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"We already know that Princess Latifa, Sheikh Mohammed’s daughter, fled the UAE seeking asylum and alleging unspeakable abuse at the hands of her father.She is understood to have taken 31 million pounds with her to start a new life, reports say.It is claimed that German authorities refused a request from Sheikh Mohammed bin Rashid Al Maktoum, one of the world’s richest men, to return his wife to Dubai.It comes after one of the Sheikh’s daughters, Princess Latifa attempted to flee from her father and Dubai. Her social media accounts, which are usually full of photos of her charitable work, have not been active since February.

According to media reports, the wife of Sheikh Mohammed bin Rashid Al Maktoum – the Vice President and Prime Minister China Pvc coated Oxford fabric Factory of the UAE – is believed to be hiding in London.She said there are now "serious questions" about what prompted Princess Haya to flee..Princess Latifa said abuse forced her to flee the kingdom - and human rights groups claim she is being held in captivity in Dubai.Radha Stirling, Chief Executive of watchdog Detained in Dubai, said: "Whenever someone applies for political asylum, obviously, it is because their lives are in danger, and because they have suffered severe abuses and violations of their human rights.

A German diplomat helped the princess "escape" from Dubai, leading to a potential diplomatic crisis between the two countries said unconfirmed reports in Arab media.Two sources close to the Dubai royal family were cited as saying by media reports that Princess Haya has indeed left the country and is seeking a divorce.Oxford educated Princess Haya has not been seen in public since May 20. Now, it seems, Princess Haya, Sheikh Mohammed’s wife, has also fled the country and sought refuge in Germany," Stirling said.The princess, who is the half-sister of King Abdullah of Jordan, is said to be seeking a divorce after initially fleeing to Germany with her children Jalila, 11, and Zayed,7, where she requested political asylum, reported IANS.London: The sixth wife of Dubai’s billionaire ruler, Princess Haya Bint Al Hussein, has reportedly fled from the United Arab Emirates (UAE) with 31 million pounds and their two children following the break-up of their marriage. She was captured on a boat off the Indian coast and has since disappeared, but is believed to have been returned to the UAE.

The moves are a response to the National Defense Authorization Act (NDAA), which President Donald Trump signed into law in August. Nearly $3 billion of that went to research, accounting for about half of all the university’s research expenditures that year, according to UC budget documents. The company is involved in at least five UC Berkeley research initiatives, including autonomous driving, augmented reality and wireless technology, in addition to artificial intelligence.At Stanford University, Steve Eisner, the director of export compliance, told Reuters the school did a "scrub" of the campus, but "luckily" did not find any equipment that needed to be removed. The law requires the Secretary of Defense to work with universities on ways to guard against intellectual property theft and create new regulations aimed at protecting academics from exploitation by foreign countries.

Fears of a more rigorous crackdown from Washington would seem to be justified.UC San Diego highlighted this section of the law in a campus newsletter in September.Pressure to dump Huawei and other Chinese telecom suppliers is adding to the strain. The State Department shortened the length of visas for certain Chinese graduate students. The university in August said that, for at least six months, it would not accept funding from or enter into agreements with Huawei, ZTE Corporation (000063. Universities that fail to comply with those rules risk losing Defense Department funding.US authorities fear the equipment makers will leave a back door open to Chinese military and government agents seeking information.SZ) and other Chinese audio-video equipment providers, according to an internal memo. The document, reviewed by Reuters, said the moratorium would last through February 12, when the university would revisit its options.That would be a blow to public institutions such as the sprawling University of California system, whose state funding has been slashed repeatedly over the last decade. US universities that fail to comply with the NDAA by August 2020 risk losing federal research grants and other government funding.US officials allege Chinese telecom manufacturers are producing equipment that allows their government to spy on users abroad, including Western researchers working on leading-edge technologies..At the center of the storm is Huawei, a global behemoth in smartphones and telecom networking equipment.But for Stanford and other academic institutions, Huawei is more than an equipment vendor. That partnership started in 2016.Still, a person with knowledge of the matter said the university’s relationship with Huawei had "cooled," and that some Berkeley researchers are choosing not to proceed with their research agreements with the company to avoid scrutiny from university and government officials."The lawmakers called on DeVos to require universities to turn over information on those agreements.UC San Diego, meanwhile, has gone a step further.The University of California at Berkeley has removed a Huawei video-conferencing system, a university official said, while the UC campus in Irvine is working to replace five pieces of Chinese-made audio-video equipment. The company’s chief financial officer has been under house arrest in Canada since December for allegedly lying about Huawei’s ties to Iran.

These actions, not previously reported, signal universities’ efforts to distance themselves from Chinese companies that for years have supplied them with technical equipment and sponsored academic research, but which are now in the crosshairs of the Trump administration.In addition to an explicit equipment ban, the NDAA calls for creating regulations that would limit research partnerships and other agreements universities have with China. And he is considering a similar ban on Chinese equipment purchases by US companies."COOLING" RELATIONS WITH HUAWEIUC Berkeley spokesman Dan Mogulof said the university does not participate in research involving trade secrets. In June, 26 members of Congress sent a letter to Education Secretary Betsy DeVos, sounding an alarm over Huawei’s research partnerships with more than 50 US universities that "may pose a significant threat to national security.In addition, Trump last year signed legislation prohibiting the US government from buying certain telecom and surveillance equipment from Huawei and ZTE. He said the school only enters research partnerships whose findings can be published publicly. Beijing and the Chinese companies have repeatedly denied such claims. Huawei participates in research programs, often as a sponsor, at dozens of schools, including UC San Diego, the University of Texas, the University of Maryland and the University of Illinois Urbana-Champaign. Another Huawei employee was arrested this month in Poland on espionage allegations.US universities have already felt the sting of Trump’s China policies. Such open-source research is not subject to federal regulations.HUAWEI UNDER SIEGEThe new law is part of a broader Trump administration strategy to counter what it sees as China’s growing threat to US economic competitiveness and national security. In the 2016-2017 academic year, the UC system received $9. The China Pvc coated Oxford fabric Factory United Kingdom’s Oxford University this month cut ties with Huawei, announcing it would no longer accept funding for research or philanthropic donations.The chill is spreading. Other schools, such as the University of Wisconsin, are in the process of reviewing their suppliers."Out of an abundance of caution UC San Diego enacted the six-month moratorium to ensure we had adequate time to begin our assessment of the equipment on campus and to prevent the campus from entering into any agreements that could later be viewed as inconsistent with the NDAA," UC San Diego spokeswoman Michelle Franklin said in response to Reuters’ questions about the memo. And the administration is considering new restrictions on Chinese students entering the United States. Also on the blacklist are Chinese audio-video equipment providers Hikvision, Hytera, Dahua Technology and their affiliates.Separately, a White House report from June points to a research partnership on artificial intelligence between UC Berkeley and Huawei as a potential opening for China to gather intelligence that could serve Beijing’s military and strategic ambitions.8 billion in federal money. Chinese students are by far the largest group of international students in the United States and provide a lucrative source of revenue for universities. A provision of that legislation bans recipients of federal funding from using telecommunications equipment, video recording services and networking components made by Huawei or ZTE.Huawei did not respond to a request for comment.In addition to the University of Wisconsin, a half dozen institutions, including UC Los Angeles, UC Davis and the University of Texas at Austin, told Reuters they were in the process of reviewing their telecommunications equipment, or had already done so and determined they were NDAA compliant.The president has slapped tariffs on a slew of Chinese goods and made it tougher for foreign companies to purchase minority stakes in US tech companies, causing Chinese investment in Silicon Valley to plunge.Mogulof said UC Berkeley has no plans to change any of the research partnerships it has with Huawei.Top US universities are ditching telecom equipment made by Huawei Technologies and other Chinese companies to avoid losing federal funding under a new national security law backed by the Trump administration."The decision has been taken in the light of public concerns raised in recent months surrounding UK partnerships with Huawei," a university spokesman said in a statement.

This simply means developing nations that want to get out of their rut, like India, must invest in quality education and R&D.In more recent times this school of economics has been given greater importance and is reflected in the award of Nobel Prizes to behavioural economists like Daniel Kahneman of Princeton University and last year to Richard Thaler. Consequently, neo-classical economists distanced themselves from psychology and sought explanations for economic analysis heavily based on the concept of rational expectations. Amartya Sen (1998) was one of the few who broke this mould and won it in recognition of his work and abiding interest in welfare economics. Better late than never.

The fact that Indian students and scholars have to go abroad to fully harness their brilliance and gain recognition tells us what has gone wrong with our system. He called it "post colonial endogenous growth theory".Classical economics was linked closely with psychology. Smith emphasised the concept of empathy, the capacity to recognise feelings that are being experienced by another being. Recent Harvard winners for economics such as Oliver Hart (2016), Alvin Roth (2012) and Eric Maskin (2007) were rewarded for their work based on mathematical empiricism than behavioural speculation. Since individuals made choices the emphasis was on understanding human beings and their behaviour as individual and as groups. Jeremy Bentham described "utilitarianism as the greatest happiness of the greatest number that is the measure of right and wrong" and is considered by many as the father of the welfare state.Every politician worth his salt knows that the national mood and perceptions are decisive in determining national outcomes.The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was instituted in 1968 by the Swedish central bank, and laureates are selected by the Royal Swedish Academy of Sciences. But economists took their time recognising this, and the Nobel Committee even longer..Paul Romer has argued: "Technological change can be accelerated by the targeted use of state interventions in areas such as R&D tax credits and patent regulation"."There is a delicious irony in the award of the Nobel to Richard H. And often people do not always make rational choices, something that marketers of diverse products such as automobiles and soap, and political dreams know well. It is commonly called the Nobel Prize in Economics, though the Nobel Endowment has nothing to do with it. Adam Smith’s other great work was "The Theory of Moral Sentiments" and dealt with the psychological principles of individual behaviour. For most of the last century economics became increasingly mathematical.

The relevant verse for us is: Only inventions seemed to have any effect/ And from where these arose everyone was quite bereft/ So people then began to get rather weary/ Of the once almighty neoclassical growth theory/ A new explanation 600D Oxford fabric Factory arrived, over which there was quite a fuss/ Technical progress – innovation, ideas – were "endogenous"/ Invention was crucial but needed embodiment/ In people – in skills – and in capital investment/ So these were important to make growth shine/ Although others had known this for a very long timeBut how does one nurture invention without a national mood? For it is now well understood that how we do as a nation depends a great deal on how we perceive ourselves? This psychological factor is now understood to be critical to sustained economic growth. Now the trend from the esoteric and philosophical is moving towards the practical. Instead, our bureaucratic centralism has created a huge system whose outcomes are so low grade, that mediocrity passes off as brilliance.Neo-classical economists based their thinking on the assumptions that people have rational preferences; individuals maximise utility and firm’s profits; and people act independently.The dominance of the classical school on the world of economics can be gauged by the fact that since the relatively recent inception of the Nobel Prize in Economics in 1968, the Chicago economics department faculty have won the Nobel as many as 12 times, twice as many as MIT, which has six Nobel laureates. Incidentally Raghuram Rajan, who is also an economics professor, is a colleague, and was reported to also being considered for the Nobel Prize for his "contributions illuminating the dimensions of decisions in corporate finance". Seen from Harvard University’s ivory tower, even MIT is considered as leaning more towards classical economic theory.It is not as if the switch was complete.The co-winner – Romer – is seen as the prime mover behind the endogenous growth theory, "the notion that countries can improve their underlying performance if they concentrate on supply-side measures such as research and development, innovation and skills".This year two American economists, William Nordhaus and Paul Romer, were awarded the Nobel Prize in Economics for their work in two diverse areas, but current concerns. Much of economic theory came to be presented as mathematical models, mostly calculus, to clarify assumptions and implications. Classical economic theory, also known as laissez faire, claims that leaving individuals to make free choices in a free market results in the best allocation of resources. Nordhaus won it for his warning policymakers during the first stirrings of concern about climate change in the 1970s that their economic models were not properly taking account of the impact of global warming and he is seen as one of the pioneers of environmental economics. My professor at Harvard University’s Kennedy School of Government, Prof.

Much of economic research has tended to be quite remote from influencing public policy. Making the announcement, the Nobel Committee said: "His empirical findings and theoretical insights have been instrumental in creating the new and rapidly expanding field of behavioural economics, which has had a profound impact on many areas of economic research and policy. It has mostly tended to go to scholars doing esoteric research in economics. He works in the University of Chicago, the nursery of classical economics, where he is the Ralph and Dorothy Keller Distinguished Service Professor of Behavioural Science and Economics at the Booth School of Business. Thomas Schelling, who taught me "game theory" used in nuclear strategy, and only sometimes in economics, got an Economics Nobel for just that in 2005. Many great economists like Vilfredo Pareto, John Maynard Keynes and Joseph Schumpeter continued to base their analysis on psychological explanations. This famously inspired the Oxford don and economist Derek Morris to write an ode to endogenous growth with that title. It’s the history of economic theory in verse and is very witty and clever.