Park at Pentagon



ARLINGTON, VIRGINIA // For tourists, the new memorial to 184 people who died at the Pentagon in the September 11 terrorist attacks is not especially convenient. Nor is it ideal from a security perspective to have constant public access directly outside the US military's nerve centre. But there is little dispute that the new memorial, which opens to the public today, was built precisely where it should have been: at the spot where American Airlines Flight 77 ploughed into the west wall of the Pentagon.

"This is hallowed ground," said James Laychak, whose brother, David Laychak, was killed in the attack. Robert Gates, the US defence secretary, will speak at a ceremony dedicating the memorial today. The memorial, built on an angle parallel to the plane's path just before it crashed, consists principally of 184 cantilevered benches, each bearing a victim's name. The 0.8-hectare park will be open 24 hours a day, seven days a week, and will be patrolled by the Pentagon police department.

William Stout, deputy chief of operations for the department, acknowledged some ambivalence about the location. "If you're asking me as deputy chief of operations if I'm happy with the location, I'd have to say 'no'," Mr Stout said. "But overall, it seems logical to me to have it here ... We'll have eyes on it all the time." It was not always certain that the memorial would be erected at the site of the crash. The Pentagon suggested about 10 different options. But family members were adamant that the memorial be built where the plane crashed, Mr Laychak said.

Mr Laychak, also president of the Pentagon Memorial Fund, said the fund had already raised the US$22 million (Dh81m) needed to build the memorial, but fund-raising efforts are continuing to help pay for its upkeep. Memorials are also planned in New York and western Pennsylvania at the sites where three other hijacked planes crashed on September 11, but the Pentagon Memorial is the first to be completed. It has avoided some of the controversies that have plagued other sites. In New York, work on the memorial stopped for a time as officials sought to cut costs from a project approaching $1 billion.

Construction of the memorial is entwined with overall redevelopment efforts at the World Trade Center site, and has been delayed. Project managers have already given up on a 2009 completion date and have recently warned that it may not meet the current target of completion by September 11 2011. Mr Laychak said he is curious to see how the public will react to and interact with the Pentagon Memorial. He believes its design puts visitors in a reflective state of mind.

"I look forward to seeing some of the customs and traditions that will develop," he said, referring to traditions that started spontaneously at other memorials, such as the pencil rubbings of names on the Vietnam Memorial. * Associated Press

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Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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ACL Elite (West) - fixtures

Monday, Sept 30

Al Sadd v Esteghlal (8pm)
Persepolis v Pakhtakor (8pm)
Al Wasl v Al Ahli (8pm)
Al Nassr v Al Rayyan (10pm)

Tuesday, Oct 1
Al Hilal v Al Shorta (10pm)
Al Gharafa v Al Ain (10pm)

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How to join and use Abu Dhabi’s public libraries

• There are six libraries in Abu Dhabi emirate run by the Department of Culture and Tourism, including one in Al Ain and Al Dhafra.

• Libraries are free to visit and visitors can consult books, use online resources and study there. Most are open from 8am to 8pm on weekdays, closed on Fridays and have variable hours on Saturdays, except for Qasr Al Watan which is open from 10am to 8pm every day.

• In order to borrow books, visitors must join the service by providing a passport photograph, Emirates ID and a refundable deposit of Dh400. Members can borrow five books for three weeks, all of which are renewable up to two times online.

• If users do not wish to pay the fee, they can still use the library’s electronic resources for free by simply registering on the website. Once registered, a username and password is provided, allowing remote access.

• For more information visit the library network's website.

Crazy Rich Asians

Director: Jon M Chu

Starring: Constance Wu, Henry Golding, Michelle Yeon, Gemma Chan

Four stars

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Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
Dr Graham's three goals

Short term

Establish logistics and systems needed to globally deploy vaccines


Intermediate term

Build biomedical workforces in low- and middle-income nations


Long term

A prototype pathogen approach for pandemic preparedness  

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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.

if you go

The flights 

Etihad and Emirates fly direct to Kolkata from Dh1,504 and Dh1,450 return including taxes, respectively. The flight takes four hours 30 minutes outbound and 5 hours 30 minute returning. 

The trains

Numerous trains link Kolkata and Murshidabad but the daily early morning Hazarduari Express (3’ 52”) is the fastest and most convenient; this service also stops in Plassey. The return train departs Murshidabad late afternoon. Though just about feasible as a day trip, staying overnight is recommended.

The hotels

Mursidabad’s hotels are less than modest but Berhampore, 11km south, offers more accommodation and facilities (and the Hazarduari Express also pauses here). Try Hotel The Fame, with an array of rooms from doubles at Rs1,596/Dh90 to a ‘grand presidential suite’ at Rs7,854/Dh443.

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