UN leader calls for 'renewed multilateralism'



World leaders kicked off their annual debate at the United Nations today as the UN chief Ban Ki-moon appealed to the more than 120 leaders for "genuine" collective action to roll back climate change as well as global poverty and push for nuclear disarmament. "If ever there were a time to act in a spirit of renewed multilateralism ? a moment to create a United Nations of genuine collective action ? it is now," Mr Ban told the assembly.

But all eyes were to be on Mr Obama who has vowed a close partnership with the United Nations after the administration of his predecessor, George W Bush, was accused of riding roughshod over the 192-member body. "Those who used to chastise America for acting alone in the world cannot now stand by and wait for America to solve the world's problems alone," Mr Obama was to tell the assembly, according to advance extracts released by the White House.

"We have sought ? in word and deed ? a new era of engagement with the world. Now is the time for all of us to take our share of responsibility for a global response to global challenges." In a reminder of the dangers facing the world, in the city still scarred by the September 11, 2001 attacks on the World Trade Center, Mr Obama was to warn of the heavy price to pay if global leaders fail to act against militants.

"Consider the course that we are on if we fail to confront the status quo. Extremists sowing terror in pockets of the world. Protracted conflicts that grind on and on," the president is expected to say. "Genocide and mass atrocities. More and more nations with nuclear weapons. Melting ice caps and ravaged populations. Persistent poverty and pandemic disease. "I say this not to sow fear, but to state a fact: the magnitude of our challenges has yet to be met by the measure of our action."

The rising temperatures inside the UN headquarters may be matched by protests on the streets outside, and organisers have said thousands are set to rally "to warn against the dire implications of offering diplomatic and political incentives to the Iranian regime." *AFP

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What is graphene?

Graphene is extracted from graphite and is made up of pure carbon.

It is 200 times more resistant than steel and five times lighter than aluminum.

It conducts electricity better than any other material at room temperature.

It is thought that graphene could boost the useful life of batteries by 10 per cent.

Graphene can also detect cancer cells in the early stages of the disease.

The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.

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.

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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
 
BULKWHIZ PROFILE

Date started: February 2017

Founders: Amira Rashad (CEO), Yusuf Saber (CTO), Mahmoud Sayedahmed (adviser), Reda Bouraoui (adviser)

Based: Dubai, UAE

Sector: E-commerce 

Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

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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 

Founder: Omar Onsi

Launched: 2018

Employees: 35

Financing stage: Seed round ($12 million)

Investors: B&Y, Phoenician Funds, M1 Group, Shorooq Partners

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Power: 154bhp

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