Australian players will now be able to complete their IPL commitments ahead of the T20 World Cup in the UAE. Sportzpics for IPL
Australian players will now be able to complete their IPL commitments ahead of the T20 World Cup in the UAE. Sportzpics for IPL
Australian players will now be able to complete their IPL commitments ahead of the T20 World Cup in the UAE. Sportzpics for IPL
Australian players will now be able to complete their IPL commitments ahead of the T20 World Cup in the UAE. Sportzpics for IPL

Australian cricketers cleared to play IPL in UAE ahead of T20 World Cup


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Australia's scheduled one-day international series against Afghanistan in India has been postponed, the cricket boards of the respective countries said on Sunday, leaving players free to fulfil their Indian Premier League (IPL) commitments.

The three ODIs were supposed to take place ahead of the Twenty20 World Cup but the showpiece event has now been moved to the UAE because of the ongoing pandemic in India.

The Afghanistan Cricket Board (ACB) "and Cricket Australia agreed to postpone the tour given the complexities of travel, quarantine periods and a finding a suitable location for the matches given the relocation of the T20 World Cup to the UAE," the boards said in a statement.

"With the World Cup relocated from India to the UAE, the ACB will continue to explore the possibility of hosting a proposed T20 tri-series involving Australia and the West Indies."

The IPL was suspended indefinitely in May after several players and backroom staff tested positive for Covid-19. The remaining matches will now be played in the UAE from September 19 to October 15.

Despite the proximity of the tournament to the T20 World Cup, Cricket Australia said it will grant permission for their players to take part and fulfil their contracts.

"No Objection Certificates will be granted to Australian players wishing to take part in the remaining upcoming Indian Premier League (IPL) matches to be played in the UAE," Cricket Australia said.

While Australia fast bowler Pat Cummins has already said he will miss the conclusion of the IPL due to the impending birth of his first child, other top players such as David Warner and Steve Smith are now free to participate.

The Twenty20 World Cup will take place in the UAE and Oman just two days after the conclusion of the IPL and run until November 14.

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Evacuations to France hit by controversy
  • Over 500 Gazans have been evacuated to France since November 2023
  • Evacuations were paused after a student already in France posted anti-Semitic content and was subsequently expelled to Qatar
  • The Foreign Ministry launched a review to determine how authorities failed to detect the posts before her entry
  • Artists and researchers fall under a programme called Pause that began in 2017
  • It has benefited more than 700 people from 44 countries, including Syria, Turkey, Iran, and Sudan
  • Since the start of the Gaza war, it has also included 45 Gazan beneficiaries
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How to keep control of your emotions

If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.

Greed

Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.

Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.

Fear

The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.

Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.

Hope

While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.

Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.

Frustration

Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.

Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.

Boredom

Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.

Tip: Open an online demo account and get your thrills without risking real money.

VEZEETA PROFILE

Date started: 2012

Founder: Amir Barsoum

Based: Dubai, UAE

Sector: HealthTech / MedTech

Size: 300 employees

Funding: $22.6 million (as of September 2018)

Investors: Technology Development Fund, Silicon Badia, Beco Capital, Vostok New Ventures, Endeavour Catalyst, Crescent Enterprises’ CE-Ventures, Saudi Technology Ventures and IFC

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching

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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

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Genoa 1 (Kouame 40)

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Updated: August 15, 2021, 10:32 AM`