Latest: Tears, hugs and accusations as Harry and Meghan Netflix docuseries released
King Charles III faces a decision over whether to cut off Prince Harry and Meghan, as a former aide who claims to be have been bullied by the Duchess of Sussex publicly rejected the couple’s “lies”.
Royal commentator Richard Fitzwilliams said hopes for a reconciliation are fading between Prince Harry, his wife Meghan and the royal family.
“I think it’s a very difficult end to the year for the royal family,” he told The National.
“The king’s first Christmas message will be bookended by the two Netflix documentaries, which appear to be very antagonistic. And one must assume that Spare, which is an acid title, would be ungenerous towards the royals.”
Hints about the revelations to come may leave the king with a choice to make in the new year, Mr Fitzwilliams said.
“It may be that King Charles has a decision to make as to precisely what, if any relations [he has with Meghan and Harry] — what about the coronation, will they be asked? Will they be cut off completely?”
His comments came as a former Buckingham Palace aide who claims they were bullied by the Duchess of Sussex called on the palace to reject the allegations in the docuseries and book.
The person, who signed a confidentiality agreement, told The Times: “The only way to end it once, for good, is for us to be allowed to speak, and for the palace to firmly reject their lies.
“It’s emotionally draining. It feels like there’s no end to it.
“[Meghan] knows we can’t financially protect ourselves by going to court, so she keeps pushing.
“It’s all a game for her. And she is loving it.”
The person called on the palace to “step up” by lifting all the non-disclosure agreements, and said they should “publicly respond to [the Sussexes’] attacks”.
However, Mr Fitzwilliams said it will be difficult for the palace to do anything in response to the allegations.
Responding point by point would be "disastrous" and taking away their royal titles would not be easy.
“What can they royals do? It’s almost impossible for the royals to do anything. If you do point by point, it’s disastrous.
Harry & Meghan documentary - in pictures
“You can’t take titles away as it would be an act of Parliament. You could put out a statement. [Queen Elizabeth II] said some recollections may vary and that was very impressive. It was all they could do.
“Charles has only been there for three months. He hasn’t been crowned yet. It must end, I would have thought, in anticipating it’s going to be awful.”
Prince Harry and Meghan accepted an award on Tuesday in New York from the Robert F Kennedy Human Rights organisation, honouring their work to promote racial justice and mental health awareness.
Kerry Kennedy, daughter of Robert F Kennedy, and president of the organisation, said she was "proud" to be honouring the couple at the gala.
"They've stood up, they've talked about racial justice and they've talked about mental illness in a way that was incredibly brave," she told US outlet Extra.
"For Meghan to get out there on national television and normalise discussion of mental health, at this point, is incredibly important and very brave."
Harry and Meghan at the Ripple of Hope awards gala - in pictures
The event was held days before the launch of the couple’s tell-all Netflix docuseries, which airs on Thursday.
The second trailer for the “Netflix Global Event” was screened on Monday, with Prince Harry speaking of a “dirty game” involving the leaking and planting of stories by the royal family.
He also referenced “the pain and suffering of women marrying into this institution,” and a “feeding frenzy”.
The six-episode docuseries will also “share the other side of their high-profile love story”, Netflix said.
The couple is shown receiving rapturous applause while conducting royal duties, announcing their engagement and their wedding in 2018, as a news clip voice-over by broadcaster Piers Morgan says: “She's becoming a royal rock star."
It cuts to Meghan saying “and then” before snapping her fingers, with Harry adding: “Everything changed.”
Volume one of the series will go out on Thursday — exactly three months after the death of the queen, Harry's grandmother. The second volume will be released on December 15.
Prince Harry and Meghan Duchess of Sussex through the years - in pictures
Five expert hiking tips
- Always check the weather forecast before setting off
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- Take your litter home with you
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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street
The seven points are:
Shakhbout bin Sultan Street
Dhafeer Street
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Salama bint Butti Street
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Starring: Ali El Ghoureir, Khalil El Roumeithy, Mostafa Abo Seria
Stars: 3
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
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Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin
Director: Shawn Levy
Rating: 3/5
Dhadak 2
Director: Shazia Iqbal
Starring: Siddhant Chaturvedi, Triptii Dimri
Rating: 1/5
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
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- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
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.”
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Engine: 1.5-litre 4-cyl turbo
Power: 194hp at 5,600rpm
Torque: 275Nm from 2,000-4,000rpm
Transmission: 6-speed auto
Price: from Dh155,000
On sale: now
The essentials
What: Emirates Airline Festival of Literature
When: Friday until March 9
Where: All main sessions are held in the InterContinental Dubai Festival City
Price: Sessions range from free entry to Dh125 tickets, with the exception of special events.
Hot Tip: If waiting for your book to be signed looks like it will be timeconsuming, ask the festival’s bookstore if they have pre-signed copies of the book you’re looking for. They should have a bunch from some of the festival’s biggest guest authors.
Information: www.emirateslitfest.com
More on Quran memorisation:
Tickets
Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.
RESULT
Los Angeles Galaxy 2 Manchester United 5
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United: Rashford (2', 20'), Fellaini (26'), Mkhitaryan (67'), Martial (72')
War 2
Director: Ayan Mukerji
Stars: Hrithik Roshan, NTR, Kiara Advani, Ashutosh Rana
Rating: 2/5
MATCH INFO
Tottenham Hotspur 3 (Son 1', Kane 8' & 16') West Ham United 3 (Balbuena 82', Sanchez og 85', Lanzini 90' 4)
Man of the match Harry Kane
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
Key 2013/14 UAE Motorsport dates
October 4: Round One of Rotax Max Challenge, Al Ain (karting)
October 1: 1 Round One of the inaugural UAE Desert Championship (rally)
November 1-3: Abu Dhabi Grand Prix (Formula One)
November 28-30: Dubai International Rally
January 9-11: 24Hrs of Dubai (Touring Cars / Endurance)
March 21: Round 11 of Rotax Max Challenge, Muscat, Oman (karting)
April 4-10: Abu Dhabi Desert Challenge (Endurance)
The specs: Lamborghini Aventador SVJ
Price, base: Dh1,731,672
Engine: 6.5-litre V12
Gearbox: Seven-speed automatic
Power: 770hp @ 8,500rpm
Torque: 720Nm @ 6,750rpm
Fuel economy: 19.6L / 100km
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