FIFA Wold Cup 2018: Germany most likely to win, predicts UBS
To zero in on the winner, UBS uses econometric tools, usually applied to assess investment opportunities Current Affairs News : With barely a month remaining for the FIFA World Cup to begin in Russia, a recent study by UBS attaches a 60 per cent likelihood that the winner will be one among Germany, Brazil and Russia. Germany, it predicts, has the highest probability – 24 per cent – to lift the winner’s trophy as compared to the other participating nations. “Simulations indicate no country has higher odds of winning the tournament than Germany, leading the table with a likelihood of 24 per cent. Brazil and Spain also stand a good chance of lifting the trophy, with chances of 19.8 and 16.1 per cent respectively. Host nation Russia will start in the Cup’s weakest group and is expected to progress to the round of 16, where it is likely to lose against Spain or Portugal,”...