If you want to spot a Palme d'Or-winner in the making, it is said you should look not at the films but at the jury. That approach wouldn't have led you far astray as the 62nd Cannes Film Festival came to an end on Sunday.
The jury of film actors, writers and directors led by the veteran French star Isabelle Huppert gave its highest award to The White Ribbon, an austere, symbolically freighted drama about dark deeds in a German village on the eve of the First World War. It was made by Michael Haneke, who coincidentally enjoyed his greatest success directing Huppert in The Piano Teacher seven years ago; his new film was indeed one of the most admired in competition, a rare triumph in a festival in which many of his fellow auteurs - Pedro Almódovar, Ken Loach and Ang Lee among them - underperformed. However it was expected that Huppert's jury would want to avoid the appearance of partiality. No such squeamishness here, which is in its own way admirable.
Haneke's victory edged out the long-standing favourite, Jacques Audiard's Un Prophète, which depicts the rise of a North African crime boss through a provincial French jail. The film picked up de facto second place, the Grand Prix, despite having been tipped for the Palme ever since it first screened a fortnight ago.
Asked, as he claimed, for the 40th time in 20 minutes whether he felt cheated of his rightful victory, Audiard humorously demanded to know if there was something wrong with the prize he had actually received, a good-natured line which was well-taken at the press conference following the closing ceremony.
Audiard's award was hardly the most controversial of the jury's decisions. The prizes for best direction and best screenplay went to Brilliante Mendoza's Kinatay and Lou Ye's Spring Fever respectively. The former, a real-time and ultra-naturalistic depiction of an abduction and dismemberment, had been reviewed variously as "unsubtle", "unpleasant", "unremittingly tedious" and "vile". Ye's melodrama, on the other hand, was widely criticised precisely for the aimlessness of its script, which was developed on the fly during illegal shoots in China. Jeers greeted both announcements.
There were further catcalls following the announcement that Park Chan-wook's campy vampire saga Thirst would be sharing the Jury Prize with the favourably received Fish Tank, a solid piece of British social realism from Andrea Arnold. Accepting the award, Park announced: "I think I still have a long way to go to be a true artist." Cue vocal agreement in the press screening.
Other awards hewed closer to the critical consensus. Alain Resnais, the 87-year-old director of Hiroshima Mon Amour, Last Year at Marienbad and Wild Grass, one of this festival's most ingenious and purely pleasurable films, was given a lifetime achievement gong. The prizes for best actor and actress went to Christoph Waltz and Charlotte Gainsbourg. Waltz was nominated for his crowd-delighting turn as a Nazi colonel in Quentin Tarantino's Inglourious Basterds. In an emotional acceptance speech, he said cryptically that Tarantino "gave me my vocation back". Gainsbourg's prize on the other hand may be one of the hardest-won in the history of cinema: her performance in Lars Von Trier's psychodrama Antichrist, though perhaps not great acting in a conventional sense, is nonetheless by turns exposing, harrowing and quite possibly traumatising. She earned that prize. All the same, she seems to be on better terms with Trier than his previous leading ladies, Björk and Nicole Kidman, each of whom he reportedly drove up the wall. Gainsbourg thanked the director warmly and spoke of her complete trust in his vision.
The Camera d'Or went to one of the highlights of the Un Certain Regard programme, Samson and Delilah, a simultaneously furious and meditative depiction of Australian Aboriginal lives nearly destroyed through neglect. Its teenage stars, Rowan McNamara and Marissa Gibson, wouldn't learn of their victory until someone could visit them at home since, as the director Warwick Thornton explained, neither of them has a phone. That may have to change: their sensitive performances have marked them for great things.
Finally, it's gratifying that the most impressive film I saw at the festival came away with a significant award. On Saturday, the Greek director Yorgos Lanthimos's second feature, Dogtooth, claimed the big prize for the Un Certain Regard programme. A surreal and disturbing fable about a family of grown-up children who have been lied to about the outside world all their lives, the film bears a certain thematic resemblance to The White Ribbon: both read as fables about paternalism. Where Haneke's film has portentous austerity, however, Dogtooth offers excellent jokes and skin-crawling craziness. It could have been shot on Haneke's catering budget, but it makes up for that in great ideas and terrific writing. Here's hoping the award gets it the attention it deserves. After all, what else is Cannes for?
A little about CVRL
Founded in 1985 by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the Central Veterinary Research Laboratory (CVRL) is a government diagnostic centre that provides testing and research facilities to the UAE and neighbouring countries.
One of its main goals is to provide permanent treatment solutions for veterinary related diseases.
The taxidermy centre was established 12 years ago and is headed by Dr Ulrich Wernery.
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If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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.”
Electric scooters: some rules to remember
- Riders must be 14-years-old or over
- Wear a protective helmet
- Park the electric scooter in designated parking lots (if any)
- Do not leave electric scooter in locations that obstruct traffic or pedestrians
- Solo riders only, no passengers allowed
- Do not drive outside designated lanes
Top 10 most polluted cities
- Bhiwadi, India
- Ghaziabad, India
- Hotan, China
- Delhi, India
- Jaunpur, India
- Faisalabad, Pakistan
- Noida, India
- Bahawalpur, Pakistan
- Peshawar, Pakistan
- Bagpat, India
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The bio
His favourite book - 1984 by George Orwell
His favourite quote - 'If you think education is expensive, try ignorance' by Derek Bok, Former President of Harvard
Favourite place to travel to - Peloponnese, Southern Greece
Favourite movie - The Last Emperor
Favourite personality from history - Alexander the Great
Role Model - My father, Yiannis Davos
THE SPECS
Engine: 6.75-litre twin-turbocharged V12 petrol engine
Power: 420kW
Torque: 780Nm
Transmission: 8-speed automatic
Price: From Dh1,350,000
On sale: Available for preorder now
The Bio
Ram Buxani earned a salary of 125 rupees per month in 1959
Indian currency was then legal tender in the Trucial States.
He received the wages plus food, accommodation, a haircut and cinema ticket twice a month and actuals for shaving and laundry expenses
Buxani followed in his father’s footsteps when he applied for a job overseas
His father Jivat Ram worked in general merchandize store in Gibraltar and the Canary Islands in the early 1930s
Buxani grew the UAE business over several sectors from retail to financial services but is attached to the original textile business
He talks in detail about natural fibres, the texture of cloth, mirrorwork and embroidery
Buxani lives by a simple philosophy – do good to all
ENGLAND TEAM
Alastair Cook, Mark Stoneman, James Vince, Joe Root (captain), Dawid Malan, Jonny Bairstow, Moeen Ali, Chris Woakes, Craig Overton, Stuart Broad, James Anderson
The specs
Engine: 2.7-litre 4-cylinder Turbomax
Power: 310hp
Torque: 583Nm
Transmission: 8-speed automatic
Price: From Dh192,500
On sale: Now
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
Formula Middle East Calendar (Formula Regional and Formula 4)
Round 1: January 17-19, Yas Marina Circuit – Abu Dhabi
Round 2: January 22-23, Yas Marina Circuit – Abu Dhabi
Round 3: February 7-9, Dubai Autodrome – Dubai
Round 4: February 14-16, Yas Marina Circuit – Abu Dhabi
Round 5: February 25-27, Jeddah Corniche Circuit – Saudi Arabia
How to avoid crypto fraud
- Use unique usernames and passwords while enabling multi-factor authentication.
- Use an offline private key, a physical device that requires manual activation, whenever you access your wallet.
- Avoid suspicious social media ads promoting fraudulent schemes.
- Only invest in crypto projects that you fully understand.
- Critically assess whether a project’s promises or returns seem too good to be true.
- Only use reputable platforms that have a track record of strong regulatory compliance.
- Store funds in hardware wallets as opposed to online exchanges.
Washmen Profile
Date Started: May 2015
Founders: Rami Shaar and Jad Halaoui
Based: Dubai, UAE
Sector: Laundry
Employees: 170
Funding: about $8m
Funders: Addventure, B&Y Partners, Clara Ventures, Cedar Mundi Partners, Henkel Ventures
THE SPECS
Engine: 2.0-litre four-cylinder turbo
Transmission: eight-speed automatic
Power: 258hp at 5,000-6,500rpm
Torque: 400Nm from 1,550-4,400rpm
Fuel economy, combined: 6.4L/100km
Price, base: from D215,000 (Dh230,000 as tested)
On sale: now
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.
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UAE currency: the story behind the money in your pockets
Paatal Lok season two
Directors: Avinash Arun, Prosit Roy
Stars: Jaideep Ahlawat, Ishwak Singh, Lc Sekhose, Merenla Imsong
Rating: 4.5/5