President Joe Biden inspected part of the US-Mexico border on Sunday, marking his first trip there since taking office two years ago — a visit that Republicans said was long overdue.
Authorities are struggling with record numbers of undocumented migrants crossing into America, and immigration will probably take centre stage in the run-up to the 2024 presidential election.
That is even more likely now that the Republicans hold control of the House of Representatives and have the power to launch investigations and hold hearings on the issue.
The trip to El Paso, Texas, was a brief stopover before Mr Biden's visit to Mexico City, where he and the leaders of Mexico and Canada will gather on Monday and Tuesday for a North American leaders' summit.
There are more crossings at El Paso than anywhere else along the 3,145km border with Mexico.
Mr Biden met border authorities to discuss immigration and other topics, including the increased smuggling of synthetic opioids, including fentanyl, that kill tens of thousands of Americans each year.
Local residents Rafael Rodriguez and his sister Lupe Rodriguez waved a Biden sign from the 2020 presidential election as he drove into the complex around the Bridge of The Americas, connecting El Paso to Juarez, Mexico.
“It was a good feeling to have the President wave at us,” said Mr Rodriguez, 66.
The retired El Paso native, who supported Mr Biden in the 2020 election, said the issue along the border must be “taken care of.”
Migrant crossings into the US from Mexico have soared since Mr Biden took office in January 2021, with authorities stopping people 2.38 million times in the fiscal year that ended last September.
It was the first time the number exceeded 2 million.
Outside Sacred Heart Church in downtown El Paso, where hundreds of migrants are camping, there was a frenzy of activity in the hours leading up to Mr Biden's visit.
El Paso police officers detained several migrants and tried to clean up the area around the red-brick building.
Ingrid Johanna Sagra, a Colombian migrant, had hoped Mr Biden might come to see the conditions she and others have been staying in.
"He should come and find a solution to all this here on the border," Ms Sagra said.
She crossed into the US with her husband and son, 7, but because her husband is from Venezuela, he was separated from the family and she fears will be deported to Mexico.
But Mr Biden did not go past Sacred Heart, much to the frustration of the migrants there.
“He knows that we are and he didn’t acknowledge us,” said Ibrahim Martinez, a migrant from Venezuela.
Mr Martinez said he was unsure where he would go now or what he would do. He just knows he cannot go back.
“We sold everything to come here,” he told The National.
Father Rafael Garcia, the priest at Sacred Heart, said Mr Biden should see the problem for himself.
"I think the more he can see first-hand, it's good," he said.
Joe Barraza, who came to the US when he was 6, said Mr Biden should have seen the migrants.
"This is where the problem is right here," Mr Barraza told The National. "This is ground zero, this is where he should be."
Different political approaches
Publicly, at least, the Democrats and the Republicans take a different tack on immigration, with the Democrats seeking to find legal pathways for people to come to America.
The Republicans take a tougher line, as was seen under the Trump administration, which detained immigrants, many of them children, en masse.
Texas Governor Greg Abbott, a Republican, was dismissive of Mr Biden's visit.
“All he’s going to do down there is rearrange the chairs on the deck of the Titanic," Mr Abbott told Fox News.
"He’s not going to achieve any solutions that will make the border safer, more secure and stop illegal immigration."
Mr Biden spent close to four hours speaking to local officials. While many here were happy that he had finally visited, they was a consensus the trip was too short.
"Not nearly long enough," said Richard Pineda, Director of the Sam Donaldson Centre for Communications Studies at the University of Texas El Paso.
Migrants in El Paso protest before US President Joe Biden's visit - in pictures
The challenge facing the US on its southern border “is something that is not unique to the United States", Homeland Security Secretary Alejandro Mayorkas told ABC News.
"It’s gripping the hemisphere. And a regional challenge requires a regional solution."
Mr Biden announced a multifaceted approach to immigration along the southern border last week, which in part would include an expansion of a programme, known as Title 42.
The programme was enacted as a health emergency policy under the Trump administration but has also been used by the Biden government to block asylum seekers hoping to enter the US.
Under the new guidelines, migrants from Nicaragua, Cuba, Venezuela and Haiti will have an expanded legal pathway to apply for entry into the US if they pass background checks and have a financial sponsor in America.
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The%20specs
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The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
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)
RESULTS
1.45pm: Maiden Dh75,000 1,200m
Winner: Lady Parma, Richard Mullen (jockey), Satish Seemar (trainer).
2.15pm: Maiden Dh75,000 1,200m
Winner: Tabernas, Connor Beasley, Ahmed bin Harmash.
2.45pm: Handicap Dh95,000 1,200m
Winner: Night Castle, Connor Beasley, Satish Seemar.
3.15pm: Handicap Dh120,000 1,400m
Winner: Mystique Moon, Sam Hitchcott, Doug Watson.
3.45pm: Handicap Dh80,000 1,400m
Winner: Mutawakked, Szczepan Mazur, Musabah Al Muhairi.
4.15pm: Handicap Dh90,000 1,800m
Winner: Tafaakhor, Sandro Paiva, Ali Rashid Al Raihe.
4.45pm: Handicap Dh80,000 1,950m
Winner: Cranesbill, Fabrice Veron, Erwan Charpy.
Afcon 2019
SEMI-FINALS
Senegal v Tunisia, 8pm
Algeria v Nigeria, 11pm
Matches are live on BeIN Sports
MATCH INFO
Manchester City 3
Danilo (16'), Bernardo Silva (34'), Fernandinho (72')
Brighton & Hove Albion 1
Ulloa (20')
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.”
WITHIN%20SAND
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The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5
What are the influencer academy modules?
- Mastery of audio-visual content creation.
- Cinematography, shots and movement.
- All aspects of post-production.
- Emerging technologies and VFX with AI and CGI.
- Understanding of marketing objectives and audience engagement.
- Tourism industry knowledge.
- Professional ethics.
Match info
Liverpool 3
Hoedt (10' og), Matip (21'), Salah (45 3')
Southampton 0
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
MATCH INFO
Chelsea 3 (Abraham 11', 17', 74')
Luton Town 1 (Clark 30')
Man of the match Abraham (Chelsea)
The Little Things
Directed by: John Lee Hancock
Starring: Denzel Washington, Rami Malek, Jared Leto
Four stars
Global state-owned investor ranking by size
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UAE
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Norway
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Canada
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Hydrogen: Market potential
Hydrogen has an estimated $11 trillion market potential, according to Bank of America Securities and is expected to generate $2.5tn in direct revenues and $11tn of indirect infrastructure by 2050 as its production increases six-fold.
"We believe we are reaching the point of harnessing the element that comprises 90 per cent of the universe, effectively and economically,” the bank said in a recent report.
Falling costs of renewable energy and electrolysers used in green hydrogen production is one of the main catalysts for the increasingly bullish sentiment over the element.
The cost of electrolysers used in green hydrogen production has halved over the last five years and will fall to 60 to 90 per cent by the end of the decade, acceding to Haim Israel, equity strategist at Merrill Lynch. A global focus on decarbonisation and sustainability is also a big driver in its development.
The National's picks
4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young
PREMIER LEAGUE FIXTURES
All kick-off times UAE ( 4 GMT)
Saturday
Liverpool v Manchester United - 3.30pm
Burnley v West Ham United - 6pm
Crystal Palace v Chelsea - 6pm
Manchester City v Stoke City - 6pm
Swansea City v Huddersfield Town - 6pm
Tottenham Hotspur v Bournemouth - 6pm
Watford v Arsenal - 8.30pm
Sunday
Brighton and Hove Albion v Everton - 4.30pm
Southampton v Newcastle United - 7pm
Monday
Leicester City v West Bromwich Albion - 11pm
Revival
Eminem
Interscope