British Defence Secretary Ben Wallace speaks after co-hosting a donor conference in Copenhagen, Denmark. AFP
British Defence Secretary Ben Wallace speaks after co-hosting a donor conference in Copenhagen, Denmark. AFP
British Defence Secretary Ben Wallace speaks after co-hosting a donor conference in Copenhagen, Denmark. AFP
British Defence Secretary Ben Wallace speaks after co-hosting a donor conference in Copenhagen, Denmark. AFP

Putin unlikely to succeed in occupying Ukraine, UK defence secretary Ben Wallace says


Soraya Ebrahimi
  • English
  • Arabic

Russian President Vladimir Putin is unlikely to succeed in occupying Ukraine, UK Defence Secretary Ben Wallace has said.

Russia’s invasion of Ukraine has “faltered” and is “starting to fail”, Mr Wallace said, as he pledged more financial and military support to the Eastern European nation’s defence.

Denmark joined the UK in offering more aid to Ukraine at a conference in Copenhagen on Thursday, co-hosted by Mr Wallace.

The defence secretary said it was important to understand that fighting and loss of life were still taking place, but added Russia was “starting to fail in many areas”.

“They have failed so far and are unlikely to ever succeed in occupying Ukraine,” he said.

“Their invasion has faltered and constantly been remodified to the extent they are really only focusing in parts of the south and in the east — a long, long way away from their three-day so-called special operation.”

He said that three days have turned into more than 150 days, with huge significant losses of both equipment and personnel.

President Putin will have gambled that come August, come a few months in, we will have all got bored of the conflict and the international community would have gone off in different directions. Well, today is proof of the opposite,” said the defence secretary.

“We have come out of this meeting with more pledges of finance, more pledges of training and more pledges of military aid, all designed to help Ukraine win, to help Ukraine stand up for its sovereignty and indeed to ensure that President Putin’s ambitions fail in Ukraine as they rightly should.”

Ukraine mine clearers reveal Russian ammunition and booby traps — in pictures

  • With Russian mines planted beneath many of Ukraine’s roads, driving in formerly occupied territory is hazardous. All photos: Halo Trust
    With Russian mines planted beneath many of Ukraine’s roads, driving in formerly occupied territory is hazardous. All photos: Halo Trust
  • The Halo Trust charity is trying to track down unexploded bombs.
    The Halo Trust charity is trying to track down unexploded bombs.
  • Some of the abandoned cars on Ukraine’s roads have been damaged by mines.
    Some of the abandoned cars on Ukraine’s roads have been damaged by mines.
  • Others were civilian accidents.
    Others were civilian accidents.
  • Anti-tank mines have been buried 10 to 20 centimetres under roads, with only the detonator tip in view.
    Anti-tank mines have been buried 10 to 20 centimetres under roads, with only the detonator tip in view.
  • Ploughing and harvesting have become hazardous, as this burnt-out tractor shows.
    Ploughing and harvesting have become hazardous, as this burnt-out tractor shows.

Mr Wallace said allies will need to soon start buying weapons from other countries or “placing orders in factories to increase ammo supply to Ukraine” as their own reserve stocks are depleted.

The Ministry of Defence earlier confirmed it would send more weapons to Ukraine to help it defend itself against Russia’s invasion.

These will include multiple-launch rocket systems as well as precision-guided missiles, which can strike targets up to 80 kilometres away and are designed to defend against Russian heavy artillery.

“Our continued support sends a very clear message: Britain and the international community remain opposed to this illegal war and will stand shoulder to shoulder, providing defensive military aid to Ukraine to help them defend against Putin’s invasion,” said Mr Wallace.

Putin's inner circle — in pictures

  • Head of Russia's SVR intelligence service Sergei Naryshkin has seen his status eroded by the strong resistance encountered in Ukraine, which he did not foresee. EPA
    Head of Russia's SVR intelligence service Sergei Naryshkin has seen his status eroded by the strong resistance encountered in Ukraine, which he did not foresee. EPA
  • Head of Russia's Roscosmos space agency Dmitry Rogozin has threatened to abandon a Nasa astronaut on the International Space Station. AFP
    Head of Russia's Roscosmos space agency Dmitry Rogozin has threatened to abandon a Nasa astronaut on the International Space Station. AFP
  • Russian Defence Minister Sergei Shoigu was one of the architects of Moscow's intervention in Syria. AFP
    Russian Defence Minister Sergei Shoigu was one of the architects of Moscow's intervention in Syria. AFP
  • Russian President Vladimir Putin meets with Russia's oil giant Rosneft chief Igor Sechin. He has been described as Mr Putin's right-hand man. AFP
    Russian President Vladimir Putin meets with Russia's oil giant Rosneft chief Igor Sechin. He has been described as Mr Putin's right-hand man. AFP
  • Secretary of Russia's Security Council Nikolai Patrushev attends a meeting in Moscow. He is said to have known Mr Putin for 50 years. AFP
    Secretary of Russia's Security Council Nikolai Patrushev attends a meeting in Moscow. He is said to have known Mr Putin for 50 years. AFP
  • Sergei Ivanov, Russian special representative on questions of ecology and transport, is a close friend of Mr Putin. AFP
    Sergei Ivanov, Russian special representative on questions of ecology and transport, is a close friend of Mr Putin. AFP
  • Federal Security Service director Alexander Bortnikov is responsible for a huge network of agents in Russia. AFP
    Federal Security Service director Alexander Bortnikov is responsible for a huge network of agents in Russia. AFP
  • At 58, president of the Duma Lower House of Parliament Vyacheslav Volodin is one of the younger members of the inner circle. He has been touted as a possible successor to Mr Putin. AFP
    At 58, president of the Duma Lower House of Parliament Vyacheslav Volodin is one of the younger members of the inner circle. He has been touted as a possible successor to Mr Putin. AFP

Ukrainian troops have been trained in the UK on how to use the launchers and the UK has also committed to training 10,000 Ukrainian soldiers in infantry battlefield skills over the coming months.

Canada, Denmark, Sweden, Finland and the Netherlands have all announced they will be supporting the programme.

The UK has previously supplied Ukraine with various weapons, including the NLAW anti-tank missile launcher, which was considered instrumental in the initial defence against Moscow’s invasion.

Putin hits back at G7 leaders who mocked him — video

It comes as the International Fund for Ukraine has been expanded, with £250 million ($305m) of the £1 billion total given by the UK to provide military equipment and other support, aimed at ensuring the provision of new weapons and the maintenance and repair of existing kit.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

KLOPP%20AT%20LIVERPOOL
%3Cp%3EYears%3A%20October%202015%20-%20June%202024%3Cbr%3ETotal%20games%3A%20491%3Cbr%3EWin%20percentage%3A%2060.9%25%3Cbr%3EMajor%20trophies%3A%206%20(Premier%20League%20x%201%2C%20Champions%20League%20x%201%2C%20FA%20Cup%20x%201%2C%20League%20Cup%20x%202%2C%20Fifa%20Club%20World%20Cup%20x1)%3C%2Fp%3E%0A

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.”

'Will%20of%20the%20People'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EMuse%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EWarner%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202.5%2F5%3C%2Fp%3E%0A
'The Sky is Everywhere'

Director:Josephine Decker

Stars:Grace Kaufman, Pico Alexander, Jacques Colimon

Rating:2/5

MATCH INFO

Norwich 0

Watford 2 (Deulofeu 2', Gray 52')

Red card: Christian Kabasele (WatforD)

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

J%20Street%20Polling%20Results
%3Cp%3E97%25%20of%20Jewish-Americans%20are%20concerned%20about%20the%20rise%20in%20anti-Semitism%3Cbr%3E%3Cbr%3E76%25%20of%20US%20Jewish%20voters%20believe%20Donald%20Trump%20and%20his%20allies%20in%20the%20Republican%20Party%20are%20responsible%20for%20a%20rise%20in%20anti-Semitism%3Cbr%3E%3Cbr%3E74%25%20of%20American%20Jews%20agreed%20that%20%E2%80%9CTrump%20and%20the%20Maga%20movement%20are%20a%20threat%20to%20Jews%20in%20America%22%3Cbr%3E%3C%2Fp%3E%0A
if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

The%20Beekeeper
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EDavid%20Ayer%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EJason%20Statham%2C%20Josh%20Hutcherson%2C%20Emmy%20Raver-Lampman%2C%20Minnie%20Driver%2C%20Jeremy%20Irons%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%3C%2Fp%3E%0A

'Manmarziyaan' (Colour Yellow Productions, Phantom Films)
Director: Anurag Kashyap​​​​​​​
Cast: Abhishek Bachchan, Taapsee Pannu, Vicky Kaushal​​​​​​​
Rating: 3.5/5

Dubai Women's Tour teams

Agolico BMC
Andy Schleck Cycles-Immo Losch
Aromitalia Basso Bikes Vaiano
Cogeas Mettler Look
Doltcini-Van Eyck Sport
Hitec Products – Birk Sport 
Kazakhstan National Team
Kuwait Cycling Team
Macogep Tornatech Girondins de Bordeaux
Minsk Cycling Club 
Pannonia Regional Team (Fehérvár)
Team Auvergne-Rhône-Alpes
Team Ciclotel
UAE Women’s Team
Under 23 Kazakhstan Team
Wheel Divas Cycling Team

The biog

Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Floward%0D%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3ERiyadh%2C%20Saudi%20Arabia%0D%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAbdulaziz%20Al%20Loughani%20and%20Mohamed%20Al%20Arifi%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EE-commerce%0D%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%20%3C%2Fstrong%3EAbout%20%24200%20million%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EAljazira%20Capital%2C%20Rainwater%20Partners%2C%20STV%20and%20Impact46%0D%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%20%3C%2Fstrong%3E1%2C200%3C%2Fp%3E%0A
'The worst thing you can eat'

Trans fat is typically found in fried and baked goods, but you may be consuming more than you think.

Powdered coffee creamer, microwave popcorn and virtually anything processed with a crust is likely to contain it, as this guide from Mayo Clinic outlines: 

Baked goods - Most cakes, cookies, pie crusts and crackers contain shortening, which is usually made from partially hydrogenated vegetable oil. Ready-made frosting is another source of trans fat.

Snacks - Potato, corn and tortilla chips often contain trans fat. And while popcorn can be a healthy snack, many types of packaged or microwave popcorn use trans fat to help cook or flavour the popcorn.

Fried food - Foods that require deep frying — french fries, doughnuts and fried chicken — can contain trans fat from the oil used in the cooking process.

Refrigerator dough - Products such as canned biscuits and cinnamon rolls often contain trans fat, as do frozen pizza crusts.

Creamer and margarine - Nondairy coffee creamer and stick margarines also may contain partially hydrogenated vegetable oils.

The specs: 2018 Renault Megane

Price, base / as tested Dh52,900 / Dh59,200

Engine 1.6L in-line four-cylinder

Transmission Continuously variable transmission

Power 115hp @ 5,500rpm

Torque 156Nm @ 4,000rpm

Fuel economy, combined 6.6L / 100km

Ziina users can donate to relief efforts in Beirut

Ziina users will be able to use the app to help relief efforts in Beirut, which has been left reeling after an August blast caused an estimated $15 billion in damage and left thousands homeless. Ziina has partnered with the United Nations High Commissioner for Refugees to raise money for the Lebanese capital, co-founder Faisal Toukan says. “As of October 1, the UNHCR has the first certified badge on Ziina and is automatically part of user's top friends' list during this campaign. Users can now donate any amount to the Beirut relief with two clicks. The money raised will go towards rebuilding houses for the families that were impacted by the explosion.”

Updated: August 12, 2022, 6:57 AM