FILE - In this Sept. 6, 2018, file photo, President Donald Trump's Supreme Court nominee, Brett Kavanaugh testifies before the Senate Judiciary Committee on Capitol Hill in Washington, for the third day of his confirmation hearing to replace retired Justice Anthony Kennedy. Christine Blasey Ford, the woman accusing Kavanaugh of sexual misconduct when they were teenagers has come forward to The Washington Post. (AP Photo/Alex Brandon, File)
Brett Kavanaugh is president Donald Trump's Supreme Court nominee. AP

Democrats seek Brett Kavanaugh US Supreme Court vote delay after accuser comes forward



Senate Democrats on Sunday called for a delay in this week’s planned committee vote on Brett Kavanaugh’s Supreme Court nomination after a woman said he sexually attacked her decades ago when they were teenagers.

The Washington Post identified Christine Blasey Ford, a 51-year-old research psychologist and professor at Palo Alto University, as the woman whose accusation threw Judge Kavanaugh's nomination in chaos when it surfaced last week. The newspaper quoted Ms Ford's detailed description of the incident, and said it also viewed notes from a 2013 therapy session in which she had called it a "rape attempt."

Senator Dianne Feinstein, the top Judiciary Committee Democrat, called the allegation “extremely serious.” The FBI should investigate it before the Senate moves forward with Judge Kavanaugh’s nomination, she said in a statement.

Taylor Foy, a spokesman for Judiciary Chairman Chuck Grassley, said in a statement it was "disturbing that these uncorroborated allegations" had surfaced shortly before Thursday's planned committee vote. There was no confirmation for any schedule change or if the vote would be delayed. Republicans are aiming for full Senate confirmation of Judge Kavanaugh before the Supreme Court term begins October 1.

Mr Foy said the report “raises a lot of questions about Democrats’ tactics and motives.”

The White House, asked for comment, reiterated the statement from Judge Kavanaugh it released on Friday, in which the nominee said, “I categorically and unequivocally deny this allegation. I did not do this back in high school or at any time.”

The Post quoted Ms Ford as saying Judge Kavanaugh and a friend were "stumbling drunk" when they took her into a bedroom during a party in a house in the Maryland suburbs of Washington. Kavanaugh pinned her to the bed and groped her through her clothes, grinding his body against hers and trying to pull off her clothes, the article quoted Ford as saying. She said that when she tried to scream, he put his hand over her mouth. She said she believed the attack occurred in 1982.

"I thought he might inadvertently kill me," Ms Ford told the paper. She said Kavanaugh's friend, Mark Judge, jumped on top of them, sending them tumbling, and she was able to escape, the newspaper reported. She said she went home and did not tell anyone until she and her husband were in couples therapy in 2012.

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The Post said it viewed notes from that session and an individual therapy session the following year. The paper said the 2013 notes showed that Ms Ford described a "rape attempt" in her late teens. Her husband, Russell Ford, told the newspaper that when she described the incident in the 2012 session, she used Judge Kavanaugh's last name and said she was concerned he might eventually be nominated to the Supreme Court. He has been a federal appeals court judge since 2006.

Ms Ford and her lawyer, Debra Katz, did not immediately return calls seeking comment.

Senate Minority leader Chuck Schumer called on Grassley to postpone the nomination vote “until, at a very minimum, these serious and credible allegations are thoroughly investigated.”

Senator Kamala Harris of California, a Democratic member of the Judiciary Committee, also called for a delay and described Ford’s story in a statement on Twitter as “a credible and serious allegation.”

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 Killer

Director: David Fincher

Stars: Michael Fassbender, Tilda Swinton, Charles Parnell

Rating: 4/5 

TWISTERS

Director:+Lee+Isaac+Chung

Starring:+Glen+Powell,+Daisy+Edgar-Jones,+Anthony+Ramos

Rating:+2.5/5

COMPANY PROFILE

Company: Mascotte Health

Started: 2023

Based: Miami, US

Founder: Bora Hamamcioglu

Sector: Online veterinary service provider

Investment stage: $1.2 million raised in seed funding

Various Artists 
Habibi Funk: An Eclectic Selection Of Music From The Arab World (Habibi Funk)
​​​​​​​

Imperial Island: A History of Empire in Modern Britain

Author: Charlotte Lydia Riley
Publisher: Bodley Head
Pages: 384

COMPANY PROFILE

Name: Haltia.ai
Started: 2023
Co-founders: Arto Bendiken and Talal Thabet
Based: Dubai, UAE
Industry: AI
Number of employees: 41
Funding: About $1.7 million
Investors: Self, family and friends

UAE currency: the story behind the money in your pockets
COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

Getting there

Etihad Airways flies daily to the Maldives from Abu Dhabi. The journey takes four hours and return fares start from Dh3,995. Opt for the 3am flight and you’ll land at 6am, giving you the entire day to adjust to island time.  

Round trip speedboat transfers to the resort are bookable via Anantara and cost $265 per person.  

Dengue fever symptoms

High fever (40°C/104°F)
Severe headache
Pain behind the eyes
Muscle and joint pains
Nausea
Vomiting
Swollen glands
Rash

In Praise of Zayed

A thousand grains of Sand whirl in the sky
To mark the journey of one passer-by
If then a Cavalcade disturbs the scene,
Shall such grains sing before they start to fly?

What man of Honour, and to Honour bred
Will fear to go wherever Truth has led?
For though a Thousand urge him to retreat
He'll laugh, until such counsellors have fled.

Stands always One, defiant and alone
Against the Many, when all Hope has flown.
Then comes the Test; and only then the time
Of reckoning what each can call his own.

History will not forget: that one small Seed
Sufficed to tip the Scales in time of need.
More than a debt, the Emirates owe to Zayed
Their very Souls, from outside influence freed.
No praise from Roderic can increase his Fame.
Steadfastness was the Essence of his name.
The changing years grow Gardens in the Sand
And build new Roads to Sand which stays the same.
But Hearts are not rebuilt, nor Seed resown.
What was, remains, essentially Alone.
Until the Golden Messenger, all-wise,
Calls out: "Come now, my Friend!" - and All is known

- Roderic Fenwick Owen

Electric scooters: some rules to remember
  • Riders must be 14-years-old or over
  • Wear a protective helmet
  • Park the electric scooter in designated parking lots (if any)
  • Do not leave electric scooter in locations that obstruct traffic or pedestrians
  • Solo riders only, no passengers allowed
  • Do not drive outside designated lanes
Profile

Company: Justmop.com

Date started: December 2015

Founders: Kerem Kuyucu and Cagatay Ozcan

Sector: Technology and home services

Based: Jumeirah Lake Towers, Dubai

Size: 55 employees and 100,000 cleaning requests a month

Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

The essentials

What: Emirates Airline Festival of Literature

When: Friday until March 9

Where: All main sessions are held in the InterContinental Dubai Festival City

Price: Sessions range from free entry to Dh125 tickets, with the exception of special events.

Hot Tip: If waiting for your book to be signed looks like it will be timeconsuming, ask the festival’s bookstore if they have pre-signed copies of the book you’re looking for. They should have a bunch from some of the festival’s biggest guest authors.

Information: www.emirateslitfest.com
 


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