Surrounded by Jamaican players, Argentina's Lionel Messi, right, controls the ball during the Copa America Group B match at the Sausalito Stadium in Vina del Mar, Chile, on June 20, 2015. Natacha Pisarenko / AP Photo
Surrounded by Jamaican players, Argentina's Lionel Messi, right, controls the ball during the Copa America Group B match at the Sausalito Stadium in Vina del Mar, Chile, on June 20, 2015. Natacha Pisarenko / AP Photo
Surrounded by Jamaican players, Argentina's Lionel Messi, right, controls the ball during the Copa America Group B match at the Sausalito Stadium in Vina del Mar, Chile, on June 20, 2015. Natacha Pisarenko / AP Photo
Surrounded by Jamaican players, Argentina's Lionel Messi, right, controls the ball during the Copa America Group B match at the Sausalito Stadium in Vina del Mar, Chile, on June 20, 2015. Natacha Pisa

Weary Messi and Argentina in line for a rest after hectic start to Copa America


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The good news for Argentina was that Saturday night’s 1-0 victory over Jamaica guaranteed them a spot in the quarter-finals of the competition.

That was about as positive as it got, though, as last year’s World Cup finalists failed to convince against opponents ranked 65th in the world, and even their coach Gerardo Martino acknowledged his side’s display had been “tedious”.

Gonzalo Higuain’s goal after 11 minutes had given them the lead in Vina del Mar in Chile, but they failed to build on it and frustration grew as the match went on, despite the result clinching top spot in Group B.

Martino blamed weariness for his side’s below-par showing.

“The first half was OK. We played fine and we scored quickly and created five or six chances to score,” he said.

“At the end it was a bit tedious, but we did what was necessary. Physically, we struggled a bit in the second half.”

Argentina will have nearly a week’s rest before their quarter-final, which will be against either Ecuador or the third-placed team in Group C.

“There are things to fix,” Martino said. “We’ve got six days’ rest now before the quarter-finals and I think we need them.

“We’ve had three matches in a week, so it’s been a tough ­schedule.”

The game was an anti-climatic affair for Argentina captain Lionel Messi, who made his 100th appearance for his country in the match and had worn boots emblazoned with "100" as he brought up a century of caps.

Winfried Schafer, the Jamaica coach, lamented the fact his side had not done themselves full justice against their high- profile opponents.

“In the first half we had too much respect for Argentina, the second-best team in the world,” said Schafer, the former Al Ahli and Al Ain coach.

“The players were nervous facing Messi, (Angel) Di Maria, (Javier) Mascherano.”

Joining Argentina in the quarter-finals are Uruguay and Paraguay, who drew 1-1 in their match in La Serena.

Jose Gimenez had put Uruguay, the defending champions, in front on 28 minutes, but Paraguay levelled through Lucas Barrios a minute before the interval.

The result gave Paraguay second place in Group B behind Argentina, while Uruguay are guaranteed one of the two best third-place qualification positions on four points.

The draw suited both teams, though Uruguayan defender Gimenez said that was never the intention.

“There was a lot to play for – the prestige, wearing the national team shirt,” Gimenez said. “None of the teams here are playing for a draw, nor to lose.”

Paraguay have proven to be one of the surprise packages of the competition, having gone through the group stages unbeaten thanks to earning draws with Argentina and Uruguay, as well as beating Jamaica.

The team’s goalscorer Barrios said: “I’m very happy to show off the strength that Paraguay has.

“It’s an important team and we’ve shown that right from the first match. We are stronger than ever.”

Uruguay face tournament hosts and Group A winners Chile in Santiago on Wednesday, while Paraguay were to find out their opponents in the quarter-finals on Sunday night.

They will play the Group C winners, with all four teams in that group, Brazil, Colombia, Venezuela and Peru, having a chance to top the standings.

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  • Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
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  • Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
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  • Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
  • Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.

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.”

Our family matters legal consultant

Name: Dr Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

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UAE rugby season

FIXTURES

West Asia Premiership

Dubai Hurricanes v Dubai Knights Eagles

Dubai Tigers v Bahrain

Jebel Ali Dragons v Abu Dhabi Harlequins

UAE Division 1

Dubai Sharks v Dubai Hurricanes II

Al Ain Amblers v Dubai Knights Eagles II

Dubai Tigers II v Abu Dhabi Saracens

Jebel Ali Dragons II v Abu Dhabi Harlequins II

Sharjah Wanderers v Dubai Exiles II

 

LAST SEASON

West Asia Premiership

Winners – Bahrain

Runners-up – Dubai Exiles

UAE Premiership

Winners – Abu Dhabi Harlequins

Runners-up – Jebel Ali Dragons

Dubai Rugby Sevens

Winners – Dubai Hurricanes

Runners-up – Abu Dhabi Harlequins

UAE Conference

Winners – Dubai Tigers

Runners-up – Al Ain Amblers

The specs

Engine: Dual 180kW and 300kW front and rear motors

Power: 480kW

Torque: 850Nm

Transmission: Single-speed automatic

Price: From Dh359,900 ($98,000)

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

What: DP World Tour Championship
When: November 21-24
Where: Jumeirah Golf Estates, Dubai
Tickets: www.ticketmaster.ae.

Springtime in a Broken Mirror,
Mario Benedetti, Penguin Modern Classics

 

Know your Camel lingo

The bairaq is a competition for the best herd of 50 camels, named for the banner its winner takes home

Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

Keep it fun and engaging

Stuart Ritchie, director of wealth advice at AES International, says children cannot learn something overnight, so it helps to have a fun routine that keeps them engaged and interested.

“I explain to my daughter that the money I draw from an ATM or the money on my bank card doesn’t just magically appear – it’s money I have earned from my job. I show her how this works by giving her little chores around the house so she can earn pocket money,” says Mr Ritchie.

His daughter is allowed to spend half of her pocket money, while the other half goes into a bank account. When this money hits a certain milestone, Mr Ritchie rewards his daughter with a small lump sum.

He also recommends books that teach the importance of money management for children, such as The Squirrel Manifesto by Ric Edelman and Jean Edelman.

Results

Catchweight 60kg: Mohammed Al Katheeri (UAE) beat Mostafa El Hamy (EGY) TKO round 3

Light Heavyweight: Ibrahim El Sawi (EGY) no contest Kevin Oumar (COM) Unintentional knee by Oumer

Catchweight 73kg:  Yazid Chouchane (ALG) beat Ahmad Al Boussairy (KUW) Unanimous decision

Featherweight: Faris Khaleel Asha (JOR) beat Yousef Al Housani (UAE) TKO in round 2 through foot injury

Welterweight: Omar Hussein (JOR) beat Yassin Najid (MAR); Split decision

Middleweight: Yousri Belgaroui (TUN) beat Sallah Eddine Dekhissi (MAR); Round-1 TKO

Lightweight: Abdullah Mohammed Ali Musalim (UAE) beat Medhat Hussein (EGY); Triangle choke submission

Welterweight: Abdulla Al Bousheiri (KUW) beat Sofiane Oudina (ALG); Triangle choke Round-1

Lightweight: Mohammad Yahya (UAE) beat Saleem Al Bakri (JOR); Unanimous decision

Bantamweight: Ali Taleb (IRQ) beat Nawras Abzakh (JOR); TKO round-2

Catchweight 63kg: Rany Saadeh (PAL) beat Abdel Ali Hariri (MAR); Unanimous decision

Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Managing the separation process

  • Choose your nursery carefully in the first place
  • Relax – and hopefully your child will follow suit
  • Inform the staff in advance of your child’s likes and dislikes.
  • If you need some extra time to talk to the teachers, make an appointment a few days in advance, rather than attempting to chat on your child’s first day
  • The longer you stay, the more upset your child will become. As difficult as it is, walk away. Say a proper goodbye and reassure your child that you will be back
  • Be patient. Your child might love it one day and hate it the next
  • Stick at it. Don’t give up after the first day or week. It takes time for children to settle into a new routine.And, finally, don’t feel guilty.  
Scoreline

Liverpool 3
Mane (7'), Salah (69'), Firmino (90')

Bournemouth 0

THE SIXTH SENSE

Starring: Bruce Willis, Toni Collette, Hayley Joel Osment

Director: M. Night Shyamalan

Rating: 5/5