The United Nations secretary general, Ban Ki-Moon, referred to Hédi Annabi as 'a mild man with the heart of a lion' to describe his work ethic at the agency.
The United Nations secretary general, Ban Ki-Moon, referred to Hédi Annabi as 'a mild man with the heart of a lion' to describe his work ethic at the agency.

UN diplomat with lion's heart



Hédi Annabi was meeting a Chinese delegation on the fifth floor of the Christopher Hotel in Port-au-Prince when the earthquake struck the island of Haiti on January 12. Twenty-one other members of the 7,800 United Nations military and civilian peacekeepers he led as special representative of the UN secretary general also died as the building, used as headquarters by the UN force, collapsed in the quake, a magnitude 7 on the Richter scale.

In all, 61 UN personnel died in the island's devastation. A further 180 are missing. Annabi and his team were preparing to play a leading role in Haiti's presidential and legislative elections to be held on February 28. "Success would allow the country to enter a virtuous circle where stability and development are mutually reinforcing," he was quoted as saying. Educated in Tunis, Paris and Geneva, Annabi joined the Tunisian foreign ministry as an adviser to the country's prime minister and then chaired Tunisia's national news agency, before joining the UN in 1981.

He was appointed principal officer, then director, of the Office of the Special Representative of the Secretary General for Humanitarian Affairs in South East Asia with the task of bringing stability to Cambodia following the genocide wrought by the Khmer Rouge under Pol Pot, which came to be known as the Killing Fields. In 1992, he joined the Department of Peacekeeping Operations (DPKO) overseeing missions in Africa, including the disastrous Rwanda operation. Annabi was deeply affected by the atrocities committed on the Tutsi in 1994. Ethnic tensions between Hutus and Tutsis, raised during Rwanda's civil war, exploded following the assassination on April 6, 1994, of the president Juvénal Habyarimana. Over the next 100 days more than 500,000 people were killed.

The UN was blamed for the genocide but Annabi, who remained in constant contact with the Canadian commander of the UN forces there, maintained that it could have been prevented by timely reinforcements for the ill-equipped mission, but these were denied by member governments who claimed that UN peacekeepers were already overstretched. In 1997, then secretary general Kofi Annan appointed Annabi deputy of the DPKO, where he was responsible for all peacekeeping missions.

In 2007, Annan's successor, Ban Ki-Moon, made Annabi his special representative in Haiti. As head of the UN Stabilization Mission (or, to use the French acronym, Minustah) he made a real contribution to improving what was then - and is now again - a country in a dire condition. Modest, tenacious and droll, Annabi was known within the UN as the "headmaster", and acted as a mentor to a number of young diplomats. He had a prodigious memory and capacity for work. Mr Moon referred to him as "a mild man with the heart of a lion". His role in Haiti was to be his last before retirement.

Hédi Annabi was born on September 4, 1944, and died on January 12. He is survived by his wife and a son. * The National

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The specs
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Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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What should do investors do now?

What does the S&P 500's new all-time high mean for the average investor? 

Should I be euphoric?

No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.

So what happened?

It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.

"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."

Should I buy? Should I sell?

Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.

"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.

All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.

Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.

Will the rally last?

No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.

"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."

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In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
Company%20profile
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57%20Seconds
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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5
COMPANY PROFILE
Name: HyperSpace
 
Started: 2020
 
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
 
Based: Dubai, UAE
 
Sector: Entertainment 
 
Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
 
 
 
 
 
 
 
COMPANY PROFILE
Name: Airev
Started: September 2023
Founder: Muhammad Khalid
Based: Abu Dhabi
Sector: Generative AI
Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
Current number of staff: 47
 
'My Son'

Director: Christian Carion

Starring: James McAvoy, Claire Foy, Tom Cullen, Gary Lewis

Rating: 2/5

12%20restaurants%20opening%20at%20the%20hotel%20this%20month
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ENGLAND SQUAD

Joe Root (captain), Dom Sibley, Rory Burns, Dan Lawrence, Ben Stokes, Ollie Pope, Ben Foakes (wicketkeeper), Moeen Ali, Olly Stone, Chris Woakes, Jack Leach, Stuart Broad

The Penguin

Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz

Creator: Lauren LeFranc

Rating: 4/5

Five famous companies founded by teens

There are numerous success stories of teen businesses that were created in college dorm rooms and other modest circumstances. Below are some of the most recognisable names in the industry:

  1. Facebook: Mark Zuckerberg and his friends started Facebook when he was a 19-year-old Harvard undergraduate. 
  2. Dell: When Michael Dell was an undergraduate student at Texas University in 1984, he started upgrading computers for profit. He starting working full-time on his business when he was 19. Eventually, his company became the Dell Computer Corporation and then Dell Inc. 
  3. Subway: Fred DeLuca opened the first Subway restaurant when he was 17. In 1965, Mr DeLuca needed extra money for college, so he decided to open his own business. Peter Buck, a family friend, lent him $1,000 and together, they opened Pete’s Super Submarines. A few years later, the company was rebranded and called Subway. 
  4. Mashable: In 2005, Pete Cashmore created Mashable in Scotland when he was a teenager. The site was then a technology blog. Over the next few decades, Mr Cashmore has turned Mashable into a global media company.
  5. Oculus VR: Palmer Luckey founded Oculus VR in June 2012, when he was 19. In August that year, Oculus launched its Kickstarter campaign and raised more than $1 million in three days. Facebook bought Oculus for $2 billion two years later.

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