As the shock of last week's attack subsides, S Subramanian catalogues the tangled sentiments washing over Mumbai, a city long fed and grown on hope where tastes now tend to hard-boiled cynicism.
Decoding the mood of Mumbai's streets in the few days since the shattering terror attacks has been like trying to identify the ingredients of a dish through an exercise of taste. Every so often, your senses cut through the starch and light up in recognition. Here's stoicism, in the dinky tailoring shop that lost one of its owners to an AK-47 bullet and has already reopened. Here's anger, in the interviews of Mumbaikars on television, and in the desire of a member of a candlelight vigil to have a particular politician "slapped by a hundred people." Here's despair, this woman outside St. George's Hospital, who is still scanning handwritten lists of the injured and the dead. Here's pity, the hospital attendant sitting on his wooden stool, watching her.
There was even a trace of grim, black humour to be found. We learned from police reconstructions that the terrorists, on their first night in town, planned to be at the Chhatrapati Shivaji Terminus far earlier, and that they were delayed by a traffic jam near Regal Cinema - Mumbai's last-ditch attempt to save itself through its own chaotic nature, I thought. Three days later, around midnight, I was walking the lanes near the Taj Mahal hotel when I noticed a huddle of people crouched around something outside the iconic, scarred Café Leopold. Even from a distance, I could see the cell phone cameras in action. The center of their attention turned out to be a bullet hole in the road's median railing - but without the bullet, so just a hole really, indistinguishable from the thousands of other holes in median railings around the city. Yet here were these people, residents of the greatest film factory on the planet, hugely arrested by a hole.
To the palate, though, these felt stale. They've all been encountered in Mumbai before. Stoicism, for instance: the city has been asked so many times to spring back - from riots, from bombs, from floods, from building collapses - that its very resilience has become a cliché. This time around, Mumbaikars rebelled vociferously against that image, pointing out that they got up the next morning and went back to work simply because there was little else to do. (The media repeated this notion in unison with such frequency that it too, very rapidly, became another cliché.) But something tasted new, something in the conversations that taxi drivers would start of their own accord, in the responses of people to the images on television, in the interviews of victims that filled newspaper pages end to end. It took me a while to realize that in Mumbai, a city that has for long fed and grown on hope, there is suddenly a new appetite for hard-boiled cynicism.
Over the last week, I have seen this cynicism aimed at the Indian political machinery and at its intelligence apparatus; I have talked to cynics who sneered at citizen solidarity movements and at peace marches; I have watched, on television, cynical tirades against Pakistani declarations of innocence and against international calls for Indian restraint. And by a process of alchemy, because I am involved in the mankind around me, I too have turned weary of fine words that add up to empty sentences, and then felt disturbed by that weariness. This alchemy, multiplied across the many millions of otherwise peace-mongering Indians, may turn out to be the most vital result of the carnage inflicted upon Mumbai. (I would have written "the most dangerous result," but I'm not sure that is true any more.)
Given the history, the cynicism is difficult to argue with. These attacks have been blithely called India's equivalent of September 11, a comparison drawn solely on the spectacular, media-savvy character of both events. But really, the analogy would only fit if America had also seen bombings in Detroit, Chicago, Memphis and San Francisco earlier in 2001; attacks, horrific and aborted respectively, on the New York City subway in 1999 and on the Capitol in 1994; and Canadian-backed cross-border terrorism in Alaska ever since Ronald Reagan entered the White House. September 11 was a one-off, but for India the Mumbai attacks were the newest allocation in a long-running disbursement of terror.
Twice this year, I have received calls or text messages asking if I was safe and far from the site of a fresh attack. On three other occasions, when bombs went off in cities where I knew people, I reached for my own phone. During a series of blasts in July, my father was in Bangalore on work, and last week, my sister was alone in her apartment in Mumbai. For many Indians, thanks either to political incompetence or irresolution, that phone call of reassurance has become something it should never be: routine, a part of life. In that kind of soil, cynicism blooms with ferocious energy - perhaps that is the only resemblance between India's 26/11 and America's 9/11 - and it could bear uncertain fruit.
Indeed, one distinct possibility is simply no fruit at all. It would be only too familiar for the government - whether this one or the next, since general elections are due in early 2009 - to mumble promises and do nothing. That too has become routine in India. In the state of Maharashtra, of which Mumbai is the capital, the chief minister and home minister have been forced to quit, as has the central government's Minister of Home Affairs, unusual moves in a country where admissions of political failure are rare. But they will be replaced not according to the dictates of who can do the job but according to the demands of political arithmetic, party fealties and coalition dynamics. The currently galvanized public mood will wane in intensity as people return to the difficult-enough task of making a living. "We're Indians, we forget," the owner of a photo studio right next to the Taj told me. Just outside her window, the magnificent hotel was still being swept for bodies.
Forgetfulness is a curse, but so is the other extreme: foolish wars, punishing clamps on civil liberties and the demonization of the Indian Muslim. An electorate that persists in its anger with the ruling Congress Party could push the Bharatiya Janata Party, with its soft spot for Hindu fundamentalism, into power next year; it could also give the Congress a second chance, but only if it promises to act tougher. So the government may feels tempted to bring back a harsher version of the Prevention of Terrorism Act, India's variation of the American Patriot Act that was authored by the BJP and then rescinded by the Congress a few years ago. It may escalate India's military presence on its Line of Control with Pakistan, without any exact strategic objective about what to do with all those extra soldiers. It may decide that the alternative to being supinely inactive and ill-prepared is being provocative and bellicose, particularly if it seems to satisfy a section of the voting public; no Indian political analyst has ever gone wrong by overestimating the parties' willingness to pander.
If the present mood is any indicator of future temperament, I suspect that these actions may find some popular purchase. I know I would be torn between being intellectually appalled and unconvinced by these measures, and viscerally content that something was being done. Perhaps I would rationalize it by telling myself that, in such cases, if erring on the side of caution will protect a few more Indians from bombs in the market, it all becomes worthwhile.
Somewhere in the middle, though, is the Goldilocks alternative, the one that seems to be just right - and also, clearly, just to the right of where we are today. But its precise contours are a mystery, and I cannot even invoke the American Supreme Court justice Potter Stewart, who made a similar observation of obscenity, and declare: "We'll know it when we see it." The sorry truth, increasingly, seems to be that we will never know how much preparation is enough, although we know from accumulating experience how much is too little.
It would sound too much like the wishful nature of my formerly optimistic self to say, vaguely, that things could yet improve. The next government could hammer out anti-terror legislation - perhaps even a federal agency - that is genuinely effective but not draconian. The Indian public could, somehow, continue to hold on to its present, unusual mood, desiring accountability and results, not merely in the drive against terror but in the larger political sphere. American could join India in imposing some meaningful pressure on Pakistan, to eliminate the schools of terror that have become the world's worst-kept secret. The next political appointments could be made on the basis of experience and resolve, instead of bargains and favors.
It could all happen; I just don't see it happening. Pardon the cynicism.
S Subramanian, a regular contributor to The Review, is a journalist based in New Delhi.
A State of Passion
Directors: Carol Mansour and Muna Khalidi
Stars: Dr Ghassan Abu-Sittah
Rating: 4/5
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Vidaamuyarchi
Director: Magizh Thirumeni
Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra
Rating: 4/5
Background: Chemical Weapons
How do Sim card scams work?
Sim swap frauds are a form of identity theft.
They involve criminals conning mobile phone operators into issuing them with replacement Sim cards by claiming to be the victim, often pretending their phone has been lost or stolen in order to secure a new Sim.
They use the victim's personal details - obtained through criminal methods - to convince such companies of their identity.
The criminal can then access any online service that requires security codes to be sent to a user's mobile phone, such as banking services.
Sholto Byrnes on Myanmar politics
Dubai works towards better air quality by 2021
Dubai is on a mission to record good air quality for 90 per cent of the year – up from 86 per cent annually today – by 2021.
The municipality plans to have seven mobile air-monitoring stations by 2020 to capture more accurate data in hourly and daily trends of pollution.
These will be on the Palm Jumeirah, Al Qusais, Muhaisnah, Rashidiyah, Al Wasl, Al Quoz and Dubai Investment Park.
“It will allow real-time responding for emergency cases,” said Khaldoon Al Daraji, first environment safety officer at the municipality.
“We’re in a good position except for the cases that are out of our hands, such as sandstorms.
“Sandstorms are our main concern because the UAE is just a receiver.
“The hotspots are Iran, Saudi Arabia and southern Iraq, but we’re working hard with the region to reduce the cycle of sandstorm generation.”
Mr Al Daraji said monitoring as it stood covered 47 per cent of Dubai.
There are 12 fixed stations in the emirate, but Dubai also receives information from monitors belonging to other entities.
“There are 25 stations in total,” Mr Al Daraji said.
“We added new technology and equipment used for the first time for the detection of heavy metals.
“A hundred parameters can be detected but we want to expand it to make sure that the data captured can allow a baseline study in some areas to ensure they are well positioned.”
HAJJAN
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The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
5 of the most-popular Airbnb locations in Dubai
Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:
• Dubai Marina
The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.
Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739
Two bedroom: Dh627 to Dh960
Three bedroom: Dh721 to Dh1,104
• Downtown
Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure. “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."
Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154
• City Walk
The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena. “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”
Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809
Two bedroom: Dh682 to Dh1,052
Three bedroom: Dh784 to Dh1,210
• Jumeirah Lake Towers
Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.
Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629
Two bedroom: Dh549 to Dh818
Three bedroom: Dh631 to Dh941
• Palm Jumeirah
Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.
Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770
Two bedroom: Dh654 to Dh1,002
Three bedroom: Dh752 to Dh1,152
World Test Championship table
1 India 71 per cent
2 New Zealand 70 per cent
3 Australia 69.2 per cent
4 England 64.1 per cent
5 Pakistan 43.3 per cent
6 West Indies 33.3 per cent
7 South Africa 30 per cent
8 Sri Lanka 16.7 per cent
9 Bangladesh 0
COMPANY%20PROFILE
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The%20specs
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Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
UAE - India ties
The UAE is India’s third-largest trade partner after the US and China
Annual bilateral trade between India and the UAE has crossed US$ 60 billion
The UAE is the fourth-largest exporter of crude oil for India
Indians comprise the largest community with 3.3 million residents in the UAE
Indian Prime Minister Narendra Modi first visited the UAE in August 2015
His visit on August 23-24 will be the third in four years
Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, visited India in February 2016
Sheikh Mohamed was the chief guest at India’s Republic Day celebrations in January 2017
Modi will visit Bahrain on August 24-25
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.”
Killing of Qassem Suleimani
Stage results
1. Julian Alaphilippe (FRA) Deceuninck-QuickStep 4:39:05
2. Michael Matthews (AUS) Team BikeExchange 0:00:08
3. Primoz Roglic (SLV) Jumbo-Visma same time
4. Jack Haig (AUS) Bahrain Victorious s.t
5. Wilco Kelderman (NED) Bora-Hansgrohe s.t
6. Tadej Pogacar (SLV) UAE Team Emirates s.t
7. David Gaudu (FRA) Groupama-FDJ s.t
8. Sergio Higuita Garcia (COL) EF Education-Nippo s.t
9. Bauke Mollema (NED) Trek-Segafredo s.t
10. Geraint Thomas (GBR) Ineos Grenadiers s.t
MATCH INFO
Uefa Champions League quarter-final second leg:
Juventus 1 Ajax 2
Ajax advance 3-2 on aggregate
TICKETS
Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.
%E2%80%98FSO%20Safer%E2%80%99%20-%20a%20ticking%20bomb
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Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
In numbers
1,000 tonnes of waste collected daily:
- 800 tonnes converted into alternative fuel
- 150 tonnes to landfill
- 50 tonnes sold as scrap metal
800 tonnes of RDF replaces 500 tonnes of coal
Two conveyor lines treat more than 350,000 tonnes of waste per year
25 staff on site
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
MATCH INFO
FA Cup final
Chelsea 1
Hazard (22' pen)
Manchester United 0
Man of the match: Eden Hazard (Chelsea)
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
Turning%20waste%20into%20fuel
%3Cp%3EAverage%20amount%20of%20biofuel%20produced%20at%20DIC%20factory%20every%20month%3A%20%3Cstrong%3EApproximately%20106%2C000%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EAmount%20of%20biofuel%20produced%20from%201%20litre%20of%20used%20cooking%20oil%3A%20%3Cstrong%3E920ml%20(92%25)%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ETime%20required%20for%20one%20full%20cycle%20of%20production%20from%20used%20cooking%20oil%20to%20biofuel%3A%20%3Cstrong%3EOne%20day%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EEnergy%20requirements%20for%20one%20cycle%20of%20production%20from%201%2C000%20litres%20of%20used%20cooking%20oil%3A%3Cbr%3E%3Cstrong%3E%E2%96%AA%20Electricity%20-%201.1904%20units%3Cbr%3E%E2%96%AA%20Water-%2031%20litres%3Cbr%3E%E2%96%AA%20Diesel%20%E2%80%93%2026.275%20litres%3C%2Fstrong%3E%3C%2Fp%3E%0A
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Fasset%0D%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2019%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Mohammad%20Raafi%20Hossain%2C%20Daniel%20Ahmed%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%0D%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%0D%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20%242.45%20million%0D%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2086%0D%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Pre-series%20B%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Investcorp%2C%20Liberty%20City%20Ventures%2C%20Fatima%20Gobi%20Ventures%2C%20Primal%20Capital%2C%20Wealthwell%20Ventures%2C%20FHS%20Capital%2C%20VN2%20Capital%2C%20local%20family%20offices%3C%2Fp%3E%0A
India squads
T20: Rohit Sharma (c), Shikhar Dhawan, KL Rahul, Sanju Samson, Shreyas Iyer, Manish Pandey, Rishabh Pant, Washington Sundar, Krunal Pandya, Yuzvendra Chahal, Rahul Chahar, Deepak Chahar, Khaleel Ahmed, Shivam Dube, Shardul Thakur
Test: Virat Kohli (c), Rohit Sharma, Mayank Agarwal, Cheteshwar Pujara, Ajinkya Rahane, Hanuma Vihari, Wriddhiman Saha (wk), Ravindra Jadeja, Ravichandran Ashwin, Kuldeep Yadav, Mohammed Shami, Umesh Yadav, Ishant Sharma, Shubman Gill, Rishabh Pant
Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20WallyGPT%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2014%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3ESaeid%20and%20Sami%20Hejazi%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInvestment%20raised%3A%20%3C%2Fstrong%3E%247.1%20million%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2020%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%20round%3C%2Fp%3E%0A
Our legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
WHAT IS A BLACK HOLE?
1. Black holes are objects whose gravity is so strong not even light can escape their pull
2. They can be created when massive stars collapse under their own weight
3. Large black holes can also be formed when smaller ones collide and merge
4. The biggest black holes lurk at the centre of many galaxies, including our own
5. Astronomers believe that when the universe was very young, black holes affected how galaxies formed
'Outclassed in Kuwait'
Taleb Alrefai,
HBKU Press
'Nope'
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Jordan%20Peele%0D%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Daniel%20Kaluuya%2C%20Keke%20Palmer%2C%20Brandon%20Perea%2C%20Steven%20Yeun%0D%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
