Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters, centre, follows election results with supporters. AFP
Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters, centre, follows election results with supporters. AFP
Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters, centre, follows election results with supporters. AFP
Mesa County Clerk and Colorado Republican candidate for secretary of state Tina Peters, centre, follows election results with supporters. AFP

Tina Peters: 2020 US election denier loses Republican primary then denies she lost


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A prominent denier of Joe Biden's victory over Donald Trump in 2020 was defeated in a Republican primary race in Colorado, only to deny that she had lost and claim she was the victim of fraud.

Mesa County Clerk Tina Peters was vying to become Colorado's next secretary of state, whose duties include overseeing elections.

She garnered 28.8 per cent of the vote, losing out to Pam Anderson, who received 43.1 per cent. Ms Anderson has rejected Mr Trump’s claims electoral fraud.

“We didn't lose, we just found out more fraud,” Ms Peters said after Tuesday's election.

“All I can say is, I’m going to keep fighting for you guys. We’re going to do this. They’re cheating. And we’re going to prove it once again, like we already have.”

Ms Peters has been indicted on criminal charges for reportedly tampering with election equipment after an apparent effort to prove conspiracy theories about voter fraud.

She did not immediately respond to a request for comment from The National.

Ms Anderson is now positioned to challenge Democratic Secretary of State Jena Griswold in November.

Mr Trump has pushed baseless claims of widespread voter fraud since losing to Mr Biden by seven million votes in November 2020.

A special congressional panel investigation into the January 6, 2021, insurrection has heard detailed accounts of how Mr Trump's advisers told him that he had lost, but that he chose to push his false narrative anyway.

The former president's refusal to concede directly led to the attack on the US Capitol, the panel said.

Several other election-denying Republican candidates have lost in primary races this year, but Trump-backed candidates have had some successes.

Candidates who deny the results of the 2020 election have won Republican primaries for major elections in Alabama, Indiana, Nevada and New Mexico.

In Pennsylvania, Doug Mastriano, who was at the US Capitol during the insurrection, won the Republican nomination for governor.

If elected in November, he would be able to nominate the secretary of state.

January 6 hearing — in pictures

  • A noose and makeshift gallows was erected on the National Mall near the US Capitol on January 6, 2021, as rioters chanted, 'Hang Mike Pence'. Bloomberg
    A noose and makeshift gallows was erected on the National Mall near the US Capitol on January 6, 2021, as rioters chanted, 'Hang Mike Pence'. Bloomberg
  • The rioters yelled 'hang Mike Pence' during the attack. AFP
    The rioters yelled 'hang Mike Pence' during the attack. AFP
  • Chairman Bennie Thompson swears in J Michael Luttig, former US federal judge and adviser to former vice president Mike Pence, and Greg Jacob, former counsel to Mr Pence, during the third public hearing of the US House committee on January 6. Reuters
    Chairman Bennie Thompson swears in J Michael Luttig, former US federal judge and adviser to former vice president Mike Pence, and Greg Jacob, former counsel to Mr Pence, during the third public hearing of the US House committee on January 6. Reuters
  • Mr Luttig is sworn in before giving evidence during the third hearing. AFP
    Mr Luttig is sworn in before giving evidence during the third hearing. AFP
  • Mr Jacob and Mr Luttig focused their evidence on former president Donald Trump's efforts to pressure Mr Pence into using his role to block congressional certification of Joe Biden's electoral victory. Bloomberg
    Mr Jacob and Mr Luttig focused their evidence on former president Donald Trump's efforts to pressure Mr Pence into using his role to block congressional certification of Joe Biden's electoral victory. Bloomberg
  • Mr Luttig gives evidence during the hearing. AFP
    Mr Luttig gives evidence during the hearing. AFP
  • Mr Luttig and Mr Jacob said that Mr Pence knew that he did not have the authority to re-elect Mr Trump. Reuters
    Mr Luttig and Mr Jacob said that Mr Pence knew that he did not have the authority to re-elect Mr Trump. Reuters
  • Mr Jacob said that the framers of the US Constitution made sure that no one person could choose the American president. Reuters
    Mr Jacob said that the framers of the US Constitution made sure that no one person could choose the American president. Reuters
  • Committee Vice Chairwoman Liz Cheney questions the witnesses. Reuters
    Committee Vice Chairwoman Liz Cheney questions the witnesses. Reuters
  • Images of the attack on the US Capitol were projected as the committee began its third day of hearings. AFP
    Images of the attack on the US Capitol were projected as the committee began its third day of hearings. AFP
  • Many of those arrested for their participation in the attack on the Capitol said in court that they were there at the behest of Mr Trump. AFP
    Many of those arrested for their participation in the attack on the Capitol said in court that they were there at the behest of Mr Trump. AFP
  • Mr Thompson and Ms Cheney lead the hearing. Reuters
    Mr Thompson and Ms Cheney lead the hearing. Reuters
  • Mr Trump told his supporters on January 6 that they needed to send a message to Mr Pence. AFP
    Mr Trump told his supporters on January 6 that they needed to send a message to Mr Pence. AFP
  • Former US president Donald Trump made round-the-clock from the White House 'looking for votes' and trying to convince his vice president to not confirm Joe Biden as winner of the 2020 election. AFP
    Former US president Donald Trump made round-the-clock from the White House 'looking for votes' and trying to convince his vice president to not confirm Joe Biden as winner of the 2020 election. AFP
  • US Representative Pete Aguilar delivers remarks. Getty Images / AFP
    US Representative Pete Aguilar delivers remarks. Getty Images / AFP
  • US Representative Adam Kinzinger listens during the third hearing. Getty Images / AFP
    US Representative Adam Kinzinger listens during the third hearing. Getty Images / AFP
  • US Representative Adam Schiff (D-CA) listens during the third hearing. Getty Images / AFP
    US Representative Adam Schiff (D-CA) listens during the third hearing. Getty Images / AFP
  • The committee heard that former US vice president Mike Pence that rioters were dangerously close on January 6. EPA
    The committee heard that former US vice president Mike Pence that rioters were dangerously close on January 6. EPA
  • A monitor shows video footage of the January 6 attack on the US Capitol, during Thursday's public hearing. EPA
    A monitor shows video footage of the January 6 attack on the US Capitol, during Thursday's public hearing. EPA
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%20Dual%20electric%20motors%20with%20102kW%20battery%20pack%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E570hp%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20890Nm%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERange%3A%3C%2Fstrong%3E%20Up%20to%20428km%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh1%2C700%2C000%3C%2Fp%3E%0A
Virtual banks explained

What is a virtual bank?

The Hong Kong Monetary Authority defines it as a bank that delivers services through the internet or other electronic channels instead of physical branches. That means not only facilitating payments but accepting deposits and making loans, just like traditional ones. Other terms used interchangeably include digital or digital-only banks or neobanks. By contrast, so-called digital wallets or e-wallets such as Apple Pay, PayPal or Google Pay usually serve as intermediaries between a consumer’s traditional account or credit card and a merchant, usually via a smartphone or computer.

What’s the draw in Asia?

Hundreds of millions of people under-served by traditional institutions, for one thing. In China, India and elsewhere, digital wallets such as Alipay, WeChat Pay and Paytm have already become ubiquitous, offering millions of people an easy way to store and spend their money via mobile phone. Indonesia, Vietnam and the Philippines are also among the world’s biggest under-banked countries; together they have almost half a billion people.

Is Hong Kong short of banks?

No, but the city is among the most cash-reliant major economies, leaving room for newcomers to disrupt the entrenched industry. Ant Financial, an Alibaba Group Holding affiliate that runs Alipay and MYBank, and Tencent Holdings, the company behind WeBank and WeChat Pay, are among the owners of the eight ventures licensed to create virtual banks in Hong Kong, with operations expected to start as early as the end of the year. 

Calls

Directed by: Fede Alvarez

Starring: Pedro Pascal, Karen Gillian, Aaron Taylor-Johnson

4/5

The%20Woman%20King%20
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Gina%20Prince-Bythewood%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Viola%20Davis%2C%20Thuso%20Mbedu%2C%20Sheila%20Atim%2C%20Lashana%20Lynch%2C%20John%20Boyega%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A

Name: Brendalle Belaza

From: Crossing Rubber, Philippines

Arrived in the UAE: 2007

Favourite place in Abu Dhabi: NYUAD campus

Favourite photography style: Street photography

Favourite book: Harry Potter

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

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
SPECS
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%202-litre%204-cylinder%20turbo%20and%203.6-litre%20V6%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20automatic%0D%3Cbr%3E%3Cstrong%3EPower%3A%3C%2Fstrong%3E%20235hp%20and%20310hp%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E258Nm%20and%20271Nm%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh185%2C100%0D%3Cbr%3E%3C%2Fp%3E%0A

 

 

Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
Infiniti QX80 specs

Engine: twin-turbocharged 3.5-liter V6

Power: 450hp

Torque: 700Nm

Price: From Dh450,000, Autograph model from Dh510,000

Available: Now

Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

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.”

US Industrial Market figures, Q1 2017

Vacancy Rate 5.4%

Markets With Positive Absorption 85.7 per cent

New Supply 55 million sq ft

New Supply to Inventory 0.4 per cent

Under Construction 198.2 million sq ft

(Source: Colliers)

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

Read part one: how cars came to the UAE

Updated: July 01, 2022, 5:14 AM