Sarah Palin electrifies Republicans as she eviscerates Obama



Republican vice presidential candidate Sarah Palin electrified the Republican National Convention on Wednesday night in St Paul, Minnesota, with her speech in which she accepted the nomination. "Before I became governor of the great state of Alaska, I was mayor of my hometown. "And since our opponents in this presidential election seem to look down on that experience, let me explain to them what the job involves," said the governor of Alaska as she eviscerated Democratic presidential candidate Sen Barack Obama for his varying remarks about working class Americans. "I guess a small-town mayor is sort of like a 'community organiser', except that you have actual responsibilities. I might add that in small towns, we don't quite know what to make of a candidate who lavishes praise on working people when they are listening, and then talks about how bitterly they cling to their religion and guns when those people aren't listening. "We tend to prefer candidates who don't talk about us one way in Scranton and another way in San Francisco. "As for my running mate, you can be certain that wherever he goes, and whoever is listening, John McCain is the same man," explained Ms Palin. The International Herald Tribune highlighted a dig she took at the media in her speech: "I'm not a member of the permanent political establishment," Ms Palin said in her remarks. which took aim at the media establishment to great shouts of approval from the delegates. "And I've learned quickly, these past few days, that if you're not a member in good standing of the Washington elite, then some in the media consider a candidate unqualified for that reason alone. But here's a little newsflash for all those reporters and commentators: I'm not going to Washington to seek their good opinion ? I'm going to Washington to serve the people of this country." The former New York Mayor Rudolph Giuliani earlier launched a nasty attack on Mr Obama and his running mate Sen Joe Biden by saying that: "She already has more executive experience than the entire Democratic ticket." "Barack Obama has never led anything, nothing, nada," Mr Giuliani added. "How dare they question whether Sarah Palin has enough time to spend with her children and be vice president," he added. "How dare they do that? When do they ever ask a man that question?" Meanwhile, a profile of Ms Palin's husband, Todd Palin, revealed that he works for BP, the large British petroleum company, despite Ms Palin's regular attacks on big oil companies. The profile in the IHT also claimed that Mr Palin was involved in providing incriminating information to Alaska police about the husband of Governor Palin's sister, who was a state trooper and in the process of getting a divorce, in order to get him fired from his job. Mr Palin denies pressuring the police and said that he was only "informing" the police.

The Bush administration is putting money behind its words, with US President George W Bush announcing a $1 billion aid package to help Georgia recover from its recent invasion by Russian troops. "Secretary of State Condoleezza Rice, appearing in Washington, said that $570 million of the aid would be made available this year, while the rest would depend on approval by a new administration and a new Congress. It does not include any military aid, she and other administration officials said," reported the IHT. "The initial money, Bush said in a statement, would be used to feed and shelter tens of thousands of Georgians displaced during the fighting that began on the night of Aug. 7 when Georgia tried to establish control over a breakaway region, South Ossetia, only to be driven back by Russian forces. Bush also pledged to support its transition to a democratic market economy." This lavish aid and US concern over an expansionist Russia was in stark contrast to Haiti's suffering right in its backyard. According to the BBC, Haiti has been hit by three tropical storms in the past 21 days, which have caused much damage and killed 170 people. "Haiti faces a 'catastrophe' after being hit by a series of storms in recent weeks, President Rene Preval has said," reported the BBC. "The latest, Tropical Storm Hanna, could prove even more deadly than one that killed more than 3,000 people in 2004, Mr Preval warned. "Hanna is now approaching the Bahamas, where storm warnings have been issued. "At 0030 GMT on Thursday, Hanna was about 575 km south-east of Nassau and moving north-west, the US National Hurricane Center (NHC) says. "Separately, storm Ike has strengthened rapidly into an extremely powerful Category Four hurricane in the open Atlantic, the NHC says."

After days of riots and sit-in protests by opponents of Thai Prime Minister Samak Sundaravej, Thailand's Cabinet agreed today to hold a referendum on the fate of the government, reports the Associated Press. "Culture Minister Somsak Kietsuranond told reporters that no date has been set for holding the public referendum and the exact topic also remains unclear," said the AP. "But the possible questions that would be asked include whether the government should resign, whether it should dissolve the parliament and what the people think about the ongoing protest, he said. "'The Cabinet just agreed in principle for now,' he said, referring to the fact that there is no law that allows for holding a referendum. The Senate would first have to pass legislation to hold one. "'Whether it can be done and when it can be done depends on when the organic law on public referendum is passed by the Senate,' said deputy government spokesman Nattawut Sai-gua. "The announcement was met with skepticism from the anti-government protesters camped in the compound of Samak's office, the Government House. "'This is just a political game the government is trying to play. The government is not fixing the problems the PAD is talking about. This protest is about making sure the government corrects its mistakes,' said Pichet Pattanachote, a former vice president of the Senate who has joined the alliance." Finally, in Canada's northern Arctic an ice shelf the size of Manhattan has broken off from Ellesmere Island, an incident that shows the effect of warmer temperatures according to scientists, reports the AP. "Derek Mueller, an Arctic ice shelf specialist at Trent University in Ontario, told The Associated Press that the 4,500-year-old Markham Ice Shelf separated in early August and the 19-square-mile shelf is now adrift in the Arctic Ocean. "'The Markham Ice Shelf was a big surprise because it suddenly disappeared. We went under cloud for a bit during our research and when the weather cleared up, all of a sudden there was no more ice shelf. It was a shocking event that underscores the rapidity of changes taking place in the Arctic,' said Mr Mueller. Mueller also said that two large sections of ice detached from the Serson Ice Shelf, shrinking that ice feature by 47 square miles ? or 60 percent ? and that the Ward Hunt Ice Shelf has also continued to break up, losing an additional eight square miles. "Mueller reported last month that seven square miles of the 170-square-mile and 130-feet-thick Ward Hunt shelf had broken off. "This comes on the heels of unusual cracks in a northern Greenland glacier, rapid melting of a southern Greenland glacier, and a near record loss for Arctic sea ice this summer. And earlier this year a 160-square mile chunk of an Antarctic ice shelf disintegrated. "'Reduced sea ice conditions and unusually high air temperatures have facilitated the ice shelf losses this summer,' said Luke Copland, director of the Laboratory for Cryospheric Research at the University of Ottawa. 'And extensive new cracks across remaining parts of the largest remaining ice shelf, the Ward Hunt, mean that it will continue to disintegrate in the coming years.'"

ralsamh@thenational.ae

Auron Mein Kahan Dum Tha

Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

UAE currency: the story behind the money in your pockets
Specs

Engine: 51.5kW electric motor

Range: 400km

Power: 134bhp

Torque: 175Nm

Price: From Dh98,800

Available: Now

Mobile phone packages comparison
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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

Test

Director: S Sashikanth

Cast: Nayanthara, Siddharth, Meera Jasmine, R Madhavan

Star rating: 2/5

The%20specs
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Election pledges on migration

CDU: "Now is the time to control the German borders and enforce strict border rejections" 

SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom" 

The specs: 2018 Ducati SuperSport S

Price, base / as tested: Dh74,900 / Dh85,900

Engine: 937cc

Transmission: Six-speed gearbox

Power: 110hp @ 9,000rpm

Torque: 93Nm @ 6,500rpm

Fuel economy, combined: 5.9L / 100km

2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

NO OTHER LAND

Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal

Stars: Basel Adra, Yuval Abraham

Rating: 3.5/5

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

SOUTH%20KOREA%20SQUAD
%3Cp%3E%0D%3Cstrong%3EGoalkeepers%3A%20%3C%2Fstrong%3EKim%20Seung-gyu%2C%20Jo%20Hyeon-woo%2C%20Song%20Bum-keun%0D%3Cbr%3E%3Cstrong%3EDefenders%3A%20%3C%2Fstrong%3EKim%20Young-gwon%2C%20Kim%20Min-jae%2C%20Jung%20Seung-hyun%2C%20Kim%20Ju-sung%2C%20Kim%20Ji-soo%2C%20Seol%20Young-woo%2C%20Kim%20Tae-hwan%2C%20Lee%20Ki-je%2C%20Kim%20Jin-su%0D%3Cbr%3E%3Cstrong%3EMidfielders%3A%20%3C%2Fstrong%3EPark%20Yong-woo%2C%20Hwang%20In-beom%2C%20Hong%20Hyun-seok%2C%20Lee%20Soon-min%2C%20Lee%20Jae-sung%2C%20Lee%20Kang-in%2C%20Son%20Heung-min%20(captain)%2C%20Jeong%20Woo-yeong%2C%20Moon%20Seon-min%2C%20Park%20Jin-seob%2C%20Yang%20Hyun-jun%0D%3Cbr%3E%3Cstrong%3EStrikers%3A%20%3C%2Fstrong%3EHwang%20Hee-chan%2C%20Cho%20Gue-sung%2C%20Oh%20Hyeon-gyu%3C%2Fp%3E%0A
The stats

Ship name: MSC Bellissima

Ship class: Meraviglia Class

Delivery date: February 27, 2019

Gross tonnage: 171,598 GT

Passenger capacity: 5,686

Crew members: 1,536

Number of cabins: 2,217

Length: 315.3 metres

Maximum speed: 22.7 knots (42kph)

How to volunteer

The UAE volunteers campaign can be reached at www.volunteers.ae , or by calling 800-VOLAE (80086523), or emailing info@volunteers.ae.

The%20specs
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Pari

Produced by: Clean Slate Films (Anushka Sharma, Karnesh Sharma) & KriArj Entertainment

Director: Prosit Roy

Starring: Anushka Sharma, Parambrata Chattopadhyay, Ritabhari Chakraborty, Rajat Kapoor, Mansi Multani

Three stars

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.”

Boulder shooting victims

• Denny Strong, 20
• Neven Stanisic, 23
• Rikki Olds, 25
• Tralona Bartkowiak, 49
• Suzanne Fountain, 59
• Teri Leiker, 51
• Eric Talley, 51
• Kevin Mahoney, 61
• Lynn Murray, 62
• Jody Waters, 65

SPECS
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