The slideshow published by the Belfast Telegraph on Monday, juxtaposing photographs from the life of Martin McGuinness before and after the Northern Ireland peace process, eloquently bookended the story of a man regarded by some as a hero and by others as a symbol of the sectarian violence that killed more than 3,500 people and marred the lives of thousands more during 30 years of "the Troubles".
One picture shows McGuinness wielding a handgun. It was taken in 1972, when he was a member of the IRA, the republican militant movement which traced its roots back to the 1916 Easter Rising against British rule in Ireland and which by the late 1960s had evolved into a terrorist organisation fighting to end the partition of the island, imposed by Britain in 1921 and to see Northern Ireland become part of the Republic. The next photo, taken in 2007, shows him being sworn in as deputy first minister of the Northern Ireland Assembly.
On Monday, McGuinness resigned after a decade in the post. To outsiders, the cause – a row over a failed government scheme to promote environmentally friendly heating – will seem a petty reason to sabotage the hard-won Assembly.
But as anyone familiar with the euphemistically named “Troubles” knows, no excuse for conflict between Catholics and Protestants in Northern Ireland has ever been too petty to be seized upon eagerly by one side or the other, still fighting battles that began 400 years ago.
Because of the arcane rules of Northern Ireland’s delicately balanced power-sharing arrangements, imposed by the Belfast Agreement in 1998, McGuinness’s resignation also forces the removal of the first minister, the Democratic Unionist Party’s Arlene Foster, and is almost certain to trigger an election.
But if the Belfast Telegraph's coverage of McGuinness's resignation had the air of an obituary, there may yet prove to be more to the gesture than political posturing. Rumours that McGuinness, 66, is battling medical problems first surfaced in December and, although on Monday he denied that his health had anything to do with his decision, he looked distinctly unwell. If so, not everyone will wish him a speedy recovery.
James Martin Pacelli McGuinness, named in part for Pope Pius XII, Eugenio Pacelli, was born on May 23, 1950, into a large Catholic family in the Bogside, a working-class area of Londonderry in Northern Ireland. Neither his mother, Peggy, nor father, William, who worked as a foreman in an iron foundry, were politically active.
He left school at 15 and, despite widespread employment discrimination against Catholics, found work, first as a shop assistant and later as an apprentice butcher. But he was radicalised while still in his teens by what he saw when police attacked a civil rights march in Derry. It was clear, he later recalled, that “peaceful protest wasn’t going to change things”.
In 1969 he took part in the Battle of the Bogside, three days of rioting which ended with British soldiers being sent to Northern Ireland. McGuinness joined the IRA and, according to evidence he gave to the Bloody Sunday inquiry in 2001, by 1972 he was the organisation’s second-in-command in Derry.
In January that year British soldiers had killed 17 unarmed civilians in Derry during a protest march. The inquiry concluded that although on the day McGuinness had been “engaged in paramilitary activity” and had probably been armed, there was no evidence that he or the IRA had “provided … the soldiers with any justification for opening fire”.
The following year, however, McGuinness was convicted of terrorist offences in the Republic of Ireland after being arrested close to a car loaded with explosives. He was acquitted of charges relating to these, but sentenced to six months in prison after admitting membership of the IRA. He was arrested again in the Republic in February 1974, again charged with membership of the IRA, and this time sentenced to a year in prison.
This, McGuinness has always claimed, is when he ceased to be an active member of the IRA and instead put his energies into Sinn Fein, the republican movement’s political wing.
In 1982 he won a seat in a short-lived version of the Northern Ireland Assembly but, in keeping with prevailing Sinn Fein policy, declined to take it up. On December 6 that year Republican terrorists blew up a pub in County Derry, killing 11 soldiers and six civilians. Two days later McGuinness was banned from entering Great Britain under the Prevention of Terrorism Act.
McGuinness has always denied claims that, despite his apparent forsaking of violence for politics, he remained a leading figure in the IRA, variously as a member of the seven-person IRA Army Council as recently as 2005 and, at the time of the 1987 Enniskillen bomb, which killed 11 civilians, as head of the IRA’s northern command.
Regardless, he would become Sinn Fein’s lead negotiator with the British government in the Northern Ireland peace process, which culminated in the Belfast (or Good Friday) Agreement in 1998. Under the deal, which brought together the British and Irish governments and eight political groups, including Sinn Fein, in the search for peace, paramilitary groups agreed to decommission their arms. The IRA announced the end of its campaign in 2005. Loyalist paramilitaries followed suit four years later. Britain agreed to “normalise” the policing of Northern Ireland, and to respect any future popular vote for it to break away from the United Kingdom.
In 1997, 2001, 2005 and 2010, McGuinness was elected to parliament in Westminster as the Sinn Fein MP for Mid Ulster, a seat he finally resigned in 2012 to concentrate on his job as deputy first minister of Northern Ireland.
For some, the evolution of McGuinness from IRA man to respected senior politician is welcome proof that even the most apparently intractable and bitter disputes can be resolved through reconciliation. Certainly, Northern Ireland today bears no resemblance to the nightmarish place it was during “The Troubles”.
weekend@thenational.ae
COMPANY%20PROFILE
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Paris%20Agreement
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
RESULT
Deportivo La Coruna 2 Barcelona 4
Deportivo: Perez (39'), Colak (63')
Barcelona: Coutinho (6'), Messi (37', 81', 84')
The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
What is the FNC?
The Federal National Council is one of five federal authorities established by the UAE constitution. It held its first session on December 2, 1972, a year to the day after Federation.
It has 40 members, eight of whom are women. The members represent the UAE population through each of the emirates. Abu Dhabi and Dubai have eight members each, Sharjah and Ras al Khaimah six, and Ajman, Fujairah and Umm Al Quwain have four.
They bring Emirati issues to the council for debate and put those concerns to ministers summoned for questioning.
The FNC’s main functions include passing, amending or rejecting federal draft laws, discussing international treaties and agreements, and offering recommendations on general subjects raised during sessions.
Federal draft laws must first pass through the FNC for recommendations when members can amend the laws to suit the needs of citizens. The draft laws are then forwarded to the Cabinet for consideration and approval.
Since 2006, half of the members have been elected by UAE citizens to serve four-year terms and the other half are appointed by the Ruler’s Courts of the seven emirates.
In the 2015 elections, 78 of the 252 candidates were women. Women also represented 48 per cent of all voters and 67 per cent of the voters were under the age of 40.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
RESULTS
2pm: Handicap (PA) Dh40,000 (Dirt) 1,000m
Winner: AF Mozhell, Saif Al Balushi (jockey), Khalifa Al Neyadi (trainer)
2.30pm: Maiden (PA) Dh40,000 (D) 2,000m
Winner: Majdi, Szczepan Mazur, Abdallah Al Hammadi.
3pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Athabeh, Tadhg O’Shea, Ernst Oertel.
3.30pm: Handicap (PA) Dh40,000 (D) 1,700m
Winner: AF Eshaar, Bernardo Pinheiro, Khalifa Al Neyadi
4pm: Gulf Cup presented by Longines Prestige (PA) Dh150,000 (D) 1,700m
Winner: Al Roba’a Al Khali, Al Moatasem Al Balushi, Younis Al Kalbani
4.30pm: Handicap (TB) Dh40,000 (D) 1,200m
Winner: Apolo Kid, Antonio Fresu, Musabah Al Muahiri
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
Tiger%20Stripes%20
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The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Batti Gul Meter Chalu
Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
Company profile
Company name: Suraasa
Started: 2018
Founders: Rishabh Khanna, Ankit Khanna and Sahil Makker
Based: India, UAE and the UK
Industry: EdTech
Initial investment: More than $200,000 in seed funding
MATCH INFO
Uefa Champions League quarter-final, second leg (first-leg score):
Manchester City (0) v Tottenham Hotspur (1), Wednesday, 11pm UAE
Match is on BeIN Sports
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.”
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5