George Clooney, centre, leads the huddle as both director and star of the screwball rom-com Leatherheads .
George Clooney, centre, leads the huddle as both director and star of the screwball rom-com Leatherheads .
George Clooney, centre, leads the huddle as both director and star of the screwball rom-com Leatherheads .
George Clooney, centre, leads the huddle as both director and star of the screwball rom-com Leatherheads .

Leatherheads


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You've got to hand it to George Clooney. Hollywood's favourite old-school leading man is so comfortable in his charming, easy-on-the-eyes skin that he figures he can sell viewers on, of all things, a 1920s-era screwball comedy about the beginnings of the American pro-football league. It's hardly a concept destined to pack cinemas (and the movie certainly didn't when it was released earlier this year), but its star player - who tackles directorial duties for the third time - is just so goofily enthusiastic about the whole thing that you can almost forgive the film's third-quarter fumbles. Leatherheads is neither a great sports movie nor a particularly funny romcom, but it scores points for its easygoing appeal, which is something you can't say for a lot of star-powered films.

Clooney plays Dodge, a veteran footballer whose team, the Duluth Bulldogs, is just another failing enterprise in a joke of a pro league that pales in comparison with its college counterpart. (Dodge and his guys play among cows and can only afford a solitary ball. The school teams strut their stuff on modern fields for thousands of adoring spectators.) In an attempt to turn the Bulldogs' fortunes around, Dodge recruits the dapper young college star/decorated war hero Carter Rutherford (John Krasinski of America's The Office - all teeth and good-natured charm) to play with his ragtag crew.

Meanwhile, the feisty newspaper reporter Lexie Littleton (Renée Zellweger, period film's go-to girl) has been dispatched by her editor to get the real story behind Rutherford's supposed wartime heroics. Uh-oh, could our all-American be not what he seems? Naturally, both Dodge and Carter fall for the sassy scribe (Zellweger does wear those cloche hats exceptionally well), and the rivalry begins. Although, Krasinski never really looks as though he stands a chance - which, of course, is just the way Clooney wants it.

Zellweger gets most of the good lines (there aren't that many to go around), but there's something strained in her delivery, and the actress often looks bewildered, as though she stumbled in off the set of Chicago and couldn't figure out what happened to Richard Gere. But there's no denying the fizzy chemistry between her and Clooney. The actor/director is clearly having the time of his life repurposing the genre, and he certainly has a feel for its look and timing. A scene between Dodge and Lexie in a sleeper car could have come straight out of It Happened One Night, and there's a chase set-up that has a touch of the Keystone Kops about it.

Unfortunately, these zippy moments are few and far between, and Leatherheads eventually becomes bogged down by politics. As the tarnish begins to show on the golden boy Rutherford and we spend more time in the company of the new pro league commissioner watching his attempts to sort out the game, the film drops the screwball. The minor characters - notably Carter's shady manager (Jonathan Pryce) and a reporter named Suds (the character actor Stephen Root) who doesn't so much report as transcribe Dodge's sound bites - are underdeveloped and add to the film's overall spottiness.

Still, Leatherheads is an enjoyable diversion that may well have just enough Clooney for the ladies and just enough gridiron for the gents. Clooney knows well enough to take his matinée-idol persona and run with it.
tlazos@thenational.ae

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.”

Du Football Champions

The fourth season of du Football Champions was launched at Gitex on Wednesday alongside the Middle East’s first sports-tech scouting platform.“du Talents”, which enables aspiring footballers to upload their profiles and highlights reels and communicate directly with coaches, is designed to extend the reach of the programme, which has already attracted more than 21,500 players in its first three years.

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Russia's Muslim Heartlands

Dominic Rubin, Oxford

Two-step truce

The UN-brokered ceasefire deal for Hodeidah will be implemented in two stages, with the first to be completed before the New Year begins, according to the Arab Coalition supporting the Yemeni government.

By midnight on December 31, the Houthi rebels will have to withdraw from the ports of Hodeidah, Ras Issa and Al Saqef, coalition officials told The National. 

The second stage will be the complete withdrawal of all pro-government forces and rebels from Hodeidah city, to be completed by midnight on January 7.

The process is to be overseen by a Redeployment Co-ordination Committee (RCC) comprising UN monitors and representatives of the government and the rebels.

The agreement also calls the deployment of UN-supervised neutral forces in the city and the establishment of humanitarian corridors to ensure distribution of aid across the country.

TEACHERS' PAY - WHAT YOU NEED TO KNOW

Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:

- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools

- average salary across curriculums and skill levels is about Dh10,000, recruiters say

- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance

- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs

- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills

- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month

- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues