US protests latest: George Floyd laid to rest in Houston funeral


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Friends and family paid respects to George Floyd at a funeral on Tuesday after his death in police custody ignited international protests against racism and police brutality.

Flowers were piled high outside the Houston church for the private service the day after thousands of well-wishers filed past Mr Floyd's coffin at a public viewing.

He was buried in a grave next to his mother's.

The service became the culmination of five days of public memorials to the 46-year-old African-American man, whose death at the hands of a white police officer in Minneapolis, Minnesota, caused international outrage and forced a pledge from the city to dismantle and rebuild its police department.

Derek Chauvin, 44, the white officer who was filmed pressing his knee on Floyd's neck for nearly nine minutes, appeared by video link from prison on his first court appearance on Monday.

Politicians, civil rights activists and celebrities joined the family to share memories of the man they called a "gentle giant" before his gold casket was taken by horse-drawn carriage to his final resting place.

Mr Floyd's niece, Brooke Williams, said in a eulogy that drew applause inside the Fountain of Praise Church: “I can breathe. And as long as I’m breathing, justice will be served.”

Mayor Sylvester Turner took to the podium during the funeral to announce an executive order banning choke holds by police in Houston.

Mr Turner said he would sign the order after the funeral.

Underscoring the effect his death had on the world, the funeral was broadcast live on every major US broadcast and cable news channel.

The New York Stock Exchange observed eight minutes and 46 seconds of silence, which was broadcast on business news channel CNBC.

“I would like to thank the whole world for what it has done for my family today, especially George,” Mr Floyd’s aunt, Kathleen McGee, said at the funeral.

“I have gained such a huge family all over the world.”

Sobbing in grief, Mr Floyd's brother Philonise said: "George was my personal superman."

In a video message delivered during the ceremony, Democratic presidential candidate Joe Biden told those gathered that now is the time for "racial justice".

"Why in this nation do too many black Americans wake up knowing they could lose their life, in the course of just living their life?" Mr Biden asked.

Floyd's death spurred international outrage and forced a pledge from the city council to dismantle and rebuild its police department.

Footage of Mr Floyd’s death on May 25, recorded on a mobile phone, prompted international protests and drew new attention to the treatment of black Americans by police and the criminal justice system.

As the Houston memorial service began, the effects of his death continued to resonate internationally, with protests drawing thousands to the streets in cities around the world.

On Tuesday, New York lawmakers passed a repeal of a decades-old law that has kept officers’ disciplinary records secret, the change comes as New York City Mayor Bill de Blasio has vowed to cut the budget of the city's police department.

Los Angeles also announced budget cuts for police services, while city council members in Minneapolis said they support disbanding and rebuilding the department.

Meanwhile, London’s mayor announced on Tuesday that more statues of imperialist figures could be removed from Britain’s streets after protesters knocked down a slave trader's monument.

In Paris, France’s top security official said police would no longer use choke holds, which have been blamed for several cases of asphyxiation.

Meanwhile, hours before Mr Floyd's funeral, US President Donald Trump tweeted a conspiracy theory about an elderly protester in Buffalo who was critically injured after being shoved by police and falling backwards.

Mr Trump wrote that the protester, 75, who remains in hospital, could be a member of the anti-fascist movement antifa, which he and other Republicans have blamed for violence at the protests.

He offered no evidence other than a report from the pro-Trump channel One America News Network, which also gave no evidence.

New York governor Andrew Cuomo issued a stern condemnation of the tweet during his daily news briefing.

"I mean, if there was ever a reprehensible, dumb comment, and from the president of the United States ..." Mr Cuomo said.

"At this moment of anguish and anger what does he do? Pours gasoline on the fire. He should apologise for that tweet."

After Mr Floyd's death, more videos were released on Monday of other black men dying in police custody in the US.

Police bodycam footage released by Williamson County in Texas showed officers repeatedly using stun guns on Javier Ambler, 40, despite his pleas that he was sick and could not breathe.

Mr Ambler was being pulled over for having his high-beams on. He died after being shot four times.

In Oklahoma, police released footage late on Monday of an armed black man who died in police custody last year after telling arresting officers, "I can't breathe."

In the videos, Derrick Elliot Scott, 42, moans and tells officers he could not breathe as at least one officer straddled him to place him in handcuffs.

Mr Scott then appears to go in and out of consciousness.

Paramedics are called and he is placed on a gurney and taken to a nearby hospital, where he was pronounced dead.

In another incident in New Jersey, a state trooper fired his handgun six times, killing 28-year-old Maurice Gordon after an encounter during a traffic stop for speeding on a motorway.

After being unable to start his car, the officer calls Mr Gordon a tow truck and has him wait in the police car. After a lengthy wait, Mr Gordon exits the cruiser and gets into an altercation with the officer that ends with six gunshots being fired at Mr Gordon.

BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

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Starring: Nicole Kidman, Liev Schreiber, Jack Reynor

Creator: Jenna Lamia

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WHAT IS A BLACK HOLE?

1. Black holes are objects whose gravity is so strong not even light can escape their pull

2. They can be created when massive stars collapse under their own weight

3. Large black holes can also be formed when smaller ones collide and merge

4. The biggest black holes lurk at the centre of many galaxies, including our own

5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed

DRIVERS' CHAMPIONSHIP STANDINGS

1. Sebastian Vettel (Ferrari) 171 points
2. Lewis Hamilton (Mercedes-GP) 151
3. Valtteri Bottas (Mercedes-GP) 136
4. Daniel Ricciardo (Red Bull Racing) 107
5. Kimi Raikkonen (Ferrari) 83
6. Sergio Perez (Force India) 50
7. Max Verstappen (Red Bull Racing) 45
8. Esteban Ocon (Force India) 39
9. Carlos Sainz (Torro Rosso) 29
10. Felipe Massa (Williams) 22

First Person
Richard Flanagan
Chatto & Windus 

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
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UAE tour of Zimbabwe

All matches in Bulawayo
Friday, Sept 26 – UAE won by 36 runs
Sunday, Sept 28 – Second ODI
Tuesday, Sept 30 – Third ODI
Thursday, Oct 2 – Fourth ODI
Sunday, Oct 5 – First T20I
Monday, Oct 6 – Second T20I

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.”

Results
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  • Braun Strowman and Nicolas won the Raw Tag Team titles against Sheamus and Cesaro
  • AJ Styles retained the WWE World Heavyweight title against Shinsuke Nakamura
  • Nia Jax won the Raw Women’s title against Alexa Bliss
  • Daniel Bryan and Shane McMahon beat Kevin Owens and Sami Zayn
  • The Undertaker beat John Cena
  • The Bludgeon Brothers won the SmackDown Tag Team titles against the Usos and New Day
  • Ronda Rousey and Kurt Angle beat Triple H and Stephanie McMahon
  • Jinder Mahal won the United States title against Randy Orton, Rusev and Bobby Roode
  • Charlotte retained the SmackDown Women’s title against Asuka
  • Seth Rollins won the Intercontinental title against The Miz and Finn Balor
  • Naomi won the first WrestleMania Women’s Battle Royal
  • Cedric Alexander won the vacant Cruiserweight title against Mustafa Ali
  • Matt Hardy won the Andre the Giant Battle Royal
Our family matters legal consultant

Name: Hassan Mohsen Elhais

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

UAE currency: the story behind the money in your pockets
UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

History's medical milestones

1799 - First small pox vaccine administered

1846 - First public demonstration of anaesthesia in surgery

1861 - Louis Pasteur published his germ theory which proved that bacteria caused diseases

1895 - Discovery of x-rays

1923 - Heart valve surgery performed successfully for first time

1928 - Alexander Fleming discovers penicillin

1953 - Structure of DNA discovered

1952 - First organ transplant - a kidney - takes place 

1954 - Clinical trials of birth control pill

1979 - MRI, or magnetic resonance imaging, scanned used to diagnose illness and injury.

1998 - The first adult live-donor liver transplant is carried out

UAE currency: the story behind the money in your pockets
Hamilton profile

Age 32

Country United Kingdom

Grands Prix entered 198

Pole positions 67

Wins 57

Podiums 110

Points 2,423

World Championships 3

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

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5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Scorecard:

England 458 & 119/1 (51.0 ov)

South Africa 361

England lead by 216 runs with 9 wickets remaining

Generational responses to the pandemic

Devesh Mamtani from Century Financial believes the cash-hoarding tendency of each generation is influenced by what stage of the employment cycle they are in. He offers the following insights:

Baby boomers (those born before 1964): Owing to market uncertainty and the need to survive amid competition, many in this generation are looking for options to hoard more cash and increase their overall savings/investments towards risk-free assets.

Generation X (born between 1965 and 1980): Gen X is currently in its prime working years. With their personal and family finances taking a hit, Generation X is looking at multiple options, including taking out short-term loan facilities with competitive interest rates instead of dipping into their savings account.

Millennials (born between 1981 and 1996): This market situation is giving them a valuable lesson about investing early. Many millennials who had previously not saved or invested are looking to start doing so now.