Biden shows quick support for Iran protesters following Mahsa Amini's death


Joyce Karam
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US President Joe Biden on Wednesday declared support for a growing protest movement that has erupted across Iran in a move that experts noted marked a shift from then-president Barack Obama's response during demonstrations in 2009.

His comments came as violent rallies stretched into a fifth day in cities across Iran, reportedly resulting in the deaths of at least eight protesters, as anger over the death of a woman in morality police custody escalates.

“Today we stand with the brave citizens and women in Iran who right now are demonstrating to secure their basic rights,” Mr Biden said in his address to the UN General Assembly.

The protests began after the death on Friday of Mahsa Amini, 22, whom Iran's morality police had arrested three days earlier for allegedly breaking the country's strict hijab law. Amini, who was from Iran's Kurdistan province, fell into a coma after her arrest.

Protesting women have publicly burnt their hijabs and cut their hair in front of cheering crowds. Some have even chanted “death to the dictator”.

Mr Biden's words of support mark a shift in tactics from when he was Mr Obama's vice president. At that time, and in response to Green Movement popular protests, Mr Biden and his boss kept quiet for more than a week when it came to supporting the demonstrators.

The Obama administration was heavily criticised for the delay in responding to the protests, which came as Washington pursued a fresh start with the Iranian regime and later focused on nuclear talks that culminated in the 2015 Joint Comprehensive Plan of Action (JCPOA).

This time, Mr Biden's administration is being more vocal, even at a critically delicate moment in negotiations with Iran to resume the JCPOA.

On Monday, for instance, Secretary of State Antony Blinken said Amini “should be alive today”.

Ali Vaez, the director of the Iran Project at the International Crisis Group, saw support for protesters as an indication of a two-pronged approach by the administration.

“The US is clearly demonstrating that it can walk and chew gum at the same time: negotiate to curb Iran’s nuclear programme while protesting Iran’s efforts to curb its women’s rights,” Mr Vaez told The National.

Other senior administration officials, including National Security Adviser Jake Sullivan and US Special Envoy for Iran Robert Malley, also condemned Iran over Amini’s death and spoke in support of women demanding their rights.

Mr Vaez expected the administration to follow its pledges of support with penalties directed at Iran if it unleashes a bloody crackdown against protesters similar to what happened in 2009.

“More sanctions against human rights violators and more sanctions relief aimed at ensuring the Iranian people’s access to the free flow of information [will follow],” the expert said.

People walk past photos showing the victims of the 1988 massacre of Iranian political prisoners outside of UN headquarters in New York. Getty Images / AFP
People walk past photos showing the victims of the 1988 massacre of Iranian political prisoners outside of UN headquarters in New York. Getty Images / AFP

Authorities in Tehran have blocked access to social media platforms such as Twitter and Instagram, digital monitor NetBlocks reported.

Holly Dagres, a senior fellow at the Atlantic Council, said more is needed from the Biden team in showing support for the protesters.

“Condemnation from the US president on the international stage is important, but actions speak louder than words,” Ms Dagres told The National.

“How will the international community, particularly the West, hold Iran accountable for the rise in repression in the country?

“From what we've already seen for the past four decades, there are no red lines for the Islamic Republic.”

Still, she saw Mr Biden’s support as both “significant and surprising”, noting that when protests broke out in Iran in May, “it took the State Department over a week to react, all while [the State Department's] Persian-language Instagram account decided to highlight popular fitness franchises like Soul Cycle”.

In Washington, support for the current protests is bipartisan.

The chairmen and ranking members of the Senate Foreign Relations Committee, Democrat Bob Menendez and Republican Jim Risch, both spoke out on Twitter about the protests. Mr Risch called Amini's death a “murder”, while also criticising the Biden administration for continuing to try to negotiate a new nuclear deal with Iran.

Former US ambassador to UN Nikki Haley called the protests on Wednesday “heroic”.

“We have an obligation to tell the Iranian people’s stories,” Ms Haley said at an event at the United Against Nuclear Iran organisation, while urging the Biden administration to sanction human rights abusers in Iran.

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%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
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Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

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Name: Yousef Al Bahar

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Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

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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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What is a robo-adviser?

Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.

These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.

Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.

Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.

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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Director:Matt Reeves

Rating: 5/5

The specs

Engine: 3.5-litre V6

Power: 272hp at 6,400rpm

Torque: 331Nm from 5,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.7L/100km

On sale: now

Price: Dh149,000

 

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For first two Test in India Joe Root (captain), Jofra Archer, Moeen Ali, James Anderson , Dom Bess, Stuart Broad , Rory Burns, Jos Buttler, Zak Crawley, Ben Foakes, Dan Lawrence, Jack Leach, Dom Sibley, Ben Stokes, Olly Stone, Chris Woakes. Reserves James Bracey, Mason Crane, Saqib Mahmood, Matthew Parkinson, Ollie Robinson, Amar Virdi.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

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Zidane's managerial achievements

La Liga: 2016/17
Spanish Super Cup: 2017
Uefa Champions League: 2015/16, 2016/17, 2017/18
Uefa Super Cup: 2016, 2017
Fifa Club World Cup: 2016, 2017

Mia Man’s tips for fermentation

- Start with a simple recipe such as yogurt or sauerkraut

- Keep your hands and kitchen tools clean. Sanitize knives, cutting boards, tongs and storage jars with boiling water before you start.

- Mold is bad: the colour pink is a sign of mold. If yogurt turns pink as it ferments, you need to discard it and start again. For kraut, if you remove the top leaves and see any sign of mold, you should discard the batch.

- Always use clean, closed, airtight lids and containers such as mason jars when fermenting yogurt and kraut. Keep the lid closed to prevent insects and contaminants from getting in.

 

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Price, base / as tested: Dh186,480 / Dh252,735

Engine: 2.0-litre four-cylinder

Power: 246hp @ 5,500rpm

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How to wear a kandura

Dos

  • Wear the right fabric for the right season and occasion 
  • Always ask for the dress code if you don’t know
  • Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work 
  • Wear 100 per cent cotton under the kandura as most fabrics are polyester

Don’ts 

  • Wear hamdania for work, always wear a ghutra and agal 
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Updated: September 21, 2022, 7:10 PM