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Heavily outnumbered and desperate for arms, Ukraine will be rushing equipment currently on display at Saudi Arabia’s World Defence Show back to the front lines, an arms exporter told The National on Monday.
“Our booth was opened months ago, so we were not able to change anything, and after the show is over, all the equipment you see here, the armoured vehicles and the other stuff, will immediately be sent back to Ukraine for the needs of our men,” said Maxim Potimkov, regional director of Spets Technoexport, a Ukrainian state-owned foreign trade enterprise.
Ukraine’s armed forces have struggled to hold back the Russian army, despite inflicting enormous losses, as they have poured over the country's borders since February 24.
Russia has sent about 3,000 tanks into the fight, more than three times the number of main battle tanks available to Ukraine — although Moscow could field far more if initial setbacks continue. Russia has the largest fleet of tanks in the world, numbering more than 12,000 by some estimates, although the operational readiness of many of these tanks is uncertain.
Sending such large amounts of armour — including thousands of supporting wheeled and tracked armoured personnel carriers into Ukraine has revealed an Achilles’ heel for the Russians. Invading troops have struggled to keep high maintenance, gas-guzzling vehicles in action, over 250km into Ukrainian territory.
Russian tanks have also proven vulnerable to modern anti-tank weapons, including thousands of advanced Javelin anti-tank missiles supplied by the US, and thousands of New Generation Light Anti-Tank Weapons supplied by the UK and Sweden.
But despite plentiful infantry anti-tank weapons, Ukraine is still in need of armoured vehicles.
Ukrainian forces have had to move around the country quickly, defending key areas from sudden Russian helicopter-borne infantry attacks, and rushing to fill gaps in front lines across large expanses of terrain.
This means armoured vehicles displayed by the Ukrainians at the arms fair, including the Kozark 7 and Kozark 2M tactical vehicles, could be invaluable in thwarting attacks, especially in the muddy terrain that characterises the Ukrainian spring thaw, the famous Rasputitsa that delayed countless German armoured attacks during the Second World War.
Pathaan
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Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
UAE currency: the story behind the money in your pockets
'Nope'
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MATCH INFO
Real Madrid 2
Vinicius Junior (71') Mariano (90 2')
Barcelona 0
RESULTS
1.45pm: Maiden Dh75,000 1,200m
Winner: Lady Parma, Richard Mullen (jockey), Satish Seemar (trainer).
2.15pm: Maiden Dh75,000 1,200m
Winner: Tabernas, Connor Beasley, Ahmed bin Harmash.
2.45pm: Handicap Dh95,000 1,200m
Winner: Night Castle, Connor Beasley, Satish Seemar.
3.15pm: Handicap Dh120,000 1,400m
Winner: Mystique Moon, Sam Hitchcott, Doug Watson.
3.45pm: Handicap Dh80,000 1,400m
Winner: Mutawakked, Szczepan Mazur, Musabah Al Muhairi.
4.15pm: Handicap Dh90,000 1,800m
Winner: Tafaakhor, Sandro Paiva, Ali Rashid Al Raihe.
4.45pm: Handicap Dh80,000 1,950m
Winner: Cranesbill, Fabrice Veron, Erwan Charpy.
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.