Before the NBA season, the Milwaukee Bucks were supposed to be all about youth and development.
They boasted one of the game’s most exciting young players, Giannis Antetokounmpo. They had the second pick from the 2014 draft, the highly-rated Jabari Parker. And they were the owners of potential-filled big men like Larry Sanders and John Henson.
The future could rightly be considered bright in Milwaukee, but not a whole lot was expected of the Bucks right now.
As it turns out, though, the future is taking a back seat to the here and now.
A cast of unheralded veterans has coalesced into a team in a surprisingly comfortable play-off position in the East, the conference’s sixth seed. Meanwhile the early loss of Parker to a season-ending injury and a current lengthy suspension for Sanders for violating the league’s drug policy hasn’t slowed down the Bucks, in the midst of a 6-1 run that includes wins over Miami, Portland and Toronto.
The Bucks have a kind of bizarro 2013/14 Phoenix Suns feel to them. Their surprisingly strong squad is, rather than riding a frenetic and effective offence to prominence like last year’s Suns, simply playing some of the best defence in basketball.
In fact, Milwaukee’s defence is the second best in the NBA by efficiency, with the Bucks allowing just 99.1 points per 100 possessions.
They can thank players like Khris Middleton, a third-year guard who was a second-round pick of the Pistons in 2012 and included as a kind of afterthought in the Brandon Jennings for Brandon Knight swap in July 2013. He’s arguably been their best player, with Milwaukee allowing a team-low 95.1 points per 100 possessions when he’s on the court and 103.2 points per 100 when he’s absent.
Or thank Knight himself, the eighth overall pick in the 2011 draft who was a defensive disaster with Detroit before they dealt him for Milwaukee’s own defensively challenged 2009 lottery pick point guard, Jennings.
Now Knight is chipping in with the best defence of his career while prodding along an offence susceptible to getting gummed up from time to time with 17.9 points per game at career best shooting figures (43.7 per cent field goal; an excellent 41.2 per cent from three).
There’s Jared Dudley, hitting 42.1 per cent from three and playing strong defence after catching on with the Bucks when the Clippers sacrificed a first round pick to Milwaukee to unload his contract.
There’s Jerryd Bayless and OJ Mayo, highly-rated score-first guards when they entered the league years ago and then disappointed, bounced around and landed in Milwaukee’s open arms – both enjoying some of the best defensive play of their careers.
And of course, there is Henson and Antetokounmpo, with the former using his insane length to develop nicely into a traditional deterrent inside and the latter using his even more insane length to develop into a stopper on the wings.
Sanders, before his suspension, and Zaza Pachulia, before a recent string of absences with injury, were also in part responsible for the Bucks being the eighth-best team in the league at forcing missed shots near the basket (50.5 opponents field goal percentage in that area).
Outside, their opponents three-point percentage (32.8) is third-best in the NBA and their opponents overall shooting percentage (43.4) is fourth-best in basketball.
"It's hard for opposing teams to execute because we're so long," Antetokounmpo told the Milwaukee Journal-Sentinel after the Bucks' win over the Raptors on February 2.
There’s something to that. Their big men (Henson, 6ft 11in; Pachulia, 6ft 11in; and Sanders, 6ft 11in) are all, indeed, big – and intimidating inside.
Antetokounmpo is a 6ft 11in, speedy and long nightmare the likes of which have rarely been seen in the NBA. Dudley and Middleton are both 6ft 7in and at times able to shift to guarding smaller two-guards with Antetokounmpo taking caring of opposing forwards. Mayo is 6ft 5in and even their point guards, Knight and Bayless, are a healthy 6ft 3in.
Much talk has drifted around basketball in recent years of trying to assemble a team that can play “positionless basketball”. It’s practically the nuclear fusion of the sport.
But that discussion has usually centered around offence – building a team of skilled, big players who can all dribble, pass and shoot.
The Bucks, though, are doing something kind of like that with their defence – employing a roster of big, long players who can shift between guarding 2-3 positions. Antetokounmpo and Henson are quick enough to guard smaller opponents; Dudley and Bayless and Mayo tough enough to guard bigger ones. And so on.
Coach Jason Kidd deserves some of the credit, as well, for bringing this squad together. He was an all-time great defensive point guard in his playing days and is generally known to preach its importance now as a coach.
"It's about teaching," he told USA Today last month. "Playing hard, playing defence, playing start to finish.
“Guys are doing that, and it’s fun to watch, fun to be around and fun to teach.”
The Bucks also aren’t old, with their core group of young talents ranging from 19 (Parker), including Knight and Middleton and Anteotokounmpo, to 24 (Henson). Only Pachulia (30) and Dudley (29) are any older than 27 among their regulars.
Antetokounmpo in particular has as much potential as anyone in the league and Middleton has blossomed into something almost like a fringe all-star this season. Parker will only add another dimension to that next season.
For right now, though, what the Bucks have is itself enough to constitute one of the most interesting teams in the league.
The old axiom is that defence wins championships – the Bucks aren’t that good enough to dream that big yet, but the foundation seems solidly in place.
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PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
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.”
'Shakuntala Devi'
Starring: Vidya Balan, Sanya Malhotra
Director: Anu Menon
Rating: Three out of five stars
Killing of Qassem Suleimani
The specs
Engine: 5.0-litre V8
Power: 480hp at 7,250rpm
Torque: 566Nm at 4,600rpm
Transmission: 10-speed auto
Fuel consumption: L/100km
Price: Dh306,495
On sale: now
The White Lotus: Season three
Creator: Mike White
Starring: Walton Goggins, Jason Isaacs, Natasha Rothwell
Rating: 4.5/5
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UAE currency: the story behind the money in your pockets
Company%C2%A0profile
%3Cp%3ECompany%3A%20Zywa%3Cbr%3EStarted%3A%202021%3Cbr%3EFounders%3A%20Nuha%20Hashem%20and%20Alok%20Kumar%3Cbr%3EBased%3A%20UAE%3Cbr%3EIndustry%3A%20FinTech%3Cbr%3EFunding%20size%3A%20%243m%3Cbr%3ECompany%20valuation%3A%20%2430m%3C%2Fp%3E%0A
ENGLAND TEAM
England (15-1)
George Furbank; Jonny May, Manu Tuilagi, Owen Farrell (capt), Elliot Daly; George Ford, Ben Youngs; Tom Curry, Sam Underhill, Courtney Lawes; Charlie Ewels, Maro Itoje; Kyle Sinckler, Jamie George, Joe Marler
Replacements: Luke Cowan-Dickie, Ellis Genge, Will Stuart, George Kruis, Lewis Ludlam, Willi Heinz, Ollie Devoto, Jonathan Joseph
The bio
Academics: Phd in strategic management in University of Wales
Number one caps: His best-seller caps are in shades of grey, blue, black and yellow
Reading: Is immersed in books on colours to understand more about the usage of different shades
Sport: Started playing polo two years ago. Helps him relax, plus he enjoys the speed and focus
Cars: Loves exotic cars and currently drives a Bentley Bentayga
Holiday: Favourite travel destinations are London and St Tropez
UAE currency: the story behind the money in your pockets
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A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
UFC%20FIGHT%20NIGHT%3A%20SAUDI%20ARABIA%20RESULTS
%3Cp%3E%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMain%20card%3Cbr%3EMiddleweight%3A%3C%2Fstrong%3E%0D%3Cbr%3ERobert%20Whittaker%20defeated%20Ikram%20Aliskerov%20via%20knockout%20(Round%201)%0D%3Cbr%3E%3Cstrong%3EHeavyweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EAlexander%20Volkov%20def%20Sergei%20Pavlovich%20via%20unanimous%20decision%0D%3Cbr%3E%3Cstrong%3EMiddleweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EKelvin%20Gastelum%20def%20Daniel%20Rodriguez%20via%20unanimous%20decision%0D%3Cbr%3E%3Cstrong%3EMiddleweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EShara%20Magomedov%20def%20Antonio%20Trocoli%20via%20knockout%20(Round%203)%0D%3Cbr%3E%3Cstrong%3ELight%20heavyweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EVolkan%20Oezdemir%20def%20Johnny%20Walker%20via%20knockout%20(Round%201)%0D%3Cbr%3E%3Cstrong%3EPreliminary%20Card%0D%3Cbr%3ELightweight%3A%3C%2Fstrong%3E%0D%3Cbr%3ENasrat%20Haqparast%20def%20Jared%20Gordon%20via%20split%20decision%0D%3Cbr%3E%3Cstrong%3EFeatherweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EFelipe%20Lima%20def%20Muhammad%20Naimov%20via%20submission%20(Round%203)%0D%3Cbr%3E%3Cstrong%3EWelterweight%3A%3C%2Fstrong%3E%0D%3Cbr%3ERinat%20Fakhretdinov%20defeats%20Nicolas%20Dalby%20via%20split%20decision%0D%3Cbr%3E%3Cstrong%3EBantamweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EMuin%20Gafurov%20def%20Kang%20Kyung-ho%20via%20unanimous%20decision%0D%3Cbr%3E%3Cstrong%3ELight%20heavyweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EMagomed%20Gadzhiyasulov%20def%20Brendson%20Ribeiro%20via%20majority%20decision%0D%3Cbr%3E%3Cstrong%3EBantamweight%3A%3C%2Fstrong%3E%0D%3Cbr%3EChang%20Ho%20Lee%20def%20Xiao%20Long%20via%20split%20decision%3C%2Fp%3E%0A
THE SPECS
Engine: 1.6-litre turbo
Transmission: six-speed automatic
Power: 165hp
Torque: 240Nm
Price: From Dh89,000 (Enjoy), Dh99,900 (Innovation)
On sale: Now
PROFILE OF CURE.FIT
Started: July 2016
Founders: Mukesh Bansal and Ankit Nagori
Based: Bangalore, India
Sector: Health & wellness
Size: 500 employees
Investment: $250 million
Investors: Accel, Oaktree Capital (US); Chiratae Ventures, Epiq Capital, Innoven Capital, Kalaari Capital, Kotak Mahindra Bank, Piramal Group’s Anand Piramal, Pratithi Investment Trust, Ratan Tata (India); and Unilever Ventures (Unilever’s global venture capital arm)
FIRST TEST SCORES
England 458
South Africa 361 & 119 (36.4 overs)
England won by 211 runs and lead series 1-0
Player of the match: Moeen Ali (England)
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
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The users of Reddit
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Scores
Rajasthan Royals 160-8 (20 ov)
Kolkata Knight Riders 163-3 (18.5 ov)
Countries offering golden visas
UK
Innovator Founder Visa is aimed at those who can demonstrate relevant experience in business and sufficient investment funds to set up and scale up a new business in the UK. It offers permanent residence after three years.
Germany
Investing or establishing a business in Germany offers you a residence permit, which eventually leads to citizenship. The investment must meet an economic need and you have to have lived in Germany for five years to become a citizen.
Italy
The scheme is designed for foreign investors committed to making a significant contribution to the economy. Requires a minimum investment of €250,000 which can rise to €2 million.
Switzerland
Residence Programme offers residence to applicants and their families through economic contributions. The applicant must agree to pay an annual lump sum in tax.
Canada
Start-Up Visa Programme allows foreign entrepreneurs the opportunity to create a business in Canada and apply for permanent residence.
COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Living in...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
End of free parking
- paid-for parking will be rolled across Abu Dhabi island on August 18
- drivers will have three working weeks leeway before fines are issued
- areas that are currently free to park - around Sheikh Zayed Bridge, Maqta Bridge, Mussaffah Bridge and the Corniche - will now require a ticket
- villa residents will need a permit to park outside their home. One vehicle is Dh800 and a second is Dh1,200.
- The penalty for failing to pay for a ticket after 10 minutes will be Dh200
- Parking on a patch of sand will incur a fine of Dh300
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company