A home continues to burn after the passage of the Palisades Fire in Pacific Palisades, California, on Wednesday. AFP
A home continues to burn after the passage of the Palisades Fire in Pacific Palisades, California, on Wednesday. AFP
A home continues to burn after the passage of the Palisades Fire in Pacific Palisades, California, on Wednesday. AFP
A home continues to burn after the passage of the Palisades Fire in Pacific Palisades, California, on Wednesday. AFP


I was pessimistic about 2025 until I read about 1816 – and now I live in hope


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January 10, 2025

The first tumultuous forces of the year have already been felt in the West, as extreme winter weather affects transport and travel, and wildfires consume homes and businesses in Los Angeles at an alarming rate.

At the tail end of last year, there was a wave of terrorism in the US and Europe. The wider backdrop includes record deaths from conflict including in Gaza, Sudan, Ukraine and elsewhere. The number of displaced people has exceeded 122 million, according to the UN High Commissioner for Refugees.

Health systems are currently creaking under the strain of a surge in flu cases, and the geopolitical reality is rapidly evolving.

Canada’s political landscape has been rocked by Justin Trudeau’s resignation, bringing to an end a decade as a prominent Prime Minister. The world is also preparing for US president-elect Donald Trump’s inauguration, with policies that he says he will put in place likely to have wide-reaching implications for the dollar, bond markets, global trade and commodity prices. This is not to mention the potential fallout from his stated desire to expand American territory to the north and south.

Meanwhile, Elon Musk and UK Prime Minister Keir Starmer are locked in a very public feud. Chinese-made electric cars are flooding the industry even as we witness a stall in demand. Generally speaking, global trade winds are not blowing with as much force as we need, and economic growth is weaker than we want.

Meta chief executive Mark Zuckerberg has aggressively shifted his stance on in-house fact-checking and content moderation on Facebook and Instagram. That adds to the increased dissemination of content produced using artificial intelligence-powered tools and programs.

Virtual reality seems set to make a comeback, even as crypto and other assets show how far we have come in terms of embracing technology. The lines of our digital experiences are blurring just as quickly as our physical ones.

Where does this leave us in the early days of 2025? All in all, without much in the way of positive vibes.

It feels as though many leading global figures are giving up the idea of a unified fight for a more equitable and prosperous future, and surrendering to what they see as inevitable forces of division and disunity.

In which case, how bad could the year end up being? Would it be comparable to 2020 when the world was hit by the Covid-19 pandemic? What about the years when world wars resulted in horrific losses? Would we be justified in taking such a pessimistic stance? How would the prospect of doom influence our decision-making?

It is true that the signs are ominous, even if it might not become the very worst of calendar years. I have never felt more pessimistic about our prospects for prosperity and well-being. But as often happens when my worldview takes a bitter turn, I delve into history for perspective. Thankfully, I can always find an illuminating benchmark and I take comfort that 2025 will, in all likelihood, not be as bad as 1816.

A painting titled Weymouth Bay by John Constable captures what a dreary world it was in 1816, in the aftermath of a volcanic eruption. Getty
A painting titled Weymouth Bay by John Constable captures what a dreary world it was in 1816, in the aftermath of a volcanic eruption. Getty

It was known as the “Year Without a Summer” in the northern hemisphere after a volcanic eruption in Indonesia in 1815 triggered the largest explosion of the past 10,000 years. A volume of gasses, dust and rock the equivalent of one million Royal Albert Halls was sent into the atmosphere. This led to famine, drought and poverty in many parts of the world. The weather was bleak and gloomy for nearly three years.

Yet the freeze was also a time of peak creativity. Mary Shelley was inspired to write her classic novel Frankenstein. The camera, the bicycle and the stethoscope were all invented during that time.

Whether my anxiety is truly backed up by fundamentals or not, there is always a more pressing risk that negative sentiment is enough to reshape our reality because perception is truth these days.

There is a responsibility to not be drawn by the allure of darkness, and it must be acknowledged how tempting it can be to see the world in such stark terms. Psychologically, it feels empowering to succumb to a bad news vibe. It can seem like an emotional hedge against suffering. Yet it also puts humans on a limited path because we aren’t seeing the whole picture, missing out on opportunity and personal growth.

One truth is that we are all, each of us and collectively, so much more resilient in 2025 than we were five or 10 years ago. It has been building up in the bank through the trials and tribulations we have been subjected to. So now is the time to spend it all.

Let us splurge in the face of mounting worries and not be turned or discouraged from doing the important work that needs to be done today, to deliver on the promise of a better future. We might find that this course ends up making 2025 one of our best.

McLaren GT specs

Engine: 4-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 630Nm

Price: Dh875,000

On sale: now

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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Where to donate in the UAE

The Emirates Charity Portal

You can donate to several registered charities through a “donation catalogue”. The use of the donation is quite specific, such as buying a fan for a poor family in Niger for Dh130.

The General Authority of Islamic Affairs & Endowments

The site has an e-donation service accepting debit card, credit card or e-Dirham, an electronic payment tool developed by the Ministry of Finance and First Abu Dhabi Bank.

Al Noor Special Needs Centre

You can donate online or order Smiles n’ Stuff products handcrafted by Al Noor students. The centre publishes a wish list of extras needed, starting at Dh500.

Beit Al Khair Society

Beit Al Khair Society has the motto “From – and to – the UAE,” with donations going towards the neediest in the country. Its website has a list of physical donation sites, but people can also contribute money by SMS, bank transfer and through the hotline 800-22554.

Dar Al Ber Society

Dar Al Ber Society, which has charity projects in 39 countries, accept cash payments, money transfers or SMS donations. Its donation hotline is 800-79.

Dubai Cares

Dubai Cares provides several options for individuals and companies to donate, including online, through banks, at retail outlets, via phone and by purchasing Dubai Cares branded merchandise. It is currently running a campaign called Bookings 2030, which allows people to help change the future of six underprivileged children and young people.

Emirates Airline Foundation

Those who travel on Emirates have undoubtedly seen the little donation envelopes in the seat pockets. But the foundation also accepts donations online and in the form of Skywards Miles. Donated miles are used to sponsor travel for doctors, surgeons, engineers and other professionals volunteering on humanitarian missions around the world.

Emirates Red Crescent

On the Emirates Red Crescent website you can choose between 35 different purposes for your donation, such as providing food for fasters, supporting debtors and contributing to a refugee women fund. It also has a list of bank accounts for each donation type.

Gulf for Good

Gulf for Good raises funds for partner charity projects through challenges, like climbing Kilimanjaro and cycling through Thailand. This year’s projects are in partnership with Street Child Nepal, Larchfield Kids, the Foundation for African Empowerment and SOS Children's Villages. Since 2001, the organisation has raised more than $3.5 million (Dh12.8m) in support of over 50 children’s charities.

Noor Dubai Foundation

Sheikh Mohammed bin Rashid Al Maktoum launched the Noor Dubai Foundation a decade ago with the aim of eliminating all forms of preventable blindness globally. You can donate Dh50 to support mobile eye camps by texting the word “Noor” to 4565 (Etisalat) or 4849 (du).

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Updated: January 10, 2025, 7:00 AM