A straight line to disaster



The convoy was more than 30 kilometres from the Kunlun fault in Tibet when the Jeeps suddenly lurched. They had hit a series of parallel cracks, remnants of a magnitude 7.8 earthquake that struck the year before. "It was like driving on steps," recalls Yann Klinger, a geologist from the Paris Institute of Geophysics in France. The cracks were clear signs that the ground had been squeezed like a sponge then released, violently wrenching it apart. Yet they were much too far from the fault line to be explained by the quake. Mystified, the team took some measurements and moved on.

It transpired that Mr Klinger and his team had stumbled upon the aftermath of a supershear earthquake - one that slipped at such blistering speeds that the rip in the Earth overtook its own seismic waves. This created the earthquake equivalent of a sonic boom, capable of striking anything in its path like a hammer blow. While some seismologists had suspected such a quake could happen, physical evidence of their power had been lacking.

Until supershear quakes came on to the scene in the late 1990s, earthquakes were thought to come with an inbuilt speed limit, some 3.5 kilometres per second. For many years only one observation contradicted this conventional wisdom: in 1984, Ralph Archuleta at the University of California, Santa Barbara, reported that the Imperial Valley earthquake that struck California in 1979 briefly ruptured faster than 3.5 kilometres per second.

These observations languished in obscurity for nearly two decades until a wager between an engineer and a geologist meant that they were finally tested in a laboratory. Ares Rosakis at the California Institute of Technology in Pasadena had been investigating how explosions affect materials that have been glued together, and had seen supershear ruptures occur along the glued interface. So why not in the Earth itself? His sceptical colleague Hiroo Kanamori, in the geology department at Caltech, disagreed. The bet was set - an expensive bottle of wine was at stake.

To simulate an earthquake, the scientists took two slabs of a polymer that transmits light when under pressure and pressed them together, the joint representing a geological fault. They shone a light through the fault zone and then triggered a tiny electrical pulse to produce a rupture along the fault line. The patterns made by the light allowed them to see the seismic waves produced as the rupture moved through the fault. Sure enough, the quake produced seismic waves - first compressional waves, followed by the shear waves. And as Mr Kanamori had predicted, the rupture itself trailed well behind its seismic waves.

With Mr Rosakis on the verge of losing the bet, they put the slabs under slightly higher pressure by squeezing the fault tighter. Then, when they triggered a rupture, something odd happened: a fresh "daughter" crack suddenly appeared ahead of the main "mother" rupture, travelling much faster, leapfrogging the "forbidden" speed. Not only that, it continued to produce new shear waves, which added to the first batch to produce a new, more powerful shock wave that trailed behind the rupture in the shape of a boat's wake.

These lab experiments began to show that earthquakes could, in theory, go supershear. But it was the Earth itself that provided the real-world evidence. In 1999, the most seismically active continental fault of the 20th century - the North Anatolian fault in Turkey - slipped to cause the magnitude 7.6 Izmit earthquake. It all added up to a quake that went supershear, says Michel Bouchon at the University of Grenoble in France, who led one of two teams that independently showed that Izmit reached velocities of up to five kilometres per second.

There is now evidence that at least three major quakes around the world since Izmit have gone supershear, including Kunlun, where Klinger's team had found the then-mysterious cracks. Thankfully, there have only been a handful of such quakes recently and most have been in remote areas. This will not always be the case, of course. Some geologists suspect that the devastating San Francisco earthquake of 1906 may have been a supershear.

Understanding earthquakes after the event is only half the battle, however. What everyone wants to know is where the next one might hit. Now the seismologists David Robinson and Shamita Das and their colleagues at the University of Oxford think they have come up with an answer. They compared known supershear quakes for similarities and used these to try and anticipate where in the world the next one is most likely to strike.

All of the supershear ruptures seen so far have been on long, straight sections of faults. This might be because a rupture cannot accelerate to supershear speeds on a convoluted fault path. They looked for unbroken faults on land that do not deviate by five degrees or more over a distance of 100 kilometres. That narrowed it down to 26 sections on 11 different fault systems around the world, including parts of the San Andreas Fault in California. He called them "superhighways".

Worryingly, when they added the population distribution within a 50-kilometre radius of these faults, they found a network of superhighway faults primed to rumble near major cities. Seven of the 26 superhighways lie within reach of heavily populated areas, each potentially affecting more than two million people. One runs straight through the middle of San Francisco, while the cities of Yangon and Mandalay in Myanmar sit at either end of the longest superhighway.

If Mr Robinson's maps are correct, it could mean that regions previously thought to be outside of the worst effects of an earthquake, and maybe even beyond its reach altogether, could be caught unawares by a supershear quake. Unfortunately, most city planners and civil engineers are unlikely to take heed of the warnings of seismologists based on laboratory experiments. What is needed now is more data on actual quakes that go supershear. As geologists wait for the next big one to strike, however, they are hoping that they will be proved right in an uninhabited desert and certainly nowhere near a big city.

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

Results
%3Cp%3E%0D%3Cstrong%3EElite%20men%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Amare%20Hailemichael%20Samson%20(ERI)%202%3A07%3A10%0D%3Cbr%3E2.%20Leornard%20Barsoton%20(KEN)%202%3A09%3A37%0D%3Cbr%3E3.%20Ilham%20Ozbilan%20(TUR)%202%3A10%3A16%0D%3Cbr%3E4.%20Gideon%20Chepkonga%20(KEN)%202%3A11%3A17%0D%3Cbr%3E5.%20Isaac%20Timoi%20(KEN)%202%3A11%3A34%0D%3Cbr%3E%3Cstrong%3EElite%20women%3C%2Fstrong%3E%0D%3Cbr%3E1.%20Brigid%20Kosgei%20(KEN)%202%3A19%3A15%0D%3Cbr%3E2.%20Hawi%20Feysa%20Gejia%20(ETH)%202%3A24%3A03%0D%3Cbr%3E3.%20Sintayehu%20Dessi%20(ETH)%202%3A25%3A36%0D%3Cbr%3E4.%20Aurelia%20Kiptui%20(KEN)%202%3A28%3A59%0D%3Cbr%3E5.%20Emily%20Kipchumba%20(KEN)%202%3A29%3A52%3C%2Fp%3E%0A
COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
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 
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EDirect%20Debit%20System%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20Sept%202017%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20with%20a%20subsidiary%20in%20the%20UK%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20Undisclosed%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Elaine%20Jones%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%208%3Cbr%3E%3C%2Fp%3E%0A

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.”

Game Changer

Director: Shankar 

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

Rating: 2/5

The%20specs%3A%202024%20Mercedes%20E200
%3Cp%3E%3Cstrong%3EEngine%3A%20%3C%2Fstrong%3E2.0-litre%20four-cyl%20turbo%20%2B%20mild%20hybrid%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E204hp%20at%205%2C800rpm%20%2B23hp%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETorque%3A%20%3C%2Fstrong%3E320Nm%20at%201%2C800rpm%20%2B205Nm%20hybrid%20boost%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3E9-speed%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%20%3C%2Fstrong%3E7.3L%2F100km%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENovember%2FDecember%0D%3Cbr%3E%3Cstrong%3EPrice%3A%20%3C%2Fstrong%3EFrom%20Dh205%2C000%20(estimate)%3C%2Fp%3E%0A
The specs
Engine: 77.4kW all-wheel-drive dual motor
Power: 320bhp
Torque: 605Nm
Transmission: Single-speed automatic
Price: From Dh219,000
On sale: Now
Representing%20UAE%20overseas
%3Cp%3E%0DIf%20Catherine%20Richards%20debuts%20for%20Wales%20in%20the%20Six%20Nations%2C%20she%20will%20be%20the%20latest%20to%20have%20made%20it%20from%20the%20UAE%20to%20the%20top%20tier%20of%20the%20international%20game%20in%20the%20oval%20ball%20codes.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESeren%20Gough-Walters%20(Wales%20rugby%20league)%3C%2Fstrong%3E%0D%3Cbr%3EBorn%20in%20Dubai%2C%20raised%20in%20Sharjah%2C%20and%20once%20an%20immigration%20officer%20at%20the%20British%20Embassy%20in%20Abu%20Dhabi%2C%20she%20debuted%20for%20Wales%20in%20rugby%20league%20in%202021.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3ESophie%20Shams%20(England%20sevens)%3C%2Fstrong%3E%0D%3Cbr%3EWith%20an%20Emirati%20father%20and%20English%20mother%2C%20Shams%20excelled%20at%20rugby%20at%20school%20in%20Dubai%2C%20and%20went%20on%20to%20represent%20England%20on%20the%20sevens%20circuit.%20%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EFiona%20Reidy%20(Ireland)%3C%2Fstrong%3E%0D%3Cbr%3EMade%20her%20Test%20rugby%20bow%20for%20Ireland%20against%20England%20in%202015%2C%20having%20played%20for%20four%20years%20in%20the%20capital%20with%20Abu%20Dhabi%20Harlequins%20previously.%0D%3C%2Fp%3E%0A