• Colombian president-elect Gustavo Petro celebrates with his wife Veronica Alcocer at the Movistar Arena in Bogota after winning the run-off election. AFP
    Colombian president-elect Gustavo Petro celebrates with his wife Veronica Alcocer at the Movistar Arena in Bogota after winning the run-off election. AFP
  • Mr Petro (C-L) celebrates with his vice presidential candidate Francia Marquez (C). The left-wing economist, 62, will succeed Ivan Duque. EPA
    Mr Petro (C-L) celebrates with his vice presidential candidate Francia Marquez (C). The left-wing economist, 62, will succeed Ivan Duque. EPA
  • Mr Petro and Ms Marquez at the Movistar Arena event in Bogota. He said that 'today is a holiday for the people'. EPA
    Mr Petro and Ms Marquez at the Movistar Arena event in Bogota. He said that 'today is a holiday for the people'. EPA
  • Mayor of Medellin Daniel Quintero hugs a supporter of Mr Petro after the election. AFP
    Mayor of Medellin Daniel Quintero hugs a supporter of Mr Petro after the election. AFP
  • Colombia faces a radical change of economic and political direction after electing a former guerrilla to the presidency on a platform of transforming the country's business-friendly model. Bloomberg
    Colombia faces a radical change of economic and political direction after electing a former guerrilla to the presidency on a platform of transforming the country's business-friendly model. Bloomberg
  • Fireworks in Cali, Colombia, after Mr Petro was elected as the country's first left-wing president, defeating businessman Rodolfo Hernandez. Reuters
    Fireworks in Cali, Colombia, after Mr Petro was elected as the country's first left-wing president, defeating businessman Rodolfo Hernandez. Reuters
  • The Colpatria tower in Bogota is illuminated with a picture of Mr Petro of the Historic Pact coalition. Reuters
    The Colpatria tower in Bogota is illuminated with a picture of Mr Petro of the Historic Pact coalition. Reuters
  • Citizens celebrate the victory of President-elect Gustavo Petro and Vice President Francia Marquez in the Plaza de Bolívar in Bogota, Colombia, 19 June 2022. Colombia elected its next president this Sunday in the second round of elections, demonstrating its solid democratic tradition with good participation figures and the landmark victory of leftist Gustavo Petro. The election day took place calmly and normally, in the expectation of results that were expected to be tight and that proved to be so as the count progressed and the distance between the two candidates was less than one million votes. EPA / Natalia Pedraza
    Citizens celebrate the victory of President-elect Gustavo Petro and Vice President Francia Marquez in the Plaza de Bolívar in Bogota, Colombia, 19 June 2022. Colombia elected its next president this Sunday in the second round of elections, demonstrating its solid democratic tradition with good participation figures and the landmark victory of leftist Gustavo Petro. The election day took place calmly and normally, in the expectation of results that were expected to be tight and that proved to be so as the count progressed and the distance between the two candidates was less than one million votes. EPA / Natalia Pedraza
  • Supporters of Mr Petro listen to his victory speech. Getty Images
    Supporters of Mr Petro listen to his victory speech. Getty Images
  • Historic Pact coalition supporters celebrate at the Movistar Arena in Bogota. Reuters
    Historic Pact coalition supporters celebrate at the Movistar Arena in Bogota. Reuters
  • Ay, caramba! Supporters with Simpsons-style cartoon cutouts of the winners. AFP
    Ay, caramba! Supporters with Simpsons-style cartoon cutouts of the winners. AFP

Gustavo Petro: ex-rebel wins Colombia election to become nation's first leftist president


  • English
  • Arabic

Colombia has elected its first leftist president after former rebel Gustavo Petro narrowly defeated a real estate millionaire in a run-off election.

Mr Petro, 62, won 50.48 per cent of the vote in his third attempt to win the presidency on Sunday, according to results released by election authorities. Political outsider Rodolfo Hernandez received 47.26 per cent.

As Colombians struggle with rising inequality, inflation and violence, voters punished long-governing centrist and right-leaning politicians in the first round of voting last month, and picked two outsiders for the run-off contest.

Mr Petro’s win in Latin America’s third most populous nation puts an end to Colombia’s long stigmatisation of the left for its perceived association with the country’s half-century of armed conflict.

The president-elect was once a rebel with the now-defunct M-19 movement and was granted amnesty after being jailed for his involvement with the group.

Mr Petro issued a call for unity during his victory speech on Sunday night and extended an olive branch to some of his harshest critics, saying all members of the opposition would be welcomed at the presidential palace “to discuss the problems of Colombia”.

“From this government that is beginning, there will never be political persecution or legal persecution; there will only be respect and dialogue,” he said.

He said he would listen to those who have raised arms as well as to “that silent majority of peasants, indigenous people, women, youth”.

The vote means Colombia will have a black woman as vice-president for the first time. Mr Petro’s running mate, Francia Marquez, 40, is a lawyer and environmental leader whose opposition to illegal mining resulted in threats and a grenade attack in 2019.

Colombia's president-elect Gustavo Petro and vice president-elect Francia Marquez celebrate in Bogota, Colombia, on Sunday. Bloomberg
Colombia's president-elect Gustavo Petro and vice president-elect Francia Marquez celebrate in Bogota, Colombia, on Sunday. Bloomberg

Mr Hernandez, whose campaign was based on an anti-corruption fight, conceded his defeat shortly after results were announced.

“I accept the result, as it should be, if we want our institutions to be firm,” he said in a video on social media. “I sincerely hope that this decision is beneficial for everyone.”

Latin American countries Chile, Peru and Honduras elected leftist presidents in 2021. In Brazil, former President Luiz Inacio Lula da Silva is leading the polls for this year’s presidential election.

But the results were an immediate reason to fret for some voters, whose closest reference to a leftist government is the troubled neighbouring Venezuela.

“We hope that Mr Gustavo Petro complies with what was said in his government plan, that he leads this country to greatness, which we need so much, and that [he] ends corruption,” said Karin Ardila Garcia, a Hernandez supporter in the north-central city of Bucaramanga.

“That he does not lead to communism, to socialism, to a war where they continue to kill us in Colombia … [that] he does not lead us to another Venezuela, Cuba, Argentina, Chile.”

About 21.6 million of the 39 million eligible voters cast a ballot on Sunday. Abstentionism has been above 40 per cent in every presidential election since 1990.

Mr Petro will be officially declared winner after a formal count that will take a few days.

WIDE%20VIEW
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MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

Sun jukebox

Rufus Thomas, Bear Cat (The Answer to Hound Dog) (1953)

This rip-off of Leiber/Stoller’s early rock stomper brought a lawsuit against Phillips and necessitated Presley’s premature sale to RCA.

Elvis Presley, Mystery Train (1955)

The B-side of Presley’s final single for Sun bops with a drummer-less groove.

Johnny Cash and the Tennessee Two, Folsom Prison Blues (1955)

Originally recorded for Sun, Cash’s signature tune was performed for inmates of the titular prison 13 years later.

Carl Perkins, Blue Suede Shoes (1956)

Within a month of Sun’s February release Elvis had his version out on RCA.

Roy Orbison, Ooby Dooby (1956)

An essential piece of irreverent juvenilia from Orbison.

Jerry Lee Lewis, Great Balls of Fire (1957)

Lee’s trademark anthem is one of the era’s best-remembered – and best-selling – songs.

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

MATCH INFO

What: 2006 World Cup quarter-final
When: July 1
Where: Gelsenkirchen Stadium, Gelsenkirchen, Germany

Result:
England 0 Portugal 0
(Portugal win 3-1 on penalties)

How to avoid crypto fraud
  • Use unique usernames and passwords while enabling multi-factor authentication.
  • Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
  • Avoid suspicious social media ads promoting fraudulent schemes.
  • Only invest in crypto projects that you fully understand.
  • Critically assess whether a project’s promises or returns seem too good to be true.
  • Only use reputable platforms that have a track record of strong regulatory compliance.
  • Store funds in hardware wallets as opposed to online exchanges.
Our legal advisor

Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.

Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation. 

Education: Sagesse University, Beirut, Lebanon, in 2005.

Benefits of first-time home buyers' scheme
  • Priority access to new homes from participating developers
  • Discounts on sales price of off-plan units
  • Flexible payment plans from developers
  • Mortgages with better interest rates, faster approval times and reduced fees
  • DLD registration fee can be paid through banks or credit cards at zero interest rates
UAE central contracts

Full time contracts

Rohan Mustafa, Ahmed Raza, Mohammed Usman, Chirag Suri, Mohammed Boota, Sultan Ahmed, Zahoor Khan, Junaid Siddique, Waheed Ahmed, Zawar Farid

Part time contracts

Aryan Lakra, Ansh Tandon, Karthik Meiyappan, Rahul Bhatia, Alishan Sharafu, CP Rizwaan, Basil Hameed, Matiullah, Fahad Nawaz, Sanchit Sharma

Fight card

1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)

2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)

3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)

4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)

5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)

6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)

7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)

8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)

9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)

10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)

11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)

12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)

SERIE A FIXTURES

Friday Sassuolo v Torino (Kick-off 10.45pm UAE)

Saturday Atalanta v Sampdoria (5pm),

Genoa v Inter Milan (8pm),

Lazio v Bologna (10.45pm)

Sunday Cagliari v Crotone (3.30pm) 

Benevento v Napoli (6pm) 

Parma v Spezia (6pm)

 Fiorentina v Udinese (9pm)

Juventus v Hellas Verona (11.45pm)

Monday AC Milan v AS Roma (11.45pm)

Tips for newlyweds to better manage finances

All couples are unique and have to create a financial blueprint that is most suitable for their relationship, says Vijay Valecha, chief investment officer at Century Financial. He offers his top five tips for couples to better manage their finances.

Discuss your assets and debts: When married, it’s important to understand each other’s personal financial situation. It’s necessary to know upfront what each party brings to the table, as debts and assets affect spending habits and joint loan qualifications. Discussing all aspects of their finances as a couple prevents anyone from being blindsided later.

Decide on the financial/saving goals: Spouses should independently list their top goals and share their lists with one another to shape a joint plan. Writing down clear goals will help them determine how much to save each month, how much to put aside for short-term goals, and how they will reach their long-term financial goals.

Set a budget: A budget can keep the couple be mindful of their income and expenses. With a monthly budget, couples will know exactly how much they can spend in a category each month, how much they have to work with and what spending areas need to be evaluated.

Decide who manages what: When it comes to handling finances, it’s a good idea to decide who manages what. For example, one person might take on the day-to-day bills, while the other tackles long-term investments and retirement plans.

Money date nights: Talking about money should be a healthy, ongoing conversation and couples should not wait for something to go wrong. They should set time aside every month to talk about future financial decisions and see the progress they’ve made together towards accomplishing their goals.

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

The Birkin bag is made by Hermès. 
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.

UAE currency: the story behind the money in your pockets
EA Sports FC 24
Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Belong%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Michael%20Askew%20and%20Matthew%20Gaziano%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20Technology%3Cbr%3E%3Cstrong%3ETotal%20funding%3A%3C%2Fstrong%3E%20%243.5%20million%20from%20crowd%20funding%20and%20angel%20investors%3Cstrong%3E%3Cbr%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%2012%3C%2Fp%3E%0A
Last five meetings

2013: South Korea 0-2 Brazil

2002: South Korea 2-3 Brazil

1999: South Korea 1-0 Brazil

1997: South Korea 1-2 Brazil

1995: South Korea 0-1 Brazil

Note: All friendlies

Getting%20there%20and%20where%20to%20stay
%3Cp%3EEtihad%20Airways%20operates%20seasonal%20flights%20from%20Abu%20Dhabi%20to%20Nice%20C%C3%B4te%20d'Azur%20Airport.%20Services%20depart%20the%20UAE%20on%20Wednesdays%20and%20Sundays%20with%20outbound%20flights%20stopping%20briefly%20in%20Rome%2C%20return%20flights%20are%20non-stop.%20Fares%20start%20from%20Dh3%2C315%2C%20flights%20operate%20until%20September%2018%2C%202022.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20Radisson%20Blu%20Hotel%20Nice%20offers%20a%20western%20location%20right%20on%20Promenade%20des%20Anglais%20with%20rooms%20overlooking%20the%20Bay%20of%20Angels.%20Stays%20are%20priced%20from%20%E2%82%AC101%20(%24114)%2C%20including%20taxes.%3C%2Fp%3E%0A%3Cp%3E%3C%2Fp%3E%0A
Gulf Under 19s final

Dubai College A 50-12 Dubai College B

Desert Warrior

Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley

Director: Rupert Wyatt

Rating: 3/5

Scores

Rajasthan Royals 160-8 (20 ov)

Kolkata Knight Riders 163-3 (18.5 ov)

The specs

Engine: 2.0-litre 4-cyl, 48V hybrid

Transmission: eight-speed automatic

Power: 325bhp

Torque: 450Nm

Price: Dh359,000

On sale: now 

Sweet%20Tooth
%3Cp%3E%3Cstrong%3ECreator%3A%20%3C%2Fstrong%3EJim%20Mickle%3Cbr%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3EChristian%20Convery%2C%20Nonso%20Anozie%2C%20Adeel%20Akhtar%2C%20Stefania%20LaVie%20Owen%3Cbr%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E2.5%2F5%3C%2Fp%3E%0A

THE SPECS

2020 Toyota Corolla Hybrid LE

Engine: 1.8 litre combined with 16-volt electric motors

Transmission: Automatic with manual shifting mode

Power: 121hp

Torque: 142Nm

Price: Dh95,900

Updated: June 20, 2022, 6:45 AM