Members of a caravan of migrants from Central America gather at the border fence between Mexico and the US as part of a demonstration, prior to preparations for an asylum request in America, in Tijuana, Mexico. REUTERS/Edgard Garrido
Members of a caravan of migrants from Central America gather at the border fence between Mexico and the US as part of a demonstration, prior to preparations for an asylum request in America, in TijuanShow more

US says crossing is full before migrant caravan tries to seek asylum



A group of Central Americans who journeyed in a caravan to the US border resolved to turn themselves in and ask for asylum Sunday in a direct challenge to the Trump government – only to have immigration officials announce that the San Diego crossing was already at capacity.

Nearly 200 migrants, many travelling with children, had decided to apply for protection at the nation’s busiest border crossing after many fled violence in their home countries, organisers said. The caravan got attention after President Donald Trump and members of his Cabinet called it a threat to the United States.

Shortly before the migrants were expected to arrive, US Customs and Border Protection said San Diego’s San Ysidro crossing would not immediately be able to handle more asylum seekers. It can hold about 300 people at a time, and officials had been warning that it might fill up.

“At this time, we have reached capacity at the San Ysidro port of entry for CBP officers to be able to bring additional persons travelling without appropriate entry documentation into the port of entry for processing,” Commissioner Kevin McAleenan said in a statement. “Those individuals may need to wait in Mexico as CBP officers work to process those already within our facilities.”

He said the crossing could take in additional people as space and resources become available. Despite the news, about 200 migrants still started walking toward the port.

Rodulfo Figueroa, the top Mexican immigration official in Baja California state, told caravan organisers to send in an initial group of 20 migrants to see if US border inspectors would entertain their request for asylum.

Mr Figueroa said he did not know if they would be allowed in and had not received word from US immigration officials.

Nicole Ramos, an attorney working on behalf of caravan members, expressed disbelief that US authorities cannot process more asylum seekers until its backlog eases.

“They have been well aware that a caravan is going to arrive at the border,” she said at a news conference. “The failure to prepare and failure to get sufficient agents and resources is not the fault of the most vulnerable among us. We can build a base in Iraq in under a week. We can’t process 200 refugees. I don’t believe it.”

The migrants had made their way north by foot, freight train and bus over the past month, many of them saying they feared for their lives in their home countries.

The Trump government has been tracking the caravan since it started in Mexico on March 25 near the Guatemala border. Attorney general Jeff Sessions has called the caravan “a deliberate attempt to undermine our laws and overwhelm our system.”

Government officials have railed against what they call America’s “catch and release” policies that allow people requesting asylum to be released from custody into the US while their claims make their way through the courts, a process that can last a year.

Wendi Yaneri Garcia, 36, said she was confident she would be released while her asylum case is pending because she was travelling alone with her son, 2, who has been sick.

“All I want is a place where I can work and raise my son,” she said.

She said police in her hometown of Atlantida, Honduras, jailed her for protesting construction of a hydroelectric plant and that she received death threats after being released.

Nefi Hernandez, 24, said a gang in his hometown of San Pedro Sula, Honduras, threatened to kill him and his family if he did not sell drugs. He intended to seek asylum with his wife and baby daughter, who was born on the journey through Mexico.

Jose Cazares, 31, said he faced death threats in the Honduran city of Yoro because a gang member suspected of killing the mother of his children learned one of his sons reported the crime to police.

Earlier Sunday, the migrants boarded five old school buses to attend a rally at a Pacific Ocean beach, with supporters gathering on both sides of the border fence and some climbing the barrier to sit or to wave signs.

The travellers face an uncertain future if they ask for asylum. US immigration lawyers warned them that they face possible separation from their children and detention for many months.

Homeland Security Secretary Kirstjen Nielsen said asylum claims would be resolved “efficiently and expeditiously”. But she warned that any asylum seekers making false claims could be prosecuted, as could anyone who assists the migrants in doing so.

Government officials and their allies claim that asylum fraud is growing and that many who seek it are coached on how to do so.

Asylum seekers are typically held for up to three days at the border and then turned over to US Immigration and Customs Enforcement. If they pass an asylum officer’s initial screening, they may be detained or released into the US with ankle monitors.

Maria de Los Angeles, 17, said she felt confident after speaking with an attorney that US authorities would release her while her case moves through the courts because she was travelling alone with her son, 1. She hoped to move in with a sister in San Francisco.

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2025 Fifa Club World Cup groups

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.

Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).

Group E: River Plate, Urawa, Monterrey, Inter Milan.

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.

Group G: Manchester City, Wydad, Al Ain, Juventus.

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.

The White Lotus: Season three

Creator: Mike White

Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell

Rating: 4.5/5

The specs

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Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
THE SPECS

Engine: 1.5-litre turbocharged four-cylinder

Transmission: Constant Variable (CVT)

Power: 141bhp 

Torque: 250Nm 

Price: Dh64,500

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The National's picks

4.35pm: Tilal Al Khalediah
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8.50pm: Calandogan
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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.”

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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.

Skewed figures

In the village of Mevagissey in southwest England the housing stock has doubled in the last century while the number of residents is half the historic high. The village's Neighbourhood Development Plan states that 26% of homes are holiday retreats. Prices are high, averaging around £300,000, £50,000 more than the Cornish average of £250,000. The local average wage is £15,458. 

North Pole stats

Distance covered: 160km

Temperature: -40°C

Weight of equipment: 45kg

Altitude (metres above sea level): 0

Terrain: Ice rock

South Pole stats

Distance covered: 130km

Temperature: -50°C

Weight of equipment: 50kg

Altitude (metres above sea level): 3,300

Terrain: Flat ice
 

UAE currency: the story behind the money in your pockets
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The Silence of the Girls by Pat Barker

My Sister, the Serial Killer by Oyinkan Braithwaite

Milkman by Anna Burns

Ordinary People by Diana Evans

An American Marriage by Tayari Jones

Circe by Madeline Miller

LEAGUE CUP QUARTER-FINAL DRAW

Stoke City v Tottenham

Brentford v Newcastle United

Arsenal v Manchester City

Everton v Manchester United

All ties are to be played the week commencing December 21.

Company Profile

Company name: Yeepeey

Started: Soft launch in November, 2020

Founders: Sagar Chandiramani, Jatin Sharma and Monish Chandiramani

Based: Dubai

Industry: E-grocery

Initial investment: $150,000

Future plan: Raise $1.5m and enter Saudi Arabia next year

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Starring: Jack Black, Jennifer Coolidge, Jason Momoa

Rating: 3/5

Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

The specs

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Power: 400hp

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Transmission: 9-speed automatic

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