Live updates: follow the latest news on Russia-Ukraine
British Prime Minister Boris Johnson has indicated that he believes negotiations with Russia to end Vladimir Putin’s invasion of Ukraine are doomed to fail.
Mr Johnson on Wednesday compared dealing with the Russian president to negotiating with a “crocodile when it’s got your leg in its jaws”.
Speaking on a flight to India, Mr Johnson said Mr Putin might only seek to negotiate in earnest if he managed to seize a significant portion of Ukraine.
But he said that at that point, the Russian president might try to launch another assault on Kyiv.
Mr Johnson said Ukrainian president Volodymyr Zelenskyy had a “maximalist” approach to wanting to get back territory seized by Russia in the east of Ukraine.
But he said he believed Mr Zelenskyy was open to negotiations on Crimea, which was annexed by Mr Putin’s forces in 2014.
“It’s for the Ukrainians to decide their future," Mr Johnson said. "Nothing should be decided about Ukraine without Ukraine.
“But I think it’s very hard to see how the Ukrainians can negotiate with Putin now, given his manifest lack of good faith and his strategy, which is evident, to try to engulf and capture as much of Ukraine as he can, and then perhaps have some sort of negotiation from a position of strength, or even to launch another assault on Kyiv.
“So I really don’t see how the Ukrainians can easily sit down and come to some kind of accommodation.
“How can you negotiate with a crocodile when it’s got your leg in its jaws? That’s the difficulty the Ukrainians face.”
-

A sign that reads 'Children' is fixed on to a car windscreen riddled with bulletholes in Irpin, Ukraine. AFP -

A woman weeps next to her husband's coffin at a cemetery in Irpin. AFP -

Residents walk amid debris of a charred Russian tank next to destroyed houses in the village of Zalissya. AFP -

Volunteers distribute food to residents in Zalissya. AFP -

A man walks past a damaged apartment building in the southern port city of Mariupol. Reuters -

Tamara, 71, cries in front of a destroyed apartment building in Mariupol. Reuters -

Local residents push a cart with a child past destroyed buildings in Mariupol. Reuters -

A record player sits among debris inside an apartment in Mariupol. Reuters -

Residents carry belongings past a destroyed building in Mariupol. Reuters -

Security guards help an injured man following a Russian bombing of a factory in Kramatorsk. AP -

A man receives first aid treatment. AP -

Soldiers collect explosives after recent battles in the village of Moshchun, close to Kyiv. AP -

The Komodor logistics park lies in ruins after being bombed and burnt during the Russian invasion near Makarov. Getty Images -

A room in a kindergarten stands windowless in Makarov. Getty Images -

A vehicle draped with a Ukrainian flag passes over a war-damaged bridge in Makarov. Getty Images -

A man sits in a basement that was used as a bomb shelter in the village of Kukhari. EPA -

Local residents clean the area around a destroyed farm in Kukhari. EPA -

Nadia looks at her husband's coffin at a cemetery in Bucha. He was killed during the war. AFP -

Mangled buildings in Irpin point to the ravages of the ongoing war. Getty Images -

A burnt apartment tower in Irpin. Getty Images -

Family members grieve during the funeral of Ruslan Nechyporenko, 47, in Bucha. Getty Images -

An abandoned Russian military position in Borodyanka town near Kyiv. EPA -

Heavily pregnant Dr Marta Kopan, who fled Kyiv with her husband Dr Maxim Motsya and their three-year-old son Makar, narrates their ordeal at a relative's place in Lviv. AP -

A Ukrainian officer searches for unexploded explosives as he passes by an Antonov An-225, the world's biggest cargo aircraft, destroyed during the war on the outskirts of Kyiv. AP -

A woman stands amid the destruction caused when a civilian building was hit by a Russian missile in Lviv, western Ukraine. Getty Images -

Ukrainian soldiers on an armoured personnel carrier, near the front line with Russian troops, in Izyum district, Kharkiv region, north-eastern Ukraine. AFP -

Ukrainian refugees arrive at the Siret border crossing between Romania and Ukraine. AFP -

Ukranian soldiers in a trench look out across the front line near Kharkiv. AFP -

Cars destroyed in Russian attacks, in Irpin, near Kyiv. The scene of fierce fighting, the town was occupied by Russian forces. Reuters -

Damaged and destroyed vehicles at Illich Iron and Steel Works Metallurgical Plant, in an area controlled by Russian-backed separatists in besieged south-eastern city Mariupol. AP -

Russian military vehicles in an area controlled by Moscow-backed separatists near Mariupol. AP -

An elderly woman waits do be evacuated from a hospice in Chasiv Yar city, in Donetsk, eastern Ukraine. At least 35 residents have been helped to flee from the region that has been under attack for weeks. AP -

A Ukrainian Interior Ministry serviceman collects unexploded shells, grenades and mines, following fierce fighting in Hostomel. AP
“I don’t see how Putin can be taken to be a valid interlocutor now.”
But Mr Johnson did suggest that Mr Zelenskyy, who he recently visited in Kyiv and frequently calls, could be open to negotiation on Crimea.
“The view of the president of Ukraine, if I understood him correctly – I speak to him a lot – is he would actually like Russian forces to be expelled from their existing positions in Donetsk and Luhansk.
“That’s a pretty maximalist position. On Crimea, they’re not so maximalist.”
Call of Duty: Black Ops 6
Developer: Treyarch, Raven Software
Publisher: Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5
More on G20 meeting
The specs: 2019 Chevrolet Bolt EV
Price, base: Dh138,000 (estimate)
Engine: 60kWh battery
Transmission: Single-speed Electronic Precision Shift
Power: 204hp
Torque: 360Nm
Range: 520km (claimed)
UAE%20SQUAD
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)
World Cup warm up matches
May 24 Pakistan v Afghanistan, Bristol; Sri Lanka v South Africa, Cardiff
May 25 England v Australia, Southampton; India v New Zealand, The Oval
May 26 South Africa v West Indies, Bristol; Pakistan v Bangladesh, Cardiff
May 27 Australia v Sri Lanka, Southampton; England v Afghanistan, The Oval
May 28 West Indies v New Zealand, Bristol; Bangladesh v India, Cardiff
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Pharaoh's curse
British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.
How Beautiful this world is!
Quick pearls of wisdom
Focus on gratitude: And do so deeply, he says. “Think of one to three things a day that you’re grateful for. It needs to be specific, too, don’t just say ‘air.’ Really think about it. If you’re grateful for, say, what your parents have done for you, that will motivate you to do more for the world.”
Know how to fight: Shetty married his wife, Radhi, three years ago (he met her in a meditation class before he went off and became a monk). He says they’ve had to learn to respect each other’s “fighting styles” – he’s a talk it-out-immediately person, while she needs space to think. “When you’re having an argument, remember, it’s not you against each other. It’s both of you against the problem. When you win, they lose. If you’re on a team you have to win together.”
While you're here
Con Coughlin: Nato must renew its sense of common purpose
Sholto Byrnes: In today's times, what is Nato really good for?
C Uday Bhaskar: Could the 'Quad' become Asia's new Nato?
More on Quran memorisation:
Living in...
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.
Roll of honour 2019-2020
Dubai Rugby Sevens
Winners: Dubai Hurricanes
Runners up: Bahrain
West Asia Premiership
Winners: Bahrain
Runners up: UAE Premiership
UAE Premiership
}Winners: Dubai Exiles
Runners up: Dubai Hurricanes
UAE Division One
Winners: Abu Dhabi Saracens
Runners up: Dubai Hurricanes II
UAE Division Two
Winners: Barrelhouse
Runners up: RAK Rugby
The specs
Engine: 2-litre 4-cylinder and 3.6-litre 6-cylinder
Power: 220 and 280 horsepower
Torque: 350 and 360Nm
Transmission: eight-speed automatic
Price: from Dh136,521 VAT and Dh166,464 VAT
On sale: now
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
COMPANY%20PROFILE
The%20specs
The specs
Engine: 6.2-litre V8
Power: 502hp at 7,600rpm
Torque: 637Nm at 5,150rpm
Transmission: 8-speed dual-clutch auto
Price: from Dh317,671
On sale: now
Young women have more “financial grit”, but fall behind on investing
In an October survey of young adults aged 16 to 25, Charles Schwab found young women are more driven to reach financial independence than young men (67 per cent versus. 58 per cent). They are more likely to take on extra work to make ends meet and see more value than men in creating a plan to achieve their financial goals. Yet, despite all these good ‘first’ measures, they are investing and saving less than young men – falling early into the financial gender gap.
While the women surveyed report spending 36 per cent less than men, they have far less savings than men ($1,267 versus $2,000) – a nearly 60 per cent difference.
In addition, twice as many young men as women say they would invest spare cash, and almost twice as many young men as women report having investment accounts (though most young adults do not invest at all).
“Despite their good intentions, young women start to fall behind their male counterparts in savings and investing early on in life,” said Carrie Schwab-Pomerantz, senior vice president, Charles Schwab. “They start off showing a strong financial planning mindset, but there is still room for further education when it comes to managing their day-to-day finances.”
Ms Schwab-Pomerantz says parents should be conveying the same messages to boys and girls about money, but should tailor those conversations based on the individual and gender.
"Our study shows that while boys are spending more than girls, they also are saving more. Have open and honest conversations with your daughters about the wage and savings gap," she said. "Teach kids about the importance of investing – especially girls, who as we see in this study, aren’t investing as much. Part of being financially prepared is learning to make the most of your money, and that means investing early and consistently."
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.”
While you're here
Bryant Harris: What Joe Biden did during his first week as US President
Kareem Shaheen: Omar Alghabra outshines the racists who malign him
Kareem Shaheen: Canada is failing those who bear its greatest Covid-19 burdens


