Boxsets of the year


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Even if you're always on top of the newest music releases, the current glut of boxsets can provide an opportunity to explore the back catalogues of favourite artists - and the best offerings are not only remastered but include rarities such as B-sides and demos that can make you rethink whole careers.

Fables of the Reconstruction - REM (Capitol)

REM's third album, originally released in 1985, was for many years regarded as the black sheep of the band's early catalogue, unloved by the group and attracting few of the critical plaudits that routinely rain down on classics such as Murmur and Lifes Rich Pageant. There are no great revelations on this 25th-anniversary reissue, but it does serve as a timely reminder of what a truly wonderful record Fables of the Reconstruction is, perhaps the most mysterious and evocative album the band have ever made. Recorded long before major label, stadia-filling status stripped much of the magic from REM's aura, Fables is suffused with the strange mystique of small-town southern America, the songs filled with the sound of trains, minor key melancholy, oddball characters and the sweet ache of home, not to mention the angular beauty of Feeling Gravity's Pull, one of their greatest songs. Fleshed out with an additional CD of original demos, the only genuine rarity on offer is Throw Those Trolls Away, an early version of I Believe, but bemoaning the lack of lost treasure is to miss the point. Beauty of this nature is rare in itself.

Station to Station - David Bowie (EMI)

This lavish revamp of Bowie's 1976 classic initially felt as though the record industry had taken to ludicrous extremes its determination to squeeze every last drop of profit from archive material. The Deluxe Edition somehow succeeded in transforming the original six-song record into a five-CD behemoth, with the frankly unnecessary additions of the 1985 CD master and an EP of "single edits" of five of the tracks. The less obsessive three-disc Special Edition, however, is a joy. It comprises a new Dolby 5.1 mix of Station to Station and a double CD of Bowie's much-bootlegged March 1976 concert from Nassau Colisseum, a superbly dramatic merging of his chilly new euro-soul direction and old favourites such as Suffragette City and Life on Mars, with an occasionally berserk reinvention (Changes barely survives its experimental makeover) thrown in for good measure. It all looks and sounds wonderful but, much like Bruce Springsteen's over-rated The Promise, the irony is that the primary achievement of this lovingly restored artefact is to make the listener appreciate all the more keenly the austere, focused majesty of the original release.

Sandy Denny - Sandy Denny (Universal)

Consisting of 316 tracks spread over 19 CDs, Sandy Denny offers more than 21 hours of music: that's almost a day of Denny. Clearly, this vast box-set isn't for the faint-hearted, but it cements once and for all Denny's position as not only one of Britain's most wonderfully expressive folk voices, but also her gifts as a songwriter and a highly creative interpreter, as well as a versatile musician. Eleven discs cover previously released work, from her earliest recordings with Alex Campbell, Johnny Silvo, and the Strawbs, through to Fairport Convention, Fotheringay and her solo albums, with new content - out-takes, TV and radio recordings - running right up until her untimely death in 1978. Then there's a further eight discs of bonus material, much of it previously unreleased, comprising solo home demos, an entire 1974 concert with Fairport Convention, and her over-produced final album, Rendezvous, stripped of many of its original gaudy, unnecessary overdubs. The result is a career-defining box that doesn't merely cover old ground but forges into new territory, establishing Denny as an effervescent talent who had so much more to give.

Please Don't Tell Me How the Story Ends - Kris Kristofferson (Light in the Attic)

This album of gnarled, knotty demos was recorded by Kristofferson, with only sparse musical accompaniment, between 1968 and 1972, mostly in the Nashville offices of his publishing company Combine. Already in his early 30s, Kristofferson had moved to Nashville in 1965 to pursue his dream after spending a year as a Rhodes scholar at Merton College, Oxford, then becoming a captain in the US Army. Please Don't Tell Me How the Story Ends covers the next chapter in his life, his evolution from obscure songwriter to aspiring recording artist to outlaw superstar. In the process, Kristofferson challenged country music's cosy conservatism, forcing it to grapple with its dustbowl roots and the more current concerns of the counter-culture. This album includes the first-ever version of the classic Me and Bobbie McGee, which later became a posthumous hit in 1971 for Janis Joplin, Kristofferson's on-off girlfriend, who is remembered here in a deeply moving demo version of Epitaph, written in her memory. This is an earthy and rough-hewn collection that captures an auspicious period in country music history.

Disintegration - The Cure (Fiction / Polydor)

A dark, shadow-struck masterpiece, Disintegration was initially released in 1989 and proved an unlikely commercial success for The Cure, selling more than three million copies and establishing them in the US as a reluctant stadium rock band. Following a period in which they had excelled as off-kilter pop minxes, Disintegration finds Robert Smith and his cohorts largely returning to their Goth-rock roots. The default setting is long, layered songs of existential introspection (Smith was, apparently, stricken at the prospect of turning 30) such as Pictures of You and Prayers for Rain, with only the spooky-sexy Lullaby and relatively perky Love Song providing occasional relief. This three-disc reissue is a fascinating look at the pre and post-album creative process. The second disc comprises Smith's home demo recordings, early band rehearsals, rough mixes and guide vocals, allowing the listener to hear a group edging slowly towards their goal. The third disc is a magnificent recording of the entire album played live in sequence at Wembley Arena, captured in 1989 during the Prayer Tour. At the centre of it all sits the original album, sounding as thrillingly, epically miserable as ever.

Six pitfalls to avoid when trading company stocks

Following fashion

Investing is cyclical, buying last year's winners often means holding this year's losers.

Losing your balance

You end up with too much exposure to an individual company or sector that has taken your fancy.

Being over active

If you chop and change your portfolio too often, dealing charges will eat up your gains.

Running your losers

Investors hate admitting mistakes and hold onto bad stocks hoping they will come good.

Selling in a panic

If you sell up when the market drops, you have locked yourself out of the recovery.

Timing the market

Even the best investor in the world cannot consistently call market movements.

UAE currency: the story behind the money in your pockets
Indoor cricket World Cup:
Insportz, Dubai, September 16-23

UAE fixtures:
Men

Saturday, September 16 – 1.45pm, v New Zealand
Sunday, September 17 – 10.30am, v Australia; 3.45pm, v South Africa
Monday, September 18 – 2pm, v England; 7.15pm, v India
Tuesday, September 19 – 12.15pm, v Singapore; 5.30pm, v Sri Lanka
Thursday, September 21 – 2pm v Malaysia
Friday, September 22 – 3.30pm, semi-final
Saturday, September 23 – 3pm, grand final

Women
Saturday, September 16 – 5.15pm, v Australia
Sunday, September 17 – 2pm, v South Africa; 7.15pm, v New Zealand
Monday, September 18 – 5.30pm, v England
Tuesday, September 19 – 10.30am, v New Zealand; 3.45pm, v South Africa
Thursday, September 21 – 12.15pm, v Australia
Friday, September 22 – 1.30pm, semi-final
Saturday, September 23 – 1pm, grand final

From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

hall of shame

SUNDERLAND 2002-03

No one has ended a Premier League season quite like Sunderland. They lost each of their final 15 games, taking no points after January. They ended up with 19 in total, sacking managers Peter Reid and Howard Wilkinson and losing 3-1 to Charlton when they scored three own goals in eight minutes.

SUNDERLAND 2005-06

Until Derby came along, Sunderland’s total of 15 points was the Premier League’s record low. They made it until May and their final home game before winning at the Stadium of Light while they lost a joint record 29 of their 38 league games.

HUDDERSFIELD 2018-19

Joined Derby as the only team to be relegated in March. No striker scored until January, while only two players got more assists than goalkeeper Jonas Lossl. The mid-season appointment Jan Siewert was to end his time as Huddersfield manager with a 5.3 per cent win rate.

ASTON VILLA 2015-16

Perhaps the most inexplicably bad season, considering they signed Idrissa Gueye and Adama Traore and still only got 17 points. Villa won their first league game, but none of the next 19. They ended an abominable campaign by taking one point from the last 39 available.

FULHAM 2018-19

Terrible in different ways. Fulham’s total of 26 points is not among the lowest ever but they contrived to get relegated after spending over £100 million (Dh457m) in the transfer market. Much of it went on defenders but they only kept two clean sheets in their first 33 games.

LA LIGA: Sporting Gijon, 13 points in 1997-98.

BUNDESLIGA: Tasmania Berlin, 10 points in 1965-66

Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

UAE currency: the story behind the money in your pockets
RESULT

Esperance de Tunis 1 Guadalajara 1 
(Esperance won 6-5 on penalties)
Esperance: Belaili 38’
Guadalajara: Sandoval 5’