A supporter holds a cutout of Democratic presidential candidate Bernie Sanders during a rally in Brooklyn, New York on April 17, 2016. Presidential candidates are vying for the Big Apple's votes in the upcoming New York primary. Timothy Clary/AFP
A supporter holds a cutout of Democratic presidential candidate Bernie Sanders during a rally in Brooklyn, New York on April 17, 2016. Presidential candidates are vying for the Big Apple's votes in thShow more

US presidential candidates battle for New York’s votes



NEW YORK // The state of New York is home to the world’s biggest financial market and America’s biggest city but it is not used to playing an important role in the selection of presidential candidates. This year, however, it is different.

In most campaign seasons, the Democratic and Republican parties have a clear idea of their presidential nominee by the time the primaries roll around to New York. But this year they have been unusually competitive and contenders are looking to tomorrow’s New York primaries to give them an edge.

It is not just about winning: the polls show Hillary Clinton leading Bernie Sanders by about 10 percentage points on the Democrat side, and Donald Trump even further ahead for the Republicans – on 54 per cent, with Ted Cruz on 21 per cent and John Kasich 19 per cent.

This is about winning convincingly: Mr Trump needs a thumping victory if he is to have any chance of reaching his delegate target of 1,237 at the Republican convention in Cleveland, Ohio, in July, and Mrs Clinton needs the same is she is to see off a challenger who, despite apparently having little chance of becoming the Democrat nominee, simply refuses to back off.

The New York race has added spice because the main candidates consider the state their home turf.

Mr Trump was born in Queens and made his property fortune here, Mr Sanders is from Brooklyn and Mrs Clinton was a senator for New York from 2001 to 2009.

The Democratic candidates, in particular, have attracted immense interest and discussion in the city. Posters of Mrs Clinton and Mr Sanders appeared across the five boroughs, with shops and businesses displaying their support.

In Cafe Nadery, an Iranian restaurant in the southern end of Manhattan, the vibe was clear: Bernie all the way.

A poster with Mr Sanders’s distinctive silhouette, bearing the word “BERNIE”, hung on the door. More posters lined the walls inside. Even the customers seemed to be drawn from a pool of Mr Sanders’s supporters.

“He’s refreshing. He says the things nobody else dares to say, and that’s important in a presidential candidate,” said Vivian Blauer, 42.

New York City is the stage for one of Mr Sanders’s boldest promises: if elected president, he will break up big banks and financial institutions, shrinking the power that he says Wall Street holds over US politics.

“The greed and recklessness and illegal behaviour of Wall Street brought this country into the worst economic downturn since … the Great Depression of the 1930s, when millions of people lost their jobs, and their homes, and their life savings,” Mr Sanders said in a debate with Mrs Clinton in Brooklyn. “The obvious response to that is that you’ve got a bunch of fraudulent operators and that they have got to be broken up.”

Mrs Clinton was a friend of Wall Street who was “giving speeches to Goldman Sachs for US$225,000 a speech”, Mr Sanders said.

These positions found loud favour during a rally in Washington Square Park. About 27,000 people came to the event – a mostly young and racially diverse crowd.

“You see such extreme inequality here in New York City,” said Saleem Pervez, an Indian immigrant who has run a newsstand near New York University for more than a decade. “That’s why Sanders tends to be popular here.” The poor and the middle class respond to his message about the rich growing richer, Mr Pervez said.

But the cold arithmetic may not work in Mr Sanders’s favour.

For one, many of the state’s poor – or its population of immigrants – may not be registered to vote. Their support is vocal but ultimately irrelevant. For another, New York holds a closed primary, so that only voters registered as Democratic or Republican can cast their ballot.

Voter registration deadlines have been tight and inflexible. Two of Mr Trump’s children live in New York but cannot vote for their father because they missed the deadline.

The allocation of delegates to the party conventions is a byzantine process that differs from party to party and state to state.

In the New York Democratic primary there are 291 delegates at stake, allocated proportionally. Mrs Clinton is likely to win more than Mr Sanders, but nowhere near enough to secure the nomination yet.

In the tally of delegates already elected, Mrs Clinton leads Mr Sanders by 1,289 to 1,045. She also has the support of 469 superdelegates – senior party officials free to support the candidate of their choice – compared to only 31 for Mr Sanders, giving her a lead of 1,758 to 1,076. There are 1,931 delegates still to be allocated, and the winner needs a total of 2,383.

On the Republican side, Mr Trump has 744 delegates, Mr Cruz 559 and John Kasich 144. There are 95 delegates at stake in New York, also allocated proportionally.

Most experts believe Mr Trump will win about 80 delegates, and that he is unlikely to reach the 1,237 target.

ssubramanian@thenational.ae

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
Volvo ES90 Specs

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)

Power: 333hp, 449hp, 680hp

Torque: 480Nm, 670Nm, 870Nm

On sale: Later in 2025 or early 2026, depending on region

Price: Exact regional pricing TBA

The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

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A MINECRAFT MOVIE

Director: Jared Hess

Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Two products to make at home

Toilet cleaner

1 cup baking soda 

1 cup castile soap

10-20 drops of lemon essential oil (or another oil of your choice) 

Method:

1. Mix the baking soda and castile soap until you get a nice consistency.

2. Add the essential oil to the mix.

Air Freshener

100ml water 

5 drops of the essential oil of your choice (note: lavender is a nice one for this) 

Method:

1. Add water and oil to spray bottle to store.

2. Shake well before use. 

COMPANY%20PROFILE
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Suggested picnic spots

Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
 
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes 

Honeymoonish
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Small Victories: The True Story of Faith No More by Adrian Harte
Jawbone Press

Top tips

Create and maintain a strong bond between yourself and your child, through sensitivity, responsiveness, touch, talk and play. “The bond you have with your kids is the blueprint for the relationships they will have later on in life,” says Dr Sarah Rasmi, a psychologist.
Set a good example. Practise what you preach, so if you want to raise kind children, they need to see you being kind and hear you explaining to them what kindness is. So, “narrate your behaviour”.
Praise the positive rather than focusing on the negative. Catch them when they’re being good and acknowledge it.
Show empathy towards your child’s needs as well as your own. Take care of yourself so that you can be calm, loving and respectful, rather than angry and frustrated.
Be open to communication, goal-setting and problem-solving, says Dr Thoraiya Kanafani. “It is important to recognise that there is a fine line between positive parenting and becoming parents who overanalyse their children and provide more emotional context than what is in the child’s emotional development to understand.”
 

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Haemoglobin disorders explained

Thalassaemia is part of a family of genetic conditions affecting the blood known as haemoglobin disorders.

Haemoglobin is a substance in the red blood cells that carries oxygen and a lack of it triggers anemia, leaving patients very weak, short of breath and pale.

The most severe type of the condition is typically inherited when both parents are carriers. Those patients often require regular blood transfusions - about 450 of the UAE's 2,000 thalassaemia patients - though frequent transfusions can lead to too much iron in the body and heart and liver problems.

The condition mainly affects people of Mediterranean, South Asian, South-East Asian and Middle Eastern origin. Saudi Arabia recorded 45,892 cases of carriers between 2004 and 2014.

A World Health Organisation study estimated that globally there are at least 950,000 'new carrier couples' every year and annually there are 1.33 million at-risk pregnancies.

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

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.”

The 12 Syrian entities delisted by UK 

Ministry of Interior
Ministry of Defence
General Intelligence Directorate
Air Force Intelligence Agency
Political Security Directorate
Syrian National Security Bureau
Military Intelligence Directorate
Army Supply Bureau
General Organisation of Radio and TV
Al Watan newspaper
Cham Press TV
Sama TV

Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

Volunteers offer workers a lifeline

Community volunteers have swung into action delivering food packages and toiletries to the men.

When provisions are distributed, the men line up in long queues for packets of rice, flour, sugar, salt, pulses, milk, biscuits, shaving kits, soap and telecom cards.

Volunteers from St Mary’s Catholic Church said some workers came to the church to pray for their families and ask for assistance.

Boxes packed with essential food items were distributed to workers in the Dubai Investments Park and Ras Al Khaimah camps last week. Workers at the Sonapur camp asked for Dh1,600 towards their gas bill.

“Especially in this year of tolerance we consider ourselves privileged to be able to lend a helping hand to our needy brothers in the Actco camp," Father Lennie Connully, parish priest of St Mary’s.

Workers spoke of their helplessness, seeing children’s marriages cancelled because of lack of money going home. Others told of their misery of being unable to return home when a parent died.

“More than daily food, they are worried about not sending money home for their family,” said Kusum Dutta, a volunteer who works with the Indian consulate.

The biog

Mission to Seafarers is one of the largest port-based welfare operators in the world.

It provided services to around 200 ports across 50 countries.

They also provide port chaplains to help them deliver professional welfare services.

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The%20pillars%20of%20the%20Dubai%20Metaverse%20Strategy
%3Cp%3EEncourage%20innovation%20in%20the%20metaverse%20field%20and%20boost%20economic%20contribution%3C%2Fp%3E%0A%3Cp%3EDevelop%20outstanding%20talents%20through%20education%20and%20training%3C%2Fp%3E%0A%3Cp%3EDevelop%20applications%20and%20the%20way%20they%20are%20used%20in%20Dubai's%20government%20institutions%3C%2Fp%3E%0A%3Cp%3EAdopt%2C%20expand%20and%20promote%20secure%20platforms%20globally%3C%2Fp%3E%0A%3Cp%3EDevelop%20the%20infrastructure%20and%20regulations%3C%2Fp%3E%0A

Funk Wav Bounces Vol.1
Calvin Harris
Columbia