Watson philosophical after another miss



Shane Watson described his unusual run-out on the first day of the Boxing Day Test against Pakistan as "just one of those things". The Queenslander fell just short of a maiden Test century for the third match in a row but helped put Australia in a dominant position at 305 for three heading into the second day tomorrow. Following knocks of 96 and 89 against the West Indies, Watson was in the box seat for an elusive ton after smashing the inexperienced Pakistan attack to all parts of the MCG. Unlike in Adelaide, however, when he was bowled by spinner Sulieman Benn after attempting a full-blooded pull shot, or in Perth, where he copped a ripper of a delivery from Kemar Roach, the manner of his dismissal in Melbourne was simply bemusing.

On 93, Watson was involved in a horrible mix-up with fellow opener Simon Katich that saw both batsmen finish up at the same end. The left-hander had set off for a run before turning his back on Watson, who continued through to the striker's end. With both players stranded at the one end, the third umpire was needed to determine who got back to the crease first and, after a minute of deliberation, the decision went against Watson. The pair had put on 182 runs for the first wicket, their third lengthy partnership of the summer. "It's just one of those things, there wasn't too much communication that went on there unfortunately," Watson said of his dismissal.

"I definitely knew it must have been me that was out because we both ended up the same spot and he came from that end. It wasn't destined to be today. It took me a little while to calm down but you see the big picture, I'd definitely take 93 at the start of the day in my first Boxing Day Test." Watson brought up his sixth half-century in 11 innings as an opener since taking over the position from the specialist Phillip Hughes during the Ashes. "I feel very confident now opening the batting for Australia and feel I can set up a good platform for the team. "One day hopefully it (a century) will come. If I keep batting the way that I am I know it's not going to be too far away. So hopefully it comes sooner rather than later." Katich fell shortly after for 98 and captain Ricky Ponting for 57 - taking Australia's total of batsmen who have made half-centuries this summer to 18 without converting any into triple figures.

Watson revealed the team are working on ways to break the run of outs in an attempt to reach the milestone. "It's definitely a mental thing, I've got no doubt about that. It's something we talked about before Perth and sometimes the more you talk about it, the more it comes into your head the closer you get to that milestone," he said. "It's just something that we've got to continue to work through as a group. "In a perfect world, hundreds will be very nice - and I'd be the first one to take one - but it's something we've got to continue to work together so it doesn't come in our mind as much as it probably is at the moment." Meanwhile, Watson has no doubt Ponting will play a significant role in the Test after being passed fit by medical staff. The skipper had been a doubt all week after suffering a blow to the elbow. "I knew he'd be at his best. Obviously he'll be disappointed not to get a hundred here because normally every time he bats here he gets one on a Boxing Day Test," Watson added. * PA Sport Australia v Pakistan, Day Two, 3.30am start, Showsports 2

Australia: S Watson run out (Butt/Farhat) 93 S Katich c Butt b Asif 98 R Ponting c Haq b Asif 57 M Hussey batting 38 N Hauritz batting 5 Extras: (5nb, 8lb, 1b) 14 Total: (90 overs, 3 wickets) 305 Fall of wickets: 1-182 (Watson), 2-233 (Katich), 3-291 (Ponting) Bowling: Mohammad Asif 21-4-69-2 Mohammad Aamer 19-6-52-0 Abdur Rauf 15-2-61-0 Saeed Ajmal 32-3-101-0 Imran Farhat 3-0-13-0

Analysis

Members of Syria's Alawite minority community face threat in their heartland after one of the deadliest days in country’s recent history. Read more

WISH
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Chris%20Buck%2C%20Fawn%20Veerasunthorn%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Ariana%20DeBose%2C%20Chris%20Pine%2C%20Alan%20Tudyk%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203.5%2F5%3C%2Fp%3E%0A

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 specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Specs

Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Paatal Lok season two

Directors: Avinash Arun, Prosit Roy 

Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong

Rating: 4.5/5