One year after a violent insurrection shook America to its core, federal authorities have charged more than 700 people in connection to the riot at the Capitol building in Washington.
Prosecutors say the sprawling investigation is now the biggest probe in US history, both in terms of the number of defendants and the sheer quantity of evidence.
FBI Director Christopher Wray told a Senate judiciary committee in March that the Capitol attack amounted to “domestic terrorism".
On January 6, 2021, what started as a rally at the White House to protest Donald Trump's electoral defeat to Joe Biden devolved into a violent assault on the US Capitol and a frantic, last-minute mob attempt to overturn the election results.
At least five people died in the ensuing violence and its aftermath, including a Capitol Police officer, and more than $1.5 million in damage was inflicted on the seat of the US government.
The charges
In the year since, authorities have cast a wide net. Of the at least 725 people arrested, 225 have been charged with assault or resisting arrest.
At least 75 people have been charged with using a “dangerous or deadly weapon” against a police officer, with the Department of Justice reporting that more than 140 officers from the US Capitol Police and Washington Metropolitan Police Department were assaulted.
In addition to those charged with assaulting police officers, 10 people have been charged with assaulting members of the media.
The vast majority of those charged so far face counts of entering a restricted federal building. About 45 people have been charged with destruction of government property.
“The amount of hours used to compile the individual cases must be overwhelming,” said Javed Ali, a former senior intelligence analyst at the FBI and an associate professor of practice at the Gerald R Ford School of Public Policy at the University of Michigan.
“Investigators are having to pour through tons of social media activity, cellphone activity, interviews with either witnesses, or family members, or people around potential defendants or folks who've been charged.”
As the cases wind through the legal system, about 165 plea deals have been struck, with roughly 145 people pleading guilty to misdemeanours and 20 pleading guilty to felonies. Of those 20, six have pleaded guilty to assaulting an officer.
Seventy people have been sentenced for their role in the events at the Capitol so far.
Last month, Robert Palmer, convicted of assaulting police officers during the riot, was sentenced to five years in prison — the harshest penalty to date.
The accused
Charges have been filed against people from almost every state and include business owners, current and former law enforcement officers and military veterans.
Even a former Olympian has been convicted of participating in the event. Five-time medallist Klete Keller pleaded guilty in September to a felony charge for his actions at the Capitol.
While at least four members of the far-right group the Proud Boys have been charged in connection to the events, the vast majority of the accused appear to be people who were swept up in the moment, said Mr Ali.
“This was not what I would call a sophisticated, professional type of terrorism, plotting and planning that I saw in my days in government,” Mr Ali told The National.
For one thing, there was little attempt at subterfuge: many people bragged in tweets or posted live streams of their actions online — something that has made the Justice Department's job much easier.
Some have claimed they were only spurred to march to the Capitol following hearing Mr Trump's rhetoric at the rally, though the former president has denied his actions had any bearing on the riot.
One of the accused, Robert Bauer, came to Washington with his wife to attend Mr Trump's rally. NPR reported that Mr Bauer told the FBI that “people in the crowd were angry about paedophiles, the news cycle and losing their businesses during the lockdown” and headed to the Capitol “because President Trump said to do so".
The investigation continues
Authorities continue to file charges on a near-daily basis. The FBI is actively seeking information on more than 350 people suspected of committing violent acts on Capitol grounds and is calling on the public to identify those involved.
Perhaps no suspect is more wanted than the person who was captured on CCTV apparently placing pipe bombs outside the Democratic and Republican National Committee headquarters the night before the attack.
A year on, that person has not been caught.
Separately, a special commission in Congress is looking at January 6 and what role officials, including Mr Trump, had in the events of the day.
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Full list of Emmy 2020 nominations
LEAD ACTOR IN A COMEDY SERIES
Anthony Anderson, Black-ish
Don Cheadle, Black Monday
Ted Danson, The Good Place
Michael Douglas, The Kominsky Method
Eugene Levy, Schitt’s Creek
Ramy Youssef, Ramy
LEAD ACTRESS IN A COMEDY SERIES
Christina Applegate, Dead to Me
Rachel Brosnahan, The Marvelous Mrs. Maisel
Linda Cardellini, Dead to Me
Catherine O’Hara, Schitt’s Creek
Issa Rae, Insecure
Tracee Ellis Ross, Black-ish
OUTSTANDING VARIETY/TALK SERIES
The Daily Show with Trevor Noah
Full Frontal with Samantha Bee
Jimmy Kimmel Live
Last Week Tonight with John Oliver
The Late Show with Stephen Colbert
LEAD ACTOR IN A DRAMA SERIES
Jason Bateman, Ozark
Sterling K. Brown, This Is Us
Steve Carell, The Morning Show
Brian Cox, Succession
Billy Porter, Pose
Jeremy Strong, Succession
LEAD ACTRESS IN A DRAMA SERIES
Jennifer Aniston, The Morning Show
Olivia Colman, The Crown
Jodie Comer, Killing Eve
Laura Linney, Ozark
Sandra Oh, Killing Eve
Zendaya, Euphoria
OUTSTANDING REALITY/COMPETITION PROGRAM
The Masked Singer
Nailed It!
RuPaul’s Drag Race
Top Chef
The Voice
LEAD ACTOR IN A LIMITED SERIES/TV MOVIE
Jeremy Irons, Watchmen
Hugh Jackman, Bad Education
Paul Mescal, Normal People
Jeremy Pope, Hollywood
Mark Ruffalo, I Know This Much Is True
LEAD ACTRESS IN A LIMITED SERIES/TV MOVIE
Cate Blanchett, Mrs. America
Shira Haas, Unorthodox
Regina King, Watchmen
Octavia Spencer, Self Made
Kerry Washington, Little Fires Everywhere
OUTSTANDING LIMITED SERIES
Little Fires Everywhere
Mrs. America
Unbelievable
Unorthodox
Watchmen
OUTSTANDING COMEDY SERIES
Curb Your Enthusiasm
Dead to Me
The Good Place
Insecure
The Kominsky Method
The Marvelous Mrs. Maisel
Schitt’s Creek
What We Do In The Shadows
OUTSTANDING DRAMA SERIES
Better Call Saul
The Crown
The Handmaid’s Tale
Killing Eve
The Mandalorian
Ozark
Stranger Things
Succession
The%20Caine%20Mutiny%20Court-Martial%20
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EWilliam%20Friedkin%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EKiefer%20Sutherland%2C%20Jason%20Clarke%2C%20Jake%20Lacy%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E3%2F5%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.”
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
T20 WORLD CUP QUALIFIERS
Qualifier A, Muscat
(All matches to be streamed live on icc.tv)
Fixtures
Friday, February 18: 10am Oman v Nepal, Canada v Philippines; 2pm Ireland v UAE, Germany v Bahrain
Saturday, February 19: 10am Oman v Canada, Nepal v Philippines; 2pm UAE v Germany, Ireland v Bahrain
Monday, February 21: 10am Ireland v Germany, UAE v Bahrain; 2pm Nepal v Canada, Oman v Philippines
Tuesday, February 22: 2pm Semi-finals
Thursday, February 24: 2pm Final
UAE squad:Ahmed Raza(captain), Muhammad Waseem, Chirag Suri, Vriitya Aravind, Rohan Mustafa, Kashif Daud, Zahoor Khan, Alishan Sharafu, Raja Akifullah, Karthik Meiyappan, Junaid Siddique, Basil Hameed, Zafar Farid, Mohammed Boota, Mohammed Usman, Rahul Bhatia
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 Programme
Saturday, October 26: ‘The Time That Remains’ (2009) by Elia Suleiman
Saturday, November 2: ‘Beginners’ (2010) by Mike Mills
Saturday, November 16: ‘Finding Vivian Maier’ (2013) by John Maloof and Charlie Siskel
Tuesday, November 26: ‘All the President’s Men’ (1976) by Alan J Pakula
Saturday, December 7: ‘Timbuktu’ (2014) by Abderrahmane Sissako
Saturday, December 21: ‘Rams’ (2015) by Grimur Hakonarson