Global terrorism report: right-wing attacks surge as threat in Middle East falls


Patrick Ryan
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The number of right-wing attacks surged during the past five years with more than 14,000 people around the world dying in terrorist incidents last year, a new study reveals.

The same report also said there would be an increase in riots and other violent clashes as the world begins to recover from the Covid-19 pandemic.

These were the findings of the Global Terrorism Index 2020, which was produced by the Institute of Economics and Peace, a think tank.

As we enter a new decade we are seeing new threats of terrorism emerge

“As we enter a new decade we are seeing new threats of terrorism emerge,” said Steve Killelea, founder and executive chairman of the institute.

“The rise of the far-right in the West and the deteriorations in the Sahel are prime examples. Additionally, as seen in the recent attacks in France and Austria, many smaller groups sympathetic to [ISIS] philosophies are still active.

“To break these influences three major initiatives are needed – to break their media coverage and online social networks, disrupt their funding and lessen the number of sympathisers.”

More than 6,700 terrorist attacks were carried out worldwide last year, resulting in almost 14,000 deaths.

Rise of the right

The number of right-wing terrorist attacks grew by 250 per cent between 2014 and 2019, according to the report, and the number of deaths rose by 709 per cent.

This was despite the number of overall deaths from terrorist attacks decreasing by 59 per cent from 2014 to 2019.

Almost 90 deaths were from far-right terrorist attacks with 51 of those being the victims of the Christchurch mosque shootings in New Zealand.

According to the report, more than 35 right-wing terrorist attacks took place over the past five years in the West.

Although the number of right-wing terrorist attacks remains relatively low compared with all forms of terrorism, the report said the sharp increase was alarming.

A boy places flowers at a memorial as a tribute to victims of the Christchurch mosque attacks in New Zealand in 2019. AFP
A boy places flowers at a memorial as a tribute to victims of the Christchurch mosque attacks in New Zealand in 2019. AFP

The study also suggested that far-right attacks were much more likely to be carried out by individuals with no affiliations to specific terrorist groups.

Nearly 60 per cent of all far-right attacks between 1970 and 2019 were by unaffiliated individuals, the report stated, compared with just 10 per cent of those from the far-left or separatist terrorist groups.

The United States is far from united

The study said there were indications that political violence would become more acceptable as society becomes increasingly polarised.

In the US, where the majority of right-wing attacks took place, almost 40 per cent of Democratic and Republican respondents felt political violence was at least partially justified.

There were 53 terrorist attacks in the US last year, which caused the deaths of 49 people.

This was up from less than 10 per cent just two and half years ago.

There were almost 70 violent demonstrations recorded in the US and Europe last year, compared with 19 in 2011.

Mena region terrorist threat drops

The Middle East and North Africa region had the biggest improvement in this year’s report, with 18 countries experiencing a reduced level of terrorism.

This was the fourth year in a row the region has improved, with Yemen being the only nation that experienced a deterioration in the ranking.

Deaths from terrorist attacks in the Mena region accounted for 40 per cent of the global total since 2002, but accounted for 13 per cent of worldwide attacks last year.

That trend was reversed in Yemen, where terrorist attacks increased by 61 per cent last year with deaths rising by 31 per cent.

There have been 4,000 terrorist attacks in Yemen since 2002, resulting in 6,000 deaths.

Most of these attacks were attributed to Houthi extremists (47 per cent), followed by Al Qaeda in the Arabian Peninsula (28 per cent).

ISIS branches in Yemen were responsible for 77 attacks since 2015, which resulted in 600 deaths.

Steve Killelea said right-wing terror attacks are on the rise in the West. Courtesy: IEP
Steve Killelea said right-wing terror attacks are on the rise in the West. Courtesy: IEP

The effect of Covid-19 on terrorism

There was a global decrease in the number of violent incidents since Covid-19 was declared a pandemic by the World Health Organisation in March.

However, the fallout from the coronavirus is likely to have serious implications once the world begins to recover.

“Between 2011 and 2019, riots and violent demonstrations in the West increased by 277 per cent,” said Thomas Morgan, senior research fellow at the Institute of Economics and Peace.

“There are serious concerns that the deteriorating economic conditions will lead to more people becoming alienated and susceptible to extremist propaganda.”

The report said that the pandemic was likely to create new and distinct counter-terrorism challenges.

“It is important that counter-terrorism initiatives are not curtailed because of decreases in government expenditure due to the economic downturn,” its authors said.

“Reductions in international assistance for counter-terrorism operations in Mena and sub-Saharan Africa could prove to be counter-productive.”

Throughout 2019, there were almost 1,600 terrorist attacks in the Mena region, which led to almost 1,900 deaths.

UAE is among the countries least affected by terrorism

The UAE dropped 34 places on the index and is now rated, with 28 other nations, as a country with zero threat from terror attacks.

Mr Killelea said the robust security measures the UAE employs were a major factor in the country being perceived as having no risk from terrorists.

“The UAE got a perfect score when it came to being secure from terrorist attacks,” Mr Killelea said.

“There have been zero terrorist attacks there in the past five years and the local population tends to be wealthy.

The 29 countries with no threat of terror attacks

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.”

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COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million