Michael Phelps brought the curtain down on one of sport's most storied careers with a dynamite relay swim to give himself 23 Olympic gold medals and declared it a perfect finale.
The American, far and away the most decorated athlete in Olympic history, finished with five golds and a silver in Rio after signing off in dramatic style, coming to the rescue in the 4x100m medley final.
Turning back the clock in his fifth and final Games, Phelps produced a blistering third leg of butterfly to restore his team’s lead and tee up victory after Britain’s Adam Peaty had threatened to gatecrash his party.
“Getting off the bus and walking to the pool tonight, I pretty much felt myself starting to crack,” confessed Phelps.
“Last warm-up, last time putting on a suit, last time walking out in front of people, representing my country – it’s insane, a lot better than it was four years ago,” added the 31-year-old, who retired after the 2012 London Games before returning for one last hurrah.
More Olympics
• Best of Day 8 in pictures: Elaine Thompson, Monica Puig, Michael Pelps' last hurrah
• Best of Day 7: Almaz Ayana and Katie Ledecky show records made to be broken – like, by a lot
“This is how I wanted to finish my career. I’ve lived a dream come true. Being able to cap it off with these Games is just the perfect way to finish.”
The hullabaloo over the Phelps’ farewell overshadowed the achievement of the women’s 4x100m medley relayers as they captured their country’s 1,000th Olympic medal, according to the United States Olympic committee.
The country’s first medal dates back to 1896, when James Connolly won triple jump gold.
The women’s quartet of Kathleen Baker, Lilly King, Simone Manuel and Dana Vollmer made history, but were made to work.
The Americans, who failed to medal at last year’s world championships, had looked in peril when two-time doping violator Yulia Efimova gave Russia the lead on the breaststroke.
But Vollmer’s butterfly averted a crisis and Manuel brought them home in 3:53.13 almost two seconds ahead of Australia with Denmark taking bronze.
“A 1,000th gold for team USA is a nice number,” said Manuel. “It’s really special. Just sharing that with three other women, it’s the icing on top of the cake.”
Pernille Blume, who swam Denmark’s anchor leg, earlier won gold in the women’s 50m free, inflicting more heartbreak on Australia’s Cate Campbell after her 100m flop.
World champion Gregorio Paltrinieri blazed to gold in the men’s 1,500m in the absence of defending champion Sun Yang, who crushed out in the heats blaming a cold, the Italian smashing a quality field to win in 14:34.57.
Elaine Thompson meanwhile stormed to victory in the women’s 100m to usher in a new era for Jamaican sprinting as the eight-year Olympic reign of compatriot Shelly-Ann Fraser-Pryce came to an end.
Thompson, 24, got off to a flying start and quickly surged to the front to cross in 10.71sec, punching the air before embracing training partner Fraser-Pryce.
Tori Bowie of the United States took silver with 10.83sec while Fraser-Pryce claimed bronze in 10.86.
After Saturday’s race, Thompson revealed she could never have dreamed of upstaging Fraser-Pryce when the Jamaican star landed her first Olympic 100m title in 2008.
“I look up to her so much but I never thought I’d be sitting here today,” said Thompson.
“When I crossed the line and glanced across to see I was clear, didn’t quite know how to celebrate,” she added.
“There is a big screen back home in my community in Jamaica. I can’t imagine what is happening there right now.”
Fraser-Pryce, 29, had been hoping for a hat-trick of 100m titles after gold medals in the 2008 and 2012 Olympic Games.
But it was Thompson who confirmed herself as the standard-bearer of Jamaican women’s sprinting with an imperious display.
“What I’m most happy about is that the 100m title is staying in Jamaica,” said Fraser-Pryce, who raced with her hair dyed in Jamaica’s national colours.
“I’m on the podium with my training partner. I’m proud of Jamaica – just look at my hair,” she added, paying tribute to Thompson.
In the heptathlon, two days of gruelling competition came down to two crucial seconds in the final 800m race, as Belgium’s Nafissatou Thiam usurped Jessica Ennis-Hill as Olympic champion.
At the end of a gripping competition, Thiam went into the two-lap race with a 142-point lead over the defending champion. Given the duo’s personal bests over 800m, that equated to Thiam getting around within 9.47sec of Ennis-Hill to claim victory.
Although the Briton produced a sterling gun-to-tape showing, Thiam came in 7.47sec behind to ensure gold by the narrowest of margins.
“I went into the 800m knowing I had about nine or 10 seconds on Jessica,” said the 21-year-old Thiam, whose gold was only Belgium’s fourth athletics medal and first since 2008.
“I just tried to do my best and have no regrets so I could leave thinking I gave it all.”
Imperious distance runner Mo Farah said he was thrilled to make history after becoming the first British athlete to win three Olympic track golds after defending his 10,000m title on Saturday.
Farah was clipped by American training partner Galen Rupp on lap 10 of the 25-lap race, tumbling to the track but quickly getting back to his feet.
“When I fell I thought the dream was over, I dug deep,” said Farah, who has now racked up eight successive wins in the 5,000m or 10,000m at a World Championships or Olympics since 2011.
“I promised my eldest daughter Rihanna a medal so I couldn’t let her down.
“That’s why I was so emotional at the end, it almost went.”
In tennis, Monica Puig hopes her landmark Olympic gold medal for Puerto Rico will be an inspiration for Latin American women.
Puig made history on Saturday when she defeated Australian Open champion and world No 2 Angelique Kerber 6-4, 4-6, 6-1 in the women’s tennis singles final. It was a first gold for the US territory to add to the island’s modest previous haul of two silver and six bronze. She is also the first Puerto Rican woman to medal at an Olympics.
The title charge was a surprise for a player ranked at 34 in the world and who came into Rio on the back of a couple of first round losses, at Wimbledon and Montreal where she was even defeated by a qualifier.
“I’m really proud to represent Latin America and I hope this can be an inspiration to all Latin women that everything can be done in this life,” said Puig.
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Tax authority targets shisha levy evasion
The Federal Tax Authority will track shisha imports with electronic markers to protect customers and ensure levies have been paid.
Khalid Ali Al Bustani, director of the tax authority, on Sunday said the move is to "prevent tax evasion and support the authority’s tax collection efforts".
The scheme’s first phase, which came into effect on 1st January, 2019, covers all types of imported and domestically produced and distributed cigarettes. As of May 1, importing any type of cigarettes without the digital marks will be prohibited.
He said the latest phase will see imported and locally produced shisha tobacco tracked by the final quarter of this year.
"The FTA also maintains ongoing communication with concerned companies, to help them adapt their systems to meet our requirements and coordinate between all parties involved," he said.
As with cigarettes, shisha was hit with a 100 per cent tax in October 2017, though manufacturers and cafes absorbed some of the costs to prevent prices doubling.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Brief scoreline:
Tottenham 1
Son 78'
Manchester City 0
RESULTS
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Ain Dubai in numbers
126: The length in metres of the legs supporting the structure
1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch
16 A380 Airbuses: The equivalent weight of the wheel rim.
9,000 tonnes: The amount of steel used to construct the project.
5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place
192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.
Jetour T1 specs
Engine: 2-litre turbocharged
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What are the main cyber security threats?
Cyber crime - This includes fraud, impersonation, scams and deepfake technology, tactics that are increasingly targeting infrastructure and exploiting human vulnerabilities.
Cyber terrorism - Social media platforms are used to spread radical ideologies, misinformation and disinformation, often with the aim of disrupting critical infrastructure such as power grids.
Cyber warfare - Shaped by geopolitical tension, hostile actors seek to infiltrate and compromise national infrastructure, using one country’s systems as a springboard to launch attacks on others.
Teachers' pay - what you need to know
Pay varies significantly depending on the school, its rating and the curriculum. Here's a rough guide as of January 2021:
- top end schools tend to pay Dh16,000-17,000 a month - plus a monthly housing allowance of up to Dh6,000. These tend to be British curriculum schools rated 'outstanding' or 'very good', followed by American schools
- average salary across curriculums and skill levels is about Dh10,000, recruiters say
- it is becoming more common for schools to provide accommodation, sometimes in an apartment block with other teachers, rather than hand teachers a cash housing allowance
- some strong performing schools have cut back on salaries since the pandemic began, sometimes offering Dh16,000 including the housing allowance, which reflects the slump in rental costs, and sheer demand for jobs
- maths and science teachers are most in demand and some schools will pay up to Dh3,000 more than other teachers in recognition of their technical skills
- at the other end of the market, teachers in some Indian schools, where fees are lower and competition among applicants is intense, can be paid as low as Dh3,000 per month
- in Indian schools, it has also become common for teachers to share residential accommodation, living in a block with colleagues
Trolls World Tour
Directed by: Walt Dohrn, David Smith
Starring: Anna Kendrick, Justin Timberlake
Rating: 4 stars
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