• Children at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada, in 1931. EPA
    Children at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada, in 1931. EPA
  • A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1933. EPA
    A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1933. EPA
  • Children at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1944. EPA
    Children at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1944. EPA
  • A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1937. EPA
    A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1937. EPA
  • A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1937. EPA
    A gathering at the Kamloops Indian Residential School in Kamloops, British Columbia, Canada in 1937. EPA
  • A new classroom building at the Kamloops Indian Residential School is seen in Kamloops, British Columbia, Canada circa 1950. Reuters
    A new classroom building at the Kamloops Indian Residential School is seen in Kamloops, British Columbia, Canada circa 1950. Reuters
  • The main administrative building at the Kamloops Indian Residential School is seen in Kamloops, British Columbia, Canada circa 1970. Reuters
    The main administrative building at the Kamloops Indian Residential School is seen in Kamloops, British Columbia, Canada circa 1970. Reuters

Forensic work begins in Canada at mass grave of 215 First Nations children


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Efforts were under way on Sunday to identify the remains of 215 children, some as young as three, who were found buried on the site of what was once Canada's largest Indigenous residential school – one of the institutions that held children taken from families across the nation.

The discovery has shocked Canadians and led to a period of national self-reflection on a dark chapter in the country's history.

Chief Rosanne Casimir of the Tk'emlups te Secwépemc First Nation said the remains were confirmed last weekend with the help of ground-penetrating radar.

More bodies may be found, because there are more areas to search on the school grounds, she said.

Earlier, she called the discovery an "unthinkable loss that was spoken about but never documented at the Kamloops Indian Residential School".

From the 19th century until the 1970s, more than 150,000 First Nations children were required to attend state-funded Christian schools as part of a programme to assimilate them into Canadian society.

They were forced to convert to Christianity and not allowed to speak their native languages. Many were beaten and verbally abused, and up to 6,000 are said to have died.

The Canadian government apologised in Parliament in 2008 and admitted that physical and sexual abuse in the schools was rampant.

Many students recall being beaten for speaking their native languages. They also lost touch with their parents and customs.

Indigenous leaders said abuse and isolation were the root cause of epidemic rates of alcoholism and drug addiction on reservations.

A report more than five years ago by a Truth and Reconciliation Commission said at least 3,200 children had died amid abuse and neglect, and it said it had reports of at least 51 deaths at the Kamloops school alone between 1915 and 1963.

“This really resurfaces the issue of residential schools and the wounds from this legacy of genocide towards Indigenous people,” Terry Teegee, Assembly of First Nations regional chief for British Columbia, said on Friday.

Forensic investigation 

The remains were detected and not exhumed. Lisa Lapointe, chief coroner in British Columbia, said it was advised by the Tk'emlúps te Secwépemc on Thursday about the discovery of a burial site located adjacent to the former Kamloops Indian Residential School.

"We are early in the process of gathering information and will continue to work collaboratively with the Tk'emlúps te Secwépemc and others as this sensitive work progresses," Ms Lapointe said.

“We recognise the tragic, heartbreaking devastation that the Canadian residential school system has inflicted upon so many, and our thoughts are with all of those who are in mourning today.”

A radar specialist is continuing to complete a survey of the ground. It is anticipated that by mid-June a a full report will be ready. Ms Casimir said it would be shared publicly after first being disclosed to her band's membership and other local First Nations chiefs.

People lay flowers in front of the administration building at the former Kamloops Indian Residential School, in British Columbia, Canada, after the remains of 215 children were found. Reuters
People lay flowers in front of the administration building at the former Kamloops Indian Residential School, in British Columbia, Canada, after the remains of 215 children were found. Reuters

She said the band would also be looking into what it can do to repatriate the remains and honour the children and the families affected.

British Columbia Premier John Horgan said he was "horrified and heart-broken" to learn of the discovery, calling it a tragedy of "unimaginable proportions" that highlighted the violence and consequences of the residential school system.

The Kamloops school operated between 1890 and 1969, when the federal government took over operations from the Catholic Church and operated it as a day school until it closed in 1978.

Ms Casimir said the deaths were believed to be undocumented, although a local museum archivist was working with the Royal British Columbia Museum to see if death records could be found.

"Given the size of the school, with up to 500 students registered and attending at any one time, we understand that this confirmed loss affects First Nations communities across British Columbia and beyond," Ms Casimir said.


She said band officials were informing community members and surrounding communities that had children who attended the school.

The First Nations Health Authority called the discovery of the remains “extremely painful” and said in a website posting that it “will have a significant impact on the Tk’emlúps community and in the communities served by this residential school.”

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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.”

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The President's Cake

Director: Hasan Hadi

Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem 

Rating: 4/5

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

War 2

Director: Ayan Mukerji

Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana

Rating: 2/5

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

UAE v Ireland

1st ODI, UAE win by 6 wickets

2nd ODI, January 12

3rd ODI, January 14

4th ODI, January 16