The galaxy Centaurus A is the nearest to Earth that contains a supermassive black hole that could possibly power a spacecraft.
The galaxy Centaurus A is the nearest to Earth that contains a supermassive black hole that could possibly power a spacecraft.

Riding a black hole to reach the stars



"Space is big," wrote Douglas Adams in his book The Hitchhiker's Guide to the Galaxy. "You just won't believe how vastly, hugely, mind-bogglingly big it is." He was not exaggerating. Even our nearest star, Proxima Centauri, is a staggering 4.2 light years away - more than 200,000 times the distance from the Earth to the Sun. Or, if you like, the equivalent of 50 million trips to the Moon and back.

Such vast distances would seem to put the stars far beyond the reach of human explorers. Suppose we had been able to hitch a ride on Nasa's Voyager 1, the fastest interstellar space probe built to date. Voyager 1 is now heading out of the solar system at about 17 kilometres per second. At this rate it would take 74,000 years to reach Promixa Centauri. It's safe to say we wouldn't be around to enjoy the view.

So what would it take for humans to reach the stars within a lifetime? For a start, we would need a spacecraft that can rush through the cosmos at close to the speed of light. There has been no shortage of proposals: vehicles propelled by repeated blasts from hydrogen bombs, or from the annihilation of matter and antimatter. Others resemble vast sailing ships with giant reflective sails, pushed along by laser beams.

All these ambitious schemes have their shortcomings and it is doubtful they could really go the distance. Now there are two radical new possibilities on the table that might just enable us - or rather our distant descendants - to reach the stars. In August, the physicist Jia Liu at New York University outlined his design for a spacecraft powered by dark matter. Soon afterwards, the mathematicians Louis Crane and Shawn Westmoreland at Kansas State University in the United States proposed plans for a craft powered by an artificial black hole.

No one disputes that building a ship powered by black holes or dark matter would be a formidable task. Yet remarkably, there seems to be nothing in our present understanding of physics to prevent us from making either of them. What is more, Prof Crane believes that feasibility studies like his touch on questions in cosmology that other research has not considered. Take Prof Liu's dark matter starship. Most astronomers are convinced of the existence of dark matter because of the way its gravity tugs on the stars and galaxies we see with our telescopes. Such observations suggest that dark matter outweighs the universe's visible matter by a factor of about six - so a dark matter starship could have a plentiful supply of fuel.

Prof Liu was inspired by an audacious spacecraft proposed by the American physicist Robert Bussard in 1960. Bussard's "ramjet" design used magnetic fields generated by the craft to scoop up the tenuous gas of interstellar space. Instead of using conventional rockets, the craft would be propelled by forcing the hydrogen gas it collected to undergo nuclear fusion and ejecting the energetic by-products to provide thrust.

Because dark matter is so abundant throughout the universe, Dr Liu envisages a rocket that need not carry its own fuel. This immediately overcomes one of the drawbacks of many other proposed starships, whose huge fuel supply greatly adds to their weight and hampers their ability to accelerate. "A dark matter rocket would pick up its fuel en route," says Prof Liu. His plan is to drive the rocket using the energy released when dark matter particles annihilate each other. One of the frontrunners posits that dark matter is made of neutralinos, particles which have no electric charge. Neutralinos are curious in that they are their own antiparticles: two neutralinos colliding under the right circumstances will annihilate each other.

If dark matter particles do annihilate in this way, they will convert all their mass into energy. A kilogram of the stuff will give out about 1,017 joules, more than 10 billion times as much energy as a kilogram of dynamite, and plenty to propel the rocket forwards. In his calculations, Prof Liu assumes the starship weighs a mere 100 tonnes and has a collecting area of 100 square metres. "Such a rocket might be able to reach close to the speed of light within a few days," he says. So the journey time to Proxima Centauri would be slashed from tens of thousands of years to just a few.

But how do you build an engine box that does not leak dark matter? "This is the idea's Achilles' heel," says Prof Crane. Dark matter, by its very nature, interacts extremely weakly with normal matter and may pass right through it. Prof Crane is convinced that the only option is to exploit what is called Hawking radiation. In the 1970s, Stephen Hawking showed that black holes are not completely black: they can "evaporate", when all of their mass converts into a ferocious sleet of subatomic particles. It is this radiation that Prof Crane believes could be used to propel a starship across the galaxy.

Very small black holes emit far more Hawking radiation than large, stellar-mass holes, according to the equations describing black holes. Prof Crane has calculated that a black hole weighing about one million tonnes would make a perfect energy source: it is small enough to generate enough Hawking radiation to power the starship, yet large enough to survive without radiating away all its mass during a typical interstellar journey about 100 years long. "To my amazement, there is a 'sweet spot'," says Prof Crane.

To create a black hole, says Prof Crane, you need to concentrate a tremendous amount of energy into a tiny volume. He envisages a giant gamma ray laser "charged up" by solar energy. The energy would be collected by solar panels 250 kilometres across, orbiting just a few million kilometres away from the sun and soaking up sunlight for about a year. "It would be a huge, industrial effort," Prof Crane admits.

The resulting million-tonne black hole would be about the size of an atomic nucleus. The next step would be to manoeuvre it into the focal range of a parabolic mirror attached to the back of the crew quarters of a starship. Hawking radiation consists of all sorts of species of subatomic particles, but the most common will be gamma ray photons. Collimated into a parallel beam by the parabolic mirror, these would be the starship's exhaust and would push it forward.

"It might be possible to reach the Andromeda galaxy 2.5 million light years away within a human lifetime," Prof Crane says. * New Scientist Marcus Chown is the author of We Need To Talk About Kelvin

UAE currency: the story behind the money in your pockets

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.”

World Cup warm up matches

May 24 Pakistan v Afghanistan, Bristol; Sri Lanka v South Africa, Cardiff

May 25 England v Australia, Southampton; India v New Zealand, The Oval

May 26 South Africa v West Indies, Bristol; Pakistan v Bangladesh, Cardiff

May 27 Australia v Sri Lanka, Southampton; England v Afghanistan, The Oval

May 28 West Indies v New Zealand, Bristol; Bangladesh v India, Cardiff

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