American great Serena Williams said she is looking forward to life beyond tennis after her dreams of a fairytale 24th Grand Slam win at the US Open ended in defeat on Friday night.
Serena, who turns 41 later this month, had earlier revealed she plans to "evolve" away from tennis after the US Open campaign. However, her dream run ended in the third round with a 7-5, 6-7 (4/7), 6-1 loss to Australia's Ajla Tomljanovic.
Serena had raised hopes of a stellar campaign after her second-round win over world number two Anett Kontaveit. But after her defeat in the third round, Serena said she was ready for life beyond the court.
"It takes a lot of work to get here. Clearly I'm still capable," she said. "It takes a lot more than that.
"I'm ready to, like, be a mom, explore a different version of Serena. Technically in the world I'm still super young, so I want to have a little bit of a life while I'm still walking."
Serena said she wanted to be remembered as a fighter and was proud of the impact she had on tennis.
"The fight, I'm such a fighter," she said when asked how she wanted to be remembered.
"I feel like I really brought something to tennis, a different look, the fist pumps, the just crazy intensity. Passion is a really good word."
Tiger Woods and former US First Lady Michelle Obama hailed Serena as "the greatest" as the tennis superstar headed into retirement.
"@serenawilliams you're literally the greatest on and off the court," tweeted Woods. "Thank you for inspiring all of us to pursue our dreams. I love you little sis!"
"Congrats on an amazing career, @SerenaWilliams! How lucky were we to be able to watch a young girl from Compton grow up to become one of the greatest athletes of all time," tweeted Obama.
"I'm proud of you, my friend and I can't wait to see the lives you continue to transform with your talents."
NBA superstar LeBron James called Serena the GOAT (greatest of all time).
"Congratulations to you, you had an unbelievable career," James said in a video message.
"What you have done for sport, for women is unprecedented, it's been an honour to watch your journey and conquer all the goals you set out to do. Win, lose or draw, we knew you were the greatest."
A number of celebrities watched Serena's valiant fight on Friday. They included boxing great Mike Tyson, director Spike Lee, model Bella Hadid, singer Ciara, American sports stars Russel Wilson, Saquon Barkley and others.
The specs
Engine: 1.4-litre 4-cylinder turbo
Power: 180hp at 5,500rpm
Torque: 250Nm at 3,00rpm
Transmission: 5-speed sequential auto
Price: From Dh139,995
On sale: now
The specs
Engine: 3.5-litre twin-turbo V6
Power: 380hp at 5,800rpm
Torque: 530Nm at 1,300-4,500rpm
Transmission: Eight-speed auto
Price: From Dh299,000 ($81,415)
On sale: Now
If you go
Flying
Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.
Touring
Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com
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Retirement funds heavily invested in equities at a risky time
Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.
Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.
The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.
The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.
Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.
The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.
• Bloomberg
Women’s World T20, Asia Qualifier
UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs
Standings (P, W, l, NR, points)
1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0
Final
Thailand v UAE, Monday, 7am
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Infobox
Western Region Asia Cup Qualifier, Al Amerat, Oman
The two finalists advance to the next stage of qualifying, in Malaysia in August
Results
UAE beat Iran by 10 wickets
Kuwait beat Saudi Arabia by eight wickets
Oman beat Bahrain by nine wickets
Qatar beat Maldives by 106 runs
Monday fixtures
UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain
JUDAS AND THE BLACK MESSIAH
Directed by: Shaka King
Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons
Four stars
Remaining Fixtures
Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final
if you go
The flights
Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes.
The hotels
Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes.
When to visit
March-May and September-November
Visas
Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.
The five pillars of Islam
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