September 18, 2020

Djokovic Accepts Wildcard to Play in Acapulco

first_imgNovak Djokovic has accepted a wildcard for next week’s ATP event in the Mexican city of Acapulco.Djokovic has not played since aggravating a shoulder problem during Serbia’s Davis Cup tie against Russia earlier this month. The world No 2 was scheduled to return at Indian Wells next month, but he will now participate in his first ATP tournament in Latin America after a speculative request from the Acapulco organisers.“Great news, you’ll see me back on court next week in Acapulco,” Djokovic said on Twitter. “Did you miss me?”Six of the world’s top 10 will now compete in Mexico next week, with Milos Raonic, Rafael Nadal, Marin Cilic, Dominic Thiem and David Goffin already confirmed.“When we saw the chance we did not hesitate to offer an invitation,” tournament director Raul Zurutuza said. “We knew it was tough, but we were gladly surprised when we got his answer.“Novak is thrilled to come to Acapulco for the first time and to be a part of the best field in the tournament’s history.“Having Nadal, Raonic, Cilic, Thiem, Goffin and now Djokovic makes us very proud, there are just of handful of tournaments in our category that can brag about having six of the top 10 players in the world.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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Joe Maddon believes Angels clubhouse is free of drug issues

first_img Angels’ Shohei Ohtani spending downtime working in outfield Angels’ Mike Trout working on his defense, thanks to Twitter Angels’ poor pitching spoils an Albert Pujols milestone Jose Suarez’s rocky start sinks Angels in loss to Astros Angels offense breaks out to split doubleheader with Astros Maddon was not with the Angels last year when Skaggs died, so he said he has no first-hand knowledge of the atmosphere or events surrounding that incident.He did, however, have a relationship with Kay during his previous stint with the Angels, up through 2005.“Eric and I were friends, my first trip through,” Maddon said. “I did know him well at that time. I had not been around for a long time. This entire scenario is difficult for anybody to comprehend, or wrap your mind around. It’s a societal problem that we’re going through right now. It’s not indigenous to the Angels. It’s very difficult to hear about all of these situations where people are impacted.”SLUMPING RENDONAnthony Rendon was moved from No. 3 to the No. 4 in the Angels lineup, behind Shohei Ohtani, because Rendon has started the season in a 4-for-30 slump.Maddon said he has no long-term concerns about Rendon, who signed a seven-year, $245-million deal in the winter. Joe Maddon said doesn’t believe the Angels clubhouse is currently dealing with any of the issues that took Tyler Skaggs’ life more than a year ago.On the day that former Angels PR official Eric Kay was charged with supplying opioids to Skaggs, the Angels manager said he has no indication there are issues with the current players.“I’m not an expert but I don’t recognize any kind of issues right now,” Maddon said Friday from Arlington, Texas, coincidentally the city in which the Angels were to play when Skaggs died last year. “My focus has been doing what we’re doing right now, and I have not really been contacted or informed of any other kind of behavior going on. So for right now I want to believe we’re going in the right direction.”Major league players are now tested for opioids, along with performance enhancing drugs and other drugs of abuse. The change in the drug policy was a direct response to Skaggs’ death last year. Players who test positive for opioids are entered into a treatment program, and only disciplined if they fail to adhere to that program. “Just talking to the hitting coaches, they brought something to his attention that he thought was appropriate,” Maddon said. “So right now just just give it a little time. He can break out at any moment. … Maybe going from third to fourth is all you need.”Maddon also said he liked what he has seen from Ohtani, who hit a homer on Thursday.ROTATION UPDATEPatrick Sandoval will rejoin the roster to start on Saturday, and he’ll be able to throw 80 to 90 pitches, Maddon said. Sandoval had been behind the other pitchers because of time he missed while dealing with COVID-19 in June, but he appears to be caught up now.Maddon said the Angels will now essentially use a five-man rotation, although they could insert a sixth as needed. Sandoval joins Andrew Heaney, Julio Teheran, Dylan Bundy and Griffin Canning.Matt Andriese and Felix Peña will remain in the bullpen for now, Maddon said.ALSOJo Adell was not in the Angels lineup on Friday, missing his second straight game with a tight right quad. Maddon said he expects Adell to be back in the lineup on Saturday, and he was available to pinch-hit on Friday…Slumping Justin Upton hit eighth on Friday night, the first time since 2009 that he’d started a game in that spot in the order. Upton is now the right-handed hitting half of a left-field platoon, with Brian Goodwin. Both Upton and Goodwin were in the lineup on Friday because of Adell’s absence…Although Adell’s presence reduces the opportunity for Taylor Ward to play the outfield, Maddon said he will continue to work out as an outfielder. Ward can also play first and third, the former seemingly being his best chance to start now.Related Articles Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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Adam Vinatieri on his Super Bowl 53 allegiance: ‘I want everybody to lose’

first_imgThe 23-year veteran isn’t ready to retire. Vinatieri, 46, re-signed with the Colts this week and will return next season.But for now, he’ll have to watch Los Angeles and the Rams battle it out in Atlanta, Georgia on Feb. 3. Super Bowl 53: Nickell Robey-Coleman says Rams must ‘stick dagger’ in Patriots Super Bowl 53 odds: Patriots solidify stance as favorites “I’m just a fan. … No, that’s a lie,” Vinatieri said, via Indystar.com. “When we’re not in it, I want everybody to lose.”However, he still has ties to the Patriots. Related Newscenter_img “If I had to choose from one or the other, there’s a couple of guys over there that I would want to do well,” Vinatieri said. “I know most of Indianapolis and Indiana and Midwest fans are probably cheering on the Rams.”Indianapolis lost to Kansas City 31-13 in the divisional round of the playoffs this year. Vinatieri is known for being clutch, but missed two crucial kicks in the game. Adam Vinatieri isn’t rooting for the Rams or Patriots in Super Bowl 53.The Colts kicker is the NFL’s all-time leading scorer and spent 10 seasons with New England. But that means nothing to him now.last_img read more

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Oops! Seven current stars who developed into All-Stars after leaving their original teams

first_imgSome players perform like superstars from the moment they put on a major league uniform. We’ve seen that recently with Fernando Tatis Jr., Pete Alonso, Ronald Acuna Jr., and Juan Soto, to name a few.Not every future All-Star’s career path takes that same trajectory, though. MORE: Watch live MLB games all season long on fuboTV (7-day free trial)Some guys need years of struggles in the bigs and maybe a change of scenery or two before they figure out how to thrive. These are the guys who are typically throw-ins to a deal or DFA’d players, moves that happen when production doesn’t meet talent level. Here are two perfect examples: Before David Ortiz became a future Hall of Famer and World Series legend with the Red Sox, he was just a designated hitter the Twins deemed expendable. Before Jose Bautista became one of the game’s best sluggers, he played for the Orioles, Devil Rays, Royals and Pirates before joining Toronto. First, two quick parameters: For this list, we’re only looking at players who had a decent amount of MLB time in multiple seasons before they were dispatched, so current stars who were traded while still prospects (hi, Gleyber Torres!) aren’t included here. Also, a guy like Christian Yelich who developed into a legit superstar with his new team but was still really good — he had three seasons with at least a 4.1 fWAR with the Marlins — with his first team doesn’t count, either. Make sense? Cool.Justin TurnerFeeling the pain: Mets fansWhy he’s here: Turner was traded by the team that drafted him, Cincinnati (December 2008), designated for assignment by the Orioles (May 2010) and non-tendered by the Mets (December 2013). According to reports, Turner had worn out his welcome in New York — where he’d hit .265 with eight homers in 301 games — which led to the surprise move after the 2013 season. Turner was team-less for a couple of months before he finally signed with the Dodgers on a minor league free-agent deal in early February.Aside from Clayton Kershaw, no other Dodger has been the face of this run of 90-plus win seasons more than Turner. He batted .340 in his first year with L.A., and though he’s had trouble staying healthy during the season, he’s been the driving force for the Dodgers’ lineup in his six years with the club. He’s batted .303 with an .883 OPS in the regular season with the club and a hefty .313 with a .923 OPS in 49 postseason games. Turner isn’t the only Dodgers player in this position, of course. We’ll talk more about one player in a moment, but we’d be remiss not to mention Chris Taylor and Enrique Hernandez, two other under-the-radar players acquired in trades who have become a big part of L.A.’s success in recent seasons. Jake ArrietaFeeling the pain: Orioles fansWhy he’s here: By this point, Baltimore faithful have come to peace with the Arrieta trade. Probably. Maybe. For those Cubs years especially, though, it was tough watching him mow down opponents night after night. And that no-hitter he tossed on national TV on the road against the Dodgers in 2015, the year he won the NL Cy Young award? Horribly painful. Look at this: Arrieta made 18 starts in July/August/September in 2015, and he allowed a grand total of 13 earned runs, for an incredible an 0.89 ERA. In his final 18 starts in an Orioles uniform, the right-hander had a 6.13 ERA. Seriously.The thing to remember, though, is Arrieta wasn’t quickly discarded by the Orioles. After 18 starts and a 4.66 ERA (and 4.76 FIP) as a rookie in 2010, he made 22 starts the next season and was worse (5.05 ERA, 5.35 FIP). The ERA ballooned up to 6.20 in 2012 and he eventually lost his spot in the rotation (he made 18 starts and six relief appearances). He was back in the rotation to open 2013, then was demoted to the minors. When he was finally shipped to the Cubs on July 2, along with reliever Pedro Strop in a deal that landed starter Scott Feldman and catcher Steve Clevenger, he owned a 7.23 ERA, 1.775 WHIP and 4.61 FIP in five starts.At the time, it was almost a relief for Orioles fans, who didn’t have to agonize over why Arrieta couldn’t figure things out. His final numbers in Baltimore, over four seasons: 5.46 ERA, 69 games (63 starts), 4.72 FIP, 1.472 WHIP.His final numbers in Chicago: 2.73 ERA, 128 games, 3.16 FIP, 1.034 WHIP. Yep.Charlie MortonFeeling the pain: Pennsylvania baseball fansWhy he’s here: Morton was OK but often injured during his seven years as part of the Pirates’ rotation (2009-15); he made more than 23 starts just twice in that stretch, and owned a 4.39 ERA by the time they traded him across the state to the Phillies. Morton only made four starts in his lone year with that franchise, felled again by injuries. The Astros gave him a chance as a free agent, and he was basically brilliant both years. In 2017, Morton had a 3.62 ERA in 25 regular-season starts, then pitched five shutout innings against the Yankees in Game 7 of the ALCS, helping Houston reach the World Series. There, he pitched 10 1/3 innings and allowed just two runs, capping his performance with four strong relief innings to close out Game 7. And this year with the Rays — Houston let him leave as a free agent — Morton has an AL-best 2.60 ERA. J.D. MartinezFeeling the pain: Astros fansWhy he’s here: You’ve heard his story. After a career .251 average and 24 home runs in 252 games over parts of three seasons in Houston, Martinez decided to completely rework his swing. It was too little, too late for the Astros, though, and despite that they were a rebuilding team desperate for any sort of offense, Houston released him late in spring training 2014. The Tigers took a chance and were richly rewarded. In his first year with Detroit, Martinez was a revelation — he hit .315 with 23 homers in 123 games, and he was just getting started. From 2015 to 2018, for the Tigers, Diamondbacks and Red Sox, Martinez averaged 37 homers and a 155 OPS+ despite missing significant time two of those seasons. He finished fourth in the AL MVP race for the Red Sox in 2018, and he’s producing again this year, with 22 homers and a 130 OPS+ in 95 games. Max MuncyFeeling the pain: A’s fansWhy he’s here: Muncy played 96 games for the A’s in 2015-16, but never found much traction at the big league level. In that uniform, he batted just .195 with five home runs and a .611 OPS, and the A’s released him in spring 2017. He signed a minor league deal with the Dodgers, who put him in Triple-A for the entire season. Muncy hit .305 with 12 homers in 109 contests. He started 2018 at Oklahoma City again, but was called up a couple of weeks into the season. Muncy homered in his first start for the Dodgers, but overall he struggled early, batting just .190 with a .663 OPS in his first 49 plate appearances. From there, he caught fire. In his next 28 games, Muncy hit 11 home runs and posted a 1.197 OPS while starting games at third base, first base, second base and even playing a few innings in left field. The lefty let go by Oakland finished the season with 35 home runs and a .973 OPS, then added three more home runs in the postseason. This year, he made his first All-Star team and has 26 homers with a .899 OPS in 103 games. Edwin EncarnacionFeeling the pain: Reds fansWhy he’s here: Let’s start with all the times he was basically given away. In 2009, he was part of the trade that sent Scott Rolen from Toronto to Cincinnati, and he was only part of the deal because the Reds wouldn’t finalize it unless the Blue Jays took Encarnacion. Cincinnati — where he’d hit 71 homers in 514 games and wore out his welcome — wanted him gone.After the 2010 season, Encarnacion was claimed off waivers by the A’s. Twenty days later, the A’s non-tendered him, which made him a free agent. Toronto brought him back on a one-year deal (for $2.5 million) with a club option for the 2012 season. Good move, eh? From 2012 through 2018, Encarnacion averaged 38 homers and a 139 OPS+, and he has 30 homers with a 125 OPS+ so far this year with the Mariners and Yankees. Andrew MillerFeeling the pain: Marlins fans Why he’s here: Miller has been shipped around a couple of times in his career. Though he wasn’t good with Detroit, the team that drafted him sixth overall in the 2006 draft (one spot ahead of Clayton Kershaw) — he had a 5.69 ERA in 21 games (13 starts) — the Tigers didn’t give up on him. Miller was part of the trade that landed superstar Miguel Cabrera in Detroit, so the franchise certainly got top quality in return.The Marlins, though, did give up on him after three unsuccessful seasons that resulted in a 5.89 ERA in 58 games (41 starts) and multiple trips to the minor leagues to try and figure things out. He was traded to the Red Sox for Dustin Richardson after the 2010 season.The Red Sox eventually switched him to a full-time reliever, and Miller’s career has taken off. He’s been one of the most dominating lefty relievers in the sport, with a 2.22 ERA and 14.1 strikeouts for the Red Sox, Yankees, Indians and Cardinals.last_img read more

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Pacers guard Malcolm Brogdon tests positive for COVID-19

first_imgMORE: Players opting out of season return “I recently tested positive for the Covid virus and am currently in quarantine,” he said in a statement. “I’m doing well, feeling well and progressing well. I plan to join my team-mates in Orlando for the resumption of the NBA season and playoffs.” Brogdon was poised to play upon the season’s resumption after recovering from leg and hip injuries that sidelined him for Indiana’s final three games before the NBA season was halted.The Pacers (39-26) were in control of the Eastern Conference’s fifth seed when the season went on pause on March 11 due to the coronavirus pandemic. They will be one of the 22 NBA teams set for the restart at the bubble at Walt Disney World in July. Pacers guard Malcolm Brogdon said Wednesday he tested positive for the coronavirus.In his first season with the Pacers after arriving from the Bucks, the 27-year-old Brogdon is averaging 16.3 points and a team-high 7.1 assists in 48 games. last_img read more

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Transfer deadline day deals

first_img– Espanyol agreed to sell striker Leo Baptistao to Chinese Super League club Wuhan Zall. They also signed Alfa Semedo, the midfielder from Guinea-Bissau, and Argentine forward Facundo Ferreyra on loan from Benfica.GERMANY– England’s under-17 world champion Emile Smith Rowe is the latest UK teenager to join the Bundesliga, with RB Leipzig signing the 18-year-old midfielder on loan from Arsenal.– Another Englishman, West Ham United defender Reece Oxford, joined Augsburg on loan until June.– Defender Almamy Toure left Monaco for Eintracht Frankfurt on a four-and-a-half-year deal. Last year’s German Cup winners also signed defender Martin Hinteregger on loan from Augsburg.– A day after signing Welsh prospect Rabbi Matondo from Manchester City, Schalke recruited Dutch international defender Jeffrey Bruma, 27, on loan from Wolfsburg.– Borussia Dortmund’s Japanese international midfielder Shinji Kagawa was loaned to Besiktas in Turkey for the rest of the season. The 29-year-old helped Dortmund win the German league and cup double in 2012 before spending two years at Man United, then returned to the German club in 2014.– Dortmund also loaned defender Jeremy Toljan, 24, to Celtic until the end of the season.ITALY– Udinese signed former Brazil midfielder Sandro, 29, from Genoa with an obligation to buy. He previously played in England for Tottenham Hotspur and QPR, as well as West Brom on loan.FRANCE– It was a frenzied finish to a busy window at Monaco, who signed forward Georges-Kevin N’Koudou on loan from Tottenham Hotspur.– While eight players came in at Monaco in January, another eight left. Among the departures on deadline day were Youssef Ait Bennasser, with the midfielder joining Saint-Etienne on loan.– Bordeaux signed promising midfielder Yacine Adli, 18, from Paris Saint-Germain for an estimated five million euros. He had been linked to Arsenal last summer.– A week after signing Mario Balotelli, Marseille allowed Greek striker Kostas Mitroglou to join Turkish giants Galatasaray on loan.– Former Monaco and Nice midfielder Valentin Eysseric returned to Ligue 1, joining Nantes on loan until the end of the season from Fiorentina.Share on: WhatsApp FILE PHOTO: Denis Suarez at ArsenalParis, France | AFP | With the January transfer window closing on Thursday evening, AFP Sport picks out some of the main deals to go through around Europe on deadline day:ENGLAND– Newcastle United signed Paraguay midfielder Miguel Almiron, 24, from MLS Cup winners Atlanta United, reportedly for a club-record fee. He has penned a five-and-a-half-year deal for an undisclosed fee believed to be £20 million ($26 million). The Magpies also signed Italian left-back Antonio Barreca on loan from Monaco.– Arsenal signed Spain international Denis Suarez, 25, on loan from Barcelona for the rest of the season. He will link up again with Arsenal boss Unai Emery, under whom he once played on loan at Sevilla.– Wolves announced the permanent signing of Spain left-back Jonny Otto for a reported £18 million from Atletico Madrid. He had spent the first half of the season on loan at Molineux. Wolves also loaned forward Leo Bonatini to Nottingham Forest.– Leicester City have signed Belgium midfielder Youri Tielemans on loan from Monaco, with Portuguese international Adrien Silva going the other way on loan.– Peter Crouch is back in the Premier League after the former England striker, 38, joined Burnley from Stoke City on a short-term deal.– Crystal Palace completed a late deal to sign Belgian international striker Michy Batshuayi on loan from Chelsea, ending the 25-year-old’s brief loan stint at Valencia.– Champions Manchester City signed Croatian teenager Ante Palaversa from Hajduk Split for a reported £7 million. The midfielder has rejoined Hajduk on loan until the end of next season.– Cardiff City have signed Curacao international Leandro Bacuna from second-tier Reading on a four-and-a-half-year deal for a reported £3 million.– Fulham’s controversial forward Aboubakar Kamara joined Turkish side Yeni Malatyaspor on loan. The 23-year-old had been suspended by the Cottagers after being arrested on suspicion of actual bodily harm and criminal damage following a fight at the club’s training ground last week.– Coming in at Fulham is Norwegian international Havard Nordtveit on loan from Hoffenheim, as the ex-Arsenal and West Ham United defender returns to England.– Fulham also brought in winger Lazar Markovic from Liverpool on a short-term permanent deal. The 24-year-old Serbian international had spent loan spells at four different clubs since moving to Anfield in 2014.SPAIN– Barcelona announced the signing of Emerson from Atletico Mineiro for 12 million euros ($13.7m) on a deal until 2024, but the 20-year-old Brazilian defender will play for Real Betis on loan until June.– Barcelona also completed the immediate signing of French defender Jean-Clair Todibo from Toulouse for two million euros. The 19-year-old was initially due to arrive in July.– Valencia confirmed the signing of Alaves striker Ruben Sobrino for a reported five million euros on a deal to 2022. Valencia also signed Argentine defender Facundo Roncaglia on loan from Celta Vigo, who brought in Uruguayan defender Lucas Olaza on loan from Boca Juniors and Algerian winger Ryad Boudebouz on loan from Betis.last_img read more

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Glacier clubs ‘amazing’ at provincials

first_img14 years old: Sara Tolles – Silver medal on floor, Bronze medal on vault, 5th on beam and 4th All Around15 years & up: Hailey Lothrop – Gold medal on floor, Silver medal on vault, Bronze medal on beam, 4th on bars and Silver medal All AroundGirls Provincial Level 314 years old: Victoria Lawrence-Jeffery – Silver medal on beam, Bronze medal on floor, 6th on All Around15 years old:Ella Keelan – All-Around Championship Gold Medal, Gold medal on floor, Silver medal on beam, bronze medal on bars, and 5th on vaultKylee Dyck – Gold medal on beam, Silver medal on floor, Silver medal on vault, Silver medal All Around, and 7th on barsBoys Provincial Level 3 (Under 13)River Murphy – 7th on floor, 7th on vault, 7th on horizontal barChris Lawrence-Jeffery – Gold medal on horizontal barMatthew Bullen – 15th on horizontal bar Nelson’s Glacier Gymnastics Club, strutted their stuff at the 2014 BC Provincial Championships in Kamloops recently.All the gymnasts’ performances fit in seamlessly with the lower mainland and other BC clubs.  Almost everyone came home with an award and many brought home medals, including 5 Gold, 8 Silver, 4 Bronze and 1 All Around Championship Gold.“These results show how amazing our Nelson gymnasts area,” said Sandra Long, Glacier Gymnastics Head Coach of the Seven girls and three boys squad.”Our club’s gymnasts train 4-8 hours less per week then the clubs we compete against, and our girls and boys look just as refined and are very competitive in the Province,”Results from the 2014 BC Provincial Championships in KamloopsGirls Provincial Level 2 12 years old: Gwen McCrory – 10th on bars13 years old: Olivia Kelly – 4th on vaultlast_img read more

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Murray-Goffin and Bertens-Ferro, Madrid Virtual Open finals

first_imgWithin the first recreation of the lads’s semifinals, Goffin (29 years outdated and 10th on the earth) suffered lots to beat one of many match’s nice favorites, Tsitsipas (21st and sixth)., which he surpassed within the tiebreaker of the thirteenth recreation after lifting a match ball. The consequence, an thrilling 7-6 (6) for the Belgian, who stays undefeated and had solely given up one recreation in his earlier 4 video games. Twitter Mutua Madrid Open ‘); return false; “class =” item-multimedia “>Twitter Mutua Madrid Open Andy Murray will play the ultimate of the Mutua Madrid Open Virtual Professional in opposition to David Goffin after the British rival, Diego Schwartzman, gave him the cross attributable to his connection issues that prevented his digital recreation, on the controls of the PlayStation, from being performed underneath regular circumstances. After a number of interruptions and restarts, the Argentine received in an excellent tiebreaker, however in settlement with Murray and understanding the issues that may be within the remaining when he participated from a special continent (America) than the remainder, he determined to grant victory to the previous quantity one of many world. “You deserve it, Diego,” Murray informed his rival and buddy, who replied with a honest play beautiful: “You deserve it, as a result of everyone knows that you’re higher and you haven’t been in a position to play in these circumstances. It’s higher for everybody that you simply play, as a result of the problem of connection might be much less in Europe, and we will break up the prize ($ 150,000) to donate it then. “The match for the ladies’s title might be performed by Kiki Bertens and Fiona Ferro. Within the ladies’s staff, the nice revelation, the French Ferro (23 years outdated and 53rd within the rating), simply removed the Romanian Cirstea (30th and 75th), in a match that solely lasted seven minutes and ended with a 6-3. The opposite semifinal of the ladies, who display a excessive stage within the Tennis World Tour online game, was far more disputed. Bertens (28th and seventh) beat the lately retired Wozniacki 7-5 (29). The Danish made it tough for the Dutch, who stays undefeated.The finals might be performed from 18:30 (the lads’s first and then the ladies’s) and could be adopted at + tdp and the PlayStation Spain Fb web page.last_img read more

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Surging Ateneo eyes repeat vs NU

first_imgAteneo isn’t letting its guard down even with a Final Four berth in UAAP Season 80 within reach.ADVERTISEMENT Jake says relationship with Shaina ‘goes beyond physical attraction’ OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson LATEST STORIES Team owner: Alab PH poses biggest threat to Hong Kong 5 reign Jake says relationship with Shaina ‘goes beyond physical attraction’ Kiss-and-tell matinee idol’s conquests: True stories or tall tales? It’s too early to present Duterte’s ‘legacy’ – Lacson Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Running sixth with a 3-5 record, the Bulldogs are hoping to avenge their 96-83 loss to the Eagles in the first round of the season.The Warriors, meanwhile, gun for a third straight victory against the Falcons at 2 p.m.After losing their first six games, the Warriors, playing with fire and confidence, have notched back-to-back wins at the expense of the University of Santo Tomas and NU.ADVERTISEMENT Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ MOST READ Coco’s house rules on ‘Probinsyano’ set Hoping to keep their laser-like focus, the Blue Eagles shoot for a ninth straight victory against the National U Bulldogs on Wednesday at Mall of Asia Arena.“We still have to work hard, we can’t be complacent,” said Ateneo swingman Thirdy Ravena, after scoring 15 points in the 71-59 win over Adamson last Saturday.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smog“You have to have that next game mentality, that you have to prepare, you can’t be complacent. Just because you won the game, that doesn’t mean you can slack off.”Standing in the way of the Eagles’ unbeaten run is the desperate Bulldogs, who have lost four of their last five games, including a 90-77 defeat to the University of the East last Saturday. Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next Jo Koy: My brain always wants to think funny View comments Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scenelast_img read more

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Balance of Payments deficit skyrockets

first_img– US$94M deficit attributed primarily to fuel price hikesGuyana’s overall Balance of Payments deficit has skyrocketed to US$94 million. Compared to US$8.8 million for the corresponding period last year, this represents a telling indicator of Guyana’s economic situation.Finance Minister Winston JordanThe recently released Bank of Guyana (BoG) Quarterly Report and Statistical Bulletin, from which the above figures are culled, attributes this Balance of Payments deficit to an expanding current account deficit and to higher fuel prices.“This was primarily due to an expansion of the Current Account deficit, despite a surplus on the Capital Account. The deficit on the Current Account resulted from a higher merchandise trade deficit due to higher imports, primarily fuel,” the report states.Balance of Payments information is statistical data on a country’s fiscal transactions, including imports and exports. To therefore record a deficit, Guyana would have had to spend more on imports, among other things, than it derived from exports.According to the report, Guyana’s overall Balance of Payments situation in the 2017 fiscal year showed a deficit of US$69.5 million. This is a hike when compared to US$53.3 million of the previous year. And a breakdown of the figures shows stunning disparities.On the one hand, the Current Account shows a deficit of US$287.4 million for the year 2017. But in the previous fiscal year, the report notes, this was just US$12.4 million. The report admits that this is because of a negative balance on the merchandise trade account.“The further weakening was due to the negative balance on the Merchandise Trade Account. Merchandise exports were slightly lower than projected, mainly on account of lower export earnings of gold and other exports in the last two months of the year.”When Finance Minister Winston Jordan presented the 2018 budget last year, he had announced that merchandise imports were estimated to grow by 9.6 per cent. This has been attributed to increased imports of mining machinery, chemicals, fuel and lubricants. According to the 2017 report, imports exceeded the Government’s projections.“Imports were slightly more than the US$1.59 billion projected at the time of the presentation of the 2018 budget. As a result, the Merchandise Trade deficit of US$196.2 million was considerably higher than the projected deficit of US$147.2 million”, the Report detailed.“Notwithstanding the deficit on the Services Account was lower than estimated, the improvement in the Services Account more than offset the weaker balances on both the Non-Factor Services and Unrequited Transfers accounts,” the report states.EconomyJordan was, on January 17, quoted as expressing hope that Guyana would see a rise in exports for 2018. He had noted that growth in the agriculture, fishing and forestry sectors would be driven by expansion in other sub-sectors except sugar.That was then. At the 48th Annual Meeting of the Board of Governors of the Caribbean Development Bank, in Grenada in June, almost five months later, Minister Jordan had announced that the previous 3.8 per cent growth projection he announced at the last budget reading would be revised downwards.“In spite of both domestic and external shocks, Guyana has maintained its positive growth trajectory that has been evident for over a decade. In 2017, the economy recorded a growth rate of 2.1 per cent, reflecting improved performances in the forestry and rice sectors. On the other hand, contractions were witnessed in sugar and the construction and mining sectors”, he had announced.“The outlook for 2018 is very positive, notwithstanding further declines in the sugar industry. Real growth is projected to be 3.4 per cent, slightly below the budgeted 3.8 per cent; with increased output in rice, construction, manufacturing, and services sectors,” the Minister said in his speech, calling this a robust performance.Guyana’s last best growth rate was 5.2 per cent in 2013. World Bank records show Guyana’s growth rate in 2014 was 3.8 per cent; in 2015 it was 3.2 per cent; and in 2016 it was 3.3 per cent. For 2017, initial projections of 3.8 per cent were revised to 3.1.This figure then went to 2.9 per cent before the final figure of 2.1 per cent was announced. Jordan claimed that the poor performance was linked to the dismal figures recorded in sectors including sugar — a sector the Government itself radically downsized when it came to office.last_img read more

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