I readily accept that I may well be in a minority of one but, to these eyes, the Winter Olympics are a nonsense. Biathlon, ice dance, moguls and aerials leave me - and I offer no apology for saying so - totally cold.
On a freezing winter's morning at home in my native Scotland when the white stuff lies deep and crisp and even, no one enjoys knocking off Frosty the Snowman's top hat with a well-aimed snowball more than me; but I would not expect to be awarded a gold medal for doing so.
If being able to perform a twisting somersault without skewering yourself on one or both skis represents sport then how about carving a scaled down model of the Taj Mahal from a block of ice?
There are a small number of obvious exceptions - Alpine skiing and ice hockey come to mind - but while most of the events featured in Vancouver looked like frolicsome fun, how many of them are what we regard as genuine sports?
I would not deny Per Parka and Annika Anorak their right to gather together every four years for a lark in the snow but why should it be under the Olympic flame?
Whereas 204 nations competed in the Beijing Summer Games, only 82 countries sent teams to Vancouver.
Can any event from which most of mankind is excluded because they inhabit warmer climes really be termed Olympian?
I do not seek to belittle the dedication of the competitors, their prowess and undoubted - or, as we saw on the luge track, sometimes tragic - courage, but I find the four-man bobsleigh, for example, utterly baffling. OK, the driver drives but apart from providing a push start what do the other three members passengers actually do? They sit there with their heads down and for that they award medals.
The one and only Winter Olympics I chose to attend were the Calgary Games of 1988. I can recall sitting in the stadium on the morning of the opening ceremony watching scores of workers shovelling the snow into trucks to be transported elsewhere. When the centre field was finally cleared, another caravan of trucks arrived as replacements importing vast mounds of pale blue crystals which were promptly scattered far and wide. The reason for this bizarre exercise? The television companies had deemed the natural snow as being too white for their cameras. To me, that optical illusion perfectly sums up the Winter Olympics; a television spectacular masquerading as a major sports event.
In a deliciously ironic riposte, in the space of a few, brief hours nature proceeded to rid Calgary of every last flake of snow when the warm winds of a Chinook blew in, sending the temperature in the Olympic city to around 20C - warmer than Marrakech that February.
As a member of the Reuters news agency team, I had been kitted out in expensive cold weather clobber and can still recall the looks on the faces of the locals, who had taken to wearing Hawaii shirts and Bermuda shorts, as we came into view resembling the annual outing of the Scott of the Antarctica Appreciation Society.
With our bobble hats and goggles, gloves and scarves and padded jackets and fleeced-lined trousers, all we lacked was a couple of tennis rackets strapped to the soles of both ski boots and a couple of huskies to complete the ludicrous package.
To complete the overwhelming sense of surrealism, although Calgary was bristling with the stars of snow and ice such as Alberto Tomba, the Alpine skier who won two gold medals on an artificial track, and figure-skating diva Katarina Witt, the twin sensations of the Games were Eddie "the Eagle" Edwards, the British ski jumper, and the Jamaican four-man bob team. The Bob Marley crooning quartet made most of the descents on their heads but inspired the Hollywood movie Cool Runnings while the Eagle plunged to global celebrity from his wobbly perch atop the tower.
Twenty-two years on, our Eddie, in his misty spectacles held together with sticking plaster, remains the Olympic movement's unlikeliest superstar.
Last by a distance in the 70m and 90m events, the myopic bird-man of Cheltenham held the eyes of mankind.
Ronald Reagan, the US President, famously interrupted a White House cabinet meeting to watch the Eagle plummet to fame with the words: "Sorry, guys. I just gotta watch this fella..."
Invited to appear on The Johnny Carson Show, Eddie's tales of ineptitude reduced fellow guest Burt Reynolds to tears of hilarity and he returned home as a conquering hero to reach No 1 in the Finnish pop charts (despite not speaking one word of the language) with his idiosyncratic rendition of Mun Nimeni On Eetu (My Name Is Eddie).
The Eagle had managed to wow his Canadian hosts even before taking flight; on arrival at Calgary airport his battered suitcase burst open on the baggage carousel revealing an unsightly collection of thermal long johns. As he bent down to retrieve the trail of underwear, his glasses smashed on the floor as his trousers split.
As he described the subsequent mayhem: "After I managed to get my case half shut and was leaving the airport, I spotted a huge banner hanging from the ceiling saying, 'Welcome To Calgary: Eddie The Eagle.' Because I wasn't looking where I was going, I walked straight into the solid plate-glass door. The trolley disintegrated, my skis went skidding across the floor in different directions, my case sprang open, my clothes flew out and I tripped over the mess. Canadian television showed my arrival on every news bulletin for a week."
The Eagle had landed...
sports@thenational.ae
If you go
Flight connections to Ulaanbaatar are available through a variety of hubs, including Seoul and Beijing, with airlines including Mongolian Airlines and Korean Air. While some nationalities, such as Americans, don’t need a tourist visa for Mongolia, others, including UAE citizens, can obtain a visa on arrival, while others including UK citizens, need to obtain a visa in advance. Contact the Mongolian Embassy in the UAE for more information.
Nomadic Road offers expedition-style trips to Mongolia in January and August, and other destinations during most other months. Its nine-day August 2020 Mongolia trip will cost from $5,250 per person based on two sharing, including airport transfers, two nights’ hotel accommodation in Ulaanbaatar, vehicle rental, fuel, third party vehicle liability insurance, the services of a guide and support team, accommodation, food and entrance fees; nomadicroad.com
A fully guided three-day, two-night itinerary at Three Camel Lodge costs from $2,420 per person based on two sharing, including airport transfers, accommodation, meals and excursions including the Yol Valley and Flaming Cliffs. A return internal flight from Ulaanbaatar to Dalanzadgad costs $300 per person and the flight takes 90 minutes each way; threecamellodge.com
Starring: Jamie Foxx, Angela Bassett, Tina Fey
Directed by: Pete Doctor
Rating: 4 stars
The biog
Favourite food: Tabbouleh, greek salad and sushi
Favourite TV show: That 70s Show
Favourite animal: Ferrets, they are smart, sensitive, playful and loving
Favourite holiday destination: Seychelles, my resolution for 2020 is to visit as many spiritual retreats and animal shelters across the world as I can
Name of first pet: Eddy, a Persian cat that showed up at our home
Favourite dog breed: I love them all - if I had to pick Yorkshire terrier for small dogs and St Bernard's for big
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
The candidates
Dr Ayham Ammora, scientist and business executive
Ali Azeem, business leader
Tony Booth, professor of education
Lord Browne, former BP chief executive
Dr Mohamed El-Erian, economist
Professor Wyn Evans, astrophysicist
Dr Mark Mann, scientist
Gina MIller, anti-Brexit campaigner
Lord Smith, former Cabinet minister
Sandi Toksvig, broadcaster
UAE v Zimbabwe A, 50 over series
Fixtures
Thursday, Nov 9 - 9.30am, ICC Academy, Dubai
Saturday, Nov 11 – 9.30am, ICC Academy, Dubai
Monday, Nov 13 – 2pm, Dubai International Stadium
Thursday, Nov 16 – 2pm, ICC Academy, Dubai
Saturday, Nov 18 – 9.30am, ICC Academy, Dubai
Abu Dhabi GP schedule
Friday: First practice - 1pm; Second practice - 5pm
Saturday: Final practice - 2pm; Qualifying - 5pm
Sunday: Etihad Airways Abu Dhabi Grand Prix (55 laps) - 5.10pm
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.”
The Sheikh Zayed Future Energy Prize
This year’s winners of the US$4 million Sheikh Zayed Future Energy Prize will be recognised and rewarded in Abu Dhabi on January 15 as part of Abu Dhabi Sustainable Week, which runs in the capital from January 13 to 20.
From solutions to life-changing technologies, the aim is to discover innovative breakthroughs to create a new and sustainable energy future.
BOSH!'s pantry essentials
Nutritional yeast
This is Firth's pick and an ingredient he says, "gives you an instant cheesy flavour". He advises making your own cream cheese with it or simply using it to whip up a mac and cheese or wholesome lasagne. It's available in organic and specialist grocery stores across the UAE.
Seeds
"We've got a big jar of mixed seeds in our kitchen," Theasby explains. "That's what you use to make a bolognese or pie or salad: just grab a handful of seeds and sprinkle them over the top. It's a really good way to make sure you're getting your omegas."
Umami flavours
"I could say soya sauce, but I'll say all umami-makers and have them in the same batch," says Firth. He suggests having items such as Marmite, balsamic vinegar and other general, dark, umami-tasting products in your cupboard "to make your bolognese a little bit more 'umptious'".
Onions and garlic
"If you've got them, you can cook basically anything from that base," says Theasby. "These ingredients are so prevalent in every world cuisine and if you've got them in your cupboard, then you know you've got the foundation of a really nice meal."
Your grain of choice
Whether rice, quinoa, pasta or buckwheat, Firth advises always having a stock of your favourite grains in the cupboard. "That you, you have an instant meal and all you have to do is just chuck a bit of veg in."
MATCH INFO
Uefa Champions League, semi-final result:
Liverpool 4-0 Barcelona
Liverpool win 4-3 on aggregate
Champions Legaue final: June 1, Madrid
RESULTS
1.45pm: Maiden Dh75,000 1,400m
Winner: Dirilis Ertugrul, Fabrice Veron (jockey), Ismail Mohammed (trainer)
2.15pm: Handicap Dh90,000 1,400m
Winner: Kidd Malibu, Sandro Paiva, Musabah Al Muhairi
2.45pm: Maiden Dh75,000 1,000m
Winner: Raakezz, Tadhg O’Shea, Nicholas Bachalard
3.15pm: Handicap Dh105,000 1,200m
Winner: Au Couer, Sean Kirrane, Satish Seemar
3.45pm: Maiden Dh75,000 1,600m
Winner: Rayig, Pat Dobbs, Doug Watson
4.15pm: Handicap Dh105,000 1,600m
Winner: Chiefdom, Royston Ffrench, Salem bin Ghadayer
4.45pm: Handicap Dh80,000 1,800m
Winner: King’s Shadow, Richard Mullen, Satish Seemar
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
COMPANY%20PROFILE
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Globalization and its Discontents Revisited
Joseph E. Stiglitz
W. W. Norton & Company