People walk past burnt cars on Monday after the shelling of a residential area in Kiev, Ukraine. EPA
People walk past burnt cars on Monday after the shelling of a residential area in Kiev, Ukraine. EPA
People walk past burnt cars on Monday after the shelling of a residential area in Kiev, Ukraine. EPA
People walk past burnt cars on Monday after the shelling of a residential area in Kiev, Ukraine. EPA

Russia seeking to encircle Ukraine’s capital in ‘coming days’: Pentagon


Joyce Karam
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Live updates: follow the latest news on Russia-Ukraine

The US Defence Department determined on Monday that Russia’s military in Ukraine plans to encircle Kiev in the “coming days” as well as seize control of two major cities in the east of the country.

A senior US defence official briefing reporters said Russia’s encirclement of the Ukrainian capital is a key objective for Moscow.

“Their advance on Kiev still appears to be their main line of effort, and we expect that they’re going to want to continue to move forward and try to encircle the city in coming days,” the official said.

US officials estimate that Russian forces are encamped 25 kilometres from Kiev as the invasion enters its fifth day.

Another Russian objective is seizing Ukraine’s second-largest city, Kharkiv, and the city of Mariupol in the east.

The shelling of Kharkiv intensified in the past 24 hours and Human Rights Watch told The Washington Post that Russian forces had “used Smerch cluster munition rockets, which disperse submunitions, or bomblets, in the attack”.

Amnesty International claimed that cluster munitions had also been used in the Ukrainian town of Okhtyrka on Friday.

But the US official saw signs of frustration and lack of preparedness on the Russian military side.

“Fuel and sustainment are unique challenges to [Russian troops] right now,” he said and added that Moscow did not plan for these logistical challenges.

Several videos shared online in the past 72 hours showed Russian tanks and armoured vehicles stranded on roads in Ukraine after they ran out of fuel.

Asked if the Russian mercenary group Wagner is involved in the fighting, the US official said there were “some indications” of its presence in Ukraine.

“It’s not exactly clear where or how much, but we’ve seen some indications that they’re being employed.”

The US official said Ukrainian resistance remains effective and their forces are “still putting up stiff and determined resistance … their air and missile defence capabilities are viable and effective and engaged”.

  • A monitor displays a projectile striking the regional state administration building in Kharkiv, as the Russian invasion continues. Reuters
    A monitor displays a projectile striking the regional state administration building in Kharkiv, as the Russian invasion continues. Reuters
  • People help a wounded woman in the aftermath of Russian shelling in Kharkiv. EPA
    People help a wounded woman in the aftermath of Russian shelling in Kharkiv. EPA
  • Ukrainian emergency service personnel carry the body of a victim following shelling in Kharkiv. AP
    Ukrainian emergency service personnel carry the body of a victim following shelling in Kharkiv. AP
  • Students who fled the conflict rest in a refugee camp in Voluntari, Romania. AP
    Students who fled the conflict rest in a refugee camp in Voluntari, Romania. AP
  • Members of an Ukrainian civil defence unit pass new assault rifles to the opposite side of a blown-up bridge on Kiev’s northern front. AFP
    Members of an Ukrainian civil defence unit pass new assault rifles to the opposite side of a blown-up bridge on Kiev’s northern front. AFP
  • Civilians cross a river on Kiev's northern front. AFP
    Civilians cross a river on Kiev's northern front. AFP
  • A woman takes photos of a destroyed accommodation building near a checkpoint in Brovary, outside Kiev. AP
    A woman takes photos of a destroyed accommodation building near a checkpoint in Brovary, outside Kiev. AP
  • The city hall of Kharkiv, damaged by Russian shelling. AFP
    The city hall of Kharkiv, damaged by Russian shelling. AFP
  • Debris litters the square outside the damaged Kharkiv city hall. AFP
    Debris litters the square outside the damaged Kharkiv city hall. AFP
  • A Ukrainian woman sleeps on the floor of the railway station in Zahonyi close to the Hungary/Ukraine border. AFP
    A Ukrainian woman sleeps on the floor of the railway station in Zahonyi close to the Hungary/Ukraine border. AFP
  • A medical worker attends to wounded man at a hospital in Brovary, outside Kiev. AP
    A medical worker attends to wounded man at a hospital in Brovary, outside Kiev. AP
  • Refugees from Ukraine in a tent at the Medyka border crossing, Poland. AP
    Refugees from Ukraine in a tent at the Medyka border crossing, Poland. AP
  • Debris outside the regional administration building, which city officials said was hit by a missile, in Kharkiv. Reuters
    Debris outside the regional administration building, which city officials said was hit by a missile, in Kharkiv. Reuters
  • A student evacuated from Ukraine is embraced by her family after arriving at Tunis-Carthage International Airport in Tunisia. AFP
    A student evacuated from Ukraine is embraced by her family after arriving at Tunis-Carthage International Airport in Tunisia. AFP
  • Rescuers in a building damaged by a missile in central Kharkiv. Reuters
    Rescuers in a building damaged by a missile in central Kharkiv. Reuters
  • An ambulance is visible through the damaged window of a vehicle hit by bullets in Kiev, Ukraine. Reuters
    An ambulance is visible through the damaged window of a vehicle hit by bullets in Kiev, Ukraine. Reuters
  • Territorial defence members prepare to head out on patrol in Kiev. EPA
    Territorial defence members prepare to head out on patrol in Kiev. EPA
  • UN Secretary General Antonio Guterres delivers a speech on screen during the opening of the 49th session of the UN Human Rights Council in Geneva, Switzerland. AP
    UN Secretary General Antonio Guterres delivers a speech on screen during the opening of the 49th session of the UN Human Rights Council in Geneva, Switzerland. AP
  • A policeman detains a young demonstrator during a protest against Russia's attack on Ukraine in St Petersburg, Russia. AP
    A policeman detains a young demonstrator during a protest against Russia's attack on Ukraine in St Petersburg, Russia. AP
  • Local residents in Zhytomyr, Ukraine, prepare Molotov cocktails. Reuters
    Local residents in Zhytomyr, Ukraine, prepare Molotov cocktails. Reuters
  • Residents clean a bomb shelter under an out-of-service cinema in central Zhytomyr. Reuters
    Residents clean a bomb shelter under an out-of-service cinema in central Zhytomyr. Reuters
  • Ukrainian volunteers tear cloth into strips to make camouflage nets in Lviv, western Ukraine. AP
    Ukrainian volunteers tear cloth into strips to make camouflage nets in Lviv, western Ukraine. AP
  • Part of the military convoy north-west of Invankiv, Ukraine. AP
    Part of the military convoy north-west of Invankiv, Ukraine. AP
  • Mark Goncharuk, a young boy from Kiev, leaves his father behind as he travels with the rest of his family towards the border. Reuters
    Mark Goncharuk, a young boy from Kiev, leaves his father behind as he travels with the rest of his family towards the border. Reuters
  • People hold an anti-war protest outside the Russian Embassy in Mexico City, Mexico. Reuters
    People hold an anti-war protest outside the Russian Embassy in Mexico City, Mexico. Reuters
  • A crater caused by shelling on the outskirts of Kiev. AFP
    A crater caused by shelling on the outskirts of Kiev. AFP
  • People queue outside a grocery store in the Ukrainian capital. EPA
    People queue outside a grocery store in the Ukrainian capital. EPA
  • Ukrainian soldiers stand at Maidan Nezalezhnosti, or Independence Square, in Kiev. EPA
    Ukrainian soldiers stand at Maidan Nezalezhnosti, or Independence Square, in Kiev. EPA
  • Vladimir Medinsky, the head of the Russian delegation, second left, and Davyd Arakhamia, faction leader of the Servant of the People party in the Ukrainian Parliament, third right, attend the peace talks in the Gomel region of Belarus. AP
    Vladimir Medinsky, the head of the Russian delegation, second left, and Davyd Arakhamia, faction leader of the Servant of the People party in the Ukrainian Parliament, third right, attend the peace talks in the Gomel region of Belarus. AP
  • People who have fled the Russian invasion in Ukraine, clamour to board a bus bound for a refugee centre established in Przemysl, Poland. Reuters
    People who have fled the Russian invasion in Ukraine, clamour to board a bus bound for a refugee centre established in Przemysl, Poland. Reuters
  • Hanna Pavlovna Lukasz, from Mirhord, Ukraine, said her sons, aged 12 and 8, and her 66-year-old mother had been waiting on the Ukrainian side of the border crossing with Medyka, Poland, for four days. AP
    Hanna Pavlovna Lukasz, from Mirhord, Ukraine, said her sons, aged 12 and 8, and her 66-year-old mother had been waiting on the Ukrainian side of the border crossing with Medyka, Poland, for four days. AP
  • A volunteer from Kiev prepares a rear post with trenches in the city. AFP
    A volunteer from Kiev prepares a rear post with trenches in the city. AFP
  • A child being treated for cancer rests in the bomb shelter of the oncology ward at a hospital in Kiev. Getty
    A child being treated for cancer rests in the bomb shelter of the oncology ward at a hospital in Kiev. Getty
  • Police officers check occupants of a suspicious car in Kiev, as Russia's invasion of Ukraine continues. Reuters
    Police officers check occupants of a suspicious car in Kiev, as Russia's invasion of Ukraine continues. Reuters
  • A woman from Ukraine uses a phone to listen to a speech by President Volodymyr Zelenskyy at a refugee shelter in Beregsurany, Hungary. Reuters
    A woman from Ukraine uses a phone to listen to a speech by President Volodymyr Zelenskyy at a refugee shelter in Beregsurany, Hungary. Reuters
  • Shelves empty of bread after a curfew was lifted as Russia's invasion of Ukraine continues, in Kiev. Reuters
    Shelves empty of bread after a curfew was lifted as Russia's invasion of Ukraine continues, in Kiev. Reuters
  • Ukrainian Defence Minister Oleksii Reznikov, left, and President Zelenskyy. AFP
    Ukrainian Defence Minister Oleksii Reznikov, left, and President Zelenskyy. AFP
  • Snow-covered shoes donated for those fleeing the Russian invasion of Ukraine at the border crossing in Medyka, Poland. Reuters
    Snow-covered shoes donated for those fleeing the Russian invasion of Ukraine at the border crossing in Medyka, Poland. Reuters
  • People who have fled Ukraine wait for a bus to transport them away from the border crossing in Medyka. Reuters
    People who have fled Ukraine wait for a bus to transport them away from the border crossing in Medyka. Reuters
  • Norwegian soldiers of the Nato-enhanced forward presence battalion pose at a military plane as they arrive at an airport in Kaunas, Lithuania. AP
    Norwegian soldiers of the Nato-enhanced forward presence battalion pose at a military plane as they arrive at an airport in Kaunas, Lithuania. AP
  • A person fleeing Ukraine sits during snowfall at a temporary camp in Przemysl, Poland. Reuters
    A person fleeing Ukraine sits during snowfall at a temporary camp in Przemysl, Poland. Reuters
  • Footage reportedly of Russian Buk missile system vehicles on a road before a drone strike near Malyn, Ukraine. Reuters
    Footage reportedly of Russian Buk missile system vehicles on a road before a drone strike near Malyn, Ukraine. Reuters
  • An explosion after what are said to be Russian Buk missile system vehicles on a road are struck by a drone. Reuters
    An explosion after what are said to be Russian Buk missile system vehicles on a road are struck by a drone. Reuters
  • The monument to Russian troops from the Second World War, after the figures’ hands were painted red, at the Red Army memorial in Sofia, Bulgaria. EPA
    The monument to Russian troops from the Second World War, after the figures’ hands were painted red, at the Red Army memorial in Sofia, Bulgaria. EPA
  • The Peace Tower on Parliament Hill in Ottawa, Canada, is lit up with the colours of Ukraine’s national flag in a show of support. AP
    The Peace Tower on Parliament Hill in Ottawa, Canada, is lit up with the colours of Ukraine’s national flag in a show of support. AP
  • Russian President Vladimir Putin visits the construction site of the National Space Agency on the premises of the Khrunichev State Research and Production Space Centre, in Moscow. EPA
    Russian President Vladimir Putin visits the construction site of the National Space Agency on the premises of the Khrunichev State Research and Production Space Centre, in Moscow. EPA
  • A man looks out from a train, at the railway station in Lviv, Ukraine. The UN has estimated the conflict could produce as many as four million refugees. AP
    A man looks out from a train, at the railway station in Lviv, Ukraine. The UN has estimated the conflict could produce as many as four million refugees. AP
  • A Ukrainian boy waits for his mother after passing the border crossing point in Siret, northern Romania. EPA
    A Ukrainian boy waits for his mother after passing the border crossing point in Siret, northern Romania. EPA
  • Russian policemen detain a demonstrator in St Petersburg, during a protest against the country's military actions in Ukraine. EPA
    Russian policemen detain a demonstrator in St Petersburg, during a protest against the country's military actions in Ukraine. EPA
  • Ukrainian soldiers at a check point in the city of Zhytomyr. Reuters
    Ukrainian soldiers at a check point in the city of Zhytomyr. Reuters
  • Residents prepare petrol bombs to defend the city, in Uzhhorod, Ukraine. Reuters
    Residents prepare petrol bombs to defend the city, in Uzhhorod, Ukraine. Reuters
  • A pro-Russian fighter sits inside a tank in the separatist self-proclaimed Luhansk People's Republic, in the Luhansk region, Ukraine. Reuters
    A pro-Russian fighter sits inside a tank in the separatist self-proclaimed Luhansk People's Republic, in the Luhansk region, Ukraine. Reuters
  • Russian President Vladimir Putin, right, speaks to Defence Minister Sergei Shoigu, second left, and Head of the General Staff of the Armed Forces and First Deputy Defence Minister Valery Gerasimov, left, during their meeting in Moscow. AP
    Russian President Vladimir Putin, right, speaks to Defence Minister Sergei Shoigu, second left, and Head of the General Staff of the Armed Forces and First Deputy Defence Minister Valery Gerasimov, left, during their meeting in Moscow. AP
  • Ukrainians and supporters gather during a demonstration in front of the Greek Parliament in Athens against the Russian military's operation in Ukraine. AFP
    Ukrainians and supporters gather during a demonstration in front of the Greek Parliament in Athens against the Russian military's operation in Ukraine. AFP
  • Ukrainian Territorial Defence fighters test an automatic grenade launcher taken from a destroyed Russian infantry mobility vehicla after a battle in Kharkiv. AFP
    Ukrainian Territorial Defence fighters test an automatic grenade launcher taken from a destroyed Russian infantry mobility vehicla after a battle in Kharkiv. AFP
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

 

What are the main cyber security threats?

Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

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.”

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A
The specs: Volvo XC40

Price: base / as tested: Dh185,000

Engine: 2.0-litre, turbocharged in-line four-cylinder

Gearbox: Eight-speed automatic

Power: 250hp @ 5,500rpm

Torque: 350Nm @ 1,500rpm

Fuel economy, combined: 10.4L / 100km

How%20champions%20are%20made
%3Cp%3E%0D%3Cstrong%3EDiet%3C%2Fstrong%3E%20%0D%3Cbr%3E7am%20-%20Protein%20shake%20with%20oats%20and%20fruits%0D%3Cbr%3E10am%20-%205-6%20egg%20whites%0D%3Cbr%3E1pm%20-%20White%20rice%20or%20chapati%20(Indian%20bread)%20with%20chicken%0D%3Cbr%3E4pm%20-%20Dry%20fruits%20%0D%3Cbr%3E7.30pm%20-%20Pre%20workout%20meal%20%E2%80%93%20grilled%20fish%20or%20chicken%20with%20veggies%20and%20fruits%0D%3Cbr%3E8.30pm%20to%20midnight%20workout%0D%3Cbr%3E12.30am%20%E2%80%93%20Protein%20shake%20%0D%3Cbr%3E%3Cstrong%3ETotal%20intake%3A%3C%2Fstrong%3E%204000-4500%20calories%20%0D%3Cbr%3E%3Cstrong%3ESaidu%E2%80%99s%20weight%3A%3C%2Fstrong%3E%20110%20kg%0D%3Cbr%3E%3Cstrong%3EStats%3A%3C%2Fstrong%3E%20Biceps%2019%20inches.%20Forearms%2018%20inches%3C%2Fp%3E%0A
Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

SUCCESSION%20SEASON%204%20EPISODE%201
%3Cp%3E%3Cstrong%3ECreated%20by%3A%20%3C%2Fstrong%3EJesse%20Armstrong%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Brian%20Cox%2C%20Jeremy%20Strong%2C%20Kieran%20Culkin%2C%20Sarah%20Snook%2C%20Nicholas%20Braun%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
Building boom turning to bust as Turkey's economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.

Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.

The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.

After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.

The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.

The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.

But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.

It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.

The specs

Engine: 5.0-litre supercharged V8

Transmission: Eight-speed auto

Power: 575bhp

Torque: 700Nm

Price: Dh554,000

On sale: now

Need to know

When: October 17 until November 10

Cost: Entry is free but some events require prior registration

Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center

What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.

For more information: www.koreafestivaluae.com

Yahya Al Ghassani's bio

Date of birth: April 18, 1998

Playing position: Winger

Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda

RIVER%20SPIRIT
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3ELeila%20Aboulela%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Saqi%20Books%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPages%3A%3C%2Fstrong%3E%20320%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAvailable%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
Updated: February 28, 2022, 5:33 PM