Libtyan demonstrators gather during an anti-government protest in Tripoli on August 25, 2020. Reuters
Libtyan demonstrators gather during an anti-government protest in Tripoli on August 25, 2020. Reuters
Libtyan demonstrators gather during an anti-government protest in Tripoli on August 25, 2020. Reuters
Libtyan demonstrators gather during an anti-government protest in Tripoli on August 25, 2020. Reuters

Libyan protesters abducted during Tripoli demonstrations


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Libyan militias kidnapped several protesters after opening fire on a demonstration in Tripoli against economic conditions and corruption, the country's government in Tripoli said on Thursday.

Amnesty International said least six protesters were abducted when armed men allied with the Government of National Accord fired live ammunition to disperse a demonstration in the capital on Sunday.

The GNA said an investigation had been opened after the militias, which it did not identify, abducted some of the protesters.

The Interior Ministry acknowledged that a Tripoli-allied militia fired live ammunition at peaceful protesters.

  • Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital. AFP
    Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital. AFP
  • Libya, which sits atop Africa's largest proven crude oil reserves, has endured almost a decade of violent chaos since the 2011 Nato-supported. AFP
    Libya, which sits atop Africa's largest proven crude oil reserves, has endured almost a decade of violent chaos since the 2011 Nato-supported. AFP
  • The war-weary country is plagued by water shortages and power blackouts that snuff out air-conditioners in the searing summer heat. AFP
    The war-weary country is plagued by water shortages and power blackouts that snuff out air-conditioners in the searing summer heat. AFP
  • The deplorable situation has been compounded by the novel coronavirus pandemic, which has depressed global oil prices and spread in the country despite social distancing measures. AFP
    The deplorable situation has been compounded by the novel coronavirus pandemic, which has depressed global oil prices and spread in the country despite social distancing measures. AFP
  • Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli. AFP
    Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli. AFP
  • Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli. AFP
    Libyans chant slogans during a demonstration due to poor public services at the Martyrs' Square at the centre of the GNA-held Libyan capital Tripoli. AFP

The protesters in Tripoli “did not obtain necessary permits" for the rally, GNA Prime Minister Fayez Al Sarraj said on Monday as demonstrations continued in the capital and western Libyan towns.

In a meeting with military and security officials on Wednesday, Mr Al Sarraj announced a 24-hour curfew lasting four days that he said was to contain the spread of coronavirus.

Protesters defied the curfew and took to the streets of Tripoli again late on Wednesday.

Militiamen opened fire again at Martyrs Square, the scene of Sunday’s attack, a protester told AP.

Amnesty said several protesters were wounded in the shooting on Sunday, which happened in an area under control of the Nawasi militia, which nominally operates under the GNA.

Amnesty said there were “strong indications that this militia was behind the attack” on the protesters.

Diana Eltahawy, Amnesty’s deputy regional director, criticised Mr Al Sarraj's government for not reining in "abusive, unaccountable militias and armed groups", instead “relying on them for security, law enforcement and fighting its rivals”.

Ms Eltahawy called for the immediate release of those abducted and an independent investigation.

The UN Support Mission in Libya on Sunday called for "those arrested to be handed over to relevant judicial institutions and for those who are arbitrarily detained to be released immediately".

The protests over poor living conditions, shortages of electricity and water and a lack of services began days after the GNA called for a halt to fighting between its forces and those allied to a rival administration in eastern Libya.

In a statement issued on Friday, Mr Al Sarraj also called for the demilitarisation of the central coastal city of Sirte, held by the Libyan National Army led by Field Marshal Khalifa Haftar.

An LNA spokesman on Sunday dismissed the ceasefire offer, saying warships sent by GNA ally Turkey were approaching Sirte to support an attack by Tripoli-allied militias, despite international condemnation of Ankara's interference.

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E4.0-litre%20twin-turbo%20V8%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E640hp%20at%206%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E850Nm%20from%202%2C300-4%2C500rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E8-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E11.9L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EDh749%2C800%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3Enow%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

On sale: Now

The specs: Volvo XC40

Price: base / as tested: Dh185,000

Engine: 2.0-litre, turbocharged in-line four-cylinder

Gearbox: Eight-speed automatic

Power: 250hp @ 5,500rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 10.4L / 100km

Multitasking pays off for money goals

Tackling money goals one at a time cost financial literacy expert Barbara O'Neill at least $1 million.

That's how much Ms O'Neill, a distinguished professor at Rutgers University in the US, figures she lost by starting saving for retirement only after she had created an emergency fund, bought a car with cash and purchased a home.

"I tell students that eventually, 30 years later, I hit the million-dollar mark, but I could've had $2 million," Ms O'Neill says.

Too often, financial experts say, people want to attack their money goals one at a time: "As soon as I pay off my credit card debt, then I'll start saving for a home," or, "As soon as I pay off my student loan debt, then I'll start saving for retirement"."

People do not realise how costly the words "as soon as" can be. Paying off debt is a worthy goal, but it should not come at the expense of other goals, particularly saving for retirement. The sooner money is contributed, the longer it can benefit from compounded returns. Compounded returns are when your investment gains earn their own gains, which can dramatically increase your balances over time.

"By putting off saving for the future, you are really inhibiting yourself from benefiting from that wonderful magic," says Kimberly Zimmerman Rand , an accredited financial counsellor and principal at Dragonfly Financial Solutions in Boston. "If you can start saving today ... you are going to have a lot more five years from now than if you decide to pay off debt for three years and start saving in year four."

FIXTURES

Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)

Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)

Friday, February 1
Final, Zayed Sports City Stadium (6pm)

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Try out the test yourself

Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer

Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer

Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer

The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania. 

Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).

Who has lived at The Bishops Avenue?
  • George Sainsbury of the supermarket dynasty, sugar magnate William Park Lyle and actress Dame Gracie Fields were residents in the 1930s when the street was only known as ‘Millionaires’ Row’.
  • Then came the international super rich, including the last king of Greece, Constantine II, the Sultan of Brunei and Indian steel magnate Lakshmi Mittal who was at one point ranked the third richest person in the world.
  • Turkish tycoon Halis Torprak sold his mansion for £50m in 2008 after spending just two days there. The House of Saud sold 10 properties on the road in 2013 for almost £80m.
  • Other residents have included Iraqi businessman Nemir Kirdar, singer Ariana Grande, holiday camp impresario Sir Billy Butlin, businessman Asil Nadir, Paul McCartney’s former wife Heather Mills. 
Hunting park to luxury living
  • Land was originally the Bishop of London's hunting park, hence the name
  • The road was laid out in the mid 19th Century, meandering through woodland and farmland
  • Its earliest houses at the turn of the 20th Century were substantial detached properties with extensive grounds

 

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The%20Last%20White%20Man
%3Cp%3EAuthor%3A%20Mohsin%20Hamid%C2%A0%3C%2Fp%3E%0A%3Cp%3E192%20pages%C2%A0%3C%2Fp%3E%0A%3Cp%3EPublished%20by%3A%20Hamish%20Hamilton%20(UK)%2C%20Riverhead%20Books%20(US)%3C%2Fp%3E%0A%3Cp%3ERelease%20date%3A%20out%20now%20in%20the%20US%2C%20August%2011%20(UK)%3C%2Fp%3E%0A
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Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5