Michael Cheika may have become jaded by jokes about being the saviour of Australian rugby but he could afford to bask in the soft glow of pride on Wednesday as he delivered Israel Folau to the promised land for another three years.
With a post-World Cup player drain set to weaken Wallaby stocks, retaining dual international Folau until 2018 was vital for the Australian Rugby Union, which has been beset by financial problems and battered by scandal.
In 2013, Cheika was instrumental in bringing Folau across to his New South Wales Waratahs, when the player was depressed by his ill-fated two-year stint in Australian Rules football.
Former rugby league star Folau’s brilliant adaptation to the 15-man code brought disillusioned crowds back to Waratahs home games in Sydney, where they marveled at the explosive back’s power and flair.
Folau’s early appearances for the Wallabies also seemed touched by the divine as he notched a joint-record 10 tries in a debut season, including a double in his first match against the touring British and Irish Lions.
The duo celebrated a first Super Rugby trophy at the Waratahs last year, the Sydney team’s success in the southern hemisphere tournament a shining light in a gloomy year for Australian rugby.
Cheika, who delivered Irish side Leinster their first European Cup trophy in 2009, laughed off jokes that he had saved Australian rugby from itself with his Sydney success.
Months later, the jokes wore thin when he was hurriedly installed as Australia coach less than a year ahead of the World Cup to take over a team riven by scandal.
Kurtley Beale, one of Cheika’s charges at the Waratahs, had inadvertently sparked the resignation of former coach Ewen McKenzie when he sent misogynistic text messages to his teammates about a female staffer.
Cheika took flak for recalling the disgraced utility back into his Wallabies team for the season-ending northern hemisphere tour and the coach’s halo slipped further when they lost most of their matches coming to grips with his game-plan.
His tenure at the Waratahs ended in disappointment on Saturday, their title defence halted in the semi-finals by inspired New Zealand opponents, the Otago Highlanders.
On Wednesday, Cheika could comfort himself that he had secured a bigger prize for Australian rugby.
“Michael Cheika has also created a team environment which players really want to be part of, and that for me was one of the most important things when weighing up my future,” Folau said of his mentor.
Folau joins Wallabies flyhalf Bernard Foley and captain Michael Hooper as recent retentions for Australian rugby.
It may just be coincidence that all three have had Cheika breathing down their necks at the Waratahs, though a relaxation of once-stringent eligibility requirements for national selection is likely to have played a part.
To try to stem the flood of players chasing more lucrative deals overseas, the cash-strapped Australian Rugby Union has tweaked its rule that requires Wallabies hopefuls to put in a full domestic season.
Seasoned veterans with 60 caps can play overseas and remain eligible, while a privileged few, like Folau and Foley, have been granted “flexible” contracts that allow them to pad out their income with stints in Japan.
Ranked sixth in the world, Australia head into World Cup warmup Tests at their lowest position since the rankings were introduced over a decade ago.
They face an uphill battle merely breaking out of their “group of death” in England where they have been drawn in a pool with Wales and the hosts.
Delivering Australia a third trophy at the global showpiece may be beyond the master-coach but in securing Folau, Cheika has given Australian rugby hope of a post-World Cup future.
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Groom and Two Brides
Director: Elie Semaan
Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla
Rating: 3/5
THE%C2%A0SPECS
%3Cp%3EEngine%3A%204-cylinder%202.5-litre%20%2F%202-litre%20turbo%0D%3Cbr%3EPower%3A%20188hp%20%2F%20248hp%0D%3Cbr%3ETorque%3A%20244Nm%20%2F%20370Nm%0D%3Cbr%3ETransmission%3A%207-speed%20auto%0D%3Cbr%3EOn%20sale%3A%20now%0D%3Cbr%3EPrice%3A%20From%20Dh110%2C000%0D%3C%2Fp%3E%0A
What are NFTs?
Are non-fungible tokens a currency, asset, or a licensing instrument? Arnab Das, global market strategist EMEA at Invesco, says they are mix of all of three.
You can buy, hold and use NFTs just like US dollars and Bitcoins. “They can appreciate in value and even produce cash flows.”
However, while money is fungible, NFTs are not. “One Bitcoin, dollar, euro or dirham is largely indistinguishable from the next. Nothing ties a dollar bill to a particular owner, for example. Nor does it tie you to to any goods, services or assets you bought with that currency. In contrast, NFTs confer specific ownership,” Mr Das says.
This makes NFTs closer to a piece of intellectual property such as a work of art or licence, as you can claim royalties or profit by exchanging it at a higher value later, Mr Das says. “They could provide a sustainable income stream.”
This income will depend on future demand and use, which makes NFTs difficult to value. “However, there is a credible use case for many forms of intellectual property, notably art, songs, videos,” Mr Das says.
The past winners
2009 - Sebastian Vettel (Red Bull)
2010 - Sebastian Vettel (Red Bull)
2011 - Lewis Hamilton (McLaren)
2012 - Kimi Raikkonen (Lotus)
2013 - Sebastian Vettel (Red Bull)
2014 - Lewis Hamilton (Mercedes)
2015 - Nico Rosberg (Mercedes)
2016 - Lewis Hamilton (Mercedes)
2017 - Valtteri Bottas (Mercedes)
Key figures in the life of the fort
Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.
Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.
Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.
Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.
Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.
Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate's increasing prominence.
Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.
Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.
Sources: Jayanti Maitra, www.adach.ae
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
Western Region Asia Cup Qualifier
Results
UAE beat Saudi Arabia by 12 runs
Kuwait beat Iran by eight wickets
Oman beat Maldives by 10 wickets
Bahrain beat Qatar by six wickets
Semi-finals
UAE v Qatar
Bahrain v Kuwait
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So what is Spicy Chickenjoy?
Just as McDonald’s has the Big Mac, Jollibee has Spicy Chickenjoy – a piece of fried chicken that’s crispy and spicy on the outside and comes with a side of spaghetti, all covered in tomato sauce and topped with sausage slices and ground beef. It sounds like a recipe that a child would come up with, but perhaps that’s the point – a flavourbomb combination of cheap comfort foods. Chickenjoy is Jollibee’s best-selling product in every country in which it has a presence.
What is graphene?
Graphene is extracted from graphite and is made up of pure carbon.
It is 200 times more resistant than steel and five times lighter than aluminum.
It conducts electricity better than any other material at room temperature.
It is thought that graphene could boost the useful life of batteries by 10 per cent.
Graphene can also detect cancer cells in the early stages of the disease.
The material was first discovered when Andre Geim and Konstantin Novoselov were 'playing' with graphite at the University of Manchester in 2004.
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
The specs: 2019 Infiniti QX50
Price, base: Dh138,000 (estimate)
Engine: 2.0L, turbocharged, in-line four-cylinder
Transmission: Continuously variable transmission
Power: 268hp @ 5,600rpm
Torque: 380Nm @ 4,400rpm
Fuel economy: 6.7L / 100km (estimate)
The Travel Diaries of Albert Einstein The Far East, Palestine, and Spain, 1922 – 1923
Editor Ze’ev Rosenkranz
Princeton
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Five personal finance podcasts from The National
To help you get started, tune into these Pocketful of Dirham episodes
·
Balance is essential to happiness, health and wealth
·
What is a portfolio stress test?
·
What are NFTs and why are auction houses interested?
·
How gamers are getting rich by earning cryptocurrencies
·
Should you buy or rent a home in the UAE?
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