Inter Milan are down, but not yet out


Ian Hawkey
  • English
  • Arabic

Inter Milan, the champions of Italy, may have as little as six days left to keep calling themselves that.

As for the Inter who until next month wear the badge saying "Holders of the European Cup", they will be obliged to watch the highlights tonight of a Champions League semi-final in which Schalke 04, their recent conquerors, take on Manchester United, a contest Inter supposed had been earmarked for them.

Instead of hosting United, Inter will defend the one trophy from last season's treble in which they still have an realistic interest. They take on Roma in the second leg of the Coppa Italia semi-final, with a 1-0 advantage from the first match, and they will feel emboldened for it by their last meeting with opponents from the Italian capital.

Inter's 2-1 league win over Lazio on Saturday neatly encapsulated the worst and the best of a squad whose long, five-year sequence of successive scudetti is soon to come to an end.

First, they fell behind to a goal that highlighted a lack of pace, positioning and poise in defence. Lazio's Mauro Zarate pursued a long pass and, taking on Julio Cesar, drew the goalkeeper into a foul.

Zarate's opening had been helped by Andrea Ranocchia's misjudgement and an unfortunate slip, one of several errors from the defender Inter signed from Genoa in January.

Cesar's red card, for the foul, then added to a significant catalogue of mistakes the keeper has been guilty of in a season where his level of performance has compared unflatteringly with his excellence in 2009-10.

The diagonal ball over and across Inter's back line would become Lazio's preferred tactic against 10-man Inter. With good reason. Ranocchia, 23, betrays his inexperience in a centre-half role that, in the strategic domain of Italian football, rewards long study and application from its masters.

Lucio, even at 32, remains prone to safaris into unorthodox territory. The Brazilian is not a Nesta or a Baresi; what he does have is a thick skin, a bullish confidence, so that for each missed clearance, or failure to mark, he will compensate with a heroic interception, a courageous, limb-stretching tackle.

Massimo Moratti, the Inter president, praised the determination of his players after the Lazio match, the spirit that had turned a 1-0 deficit into a 2-1 win that would put Inter into second place in the table, above Napoli, but still eight points behind AC Milan with four matches left. "Our character beat our fatigue," Moratti said.

He was referring to the belligerence of men like Lucio; of Javier Zanetti, the captain who at 36 can still outstrip some opponents for pace, as he showed against Lazio; and above all of Samuel Eto'o, scorer of the winning goal and a constant menace as the lone striker in a side Leonardo, the coach, had to reshape once Inter were playing with 10.

Equally Inter's veterans show too many signs of wear and tear after 18 months, of league and cup, Super Cup and Club World Cup obligations.

The long-serving Dejan Stankovic retired injured against Lazio; Walter Samuel has been out for more than half the campaign. And Christian Chivu, sent off twice in what Moratti recalled as "our terrible week" - when Inter lost 3-0 in Serie A to Milan and then 5-2 to Schalke in the Champions League - has become not so much the epitome of never-say-die as the definition of foolhardy.

Inter need rejuvenating. Of that Moratti is persuaded, even as he celebrates the valour of the ageing icons. The question - in a week when Coutinho, Inter's teenage Brazilian, complained of a lack of matches, and Davide Santon, 20, once hailed the brightest young Italian prospect at the club, could only merit a place on the bench at Cesena, where he has been loaned out - is whether all the new blood needs to be bought in this summer.

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Courtesy: Crystal Intelligence

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

'Ashkal'
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South Africa World Cup squad

South Africa: Faf du Plessis (c), Hashim Amla, Quinton de Kock (w), JP Duminy, Imran Tahir, Aiden Markram, David Miller, Lungi Ngidi, Anrich Nortje, Andile Phehlukwayo, Dwaine Pretorius, Kagiso Rabada, Tabraiz Shamsi, Dale Steyn, Rassie van der Dussen.

Three-day coronation

Royal purification

The entire coronation ceremony extends over three days from May 4-6, but Saturday is the one to watch. At the time of 10:09am the royal purification ceremony begins. Wearing a white robe, the king will enter a pavilion at the Grand Palace, where he will be doused in sacred water from five rivers and four ponds in Thailand. In the distant past water was collected from specific rivers in India, reflecting the influential blend of Hindu and Buddhist cosmology on the coronation. Hindu Brahmins and the country's most senior Buddhist monks will be present. Coronation practices can be traced back thousands of years to ancient India.

The crown

Not long after royal purification rites, the king proceeds to the Baisal Daksin Throne Hall where he receives sacred water from eight directions. Symbolically that means he has received legitimacy from all directions of the kingdom. He ascends the Bhadrapitha Throne, where in regal robes he sits under a Nine-Tiered Umbrella of State. Brahmins will hand the monarch the royal regalia, including a wooden sceptre inlaid with gold, a precious stone-encrusted sword believed to have been found in a lake in northern Cambodia, slippers, and a whisk made from yak's hair.

The Great Crown of Victory is the centrepiece. Tiered, gold and weighing 7.3 kilograms, it has a diamond from India at the top. Vajiralongkorn will personally place the crown on his own head and then issues his first royal command.

The audience

On Saturday afternoon, the newly-crowned king is set to grant a "grand audience" to members of the royal family, the privy council, the cabinet and senior officials. Two hours later the king will visit the Temple of the Emerald Buddha, the most sacred space in Thailand, which on normal days is thronged with tourists. He then symbolically moves into the Royal Residence.

The procession

The main element of Sunday's ceremonies, streets across Bangkok's historic heart have been blocked off in preparation for this moment. The king will sit on a royal palanquin carried by soldiers dressed in colourful traditional garb. A 21-gun salute will start the procession. Some 200,000 people are expected to line the seven-kilometre route around the city.

Meet the people

On the last day of the ceremony Rama X will appear on the balcony of Suddhaisavarya Prasad Hall in the Grand Palace at 4:30pm "to receive the good wishes of the people". An hour later, diplomats will be given an audience at the Grand Palace. This is the only time during the ceremony that representatives of foreign governments will greet the king.

COMPANY%20PROFILE
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
MOTHER%20OF%20STRANGERS
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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.”

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Price, base / as tested: Dhxxx
Engine: 5.7L V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 556Nm @ 3,950rpm
Fuel economy, combined: 12.7L / 100km

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Classification of skills

A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation. 

A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.

The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000. 

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Lecce v SPAL (6pm)

Bologna v Genoa (9pm)

Atlanta v Roma (11.45pm)

Sunday

Udinese v Hellas Verona (3.30pm)

Juventus v Brescia (6pm)

Sampdoria v Fiorentina (6pm)

Sassuolo v Parma (6pm)

Cagliari v Napoli (9pm)

Lazio v Inter Milan (11.45pm)

Monday

AC Milan v Torino (11.45pm)

 

TOURNAMENT INFO

Fixtures
Sunday January 5 - Oman v UAE
Monday January 6 - UAE v Namibia
Wednesday January 8 - Oman v Namibia
Thursday January 9 - Oman v UAE
Saturday January 11 - UAE v Namibia
Sunday January 12 – Oman v Namibia

UAE squad
Ahmed Raza (captain), Rohan Mustafa, Mohammed Usman, CP Rizwan, Waheed Ahmed, Zawar Farid, Darius D’Silva, Karthik Meiyappan, Jonathan Figy, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Basil Hameed, Chirag Suri

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