US president Donald Trump is pictured with the leaders of Nato member countries and the alliance's secretary general, Jens Stoltenberg (front row, second left), during a summit on May 25, 2017 in Brussels, Belgium. Stefan Rousseau - Pool / Getty Images
US president Donald Trump is pictured with the leaders of Nato member countries and the alliance's secretary general, Jens Stoltenberg (front row, second left), during a summit on May 25, 2017 in Brussels, Belgium. Stefan Rousseau - Pool / Getty Images
US president Donald Trump is pictured with the leaders of Nato member countries and the alliance's secretary general, Jens Stoltenberg (front row, second left), during a summit on May 25, 2017 in Brussels, Belgium. Stefan Rousseau - Pool / Getty Images
US president Donald Trump is pictured with the leaders of Nato member countries and the alliance's secretary general, Jens Stoltenberg (front row, second left), during a summit on May 25, 2017 in Brus

Trump scolds Nato over defence spending and tackling terrorism


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Brussels // Donald Trump on Thursday berated America’s Nato allies for not doing enough on terrorism and meeting their commitments on defence spending.

The US president also failed to give a public endorsement of the alliance’s mutual defence pact.

Mr Trump’s broadside at fellow leaders during his first Nato summit came as he unveiled a 9/11 memorial at the alliance’s new US$1.2 billion (Dh4.4bn) headquarters in Brussels which is meant to highlight allied unity and purpose.

Mr Trump said the bombing in Manchester on Monday, claimed by ISIL, showed that “terrorism must be stopped in its tracks”.

“The Nato of the future must include a great focus on terrorism and immigration as well as threats from Russia and Nato’s eastern and southern borders,” the president said.

He denounced allies for not paying their fair share, saying that even if they met a commitment to allocate two per cent of GDP to defence, it would still not be enough to meet the challenges.

“Twenty-three of the 28 member nations are still not paying what they should be paying and what they’re supposed to be paying for their defence,” Mr Trump said.

“This is not fair to the people and taxpayers of the United States. Many of these nations owe massive amounts of money from past years,” he said, repeating a charge he had raised constantly on the campaign trail.

Ahead of Mr Trump’s visit, the White House had sent signals that the US would stay in Nato’s mutual defense pact, known as Article 5, which has been invoked just once: after the September 11 attacks. But Mr Trump made no mention of Article 5 during his speech.

Asked about this, White House press secretary Sean Spicer said: “It goes without saying. His presence at this event underscores our commitments and treaty obligations.”

The German chancellor Angela Merkel struck an entirely different note as she unveiled a memorial made up of a section of the Berlin Wall to mark the end of the Cold War.

“Germany will not forget the contribution Nato made in order to reunify our country. This is why we will indeed make our contribution to security and solidarity in the common alliance,” she said.

The surprising mention of immigration was in line with one of Mr Trump’s key election promises to build a wall to keep out immigrants crossing into the United States from Mexico, a plan widely derided in Europe.

His harsh words came despite Nato saying it would formally endorse joining the US-led coalition against ISIL at the summit, in the face of reservations in France and Germany about getting involved in another conflict.

Mr Trump’s carefully choreographed visits to the European Union and Nato in Brussels had been designed to heal divisions caused by the billionaire’s criticism of both institutions on the campaign trail. He had called Nato “obsolete” and praised Britain’s Brexit vote to leave the EU.

But differences immediately emerged after his talks with the EU’s top officials Donald Tusk and Jean-Claude Juncker on climate change, trade, and above all Russia, whose alleged ties to current and former members of the Trump administration are under investigation in the US.

“I’m not 100 per cent sure that we can say today – ‘we’ means Mr President and myself – that we have a common position, common opinion about Russia,” said Mr Tusk, a former prime minister of Poland.

Mr Trump had made restoring relations with Russia a key campaign promise but he has faced bitter opposition in Washington and has since become embroiled in scandal over the alleged links to Moscow.

Mr Tusk also called for “western values” to be promoted, challenging Mr Trump’s world view that self-interested deals best settle international problems.

The US president came to Brussels direct from a meeting with Pope Francis at the Vatican, after visiting Saudi Arabia, Israel and the Palestinian Territories.

On his arrival on Wednesday in Brussels, the city he once said had been turned into a “hellhole” by Muslim immigration, the president was greeted by around 9,000 protesters saying “Trump not welcome.”

* Agence France-Presse and Associated Press

Managing the separation process

  • Choose your nursery carefully in the first place
  • Relax – and hopefully your child will follow suit
  • Inform the staff in advance of your child’s likes and dislikes.
  • If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
  • The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
  • Be patient. Your child might love it one day and hate it the next
  • Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.  
The biog

Name: Sari Al Zubaidi

Occupation: co-founder of Cafe di Rosati

Age: 42

Marital status: single

Favourite drink: drip coffee V60

Favourite destination: Bali, Indonesia 

Favourite book: 100 Years of Solitude 

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Overview

What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.

When: From Sunday, February 2, to Wednesday, February 12.

Where: At 13 different centres across Sharjah.

Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.

Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.

How to apply for a drone permit
  • Individuals must register on UAE Drone app or website using their UAE Pass
  • Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
  • Upload the training certificate from a centre accredited by the GCAA
  • Submit their request
What are the regulations?
  • Fly it within visual line of sight
  • Never over populated areas
  • Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
  • Users must avoid flying over restricted areas listed on the UAE Drone app
  • Only fly the drone during the day, and never at night
  • Should have a live feed of the drone flight
  • Drones must weigh 5 kg or less
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”.

UAE currency: the story behind the money in your pockets

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.”

SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20Z%20FLIP%204
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Quick%20facts
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MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports