People gather to listen to a speech by US President Joe Biden at the Royal Castle in Warsaw, Poland, on March 26, 2022. EPA
People gather to listen to a speech by US President Joe Biden at the Royal Castle in Warsaw, Poland, on March 26, 2022. EPA
People gather to listen to a speech by US President Joe Biden at the Royal Castle in Warsaw, Poland, on March 26, 2022. EPA
People gather to listen to a speech by US President Joe Biden at the Royal Castle in Warsaw, Poland, on March 26, 2022. EPA


Nato doesn't want a Third World War, but it is not de-escalating either


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March 27, 2022

The strategic compass that Nato leaders have been using in the wake of the Russian invasion of Ukraine still lacks precision. The same could be said for Moscow’s own compass, too.

The threat of weapons of mass destruction, including chemical weapons, are part of the calculus of all sides. US President Joe Biden said explicitly that in the event Russia deploys chemical weapons, then the US would respond. But the question remains – respond how, and where?

The Nato summit this week avoided using the traditional discourse of “red lines”, fearing implications not just in terms of Russian retaliation, but also due to awareness that any cost will be higher for the European states.

One of the key components of Nato’s strategic compass, according to Mr Biden, is the unprecedented unity in the ranks of the alliance. Beyond simple messaging about solidarity, practical steps are being taken to signal a possible expansion of Nato membership, increase military budgets for existing members and deploy more advanced weapons across Eastern Europe as well as Ukraine.

Yet, Ukrainian President Volodymyr Zelenskyy remains sceptical of Nato. To him, its achievements may be too little too late, and have come only from the ruins of Ukraine. “We are grateful…but”, Zelensky has said repeatedly. The Ukraine war is increasingly becoming a proxy battle between Russia and Nato, in which the latter refuses to intervene directly.

Mr Zelenskyy had clearly assumed Ukraine’s friendship with Nato would bring with it western protection from Russia. Instead, he is now caught in a Russian war on Ukraine that could lead to its official partition or complete disintegration, which he had probably never anticipated.

The morale of the Ukrainian people, army and volunteers remains high in contrast with the performance of Russian troops and equipment. There is global solidarity with Ukraine and largely Western outrage over Russia’s actions. But ultimately, Ukraine’s leaders may have averted this dark fate if they had not pursued so strongly an orientation towards Nato and the West.

The Nato summit this week avoided the traditional rhetoric of 'red lines'

Some may say – and rightly so – this is Ukraine’s sovereign right, and that it is up to the Ukrainian people to decide whether they face Westward or not. But the question Ukraine must now grapple with is whether such lofty values as self-determination truly do outweigh other geopolitical and strategic concerns. Recall how Iraq was transformed in the name of democracy from a key state in the regional equation to a fragmented and violated country, now dominated by sectarianism and Iranian hegemonic schemes. The point here is not to compare Ukraine and Iraq, but to recall how democracy, values and freedoms can be used to justify the destruction of states, deliberately…or otherwise.

None of this is to say that Russia has not miscalculated by launching its war in Ukraine. Moscow still believes that a strategy of further escalation with the West will force the US and the European powers to backtrack. The problem with escalation between rival great powers, however, is that both sides usually prefer to ratchet things up rather than back down.

The Nato and EU summit resolutions on Thursday seemed, of course, on the surface to be non-escalatory. Western leaders did not endorse the no-fly zone demanded by Mr Zelenskyy, which could have implicated Nato directly in the Ukraine conflict. They also did not draw lines in the sand or identify red lines, which is somewhat reassuring. However, these summits’ decisions are transitional, not final. In other words, while moves have been made to avoid a global crisis for now, the overall direction of confrontation rather than reconciliation is moving full steam ahead.

And while the Nato summit excluded the option of direct military confrontation with Russia, it has hinted at allowing states like Poland to take action if deemed necessary. The summit also approved a huge military aid package to Ukraine. But Russia is unlikely to sit idly by as Nato military aid flows into Ukraine. It has already indicated that it could attempt to destroy these weapons as they enter Ukrainian territory, raising risks of further confrontation.

The summits in Brussels also approved new sanctions aimed at preventing Russia from accessing its huge gold reserves, and Russia, in turn has weaponised its gas exports. Russian President Vladimir Putin has given energy giant Gazprom just one week to reach a deal with European nations that rely on Russian gas, led by Germany, Italy, Austria, and Hungary. Otherwise, Moscow could cut off gas supplies to these countries, some of which import up to 40 per cent of their needs from Russia.

Despite attempts by Turkey to mediate a solution between Russia and Ukraine and, by extension, the rest of Europe, so far, no such solution is on the horizon. So Russia's likely path forward until then is to step up its military operations in Ukraine.

Russia has miscalculated in this war, but Nato's calculations may not be much better. Despite Mr Biden's boasts of Nato unity, the fact that all of this escalation poses huge risks to the entire world economy will have a great impact on US and European public opinion. It is true that the West is more united than it has been in a long time, but it is an open question whether the costs of getting it there are worth it.

Politics in the West
Company%20profile
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All the Money in the World

Director: Ridley Scott

Starring: Charlie Plummer, Mark Wahlberg, Michelle Williams, Christopher Plummer

Four stars

THE BIO

Born: Mukalla, Yemen, 1979

Education: UAE University, Al Ain

Family: Married with two daughters: Asayel, 7, and Sara, 6

Favourite piece of music: Horse Dance by Naseer Shamma

Favourite book: Science and geology

Favourite place to travel to: Washington DC

Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.

Continental champions

Best Asian Player: Massaki Todokoro (Japan)

Best European Player: Adam Wardzinski (Poland)

Best North & Central American Player: DJ Jackson (United States)

Best African Player: Walter Dos Santos (Angola)

Best Oceanian Player: Lee Ting (Australia)

Best South American Player: Gabriel De Sousa (Brazil)

Best Asian Federation: Saudi Jiu-Jitsu Federation

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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A little about CVRL

Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.

One of its main goals is to provide permanent treatment solutions for veterinary related diseases. 

The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery. 

MATCH INFO

Real Madrid 2 (Benzema 13', Kroos 28')
Barcelona 1 (Mingueza 60')

Red card: Casemiro (Real Madrid)

UAE currency: the story behind the money in your pockets
COMPANY%20PROFILE
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How to help

Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200

Company profile

Name: Back to Games and Boardgame Space

Started: Back to Games (2015); Boardgame Space (Mark Azzam became co-founder in 2017)

Founder: Back to Games (Mr Azzam); Boardgame Space (Mr Azzam and Feras Al Bastaki)

Based: Dubai and Abu Dhabi 

Industry: Back to Games (retail); Boardgame Space (wholesale and distribution) 

Funding: Back to Games: self-funded by Mr Azzam with Dh1.3 million; Mr Azzam invested Dh250,000 in Boardgame Space  

Growth: Back to Games: from 300 products in 2015 to 7,000 in 2019; Boardgame Space: from 34 games in 2017 to 3,500 in 2019

Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES

SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities

Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails

Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies

Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments

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Most sought after workplace benefits in the UAE
  • Flexible work arrangements
  • Pension support
  • Mental well-being assistance
  • Insurance coverage for optical, dental, alternative medicine, cancer screening
  • Financial well-being incentives 
MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

Countries offering golden visas

UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.

Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.

Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.

Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.

Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence. 

Brief scoreline

Switzerland 0

England 0

Result: England win 6-5 on penalties

Man of the Match: Trent Alexander-Arnold (England)

Updated: March 27, 2022, 2:00 PM`