Indian Prime Minister Narendra Modi took a light-hearted approach to a dinner at the White House after a day of meetings and appearances on his US state visit.
In a toast to US President Joe Biden and first lady Jill Biden at a dinner in his honour on Thursday, Mr Modi about Indian and American cultural exchanges and his singing.
“I know your hospitality has moved your guests to sing. I wish, I too, had the singing talent,” Mr Modi said. “I could have also sang before you all.”
He was referring to South Korean President Yoon Suk Yeol, who surprised guests when he got up onstage during a White House state dinner honouring him in April and gave a rendition of American Pie, one of his favourite songs, to raucous applause.
Just as Mr Biden and Mr Modi are using the trip to improve their personal ties, Americans and Indians are also reaching better understanding, Mr Modi said.
“We can pronounce each other's names correctly. We can understand each other's accent better,” he said. “Kids in India become Spider-Man on Halloween and America's youth is dancing to the tune of Naatu Naatu,” a catchy song from the Indian film RRR.
After the toast, the Indian leader and other guests, including tech leaders, designer Ralph Lauren, filmmaker M Night Shyamalan and tennis player Billie Jean King, ate a vegetarian meal, the feast making up for a 2014 banquet when Mr Modi was fasting and would not eat.
“I remember you were asking me and asking me again and again what I could eat during my fast. But it was not possible for me to eat anything and you were quite concerned about it,” he told Mr Biden.
“Well today, I’m making up for it. All that you desired at that time with so much affection is being fulfilled today.”
Ms Biden enlisted California-based chef Nancy Curtis to help in the kitchen. Curtis specialises in plant-based cooking and said the menu shows "the best of American cuisine seasoned with Indian elements and flavours.”
Saffron risotto accompanied the mushroom main course, and dessert was infused with cardamom and rose syrup. She used millet because India is leading an international year of recognition for the grain.
Mr Modi's visit was not without controversy. His speech to Congress, normally a bipartisan affirmation of a visiting leader from an allied nation, was boycotted by some liberal lawmakers, who cited the Modi government's treatment of India's Muslim minority.
"I encourage my colleagues who stand for pluralism, tolerance and freedom of the press to join me in doing the same," Congresswoman Alexandria Ocasio-Cortez tweeted on Wednesday.
Mr Modi's speech to the Congress also drew a crowd of onlookers who chanted "Modi, Modi" at applause lines.
As about 7,000 gathered for a colourful opening ceremony at the White House, a far smaller group of demonstrators gathered blocks away to protest against the Biden administration's cosiness with Mr Modi, who leads the Hindu nationalist Bharatiya Janata Party.
Mr Modi is seeking to raise the status that India, the world's most populous country at 1.4 billion and fifth-largest economy, has on the world stage as a manufacturing and diplomatic powerhouse while navigating strained ties with China.
His participation in a White House press conference itself was a reflection of contrasting political traditions, marking the first time the BJP leader has taken questions in such a format in his nine-year tenure.
Asked by a US reporter about what steps he would take to improve the rights of Muslims and other minorities, Mr Modi said "there's absolutely no space for discrimination" in India.
Mr Biden told reporters he and Mr Modi had a straightforward discussion about democratic values.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Remaining Fixtures
Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
The five pillars of Islam
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