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Monday, 4 December 2017

Egypt snags top spot at 2017 Men’s Squash World Team Championship

Egypt snagged the top spot at the 2017 Men’s Squash World Team Championship in Marseille, defeating England 2-0 in the final face off, KingFut reports. Karim Abdel Gawad and Ali Farag won the last two games against opponents Nick Matthew and James Willstrop, continuing what has been a great week for the national team, who are exclusively sponsored by our good friends at CIB. The victory is getting wide attention in the domestic press and the global sports press alike and comes as Egyptian men dominated the PSA men’s world rankings for December — and as Nour El Sherbini extended to 20 months in a row her streak as world’s top-ranked woman player.

Other stories of which you will want to be aware this morning:

Meet “Mr. MiFID”: Bloomberg Markets has a long feature interview with the head of the European Securities and Markets Authority that focuses squarely on MiFID II. The rules, which come into effect on 3 January and cover everything from execution costs to a requirement that research be paid for, “should mean lower fees for Europeans and ‘big opportunities’ for asset managers,” especially those offering less expensive products. Read Mr. MiFID on Finance’s Low-Fee Future.

MbS’ anti-corruption drive in Riyadh is spooking the Swiss, where the Financial Times reports that “banks have begun reporting suspicious account activity among some of their Saudi Arabian clients to the Swiss Money Laundering Reporting Office … [reflecting the banks’] nervousness about being found in breach of rules governing money laundering and corruption.”

“Finland is flourishing after 100 years of independence,” declares the Wall Street Journal, writing that, “Finns have turned one of the poorest corners of Europe into one of the richest, most equal, most contented countries in the world.” Here’s how. And please don’t get us started.

Also in the Journal this morning: 50 Rare Finds (its guide to “unicorn” holiday gifts, with an emphasis on the hand made) and in the wake of [redacted] harassment scandals across the United States, a question: Is Office Romance Still Allowed?

Book we’re looking forward to reading while crossing the Atlantic later this month: Let Trump be Trump, co-written by two former campaign staffers, who the Washington Post tell us summarize Trump’s presidential bid as being fuelled by “Big Macs, screaming fits and constant rivalries.” The president’s go-to dinner order at McDonald’s: “two Big Macs, two Fillet-O-Fish, and a chocolate malted.” Yes, it probably counts as hate-reading. Or at least the reading equivalent of a traffic accident from which you just can’t turn away.

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