Give brief explanations for the following:

The significance of the shift of the ICC headquarters from London to Dubai.

The 1970s were the decade in which cricket was transformed: it was a time when a traditional game evolved to fit a changing world. The technology of satellite television and the world wide reach of multi-national television companies created a global market for cricket. Matches in Sydney could now be watched live in Surat. This simple fact shifted the balance of power in cricket: a process that had been begun by the break-up of the British Empire was taken to its logical conclusion by globalization. Since India had the largest viewership for the game amongst the cricket-playing nations and the largest market in the cricketing world, the game’s center of gravity shifted to South Asia. This shift was symbolized by the shifting of the ICC headquarters from London to tax-free Dubai.