LAS VEGAS, United States // Nearly two years later, Manny Pacquiao finally got the decision most people thought he deserved the first time against Timothy Bradley.
Pacquiao won a unanimous decision in his rematch with Bradley on Saturday night, avenging his 2012 loss and claiming the WBO welterweight title.
Pacquiao (56-5-2) pursued and peppered the previously unbeaten Bradley around the MGM Grand Garden ring with an aggressive effort occasionally recalling the Pacman in his prime. Bradley fought back with counterpunching and elusiveness, but Pacquiao kept up his attack while Bradley (31-1) struggled down the stretch.
In the same arena where the fighters met for their first bout, Pacquiao left little doubt about the result – although that is what he thought last time, too. Bradley’s split-decision victory astonished most ringside observers, who felt Pacquiao had earned a clear decision.
“I knew I had to do more in this fight than I did in the last fight,” Pacquiao said.
Judges Craig Metcalfe and Michael Pernick scored the rematch 116-112 for Pacquiao, while Glenn Trowbridge favored the Filipino congressman 118-110. The Associated Press scored it 116-112 for Pacquiao.
After the fight, Bradley said he injured his right calf early on. But he also applauded the decision when it was announced, and he congratulated Pacquiao in the ring.
“I tried, I really tried,” Bradley said. “I wanted that knock-out. Manny is a great fighter, one of the best in the world. I lost to one of the greatest fighters in boxing. I kept trying to throw something over the top. That’s what we worked on in camp. That was the plan, but Pacquiao has great footwork.”
Pacquiao landed 35 per cent of his 563 punches, while Bradley connected with just 22 per cent of his 627 blow. Pacquiao’s jab was much more effective, landing 23 per cent to Bradley’s measly 11 per cent, and the Pacman had a slight edge in landing 148 power punches to Bradley’s 109.
Pacquiao’s performance righted one of the biggest perceived wrongs in recent boxing history. Pacquiao was an eight-division world champion on 15-fight winning streak when Bradley was awarded a split decision in their last bout.
Pacquiao was more aggressive and accurate from the opening minutes of the rematch, sticking to trainer Freddie Roach’s pleas to take the action to Bradley. They exchanged big shots in the opening rounds, but Pacquiao appeared to wear out Bradley with the heavy early pace – and the Pacman never slowed down.
“I didn’t want to get careless,” Pacquiao said. “I picked up more steam in the second half when I made adjustments that Freddie gave me in the corner. Bradley was much better than in the first fight we had. He hurt me on the chin.”
Although Pacquiao could not knock down Bradley, he answered the questions raised by Bradley about his killer instinct with a consistent attack all night. Bradley could not match that consistent aggression with counterpunching, apparently trying and failing to catch Pacquiao out of position.
“It looked to me like Bradley was just going for a one-punch home run,” Roach said.
The arena was crackling with energy when both fighters made their ring walks, with Pacquiao in the unusual position of going first as the challenger.
Pacquiao landed a series of big left hands in the early rounds, knocking back Bradley with gusto. Bradley responded impressively in the fourth round, wobbling Pacquiao twice with a right hand.
The pace slowed in the fifth, with Bradley showing off his defence and movement while Pacquiao attempted to trap him against the ropes.
Pacquiao appeared to stagger Bradley late in the seventh round with a vicious combination, but Bradley stood with his back against the ropes and defiantly encouraged it, blocking most of the shots. Bradley appeared to pretend to have wobbly legs at one point after a Pacquiao miss, but his open mouth betrayed his weariness while Pacquiao steadily racked up rounds midway through the fight.
Bradley came on strong in the 12th, and the fighters’ heads collided late in the round. Pacquiao avoided any trouble until the final bell, when he did a short dance step to his corner.
While Bradley remains publicly confident he beat Pacquiao in their first bout despite fighting on two injured feet, that much-derided decision sent both fighters’ careers on wild spirals.
The two judges who scored the bout 115-113 for Bradley are no longer in the boxing business, but their decision ended Pacquiao’s 15-fight win streak and forced Bradley to defend himself against widespread criticism of the result.
Bradley endured death threats and depression before returning to the ring in unusually reckless style. He brawled with Ruslan Provodnikov in March 2013 in a sensational unanimous-decision victory that silenced critics of his style and heart. Bradley then outpointed veteran Mexican champion Juan Manuel Marquez last fall, polishing his skills and making himself attractive to Pacquiao for a rematch.
Pacquiao was knocked unconscious by Marquez in the sixth round of their fourth fight in late 2012, and he took nearly a year off before returning for a workmanlike victory over Brandon Rios last fall. Pacquiao’s last two performances prompted Bradley to declare Pacquiao had lost his killer instinct, noting he was unable or unwilling to stop any of his opponents since late 2009.
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Conflict, drought, famine
Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.
Band Aid
Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.
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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.”
More on Palestine-Israeli relations
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