What Mr Trump has learnt is that he can fool some of the people all of the time. Alex Brandon / AP Photo
What Mr Trump has learnt is that he can fool some of the people all of the time. Alex Brandon / AP Photo

Will the US president’s fragile ego be the start of his undoing?



By now, Donald Trump’s penchant for exaggeration and self-promotion has become well-established. Whether born of a form of pathological narcissism or just plain hucksterism, his need to claim that everything he does is the biggest and best is unsettling and, at times, embarrassing.

Most troubling is the concern that Mr Trump may actually believe his non-factual boasts – that because his ego is so needy he cannot accept reality. This is clearly not a comforting quality in a commander-in- chief.

During his first week in office, this weakness has been on full public display. Whether in his weirdly vainglorious address before the CIA, his first interview with a major television network or on Twitter, the new president has spent way too much time trying to convince the public – and maybe himself – that his crowds were “the largest in history”, that the applause he received at the CIA set a record and that massive voter fraud was the reason he didn’t receive more votes than his opponent.

That all these claims are provably untrue doesn’t appear to register with the White House. When challenged by media fact-checkers, Mr Trump and his staff become belligerent, striking back at the offending reporters with threats to have their access denied and future questions unanswered. More recently, a top White House aide referred to the questioning media as “the enemy”. It appears that in the mind of the president and company, the exaggerations and fabrications must be believed – or else.

What we’ve also learnt during this first week of the Trump administration is that the president’s penchant for exaggeration or use of “alternative facts” would also be used to advance his agenda. In signing critical executive orders, he has made his case for radical policy changes on immigration, refugees and voter fraud by presenting “evidence” of problems that are either wildly exaggerated or just plain made-up.

To justify building a wall between the United States and Mexico, for example, Mr Trump argued that the number of migrants illegally “pouring across the border” has increased in recent years and that “all across the country” Americans have been victims of violent crimes perpetrated by these “illegals”. In fact, the numbers of undocumented individuals entering the United States has dramatically declined in recent years and while there certainly have been crimes committed by undocumented immigrants, their numbers are minuscule in relation to the overall violent crime rate. But truth doesn’t matter. It is the White House’s hope that by exploiting fear and resentment of Latino immigrants they may generate enough support to build the wall and deport millions of undocumented people.

To make the case for putting a freeze on the US refugee programme and banning Muslim immigration from a list of largely Arab countries, Mr Trump’s executive order falsely claims that “numerous foreign-born individuals have been convicted or implicated in terrorism-related crimes since September 11, 2001”. The actual number of such individuals that have been convicted of terror-related charges is less than 40, with a substantial portion of these being cases of FBI entrapment. But once again, the truth doesn’t matter, since the White House believes that fear of and bias against Muslim will provide enough support to restrict the entry of Muslims and cut the overall number of refugee admissions in half.

Likewise, to back up the claim that there is a need to more closely scrutinise voter rolls and place greater restrictions on voting procedures, Mr Trump has made the claim that three to five million persons voted illegally in the election. To buttress his case, he and his staff have cited studies, the authors of which deny that their work shows any evidence of massive voter fraud. While there is no real justification for the president to make the claim of massive voter fraud, truth doesn’t matter. What counts is there is a fear of “minority voters” swaying elections – and that will be enough to provide some backing to Republican efforts to further their voter suppression agenda – making it more difficult for the poor, the elderly and minority groups to vote.

What Mr Trump has learnt is that he can fool some of the people all of the time. He has built his case for policy change by projecting arguments that prey on fear and prejudice – against Latinos, African-Americans, and Arabs and Muslims. Fear and prejudice helped him win an election and so far they appear to be giving him just enough edge to radically transform US immigration and refugee policy and place new and onerous restrictions on how Americans vote.

The question that remains is can the president continue on his merry way and be able to fool all of the people all of the time? I think not. While he may, for a short time, get away with exaggerations and fabrication about groups that his supporters fear, I think his ultimate undoing will be his fragile ego and its inability to accept reality. The bizarre rants he kept repeating all week about how big his audiences were and how beloved he is indicate an excessive neediness and a lack of control that may lead him to take an embarrassing step too far.

Dr James Zogby is president of the Arab American Institute

On Twitter: @aaiusa

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.”

Our Time Has Come
Alyssa Ayres, Oxford University Press

Scoreline

Germany 2

Werner 9', Sane 19'

Netherlands 2

Promes 85', Van Dijk 90'

The bio

Studied up to grade 12 in Vatanappally, a village in India’s southern Thrissur district

Was a middle distance state athletics champion in school

Enjoys driving to Fujairah and Ras Al Khaimah with family

His dream is to continue working as a social worker and help people

Has seven diaries in which he has jotted down notes about his work and money he earned

Keeps the diaries in his car to remember his journey in the Emirates

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%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rob%20Marshall%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EHalle%20Bailey%2C%20Jonah%20Hauer-King%2C%20Melissa%20McCarthy%2C%20Javier%20Bardem%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%3Cbr%3E%3Cbr%3E%3C%2Fp%3E%0A
10 tips for entry-level job seekers
  • Have an up-to-date, professional LinkedIn profile. If you don’t have a LinkedIn account, set one up today. Avoid poor-quality profile pictures with distracting backgrounds. Include a professional summary and begin to grow your network.
  • Keep track of the job trends in your sector through the news. Apply for job alerts at your dream organisations and the types of jobs you want – LinkedIn uses AI to share similar relevant jobs based on your selections.
  • Double check that you’ve highlighted relevant skills on your resume and LinkedIn profile.
  • For most entry-level jobs, your resume will first be filtered by an applicant tracking system for keywords. Look closely at the description of the job you are applying for and mirror the language as much as possible (while being honest and accurate about your skills and experience).
  • Keep your CV professional and in a simple format – make sure you tailor your cover letter and application to the company and role.
  • Go online and look for details on job specifications for your target position. Make a list of skills required and set yourself some learning goals to tick off all the necessary skills one by one.
  • Don’t be afraid to reach outside your immediate friends and family to other acquaintances and let them know you are looking for new opportunities.
  • Make sure you’ve set your LinkedIn profile to signal that you are “open to opportunities”. Also be sure to use LinkedIn to search for people who are still actively hiring by searching for those that have the headline “I’m hiring” or “We’re hiring” in their profile.
  • Prepare for online interviews using mock interview tools. Even before landing interviews, it can be useful to start practising.
  • Be professional and patient. Always be professional with whoever you are interacting with throughout your search process, this will be remembered. You need to be patient, dedicated and not give up on your search. Candidates need to make sure they are following up appropriately for roles they have applied.

Arda Atalay, head of Mena private sector at LinkedIn Talent Solutions, Rudy Bier, managing partner of Kinetic Business Solutions and Ben Kinerman Daltrey, co-founder of KinFitz

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

Australia men's Test cricket fixtures 2021/22

One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart

The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth

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
The specs

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Power: 150hp
Torque: 250Nm
Price: From Dh139,000
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England's Ashes squad

Joe Root (captain), Moeen Ali, Jimmy Anderson, Jofra Archer, Jonny Bairstow, Stuart Broad, Rory Burns, Jos Buttler, Sam Curran, Joe Denly, Jason Roy, Ben Stokes, Olly Stone, Chris Woakes.