PBOC Vows More Liquidity After Surge in China Money Market Rates
The People’s Bank of China will likely inject ample liquidity into the money market after interest rates surged
1970-01-01 08:00
Fifa’s battle to regulate football agents gains momentum
Fifa have claimed a significant victory in their attempt to regulate the world’s top football agents, as the European Commission has backed the governing body’s move to bring in strict new rules including a cap on fees. Although it will be a hearing at the European Court of Justice that ultimately settles the issue, the Commission’s written submission to judges carry significant weight. It is seen by sources involved as a “huge development” and being hailed as a win for Fifa in what had been developing into a highly fractious conflict. Agents argue that the global body is attempting to unfairly affect their earning potential through a labour negotiation issue that actually has nothing to do with football, and goes against European Union antitrust laws. One strident position has been that setting a price cap would essentially represent a price-fixing cartel by the clubs, which top agents had been putting a lot of focus on. The European Commission have instead argued that a cap is entirely justified in order to protect players and contractual stability, as well as limiting conflicts of interest while protecting players who lack experience or information about the transfer system. An additional note was that agents’ fees are actually excessive and out of kilter with any normal fees for a service. The Commission’s observations also pointed to the “degree of discretion” which EU law generally affords sporting associations in order to fairly govern. Of the cap, it was stated “the defendant has plausibly pointed out that very high agency commissions, which are completely decoupled from the cost of the consideration, create a strong incentive to exert massive influence on players in particular in order to force an early transfer.” A further issue the new rules are set to tackle is on representing various parties on the same deal. The Commission has also backed restriction of this, arguing it “appears suitable” to mitigate against potential conflict of interest. A date for the hearing at the court in Luxembourg has not yet been set. Read More Fifa must secure Saudi promise over World Cup human rights, Amnesty warns Saudi Arabian World Cup in 2034 sparks ‘significant concern’ from major leagues Saudi Arabia set to host World Cup 2034 as Australia opts against bid
1970-01-01 08:00
Ron Rivera is On the Hot Seat With the Washington Commanders
Ron Rivera's days are numbered with the Washington Commanders.
1970-01-01 08:00
US Supreme Court’s Social Media Clash Evokes Trump’s Use of Twitter
The US Supreme Court debated whether public officials can be sued for restricting access to their social media
1970-01-01 08:00
AI Regulation Is Needed to Support US Workers in Future, Business Officials Say
Congress must take a more active role in regulating the use of artificial intelligence in the workplace, business
1970-01-01 08:00
Vikings depth chart following Josh Dobbs trade: Who will be QB1?
The Minnesota Vikings have acquired Josh Dobbs from the Arizona Cardinals to replace the injured Kirk Cousins.
1970-01-01 08:00
‘Lyrically Correct’: Put Your Hip-Hop and R&B Knowledge to the Test With This Y2K Music Trivia Game
‘Lyrically Correct’ is the ultimate music trivia game for hip-hop and R&B lovers.
1970-01-01 08:00
Oil and Gas Companies Face an Era of Credit Downgrades, Fitch Warns
Much of the fossil fuel industry may be facing an era of credit downgrades if producers prove too
1970-01-01 08:00
NFL trade grades: Vikings acquire more Kirk Cousins insurance
The Minnesota Vikings acquire Joshua Dobbs as a replacement for injured quarterback Kirk Cousins. Let's grade the trade for both teams.
1970-01-01 08:00
MLB Insider: What Max Scherzer and Adolis Garcia injuries mean for Rangers' World Series chances
The Texas Rangers won Game 3 of the World Series, taking a 2-1 series lead. But the statuses of Max Scherzer and Adolis Garcia for the remainder of the series are in doubt. How will they replace their production?
1970-01-01 08:00
Belgium vs England LIVE: Women’s Nations League team news and line-ups as Fran Kirby starts tonight
Sarina Wiegman’s England travel to Leuven for their second Women’s Nations League match against Belgium in just five days. At Leicester’s King Power Stadium on Friday night, the Lionesses secured all three points following an early strike from Lauren Hemp. The held on to their slender lead for the rest of the game to run out 1-0 winners but it was far from a convincing peformance from the World Cup runners-up. A 2-1 loss back in September to the Netherlands means England are second in Group A1 and they will be determined to back up last week’s win with another victory tonight. The group winners will move into the Nations League semi-finals and the Lionesses must remain in touch with their Dutch counterparts if they hope to reach the knockout stages. A place in the Olympics is also at stake as the four group winners in League A meet in the semi-finals before the two finalists join France as the 2024 Olympic Games’ European representatives. Follow all the action from Belgium vs England below plus get the latest odds and tips right here:
1970-01-01 08:00
Cubs rumors: Bellinger path to staying, scouted free agent now available, trades or signings?
The Chicago Cubs have a busy offseason ahead of them. Discover the latest rumors here.
1970-01-01 08:00
