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Israel has been accused of using white phosphorus in military operations in Gaza and Lebanon by the Human Rights Watch.
The NGO said it had verified videos taken in Lebanon and Gaza on October 10 and 11 that showed “multiple airbursts of artillery-fired white phosphorus over the Gaza city port and two rural locations along the Israel-Lebanon border”.
Israel has branded the accusations as “unequivocally false”.
The human rights group also shared videos showing “155mm white phosphorus artillery projectiles being used, apparently as smokescreens, marking, or signalling”.
Israel has carried out several strikes on the Gaza Strip since October 7 after Hamas killed about 1,200 people in a surprise attack in southern Israel. About 240 were taken hostage.
More than 11,200 people have since been killed in retaliatory Israeli strikes on Gaza.
Israel has also launched smaller-scale strikes on Hezbollah in southern Lebanon. The Lebanese Ministry of Agriculture has said that since October 8, 328 fires have been recorded in 52 towns in the area due to Israeli shelling, attributing many to the use of white phosphorus.
White phosphorus is a toxic substance that can be used for marking, signalling or as a smoke agent because it produces clouds of irritating white smoke. It also has an incendiary effect as it can spontaneously combust when exposed to oxygen.
It can also severely burn people and structures. White phosphorus can cause deep thermal and chemical burns to human skin.
HRW said even relatively minor burns from white phosphorus can be fatal. Survivors often have extensive scarring which tightens muscle tissue and lifelong physical disabilities.
“Any time that white phosphorus is used in crowded civilian areas, it poses a high risk of excruciating burns and lifelong suffering,” Lama Fakih, Middle East and North Africa director at Human Rights Watch said.
“White phosphorus is unlawfully indiscriminate when airburst in populated urban areas, where it can burn down houses and cause egregious harm to civilians,” Mr Fakih said.
White phosphorus can be legally used on battlefields for creating smoke screens to conceal movement. Its use against civilians is prohibited by Protocol III of the 1980 Convention on Certain Conventional Weapons. Israel, however, has not signed the protocol and is not bound by it.
The Israeli army has denied using the weapon.
“The current accusation made against the IDF regarding the use of white phosphorus in Gaza is unequivocally false,” the army said.
“The IDF has not deployed the use of such munitions.”
Israel has previously been accused of using white phosphorus in Gaza. During its 2008-2009 offensive on the strip, the Israeli military admitted to having used the toxic agent. In 2013, it said it would no longer use it in future conflicts.
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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.”
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
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Jigra
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
The Sky Is Pink
Director: Shonali Bose
Cast: Priyanka Chopra Jonas, Farhan Akhtar, Zaira Wasim, Rohit Saraf
Three stars
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
Brief scores:
QPR 0
Watford 1
Capoue 45' 1
The Cockroach
(Vintage)
Ian McEwan