Larry Nassar sits during his sentencing hearing in Lansing, Michigan. AP Photo/Carlos Osorio
Larry Nassar sits during his sentencing hearing in Lansing, Michigan. AP Photo/Carlos Osorio

Congress passes bill stemming from sexual abuse of athletes



The US Congress followed up on the sex abuse scandal involving sports doctor Larry Nassar by passing legislation on Monday that requires governing bodies for amateur athletics to promptly report abuse claims to law enforcement.

Nassar was sentenced last week to up to 175 years in prison for sexually abusing more than 150 women and girls over 25 years.

The sentencing sparked calls from lawmakers to complete action on legislation that had received widespread support in both chambers of Congress. The House of Representatives agreed to take up the Senate version of the bill to speed up its passage. The bill passed by a vote of 406-3 and went to President Donald Trump for his signature.

Supporters of the bill, sponsored by senator Dianne Feinstein, a Californian Democrat, said a patchwork of state laws on reporting suspected sex abuse made it necessary to enact a uniform national standard that would apply to amateur sports groups such as USA Gymnastics as well as to other sports organisations that participate in interstate and international travel. The failure to report a sexual abuse allegation could lead to up to one year in prison.

Lawmakers who spoke in favour of the bill said that Nassar’s victims were failed by the people who were supposed to protect them.

“How a serial predator like Dr Nassar could have preyed on so many young girls for a long time in such a flagrant fashion is appalling,” said representative Ted Poe, a Republican from Texas.

During the House debate on the bill, Mr Poe read from the testimony that some of the gymnasts delivered at last week’s sentencing hearing and entered the statements for publication in the congressional record. High-profile Olympians who delivered statements included six-time medalist Aly Raisman, 2011 world champion and 2012 Olympic gold medalist Jordyn Wieber and two-time Olympic medalist McKayla Maroney.

“All they wanted to do was to make us proud. All they wanted to do was show the strength of women and the resolve of women,” said representaive Sheila Jackson Lee, a Democrat from Texas.

The legislation also extends the statute of limitations for victims to sue alleged perpetrators, recognising that children sometimes do not realise they were abused until years later. The statute of limitations was extended to age 28 or up to 10 years after the reasonable discovery of the violation, whichever is later.

The legislation also requires the governing bodies for amateur athletes to put in place “reasonable procedures” to limit one-on-one interactions between minors and adults, except in emergencies.

The US Centre for Safe Sport was created by the US Olympic Committee in March 2017 as a wholly independent body to investigate allegations of sexual misconduct in 47 Olympic governing bodies. The legislation builds on that effort by requiring the organisation to maintain an office that would develop training and monitoring practices to prevent the abuse of athletes.

Each of the governing bodies for Olympic athletes, such as USA Gymnastics and USA Swimming, will work with the centre to develop procedures for accepting complaints and reporting them to law enforcement.

Ms Feinstein met last year with some of the gymnasts alleging sexual abuse.

“Today is their day, and they should be proud that their decision to speak out has resulted in changes that will prevent the abuse of future generations of athletes,” she said.

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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UAE currency: the story behind the money in your pockets
The rules on fostering in the UAE

A foster couple or family must:

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  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
if you go

The flights
Emirates flies to Delhi with fares starting from around Dh760 return, while Etihad fares cost about Dh783 return. From Delhi, there are connecting flights to Lucknow. 
Where to stay
It is advisable to stay in Lucknow and make a day trip to Kannauj. A stay at the Lebua Lucknow hotel, a traditional Lucknowi mansion, is recommended. Prices start from Dh300 per night (excluding taxes). 

UAE currency: the story behind the money in your pockets
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Favourite food: Tabbouleh, greek salad and sushi

Favourite TV show: That 70s Show

Favourite animal: Ferrets, they are smart, sensitive, playful and loving

Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can

Name of first pet: Eddy, a Persian cat that showed up at our home

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Uefa Nations League Group B:

England v Spain, Saturday, 11.45pm (UAE)

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Tips for job-seekers
  • Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
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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.”

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.