Intense directed energy from an external source could have caused some cases of the debilitating Havana Syndrome among US diplomats, US intelligence said on Wednesday.
The mystery illness is thought to have affected hundreds of US officials posted abroad since 2016.
A panel of technological and medical experts convened by the US intelligence community supported the possibility of deliberate attacks.
The panel found pulsed electromagnetic energy and ultrasound, delivered from close distances, could cause the uncommon mix of ear pains, vertigo, nausea and other symptoms first reported by US officials working in Havana, Cuba, in 2016.
The syndrome, which causes symptoms ranging from dizziness to brain damage, still remains a mystery to many.
What is Havana Syndrome?
US embassy staff in Cuba were the first to report symptoms of what came to be known as Havana Syndrome in late 2016. Suspected cases continued to emerge more than five years later, with US investigators unable to pinpoint a definite cause.
Following reports in January of suspected new cases among American diplomats in Paris and Geneva, Secretary of State Antony Blinken said the US still did not know who or what was causing the cases, which were categorised officially as "anomalous health incidents".
He said the US had raised the issue with Russia
What are the symptoms?
People affected by the condition have reported a wide range of symptoms. These include dizziness, nausea, headaches, ringing in the ears, anxiety and memory loss. Some have been so badly affected they have chosen to retire from active service.
In some cases, medical researchers found signs of brain damage.
Mr Blinken said he had met State Department employees around the world who described the illness and how it disrupted their lives.
"There is no doubt in my mind that people have been directly and powerfully affected," he said in an interview with MSNBC on January 13. "We are working overtime across the entire government to get to the bottom of what happened, who's responsible."
Where have people been affected?
Since the first cases in Cuba, there have been reports of Havana Syndrome among US diplomats and intelligence officials in countries including China, Russia, Poland, Georgia and Colombia, in the territory of Taiwan and in Washington itself.
In 2017, diplomats and family members along with intelligence officers stationed in Vienna began experiencing the same symptoms.
The State Department moved employees and their families from the Chinese city of Guangzhou after cases were reported there in 2018.
The CIA has been affected as well. An officer was evacuated from Serbia late last year after suffering serious injuries consistent with Havana Syndrome, while a member of CIA Director William Burns' team had to receive medical attention after reporting symptoms during a visit to India in September.
What could be causing Havana Syndrome?
Out of hundreds of cases reported, "a subset of AHIs (anomalous health incidents) cannot be easily explained by known environmental or medical conditions and could be due to external stimuli," said an unclassified summary of the experts' report released by the US director of national intelligence.
The experts said it is possible to create concealable devices that, using moderate amounts of energy, would direct electromagnetic energy or ultrasound waves to cause damage in a targeted person.
The experts did not say whether such devices exist, nor did they conclude whether such attacks did take place, or suggest who could have been behind them.
But their report pushed back at some claims rejecting the technological possibility of AHI attacks.
The experts rejected other theories of AHI causes, including ionising radiation, chemical and biological agents, infrasound, audible sound, ultrasound propagated over large distances and bulk heating from electromagnetic energy.
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.”
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
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The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
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Tips to keep your car cool
- Place a sun reflector in your windshield when not driving
- Park in shaded or covered areas
- Add tint to windows
- Wrap your car to change the exterior colour
- Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
- Avoid leather interiors as these absorb more heat
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