A view of Pangong Tso lake in Ladakh region July 27, 2019. Picture taken July 27, 2019. Reuters
A view of Pangong Tso lake in Ladakh region July 27, 2019. Picture taken July 27, 2019. Reuters
A view of Pangong Tso lake in Ladakh region July 27, 2019. Picture taken July 27, 2019. Reuters
A view of Pangong Tso lake in Ladakh region July 27, 2019. Picture taken July 27, 2019. Reuters

From India-China clash to North Korea escalation: the non-coronavirus news you might have missed


  • English
  • Arabic

At least three soldiers killed in India-China clash

At least three Indian soldiers, including a senior army officer, have been killed in a confrontation with Chinese soldiers along a disputed frontier high in the Himalayas, the Indian army said on Tuesday.

Thousands of troops on both sides have been facing off in the area for more than a month. China is thought to have also lost soldiers in the confrontation, but has not released any official figures.

The army said a “violent faceoff” took place in Galwan valley in the Ladakh region on Monday night “with casualties on both sides.”

“The loss of lives on the Indian side includes an officer and two soldiers,” it said. “Senior military officials of the two sides are currently meeting at the venue to defuse the situation.”

North Korea blows up inter-Korean liaison office near border with South

North Korea blew up an inter-Korean liaison office on its side of the border on Tuesday, after days of increasingly virulent rhetoric from Pyongyang.

The demolition came after Kim Yo Jong - the powerful sister of North Korean leader Kim Jong-un - said at the weekend the "useless north-south joint liaison office" would soon be seen "completely collapsed".

Footage of the explosion released by Seoul's presidential Blue House showed a blast rolling across several buildings just across the border in Kaesong, with a nearby tower partially collapsing as clouds of smoke rose into the sky.

Analysts say Pyongyang may be seeking to manufacture a crisis to increase pressure on Seoul while nuclear negotiations with Washington are at a standstill.

After an emergency meeting, the National Security Council said it would "react strongly" if Pyongyang "continues to take steps that aggravate the situation".

"All responsibility for repercussions stemming from this action falls squarely on the North," it added.

UN rights experts condemn Israel's annexation plan and US support

UN human rights experts said on Tuesday that Israel's plan to annex significant parts of the occupied West Bank would violate international law banning the taking of territory by force, and urged other countries to actively oppose it.

A joint statement, signed by nearly 50 independent experts, voiced dismay at US support for Prime Minister Benjamin Netanyahu's "unlawful" plan to extend sovereignty, de facto annexation of land that the Palestinians seek for a state.

"The annexation of occupied territory is a serious violation of the Charter of the United Nations and the Geneva Conventions, and contrary to the fundamental rule affirmed many times by the United Nations Security Council and General Assembly that the acquisition of territory by war or force is inadmissible," it said.

"What would be left of the West Bank after annexation of about 30 per cent would amount to a "Palestinian Bantustan", it said.

There was no immediate reaction from the government of Mr Netanyahu, who has set July 1 as the date to begin advancing his plan to annex Israel's settlements and the Jordan Valley in the occupied West Bank, hoping for a green light from Washington.

US President Donald Trump has unveiled a peace plan that includes Israel keeping its settlements and the Palestinians establishing a state under stringent conditions.

Palestinians have rejected the proposal and voiced outrage at Israel's proposed annexation.

  • A man holding an American flag helps block traffic on Seventh Avenue during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
    A man holding an American flag helps block traffic on Seventh Avenue during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
  • People march during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
    People march during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
  • People march during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
    People march during a Black Lives Matter protest against police brutality as part of the larger public response sparked by the recent death of George Floyd, an African-American man who was killed last month while in the custody of the Minneapolis police, in New York. EPA
  • Riot policemen arrest a demonstrator during a protest against police brutality and in support of the Black Lives Matter movement in Bogota. AFP
    Riot policemen arrest a demonstrator during a protest against police brutality and in support of the Black Lives Matter movement in Bogota. AFP
  • Jaylen Cavil, of Des Moines, Iowa, takes a cell phone photo during a Black Lives Matter demonstration outside Iowa Governor Kim Reynolds' office in Des Moines, Iowa. AP Photo
    Jaylen Cavil, of Des Moines, Iowa, takes a cell phone photo during a Black Lives Matter demonstration outside Iowa Governor Kim Reynolds' office in Des Moines, Iowa. AP Photo
  • Supporters of Black Lives Matter block Cordova street near a Vancouver Police Department building to protest against racial inequality in Vancouver, British Columbia, Canada. Reuters
    Supporters of Black Lives Matter block Cordova street near a Vancouver Police Department building to protest against racial inequality in Vancouver, British Columbia, Canada. Reuters
  • A man looks on as a member of Radikal Bomb Shot (RBS) collective, a collective of Senegalese artists, paints a mural depicting key American and African anti-racism activists, in a show of support for the Black Lives Matter movement in Dakar. AFP
    A man looks on as a member of Radikal Bomb Shot (RBS) collective, a collective of Senegalese artists, paints a mural depicting key American and African anti-racism activists, in a show of support for the Black Lives Matter movement in Dakar. AFP
  • A protester raises his fists as he films and photographs the crowd and speakers during a Caribbean-led Black Lives Matter rally at Brooklyn's Grand Army Plaza, in New York. AP Photo
    A protester raises his fists as he films and photographs the crowd and speakers during a Caribbean-led Black Lives Matter rally at Brooklyn's Grand Army Plaza, in New York. AP Photo
  • Hillsborough County State Attorney Andrew Warren, right, speaks during a news conference, in Tampa, Florida. AP Photo
    Hillsborough County State Attorney Andrew Warren, right, speaks during a news conference, in Tampa, Florida. AP Photo
  • A person takes a knee on a giant "Black Lives Matter" mural painted on Fulton Street on June 15, 2020 in the Brooklyn Borough of New York City. AFP
    A person takes a knee on a giant "Black Lives Matter" mural painted on Fulton Street on June 15, 2020 in the Brooklyn Borough of New York City. AFP

Africa urges UN probe of US 'systemic racism' and police violence

African countries are pushing for the UN's top rights body to launch a high-level investigation into "systemic racism" and police violence in the United States and beyond, according to a draft resolution seen on Tuesday.

The text was being circulated to diplomats for consultations ahead of a so-called urgent debate on the topic at the Geneva-based United Nations Human Rights Council on Wednesday.

The debate was called for following unrest in the United States and elsewhere over George Floyd's death in police custody.

In the draft resolution, the African group strongly condemns "continuing racial discriminatory and violent practices perpetrated by law enforcement agencies against Africans and people of African descent and structural racism endemic to the criminal justice system, in the United States of America and other parts of the world recently affected."

The draft resolution, which could still be revised before it is tabled later Tuesday, calls for the establishment of an independent international commission of inquiry (COI) - one of the UN's highest-level probes, generally reserved for major crises like the Syrian conflict.

The commission, the text said, should "establish facts and circumstances related to the systemic racism, alleged violations of international human rights law and abuses against Africans and of people of African descent in the United States" and elsewhere by law enforcement agencies, especially those incidents that resulted in the deaths.

The aim, it said, should be "bringing perpetrators to justice."

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

Profile of Hala Insurance

Date Started: September 2018

Founders: Walid and Karim Dib

Based: Abu Dhabi

Employees: Nine

Amount raised: $1.2 million

Funders: Oman Technology Fund, AB Accelerator, 500 Startups, private backers

 

AL%20BOOM
%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%26nbsp%3B%26nbsp%3B%26nbsp%3BDirector%3AAssad%20Al%20Waslati%26nbsp%3B%3C%2Fp%3E%0A%3Cp%20style%3D%22text-align%3Ajustify%3B%22%3E%0DStarring%3A%20Omar%20Al%20Mulla%2C%20Badr%20Hakami%20and%20Rehab%20Al%20Attar%0D%3Cbr%3E%0D%3Cbr%3EStreaming%20on%3A%20ADtv%0D%3Cbr%3E%0D%3Cbr%3ERating%3A%203.5%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A
Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Results:

6.30pm: Maiden Dh165,000 2,000m - Winner: Powderhouse, Sam Hitchcott (jockey), Doug Watson (trainer)

7.05pm: Handicap Dh165,000 2,200m - Winner: Heraldic, Richard Mullen, Satish Seemar

7.40pm: Conditions Dh240,000 1,600m - Winner: Walking Thunder, Connor Beasley, Ahmed bin Harmash

8.15pm: Handicap Dh190,000 2,000m - Winner: Key Bid, Fernando Jara, Ali Rashid Al Raihe

8.50pm: The Garhoud Sprint Listed Dh265,000 1,200m - Winner: Drafted, Sam Hitchcott, Doug Watson

9.25pm: Handicap Dh170,000 1,600m - Winner: Cachao, Tadhg O’Shea, Satish Seemar

10pm: Handicap Dh190,000 1,400m - Winner: Rodaini, Connor Beasley, Ahmed bin Harmash

Tips to avoid getting scammed

1) Beware of cheques presented late on Thursday

2) Visit an RTA centre to change registration only after receiving payment

3) Be aware of people asking to test drive the car alone

4) Try not to close the sale at night

5) Don't be rushed into a sale 

6) Call 901 if you see any suspicious behaviour

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.”

Sweet%20Tooth
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3EJim%20Mickle%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EChristian%20Convery%2C%20Nonso%20Anozie%2C%20Adeel%20Akhtar%2C%20Stefania%20LaVie%20Owen%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A
Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%0D%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%0D%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%0D%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%0D%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%0D%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%0D%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%0D%3C%2Fp%3E%0A