Chelsea's Oscar reacts during their 2-2 draw against Watford in the Premier League on Saturday. Stefan Wermuth / Reuters / December 26, 2015
Chelsea's Oscar reacts during their 2-2 draw against Watford in the Premier League on Saturday. Stefan Wermuth / Reuters / December 26, 2015

Aura stripped, Chelsea prove sacking Jose Mourinho wasn’t answer to all problems



LONDON // As far as reunions go, it did not quite turn out the way Chelsea or Guus Hiddink would have wanted.

The Dutchman, back on the Stamford Bridge touchline for the first time since a 2-0 victory over Blackburn Rovers in May 2009, spent most of the match glued to his seat as Chelsea failed to build on last weekend’s win over Sunderland with another three points.

Read more: Andy Mitten on Manchester United supporters strengthening their faith in dark times

It is a sign of the times, though, that a 2-2 draw at home to newly-promoted Watford cannot be considered a surprise result.

“It was an intense game from both sides,” Hiddink said afterwards. “We conceded some unlucky goals, but of course I’m a little bit disappointed we didn’t get three points.

“I noticed the intensity today, which I liked very much. We just have to look very hard for the balance of this team.”

Chelsea started well, pinning Watford back inside their own half and threatening down the flanks in the opening stages.

Oscar looked particularly bright, just as he did in last weekend’s 3-1 victory over Sunderland, and Willian again displayed the blend of skill and work rate that has made him a firm fans’ favourite at Stamford Bridge this term.

The breakthrough did not come, though, and it was not long before Chelsea’s fragile confidence came to the fore once more.

That failure to grab an early goal made the hosts nervous and edgy in possession.

They were unable to string passing moves together and were guilty of giving the ball away in dangerous areas far too frequently.

Chelsea may have taken the lead through Diego Costa, whose name was again greeted with a smattering of boos from supporters when the line-ups were read out before kick off, but the Spaniard’s strike undisputedly came against the run of play.

When Troy Deeney converted from the penalty spot a few minutes later, no-one of a blue persuasion could have argued that the equaliser was undeserved.

It has been a theme of Chelsea’s season, positions of strength quickly undone by a rapid loss of self-belief.

They have now taken the lead at home in the Premier League on eight occasions, with only four of those matches bringing all three points.

Given their results and performances at Stamford Bridge in 2015/16, it is now almost unimaginable that Chelsea once went 86 top flight home games without defeat between 2004 and 2008, a run that ended three-and-a-half months before Hiddink replaced Luiz Felipe Scolari in the dugout.

This is a Chelsea outfit that has been completely stripped of the aura that once surrounded it. There was no sign of an inferiority complex from Quique Sanchez Flores’ men here.

Watford may have spent long spells sitting back in a deep and compact defensive shape, but they were not afraid to commit players forward when the opportunity presented itself.

Striker Odion Ighalo’s deflected effort early in the second half was just reward for the visitors’ endeavour.

Although Chelsea rallied and arguably deserved more than just the one extra goal that Costa gave them – Oscar’s skied penalty was a golden chance to grab a winner – it was difficult to begrudge Watford their 10th point in December.

Sacking Jose Mourinho was never going to solve all of Chelsea’s problems.

The players may have been liberated by the Portuguese’s absence from the touchline against Sunderland last time out, but their impressive display then was down to the poor quality of the opposition as much as anything else.

Watford, an excellent team flying high in seventh place, did enough yesterday to show that the champions have still not turned the corner.

If Hiddink is to enjoy as much success in his second spell as Chelsea interim manager as he did in his first, there are plenty of steps to be taken yet.

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Investments: Grants/private funding
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Teaching your child to save

Pre-school (three - five years)

You can’t yet talk about investing or borrowing, but introduce a “classic” money bank and start putting gifts and allowances away. When the child wants a specific toy, have them save for it and help them track their progress.

Early childhood (six - eight years)

Replace the money bank with three jars labelled ‘saving’, ‘spending’ and ‘sharing’. Have the child divide their allowance into the three jars each week and explain their choices in splitting their pocket money. A guide could be 25 per cent saving, 50 per cent spending, 25 per cent for charity and gift-giving.

Middle childhood (nine - 11 years)

Open a bank savings account and help your child establish a budget and set a savings goal. Introduce the notion of ‘paying yourself first’ by putting away savings as soon as your allowance is paid.

Young teens (12 - 14 years)

Change your child’s allowance from weekly to monthly and help them pinpoint long-range goals such as a trip, so they can start longer-term saving and find new ways to increase their saving.

Teenage (15 - 18 years)

Discuss mutual expectations about university costs and identify what they can help fund and set goals. Don’t pay for everything, so they can experience the pride of contributing.

Young adulthood (19 - 22 years)

Discuss post-graduation plans and future life goals, quantify expenses such as first apartment, work wardrobe, holidays and help them continue to save towards these goals.

* JP Morgan Private Bank 

How to play the stock market recovery in 2021?

If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.

Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.

Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.

Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).

Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal. 

Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.

By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.

As demand for energy fell, the oil and gas industry had a tough year, too.

Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.

He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.” 

This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”

Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.

COMPANY PROFILE

Name: Qyubic
Started: October 2023
Founder: Namrata Raina
Based: Dubai
Sector: E-commerce
Current number of staff: 10
Investment stage: Pre-seed
Initial investment: Undisclosed 

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.
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Kanguva
Director: Siva
Stars: Suriya, Bobby Deol, Disha Patani, Yogi Babu, Redin Kingsley
Rating: 2/5
 
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Nayanthara: Beyond The Fairy Tale

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

Director: Amith Krishnan

Rating: 3.5/5

The specs
Engine: 2.4-litre 4-cylinder

Transmission: CVT auto

Power: 181bhp

Torque: 244Nm

Price: Dh122,900 

Citadel: Honey Bunny first episode

Directors: Raj & DK

Stars: Varun Dhawan, Samantha Ruth Prabhu, Kashvi Majmundar, Kay Kay Menon

Rating: 4/5

The specs

Engine: 3-litre twin-turbo V6

Power: 400hp

Torque: 475Nm

Transmission: 9-speed automatic

Price: From Dh215,900

On sale: Now

Starring: Jamie Foxx, Angela Bassett, Tina Fey

Directed by: Pete Doctor

Rating: 4 stars

Company%20Profile
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Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A
Cricket World Cup League 2

UAE squad

Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind

Fixtures

Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE

Call of Duty: Black Ops 6

Developer: Treyarch, Raven Software
Publisher:  Activision
Console: PlayStation 4 & 5, Windows, Xbox One & Series X/S
Rating: 3.5/5

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'Outclassed in Kuwait'
Taleb Alrefai, 
HBKU Press 

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