President Donald Trump arrives at the G20 summit in Osaka, Japan last year. Much has changed around the world since. AP Photo
President Donald Trump arrives at the G20 summit in Osaka, Japan last year. Much has changed around the world since. AP Photo
President Donald Trump arrives at the G20 summit in Osaka, Japan last year. Much has changed around the world since. AP Photo
President Donald Trump arrives at the G20 summit in Osaka, Japan last year. Much has changed around the world since. AP Photo

Coronavirus pandemic has thrown the world order into a tailspin


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Whether they continue the lockdown and prioritise public health, or ease measures to avoid an economic collapse that will be devastating for their current and future financial and psychological wellbeing, nations and their leaders will be forced to reinvent themselves. Certainly, it will not be possible for them to return to the broad-based policies that had been put in place before Covid-19, with the virus having already altered the globalised landscape and upended nations’ geopolitical plans.

Even as the large, rich and powerful countries currently struggle to contain the coronavirus pandemic, the International Committee of the Red Cross (ICRC) has warned of its dire consequences on the future of vulnerable countries in the Middle East.

The ICRC has also noted that these nations are vulnerable not just due to their poor health and social infrastructure, but also because they are susceptible to violent social and political unrest as a reaction to their respective governments’ inadequate response to the crisis.

Iran, despite being one of the first countries in the Middle East to be hit by the coronavirus, has discovered that even in these circumstances, the US will not lift sanctions and Europe will not circumvent them. Tehran could well be upset by this reality, but it may also have concluded that unless it changes its regional policies, as well as its nuclear and ballistic missile programmes, the sanctions will remain in place.

The question, therefore, is whether the pandemic will force the region’s countries to reconsider their policies and reinvent themselves in order to save themselves. One problem is that global powers will be less capable of coming to their rescue due to their focus on the devastation in their own backyards.

In the post-Covid-19 brave new era, countries such as China, Russia and the US – as well as members of the EU and the G20 – will be forced to submit to radical reforms, both locally and globally.

Reform could also be waiting to happen within global institutions, such as the United Nations and its various agencies – including the World Health Organisation. President Donald Trump’s decision to suspend US funding for the WHO – in a protest against its alleged bias towards China – has been met with positive and negative responses within that country. The reaction outside the US has mostly been negative – irrespective of whether Mr Trump was justified or not in taking such action – given the realisation that we are all in this together.

Supranational groups such as the European Union have also been seen to be wanting in their ability to deliver solutions. The 27-nation bloc can no longer pretend as if nothing has changed following Brexit and the spread of Covid-19. Few will doubt the EU is facing huge economic, political and social challenges at the moment.

The dynamics that prevailed before the pandemic within the Group of 20, or G20, cannot continue to exist either, while the Gulf Cooperation Council (GCC) will find an opportunity to review some of its policies amid shrinking oil prices – due in large part to the glut in oil supplies, which can be attributed to a collapse in the demand for hydrocarbons in the wake of the global viral outbreak.

GCC ministers met via video link. Wam
GCC ministers met via video link. Wam

Dr Andrei Fedorov, former deputy foreign minister of Russia and chairman of the Fund for Political Research, expects oil reservoirs to be nearly full in Russia, the US and everywhere else in the world – to the extent that these countries will be “obliged to get rid of it at any price even if the oil price goes down to zero” and the reason is that “you cannot stop production in the pipelines”. He added that this could happen in four weeks, and therefore, “by the end or mid-May, there will be a new oil crisis if it is not possible to go back to oil production”. He warned that if we get to the zero-point in May, “there will be no chance to restart the world economy without heavy losses”.

Most world leaders are moving with extreme caution, fearing they could squander a chance to restart the world economy, and expedite collapse.

May seems to be the month when most leaders hope to see a return to work and a gradual reduction in unemployment that has especially been devastating for the US, where more than 20 million people are claiming jobless allowances. The stakes are high, including Mr Trump’s re-election chances later this year. There is also concern of the adverse impact of America’s continued lockdown on other economies around the globe. “If the US economy is not reopened soon, this will kill the world economy,” Dr Fedorov said.

Iranian army commander-in-chief Abdolrahim Mousavi speaking during an army parade in Tehran. AFP
Iranian army commander-in-chief Abdolrahim Mousavi speaking during an army parade in Tehran. AFP

For its part, he added, “Russia is unable to play a role in the global economic agenda because of oil as well as the impact of the global economic crisis”. For this reason, there is talk in Moscow about reformulating the priorities of Russian foreign policy as the global conversation focuses on assessing how the coronavirus has impacted globalisation and the world economy.

There is, of course, an opportunity to restart the economy between the months of May and September – instead of keeping everything on lockdown indefinitely. But with fears of a second wave of the pandemic in China in the autumn season, many world leaders will be expected to formulate plans accordingly but also fearing for the future.

Raghida Dergham is the founder and executive chairwoman of the Beirut Institute

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UAE currency: the story behind the money in your pockets
The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

Ferrari 12Cilindri specs

Engine: naturally aspirated 6.5-liter V12

Power: 819hp

Torque: 678Nm at 7,250rpm

Price: From Dh1,700,000

Available: Now

Bio:

Favourite Quote: Prophet Mohammad's quotes There is reward for kindness to every living thing and A good man treats women with honour

Favourite Hobby: Serving poor people 

Favourite Book: The Alchemist by Paulo Coelho

Favourite food: Fish and vegetables

Favourite place to visit: London

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

Titanium Escrow profile

Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue  
Stage: Early stage
Investors: Founder's friends and Family

The specs

Engine: Two permanent-magnet synchronous AC motors

Transmission: two-speed

Power: 671hp

Torque: 849Nm

Range: 456km

Price: from Dh437,900 

On sale: now

'The Woman in the House Across the Street from the Girl in the Window'

Director:Michael Lehmann

Stars:Kristen Bell

Rating: 1/5

COMPANY%20PROFILE
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Bournemouth 0

Manchester United 2
Smalling (28'), Lukaku (70')

BUNDESLIGA FIXTURES

Friday (All UAE kick-off times)

Borussia Dortmund v Eintracht Frankfurt (11.30pm)

Saturday

Union Berlin v Bayer Leverkusen (6.30pm)

FA Augsburg v SC Freiburg (6.30pm)

RB Leipzig v Werder Bremen (6.30pm)

SC Paderborn v Hertha Berlin (6.30pm)

Hoffenheim v Wolfsburg (6.30pm)

Fortuna Dusseldorf v Borussia Monchengladbach (9.30pm)

Sunday

Cologne v Bayern Munich (6.30pm)

Mainz v FC Schalke (9pm)

Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

Sustainable Development Goals

1. End poverty in all its forms everywhere

2. End hunger, achieve food security and improved nutrition and promote sustainable agriculture

3. Ensure healthy lives and promote well-being for all at all ages

4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

5. Achieve gender equality and empower all women and girls

6. Ensure availability and sustainable management of water and sanitation for all

7. Ensure access to affordable, reliable, sustainable and modern energy for all

8. Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

9. Build resilient infrastructure, promote inclusive and sustainable industrialisation and foster innovation

10. Reduce inequality  within and among countries

11. Make cities and human settlements inclusive, safe, resilient and sustainable

12. Ensure sustainable consumption and production patterns

13. Take urgent action to combat climate change and its effects

14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development

15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss

16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels

17. Strengthen the means of implementation and revitalise the global partnership for sustainable development

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UAE%20v%20West%20Indies
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QUARTER-FINAL

Wales 20-19 France

Wales: T: Wainwright, Moriarty. Cons: Biggar (2) Pens: Biggar 2

France: T: Vahaamahina, Ollivon, Vakatawa Cons: Ntamack (2)