Simona Halep reacts after beating Serena Williams in straight sets at the WTA Finals on Wednesday in Singapore. Clive Brunskill / Getty Images / October 22, 2014
Simona Halep reacts after beating Serena Williams in straight sets at the WTA Finals on Wednesday in Singapore. Clive Brunskill / Getty Images / October 22, 2014

Serena smashed by Simona Halep at WTA Finals in career worst matching loss



World No 1 Serena Williams suffered one of the heaviest defeats of her long and illustrious career as she was humbled 6-0, 6-2 by Romanian Simona Halep at the WTA Finals on Wednesday.

The 18-times grand slam winner won only nine points in the opening set as her game deserted her in alarming fashion. The American’s two games won equalled her career worst.

The last time Williams managed to win just two games in a WTA Tour or grand slam match was in 1998 when she was just 16, a 6-1, 6-1 loss to Joannette Kruger in Oklahoma City..

The double defending champion, who was on a 16-match winning streak in the event, served seven double faults and struggled for any rhythm with her groundstrokes as the world No 4 claimed a famous first win over the 33-year-old American.

The most formidable serve in women’s tennis deserted Williams, who was broken five times.

“My serve was at best in the 10 and under division in juniors,” Williams quipped after the match.

“Yeah, it was actually embarrassing,” she added. “Yeah, very embarrassing.”

Halep had never before beaten a top-three ranked opponent and in her previous two matches against Williams, both last year, she had won an aggregate of just seven games.

The 23-year-old was the aggressor all the way, moving Williams, 10 years her senior and the oldest competitor in Singapore, from corner to corner with pinpoint ground strokes.

The Romanian, who also won convincingly against Eugenie Bouchard in her opening round-robin match, moves to a 2-0 record in the Red Group while Williams slips to 1-1.

Williams can still make it through to the semi-finals of the season ending event but she will need to beat Bouchard on Thursday.

Halep will finish her group play against Ana Ivanovic, who lost her first match to Williams. Bouchard and Ivanovic face off later Wednesday.

Williams, who withdrew from this month’s China Open with a left knee problem, said fitness had nothing to do with her loss.

“I think Simona played really well and (won) the best match of her career,” she said.

The 6-0 first set was the first time since the 2008 championships that Williams had lost a set by that score, against sister Venus.

“My forehand was off today,” Williams said. “It’s obviously gone on an early vacation.”

For Halep, who was ranked No 47 two years ago, Wednesday’s win over No 1 Williams represented a new career high.

“It was my best match of my life,” Halep said. “I played unbelievable shots. It means a lot this match. At an important time I played really well, and after today my confidence will be more high.”

Halep, runner-up at this year’s French Open, has been careful not to raise her sights too high at this tournament. She remained cautious even after two dominant victories.

“I have confidence I can get to the semi-finals,” Halep said. “First I have to forget this day, but it will be hard to forget. I am so happy.”

Williams was surprised by Halep’s performance, saying “she has never played like this before”.

“To be frankly honest, I am looking forward to our next meeting because she is going to make me go home, train hard and particularly train for her,” Williams said.

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Is it worth it? We put cheesecake frap to the test.

The verdict from the nutritionists is damning. But does a cheesecake frappuccino taste good enough to merit the indulgence?

My advice is to only go there if you have unusually sweet tooth. I like my puddings, but this was a bit much even for me. The first hit is a winner, but it's downhill, slowly, from there. Each sip is a little less satisfying than the last, and maybe it was just all that sugar, but it isn't long before the rush is replaced by a creeping remorse. And half of the thing is still left.

The caramel version is far superior to the blueberry, too. If someone put a full caramel cheesecake through a liquidiser and scooped out the contents, it would probably taste something like this. Blueberry, on the other hand, has more of an artificial taste. It's like someone has tried to invent this drink in a lab, and while early results were promising, they're still in the testing phase. It isn't terrible, but something isn't quite right either.

So if you want an experience, go for a small, and opt for the caramel. But if you want a cheesecake, it's probably more satisfying, and not quite as unhealthy, to just order the real thing.

 

 

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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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The five pillars of Islam

1. Fasting

2. Prayer

3. Hajj

4. Shahada

5. Zakat 

What is double taxation?
  • Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
  • Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
  • The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
  • Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
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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.”

UAE currency: the story behind the money in your pockets
New schools in Dubai
Asia Cup 2018 Qualifier

Sunday's results:

  • UAE beat Malaysia by eight wickets
  • Nepal beat Singapore by four wickets
  • Oman v Hong Kong, no result

Tuesday fixtures:

  • Malaysia v Singapore
  • UAE v Oman
  • Nepal v Hong Kong
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UAE currency: the story behind the money in your pockets