A US Army soldier salutes after laying a wreath during the 30th annual event to lay wreaths on more than 253,000 headstones of the US military service members buried at Arlington National Cemetery in Arlington, Virginia. Reuters
A US Army soldier salutes after laying a wreath during the 30th annual event to lay wreaths on more than 253,000 headstones of the US military service members buried at Arlington National Cemetery in Arlington, Virginia. Reuters
A US Army soldier salutes after laying a wreath during the 30th annual event to lay wreaths on more than 253,000 headstones of the US military service members buried at Arlington National Cemetery in Arlington, Virginia. Reuters
A US Army soldier salutes after laying a wreath during the 30th annual event to lay wreaths on more than 253,000 headstones of the US military service members buried at Arlington National Cemetery in

Christmas Day US military battles remembered


Holly Aguirre
  • English
  • Arabic

There are lots of holiday traditions around the globe this time of year. For those serving in the armed forces, however, it can be a day of ultimate sacrifices.

There a few notable military actions that have taken place on Christmas Day throughout history.

The Battle of Trenton inspired this famous painting by Emanuel Leutze of General George Washington crossing the Delaware River. Photo by: US National Archives
The Battle of Trenton inspired this famous painting by Emanuel Leutze of General George Washington crossing the Delaware River. Photo by: US National Archives

Washington crosses the Delaware

President George Washington's famous crossing of the Delaware River occurred on Christmas Day, 1776. After suffering several defeats at the beginning of the American Revolution, Washington's Continental Army had been pushed out of New York and New Jersey and into Pennsylvania.

Mr Washington rallied the troops and set out on a surprise Christmas attack on the Hessians — German troops hired by the British — who were stationed in Trenton, New Jersey.

With a terrible storm brewing, they launched their boats across the icy river on Christmas night, hoping to catch them off guard. Waiting until dawn on December 26, about 2,400 freezing cold Continentals made shore where they would indeed catch their foes in a slumber, surrendering an hour and a half later.

Known as the Battle of Trenton, the Continental Army's spirits were raised and colonists had a renewed faith that they would achieve their independence.

A damaged Confederate gun at Fort Fisher, North Carolina circa 1864, after the first battle there toward the end of the US Civil War. Photo by: Timothy O’Sullivan
A damaged Confederate gun at Fort Fisher, North Carolina circa 1864, after the first battle there toward the end of the US Civil War. Photo by: Timothy O’Sullivan

Battle at Fort Fisher

North Carolina's Fort Fisher saw very little combat during the US Civil War, something that would change on Christmas 1864, after the Union army decided it wanted to capture the last port the Confederates held on the Atlantic Ocean.

It didn’t go well.

Two days prior to Christmas, a Union warship had been packed with explosives in an effort to blow up Fort Fisher’s walls. Before they could be unloaded, they went off on board, not only charring the ship, but also alerting the Confederates of a pending attack.

Trying again on Christmas Eve, the Union attempted to bomb the fort with heavy gunfire, but most shots fell short or just missed the target.

On Christmas morning, Union commanders shelled an area north of Fisher to create a landing spot. Coming ashore, they found that the fort didn’t have a scratch.

In mid-January 1865, Union troops were finally able to capture the fort, effectively cutting the Confederates off from global trade and supplies. The Civil War ended three months later, helping many Christmas wishes come true.

A B-52 Stratofortress bomber takes off from Andersen Air Force Base in Guam in support of Operation Linebacker II in December 1972 during the Vietnam War. Photo: US Air Force
A B-52 Stratofortress bomber takes off from Andersen Air Force Base in Guam in support of Operation Linebacker II in December 1972 during the Vietnam War. Photo: US Air Force

11 Days of Christmas bombings

The biggest bombing mission in military history took place in Vietnam during the Christmas season of 1972. Operation Linebacker II has largely been considered the action that ended US involvement in the Vietnam War.

After North Vietnamese delegates walked out on peace talks, president Richard Nixon ordered the bombings to begin on December 18. Nicknamed the "11 Days of Christmas," the operation consisted of 11 successive days of air raids by B-52 Stratofortress bombers flown in from Andersen Air Force Base in Guam.

After days of relentless shelling, troops were given 36 hours off to celebrate Christmas. It was the only reprieve taken by both sides and Mr Nixon ordered that the North Vietnamese return to the negotiating table, which they refused.

The bombings resumed and not until four days later would the Vietnamese agree to resume peace talks, resulting in the Paris Peace Accords in January 1973. The US would end its involvement in the war soon after, with the last American troops staying on for almost two more Christmases.

In the 11 days, 15,000 tonnes of bombs were dropped via 729 US Air Force sorties involving about 12,000 airmen. Defence Department records show the raids destroyed or damaged 1,600 Vietnamese structures, 500 rail targets, 10 airfields and 80 per cent of North Vietnam's electric-generating capacity.

Fifteen US B-52s were also destroyed, killing 35 US soldiers with 40 others becoming prisoners of war. An estimated 1,600 Vietnamese lost their lives, though some believe that number to be higher.

How these Christmases are remembered depends on which side one sits.

UAE currency: the story behind the money in your pockets

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

The biog

Favourite Emirati dish: Fish machboos

Favourite spice: Cumin

Family: mother, three sisters, three brothers and a two-year-old daughter

Dust and sand storms compared

Sand storm

  • Particle size: Larger, heavier sand grains
  • Visibility: Often dramatic with thick "walls" of sand
  • Duration: Short-lived, typically localised
  • Travel distance: Limited 
  • Source: Open desert areas with strong winds

Dust storm

  • Particle size: Much finer, lightweight particles
  • Visibility: Hazy skies but less intense
  • Duration: Can linger for days
  • Travel distance: Long-range, up to thousands of kilometres
  • Source: Can be carried from distant regions
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

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

Company%20Profile
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The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

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.”

UAE currency: the story behind the money in your pockets
Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Updated: December 25, 2021, 7:11 AM