Cleveland Cavaliers forward LeBron James is guarded by Portland Trail Blazers playres Noah Vonleh, left, and Al-Farouq Aminu during their NBA contest on Saturday. Steve Dipaola / AP / December 26, 2015
Cleveland Cavaliers forward LeBron James is guarded by Portland Trail Blazers playres Noah Vonleh, left, and Al-Farouq Aminu during their NBA contest on Saturday. Steve Dipaola / AP / December 26, 2015
Cleveland Cavaliers forward LeBron James is guarded by Portland Trail Blazers playres Noah Vonleh, left, and Al-Farouq Aminu during their NBA contest on Saturday. Steve Dipaola / AP / December 26, 2015
Cleveland Cavaliers forward LeBron James is guarded by Portland Trail Blazers playres Noah Vonleh, left, and Al-Farouq Aminu during their NBA contest on Saturday. Steve Dipaola / AP / December 26, 201

‘Anybody see that coming?’: Portland Trail Blazers pile on reeling Cavaliers


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Portland Trail Blazers coach Terry Stotts came armed with a witty opening statement for his post-game press conference Saturday night following his team’s 105-76 win over the Cleveland Cavaliers.

“Anybody see that coming?” Stotts said.

Hard to imagine many raising their hands. Portland came into Saturday with a five-game losing streak, while LeBron James-led Cleveland had the best record in the Eastern Conference.

Almost from the opening tip, Portland were in control. Allen Crabbe scored 21 of his career-high 26 points during the first half to lead the Blazers (12-20) to their most lopsided win of the season.

CJ McCollum had 16 points, while Mason Plumlee had 11 points and 14 rebounds for Portland.

The Blazers ran out to a 34-12 first quarter lead and were never threatened, holding the Cavaliers to a season-low 76 points. James, playing only 27 minutes, matched his season low with 12 points.

"One of the things you love about the NBA, anything can happen," Stotts said. "Obviously we played a very good game. Our defence allowed us to get into transition and took a little pressure off our half-court offence."

Crabbe hit 4-of-6 from three-point range. He said returning home after the recent 0-5 East Coast trip gave the Blazers a spark.

“I think it was good for us to get back home, see family. It was great to get back and play a good team like that. Everybody was up and excited to play them,” Crabbe said.

Stotts saw a different team than the one he coached during the winless trip.

“Having two days off was good. We had a lot of energy. We were pushing the ball after stops. We seemed to have a little extra bounce,” Stotts said.

The Cavaliers have lost two consecutive games, this one on the heels of an 89-83 defeat to the Golden State Warriors on Friday night. The 76- and 83-point performances are season lows for Cleveland.

“Offensively, we are in a funk right now,” said James, who also had four rebounds and five assists. “Our energy was lacking at the beginning of the game. It picked up, but at some point it got so out of hand that it didn’t matter.”

Kevin Love had 13 points to lead the Cavaliers.

Burned out?

James said the Cavaliers spent a lot of energy in the Golden State loss, but “you can’t use that as an excuse. This Portland team beat us pretty good and you have to respect them for that.

“Throw it in the trash. There was nothing good we did tonight.”

Short outside

Both teams played without their all-star guards.

Cleveland’s Kyrie Irving sat out while he team eases him back from a broken kneecap suffered six months ago during the NBA Finals. Irving made his season debut earlier this week and played Friday but isn’t ready to play in back-to-back games yet. Irving is expected to play Monday night at the Phoenix Suns.

Portland’s Damian Lillard missed his third consecutive game because of left foot plantar fasciitis. Stotts said Lillard is undergoing physical therapy but “can’t do much on his feet athletically.” Lillard’s timetable to return is unknown.

First steps

Portland started fast and didn’t let up throughout the first half as they led 63-34 at half-time.

Crabbe scored 12 points and hit two three-pointers to stake the Blazers to a 34-12 lead after the first quarter. Cleveland cut the deficit to 16 points early in the second after Matthew Dellavedova hit two three-pointers during an 8-0 run. But Portland countered with 11 consecutive points to take a 51-24 lead.

Portland went 8-of-15 from three-point range, and didn’t commit a turnover during the first half.

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Company profile

Name: Oulo.com

Founder: Kamal Nazha

Based: Dubai

Founded: 2020

Number of employees: 5

Sector: Technology

Funding: $450,000

The candidates

Dr Ayham Ammora, scientist and business executive

Ali Azeem, business leader

Tony Booth, professor of education

Lord Browne, former BP chief executive

Dr Mohamed El-Erian, economist

Professor Wyn Evans, astrophysicist

Dr Mark Mann, scientist

Gina MIller, anti-Brexit campaigner

Lord Smith, former Cabinet minister

Sandi Toksvig, broadcaster

 

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Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

Guns N’ Roses’s last gig before Abu Dhabi was in Hong Kong on November 21. We were there – and here’s what they played, and in what order. You were warned.

  • It’s So Easy
  • Mr Brownstone
  • Chinese Democracy
  • Welcome to the Jungle
  • Double Talkin’ Jive
  • Better
  • Estranged
  • Live and Let Die (Wings cover)
  • Slither (Velvet Revolver cover)
  • Rocket Queen
  • You Could Be Mine
  • Shadow of Your Love
  • Attitude (Misfits cover)
  • Civil War
  • Coma
  • Love Theme from The Godfather (movie cover)
  • Sweet Child O’ Mine
  • Wichita Lineman (Jimmy Webb cover)
  • Wish You Were Here (instrumental Pink Floyd cover)
  • November Rain
  • Black Hole Sun (Soundgarden cover)
  • Knockin’ on Heaven’s Door (Bob Dylan cover)
  • Nightrain

Encore:

  • Patience
  • Don’t Cry
  • The Seeker (The Who cover)
  • Paradise City
The%20specs
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Moonfall

Director: Rolan Emmerich

Stars: Patrick Wilson, Halle Berry

Rating: 3/5

The specs

Engine: four-litre V6 and 3.5-litre V6 twin-turbo

Transmission: six-speed and 10-speed

Power: 271 and 409 horsepower

Torque: 385 and 650Nm

Price: from Dh229,900 to Dh355,000

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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The National's picks

4.35pm: Tilal Al Khalediah
5.10pm: Continous
5.45pm: Raging Torrent
6.20pm: West Acre
7pm: Flood Zone
7.40pm: Straight No Chaser
8.15pm: Romantic Warrior
8.50pm: Calandogan
9.30pm: Forever Young

Muguruza's singles career in stats

WTA titles 3

Prize money US$11,128,219 (Dh40,873,133.82)

Wins / losses 293 / 149

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UAE currency: the story behind the money in your pockets