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Noam Chomsky has no truck with those who would explain away the brutality of the war in Ukraine, but he does warn that there only two outcomes of the seven-week conflict.
"One possibility is to move on to facilitate the destruction of Ukraine and possibly a nuclear war," Prof Chomsky told The National. "That's one possibility.
"So when you read a headline in a main journal in the United States calling for Russia delenda est (we must destroy Russia), what that is saying is I want to kill everybody in Ukraine and I want to move on to a nuclear war which will end human life on Earth.
"The other possibility is to abandon that stance to move in the direction that [French President] Emmanuel Macron was moving towards in his abortive discussions with [Russian leader Vladimir] Putin."
The phrase "Russia delenda est" is an echo of Cato the Elder's formula that declared Carthage must be destroyed to stop the enemies of Rome and was indeed published in recent weeks in Washington publications.
It is not an irony that it was updated by the Russian author Leo Tolstoy in 1899, in a famous attack on militarism and promotion of pacifism by the writer of the epic War and Peace.
For Prof Chomsky, 93, whose father was born in what is now Ukraine (his mother was born in what is now Belarus), the obvious path forward has been well promoted as an alternative to the Cold War settlement for more than 15 years.
To give Mr Putin the kind of security landscape he seeks for Russia avoids a bleak escalatory pathway with a country that has an enormous nuclear arsenal.
"Now that kind of settlement will be ugly," he said. "That's a fact. It will have to offer President Putin some kind of escape hatch.
"If it doesn't offer an escape hatch then, when the hard men in Moscow have their backs to the wall and are told there's nothing left for you, the only choice for them is to use all their power.
"So the settlement will have to have an escape hatch. And everyone knows pretty much what it is.
"It will have to be a settlement that agrees on the neutralisation of Ukraine and some diplomatic finesse to put aside for the time being the status of Donbas and Crimea to be negotiated at a later stage, and a ceasefire and withdrawal of troops.
"That's basically the framework and it's understood out of all sides."
For one with an enormous following in radical leftist politics, Prof Chomsky evinces great respect for diplomatic expertise.
One scenario is that Ukrainian President Volodymyr Zelenskyy could reach a ceasefire with the Kremlin but Washington would effectively scupper it by refusing to unwind sanctions.
Prof Chomsky has been critical of US President Joe Biden's moral outrage over Ukraine but indifference elsewhere, notably with regards to Afghanistan.
"Washington's position now is to fight to the last Ukrainian," he said. "Not my words, I'm quoting one of the most astute and respected members of the diplomatic service, former ambassador to Saudi Arabia, Chas Freeman.
"He has described in some detail US strategy, and in his words, it's fight to the last Ukraine but don't have a negotiated settlement. Don't offer a way out — that's US policy."
He regards Mr Biden's decision last September to issue a statement on a Strategic Defence Framework for Ukraine, offering advanced weapons, joint exercises and increased training for the Kyiv military, as a potential trigger.
"It could be that this was what finally induced Russia to make the dangerous, criminal decision to go to direct invasion," he said.
Prof Chomsky's analysis renders much of western analysis of how the war has unfolded as being besides the point.
The strategy experts agree that drastic escalation or a scaled-back campaign focused on the south and east are Mr Putin's immediate choices.
The wider findings that Russia crucially underestimated Ukraine's will to resist, misread unity among western countries and even that it now faces disquiet among the sanctioned Russian elite should be set aside.
The paramount factor for Prof Chomsky is the 30-year unravelling of the post Cold War entente.
"There was a great opportunity at the end of the Cold War and President Bush, first President [George] HW Bush, actually pursued it," he says.
"Mikhail Gorbachev had presented a vision of a post Cold War Europe. It would be a unified Eurasia from Lisbon to Vladivostok with no military alliances — what was called common European home.
"President Bush's option was not that different, it was called the 'Partnership for Peace'. The Partnership for Peace didn't exclude Nato but it had a limited relationship to it. So countries could join the Partnership for Peace without a connection to Nato.
"Tajikistan, for example, joined — no Nato connection — and it could have been extended to include Russia in a general partnership for peace in which military alliances would erode and maybe disappear."
The turning point was the policy path pursued by Bill Clinton, who replaced the Republican in 1993. Prof Chomsky sees Mr Clinton as playing both sides by signalling partnership with Moscow, but preparing ground for an expansion of the North Atlantic alliance to the Russia border from the mid-1990s.
"To the Russians he said 'Partnership for Peace'," he said. "To the world he said we're going to expand Nato to the Russian border. He was bitterly condemned by Boris Yeltsin.
"This was in strict violation of a promise, firm commitment, that President Bush had made to Gorbachev that Nato would not extend one inch to the east, meaning to the east of East Germany, and Bush lived up to that."
Worse was to come when George W Bush sought untrammelled Nato growth after the September 11 attacks and the campaign in Afghanistan.
"When George W Bush came in, the second Bush, he threw it open to the wind, invited in a series of other former Russian satellites right to the Russian border," Prof Chomsky said.
"Every American diplomat — George Kennan, Henry Kissinger, heads of the CIA — all of them understood very clearly that Georgia and Ukraine are red lines. The Russians will tolerate a lot but not the entry of a hostile military alliance into their geostrategic heartland."
From the great unravelling to the outbreak of conflict in Georgia in 2008 and in Ukraine in 2014, when Russia secured enclaves of Russian speakers in both countries, the deterioration in understanding with Moscow has been slow but inexorable.
What Prof Chomsky now fears is a literal endgame for all organised humanity.
"One possibility is to move on to facilitate the destruction of Ukraine and possibly a nuclear war," he said.
"It also means strong possibility of moving on to confrontation between major nuclear powers, which is essentially the end."
SUE%20GRAY'S%20FINDINGS
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'Munich: The Edge of War'
Director: Christian Schwochow
Starring: George MacKay, Jannis Niewohner, Jeremy Irons
Rating: 3/5
MATCH INFO
English Premiership semi-finals
Saracens 57
Wasps 33
Exeter Chiefs 36
Newcastle Falcons 5
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.”
FIXTURES
Monday, January 28
Iran v Japan, Hazza bin Zayed Stadium (6pm)
Tuesday, January 29
UAEv Qatar, Mohamed Bin Zayed Stadium (6pm)
Friday, February 1
Final, Zayed Sports City Stadium (6pm)
COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ENomad%20Homes%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2020%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EHelen%20Chen%2C%20Damien%20Drap%2C%20and%20Dan%20Piehler%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20and%20Europe%3Cbr%3E%3Cstrong%3EIndustry%3C%2Fstrong%3E%3A%20PropTech%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2444m%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Acrew%20Capital%2C%2001%20Advisors%2C%20HighSage%20Ventures%2C%20Abstract%20Ventures%2C%20Partech%2C%20Precursor%20Ventures%2C%20Potluck%20Ventures%2C%20Knollwood%20and%20several%20undisclosed%20hedge%20funds%3C%2Fp%3E%0A
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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5
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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COMPANY PROFILE
Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed
JOKE'S%20ON%20YOU
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French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
World record transfers
1. Kylian Mbappe - to Real Madrid in 2017/18 - €180 million (Dh770.4m - if a deal goes through)
2. Paul Pogba - to Manchester United in 2016/17 - €105m
3. Gareth Bale - to Real Madrid in 2013/14 - €101m
4. Cristiano Ronaldo - to Real Madrid in 2009/10 - €94m
5. Gonzalo Higuain - to Juventus in 2016/17 - €90m
6. Neymar - to Barcelona in 2013/14 - €88.2m
7. Romelu Lukaku - to Manchester United in 2017/18 - €84.7m
8. Luis Suarez - to Barcelona in 2014/15 - €81.72m
9. Angel di Maria - to Manchester United in 2014/15 - €75m
10. James Rodriguez - to Real Madrid in 2014/15 - €75m
Difference between fractional ownership and timeshare
Although similar in its appearance, the concept of a fractional title deed is unlike that of a timeshare, which usually involves multiple investors buying “time” in a property whereby the owner has the right to occupation for a specified period of time in any year, as opposed to the actual real estate, said John Peacock, Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem & Associates, a law firm.
Key findings of Jenkins report
- Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
- Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
- Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
- Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Skoda Superb Specs
Engine: 2-litre TSI petrol
Power: 190hp
Torque: 320Nm
Price: From Dh147,000
Available: Now
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The Sky Is Pink
Director: Shonali Bose
Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf
Three stars
Indika
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%2011%20Bit%20Studios%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Odd%20Meter%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%205%2C%20PC%20and%20Xbox%20series%20X%2FS%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
The specs: 2018 Nissan 370Z Nismo
The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
Fuel consumption, combined: 10.5L / 100km
ICC Awards for 2021
MEN
Cricketer of the Year – Shaheen Afridi (Pakistan)
T20 Cricketer of the Year – Mohammad Rizwan (Pakistan)
ODI Cricketer of the Year – Babar Azam (Pakistan)
Test Cricketer of the Year – Joe Root (England)
WOMEN
Cricketer of the Year – Smriti Mandhana (India)
ODI Cricketer of the Year – Lizelle Lee (South Africa)
T20 Cricketer of the Year – Tammy Beaumont (England)