US President Donald Trump on Friday called on Republicans in the Senate to terminate the filibuster, a mechanism that allows politicians to block legislation.
"The Democrats will terminate the filibuster in the first hour, if and when they assume 'control' or power. Republicans have what the Democrats want – We should do it, now, and have the greatest three years in history", he wrote in a Truth Social post from a day earlier.
In a video posted a day earlier, Mr Trump called congressional Democrats "crazed lunatics" and urged Republicans to "get rid of the filibuster and get rid of it now".
But Republican majority leader John Thune threw cold water on that idea.
"I know where the math is on this issue in the Senate, and ... it's just not happening," he said.
In the US Senate, legislation usually requires the support of 60 out of 100 senators to pass. That is because under Senate rules, 60 votes are needed to stop a debate and force a vote.
Any bill with the support of fewer than 60 senators is subject to the Senate’s famous filibuster proceedings, where a senator opposed to a bill can stall it until there is no more time left for it to pass.
While Republicans hold the majority in both houses of Congress, a lengthy government shutdown has Mr Trump calling for the "nuclear option".
This is how the Senate filibuster works.
What is a filibuster?
The Senate has a long-standing practice of allowing any senator to object to proceedings and filibuster a bill to halt action or votes.
Senators have famously stood at their desks for hours making their case, as Strom Thurmond, a South Carolina senator, did to stall the 1957 Civil Rights Act.
Today, senators can merely signal their intent to object, even privately, and that is enough for Senate leaders to take action.
Leaders sometimes simply drop the issue from floor consideration. At other times, they push ahead, taking cumbersome steps to cut off the filibuster and move forward with proceedings.
What is the problem?
As the US, and Congress, has grown more partisan, the filibuster has become a key weapon in what is often described as a procedural arms race in the Senate.
Year after year, more and more senators threaten to use filibusters to block legislation. Overcoming filibusters can take days, if not weeks.
Even without a senator holding the floor, filibusters have forced them into all-night and weekend votes to advance legislation, as happened during the passage of Barack Obama’s Affordable Care Act.
Can the Senate change the filibuster?
It takes 51 votes to change the Senate rules – a tall order at most times and especially now in the evenly split chamber.
But senators have changed the filibuster rules before.
Frustrated with Republicans blocking Mr Obama's executive and judicial branch nominations, Democrats, led by senator Harry Reid of Nevada, changed the rules to set a simple 51-vote threshold for confirming people in those positions.
During former president Joe Biden's administration, several Democrats and advocacy groups called for ridding the Senate of the filibuster on legislation, but similarly, there was not enough support among Democratic senators to do so.
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
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.”
UAE%20v%20West%20Indies
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Countries recognising Palestine
France, UK, Canada, Australia, Portugal, Belgium, Malta, Luxembourg, San Marino and Andorra
The Sand Castle
Director: Matty Brown
Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea
Rating: 2.5/5
The five pillars of Islam
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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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T20 World Cup Qualifier A, Muscat
Friday, February 18: 10am - Oman v Nepal, Canada v Philippines; 2pm - Ireland v UAE, Germany v Bahrain
Saturday, February 19: 10am - Oman v Canada, Nepal v Philippines; 2pm - UAE v Germany, Ireland v Bahrain
Monday, February 21: 10am - Ireland v Germany, UAE v Bahrain; 2pm - Nepal v Canada, Oman v Philippines
Tuesday, February 22: 2pm – semi-finals
Thursday, February 24: 2pm – final
UAE squad: Ahmed Raza (captain), Muhammad Waseem, Chirag Suri, Vriitya Aravind, Rohan Mustafa, Kashif Daud, Zahoor Khan, Alishan Sharafu, Raja Akifullah, Karthik Meiyappan, Junaid Siddique, Basil Hameed, Zafar Farid, Mohammed Boota, Mohammed Usman, Rahul Bhatia
All matches to be streamed live on icc.tv
Dunbar
Edward St Aubyn
Hogarth
Mohammed bin Zayed Majlis