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2023-07-12 12:00

Vietnam to extend VAT cut until year-end to prop up slowing economy
HANOI Vietnamese lawmakers on Saturday approved a government plan to extend a reduction in value added tax (VAT)
2023-06-24 18:05

Analysis-Bonds back in a tailspin as 'higher for longer' narrative hits
By Yoruk Bahceli and Dhara Ranasinghe (Reuters) -Government bond markets from Europe to the United States and Australia are in
2023-07-08 00:27

Newsom’s $4.7 Billion Bond Plan Reasonable But Lacks Oversight
Governor Gavin Newsom’s proposal to issue a $4.7 billion bond for veteran housing and behavioral health facilities is
2023-08-18 06:31

India's stock market is hitting record highs. Here's why
India's stock market is booming as investors take a chance on one of the few bright spots in a fragile global economy.
2023-06-28 13:50

£1bn spent and counting — so why do Chelsea just keep getting worse?
Defeat to Aston Villa at Stamford Bridge was the final straw for Todd Boehly. With Chelsea languishing in the lower half of the table, he sacked the manager he had appointed, the one who was supposed to promote younger players and propel some of his many signings to glory. Not Mauricio Pochettino this week, but Graham Potter in April and, in a ruinous reign, dismissing the Englishman is one of the few decisions that Boehly and Clearlake Capital have got right; appointing Potter, however, ranked high and early among the many mistakes. Since his departure, however, Chelsea have only beaten Bournemouth, AFC Wimbledon and Luton. They have scored 16 goals in 19 games, two of them against a League Two side. In the Premier League this season, they have only outscored Luton and Burnley, who both have a game in hand. Meanwhile, Chelsea’s spending in little over a year has careered past £1bn. The only people to have spent more while failing disastrously and yet congratulating themselves are Liz Truss and Kwasi Kwarteng. Pochettino’s slow start, with an encouraging second half against Liverpool on the opening weekend looking like a false dawn, has to be placed in the context of Chelsea, and this Chelsea. Callum Hudson-Odoi, offloaded by Chelsea on the cheap, scored on his Nottingham Forest debut last week, just as Christian Pulisic had struck in his first two matches for AC Milan whereas, 22 games into his Blues career, the £88m signing Mykhailo Mudryk is still to open his account. The loaned-out Romelu Lukaku has scored in three games in September for Roma whereas, after three games this month, Chelsea are yet to find the net themselves. Nicolas Jackson has provided different problems: some for opposing defences with his pace, more for Chelsea with his profligacy and indiscipline. The Senegalese was a quixotic choice to spearhead a goal-shy team: he finished last season with nine goals in eight matches for Villarreal but only had four in the preceding 30 and almost joined Bournemouth in January. For Chelsea, he is the Premier League’s greatest expected goals underachiever – one goal from an xG of 4.18 – and has a 5.26 per cent chance conversion rate. Only Erling Haaland has missed more big chances in the Premier League, but with the notable difference that the Norwegian is also leading the race for the Golden Boot and, indeed, has more league goals than Chelsea in the Boehly era. If Chelsea have somehow spent a fortune without acquiring lacked a prolific striker, they will be without a wasteful one for next week’s derby with Fulham: Jackson is banned after becoming the first player in the division to accumulate five bookings. That two of them were for waving imaginary yellow cards is an illustration that Chelsea’s plans tend to backfire, often ignominiously. And yet the burden on the raw Jackson has been too great; his record renders his struggles unsurprising. Christopher Nkunku, the Bundesliga’s top scorer last season, looked a genuine coup of a signing. Except that an injury-prone player has been sidelined since the summer. There are times when it seems Chelsea’s recruitment strategy is to sign the injury-prone; the £70m defender Wesley Fofana has a second major injury since joining. They made the injury-prone Reece James captain. He promptly got injured. His £30m deputy Malo Gusto was sent off against Villa. So Chelsea are now short of a right-back. Yet, despite an unprecedented spending spree, Pochettino has often found himself lacking compelling options. At various points this season, his bench has included Lucas Bergstrom, Alfie Gilchrist, Alex Matos, Ronnie Stutter, Eddie Beach, Mason Burstow, Bashir Humphreys and Diego Moreira. The unknowns are scarcely game-changers. Meanwhile, his team has never included the £58m Romeo Lavia, who has been injured. Elsewhere in a midfield of unprecedented cost, the £115m record signing Moises Caicedo conceded a penalty on his debut at West Ham and made the mistake for Nottingham Forest’s winner. The argument made in Chelsea’s defence is that it will take time for players to settle and that, with the youngest team in the division after a clearout of the experienced, they are building for the future. It is true, but only up to a point. Pochettino only has a two-year contract, for instance. Chelsea can amortise fees in the books over never-ending contracts but they still need to pay the selling clubs the sizeable fees they agreed to pay. And so far, no one has got better and no one’s value has increased. Meanwhile, can Chelsea afford to wait for this increasingly imaginary future? They are already nine points behind fifth place, four adrift of every other major contender for a top-four finish. They have no revenue – broadcast or matchday – from European football and, in a major failure, no shirt sponsor. They are raising prices for fans; by doing so to compensate for their own reckless overspending and terrible decision-making while providing them with an inferior product suggests they are football’s answer to Elon Musk. Meanwhile, they stumble on. Logically, with a manager of Pochettino’s calibre, with talented if at times mismatched players, with footballers of potential, it will get better. But logically, they should never have plumbed such depths at all. And so Chelsea’s quest for a first goal of September continues against in the Carabao Cup against Brighton, having taken their manager, coaching staff, head of recruitment, player of the year, goalkeeper and, for a record-breaking price, their midfielder for a combined sum of around £250m. And now Brighton are 11 places above Chelsea in the table. Read More Chelsea misery continues as Aston Villa increase discontent at Stamford Bridge Mohamed Salah’s record form is justifying Liverpool’s £150m transfer gamble Why Jonny Evans and band of Manchester United misfits are a genuine feel-good story Chelsea misery continues as Aston Villa increase discontent at Stamford Bridge Chelsea vs Aston Villa LIVE: Latest Premier League updates Odegaard signs and De Roon reveals all – Friday’s sporting social
2023-09-25 21:49

'Ted Lasso': 5 burning questions we have for the series finale
Ted Lasso is barreling down the pitch toward its series finale, but there are still
2023-05-24 17:00

WeWork begins to renegotiate leases globally
(Reuters) -Flexible workspace provider WeWork said on Wednesday it has started off a process of global engagement with its landlords
2023-09-06 23:04

Former Tennessee lawmaker Brian Kelsey can stay out of prison while challenging sentencing
A federal judge has ruled that a former Tennessee state senator can stay out of prison as he challenges his 21-month sentence for violating federal campaign finance laws
2023-09-28 02:20

Missouri man facing execution for killing 2 jailers in failed bid to help inmate escape in 2000
A man who shot and killed two Missouri jailers almost 23 years ago during a failed bid to help an inmate escape is set to be executed
2023-06-06 12:03

Heat mascot sent to ER by Conor McGregor
UFC star Conor McGregor went viral for punching the Miami Heat's mascot during Game 4 of the NBA Finals. As it turns out, the mascot had to go to the ER.The Miami Heat are one loss away from getting "knocked out" in the NBA Finals, after their Game 4 defeat on Friday night to the ...
2023-06-11 06:37

PwC Probes Security Incident Tied to Russian-Speaking Clop Cyber Gang
A criminal hacking gang has added more names to its lists of alleged victims from a recent campaign
2023-06-23 02:21
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