Workers and union leaders took to the streets for May Day marches on Saturday, demanding more labour protections amid a pandemic that has turned economies and workplaces upside down.
In countries that mark May 1 as International Labour Day, the annual celebration of workers’ rights produced a rare sight during the pandemic: large and closely packed crowds, with marchers striding shoulder-to-shoulder with clenched fists behind banners.
In Turkey and the Philippines, police prevented the May Day protests, enforcing virus lockdowns and making hundreds of arrests. In France, some marchers battled with riot police.
For labour leaders, the day was a test of their ability to mobilise workers in the face of the profound economic disruptions.
In France, thousands took to the streets with union banners and flags, hemmed in by and sometimes scuffling with riot police. The face masks worn by many marchers were a reminder of how much life has changed since the last traditional May Day celebrations – in 2019, before the spreading coronavirus wrecked lives and livelihoods and eroded civil liberties, often including the right to demonstrate.
Riot police clashed with some demonstrators in Paris and the southern city of Lyon, while burning roadblocks threw clouds of smoke into the Paris air. Police charged crowds to catch suspected troublemakers and fired small amounts of tear gas.
Police in Paris said they made 34 arrests. Authorities also reported five arrests and 27 police officers injured in Lyon. But most of the dozens of marches across France passed off without incident.
Some demonstrations, constricted by coronavirus restrictions, were markedly less well-attended than those before the pandemic.
Police arrested nine people who took part in protests in London on Saturday demanding that the government reverse planned legislation that would increase police powers.
More than 1,000 people marched through central London and chanted "kill the bill" outside government buildings, as well as dancing to music played from a bus.
Police said nine people had been arrested and officers were "continuing to engage" with protesters who gathered in a park in south London after the march.
Russia reported only a fraction of its usual May Day activities amid a coronavirus ban on gatherings. The Russian Communist Party drew only a few hundred people to lay wreaths in Moscow. For a second straight year in Italy, May Day passed without the usual large marches and rock concerts.
But in France, Germany and other places where rallies were allowed, workers vented their concerns over jobs and protections.
In Bosnia, coal miner Turni Kadric said he and his colleagues were “barely surviving".
In Indonesia, South-East Asia’s largest economy, thousands voiced anger at a new jobs law that critics fear will reduce severance pay, lessen restrictions for foreign workers and increase outsourcing as the nation seeks to attract more investment.
Protesters in the capital of Jakarta laid mock graves on the street to symbolise hopelessness and marches were being held in some 200 cities.
In the Philippine capital of Manila, where a month-long coronavirus lockdown has been extended by two weeks amid a surge in infections, police prevented hundreds of workers from demonstrating at a public plaza, protest leader Renato Reyes said.
But protesters did gather briefly at a busy Manila boulevard, demanding pandemic cash aid, wage subsidies and Covid-19 vaccines amid rising unemployment and hunger.
“Workers were largely left to fend for themselves while being locked down,” labour leader Josua Mata said.
In Turkey, a few labour leaders were allowed to lay wreaths in Istanbul’s Taksim Square but riot police stopped many others from reaching the plaza. The Istanbul governor’s office said 212 people were taken into custody for breaching coronavirus restrictions.
People in Turkey are barred from leaving home, except to collect essential food and medicine, under a lockdown until May 17 that aims to halt a surge in infections.
In Germany, where previous May Day demonstrations have often turned violent, police sent thousands of officers into the streets and gave a warning that rallies would be halted if marchers failed to follow coronavirus restrictions. Protests in Berlin called for lower rents, higher wages and voiced other concerns. Also marching were far-right coronavirus deniers and opponents of anti-virus measures, police said.
In Italy, police faced off against a few hundred demonstrators in the northern city of Turin. In Rome, Italy’s head of state paid tribute to workers and healthcare workers.
“Particularly heavy has been the impact from the crisis on female labor and on the access of young people to jobs,’’ Italian President Sergio Mattarella said.
Across the Atlantic in Brazil, thousands of demonstrators backing President Jair Bolsonaro's anti-lockdown stance rallied at Copacabana Beach in Rio de Janeiro – one of several such gatherings across the country.
There were also protests in Brasilia and other cities to criticise how the pandemic has been handled. Brazil has reported more than 400,000 Covid-19 deaths, a toll second only to the US.
Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
MATCH INFO
Uefa Champions League final:
Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports
The National in Davos
We are bringing you the inside story from the World Economic Forum's Annual Meeting in Davos, a gathering of hundreds of world leaders, top executives and billionaires.
Jeff Buckley: From Hallelujah To The Last Goodbye
By Dave Lory with Jim Irvin
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
Fixtures
Opening day Premier League fixtures for August 9-11
August 9
Liverpool v Norwich 11pm
August 10
West Ham v Man City 3.30pm
Bournemouth v Sheffield Utd 6pm
Burnley v Southampton 6pm
C Palace v Everton 6pm
Leicester v Wolves 6pm
Watford v Brighton 6pm
Tottenham v Aston Villa 8.30pm
August 11
Newcastle v Arsenal 5pm
Man United v Chelsea 7.30pm
Western Clubs Champions League:
- Friday, Sep 8 - Abu Dhabi Harlequins v Bahrain
- Friday, Sep 15 – Kandy v Abu Dhabi Harlequins
- Friday, Sep 22 – Kandy v Bahrain
How to get there
Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
Indoor cricket World Cup:
Insportz, Dubai, September 16-23
UAE fixtures:
Men
Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final
Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final
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FFP EXPLAINED
What is Financial Fair Play?
Introduced in 2011 by Uefa, European football’s governing body, it demands that clubs live within their means. Chiefly, spend within their income and not make substantial losses.
What the rules dictate?
The second phase of its implementation limits losses to €30 million (Dh136m) over three seasons. Extra expenditure is permitted for investment in sustainable areas (youth academies, stadium development, etc). Money provided by owners is not viewed as income. Revenue from “related parties” to those owners is assessed by Uefa's “financial control body” to be sure it is a fair value, or in line with market prices.
What are the penalties?
There are a number of punishments, including fines, a loss of prize money or having to reduce squad size for European competition – as happened to PSG in 2014. There is even the threat of a competition ban, which could in theory lead to PSG’s suspension from the Uefa Champions League.
Mohammed bin Zayed Majlis
SCORES IN BRIEF
New Zealand 153 and 56 for 1 in 22.4 overs at close
Pakistan 227
(Babar 62, Asad 43, Boult 4-54, De Grandhomme 2-30, Patel 2-64)
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.”