Germany has almost 15 million immigrants, many of whom complain that xenophobia is widespread in the country.
Germany has almost 15 million immigrants, many of whom complain that xenophobia is widespread in the country.

Merkel attacks Germany's multiculturalism



BERLIN // Angela Merkel, the German chancellor, has declared that attempts to turn Germany into a multicultural society had "utterly failed", fanning a heated public debate driven by growing anti-Muslim sentiment.

"The multicultural approach has failed, utterly failed," Ms Merkel said in a speech on Saturday to the youth organisation of her conservative Christian Democratic Union party. Her remarks gave backing to an important political ally, Horst Seehofer, the conservative governor of Bavaria, who said last week that Germany does not need more integration from "foreign cultures" such as those of Turkey and Arab countries.

Ms Merkel added, however, that Islam was a part of Germany, a comment that did not go down well with many delegates at the meeting in Potsdam near Berlin.

"These people will stay here, they contributed to our prosperity," Ms Merkel said. "But it's not acceptable that twice as many of them leave school without qualifications, and it is not acceptable that twice as many of them have no professional qualifications. That will create social problems in the future.

"That is why integration is so important and that is why people who want to have a share in our society don't just have to obey our laws and support our constitution, above all they must learn our language.

"We feel connected to the Christian view of humanity, that is our identity," Ms Merkel said. People who do not accept that "don't belong here", she said.

Ms Merkel's speech is widely seen as a bid to boost flagging support for her party by pandering to growing anti-Muslim fears in the population. Her centre-right coalition of conservatives and pro-business Free Democrats has slumped by more than 17 points to 31 per cent in opinion polls since being elected in September 2009, due in part to its decision to extending the lifetimes of nuclear power stations.

A study released last week on far-right trends in Germany showed that one in three people want immigrants to be evicted from the country. The survey by the Friedrich-Ebert Foundation, which has close ties with the opposition Social Democratic Party, also found that 55 per cent of people agreed with the sentence: "I can well understand that some people find Arabs unpleasant."

More than 15 million people in Germany - almost a fifth of the population - have an immigrant background, including some four million Muslims, most of whom are descendants of Turks invited by the government in the 1950s and 1960s as "guest workers" to make up for a shortage of manpower after the Second World War.

Many of them live parallel lives in virtual ghettos in the major German cities, and statistics show that the children of Muslim immigrants have higher unemployment rates and lower school qualifications on average than ethnic Germans.

Many analysts say Germany is partly to blame because it has not done enough to adapt its education system to the needs of immigrant children, especially regarding language teaching.

Economists have warned that the harsh tone of the debate and the failure to tackle the education problem will deter the immigration of skilled immigrants Germany will need in the coming decades in light of a chronically low birth rate.

Many immigrants complain that xenophobia is widespread, and that they are labelled as "foreigners" even if they were born in Germany, have German citizenship and speak the language perfectly.

Leaders of the immigrant community said they were feeling increasingly ostracized. The head of the Turkish Community in Germany, Kenan Kolat, told the newspaper Die Welt that he had been receiving threats. "I am afraid. I don't mind tough criticism. But in recent weeks I have been threatened as a ... foreigner, even though I'm a German citizen.

"The abuse has been getting worse over the last few weeks. I'm getting anonymous calls, and abusive emails. At the moment I don't dare to travel on the underground alone. I'm not sleeping well and it's the same for my staff."

Mr Kolat could not immediately be reached for comment.

Unlike Britain in the 1980s or France since 2005, Germany has had no race riots. The trigger for the current debate was a book published at the end of August by Thilo Sarrazin, a board member of the German central bank, the Bundesbank, who said Germany was in long-term decline because of the rapid growth of an underclass of poorly educated Muslim immigrants. He blamed Islam for their lack of integration, arguing that the religion encouraged them to segregate themselves.

His remarks were condemned by most mainstream politicians including Ms Merkel, and Mr Sarrazin was forced to resign. But the government has changed its position since then in response to surveys showing that a majority of Germans agree with Mr Sarrazin.

Opposition politicians have accused Mr Seehofer of trying to make political capital by criticizing immigration. Jürgen Trittin, the parliamentary group leader of the Greens party, told Bild am Sonntag newspaper: "There has long been a far-right potential in Germany. So it is shabby and it strengthens these forces if a democrat like Horst Seehofer starts making such thinking politically acceptable."

Mr Seehofer told Focus, a German magazine, in an interview due to be published today that integration "doesn't mean living side by side but on the common foundation of the values laid down by our constitution and by our German culture which is characterized by our Christian-Judaic roots and by Christianity, humanism and enlightenment".

He had said last week that immigrants from Turkey and Arab countries had more difficulty integrating than immigrants from other countries. A survey conducted for Focus found that 54 per cent of Germans agree with him.

The general secretary of the Central Council of Jews in Germany, Stephan Kramer, criticised Mr Seehofer. "All kinds of cultures are being stigmatized, defamed and lumped together. I find that irresponsible and shabby," he told Rheinpfalz am Sonntag, a Sunday newspaper.

Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.

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.”

McLaren GT specs

Engine: 4-litre twin-turbo V8

Transmission: seven-speed

Power: 620bhp

Torque: 630Nm

Price: Dh875,000

On sale: now

The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

Company%20profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3ETwig%20Solutions%20(with%20trade%20name%20Twig)%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2021%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EChafic%20Idriss%2C%20Karam%20El%20Dik%20and%20Rayan%20Antonios%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EUAE%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3EFinTech%3Cbr%3E%3Cstrong%3EInitial%20investment%3A%20%3C%2Fstrong%3Ebootstrapped%20(undisclosed)%3Cbr%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%20%3C%2Fstrong%3E13%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%20%E2%80%94%20closing%20the%20round%20as%20we%20speak%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20senior%20executives%20from%20the%20GCC%20financial%20services%20industry%20and%20global%20family%20offices%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
UAE currency: the story behind the money in your pockets
The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

COMPANY PROFILE
Name: ARDH Collective
Based: Dubai
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Sector: Sustainability
Total funding: Self funded
Number of employees: 4
DIVINE%20INTERVENTOIN
%3Cp%3EStarring%3A%20Elia%20Suleiman%2C%20Manal%20Khader%2C%20Amer%20Daher%3C%2Fp%3E%0A%3Cp%3EDirector%3A%20Elia%20Suleiman%3C%2Fp%3E%0A%3Cp%3ERating%3A%204.5%2F5%3C%2Fp%3E%0A
Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5

Specs%3A%202024%20McLaren%20Artura%20Spider
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%203.0-litre%20twin-turbo%20V6%20and%20electric%20motor%3Cbr%3E%3Cstrong%3EMax%20power%3A%3C%2Fstrong%3E%20700hp%20at%207%2C500rpm%3Cbr%3E%3Cstrong%3EMax%20torque%3A%3C%2Fstrong%3E%20720Nm%20at%202%2C250rpm%3Cbr%3E%3Cstrong%3ETransmission%3A%3C%2Fstrong%3E%20Eight-speed%20dual-clutch%20auto%3Cbr%3E%3Cstrong%3E0-100km%2Fh%3A%3C%2Fstrong%3E%203.0sec%3Cbr%3E%3Cstrong%3ETop%20speed%3A%20%3C%2Fstrong%3E330kph%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh1.14%20million%20(%24311%2C000)%3Cbr%3E%3Cstrong%3EOn%20sale%3A%3C%2Fstrong%3E%20Now%3C%2Fp%3E%0A
TRAP

Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue

Director: M Night Shyamalan

Rating: 3/5

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.

When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.

How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Cinco in numbers

Dh3.7 million

The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown

46

The number, in kilograms, that Swarovski’s wedding gown weighed.

1,000

The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]

50

How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday

3,000

The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.

1.1 million

The number of followers that Michael Cinco’s Instagram account has garnered.