Heading down: global equities fell again yesterday as conditions on Wall Street deteriorated and investors braced for more bad news.
Heading down: global equities fell again yesterday as conditions on Wall Street deteriorated and investors braced for more bad news.
Heading down: global equities fell again yesterday as conditions on Wall Street deteriorated and investors braced for more bad news.
Heading down: global equities fell again yesterday as conditions on Wall Street deteriorated and investors braced for more bad news.

The sky is not falling


  • English
  • Arabic

Does the crisis on Wall Street have you panicking about your portfolio or obsessively checking your accounts to see how much you have lost in the markets' widening turmoil? If so, take a deep breath, relax, light a candle and check your chi. Worry will get you no further than a spate of impulse trading, which can only notch up brokers' fees and possibly derail your savings and retirement plans. Yes, the market's recent yo-yo may rightly lead to a few smart tweaks to your investments. But before you make a rash move that you may live to regret, consider the answers to these questions:

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

My Country: A Syrian Memoir

Kassem Eid, Bloomsbury

The biog

Favourite hobby: taking his rescue dog, Sally, for long walks.

Favourite book: anything by Stephen King, although he said the films rarely match the quality of the books

Favourite film: The Shawshank Redemption stands out as his favourite movie, a classic King novella

Favourite music: “I have a wide and varied music taste, so it would be unfair to pick a single song from blues to rock as a favourite"

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%203S%20Money%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202018%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20London%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Ivan%20Zhiznevsky%2C%20Eugene%20Dugaev%20and%20Andrei%20Dikouchine%3Cbr%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20%245.6%20million%20raised%20in%20total%3C%2Fp%3E%0A