Colombian author Gabriel Garcia Marquez, who won the Nobel Prize for Literature and popularized the genre of magical realism, died on Thursday at the age of 87.
Here are some important dates in his life and career:
1927 - Garcia Marquez is born on March 6 in Aracataca, a backwater banana-growing town near Colombia's Caribbean coast. The oldest child of a large family, he spends part of his childhood living with his grandparents and is especially close to his grandfather, a retired army man who inspired the novel No One Writes to the Colonel.
1940 - Garcia Marquez moves to Barranquilla, a port city famous for its Carnival, to start high school.
1947 - He studies law at the National University in the Colombian capital Bogota and has two short stories published in the El Espectador newspaper.
1948-1950 - After riots force the National University to close and Garcia Marquez returns to Barranquilla, where he works as a reporter and starts writing his first novel, Leaf Storm.
1954 - Garcia Marquez works for El Espectador. His tale about a Colombian sailor who survived a high-seas shipwreck, published in installments, causes controversy in Colombia.
1955-1957 - Leaf Storm is published. He lives in Paris, publishing essays about his travels in communist eastern Europe.
1958 - Garcia Marquez marries Mercedes Barcha in Barranquilla. They remain married for the rest of his life.
1959 - Soon after Fidel Castro’s rise to power In a revolution, Garcia Marquez travels to Cuba on Castro’s invitation. They become close friends. Mercedes gives birth to the couple’s first son, Rodrigo.
1960-1961 - Garcia Marquez lives in Cuba for a short time, before moving the family to Mexico where he rubs shoulders with the country's literati, including author Carlos Fuentes. No one Writes to the Colonel is published.
1962-1966 - The couple's second son, Gonzalo, is born. Garcia Marquez writes several screenplays and works for publishers and advertising agencies. He spends nearly two years writing One Hundred Years of Solitude.
1967 - One Hundred Years of Solitude is published in June, earning Garcia Marquez recognition and accolades around the world. The family moves to Spain, staying until 1975.
1975-1976 - Autumn of the Patriarch, inspired by various Latin American dictators, is published. Garcia Marquez is punched in the face by Peruvian author Mario Vargas Llosa in a dispute that triggers endless speculation over why they fell out.
1979-1981 - He divides his time between Colombia and Mexico. During a trip to Europe, he meets Pope John Paul II. He begins work on Chronicle of a Death Foretold.
1982 - Garcia Marquez wins the Noble Prize for Literature.
1983-1987 - Love in the Time of Cholera is published, Chronicle of a Death Foretold is made into a film.
1989 - The General in his Labyrinth, about the final days of South American independence leader Simon Bolivar, is published.
1994 - Garcia Marquez establishes the Foundation for New Ibero-American Journalism to promote democracy and independent journalism in Latin America.
1996 - News of a Kidnapping, a non-fiction account of the kidnapping of several prominent figures in Colombia by drug lord Pablo Escobar is published.
1999 - Garcia Marquez battles lymphatic cancer, which goes into remission after chemotherapy treatment.
2002-2004 - He publishes his memoir Living to Tell the Tale in 2002. Two years later, Memories of My Melancholy Whores is released to mixed reviews.
2010-2012 - Garcia Marquez's editor says he is working on a new novel, titled We'll See Each Other in August. A younger brother, Jaime, says that the author is suffering from dementia and can no longer write.
2014 - Garcia Marquez dies at his home in Mexico City.
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Initial investment: Undisclosed
Investment stage: Series A
Investors: Core42
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Engine: 5.6-litre V8
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Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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Why it pays to compare
A comparison of sending Dh20,000 from the UAE using two different routes at the same time - the first direct from a UAE bank to a bank in Germany, and the second from the same UAE bank via an online platform to Germany - found key differences in cost and speed. The transfers were both initiated on January 30.
Route 1: bank transfer
The UAE bank charged Dh152.25 for the Dh20,000 transfer. On top of that, their exchange rate margin added a difference of around Dh415, compared with the mid-market rate.
Total cost: Dh567.25 - around 2.9 per cent of the total amount
Total received: €4,670.30
Route 2: online platform
The UAE bank’s charge for sending Dh20,000 to a UK dirham-denominated account was Dh2.10. The exchange rate margin cost was Dh60, plus a Dh12 fee.
Total cost: Dh74.10, around 0.4 per cent of the transaction
Total received: €4,756
The UAE bank transfer was far quicker – around two to three working days, while the online platform took around four to five days, but was considerably cheaper. In the online platform transfer, the funds were also exposed to currency risk during the period it took for them to arrive.
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While Huawei did launch the first smartphone with a 50MP image sensor in its P40 series in 2020, Oppo in 2014 introduced the Find 7, which was capable of taking 50MP images: this was done using a combination of a 13MP sensor and software that resulted in shots seemingly taken from a 50MP camera.
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
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