A combative President Joe Biden sought to undermine Republican detractors and reassure America about the direction the US is headed as it tackles a bewildering array of challenges that are perceived very differently across the polarised country.
During a fiery State of the Union address late on Tuesday, Mr Biden waded deep into domestic issues and sparred with jeering Republicans who heckled him during remarks that often sounded like a campaign speech.
"The story of America is a story of progress and resilience," he said in the 80-minute speech, telling the nation that America has recovered quickly from the Covid-19 pandemic and emerged more robust than before.
"We are the only country that has emerged from every crisis stronger than when we entered it. That is what we are doing again."
The Democratic president took repeated swipes at Republicans, pointing to the January 6, 2021 mob attack by supporters of Donald Trump as posing an existential threat to America.
"Two years ago, our democracy faced its greatest threat since the Civil War. Today, though bruised, our democracy remains unbowed and unbroken," Mr Biden said.
Although he has yet to officially announce a re-election bid, Mr Biden has hinted that he intends to do so and has started the year with a sharper tone against Republicans at campaign-style events.
Washington pundits said the speech served as a preview of sorts for Mr Biden's expected run, even though most Democrats do not want him to, according to recent polls.
He appeared to relish moments of drama with Republican detractors, some of whom could be heard shouting"liar" as he attacked the conservative party on key issues including health care and pension entitlements.
His address to Congress, a Constitutionally mandated update to legislators, comes at an odd time in the American political landscape.
Fear of a recession abounds but job openings are at historic highs. Inflation is still a worry, but price increases have started to cool down. Global challenges including the war in Ukraine are many, while America remains prosperous yet heavily indebted.
Outlining a "blue collar blueprint to rebuild America", Mr Biden said workers should be given greater opportunities to unionise and said Congress should pass a minimum tax on billionaires.
"Reward work, not just wealth," Mr Biden said. "No billionaire should pay a lower tax rate than a school teacher or a firefighter."
The speech focused on domestic issues, including calling for police reform and a ban on assault weapons, but he mentioned China as a primary competitor and warned Beijing following the shoot down of a suspected spy balloon.
"Make no mistake: as we made clear last week, if China’s threatens our sovereignty, we will act to protect our country. And we did," he said.
He also attacked Russian President Vladimir Putin for his "brutal war" against Ukraine.
"A murderous assault, evoking images of the death and destruction Europe suffered in World War II," he said.
"Putin’s invasion has been a test for the ages. A test for America. .... We united Nato and built a global coalition. We stood against Putin’s aggression."
The Republicans, whose rebuttal was delivered by Arkansas Governor Sarah Huckabee Sanders, sought to paint an unabashedly grim picture of the US, attacking Mr Biden for his age and on several issues including immigration.
“In the radical left’s America, Washington taxes you and lights your hard-earned money on fire, but you get crushed with high gas prices, empty grocery shelves, and our children are taught to hate one another on account of their race, but not to love one another or our great country,” said a downbeat-sounding Ms Sanders, 40.
She also condemned the Democrats for being "woke" and fuelling America's culture wars that have pitted people against one another on a range of issues including whether the country's racist past should be taught in schools and whether women should have access to abortion.
"The Biden administration seems more interested in woke fantasies than the hard reality Americans face every day," Ms Sanders said.
Oil and gas
Mr Biden drew scornful laughter from Republicans when he told Congress the US would need oil “for at least another decade.″
The comment came as he promoted a landmark law to slow climate change that authorises hundreds of billions of dollars to boost renewable energy such as wind and solar power and help consumers buy electric vehicles and energy-efficient appliances.
He criticised US hydrocarbon producers for making $200 billion in profits during the global energy crisis.
"It’s outrageous. They invested too little of that profit to increase domestic production and keep gas prices down," Mr Biden said as he called for corporations to "do the right thing".
The Republicans now control the US House of Representatives, though their drumbeat of pessimism about America seems to be failing to resonate beyond members of their own party.
Mr Biden's Democratic Party retained control of the Senate after last November's midterm elections and the better than anticipated results have invigorated the 80-year-old president, who appears set to declare that he will run again in 2024.
He appealed to Republicans to work with him to pass bipartisan legislation, a feat achieved several times in the last session of Congress with the passage of infrastructure spending, gun reform, and other bills.
"To my Republican friends, if we could work together last Congress there's no reason we can't work together and find consensus on important things in this Congress," Mr Biden said.
Ukraine
Capital: Kiev
Population: 44.13 million
Armed conflict in Donbass
Russia-backed fighters control territory
What you as a drone operator need to know
A permit and licence is required to fly a drone legally in Dubai.
Sanad Academy is the United Arab Emirate’s first RPA (Remotely Piloted Aircraft) training and certification specialists endorsed by the Dubai Civil Aviation authority.
It is responsible to train, test and certify drone operators and drones in UAE with DCAA Endorsement.
“We are teaching people how to fly in accordance with the laws of the UAE,” said Ahmad Al Hamadi, a trainer at Sanad.
“We can show how the aircraft work and how they are operated. They are relatively easy to use, but they need responsible pilots.
“Pilots have to be mature. They are given a map of where they can and can’t fly in the UAE and we make these points clear in the lectures we give.
“You cannot fly a drone without registration under any circumstances.”
Larger drones are harder to fly, and have a different response to location control. There are no brakes in the air, so the larger drones have more power.
The Sanad Academy has a designated area to fly off the Al Ain Road near Skydive Dubai to show pilots how to fly responsibly.
“As UAS technology becomes mainstream, it is important to build wider awareness on how to integrate it into commerce and our personal lives,” said Major General Abdulla Khalifa Al Marri, Commander-in-Chief, Dubai Police.
“Operators must undergo proper training and certification to ensure safety and compliance.
“Dubai’s airspace will undoubtedly experience increased traffic as UAS innovations become commonplace, the Forum allows commercial users to learn of best practice applications to implement UAS safely and legally, while benefitting a whole range of industries.”
2.0
Director: S Shankar
Producer: Lyca Productions; presented by Dharma Films
Cast: Rajnikanth, Akshay Kumar, Amy Jackson, Sudhanshu Pandey
Rating: 3.5/5 stars
WHAT%20IS%20THE%20LICENSING%20PROCESS%20FOR%20VARA%3F
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The specs: 2018 BMW R nineT Scrambler
Price, base / as tested Dh57,000
Engine 1,170cc air/oil-cooled flat twin four-stroke engine
Transmission Six-speed gearbox
Power 110hp) @ 7,750rpm
Torque 116Nm @ 6,000rpm
Fuel economy, combined 5.3L / 100km
GOLF’S RAHMBO
- 5 wins in 22 months as pro
- Three wins in past 10 starts
- 45 pro starts worldwide: 5 wins, 17 top 5s
- Ranked 551th in world on debut, now No 4 (was No 2 earlier this year)
- 5th player in last 30 years to win 3 European Tour and 2 PGA Tour titles before age 24 (Woods, Garcia, McIlroy, Spieth)
The Bio
Favourite place in UAE: Al Rams pearling village
What one book should everyone read: Any book written before electricity was invented. When a writer willingly worked under candlelight, you know he/she had a real passion for their craft
Your favourite type of pearl: All of them. No pearl looks the same and each carries its own unique characteristics, like humans
Best time to swim in the sea: When there is enough light to see beneath the surface
UAE’s revised Cricket World Cup League Two schedule
August, 2021: Host - United States; Teams - UAE, United States and Scotland
Between September and November, 2021 (dates TBC): Host - Namibia; Teams - Namibia, Oman, UAE
December, 2021: Host - UAE; Teams - UAE, Namibia, Oman
February, 2022: Hosts - Nepal; Teams - UAE, Nepal, PNG
June, 2022: Hosts - Scotland; Teams - UAE, United States, Scotland
September, 2022: Hosts - PNG; Teams - UAE, PNG, Nepal
February, 2023: Hosts - UAE; Teams - UAE, PNG, Nepal
MATCH INFO
Chelsea 0
Liverpool 2 (Mane 50', 54')
Red card: Andreas Christensen (Chelsea)
Man of the match: Sadio Mane (Liverpool)
Sanju
Produced: Vidhu Vinod Chopra, Rajkumar Hirani
Director: Rajkumar Hirani
Cast: Ranbir Kapoor, Vicky Kaushal, Paresh Rawal, Anushka Sharma, Manish’s Koirala, Dia Mirza, Sonam Kapoor, Jim Sarbh, Boman Irani
Rating: 3.5 stars
At a glance - Zayed Sustainability Prize 2020
Launched: 2008
Categories: Health, energy, water, food, global high schools
Prize: Dh2.2 million (Dh360,000 for global high schools category)
Winners’ announcement: Monday, January 13
Impact in numbers
335 million people positively impacted by projects
430,000 jobs created
10 million people given access to clean and affordable drinking water
50 million homes powered by renewable energy
6.5 billion litres of water saved
26 million school children given solar lighting
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
German intelligence warnings
- 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
- 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
- 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250
Source: Federal Office for the Protection of the Constitution
Company%20profile%20
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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
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
Top goalscorers in Europe
34 goals - Robert Lewandowski (68 points)
34 - Ciro Immobile (68)
31 - Cristiano Ronaldo (62)
28 - Timo Werner (56)
25 - Lionel Messi (50)
*29 - Erling Haaland (50)
23 - Romelu Lukaku (46)
23 - Jamie Vardy (46)
*NOTE: Haaland's goals for Salzburg count for 1.5 points per goal. Goals for Dortmund count for two points per goal.