Out of roughly 5,500 satellites in orbit, about 10 per cent are owned by the world’s various armed forces, and many others are used for both civilian and military purposes. Getty Images
Out of roughly 5,500 satellites in orbit, about 10 per cent are owned by the world’s various armed forces, and many others are used for both civilian and military purposes. Getty Images
Out of roughly 5,500 satellites in orbit, about 10 per cent are owned by the world’s various armed forces, and many others are used for both civilian and military purposes. Getty Images
Out of roughly 5,500 satellites in orbit, about 10 per cent are owned by the world’s various armed forces, and many others are used for both civilian and military purposes. Getty Images

Josep Borrell warns space will become a 'battlefield'


Sunniva Rose
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Senior EU diplomat Josep Borrell on Tuesday said that space would become a “battlefield” between great powers as the world becomes increasingly reliant on satellites for sensitive data and the war in Ukraine edges closer to its first anniversary.

“Without security in space there will be no security on earth,” said Mr Borrell, speaking at the launch of the 15th European Space Conference in Brussels, a two-day event.

Out of roughly 5,500 satellites in orbit, he said, about 10 per cent are owned by the world’s various armed forces, and many others are used for both civilian and military purposes.

Governments invested about €100 billion ($108.58 billion) in space last year, which is double the amount that the EU has sent to Ukraine in support since the war began in February 2022, Mr Borrell said.

He said this represents a 9 per cent overall increase in space investment compared to 2021 and a 16 per cent increase in the space defence sector, with a record of almost €15 billion.

“This is a wake-up call for all of us, not just for Ukrainians, not just for the Europeans, [but] for the international community and international security,” Mr Borrell said.

Mr Borrell, who is the EU’s high representative for foreign affairs and security policy, said that information provided by the EU satellite centre in Turrejon, Spain, has provided officials with 4,500 geospatial intelligence products since the start of the conflict in Ukraine.

This figure is 10 times higher than in 2002, when the centre was incorporated as an EU agency.

Mr Borrell said that the war in Ukraine made him realise how important space services were to understand how the conflict develops on the ground.

“Satellite imagery and communications have proved to be a game-changer for the Ukraine armed forces and for the entire population,” he said.

“We have to make a better use of the benefits of the space base assets for security and defence, to strengthen dual-use innovation and invest more in capacity development.”

Mr Borrell said that wind turbines in one of the EU’s 27 countries went down at the same time as a major cyberattack was launched against Viasat, a US telecoms company, on the eve of the war last year.

Mr Borrell did not identify the EU state affected. Western countries have blamed Russia for being behind the cyber attack.

Josep Borrell, the EU's high representative for foreign affairs and security policy, speaking at the 15th European Space Conference in Brussels, Belgium on Tuesday. EPA
Josep Borrell, the EU's high representative for foreign affairs and security policy, speaking at the 15th European Space Conference in Brussels, Belgium on Tuesday. EPA

“It took time to understand the link between the energy infrastructure and the satellite network that commands it, and this raises a number of strategic questions,” said Mr Borrell, who added that the EU does not know exactly how much of its critical infrastructure depends on space.

Additionally, the abrupt departure of Russian Soyuz teams from the European space port of Kourou in French Guiana a few days after Russia invaded Ukraine put the EU’s space launch capabilities in danger.

“We are becoming much more aware of dependencies on foreign supplies,” said Mr Borrell.

The diplomat reiterated his condemnation of Russia’s anti-satellite test in November 2021, which generated a large amount of debris and put other countries’ satellites at risk.

“If they could do that with one satellite, they could do it with our satellites,” he said.

“All these events highlighted the range of counter space capabilities that our competitors are developing, and they are increasingly testing to deploy, from anti-satellite weapons to spoofing and jamming satellite signals or cyberattacks,” he said.

“The Russian invasion has compounded the threats we have seen in space and yes, it exposed the vulnerability of our systems of disruption. But it also boosted our resolve to address security and defence more urgently.”

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

Normal People

Sally Rooney, Faber & Faber
 

Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

ETFs explained

Exhchange traded funds are bought and sold like shares, but operate as index-tracking funds, passively following their chosen indices, such as the S&P 500, FTSE 100 and the FTSE All World, plus a vast range of smaller exchanges and commodities, such as gold, silver, copper sugar, coffee and oil.

ETFs have zero upfront fees and annual charges as low as 0.07 per cent a year, which means you get to keep more of your returns, as actively managed funds can charge as much as 1.5 per cent a year.

There are thousands to choose from, with the five biggest providers BlackRock’s iShares range, Vanguard, State Street Global Advisors SPDR ETFs, Deutsche Bank AWM X-trackers and Invesco PowerShares.

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UAE currency: the story behind the money in your pockets
Updated: January 24, 2023, 11:57 AM`