MILWAUKEE // An afterthought in early September, the St Louis Cardinals are taking their wild ride all the way to the World Series.
David Freese hit a three-run homer in the first and Tony La Russa, the Cards manager, turned again to his brilliant bullpen for seven sturdy innings as St Louis captured their 18th pennant with a 12-6 victory over the bumbling Milwaukee Brewers last night.
Albert Pujols and the wild card Cardinals took out the heavily favoured Phillies in the first round, then dispatched their division-rival Brewers on their own turf in Game 6 of the National League Championship Series (NLCS).
Looking for their second title in six seasons, St Louis opens the World Series at home on Wednesday night with Chris Carpenter on the mound against the AL champion Texas Rangers.
Trailing by 10 games in the wild card race on August 25, the Cardinals surged down the stretch and took advantage of a monumental collapse by Atlanta to win a play-off spot on the final night of the regular season.
Now, bolstered by a group of no-name relievers who keep answering La Russa's call, the Cardinals are back in the World Series for the first time since beating Detroit in 2006.
It was a disappointing end to a scintillating season for Prince Fielder, Ryan Braun and the NL Central champions Brewers, who finished with a franchise-record 96 wins, six games ahead of St Louis.
Baseball's best home team collapsed in the NLCS, though, losing twice at Miller Park in an error-filled flop. It was likely Fielder's final game with the Brewers, too. He can become a free agent after the season.
Rafael Furcal and Pujols hit solo homers off Chris Narveson and St Louis built a 9-4 lead by the time the bullpen took over for Edwin Jackson in the third inning.
The group of Fernando Salas, Marc Rzepczynski, Octavio Dotel, Lance Lynn and Jason Motte allowed two runs the rest of the way. For the series, St Louis relievers finished 3-0 with a 1.88 ERA over 28 2-3 innings.
The biggest scare came when Pujols appeared shaken up after tagging out Braun in the fifth inning when he fell hard on his right forearm on a close play at first base. The three-time MVP was slow to get up, but stayed in the game.
St Louis went 15-5 over the final 20 games to clinch a play-off spot on the final day of the regular season. The Cardinals needed Carpenter to throw a shutout to beat the Phillies 1-0 in Game 5 of the NLDS, but took control of this series beginning in Game 2 by jumping out to early leads and letting their bullpen lead the way.
La Russa called on his relievers 28 times in the NLCS and Jackson's start was the shortest of the post-season for the Cardinals rotation, which finished the NLCS with a 7.66 ERA. St Louis became the first team to win a post-season series without a starter reaching the sixth inning, according to STATS LLC.
Corey Hart, Rickie Weeks and Jonathan Lucroy all homered for the Brewers, who won a major league-most 57 times at Miller Park this season and four straight in the post-season before losing Game 2 to the Cardinals.
It was the two ugly defensive performances that will likely linger for Milwaukee, who committed four errors in a 7-1 loss in Game 5 and added three more in Game 6.
The Brewers' biggest hitters — Braun, Fielder and Weeks — finished 1 for 12. Fielder, the All-Star game MVP and the reason St Louis will start at home on Wednesday, received a standing ovation in his final at-bat in the eighth. He grounded out and slowly walked back to the dugout with his head down.
Shaun Marcum, the struggling starter, never really gave Milwaukee a chance and was hurt by defensive plays that were not ruled errors.
In the first, Jon Jay singled with one out and stole second when Weeks could not hold onto Lucroy's throw. Marcum believed he had strike three on Pujols, who ended up walking.
Lance Berkman singled for the second time in 18 career at-bats against Marcum to drive in the first run, and centre fielder Nyjer Morgan made an ill-advised throw to third, with Pujols moving from first to third, that let Berkman advance.
Marcum saved a run by grabbing Matt Holliday's grounded hit and flipping it out of his glove to Lucroy to get Pujols at the plate, but Freese homered on the next pitch to make it 4-0 and extend his post-season hitting streak to 10 games. He was selected the series MVP.
Marcum finished the first, ending his post-season 0-3 with a 14.90 ERA.
Furcal homered off Chris Narveson with two outs in the second and Pujols followed with a drive to left field to give St Louis a 6-4 lead.
Holliday then singled, Freese doubled and the Brewers intentionally walked Yadier Molina with one out. Nick Punto hit a sacrifice fly and pinch-hitter Allen Craig singled in two more runs off LaTroy Hawkins to make it 9-4.
Yuniesky Betancourt's RBI double in the fourth cut the lead to 9-5, but Milwaukee fell apart in the fifth with three errors in a span of two plays.
First, Hart bobbled Freese's single in right field, allowing Holliday to reach third.
Holliday scored on the next play when third baseman Jerry Hairston Jr committed two errors. First, he kicked Molina's grounder and then flipped the ball out of his glove through Weeks' legs at second.
Pinch-hitter Adron Chambers' sacrifice fly gave St Louis an 11-5 lead in the fifth. In the bottom of the inning, Braun's ground-out cut the lead to 11-6, but the focus was on Pujols when he was slow to get up.
La Russa came out to check on his star, who gripped his right forearm and had a brief limp, but stayed in the game. He looked better, contributing a two-out RBI single in the eighth for the final margin.
Jackson allowed Hart and Weeks to lead off the first two innings with homers and Lucroy added a two-run shot to cut the lead to 5-4 after the second. St Louis answered back with four more runs, keyed when Jackson was pulled for Craig, who delivered the two-run single.
Salas caught a break in the third when Jay made a leaping catch of Fielder's drive at the wall in right-centre. Jay added another spectacular grab, crashing into the padding in the ninth with Motte on the mound.
One out later, the celebration was on.
NO OTHER LAND
Director: Basel Adra, Yuval Abraham, Rachel Szor, Hamdan Ballal
Stars: Basel Adra, Yuval Abraham
Rating: 3.5/5
Company%20profile
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In numbers: PKK’s money network in Europe
Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010
Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille
Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm
Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year
Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”
Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners
TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013
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.”
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COMPANY PROFILE
Name: Kumulus Water
Started: 2021
Founders: Iheb Triki and Mohamed Ali Abid
Based: Tunisia
Sector: Water technology
Number of staff: 22
Investment raised: $4 million
Company%20Profile
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The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
A MINECRAFT MOVIE
Director: Jared Hess
Starring: Jack Black, Jennifer Coolidge, Jason Momoa
Rating: 3/5
COMPANY%20PROFILE
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Tips to avoid getting scammed
1) Beware of cheques presented late on Thursday
2) Visit an RTA centre to change registration only after receiving payment
3) Be aware of people asking to test drive the car alone
4) Try not to close the sale at night
5) Don't be rushed into a sale
6) Call 901 if you see any suspicious behaviour
Sri Lanka squad
Dinesh Chandimal, Dimuth Karunaratne, Kaushal Silva, Kusal Mendis, Angelo Mathews, Lahiru Thirimanne, Niroshan Dickwella, Sadeera Samarawickrama, Rangana Herath, Suranga Lakmal, Nuwan Pradeep, Lakshan Sandakan, Vishwa Fernando, Lahiru Kumara, Jeffrey Vandersay, Milinda Siriwardana, Roshen Silva, Akila Dananjaya, Charith Asalanka, Shaminda Eranga and Dhammika Prasad.
UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
The Brutalist
Director: Brady Corbet
Stars: Adrien Brody, Felicity Jones, Guy Pearce, Joe Alwyn
Rating: 3.5/5
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How tumultuous protests grew
- A fuel tax protest by French drivers appealed to wider anti-government sentiment
- Unlike previous French demonstrations there was no trade union or organised movement involved
- Demonstrators responded to online petitions and flooded squares to block traffic
- At its height there were almost 300,000 on the streets in support
- Named after the high visibility jackets that drivers must keep in cars
- Clashes soon turned violent as thousands fought with police at cordons
- An estimated two dozen people lost eyes and many others were admitted to hospital