Manu Tuilagi was praised by the England team manger, Martin Johnson, after he marked his England debut with a try, helping his adopted nation beat Wales 23-19 in a warm-up for the Rugby World Cup yesterday.
In their last home match before the tournament, England were already 13-7 up early in the second half when Tuilagi took a short pass from Jonny Wilkinson and crashed through to touch down under the posts.
Voted young player of the year for 2010/11 by the England players' union, the Samoa-born centre looks an almost certain pick for the World Cup. But England were outscored three tries to two in a match overshadowed by injuries to both sides.
Wales were hit by the late withdrawal of fly-half Stephen Jones before Morgan Stoddart - who filled the gap created by Jones's pre-match calf injury by replacing Rhys Priestland at full-back - was carried off on a stretcher with a broken leg.
"It is gutting for Morgan," Sam Warburton, the Wales captain, said. "He had a real good shout of making the World Cup squad."
On the other side, England lost their captain, Lewis Moody, to a knee problem and prop Alex Corbisero to what looked like an ankle injury.
Tuilagi was replaced after an hour, suggesting that Johnson, wants to keep him fresh so he can take another look at him in the return match in Cardiff next weekend.
"He played well," Johnson said. "We struggled to score when we had position in the first half and Manu scored at a crucial time."
After three months off in the close season, both teams predictably have much to work on ahead of that match. Each side conceded more than a dozen turnovers and missed several tackles.
"You get far more out of that than you do the 60-pointers you occasionally get," Johnson said.
"We wanted to go out and play the game in the context of a proper game.
"There's lots of things to get better at. If you win by 70 points, everyone thinks they're a superstar, and what do you work on for next week?"
George North touched down twice for Wales, and Shane Williams grabbed the visitors' other try. James Haskell scored England's first try and man-of-the-match Wilkinson chipped in with 13 points.
"There is a lot to work on," Warburton said. "We knew that would be the way, but I think we will be in with a good shout next week."
The game got scrappier as Johnson and his Wales counterpart, Warren Gatland, threw on their replacements through the second half, although Wales seemed the stronger and North grabbed his second score.
"Whenever we kept the ball, we seemed to score tries," Warburton said. "So that was the message toward the end: hang on to the ball."
Robinson praises Ansbro
A first international try by Joe Ansbro saw Scotland grab a late 10-6 win over Ireland in their Rugby World Cup warm-up Test at Murrayfield yesterday.
The Irish, mainly a second-string side as Declan Kidney, the coach, bids to reduce a 43-man squad to 30 for the World Cup, scored their points through two penalties by Jonathan Sexton.
Ansbro’s fine late individual try was converted by Ruaridh Jackson while the Scots’ other points came from a penalty by the
veteran Chris Paterson, who is bidding to play in his fourth World Cup.
Andy Robinson, the Scotland coach, credited 25-year-old Ansbro’s try down to his scrum.
“What a great finish. Joe took his try absolutely superbly and I think we got what we deserved,” said Robinson.
“The score was all down to the speed of ball from the forwards.
“If you want to break down good defences you must have fast ball and the try underlined that.
“We had kept our shape in attack throughout the game and our scrum had been solid.
“Overall, I am pretty pleased with the result and the performance at this stage in our build up to our departure for New Zealand.”
Kidney, who has been rewarded with a new contract ahead of the World Cup, said the outcome had not been a major setback.
"Obviously we came here wanting to win, and I think we were a bit unlucky not to get that result," he said.
"But I was delighted with many features of our play and many of the younger guys did what was asked of them and more."
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MATCH INFO
Uefa Champions League semi-final, first leg
Tottenham 0-1 Ajax, Tuesday
Second leg
Ajax v Tottenham, Wednesday, May 8, 11pm
Game is on BeIN Sports
The Florida Project
Director: Sean Baker
Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe
Four stars
At a glance
Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.
Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year
Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month
Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30
Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse
Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth
Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
Killing of Qassem Suleimani
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.”
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match info
Chelsea 2
Willian (13'), Ross Barkley (64')
Liverpool 0
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Director: Laxman Utekar
Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna
Rating: 1/5
In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
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