register to attend the Allistair McCaw Tennis Seminar. Tennis coaches in the UAE can learn from McCaw, one of the world’s top performance trainers, who will share the secrets to his success along with insight into training some of the world’s best. Friday and Saturday, Dh400, Zayed Sports City, Abu Dhabi, limited to 25 attendees, register at info@pss-emirates.com
get your tickets for the Montegrappa Verdi Bicentenary Concert and Gala Dinner. To honour Verdi’s 200th birthday, a gala dinner and concert will be held by Emirates Opera Project and Al Shara Orchestra. Enjoy selections from operas including Rigoletto, La Traviata, Nabuco and Aida. October 10, from 7.30pm, tickets from Dh500, Raffles Dubai, Wafi City, www.montegrappa.me/verdi, 050 928 0085
get creative as Gap and thejamjar celebrate Back to Blue. Watch a graffiti artist paint a mural and bring your own true blue ideas to life – all while enjoying music and themed treats. Plus take home a T-shirt with your artwork on it and a Gap voucher. From 7.30pm to 9.30pm, thejamjar, Al Quoz, Dubai, 04 341 7303, register at www.rsvp-invitation.com/BacktoBlue
find a wide variety of art classes and programmes at Ductac, including comic making, painting, pottery, calligraphy, film making, kilim weaving, animation, figure drawing and more. Daily, various times and prices, Ductac, Mall of the Emirates, Dubai, 04 341 4777, www.ductac.org
enjoy selected gourmet meals via home delivery in Dubai from Jones the Grocer. Free delivery will be available for orders over Dh80, Saturdays to Thursdays, from 4pm to 11pm, from Safa Park to Dubai Marina, including Palm Jumeirah. Call 04 346 6886 to order and for more information
listings@thenational.ae
At Eternity’s Gate
Director: Julian Schnabel
Starring: Willem Dafoe, Oscar Isaacs, Mads Mikkelsen
Three stars
Brief scores:
Huesca 0
Real Madrid 1
Bale 8'
Pros%20and%20cons%20of%20BNPL
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Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
Roger Federer's 2018 record
Australian Open Champion
Rotterdam Champion
Indian Wells Runner-up
Miami Second round
Stuttgart Champion
Halle Runner-up
Wimbledon Quarter-finals
Cincinnati Runner-up
US Open Fourth round
Shanghai Semi-finals
Basel Champion
Paris Masters Semi-finals
SCORES IN BRIEF
Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).
