Luis Suarez's 18th goal of season extends Atletico's lead over Barcelona in La Liga


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Luis Suarez's penalty sent Atletico Madrid six points clear at the top of La Liga on Wednesday as the leaders survived a scare to beat a resurgent Athletic Bilbao 2-1.

Atletico conceded late to draw with Real Madrid on Sunday, a result that kept their opponents in the title race and allowed Barcelona to move just three points behind.

But Diego Simeone's side made full use of their last game in hand, with Marcos Llorente's header and a Suarez spot-kick overturning Iker Muniain's opener for Bilbao, who had dominated the first half.

Suarez and Llorente have been the driving forces behind Atletico's charge this term and so it proved again at the Wanda Metropolitano, with Suarez scoring his 18th league goal of the season, after Llorente had nodded in his ninth.

"For a year now Marcos has exemplified the word effort," said Simeone.

"He arrived at the club, he wasn't in the team, not even on the bench, but he kept training and making the effort to get to where he wanted to get to and he managed it."

Victory also puts Atleti eight points clear of Real Madrid and while Atletico still have to play at Barcelona in May, a Clasico next month at the Santiago Bernabeu complicates matters further for their chasing rivals.

By conceding to Karim Benzema in the 88th minute on Sunday, Atletico squandered the chance to land a heavy blow on Real Madrid and it would have been easy to let the disappointment linger.

Instead, they rallied to defeat one of the form sides in the league and take another step closer to lifting their first La Liga title since 2014.

"It was certainly very important," said Simeone. "After Sunday, we needed to get back to winning."

Bilbao have been transformed since the appointment of Marcelino Garcia Toral, who in two months has seen them win the Spanish Super Cup, reach the final of the Copa del Rey and climb back into contention for European qualification in La Liga.

His team were stronger and sharper in the first half, pushing Atletico to retreat further and further towards their own goal.

They took a deserved lead when Oscar de Marcos' superb pass sent Inaki Williams in behind and his cutback found the arriving Muniain, whose scuffed finish squirmed its way in.

Atletico struggled for chances but, against the run of play, found a lifeline on the stroke of half-time with a goal very similar to Bilbao's.

This time Thomas Lemar was threaded through and his cross was met by the head of Llorente.

It was a crucial goal, changing the complexion of the second half, with Atletico beginning where they left off.

Llorente found Suarez, who wriggled past Unai Nunez and tumbled over his dangling leg. Suarez drove the penalty into the corner.

Atletico could have made it more comfortable but Yannick Carrasco failed to finish a Suarez cross while Llorente was unable to make the most of openings down the right.

A nervy finish gave Bilbao a chance but they let it slip through their fingers, Unai glancing a header into the grateful hands of Jan Oblak.

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RESULTS
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Tell-tale signs of burnout

- loss of confidence and appetite

- irritability and emotional outbursts

- sadness

- persistent physical ailments such as headaches, frequent infections and fatigue

- substance abuse, such as smoking or drinking more

- impaired judgement

- excessive and continuous worrying

- irregular sleep patterns

 

Tips to help overcome burnout

Acknowledge how you are feeling by listening to your warning signs. Set boundaries and learn to say ‘no’

Do activities that you want to do as well as things you have to do

Undertake at least 30 minutes of exercise per day. It releases an abundance of feel-good hormones

Find your form of relaxation and make time for it each day e.g. soothing music, reading or mindful meditation

Sleep and wake at the same time every day, even if your sleep pattern was disrupted. Without enough sleep condition such as stress, anxiety and depression can thrive.

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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.

UPI facts

More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions

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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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AiFlux – renewables, oil and gas

DevisionX – manufacturing

Event Gates – security and manufacturing

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Trade Capital Partners – FinTech

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MATCH INFO

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UAE currency: the story behind the money in your pockets
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It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5