UAE's Samaira Dharnidharka, right, starred with ball and bat in the U19 World Cup against Scotland in South Africa. Pawan Singh / The National
UAE's Samaira Dharnidharka, right, starred with ball and bat in the U19 World Cup against Scotland in South Africa. Pawan Singh / The National
UAE's Samaira Dharnidharka, right, starred with ball and bat in the U19 World Cup against Scotland in South Africa. Pawan Singh / The National
UAE's Samaira Dharnidharka, right, starred with ball and bat in the U19 World Cup against Scotland in South Africa. Pawan Singh / The National

UAE make winning start in U19 women's T20 World Cup


Paul Radley
  • English
  • Arabic

The UAE won their first match at a global women’s event after they beat Scotland by six wickets in the opening match of the U19 women’s T20 World Cup in South Africa.

The age-group side claimed a six-wicket success with the best part of four overs to spare in Benoni.

The competition is the first time a female side from the Emirates has played at a leading international event.

The men have played twice in each of the 50-over and T20 World Cups at senior level, while the boys U19 side have twice appeared in their age-group World Cup.

Indhuja Nandakumar, Vaishnave Mahesh and Samaira Dharnidharka took two wicket apiece as UAE limited the Scots to 99-9 from their 20 overs.

Captain Theertha Satish got the reply off to a solid start as she made 27 from 24 balls.

Dharnidharka made 23, before Mahika Gaur hurried her side to the winning line. Her unbeaten 33 from 25 balls included the winning runs, from the second ball of the 17th over.

The national team face India next on Monday, before their final group game against hosts South Africa two days later.

The opening morning of matches also threw up a significant shock as Australia were beaten by Bangladesh.

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Low turnout
Two months before the first round on April 10, the appetite of voters for the election is low.

Mathieu Gallard, account manager with Ipsos, which conducted the most recent poll, said current forecasts suggested only two-thirds were "very likely" to vote in the first round, compared with a 78 per cent turnout in the 2017 presidential elections.

"It depends on how interesting the campaign is on their main concerns," he told The National. "Just now, it's hard to say who, between Macron and the candidates of the right, would be most affected by a low turnout."

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Nayanthara: Beyond The Fairy Tale

Starring: Nayanthara, Vignesh Shivan, Radhika Sarathkumar, Nagarjuna Akkineni

Director: Amith Krishnan

Rating: 3.5/5

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Four reasons global stock markets are falling right now

There are many factors worrying investors right now and triggering a rush out of stock markets. Here are four of the biggest:

1. Rising US interest rates

The US Federal Reserve has increased interest rates three times this year in a bid to prevent its buoyant economy from overheating. They now stand at between 2 and 2.25 per cent and markets are pencilling in three more rises next year.

Kim Catechis, manager of the Legg Mason Martin Currie Global Emerging Markets Fund, says US inflation is rising and the Fed will continue to raise rates in 2019. “With inflationary pressures growing, an increasing number of corporates are guiding profitability expectations downwards for 2018 and 2019, citing the negative impact of rising costs.”

At the same time as rates are rising, central bankers in the US and Europe have been ending quantitative easing, bringing the era of cheap money to an end.

2. Stronger dollar

High US rates have driven up the value of the dollar and bond yields, and this is putting pressure on emerging market countries that took advantage of low interest rates to run up trillions in dollar-denominated debt. They have also suffered capital outflows as international investors have switched to the US, driving markets lower. Omar Negyal, portfolio manager of the JP Morgan Global Emerging Markets Income Trust, says this looks like a buying opportunity. “Despite short-term volatility we remain positive about long-term prospects and profitability for emerging markets.” 

3. Global trade war

Ritu Vohora, investment director at fund manager M&G, says markets fear that US President Donald Trump’s spat with China will escalate into a full-blown global trade war, with both sides suffering. “The US economy is robust enough to absorb higher input costs now, but this may not be the case as tariffs escalate. However, with a host of factors hitting investor sentiment, this is becoming a stock picker’s market.”

4. Eurozone uncertainty

Europe faces two challenges right now in the shape of Brexit and the new populist government in eurozone member Italy.

Chris Beauchamp, chief market analyst at IG, which has offices in Dubai, says the stand-off between between Rome and Brussels threatens to become much more serious. "As with Brexit, neither side appears willing to step back from the edge, threatening more trouble down the line.”

The European economy may also be slowing, Mr Beauchamp warns. “A four-year low in eurozone manufacturing confidence highlights the fact that producers see a bumpy road ahead, with US-EU trade talks remaining a major question-mark for exporters.”

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German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Updated: January 14, 2023, 12:23 PM