Sri Lanka's Nuwan Pradeep bowls on Day 1 of the second Test against New Zealand in Wellington on Saturday. Marty Melville / AFP / January 3, 2014
Sri Lanka's Nuwan Pradeep bowls on Day 1 of the second Test against New Zealand in Wellington on Saturday. Marty Melville / AFP / January 3, 2014
Sri Lanka's Nuwan Pradeep bowls on Day 1 of the second Test against New Zealand in Wellington on Saturday. Marty Melville / AFP / January 3, 2014
Sri Lanka's Nuwan Pradeep bowls on Day 1 of the second Test against New Zealand in Wellington on Saturday. Marty Melville / AFP / January 3, 2014

Nuwan Pradeep and Sri Lanka cut down New Zealand to 221, then stumble to 78-5


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Sri Lanka veteran Kumar Sangakkara became the fifth cricketer to surpass 12,000 runs and fast bowler Nuwan Pradeep took 4-63 to help the visitors dismiss New Zealand for 221 on the opening day of the second Test on Saturday.

Sri Lanka sought to reassert themselves after losing the first Test in the two-match series at Christchurch by sending the hosts to bat first on a green pitch at Basin Reserve and claiming New Zealand’s last eight wickets for 81 runs.

But the tourists couldn’t build on the momentum at bat, losing five wickets for 78 runs at the start of their innings before stumps.

Sangakkara, who was 33 not out at stumps, started the first Test in Christchurch needing 12 runs to reach the 12,000-run milestone but was out for 6 and 1, delaying his admission to an elite group whose members include Sachin Tendulkar, Ricky Ponting, Jacques Kallis and Rahul Dravid.

He comfortably reached the number on Saturday, but as he did, Sri Lanka’s innings began to disintegrate around him with the rapid dismissals of Dimuth Karunaratne (16), Kaushal Silva (5), Lahiru Thirimanne (0), Angelo Mathews (15) and Prasanne Jayawardene (6).

New Zealand had fared similarly in their innings. The hosts were in a strong position at 141-2 shortly after lunch, but their innings unravelled quickly following the dismissals of Ross Taylor for 35, top-scorer Kane Williamson for 69 and captain Brendon McCullum for a two-ball duck.

Pradeep shared seven wickets with Suranga Lakmal (3-71) as Sri Lanka swung the momentum their way temporarily in the session between lunch and tea.

McCullum was attempting to follow up his match-winning innings of 195 in the first Test on the grounds where he scored 302 against India 11 months ago. After receiving the keys to the city of Wellington in recognition of his triple century, he arrived at the crease Saturday to a raucous ovation and left six minutes later to muted applause.

Pradeep missed the first Test at Christchurch, but rejoined the team as one of three changes to the Sri Lanka line-up. He was able to make good use of a green pitch that offered seam movement to beat his previous test best of 4-123. He’s now taken 18 wickets in nine Tests.

Many of the dismissals throughout the day looked similar. McCullum, Taylor, Williamson and Silva were all out chopping the ball onto their own stumps. Silva was the most unfortunate, playing a defensive push and then failing to react when the ball spun backward and bounced onto the bails.

New Zealand lost both openers – Tom Latham (6) and Hamish Rutherford (37) – before lunch to catches by wicketkeeper Prasana Jayawardene. Jayawardene also later caught Jimmy Neesham for 15.

Neesham avenged his dismissal in Sri Lanka’s innings by taking two catches at slip of Doug Bracewell to remove both Jayawardene (6) and Dimuth Karunaratne (16). New Zealand seamer Trent Boult also dismissed Karunaratne for the third straight innings after taking him out in both innings at Christchurch.

Thirimanne fell for a duck to Bracewell, who replaced Neil Wagner in the New Zealand line-up and captured 3-23.

“On a pretty scratchy wicket, I think the boys did well to hang in there to get so many runs on the board,” Boult said. “We knew the wicket was going to do enough and to get them five down for 78, 15 wickets in the day, made it a pretty successful day.”

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Tributes from the UAE's personal finance community

• Sebastien Aguilar, who heads SimplyFI.org, a non-profit community where people learn to invest Bogleheads’ style

“It is thanks to Jack Bogle’s work that this community exists and thanks to his work that many investors now get the full benefits of long term, buy and hold stock market investing.

Compared to the industry, investing using the common sense approach of a Boglehead saves a lot in costs and guarantees higher returns than the average actively managed fund over the long term. 

From a personal perspective, learning how to invest using Bogle’s approach was a turning point in my life. I quickly realised there was no point chasing returns and paying expensive advisers or platforms. Once money is taken care off, you can work on what truly matters, such as family, relationships or other projects. I owe Jack Bogle for that.”

• Sam Instone, director of financial advisory firm AES International

"Thought to have saved investors over a trillion dollars, Jack Bogle’s ideas truly changed the way the world invests. Shaped by his own personal experiences, his philosophy and basic rules for investors challenged the status quo of a self-interested global industry and eventually prevailed.  Loathed by many big companies and commission-driven salespeople, he has transformed the way well-informed investors and professional advisers make decisions."

• Demos Kyprianou, a board member of SimplyFI.org

"Jack Bogle for me was a rebel, a revolutionary who changed the industry and gave the little guy like me, a chance. He was also a mentor who inspired me to take the leap and take control of my own finances."

• Steve Cronin, founder of DeadSimpleSaving.com

"Obsessed with reducing fees, Jack Bogle structured Vanguard to be owned by its clients – that way the priority would be fee minimisation for clients rather than profit maximisation for the company.

His real gift to us has been the ability to invest in the stock market (buy and hold for the long term) rather than be forced to speculate (try to make profits in the shorter term) or even worse have others speculate on our behalf.

Bogle has given countless investors the ability to get on with their life while growing their wealth in the background as fast as possible. The Financial Independence movement would barely exist without this."

• Zach Holz, who blogs about financial independence at The Happiest Teacher

"Jack Bogle was one of the greatest forces for wealth democratisation the world has ever seen.  He allowed people a way to be free from the parasitical "financial advisers" whose only real concern are the fat fees they get from selling you over-complicated "products" that have caused millions of people all around the world real harm.”

• Tuan Phan, a board member of SimplyFI.org

"In an industry that’s synonymous with greed, Jack Bogle was a lone wolf, swimming against the tide. When others were incentivised to enrich themselves, he stood by the ‘fiduciary’ standard – something that is badly needed in the financial industry of the UAE."

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The biog

Hobbies: Salsa dancing “It's in my blood” and listening to music in different languages

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Favourite food: “I'm a vegetarian, so I can't get enough of salad.”

Favourite film:  “I love watching documentaries, and am fascinated by nature, animals, human anatomy. I love watching to learn!”

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Types of policy

Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.

Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.

Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.

Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.

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SPECS

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Price: From Dh599,000
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The biog

Family: wife, four children, 11 grandchildren, 16 great-grandchildren

Reads: Newspapers, historical, religious books and biographies

Education: High school in Thatta, a city now in Pakistan

Regrets: Not completing college in Karachi when universities were shut down following protests by freedom fighters for the British to quit India 

 

Happiness: Work on creative ideas, you will also need ideals to make people happy

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Padmaavat

Director: Sanjay Leela Bhansali

Starring: Ranveer Singh, Deepika Padukone, Shahid Kapoor, Jim Sarbh

3.5/5

Expert advice

“Join in with a group like Cycle Safe Dubai or TrainYAS, where you’ll meet like-minded people and always have support on hand.”

Stewart Howison, co-founder of Cycle Safe Dubai and owner of Revolution Cycles

“When you sweat a lot, you lose a lot of salt and other electrolytes from your body. If your electrolytes drop enough, you will be at risk of cramping. To prevent salt deficiency, simply add an electrolyte mix to your water.”

Cornelia Gloor, head of RAK Hospital’s Rehabilitation and Physiotherapy Centre 

“Don’t make the mistake of thinking you can ride as fast or as far during the summer as you do in cooler weather. The heat will make you expend more energy to maintain a speed that might normally be comfortable, so pace yourself when riding during the hotter parts of the day.”

Chandrashekar Nandi, physiotherapist at Burjeel Hospital in Dubai
 

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

The biog

Favourite pet: cats. She has two: Eva and Bito

Favourite city: Cape Town, South Africa

Hobby: Running. "I like to think I’m artsy but I’m not".

Favourite move: Romantic comedies, specifically Return to me. "I cry every time".

Favourite spot in Abu Dhabi: Saadiyat beach

Info

What: 11th edition of the Mubadala World Tennis Championship

When: December 27-29, 2018

Confirmed: men: Novak Djokovic, Rafael Nadal, Kevin Anderson, Dominic Thiem, Hyeon Chung, Karen Khachanov; women: Venus Williams

Tickets: www.ticketmaster.ae, Virgin megastores or call 800 86 823

The End of Loneliness
Benedict Wells
Translated from the German by Charlotte Collins
Sceptre