"Sport has the power to change the world, the power to inspire, the power to unite people in a way that little else can ... sport can create hope ... it is an instrument for peace." Nelson Mandela.
With the phoney war that traditionally precedes any British General Election well and truly engaged, it comes as no surprise that David Cameron, the Conservative leader, has turned to sport as a potential vote winner. Although raised on the playing fields of Eton where rugby union and cricket are the most popular activities, the Tory toff has been striving to present himself as an ordinary working bloke whose favourite sporting pastime is darts.
"I was switching on the Christmas lights in my Oxfordshire constituency one year," he revealed, "and they clearly felt - quite rightly - that a member of Parliament wasn't important enough to do it alone. So they invited former darts world champions John Lowe, Eric Bristow and Keith Deller along to help me. I was a bit star-struck."
It is a true devotion, claim his Shadow Cabinet colleagues, who point to the dart board (a gift from Deller) in Cameron's office in the House of Commons as proof of his devotion to the arrows, even though he "does not pretend to be any good". Cor blimey, Dave, next you would have us believe that when not taking aim on the oche you don a flat cap and make your way out to Walthamstow for a night's greyhound racing.
Pardon my cynicism, but is the dart-loving Cameron not the same politician who plans to give MPs a free vote to repeal the fox hunting ban?
"I have always believed that country sports are something that have taken place for years and they do not need the approach of the criminal law. In a new Parliament, it should have a new vote, on a free vote basis, on the issue of hunting," he says.
The wannabe Prime Minister, who has said he would vote to scrap the ban on fox-hunting which he describes as "a farce" should he come into power, adds: "I don't see anything wrong with hunting. I was brought up in the country, I enjoy country sports, I still have a bit of time for the odd pigeon. And sometimes do a bit of fishing." Hunting, shooting, fishing, now that sounds more like the David Cameron we know.
Even his choice of football team - Chelsea rather than his home town club of Oxford - has elitist undertones: although maybe that is because they play in Conservative blue which means he will not have to change rosettes when polling day comes round.
In the red of Labour, Prime Minister Gordon Brown's credentials as a man of the common people are built on somewhat stronger foundations.
Raised among the coal mines of Fife and educated at the local secondary school, Brown grew up (and still serves as MP) within a booted clearance of Stark's Park in Kirkcaldy, home of Raith Rovers where his first hero was the peerless Jim Baxter who, claims Brown, is "maybe the greatest player ever to come out of Scotland".
"I started supporting Rovers in the 1950s when I was about seven or eight," explains the Prime Minister.
"The first game I remember seeing was an East Fife-Raith Rovers local derby on New Year's Day. My father took my older brother, John, and myself. For much of my youth John and I sold programmes outside Stark's Park on match days.
"You queued up before the season began to become a programme-seller; once you had your slot you had it for the whole season. I went along on a Saturday about two hours before the match started, sold the programme and then, before half-time, I was allowed in free to watch the game, as well as being paid."
Brown, who was one of the chief movers behind London's successful bid to stage the 2012 Olympic Games, has yet to make political capital out of the fact that the only time England have won the World Cup was under Harold Wilson's Labour Government in 1966; with South Africa 2010 looming, just you wait ... he will because sport and politics have become inextricably linked.
Take Margaret Thatcher, who displayed little interest in sport during her many years as PM but was not above trying to use the nation's athletes for her own ends.
Angered beyond reason by the Soviet invasion of Afghanistan, she brought to bear all her powers of persuasion in an attempt to convince the British Olympic Association (BOA) to join the US-led boycott of the 1980 Games in Moscow.
"I have to say that the pressure we were put under in the months before Moscow was immoral," recalls Alan Wells, who would return to Britain without fanfare as the 100metres gold medallist.
"I must have received six letters from No 10 [Downing Street], the last of which included a picture of a young girl sprawled dead on the ground with a doll lying six inches from the tips of her fingers. It made me so angry I became even more determined to compete as long as the BOA did not insist otherwise.
"It was a very distasteful and underhand tactic; if at any time I had thought that by boycotting the Olympics one child was not going to be killed, then I wouldn't have hesitated in staying behind, but in my heart I couldn't see how my presence in Moscow was going to cause more deaths."
As Brian Clough famously put it: "There are more hooligans in Parliament than at any football match."
sports@thenational.ae
Joker: Folie a Deux
Starring: Joaquin Phoenix, Lady Gaga, Brendan Gleeson
Director: Todd Phillips
Rating: 2/5
Europe’s rearming plan
- Suspend strict budget rules to allow member countries to step up defence spending
- Create new "instrument" providing €150 billion of loans to member countries for defence investment
- Use the existing EU budget to direct more funds towards defence-related investment
- Engage the bloc's European Investment Bank to drop limits on lending to defence firms
- Create a savings and investments union to help companies access capital
Our legal consultant
Name: Dr Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
Manchester United's summer dealings
In
Victor Lindelof (Benfica) £30.7 million
Romelu Lukaku (Everton) £75 million
Nemanja Matic (Chelsea) £40 million
Out
Zlatan Ibrahimovic Released
Wayne Rooney (Everton) Free transfer
Adnan Januzaj (Real Sociedad) £9.8 million
Trolls World Tour
Directed by: Walt Dohrn, David Smith
Starring: Anna Kendrick, Justin Timberlake
Rating: 4 stars
Need to know
When: October 17 until November 10
Cost: Entry is free but some events require prior registration
Where: Various locations including National Theatre (Abu Dhabi), Abu Dhabi Cultural Center, Zayed University Promenade, Beach Rotana (Abu Dhabi), Vox Cinemas at Yas Mall, Sharjah Youth Center
What: The Korea Festival will feature art exhibitions, a B-boy dance show, a mini K-pop concert, traditional dance and music performances, food tastings, a beauty seminar, and more.
For more information: www.koreafestivaluae.com
STAGE 4 RESULTS
1 Sam Bennett (IRL) Deceuninck-QuickStep - 4:51:51
2 David Dekker (NED) Team Jumbo-Visma
3 Caleb Ewan (AUS) Lotto Soudal
4 Elia Viviani (ITA) Cofidis
5 Matteo Moschetti (ITA) Trek-Segafredo
General Classification
1 Tadej Pogacar (SLO) UAE Team Emirates - 12:50:21
2 Adam Yates (GBR) Teamn Ineos Grenadiers - 0:00:43
3 Joao Almeida (POR) Deceuninck-QuickStep - 0:01:03
4 Chris Harper (AUS) Jumbo-Visma - 0:01:43
5 Neilson Powless (USA) EF Education-Nippo - 0:01:45
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
Brief scoreline:
Liverpool 2
Keita 5', Firmino 26'
Porto 0
QUALIFYING RESULTS
1. Max Verstappen, Netherlands, Red Bull Racing Honda, 1 minute, 35.246 seconds.
2. Valtteri Bottas, Finland, Mercedes, 1:35.271.
3. Lewis Hamilton, Great Britain, Mercedes, 1:35.332.
4. Lando Norris, Great Britain, McLaren Renault, 1:35.497.
5. Alexander Albon, Thailand, Red Bull Racing Honda, 1:35.571.
6. Carlos Sainz Jr, Spain, McLaren Renault, 1:35.815.
7. Daniil Kvyat, Russia, Scuderia Toro Rosso Honda, 1:35.963.
8. Lance Stroll, Canada, Racing Point BWT Mercedes, 1:36.046.
9. Charles Leclerc, Monaco, Ferrari, 1:36.065.
10. Pierre Gasly, France, Scuderia Toro Rosso Honda, 1:36.242.
Eliminated after second session
11. Esteban Ocon, France, Renault, 1:36.359.
12. Daniel Ricciardo, Australia, Renault, 1:36.406.
13. Sebastian Vettel, Germany, Ferrari, 1:36.631.
14. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:38.248.
Eliminated after first session
15. Antonio Giovinazzi, Italy, Alfa Romeo Racing Ferrari, 1:37.075.
16. Kimi Raikkonen, Finland, Alfa Romeo Racing Ferrari, 1:37.555.
17. Kevin Magnussen, Denmark, Haas Ferrari, 1:37.863.
18. George Russell, Great Britain, Williams Mercedes, 1:38.045.
19. Pietro Fittipaldi, Brazil, Haas Ferrari, 1:38.173.
20. Nicholas Latifi, Canada, Williams Mercedes, 1:38.443.
heading
Iran has sent five planeloads of food to Qatar, which is suffering shortages amid a regional blockade.
A number of nations, including Iran's major rival Saudi Arabia, last week cut ties with Qatar, accusing it of funding terrorism, charges it denies.
The land border with Saudi Arabia, through which 40% of Qatar's food comes, has been closed.
Meanwhile, mediators Kuwait said that Qatar was ready to listen to the "qualms" of its neighbours.
Four motivational quotes from Alicia's Dubai talk
“The only thing we need is to know that we have faith. Faith and hope in our own dreams. The belief that, when we keep going we’re going to find our way. That’s all we got.”
“Sometimes we try so hard to keep things inside. We try so hard to pretend it’s not really bothering us. In some ways, that hurts us more. You don’t realise how dishonest you are with yourself sometimes, but I realised that if I spoke it, I could let it go.”
“One good thing is to know you’re not the only one going through it. You’re not the only one trying to find your way, trying to find yourself, trying to find amazing energy, trying to find a light. Show all of yourself. Show every nuance. All of your magic. All of your colours. Be true to that. You can be unafraid.”
“It’s time to stop holding back. It’s time to do it on your terms. It’s time to shine in the most unbelievable way. It’s time to let go of negativity and find your tribe, find those people that lift you up, because everybody else is just in your way.”
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
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.”
UAE%20medallists%20at%20Asian%20Games%202023
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