vulnerable neighbours and family members.

The health department is advising people with serious health problems, such as heart conditions, to avoid leaving their homes between 11am and 3pm, even though mad dogs and Englishmen are known to favour the midday sun. People are also being advised against excessive exposure to the sun, to avoid tea, coffee and alcohol because they can cause dehydration, to drink plenty of water and to avoid strenuous activities.

Tennis fans attending the Wimbledon championships were being told to wear hats and use plenty of sun block. The heat health warning issued by the Met Office was its first under a scheme introduced after a major heatwave six years ago when 2,000 people, most of them elderly, died in temperatures that reached a record 38.5. Wayne Elliott, head of health forecasting at the Met Office, explained: "We have been working closely with the department of health to develop this service aimed at the vulnerable, especially the elderly."

An area of high pressure stuck over the UK is responsible for the current heatwave, which will mainly affect central and southern England, but is also bringing pleasantly warm weather to the rest of the country. Scientists believe that climate change will make heatwaves in temperate zone countries, such as the UK, increasingly frequent. At least the current one, after weeks of talk about MPs fiddling their expenses, has offered the British the opportunity to return to a more normal topic of conversation.

dsapsted@thenational.ae

Meatless Days
Sara Suleri, with an introduction by Kamila Shamsie
​​​​​​​Penguin 

THE BIO

Age: 30

Favourite book: The Power of Habit

Favourite quote: "The world is full of good people, if you cannot find one, be one"

Favourite exercise: The snatch

Favourite colour: Blue

It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Polarised public

31% in UK say BBC is biased to left-wing views

19% in UK say BBC is biased to right-wing views

19% in UK say BBC is not biased at all

Source: YouGov

The Pope's itinerary

Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport


Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial


Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport

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Other must-tries

Tomato and walnut salad

A lesson in simple, seasonal eating. Wedges of tomato, chunks of cucumber, thinly sliced red onion, coriander or parsley leaves, and perhaps some fresh dill are drizzled with a crushed walnut and garlic dressing. Do consider yourself warned: if you eat this salad in Georgia during the summer months, the tomatoes will be so ripe and flavourful that every tomato you eat from that day forth will taste lacklustre in comparison.

Badrijani nigvzit

A delicious vegetarian snack or starter. It consists of thinly sliced, fried then cooled aubergine smothered with a thick and creamy walnut sauce and folded or rolled. Take note, even though it seems like you should be able to pick these morsels up with your hands, they’re not as durable as they look. A knife and fork is the way to go.

Pkhali

This healthy little dish (a nice antidote to the khachapuri) is usually made with steamed then chopped cabbage, spinach, beetroot or green beans, combined with walnuts, garlic and herbs to make a vegetable pâté or paste. The mix is then often formed into rounds, chilled in the fridge and topped with pomegranate seeds before being served.

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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.”

The five pillars of Islam
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Six large-scale objects on show
  • Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
  • The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
  • A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
  • Frank Lloyd Wright’s 1930s Kaufmann Office
  • A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
  • Torrijos Palace dome