Arsenal's German goalkeeper Bernd Leno (L) and his teammates react after they concede the third goal during the English Premier League football match between Arsenal and Aston Villa at the Emirates Stadium in London on November 8, 2020. Aston Villa won the game 3-0. AFP
Arsenal's German goalkeeper Bernd Leno (L) and his teammates react after they concede the third goal during the English Premier League football match between Arsenal and Aston Villa at the Emirates Stadium in London on November 8, 2020. Aston Villa won the game 3-0. AFP
Arsenal's German goalkeeper Bernd Leno (L) and his teammates react after they concede the third goal during the English Premier League football match between Arsenal and Aston Villa at the Emirates Stadium in London on November 8, 2020. Aston Villa won the game 3-0. AFP
Arsenal's German goalkeeper Bernd Leno (L) and his teammates react after they concede the third goal during the English Premier League football match between Arsenal and Aston Villa at the Emirates St

Watkins double powers Aston Villa past Arsenal


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Aston Villa stormed into sixth in the Premier League as Ollie Watkins scored twice in a comprehensive 3-0 win over Arsenal at the Emirates.

Bukayo Saka's own goal opened the scoring for the visitors, who could have run up an even more flattering score as John McGinn had a goal harshly ruled out by VAR and Jack Grealish was denied by a goal-line clearance from Dani Ceballos.

Arsenal beat Manchester United at Old Trafford for the first time in 14 years last weekend in what appeared to be the latest sign that the Gunners were heading in the right direction under Mikel Arteta.

But the Spaniard suffered the joint heaviest defeat of his managing career in a chastening evening for the hosts, who were second best from start to finish.

Villa thought they had taken the lead inside the first minute when McGinn rifled into the roof of the net from Grealish's pass.

But after a VAR review lasting more than four minutes, the goal was ruled out for Ross Barkley in an offside position in front of Arsenal goalkeeper Bernd Leno and ruled to be interfering with play.

Villa had lost their past two matches after a stunning start to the season that included a 7-2 thrashing of Liverpool a month ago.

But Dean Smith's side did not look like a team lacking confidence as Arsenal struggled to cope with the movement of Grealish, Barkley and Watkins.

Barkley's pass freed Matt Targett down the left and his cross was turned into his own net by Saka as he desperately tried to stop Trezeguet from applying the final touch.

Alexandre Lacazette wasted Arsenal's best chance to get back into the game when he wastefully headed over Kieran Tierney's cross just before half-time.

There was a further blow to the hosts at the break as £45 million ($59 million) new signing Thomas Partey had to be replaced by Ceballos because of a thigh injury.

Villa remained the bigger threat in the second half as Bernd Leno was forced into saves by Trezeguet and Grealish.

The visitors finally killed the game off as a contest 18 minutes from time when Watkins, who scored a hat-trick in the win over Liverpool, headed home Barkley's excellent volleyed cross.

Ceballos saved Arsenal moments later when Grealish seemed set to get the goal his performance deserved.

A brilliant counter-attack then gave the scoreline the reflection Villa deserved as Grealish drove forward before feeding Watkins to fire past Leno.

A second consecutive home defeat for Arsenal sees Arteta's men slip to 11th, four points off their major target for the season of a top-four finish.

But Villa are starting to dream about what could be possible as they lie just three points off the top of the table with a game in hand.

UAE players with central contracts

Rohan Mustafa, Ashfaq Ahmed, Chirag Suri, Rameez Shahzad, Shaiman Anwar, Adnan Mufti, Mohammed Usman, Ghulam Shabbir, Ahmed Raza, Qadeer Ahmed, Amir Hayat, Mohammed Naveed and Imran Haider.

UFC Fight Night 2

1am – Early prelims

2am – Prelims

4am-7am – Main card

7:30am-9am – press cons

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UAE currency: the story behind the money in your pockets
What drives subscription retailing?

Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.

The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.

The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.

The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.

UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.

That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.

Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.

Top 5 concerns globally:

1. Unemployment

2. Spread of infectious diseases

3. Fiscal crises

4. Cyber attacks

5. Profound social instability

Top 5 concerns in the Mena region

1. Energy price shock

2. Fiscal crises

3. Spread of infectious diseases

4. Unmanageable inflation

5. Cyber attacks

Source: World Economic Foundation

More from Armen Sarkissian
RESULTS

5pm Maiden (PA) Dh70,000 (Dirt) 1,400m

Winner AF Nashrah, Tadhg O’Shea (jockey), Ernst Oertel (trainer)

5.30pm Maiden (PA) Dh70,000 (D) 1,400m

Winner Mutaqadim, Riccardo Iacopini, Ibrahim Al Hadhrami.

6pm Maiden (PA) Dh70,000 (D) 1,600m

Winner Hameem, Jose Santiago, Abdallah Al Hammadi.

6.30pm Maiden (PA) Dh70,000 (D) 1,600m

Winner AF Almomayaz, Sandro Paiva, Ali Rashid Al Raihe.

7pm Handicap (PA) Dh70,000 (D) 1,800m

Winner Dalil Al Carrere, Fernando Jara, Mohamed Daggash.

7.30pm Handicap (TB) Dh70,000 (D) 1,000m

Winner Lahmoom, Royston Ffrench, Salem bin Ghadayer.

8pm Handicap (PA) Dh70,000 (D) 1,000m

Winner Jayide Al Boraq, Bernardo Pinheiro, Khalifa Al Neyadi.

Sukuk explained

Sukuk are Sharia-compliant financial certificates issued by governments, corporates and other entities. While as an asset class they resemble conventional bonds, there are some significant differences. As interest is prohibited under Sharia, sukuk must contain an underlying transaction, for example a leaseback agreement, and the income that is paid to investors is generated by the underlying asset. Investors must also be prepared to share in both the profits and losses of an enterprise. Nevertheless, sukuk are similar to conventional bonds in that they provide regular payments, and are considered less risky than equities. Most investors would not buy sukuk directly due to high minimum subscriptions, but invest via funds.

Conflict, drought, famine

Estimates of the number of deaths caused by the famine range from 400,000 to 1 million, according to a document prepared for the UK House of Lords in 2024.
It has been claimed that the policies of the Ethiopian government, which took control after deposing Emperor Haile Selassie in a military-led revolution in 1974, contributed to the scale of the famine.
Dr Miriam Bradley, senior lecturer in humanitarian studies at the University of Manchester, has argued that, by the early 1980s, “several government policies combined to cause, rather than prevent, a famine which lasted from 1983 to 1985. Mengistu’s government imposed Stalinist-model agricultural policies involving forced collectivisation and villagisation [relocation of communities into planned villages].
The West became aware of the catastrophe through a series of BBC News reports by journalist Michael Buerk in October 1984 describing a “biblical famine” and containing graphic images of thousands of people, including children, facing starvation.

Band Aid

Bob Geldof, singer with the Irish rock group The Boomtown Rats, formed Band Aid in response to the horrific images shown in the news broadcasts.
With Midge Ure of the band Ultravox, he wrote the hit charity single Do They Know it’s Christmas in December 1984, featuring a string of high-profile musicians.
Following the single’s success, the idea to stage a rock concert evolved.
Live Aid was a series of simultaneous concerts that took place at Wembley Stadium in London, John F Kennedy Stadium in Philadelphia, the US, and at various other venues across the world.
The combined event was broadcast to an estimated worldwide audience of 1.5 billion.