Two-time Los Angeles gold medalist Greg Louganis bangs his headin Seoul 1988.
Two-time Los Angeles gold medalist Greg Louganis bangs his headin Seoul 1988.

Olympics: Flames of controversy



Moscow 1980

A massive celebration to demonstrate the superiority of the communist system was disrupted through a US-led boycott after the Soviet Union's invasion of Afghanistan the previous year.

British athletes were discouraged from attending the Games but not banned which gave Sebastian Coe and Steve Ovett the opportunity to consummate one of the great sporting rivalries on the ultimate stage.

Coe, who had taken a second off Juantorena's world record in the previous year, ran a tactically inept race in the 800 metres to finish behind Ovett.

Ovett was now favourite to emulate Juantorena's double four years earlier but this time Coe was determined to show he was a racer as well as a record-breaker and a ferocious finish ensured the gold.

Miruts Yifter won the 5,000-10,000m double for Ethiopia and Cuba's Tefilo Stevenson claimed a third heavyweight boxing title.

Los Angeles 1984

The Soviet Union predictably retaliated for their Moscow humiliation by boycotting the second Games in the 'city of angels', which did not upset a jingoistic home crowd in the least.

They cheered Carl Lewis as he won the same four gold medals as Jesse Owens in 1936 and revelled in Joan Benoit's victory in the first women's Olympic marathon.

In the absence of the East Germans, Valerie Brisco-Hooks won the 200-400m double and Ed Moses, unbeaten in 104 previous races, displayed his enduring excellence by winning the 400m hurdles.

Mary Lou Retton became an instant heroine and attracted a flood of endorsements when she won the women's individual all-round event and Moroccan Nawal El Moutawakel became the first woman from an Islamic nation to win an Olympic title with victory in the 400m hurdles.

Californian Mary Decker, a double gold medallists at the first world championships the previous year, tumbled to the track after colliding with Zola Budd in the 3,000m. The barefoot Budd, running for Britain under a flag of convenience because her native South Africa was still banned, left the arena in tears to a chorus of boos and whistles.

Coe, who had been afflicted by a serious viral illness, became the first man to retain the Olympic 1,500m title. His compatriot Daley Thompson retained the decathlon crown after an epic confrontation with Germany's world record holder Juergen Hingsen.

Seoul 1988

Tensions with North Korea, a potentially serious threat, dissipated sufficiently to allow the Games to go ahead peacefully. They were then embroiled in the biggest doping scandal to hit the Olympics yet when Canadian Ben Johnson tested positive for the steroid stanozolol after defeating Lewis in world record time in the 100m final.

Following his abrupt departure from Seoul, media attention focused on Florence Griffith-Joyner, whose 100m and 200m world records set in 1988 have not subsequently been neared let alone broken. Griffith-Joyner, who never failed a dope test, retired suddenly the following year after random drugs testing was introduced and died 10 years later.

Boxing was bedevilled by appallingly prejudiced judging with New Zealand referee Keith Walker jostled by local officials after awarding a decision against a South Korean and there was a spate of positive tests in the weightlifting.

On the plus side, Kenyan men won the 800m, 1,500m, 5,000m and steeplechase titles. American Greg Louganis retained his springboard diving title with stitches inserted his head after hitting after the board in the preliminaries.

Barcelona 1992

The Catalan capital, a city of architectural marvels, laid on a stylish Games based on the hill of Montjuic overlooking the harbour.

South Africa were readmitted to the Games leading to an unforgettable women's 10,000m final where black athlete Derartu Tulu of Ethiopia defeated white South African Elana Meyer. The pair held hands on a lap of honour.

Lewis failed to qualify for the American 100m team, an event won by Briton Linford Christie, but retained the long jump title and ran a sizzling final leg on the winning 4x100m relay team. Belarusian Vitali Scherbo won six of the eight men's gymnastics titles, including four in a single day.

High on Montjuic, 13-year-old Chinese Mingxia Fu entranced spectators to become the youngest Olympic diving champion. Michael Jordan, Magic Johnson and Larry Bird celebrated the arrival of US NBA professionals to the Games by helping the 'Dream Team' cruise to the gold medal.

Atlanta 1996

The Games were afflicted by logistical problems, most notably transport, after a bomb explosion in Centennial Park which killed two people and injured more than 100.

The overt commercial hustling was also distasteful but the true Olympic spirit ultimately triumphed with Muhammad Ali, his hands trembling with the effects of Parkinson's syndrome, lighting the flame through sheer force of will.

Michael Johnson won an unprecedented 200-400m double, emitting a mighty roar of triumph after smashing his own world record in the shorter event.

Donovan Bailey upstaged the Americans by setting a world record in the men's 100 metres final then anchoring the Canadian team to victory in the 4x100m relay.

Lewis, who again missed qualifying for the 100m, defied the years and his younger rivals to win a fourth long jump gold.

Sydney 2000

Sydney represented a fresh start for the International Olympic Committee after four members were expelled and several others sanctioned in a bribes-for-votes scandal over the allocation of the 2002 Winter Olympics to Salt Lake City.

A sunburned continent welcomed the Games with new world enthusiasm and Cathy Freeman signalled the reconciliation of the native Aboriginals with the European settlers by lighting the Olympic flame. Under intense pressure she then delivered the 400 metres title her nation had demanded.

Ethiopian Haile Gebrselassie outsprinted his great Kenyan rival Paul Tergat to win the 10,000 metres by the narrowest of margins and British rower Steve Redgrave won a fifth successive Olympic title.

Marion Jones failed in her goal of going one better than Owens and Lewis with five gold medals, finishing with the 100-200m double and a relay gold.

During the Games it was revealed that her then husband CJ Hunter, the world shot put champion, had tested positive for the steroid nandrolone. After years of denial Jones confessed she had been using the designer drug THG at the time of the Sydney Games and was stripped of all her medals and results.

Athens 2004

Serious doubts that Athens would be ready in time were finally allayed, only for yet another doping scandal to blight the Olympics, this time on the eve of the opening ceremony.

Kostas Kenteris, the defending 200m champion, and his training partner Katerina Thanou, the 100m silver medallist behind Jones in Sydney, both missed a scheduled doping test and were withdrawn from the Games. Kenteris had been selected to light the Olympic flame.

Thereafter, the Games ran smoothly with the shot put competitions staged at ancient Olympia and the men's marathon on the final day concluding in the 1896 Olympic stadium. Moroccan 1,500m world record holder Hicham El Guerrouj finally won the Olympic title at his third attempt and added the 5,000m gold for good measure.

Britain's Kelly Holmes, whose career had been disrupted by injury, also recorded a memorable double with victory in the 800m and 1,500m.

Beijing 2008

China laid on the most extravagant opening ceremony yet for a Games designed to demonstrates its burgeoning economic and political might.

Fears about possible terrorism, athletes' protests following the disruption of the torch relay by pro-Tibet supporters and air quality proved unfounded and the Games provided a stage for the best sprinter and swimmer in Olympic history.

Competing in the "Bird's Nest" stadium, Usain Bolt shattered the world 100m and 200m records and led the Jamaican team to a further world record in the 4x100m relay.

In the pool, Michael Phelps won a record eight gold medals and set six world records.

Russian Yelena Isinbayeva increased her own world pole vault record to 5.05m.

The hosts won the most gold medals with the United States topping the overall medals table.

UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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Dengue%20fever%20symptoms
%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A

The Intruder

Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

One star

How to come clean about financial infidelity
  • Be honest and transparent: It is always better to own up than be found out. Tell your partner everything they want to know. Show remorse. Inform them of the extent of the situation so they know what they are dealing with.
  • Work on yourself: Be honest with yourself and your partner and figure out why you did it. Don’t be ashamed to ask for professional help. 
  • Give it time: Like any breach of trust, it requires time to rebuild. So be consistent, communicate often and be patient with your partner and yourself.
  • Discuss your financial situation regularly: Ensure your spouse is involved in financial matters and decisions. Your ability to consistently follow through with what you say you are going to do when it comes to money can make all the difference in your partner’s willingness to trust you again.
  • Work on a plan to resolve the problem together: If there is a lot of debt, for example, create a budget and financial plan together and ensure your partner is fully informed, involved and supported. 

Carol Glynn, founder of Conscious Finance Coaching

WHAT%20MACRO%20FACTORS%20ARE%20IMPACTING%20META%20TECH%20MARKETS%3F
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WandaVision

Starring: Elizabeth Olsen, Paul Bettany

Directed by: Matt Shakman

Rating: Four stars

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
UAE%20Warriors%2033%20Results
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The biog

Nickname: Mama Nadia to children, staff and parents

Education: Bachelors degree in English Literature with Social work from UAE University

As a child: Kept sweets on the window sill for workers, set aside money to pay for education of needy families

Holidays: Spends most of her days off at Senses often with her family who describe the centre as part of their life too

 

 

COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding

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.”

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.
Business Insights
  • As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses. 
  • SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income. 
  • Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
SPEC%20SHEET%3A%20SAMSUNG%20GALAXY%20S23%20ULTRA
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What can you do?

Document everything immediately; including dates, times, locations and witnesses

Seek professional advice from a legal expert

You can report an incident to HR or an immediate supervisor

You can use the Ministry of Human Resources and Emiratisation’s dedicated hotline

In criminal cases, you can contact the police for additional support

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.
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

Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.

Based: Riyadh

Offices: UAE, Vietnam and Germany

Founded: September, 2020

Number of employees: 70

Sector: FinTech, online payment solutions

Funding to date: $116m in two funding rounds  

Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices

ESSENTIALS

The flights 
Emirates, Etihad and Swiss fly direct from the UAE to Zurich from Dh2,855 return, including taxes.
 

The chalet
Chalet N is currently open in winter only, between now and April 21. During the ski season, starting on December 11, a week’s rental costs from €210,000 (Dh898,431) per week for the whole property, which has 22 beds in total, across six suites, three double rooms and a children’s suite. The price includes all scheduled meals, a week’s ski pass, Wi-Fi, parking, transfers between Munich, Innsbruck or Zurich airports and one 50-minute massage per person. Private ski lessons cost from €360 (Dh1,541) per day. Halal food is available on request.

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Game Changer

Director: Shankar 

Stars: Ram Charan, Kiara Advani, Anjali, S J Suryah, Jayaram

Rating: 2/5

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