LISBON, PORTUGAL // NATO will start drawing down its troops in Afghanistan next July and its combat role in the war-torn nation will end by 2014 or earlier so security can be turned over to the Afghans, a top alliance official said Friday.
"We think that goal is realistic, and we have made plans to achieve it, but of course if circumstances agree, it could be sooner, absolutely," said Mark Sedwill, NATO's top civilian representative in Afghanistan.
Sedwill said the troop withdrawal starting next year will be "shallow" and eventually accelerate but did not elaborate.
The escalating war in Afghanistan, where the alliance is struggling to contain Taliban militants, looked set to dominate a two-day NATO summit opening Friday in Lisbon.
NATO spokesman James Appathurai also said the alliance's 28 leaders, including President Barack Obama, were poised to approve the withdrawal plan. He said NATO is "quite confident of the end of 2014 timeline for handing responsibility to Afghan security forces" as requested by Afghan President Hamid Karzai.
Appathurai and Sedwill did not say how many NATO troops would stay in Afghanistan after 2014 serving as military advisers and trainers or in a support role.
U.S. Secretary of State Hillary Rodham Clinton, who arrived in Lisbon ahead of Obama, met for an hour Friday with Karzai, a State Department official said.
The official, who spoke on condition of anonymity to discuss a private meeting, said the session at Karzai's hotel was "candid and friendly" and covered key aspects of the NATO mission in Afghanistan - including the planned transition to Afghan security control, as well as international civilian assistance to Kabul.
They reached a "common understanding" on outlines of a longer-term Afghan-NATO partnership, the official said.
NATO officials say they expect unanimous support from the allies for Obama's plans for a new, expanded missile defense system in Europe that would be based on an existing shield meant to defend military units from attack. The U.S. already has a missile defense system based mainly in North America, and it is planning one for its European allies.
But Obama will face tough questions from U.S. allies on his exit strategy in Afghanistan. He will also meet with leaders of the European Union on Saturday to defend his preference for stimulus spending at a time when many European nations are enacting economic austerity measures.
The NATO leaders are expected on Saturday to endorse the plan by Gen. David Petraeus, the top U.S. and NATO commander in Afghanistan, to start handing over responsibility for security in some areas of Afghanistan to government forces next year.
Obama told El Pais, Spain's leading newspaper, he expected the allies will pledge additional trainers for Afghan security forces.
"This effort is going to take time and our commitment to Afghanistan and the Afghan people is for the long-term," Obama said. "We cannot turn our backs on the Afghan people."
Clinton defended the high cost that European nations are paying for their participation in the war in Afghanistan, and urged them to stay the course despite dire economic difficulties for many countries that have translated into wage cuts, lost jobs and massive government budget reductions.
"Though we are very supportive of the difficult decisions that will have to be made concerning the economy, just as back home President Obama is making difficult decisions concerning our own economy, we believe that the mission we are pursuing in Afghanistan must continue," Clinton told reporters.
The alliance has 140,000 troops in Afghanistan, two-thirds of them Americans. The government's security forces are being built up to just over 300,000 members. Their Taliban opponents are estimated to number up to 30,000 men.
Allied commanders have highlighted their successes this year against Taliban insurgents in Helmand and Kandahar provinces, to emphasize that transition is ready.
But allied casualties have also reached record levels of some 650 dead this year, and the Taliban have spread out into other parts of Afghanistan.
In most provinces, the transition to Afghan-led security is expected to take 18-24 months, said a senior NATO official who spoke on condition of anonymity because plans had not been officially announced. Although, the official said, NATO and Afghan forces have regained the initiative from the rebels, the situation still could turn around.
The official also said that NATO was aware it was "working against the clock" because Afghans are more opposed now to a foreign troop presence than they were earlier in the nine-year war.
On other issues, NATO's newly expanded anti-missile shield would cost 200 million ($273 million) over the next 10 years, according to NATO chief Anders Fogh Rasmussen, who also wants Russia to cooperate in the project. Despite claims by protesters that debt-plagued Europe can't afford it amid austerity cuts, alliance officials insisted the project is worth it.
"We think it's a good thing to have a missile defense system which is NATO-based," Britain's Defense Secretary Liam Fox told BBC Radio 4's Today program. "That provides us with communal protection over the years ahead, it's cost-effective for us, and there are some 30 countries now which either have or are developing ballistic missiles."
NATO's leaders will not explicitly identify any potential enemy, although in the past officials have publicly singled out Iran and its ballistic missile program. But alliance member Turkey, which maintains close ties with Tehran, refused to let NATO name Iran as a threat.
"We cannot accept that any specific country (including) our neighbor Iran to be shown as a target," Turkish President Abdullah Gul said. "It is absolutely out of the question."
Founded in 1949 to counter the threat of a Soviet invasion, the 28-member alliance is in the midst of a mid-life crisis as it searches for relevance almost 20 years after the collapse of its communist rival.
Other elements of NATO's new mission statement expected to be adopted Friday include new roles such as cyber-warfare and missions outside NATO's traditional area in Europe, such as anti-piracy patrols off the Somali coastline.
NATO's previous strategic concept focused mainly on its peacekeeping role in places like Bosnia and Kosovo. It was adopted in 1999, soon after the end of the Cold War and before the Sept. 11, 2001, attacks in the United States forced the alliance to take on missions such as counterinsurgency warfare in Afghanistan.
The new document will also warn European governments not to slash defense spending at a time of economic crisis, because of the growing discrepancy in military capabilities between the United States and Europe's NATO members. Most European nations are not even meeting the minimum requirement of devoting 2 percent of their GDP to defense.
America's latest defense budget of over $710 billion dwarfs the combined annual military expenditures of its European allies, which total about $280 billion.
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.
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.
THE BIO
Favourite author - Paulo Coelho
Favourite holiday destination - Cuba
New York Times or Jordan Times? NYT is a school and JT was my practice field
Role model - My Grandfather
Dream interviewee - Che Guevara
Essentials
The flights
Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours.
The package
Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.
What is dialysis?
Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
There are two kinds of dialysis — haemodialysis and peritoneal.
In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.
In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.
It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.
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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
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
The biog
Age: 32
Qualifications: Diploma in engineering from TSI Technical Institute, bachelor’s degree in accounting from Dubai’s Al Ghurair University, master’s degree in human resources from Abu Dhabi University, currently third years PHD in strategy of human resources.
Favourite mountain range: The Himalayas
Favourite experience: Two months trekking in Alaska
'Cheb%20Khaled'
%3Cp%3E%3Cstrong%3EArtist%3A%20%3C%2Fstrong%3EKhaled%3Cbr%3E%3Cstrong%3ELabel%3A%20%3C%2Fstrong%3EBelieve%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Law%2041.9.4%20of%20men%E2%80%99s%20T20I%20playing%20conditions
%3Cp%3EThe%20fielding%20side%20shall%20be%20ready%20to%20start%20each%20over%20within%2060%20seconds%20of%20the%20previous%20over%20being%20completed.%0D%3Cbr%3EAn%20electronic%20clock%20will%20be%20displayed%20at%20the%20ground%20that%20counts%20down%20seconds%20from%2060%20to%20zero.%0D%3Cbr%3EThe%20clock%20is%20not%20required%20or%2C%20if%20already%20started%2C%20can%20be%20cancelled%20if%3A%0D%3Cbr%3E%E2%80%A2%09A%20new%20batter%20comes%20to%20the%20wicket%20between%20overs.%0D%3Cbr%3E%E2%80%A2%09An%20official%20drinks%20interval%20has%20been%20called.%0D%3Cbr%3E%E2%80%A2%09The%20umpires%20have%20approved%20the%20on%20field%20treatment%20of%20an%20injury%20to%20a%20batter%20or%20fielder.%0D%3Cbr%3E%E2%80%A2%09The%20time%20lost%20is%20for%20any%20circumstances%20beyond%20the%20control%20of%20the%20fielding%20side.%0D%3Cbr%3E%E2%80%A2%09The%20third%20umpire%20starts%20the%20clock%20either%20when%20the%20ball%20has%20become%20dead%20at%20the%20end%20of%20the%20previous%20over%2C%20or%20a%20review%20has%20been%20completed.%0D%3Cbr%3E%E2%80%A2%09The%20team%20gets%20two%20warnings%20if%20they%20are%20not%20ready%20to%20start%20overs%20after%20the%20clock%20reaches%20zero.%0D%3Cbr%3E%E2%80%A2%09On%20the%20third%20and%20any%20subsequent%20occasion%20in%20an%20innings%2C%20the%20bowler%E2%80%99s%20end%20umpire%20awards%20five%20runs.%0D%3Cbr%3E%3C%2Fp%3E%0A
THE BIO
Born: Mukalla, Yemen, 1979
Education: UAE University, Al Ain
Family: Married with two daughters: Asayel, 7, and Sara, 6
Favourite piece of music: Horse Dance by Naseer Shamma
Favourite book: Science and geology
Favourite place to travel to: Washington DC
Best advice you’ve ever been given: If you have a dream, you have to believe it, then you will see it.
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
Story of 2017-18 so far and schedule to come
Roll of Honour
Who has won what so far in the West Asia rugby season?
Western Clubs Champions League
Winners: Abu Dhabi Harlequins
Runners up: Bahrain
Dubai Rugby Sevens
Winners: Dubai Exiles
Runners up: Jebel Ali Dragons
West Asia Premiership
Winners: Jebel Ali Dragons
Runners up: Abu Dhabi Harlequins
UAE Premiership Cup
Winners: Abu Dhabi Harlequins
Runners up: Dubai Exiles
Fixtures
Friday
West Asia Cup final
5pm, Bahrain (6pm UAE time), Bahrain v Dubai Exiles
West Asia Trophy final
3pm, The Sevens, Dubai Hurricanes v Dubai Sports City Eagles
Friday, April 13
UAE Premiership final
5pm, Al Ain, Dubai Exiles v Abu Dhabi Harlequins
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- 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.
More from Neighbourhood Watch:
THE CARD
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4.30pm: Handicap 64,000 (D) 1,950m
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
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Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
A Bad Moms Christmas
Dir: John Lucas and Scott Moore
Starring: Mila Kunis, Kathryn Hahn, Kristen Bell, Susan Sarandon, Christine Baranski, Cheryl Hines
Two stars
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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.”