Football fans across Germany will be hoping a "psychic" cephalopod's fabled skills of prophecy have failed him after Paul the octopus predicted a German loss in their World Cup semi-final with Spain.
With a 100 per cent record so far, the British-born aquarium dweller at Sea Life in Oberhausen, western Germany, has become a celebrity having correctly predicted a series of German wins and even Germany's surprise group stage loss to Serbia.
Yesterday, Paul once again was given the choice of picking food from two different plastic containers lowered into his tank - one decorated with a Spanish flag and one with a German flag.The container which Paul opens first is seen as his pick.
He settled on both containers at first in a sign of hesitation before opening the box with the Spanish flag. The decision was broadcast live on several news channels in Germany, although commentators immediately cast doubt over the prediction by Paul, who was born in Weymouth, England.
While Paul has been faultless at the World Cup so far, he is not infallible - at Euro 2008 he incorrectly picked Germany as the victor against Spain.
Goodluck Jonathan, the Nigerian president, said yesterday that hundreds of posts on his Facebook page had helped persuade him to reverse his suspension of the national football team from international competitions. On Monday, Jonathan rescinded a two-year suspension imposed following the side's embarrassing performance at the World Cup. The Super Eagles were knocked out in the group stage after failing to win a game. "To Suleiman Musa, Nwanze Francis Uchenna and Ifade Udunayo Peter and the hundreds of Nigerians who appealed to me on this page, I have listened to your voices and those of others," Jonathan said. "We must now work together to make sure that the Nigerian Football Federation and our players do us proud in future events," he wrote on the social networking site. The presidency confirmed late last month that Jonathan had launched a page on Facebook. The leader of Africa's most populous nation has more than 75,000 Facebook followers and lists his political views as "moderate".
Fifa will continue monitoring Nigerian football for political interference despite the government backing down on threats to remove its national teams from competition. Fifa was poised to suspend Nigeria from world football - a move which would also have affected club teams, referees and officials - when a peace agreement was reached on Monday.
Jacob Zuma, the South Africa president, says the World Cup has been an economic success for his nation. Zuma told an investment conference in Cape Town that the country got a good return on its tens of billions of dollars invested on transport infrastructure, telecommunications and stadiums. He said that investment in stadiums created some 66,000 new construction jobs, while money spent on security means the country has an additional 40,000 police officers.
Ghanaians turned out in their thousands to cheer their team's arrival home late on Monday night, spraying the plane carrying the team with water cannons and rolling out the red carpet for the World Cup's surprise quarter-finalists. The Black Stars matched African pioneers Cameroon (1990) and Senegal (2002) in reaching the last eight of the World Cup, before losing on penalties to Uruguay. Many revellers at the airport draped themselves in the country's national colours of green, gold and red. "The Stars fought gallantly, not only making Ghana proud, but the entire African continent," said Felicia Acheampong, a 53-year-old teacher who was part of the celebrations. Tony Bakah, a 42-year-old man blowing a red, gold and green vuvuzela horn, had nicknamed his newborn baby "Olele", the affectionate nickname of Richard Kingson, the Ghana goalkeeper. "It's a way of remembering the performance of the Stars," he said.
Justo Villar, the Paraguay captain, has hit out at Fifa for giving the World Cup to South Africa, claiming the country were not prepared to host the tournament. South Africa has generally garnered praise for their hosting of football's showpiece event as many pre-tournament fears failed to materialise. However, Villar, who was playing in his third World Cup, insists that behind the scenes it was a very different story. "I think South Africa weren't prepared to host the World Cup," the Valladolid goalkeeper told Telefuturo. "A mountain of things happened. Like in the first game, against Italy, when we had to go to the hotel, the bus broke down - a new bus - and we had to wait 45 minutes and we had to go in taxis. Fifa only care about the stadiums and what you see on TV."`
How to apply for a drone permit
- Individuals must register on UAE Drone app or website using their UAE Pass
- Add all their personal details, including name, nationality, passport number, Emiratis ID, email and phone number
- Upload the training certificate from a centre accredited by the GCAA
- Submit their request
What are the regulations?
- Fly it within visual line of sight
- Never over populated areas
- Ensure maximum flying height of 400 feet (122 metres) above ground level is not crossed
- Users must avoid flying over restricted areas listed on the UAE Drone app
- Only fly the drone during the day, and never at night
- Should have a live feed of the drone flight
- Drones must weigh 5 kg or less
Ms Yang's top tips for parents new to the UAE
- Join parent networks
- Look beyond school fees
- Keep an open mind
Company profile
Name: Infinite8
Based: Dubai
Launch year: 2017
Number of employees: 90
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Learn more about Qasr Al Hosn
In 2013, The National's History Project went beyond the walls to see what life was like living in Abu Dhabi's fabled fort:
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
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Election pledges on migration
CDU: "Now is the time to control the German borders and enforce strict border rejections"
SPD: "Border closures and blanket rejections at internal borders contradict the spirit of a common area of freedom"
Specs
Engine: Electric motor generating 54.2kWh (Cooper SE and Aceman SE), 64.6kW (Countryman All4 SE)
Power: 218hp (Cooper and Aceman), 313hp (Countryman)
Torque: 330Nm (Cooper and Aceman), 494Nm (Countryman)
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Engine: 51.5kW electric motor
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The specs
Engine: four-litre V6 and 3.5-litre V6 twin-turbo
Transmission: six-speed and 10-speed
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Torque: 385 and 650Nm
Price: from Dh229,900 to Dh355,000
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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A cheaper choice
Vanuatu: $130,000
Why on earth pick Vanuatu? Easy. The South Pacific country has no income tax, wealth tax, capital gains or inheritance tax. And in 2015, when it was hit by Cyclone Pam, it signed an agreement with the EU that gave it some serious passport power.
Cost: A minimum investment of $130,000 for a family of up to four, plus $25,000 in fees.
Criteria: Applicants must have a minimum net worth of $250,000. The process take six to eight weeks, after which the investor must travel to Vanuatu or Hong Kong to take the oath of allegiance. Citizenship and passport are normally provided on the same day.
Benefits: No tax, no restrictions on dual citizenship, no requirement to visit or reside to retain a passport. Visa-free access to 129 countries.
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Engine: Dual-motor all-wheel-drive electric
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2025 Fifa Club World Cup groups
Group A: Palmeiras, Porto, Al Ahly, Inter Miami.
Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.
Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.
Group D: Flamengo, ES Tunis, Chelsea, (Leon banned).
Group E: River Plate, Urawa, Monterrey, Inter Milan.
Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.
Group G: Manchester City, Wydad, Al Ain, Juventus.
Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.
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.
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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
8 traditional Jamaican dishes to try at Kingston 21
- Trench Town Rock: Jamaican-style curry goat served in a pastry basket with a carrot and potato garnish
- Rock Steady Jerk Chicken: chicken marinated for 24 hours and slow-cooked on the grill
- Mento Oxtail: flavoured oxtail stewed for five hours with herbs
- Ackee and salt fish: the national dish of Jamaica makes for a hearty breakfast
- Jamaican porridge: another breakfast favourite, can be made with peanut, cornmeal, banana and plantain
- Jamaican beef patty: a pastry with ground beef filling
- Hellshire Pon di Beach: Fresh fish with pickles
- Out of Many: traditional sweet potato pudding