Demi Moore as Kate and David Duchovny in The Joneses.
Demi Moore as Kate and David Duchovny in The Joneses.

The Joneses



A craven exercise in trashed expectations, The Joneses is a movie of two achingly disparate halves. In the first we are treated to a wickedly bleak satire about the empty soul of Western consumerism run amok. The second part does an absurd thematic volte face and becomes just the sort of corporate blancmange that the film from the first half would have satirised.

Typically, it all started so well, with the introduction of the eponymous family as the ideal Middle American success story. The Joneses consist of debonair father Steve (Duchovny), his stylish wife Kate (Moore), and their two perfect children, Jenn (Amber Heard) and Mick (Ben Hollingsworth). When we first meet the Joneses they're already moving into a giant mansion in an anonymous gated community somewhere in rich-ville USA (actual location Georgia). The Joneses drive Audis, wear Nikes, and sport Guccis. They practically breathe brands. And they instantly become the stars of the neighbourhood, dazzling the less glamorous among them with a combination of sexy smiles and limitless consumer durables. For the purpose of narrative clarity, however, the Joneses quickly reveal themselves to each other, and to us, as a fake family of sales people, working for an unnamed corporate marketing giant. In a slightly awkward expository scene, Lauren Hutton pops up as KC, a corporate hatchet woman whose job is to motivate her team and to inform us that the family are "self-marketers" who are flaunting the very idea of themselves and their perfection in order to sell the products that surround that perfection. "If people want you, they'll want what you want!" announces Hutton to her ace recruits. The Joneses then get busy selling. Kate and Steve host phony dinner parties and carefully project an image of the lusty, vibrant marriage, while Jenn and Mick's schoolside cool is equally contrived. In this Moore and Duchovny excel at depicting the kind of smooth shallow charade that might go unnoticed in any daytime TV soap or mainstream romantic comedy, while the movie, from the debut director Borte, delights at seeing just how implicated the American family has become in the DNA of corporate consumerism. But then disaster strikes, both for the characters within the plot and for the entire movie itself. Steve suddenly reveals his softer side, and that he's fallen in love with Kate. This, as KC could have told us, is a break with corporate protocol and threatens to derail the efficacy of the sales machine. Worse still, fake siblings Jenn and Mick undergo PR-busting identity crises. At which point Borte abandons all satirical instincts and asks us, after everything that's happened, to see the beauty in this family after all. Similarly a melodramatic rain-soaked climax, with rousing romantic strings, would have suited another gushier movie. But here the cosy resolutions ultimately validate all those corporate plugs in the first half of the movie, and make the whole thing vaguely unsettling and crass.

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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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.”

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UNpaid bills:

Countries with largest unpaid bill for UN budget in 2019

USA – $1.055 billion

Brazil – $143 million

Argentina – $52 million

Mexico – $36 million

Iran – $27 million

Israel – $18 million

Venezuela – $17 million

Korea – $10 million

Countries with largest unpaid bill for UN peacekeeping operations in 2019

USA – $2.38 billion

Brazil – $287 million

Spain – $110 million

France – $103 million

Ukraine – $100 million

 

UAE currency: the story behind the money in your pockets
Cricket World Cup League 2

UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs

UAE fixtures
Free admission. All fixtures broadcast live on icc.tv

Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

Company%C2%A0profile
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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

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now