You never forget your first bomb. On April 12, 1989, the solid whump of a 680-kilogram car bomb set off by the Irish Republican Army was enough to stop me and my classmates at St Peter’s Boys’ School dead in our tracks.
Our heads snapped right, watching the growing cloud of smoke rising from Charlotte Street, the site of our little town’s fortified police barracks. That blast – which I remember more as a feeling than a sound – killed Joanne Reilly, 20, who had been working in Heately & Morgan’s hardware shop beside the station belonging to the RUC, the local police force. It also injured nine police and 31 civilians.
Less than a kilometre from this rending confluence of history, politics and ordnance, just past the town square and out in Carlingford Lough, was – and is – the Border, which turns 100 next week.
Let’s give it a capital B - it deserves that much. Forests have been felled to print all the books written about how Ireland came to be partitioned on May 3, 1921 – six counties remaining in the UK as Northern Ireland, and the other 26 becoming an independent Irish Free State, and later, the Republic. You don’t need me to tell you that old story again.
For me, the Border – that snaking, 500km frontier that cuts across roads, bridges, fields, rivers, farms and even houses – was my country’s turbulent history made manifest. But it manifests in different ways. When I was young, the Border could be invisible. It started somewhere out there in the lough, although there is still some “jurisdictional ambiguity” as to exactly where. It ran up the Newry River just past Narrow Water, the scene of another IRA bombing in 1979, before taking a hard left and splitting a country road at the wee bridge on the bend before Cornamucklagh.
But there were enough little reminders that the Border was real. Sitting on the shore one afternoon as a teenager, I was surrounded by a unit of black-clad Royal Marines who piled on to the beach from the British patrol vessel lurking out in the lough. Despite Boris Johnson’s breezy, Brexit-related claim in 2018 that our Border was essentially just like the one between Camden and Islington, I doubt many Londoners are often face to face with combat troops.
Years later, I was lucky enough to be working as a local journalist on the Border as the changes wrought by the Good Friday Agreement came to pass. I was there in July 2000 when British army engineers removed their paint-splattered fortification from the centre of Crossmaglen in South Armagh – a region where the Border could be divined from a twisting line of bases and hilltop watchtowers, all bristling with surveillance technology.
The bombs and soldiers and shootings and hunger strikes and hooded bodies left in lonely ditches are largely gone now, and, until recently, the Border had been quietly disappearing into irrelevance as the Agreement – it, too, takes a capital letter – endured and common EU membership smoothed out the remaining differences.
When I was young, the Border could be invisible
But Brexit has done quite the job of reanimating our spectral Border, piling more political, economic and constitutional complexity on to a conflict the 1998 treaty had parked for another generation to figure out.
In Clare Dwyer Hogg’s 2018 short film Hard Border, Belfast-born actor Stephen Rea described how 1998 “and all the years in between” helped make the frontier disappear: “There but not there, a line of imagination that needed imagination to make it exist while unseen.”
Frontiers require imagination. You are standing on the same earth, but people have names and identities and states to partition it. This gives borders, especially disputed ones, the psychic strangeness of boundary places.
This left its impression on me, like a thumbprint in my mind. I’ve peeked through the rusty barriers pulled across the beach in Varosha that divides Turks from Greeks in Cyprus, and felt right at home. Jerusalem and Hebron were studies in razor-sharp, micro-managed partition – down to every house, plot of land and street corner.
I wish I could say that these outside experiences of partition had left me more phlegmatic about Ireland being divided. But, growing up where and how I did, the Border still instinctively strikes me as an aberration in the island home of my imagination. It took me a long time to appreciate that for my unionist neighbours, the anomaly in Ireland is the Republic that broke away from the mothership.
Will partition in Ireland come to an end? I don’t know. Perhaps, if enough of us want it to and the time is right, is my best answer. What will endure are the memories of 30-odd years of violence. Certainly, the ‘89 bombing has followed me down the years. On December 10, 2016, I was in Istanbul and the crump of a double explosion in nearby Besiktas made me jack-knife out of bed, my heart hammering much as it did 27 years before.
Even for those who didn't experience the Troubles directly, the violence has a long, malignant half-life. A 2017 study from Queen's University Belfast found that "the impact of the conflict remains and affects communities and generations".
And now, a new generation is getting its first taste of violence. Recent rioting by working-class loyalist youths in Belfast, Derry and elsewhere – fuelled by a mix of deprivation, Brexit-related anxiety, a controversial IRA funeral plus paramilitary manipulation – shows how combustible Northern Ireland still is.
The centenary of Ireland’s division will come and go. A BBC poll on April 21 found that just 40 per cent of people in Northern Ireland thought the state’s foundation worth celebrating. Unionist politicians will dutifully do their best to mark it, with some underwhelming input from a British government with bigger fish to fry. The centenary will be studiously ignored by Irish nationalists, many of whom still feel the “national question” remains unresolved.
So be it. What comes to my mind is the cries of the curlews flying over Carlingford Lough. They take wing against the backdrop of the Mournes and Cooleys – solemn mountains that will be there long after we, our maps and our borders fade from history, as if we were never there.
Declan McVeigh is a sub-editor at The National
Other acts on the Jazz Garden bill
Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.
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Match info
Manchester United 1
Fred (18')
Wolves 1
Moutinho (53')
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Under 19 World Cup
Group A: India, Japan, New Zealand, Sri Lanka
Group B: Australia, England, Nigeria, West Indies
Group C: Bangladesh, Pakistan, Scotland, Zimbabwe
Group D: Afghanistan, Canada, South Africa, UAE
UAE fixtures
Saturday, January 18, v Canada
Wednesday, January 22, v Afghanistan
Saturday, January 25, v South Africa
What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
Another way to earn air miles
In addition to the Emirates and Etihad programmes, there is the Air Miles Middle East card, which offers members the ability to choose any airline, has no black-out dates and no restrictions on seat availability. Air Miles is linked up to HSBC credit cards and can also be earned through retail partners such as Spinneys, Sharaf DG and The Toy Store.
An Emirates Dubai-London round-trip ticket costs 180,000 miles on the Air Miles website. But customers earn these ‘miles’ at a much faster rate than airline miles. Adidas offers two air miles per Dh1 spent. Air Miles has partnerships with websites as well, so booking.com and agoda.com offer three miles per Dh1 spent.
“If you use your HSBC credit card when shopping at our partners, you are able to earn Air Miles twice which will mean you can get that flight reward faster and for less spend,” says Paul Lacey, the managing director for Europe, Middle East and India for Aimia, which owns and operates Air Miles Middle East.
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
White hydrogen: Naturally occurring hydrogen
Chromite: Hard, metallic mineral containing iron oxide and chromium oxide
Ultramafic rocks: Dark-coloured rocks rich in magnesium or iron with very low silica content
Ophiolite: A section of the earth’s crust, which is oceanic in nature that has since been uplifted and exposed on land
Olivine: A commonly occurring magnesium iron silicate mineral that derives its name for its olive-green yellow-green colour
How it works
Each player begins with one of the great empires of history, from Julius Caesar's Rome to Ramses of Egypt, spread over Europe and the Middle East.
Round by round, the player expands their empire. The more land they have, the more money they can take from their coffers for each go.
As unruled land and soldiers are acquired, players must feed them. When a player comes up against land held by another army, they can choose to battle for supremacy.
A dice-based battle system is used and players can get the edge on their enemy with by deploying a renowned hero on the battlefield.
Players that lose battles and land will find their coffers dwindle and troops go hungry. The end goal? Global domination of course.
Country-size land deals
US interest in purchasing territory is not as outlandish as it sounds. Here's a look at some big land transactions between nations:
Louisiana Purchase
If Donald Trump is one who aims to broker "a deal of the century", then this was the "deal of the 19th Century". In 1803, the US nearly doubled in size when it bought 2,140,000 square kilometres from France for $15 million.
Florida Purchase Treaty
The US courted Spain for Florida for years. Spain eventually realised its burden in holding on to the territory and in 1819 effectively ceded it to America in a wider border treaty.
Alaska purchase
America's spending spree continued in 1867 when it acquired 1,518,800 km2 of Alaskan land from Russia for $7.2m. Critics panned the government for buying "useless land".
The Philippines
At the end of the Spanish-American War, a provision in the 1898 Treaty of Paris saw Spain surrender the Philippines for a payment of $20 million.
US Virgin Islands
It's not like a US president has never reached a deal with Denmark before. In 1917 the US purchased the Danish West Indies for $25m and renamed them the US Virgin Islands.
Gwadar
The most recent sovereign land purchase was in 1958 when Pakistan bought the southwestern port of Gwadar from Oman for 5.5bn Pakistan rupees.
Zayed Sustainability Prize
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.”
Company profile
Name: Thndr
Started: October 2020
Founders: Ahmad Hammouda and Seif Amr
Based: Cairo, Egypt
Sector: FinTech
Initial investment: pre-seed of $800,000
Funding stage: series A; $20 million
Investors: Tiger Global, Beco Capital, Prosus Ventures, Y Combinator, Global Ventures, Abdul Latif Jameel, Endure Capital, 4DX Ventures, Plus VC, Rabacap and MSA Capital
Leaderboard
64 - Gavin Green (MAL), Graeme McDowell (NIR)
65 - Henrik Stenson (SWE), Sebastian Soderberg (SWE), Adri Arnaus (ESP), Victor Perez (FRA), Jhonattan Vegas (VEN)
66 - Phil Mickelson (USA), Tom Lewis (ENG), Andy Sullivan (ENG), Ross Fisher (ENG), Aaron Rai (ENG), Ryan Fox (NZL)
67 - Dustin Johnson (USA), Sebastian Garcia Rodriguez (ESP), Lucas Herbert (AUS), Francesco Laporta (ITA), Joost Luiten (NED), Soren Kjeldsen (DEN), Marcus Kinhult (SWE)
68 - Alexander Bjork (SWE), Matthieu Pavon (FRA), Adrian Meronk (POL), David Howell (ENG), Christiaan Bezuidenhout (RSA), Fabrizio Zanotti (PAR), Sean Crocker (USA), Scott Hend (AUS), Justin Harding (RSA), Jazz Janewattananond (THA), Shubhankar Sharma (IND), Renato Paratore (ITA)
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg