Border Patrol agents on horses apprehend a man who illegally crossed into the US from Mexico in Sunland Park, New Mexico, US. Adrees Latif/ Reuters
Border Patrol agents on horses apprehend a man who illegally crossed into the US from Mexico in Sunland Park, New Mexico, US. Adrees Latif/ Reuters

White House backtracks on Trump refusal to sign immigration bill



The White House backtracked on Friday hours after President Donald Trump threw House Republican efforts to pass an immigration bill into confusion by saying he wouldn’t sign a compromise they reached after weeks of talks.

The president was talking about a separate petition effort to force votes on immigration when he made his comment in a television interview, White House spokesman Raj Shah said in a statement.

The president had told House Speaker Paul Ryan earlier in the week that he would back the compromise plan. It’s one of two proposals the House is preparing to vote on next week under pressure from GOP moderates facing potentially tough races in the November congressional elections.

The compromise measure would, among other things, end the Trump administration’s policy of separating immigrant children from parents when they illegally cross the US border. The other, sponsored by House Judiciary Chairman Bob Goodlatte of Virginia, would impose more hardline limits on immigration.

“The president fully supports both the Goodlatte bill and the House leadership bill," Mr Shah said in a statement about eight hours after Mr Trump spoke in an interview on Fox News. "In this morning’s interview, he was commenting on the discharge petition in the House, and not the new package. He would sign either the Goodlatte or the leadership bills,” the spokesman said.

However, the question posed to Mr Trump on Friday morning was about the two bills that GOP leaders planned to advance next week, and not the unsuccessful effort by some Republican moderates to force votes on four separate proposals.

"I’m looking at both of them. I certainly wouldn’t sign the more moderate one," Mr Trump said on Fox News.

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The president’s statement threatened to blow up the deal, and many House Republicans said Mr Trump’s comments undercut any effort to get a bill passed.

Republicans in Congress are showing growing unease with the rising number of family separations, which has begun generating public backlash. Mr Ryan and Senate Majority Whip John Cornyn both said on Thursday that legislative action is needed to keep families together.

“I hate the children being taken away," Mr Trump said during an impromptu media appearance on Friday morning on the White House lawn, blaming without evidence federal law and Democrats for the policy his Justice Department initiated.

The legislation backed by Republican moderates includes a provision that would explicitly prohibit the Homeland Security Department from releasing children who cross with their parents to anyone other than a parent or legal guardian.

House Republicans said they were given assurances earlier this week by Stephen Miller, the main architect of the administration’s approach on immigration, that Mr Trump supported bringing the two versions of immigration legislation to a vote.

Before the White House walked back the president’s remarks, several lawmakers expressed disappointment. Representative Mike Coffman, a moderate Republican from a competitive Colorado district, said, "The president needs to read the bill," adding that Trump was just "responding to the word ‘moderate’."

“I thought this was the bill the White House was analysing in a positive fashion,” said another GOP moderate, Leonard Lance of New Jersey.

Earlier this week Mr Ryan touted the compromise bill as something that could actually become law because it includes provisions allowing legal status for young undocumented immigrants, money for a wall at the US border with Mexico, and cuts to legal immigration Mr Trump said must be included in a bill he would sign.

Anti-immigration hardliner Steve King of Iowa said he spoke to White House officials on Thursday night and urged them to get Trump to oppose the compromise bill.

“The president knows that amnesty for DACA recipients is not part of his mandate,” said Mr King, referring to the Deferred Action for Childhood Arrivals program that protects undocumented immigrants brought to the US as children from being deported.

Mr Trump tweeted on Friday that "Any Immigration Bill MUST HAVE full funding for the Wall, end Catch & Release, Visa Lottery and Chain, and go to Merit Based Immigration" -- all elements that are addressed in the compromise GOP plan.

Republican Representative Mike Simpson of Idaho -- speaking before the White House clarified the president’s remarks -- said the measure is likely doomed either way.

“I don’t think either bill makes it out of the House,” Mr Simpson said. “It’s a tough damn issue."

Mr Simpson said that Mr Trump weighing in on legislation off the cuff has become a major headache for congressional Republicans, citing his shifting positions on the massive budget plan approved earlier this year.

“At this point I would not put a final ‘this bill will not ever see floor action’ banner across the top,” said Representative Mark Meadows of North Carolina, chairman of the conservative Republican House Freedom Caucus. Meadows said he is broadly supportive of the bill’s outline.

About two dozen Republicans -- frustrated with the president’s unpredictability -- have joined Democrats in signing a petition that would force a vote on four immigration proposals, including those favoured by Democrats. The petition is just two signatures short of the number needed to require the votes.

Mr Trump blamed Democrats on Friday for the policy of taking children from their parents, saying, "The Democrats have to change their law, that’s their law."

But White House officials haven’t been able to cite any part of US law that requires the policy, which was initiated by Attorney General Jeff Sessions. The president, his aides and congressional Republicans have given differing rationales for it: Sessions and Chief of Staff John Kelly said children were being taken away as a deterrent while Republicans in Congress recently said it’s based on a 1997 court settlement regarding the treatment of immigrant children in federal custody.

No prior administration interpreted the ruling in the way Mr Trump’s has, and some legal experts say the 1997 settlement doesn’t require children to be separated from their parents.

Children who arrive with their parents are being sent to temporary government shelters while their parents go through a legal process. Republicans in the Senate said Thursday they may seek separate legislation to end the practice. The House moderate plan would state that a minor who doesn’t arrive at the border unaccompanied must be released to a parent or legal guardian.

Democratic Representative Luis Gutierrez of Illinois told reporters the administration is "skirting the rules" to separate children from their parents.

"And where are the Republicans?" Mr Gutierrez said. "I don’t see them. I see them scared of the president’s itchy trigger finger, and afraid to stand up to a bully because they are scared of losing their jobs."

When House Republicans released the compromise immigration measure on Thursday, even supporters said it didn’t yet have enough support to pass the House. The bill includes other provisions almost certain to be rejected by Democrats, including money for a border wall and new limits on family-based immigration.

Squid Game season two

Director: Hwang Dong-hyuk 

Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

Rating: 4.5/5

The%20specs
%3Cp%3E%3Cstrong%3EEngine%3A%3C%2Fstrong%3E%201.8-litre%204-cyl%20turbo%0D%3Cbr%3E%3Cstrong%3EPower%3A%20%3C%2Fstrong%3E190hp%20at%205%2C200rpm%0D%3Cbr%3E%3Cstrong%3ETorque%3A%3C%2Fstrong%3E%20320Nm%20from%201%2C800-5%2C000rpm%0D%3Cbr%3E%3Cstrong%3ETransmission%3A%20%3C%2Fstrong%3ESeven-speed%20dual-clutch%20auto%0D%3Cbr%3E%3Cstrong%3EFuel%20consumption%3A%3C%2Fstrong%3E%206.7L%2F100km%0D%3Cbr%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh111%2C195%0D%3Cbr%3E%3Cstrong%3EOn%20sale%3A%20%3C%2Fstrong%3ENow%3C%2Fp%3E%0A
RESULTS

5pm: Maiden (PA) Dh 80,000 (Turf) 1,200m
Winner: AF Majalis, Tadhg O’Shea (jockey), Ernst Oertel (trainer).

5.30pm: Maiden (PA) Dh 80,000 (T) 1,400m
Winner: Sawt Assalam, Szczepan Mazur, Ibrahim Al Hadhrami.

6pm: Maiden (PA) Dh 80,000 (T) 1,400m
Winner: Foah, Fabrice Veron, Eric Lemartinel.

6.30pm: Wathba Stallions Cup Handicap (PA) Dh 70,000 (T) 1,400m
Winner: Faiza, Sandro Paiva, Ali Rashid Al Raihe.

7pm: Handicap (PA) Dh 80,000 (T) 1,600m
Winner: RB Dixie Honor, Antonio Fresu, Helal Al Alawi.

7.30pm: Rated Conditions (TB) Dh 100,000 (T) 1,600m
Winner: Boerhan, Ryan Curatolo, Nicholas Bachalard.

RACE CARD

4pm Al Bastakiya – Listed (TB) $150,000 (Dirt) 1,900m

4.35pm Dubai City Of Gold – Group 2 (TB) $228,000 (Turf) 2,410m

5.10pm Mahab Al Shimaal – Group 3 (TB) $228,000 (D) 1,200m

5.45pm Burj Nahaar – Group 3 (TB) $228,000 (D) 1,600m

6.20pm Jebel Hatta – Group 1 (TB) $260,000 (T) 1,800m

6.55pm Al Maktoum Challenge Round-1 – Group 1 (TB) $390,000 (D) 2,000m

7.30pm Nad Al Sheba – Group 3 (TB) $228,000 (T) 1,200m

Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

The Brutalist

Director: Brady Corbet

Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn

Rating: 3.5/5

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

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
CHINESE GRAND PRIX STARTING GRID

1st row 
Sebastian Vettel (Ferrari)
Kimi Raikkonen (Ferrari)

2nd row 
Valtteri Bottas (Mercedes-GP)
Lewis Hamilton (Mercedes-GP)

3rd row 
Max Verstappen (Red Bull Racing)
Daniel Ricciardo (Red Bull Racing)

4th row 
Nico Hulkenberg (Renault)
Sergio Perez (Force India)

5th row 
Carlos Sainz Jr (Renault)
Romain Grosjean (Haas)

6th row 
Kevin Magnussen (Haas)
Esteban Ocon (Force India)

7th row 
Fernando Alonso (McLaren)
Stoffel Vandoorne (McLaren)

8th row 
Brendon Hartley (Toro Rosso)
Sergey Sirotkin (Williams)

9th row 
Pierre Gasly (Toro Rosso)
Lance Stroll (Williams)

10th row 
Charles Leclerc (Sauber)
arcus Ericsson (Sauber)

57%20Seconds
%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Rusty%20Cundieff%0D%3Cbr%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3EJosh%20Hutcherson%2C%20Morgan%20Freeman%2C%20Greg%20Germann%2C%20Lovie%20Simone%0D%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2%2F5%0D%3Cbr%3E%0D%3Cbr%3E%3C%2Fp%3E%0A

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.”

The specs

Price: From Dh529,000

Engine: 5-litre V8

Transmission: Eight-speed auto

Power: 520hp

Torque: 625Nm

Fuel economy, combined: 12.8L/100km

Tonight's Chat on The National

Tonight's Chat is a series of online conversations on The National. The series features a diverse range of celebrities, politicians and business leaders from around the Arab world.

Tonight’s Chat host Ricardo Karam is a renowned author and broadcaster who has previously interviewed Bill Gates, Carlos Ghosn, Andre Agassi and the late Zaha Hadid, among others.

Intellectually curious and thought-provoking, Tonight’s Chat moves the conversation forward.

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City's slump

L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1

The specs

Engine: Four electric motors, one at each wheel

Power: 579hp

Torque: 859Nm

Transmission: Single-speed automatic

Price: From Dh825,900

On sale: Now

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
Cherry

Directed by: Joe and Anthony Russo

Starring: Tom Holland, Ciara Bravo

1/5

MATCH INFO

Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid

When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid

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
 
COMPANY PROFILE

Name: Xpanceo

Started: 2018

Founders: Roman Axelrod, Valentyn Volkov

Based: Dubai, UAE

Industry: Smart contact lenses, augmented/virtual reality

Funding: $40 million

Investor: Opportunity Venture (Asia)

COMPANY%20PROFILE
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