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Ukraine is battling tanks and trucks with drone strikes while Russia’s air force remains notable by its absence, military analysts have said.
Ukrainian commanders are also considering how to attack the huge armoured convoy, which by Tuesday afternoon was about 25 kilometres from Kiev.
But despite the early successes of Ukraine’s drone force, destroying a number of crucial supply trucks, the country is urgently requesting more unmanned attack aircraft to hold off the Russian advance.
Its drone force was meant to have been wiped out by Russia’s electronic warfare devices, air defences and fighter jets in opening battles, but still it remains a threat.
While Ukraine has a variety of its own drone manufacturers, it is relying heavily on the Turkish-built Bayraktar TB2s that have proven their effectiveness against Russian hardware in Syria, Libya and Nagorno-Karabakh.
The TB2s carry four guided anti-tank missiles, fly at a maximum speed of 220kph and have an endurance of 27 hours.
The unmanned aircraft have destroyed three SAM missile systems and four 152mm artillery pieces, along with more than 10 trucks and several tanks, according to evidence provided to the London-based Rusi think tank.
However, the TB2s navigate by GPS sending out a strong radio signal making them easy to track and destroy if Russia chooses to concentrate on them.
Ukraine possesses at least 12 and on Tuesday the country’s ambassador to Britain, Vadym Prystaiko, called for more aircraft. Ukrainian military personnel were also being trained in Turkey on how to operate drones as not enough people know how to use the devices effectively, he said.
That the drones have been able to fly is partly due to the failure of the Russia air force, the VKS, to dominate the skies.
Its absence over Ukraine has baffled military observers. When the opening barrage of missiles took out much of Ukraine’s early warning radar, rendering its air defences blind, it was a given that Russia’s armada of 300 modern warplanes, all within striking range, would immediately follow.
The force includes 80 advanced Su-35S air superiority fighters and 110 multirole Su-30SM, all capable of firing precision-guided missiles.
Close air support is a vital aspect of modern warfare with land units usually advancing only when the skies are secured.
However, it is possible that many of the VKS’s precision bombs have been fired during fighting in Syria and as yet the Russians are unwilling to drop “dumb” bombs for fear of causing mass civilian casualties.
An apparent overreliance on their fabled ground-based air defence might have meant fewer VKS warplanes overhead to avoid blue-on-blue incidents.
Ironically, a number of SAM systems mounted on tracked vehicles have been destroyed while caught in columns.
VKS pilots have less flying training compared to their Western counterparts, averaging about 100 hours a year while US and UK fighter pilots receive up to 240 hours, said the Rusi report, The Mysterious Case of the Missing Russian Air Force.
“Despite an impressive modernisation programme that has seen the acquisition of around 350 new modern combat aircraft over the past decade, VKS pilots struggle to effectively employ many of the theoretical capabilities of their aircraft in the complex and contested air environment of Ukraine,” said Justin Bronk, the report’s author and an airpower expert at Rusi.
The air failures have also been highlighted in an intelligence report by the UK Ministry of Defence. “Russia has failed to gain control of the airspace over Ukraine prompting a shift to night operations in an attempt to reduce their losses," it said.
This could mean that Russia’s T-90 and T-72B3M tanks, equipped with modern thermal-imaging sights supplied by a French firm, will now fight at night.
Failure to control the skies has caused other issues. The Ukrainians have been able to shoot down both attack and transport helicopters using western-supplied Stinger missiles. This prevented a swift airborne assault taking place for a decapitation operation on Kiev.
The sight of their own fighter jets in the air above Kiev has also proven a major morale boost for the population, spurring on their defences.
With the 64-kilometre armoured column bearing down on Kiev, it is thought the Ukrainian military might deploy tanks, artillery and other weapons that they have not yet been committed to the battle.
These arms can probably be used only once before they suffer significant losses but that moment might be now as Kiev faces being surrounded by a ring of Russian steel.
How the Ukrainians use their offensive weapons has to be balanced carefully. “With artillery there's this concept called 'unmasking', which basically means once you open fire, the clock starts on how long that artillery is going to be alive,” said Sam Cranny-Evans, a Russia military expert at Rusi. “Usually that will be about four minutes unless they move position. So they have to be careful about when they are unmask their various resources as they will probably only have one chance to deploy it.”
Questions have been raised over whether Russia has changed tactics and is driving straight down major roads seemingly without their flanks secured.
“It really depends on how the Russians fight,” Mr Cranny-Evans said. “They can continue driving down roads without any real creativity. If the Ukrainians are able to bring enough forces into place with anti-tank and Stinger anti-aircraft missiles they could severely maul that column.”
The war may well move on to a more brutal phase with the Russians willing to resort to tactics used in Homs and Aleppo of surrounding a city and using the bludgeon of airpower and artillery to take out strong points, regardless of civilian casualties.
Tuesday’s attack on Kharkiv was a clear assault on non-military targets using cluster weapons, although it is not yet clear if thermobaric vacuum bombs have been used.
Western officials have made it clear that any human rights violations will be investigated, with President Vladimir Putin held to account.
Particular concern is focused on the TOS-1A thermobaric weapon that fires 24 rockets, creating an indiscriminate firestorm effect. “This is a subject that we will keep under close observation,” one western official said. “I think we will be very attentive of and alert to war crimes or breaches of international humanitarian law in this conflict.”
Western officials are also concerned that once Russia irons out its flaws, it will persevere.
“There is a likelihood that they will then be able to bring more of the firepower and then manoeuvre forces to bear into combat with Ukrainian fighters,” a security official said. “I think we will then see an attempt by Russia to achieve its original objectives Kiev and the Donbas.”
However, the Russians have already suffered “significant numbers of casualties” that they will not be able to hide from the people "back home”, the official said.
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Have you been targeted?
Tuan Phan of SimplyFI.org lists five signs you have been mis-sold to:
1. Your pension fund has been placed inside an offshore insurance wrapper with a hefty upfront commission.
2. The money has been transferred into a structured note. These products have high upfront, recurring commission and should never be in a pension account.
3. You have also been sold investment funds with an upfront initial charge of around 5 per cent. ETFs, for example, have no upfront charges.
4. The adviser charges a 1 per cent charge for managing your assets. They are being paid for doing nothing. They have already claimed massive amounts in hidden upfront commission.
5. Total annual management cost for your pension account is 2 per cent or more, including platform, underlying fund and advice charges.
Types of bank fraud
1) Phishing
Fraudsters send an unsolicited email that appears to be from a financial institution or online retailer. The hoax email requests that you provide sensitive information, often by clicking on to a link leading to a fake website.
2) Smishing
The SMS equivalent of phishing. Fraudsters falsify the telephone number through “text spoofing,” so that it appears to be a genuine text from the bank.
3) Vishing
The telephone equivalent of phishing and smishing. Fraudsters may pose as bank staff, police or government officials. They may persuade the consumer to transfer money or divulge personal information.
4) SIM swap
Fraudsters duplicate the SIM of your mobile number without your knowledge or authorisation, allowing them to conduct financial transactions with your bank.
5) Identity theft
Someone illegally obtains your confidential information, through various ways, such as theft of your wallet, bank and utility bill statements, computer intrusion and social networks.
6) Prize scams
Fraudsters claiming to be authorised representatives from well-known organisations (such as Etisalat, du, Dubai Shopping Festival, Expo2020, Lulu Hypermarket etc) contact victims to tell them they have won a cash prize and request them to share confidential banking details to transfer the prize money.
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.”