Third Marquez fight in the pipeline


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LAS VEGAS // Back to Juan Manuel Marquez for a third time? That appears to be the most likely option for Manny Pacquiao's next fight, Bob Arum said on Saturday night at the MGM Grand Garden Arena.

Arum said he issued a contract offer to Marquez two weeks ago, for a fight in November, but the Mexican had misgivings.

"There were certain items in the offer that Juan Manuel wanted to change," the Top Rank promoter said. "[Today] we're going to send him a revised offer based on the conversation that we had with him this morning."

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If things do not work out with Marquez for whatever reason - including potential scheduling conflicts for the 37-year-old - Arum would aim for Timothy Bradley or Zab Judah, neither of whom Pacquiao has fought as his list of prospective opponents dwindles.

If things do work out with Marquez, who has his eight titles in three weight divisions, it would make a trilogy and perhaps quell some unrest.

Pacquiao and Marquez fought in May 2004 and in March 2008, and both results caused debate. The first resulted in a draw during which Marquez hit the floor three times, and the second became an argued split decision in Pacquiao's favour.

Freddie Roach, Pacquiao's trainer, endorsed another Marquez fight in part to silence those remaining complaints the Mexican has regarding the previous outcomes.

Referring to the second meeting, Roach said: "I don't think there were any robberies in that fight." And cautioned: "I know how much Manny's improved since that time."

While the first two head to heads occurred in the super featherweight division, Roach said Marquez should fight Pacquiao at the latter's current welterweight poundage of 147.

Pacquiao himself continued to say he does not care whom he fights next, and he said so in response to the question he gets the most, that concerning any potential fight with the undefeated American Floyd Mayweather Jr, the issue that seems to hover over each Pacquiao fight. (The Philippines congressman did say he wants to fight Mayweather "because the people want it.")

Since March, and again last week, Pacquiao has pegged Marquez as a probable next opponent in 2011, branding the likelihood at "80 per cent" last week.

Arum said the fight could take place on November 5 or 12.

As to the question of sustaining appeal given the lopsidedness of Pacquiao's fights as on Saturday night against Shane Mosley, Arum said: "You know, people will buy it to see Manny Pacquiao because he is not dull. He is the aggressor. He is an entertaining fighter. And I believe that the people that bought the fight tonight bought it not with the expectation that Mosley would win … but because they wanted to see Manny Pacquiao.

"People are attracted to greatness, and that's why, when Tiger Woods was beating everybody, the ratings for the telecasts were out of sight, and the same for Michael Jordan. What you're dealing with is a great athlete, who is recognised all over the world, and people want to see him."

That, Arum said, holds true even though, "when you analyse everything that's out there, it's very, very difficult to get somebody who could be competitive with" Pacquiao.

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Defending champions

World Series: South Africa
Women’s World Series: Australia
Gulf Men’s League: Dubai Exiles
Gulf Men’s Social: Mediclinic Barrelhouse Warriors
Gulf Vets: Jebel Ali Dragons Veterans
Gulf Women: Dubai Sports City Eagles
Gulf Under 19: British School Al Khubairat
Gulf Under 19 Girls: Dubai Exiles
UAE National Schools: Al Safa School
International Invitational: Speranza 22
International Vets: Joining Jack

Will the pound fall to parity with the dollar?

The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.

Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.

New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.

“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.

The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.

The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.

Bloomberg

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Dark Souls: Remastered
Developer: From Software (remaster by QLOC)
Publisher: Namco Bandai
Price: Dh199

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Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

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Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

If you go

The flights
Emirates (www.emirates.com) and Etihad (www.etihad.com) both fly direct to Bengaluru, with return fares from Dh 1240. From Bengaluru airport, Coorg is a five-hour drive by car.

The hotels
The Tamara (www.thetamara.com) is located inside a working coffee plantation and offers individual villas with sprawling views of the hills (tariff from Dh1,300, including taxes and breakfast).

When to go
Coorg is an all-year destination, with the peak season for travel extending from the cooler months between October and March.

UAE currency: the story behind the money in your pockets
UAE SQUAD

Goalkeepers: Ali Khaseif, Fahad Al Dhanhani, Mohammed Al Shamsi, Adel Al Hosani

Defenders: Bandar Al Ahbabi, Shaheen Abdulrahman, Walid Abbas, Mahmoud Khamis, Mohammed Barghash, Khalifa Al Hammadi, Hassan Al Mahrami, Yousef Jaber, Salem Rashid, Mohammed Al Attas, Alhassan Saleh

Midfielders: Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Majed Hassan, Yahya Nader, Ahmed Barman, Abdullah Hamad, Khalfan Mubarak, Khalil Al Hammadi, Tahnoun Al Zaabi, Harib Abdallah, Mohammed Jumah, Yahya Al Ghassani

Forwards: Fabio De Lima, Caio Canedo, Ali Saleh, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

Racecard

6.35pm: American Business Council – Maiden (PA) Dh80,000 (Dirt) 1,600m 

7.10pm: British Business Group – Maiden (TB) Dh82,500 (D) 1,200m 

7.45pm: CCI France UAE – Handicap (TB) Dh87,500 (D) 1,400m 

8.20pm: Czech Business Council – Rated Conditions (TB) Dh105,000 (D) 1,400m 

8.55pm: Netherlands Business Council – Rated Conditions (TB) Dh95,000 (D) 1,600m 

9.30pm: Indian Business and Professional Council – Handicap (TB) Dh95,000 (D) 1,200m  

Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

War and the virus
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UAE currency: the story behind the money in your pockets