Defiant Hizbollah greets likely win as impetus for conflict



BEIRUT // Hizbollah and its supporters are hailing the apparent victory of a right-wing coalition in this week's Israeli elections as a catalyst for further conflict. Although the Likud Party's Benjamin Netanyahu remains in talks to form a coalition government to lead Israel - in case Shimon Peres, the president, should ask him to head the next government - the strong showing by his party and its potential coalition partners means that any ruling coalition will likely take a much tougher stance in both peace talks and military action against Israel's neighbours.

In the wake of the summer 2006 war between Hizbollah and Israel that was widely seen as a setback for the Israeli military when it was unable to halt rocket-fire from south Lebanon, Hizbollah has rearmed and shown increasing levels of bravado in antagonising its southern rival. In response to such boasts, Israeli officials have often used the campaign to imply that Hizbollah's official role in the Lebanese government now makes any Lebanese government target legitimate.

"We used to think some Israeli leaders were better than others," said Ahmad Nasr, a 30-year-old Hizbollah supporter. "But after they killed 1,300 ? in Gaza as part of an election campaign, we now think whoever kills the most Arabs gets to lead Israel. "After 2006, they wanted an extreme right government who they think can defeat Hizbollah, but I am happy they think this way. That's what we want, crazy Netanyahu who thinks he can defeat us. We will show him, so let's hope he does something stupid."

Inside the secretive group itself, Hizbollah commanders said that while it does not necessarily matter who leads Israel in the long-term, they expect Mr Netanyahu to take extreme positions that will benefit the group's stance on violent resistance. "If we win the elections later this year - and we will win them - then expect major problems with Bibi," said one commander, using Mr Netanyahu's nickname. "He will oppose peace talks with Syria and will do things that will benefit the resistance, God willing."

Assad Ishmail, 29, points to Mr Netanyahu's recent promises to crush both Hizbollah and Hamas if elected as a positive step that will show the world Israel's true nature."He promised, so let's go!" Mr Ishmail said. "Let's see what he has for us and we will show him that the resistance are not cowards." A friend of Mr Ishmail's agreed. "I personally wanted Netanyahu to win because he's stupid enough to start a war with Hizbollah," Moustafa Sahli said.

This antagonism bordering on overconfidence that another Hizbollah-Israeli confrontation will benefit Lebanon and Hizbollah is naive, according to Timur Goksel, former United Nations official and Hizbollah expert. "When these boys say they want Bibi because it will help start a war, they are being emotional or even overly romantic," he said. "In Israel, foreign policy as it relates to its neighbours is decided - and has always been decided - by the army."

"Political changes do not control changes on the ground or in reality," he added. "Certainly, Bibi will take a hard stance in negotiations and there's always a chance something could happen that could escalate, but if someone starts something, the calculus used by both sides will be about the human and political cost to their people. That never changes with a government." mprothero@thenational.ae

Australia squads

ODI: Tim Paine (capt), Aaron Finch (vice-capt), Ashton Agar, Alex Carey, Josh Hazlewood, Travis Head, Nathan Lyon, Glenn Maxwell, Shaun Marsh, Jhye Richardson, Kane Richardson, D’Arcy Short, Billy Stanlake, Marcus Stoinis, Andrew Tye.

T20: Aaron Finch (capt), Alex Carey (vice-capt), Ashton Agar, Travis Head, Nic Maddinson, Glenn Maxwell, Jhye Richardson, Kane Richardson, D’Arcy Short, Billy Stanlake, Marcus Stoinis, Mitchell Swepson, Andrew Tye, Jack Wildermuth.

I Care A Lot

Directed by: J Blakeson

Starring: Rosamund Pike, Peter Dinklage

3/5 stars

Essentials
The flights

Return flights from Dubai to Windhoek, with a combination of Emirates and Air Namibia, cost from US$790 (Dh2,902) via Johannesburg.
The trip
A 10-day self-drive in Namibia staying at a combination of the safari camps mentioned – Okonjima AfriCat, Little Kulala, Desert Rhino/Damaraland, Ongava – costs from $7,000 (Dh25,711) per person, including car hire (Toyota 4x4 or similar), but excluding international flights, with The Luxury Safari Company.
When to go
The cooler winter months, from June to September, are best, especially for game viewing. 

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Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

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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
 
 
 
 
 
 
 
Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

How Beautiful this world is!
The specs

Price, base / as tested Dh12 million

Engine 8.0-litre quad-turbo, W16

Gearbox seven-speed dual clutch auto

Power 1479 @ 6,700rpm

Torque 1600Nm @ 2,000rpm 0-100kph: 2.6 seconds 0-200kph: 6.1 seconds

Top speed 420 kph (governed)

Fuel economy, combined 35.2L / 100km (est)

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Race card

6.30pm: Handicap (TB) $68,000 (Dirt) 1,200m

7.05pm: Meydan Cup – Listed Handicap (TB) $88,000 (Turf) 2,810m

7.40pm: UAE 2000 Guineas – Group 3 (TB) $125,000 (D) 1,600m

8.15pm: Firebreak Stakes – Group 3 (TB) $130,000 (D) 1,600m

9.50pm: Meydan Classic – Conditions (TB) $$50,000 (T) 1,400m

9.25pm: Dubai Sprint – Listed Handicap (TB) $88,000 (T) 1,200m

Blackpink World Tour [Born Pink] In Cinemas

Starring: Rose, Jisoo, Jennie, Lisa

Directors: Min Geun, Oh Yoon-Dong

Rating: 3/5

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
 
The specs

Engine: 1.5-litre turbo

Power: 181hp

Torque: 230Nm

Transmission: 6-speed automatic

Starting price: Dh79,000

On sale: Now

If you go

The flights
Emirates and Etihad fly direct to Nairobi, with fares starting from Dh1,695. The resort can be reached from Nairobi via a 35-minute flight from Wilson Airport or Jomo Kenyatta International Airport, or by road, which takes at least three hours.

The rooms
Rooms at Fairmont Mount Kenya range from Dh1,870 per night for a deluxe room to Dh11,000 per night for the William Holden Cottage.

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'My Son'

Director: Christian Carion

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

Rating: 2/5

All%20The%20Light%20We%20Cannot%20See%20
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Jigra
Director: Vasan Bala
Starring: Alia Bhatt, Vedang Raina, Manoj Pahwa, Harsh Singh
Rated: 3.5/5