Philippe Coutinho shrugged off his transfer disappointment with a goal as Brazil beat Ecuador to guarantee top spot in South America's 2018 World Cup qualifying race on Thursday while Chile and Argentina stumbled once more.
Liverpool star Coutinho, who had seen his hopes of a dream move to Barcelona dashed earlier on Thursday as the transfer window slammed shut with no agreement, produced a scintillating second-half display in a 2-0 victory over Ecuador in Porto Alegre.
The 25-year-old player has not played for Liverpool this season, officially sidelined by a back problem as the intrigue over a move to the Camp Nou swirled.
However Coutinho showed no sign of injury after coming on for Renato Augusto in the second half, enlivening the hosts after a goalless first 45 minutes before a restless home crowd in Porto Alegre.
New Barcelona signing Paulinho opened the scoring for Brazil, lashing home from close range in the 69th minute after Willian's corner.
Coutinho then fashioned Brazil's second, playing Manchester City's Gabriel Jesus into space behind the Ecuador back four with a lofted pass.
Jesus wrongfooted the covering Ecuador defence with a sublime flick and then headed into the path of Coutinho who finished emphatically.
Watch goal here
The win was Brazil's ninth consecutive qualifying victory and gives the five-time World Cup winners an 11-point cushion with three games remaining, meaning they cannot now be overhauled at the top of the table.
The top four teams in South America's round-robin competition qualify automatically for next year's finals in Russia, with the fifth-placed team facing a play-off.
The scramble for automatic qualifying spots promises to go down to the wire, with only two points separating second-placed Colombia (25 points) and fifth-placed Argentina (23 points).
Paraguay also thrust themselves into contention with arguably the performance of the day on Thursday, a 3-0 away win over Chile in Santiago.
Also read:
Japan proud to bounce back from UAE defeat to qualify for World Cup
The defeat capped a miserable 24 hours for Chile's unsettled Arsenal star Alexis Sanchez.
Like Coutinho, Sanchez had also seen his hopes of a transfer evaporate on Thursday, with a mooted move to Manchester City stalling.
Sanchez barely featured in a disappointing display by the Chileans, who fell behind after midfield talisman Arturo Vidal scored a spectacular headed own goal in the first half to put Paraguay ahead.
Further goals from Victor Caceres and Richard Ortiz sealed a deserved win for Paraguay, who moved up to sixth spot with 21 points - just two points behind Argentina, who remain in fifth place.
Argentina meanwhile endured another frustrating outing after being held to a 0-0 draw by Uruguay in Montevideo.
Argentina dominated the early exchanges but their challenge fizzled out in a dreary second-half display littered with fouls on both sides.
For Uruguay, the quicker-than-expected return of Luis Suarez - just two weeks after a knee injury - could not invigorate their attack.
Highlights from the draw
Suarez authored one of Uruguay's best chances late in the first half after Edinson Cavani pounced on an Argentina slip near halfway and passed to the Barcelona star.
Suarez looked up and attempted an audacious lob from 40 yards as Argentina goalkeeper Sergio Romero backpedalled, only for the ball to fly just over.
The draw means Uruguay remain in third place in the standings on 24 points, one behind second-placed Colombia, who were held to a 0-0 draw against already-eliminated Venezuela in San Cristobal.
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Manchester City 2
Sterling (8'), Walker (52')
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BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
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Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Results
Men's finals
45kg:Duc Le Hoang (VIE) beat Zolfi Amirhossein (IRI) points 29-28. 48kg: Naruephon Chittra (THA) beat Joseph Vanlalhruaia (IND) TKO round 2.
51kg: Sakchai Chamchit (THA) beat Salam Al Suwaid (IRQ) TKO round 1. 54kg: Veerasak Senanue (THA) beat Huynh Hoang Phi (VIE) 30-25.
57kg: Almaz Sarsembekov (KAZ) beat Tak Chuen Suen (MAC) RSC round 3. 60kg: Yerkanat Ospan (KAZ) beat Ibrahim Bilal (UAE) 30-27.
63.5kg: Abil Galiyev (KAZ) beat Nouredine Samir (UAE) 29-28. 67kg: Narin Wonglakhon (THA) beat Mohammed Mardi (UAE) 29-28.
71kg: Amine El Moatassime (UAE) w/o Shaker Al Tekreeti (IRQ). 75kg: Youssef Abboud (LBN) w/o Ayoob Saki (IRI).
81kg: Ilyass Habibali (UAE) beat Khaled Tarraf (LBN) 29-28. 86kg: Ali Takaloo (IRI) beat Emil Umayev (KAZ) 30-27.
91kg: Hamid Reza Kordabadi (IRI) beat Mohamad Osaily (LBN) RSC round 1. 91-plus kg: Mohammadrezapoor Shirmohammad (IRI) beat Abdulla Hasan (IRQ) 30-27.
Women's finals
45kg: Somruethai Siripathum (THA) beat Ha Huu Huynh (VIE) 30-27. 48kg: Thanawan Thongduang (THA) beat Colleen Saddi (PHI) 30-27.
51kg: Wansawang Srila Or (THA) beat Thuy Phuong Trieu (VIE) 29-28. 54kg: Ruchira Wongsriwo (THA) beat Zeinab Khatoun (LBN) 30-26.
57kg: Sara Idriss (LBN) beat Zahra Nasiri Bargh (IRI) 30-27. 60kg: Kaewrudee Kamtakrapoom (THA) beat Sedigheh Hajivand (IRI) TKO round 2.
63.5kg: Nadiya Moghaddam (IRI) w/o Reem Al Issa (JOR).
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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.”
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The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan