After coining and exporting the word schadenfreude, it has been the Germans' hard luck that others often have delighted in their misfortunes. Not that there have been many; this is a country that has reached the last eight of every World Cup since 1954. Amid the inevitable delight at their defeat, the setback to Serbia merits sympathy.
Joachim Loew's side were the victims of a startlingly bad refereeing performance by Alberto Undiano, the pernickety Spaniard. In a tournament where the standard of officiating has been high, this was an unwanted exception. Undiano's nadir may have come when he penalised Thomas Muller for an audacious overhead kick that was cleared off the line. The pivotal decisions, however, came at Miroslav Klose's expense as he was dismissed for two innocuous fouls that Undiano deemed bookable offences.
Thereafter, Philipp Lahm was punished for winning the ball and ignored when he was fouled and Mario Gomez was denied a penalty when Dejan Stankovic kicked him in the box. It was an occasion when the Germans could be forgiven for feeling persecuted. But theirs was an intelligent and imaginative answer to adversity. Loew's boldness extends beyond his choice of outfit. Down to 10 men, his response appeared one of idleness, but proved one of excellence. He did nothing. Or, to be more accurate, with Klose's expulsion, he operated without a centre forward. Mesut Ozil, the playmaker, became the man stationed furthest forward, but he rarely went in direct opposition to Nemanja Vidic and Neven Subotic, the Serbian central defenders.
Instead, a seemingly negative 4-4-1-0 formation proved positive. Ozil dropped deeper and allowed others to surge beyond him. Wherever he roamed, he proved a pivot for attacks. His incisive diagonal ball played Lukas Podolski in on goal; the finish was less precise. A second, short ball, afforded the winger the chance to thrash the ball into the side-netting. Had Podolski converted a penalty, a deserved point would have been secured.
It was won, albeit indirectly, by Sami Khedira, the energetic box-to-box midfielder who pressurised Vidic into handling a cross. The Stuttgart player made a series of intelligent runs into the Serbia area and, with a rasping half-volley, struck the cross bar. Like Ozil, he is of Turkish heritage; like Ozil, he should have a lengthy and lustrous future in the Germany side. Ozil has a precocious awareness, the priceless ability to judge time and space and an innate understanding of the game. He is the sort of footballer who plays the game at his own pace.
Whereas Podolski confounded the stereotype that Germans never miss from 12 yards, Ozil is showing that the cliché of machine-like efficiency ignores the artistry the machine can produce. It is an image that even seems to fool some of their most-capped players. "In Mesut Ozil, we have the No 10 we have been missing for some years," said the injured Michael Ballack in his column in The Times of London. Some years, yes, perhaps including the whole of Ballack's distinguished international career. But not the preceding decade. Lothar Matthaus, Andreas Moller, Thomas Hassler, Pierre Littbarski, Stefan Effenberg, Thomas Doll and Matthias Sammer were all capable of creativity. Each could pick a pass with enviable accuracy.
Where Germany erred yesterday, besides wasting a World Cup penalty for the first time since Uli Hoeness was thwarted from the spot by Poland in 1974, was in Ozil's removal. With 20 minutes to go, and the creator seemingly tiring, conventional wisdom took over and on came Cacau, an orthodox forward. However, he struggled to get into a game his predecessor had run. A starting role beckons for him in Wednesday's crunch game with Ghana when Klose will be banned. The form of Holger Badstuber, the left-back, targeted ruthlessly by Milos Krasic, the midfielder, represents a cause for concern. Yet there are depressing defeats and laudable losses. This belongs in the latter category. Germany are down, but they should not be too downhearted.
sports@thenational.ae
Company%20profile
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Dengue%20fever%20symptoms
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SPECS
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How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Company%20profile
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MEDIEVIL%20(1998)
%3Cp%3E%3Cstrong%3EDeveloper%3A%3C%2Fstrong%3E%20SCE%20Studio%20Cambridge%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Sony%20Computer%20Entertainment%3Cbr%3E%3Cstrong%3EConsole%3A%3C%2Fstrong%3E%20PlayStation%2C%20PlayStation%204%20and%205%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A
COMPANY%20PROFILE
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if you go
Getting there
Etihad (Etihad.com), Emirates (emirates.com) and Air France (www.airfrance.com) fly to Paris’ Charles de Gaulle Airport, from Abu Dhabi and Dubai respectively. Return flights cost from around Dh3,785. It takes about 40 minutes to get from Paris to Compiègne by train, with return tickets costing €19. The Glade of the Armistice is 6.6km east of the railway station.
Staying there
On a handsome, tree-lined street near the Chateau’s park, La Parenthèse du Rond Royal (laparenthesedurondroyal.com) offers spacious b&b accommodation with thoughtful design touches. Lots of natural woods, old fashioned travelling trunks as decoration and multi-nozzle showers are part of the look, while there are free bikes for those who want to cycle to the glade. Prices start at €120 a night.
More information: musee-armistice-14-18.fr ; compiegne-tourisme.fr; uk.france.fr
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Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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.”
MATCH INFO
Watford 1 (Deulofeu 80' p)
Chelsea 2 (Abraham 5', Pulisic 55')