Sri Lanka unveils debt restructure plan to tackle economic crisis
Sri Lanka's central bank on Thursday unveiled a far-reaching domestic debt restructuring plan aimed at restoring stability after an economic and political crisis last year that led to...
2023-06-29 12:53
Finnish finance minister apologizes for racist and violent comments made online in 2008
Finnish finance minister Riikka Purra has apologized after she made racist comments in 2008 that were recently discovered online.
2023-07-12 19:52
When will 'Botched' Season 8 Episode 4 air? Dr Terry Dubrow and Dr Paul Nassif to fix $1M plastic surgery mishap
Dr Terry Dubrow and Dr Paul Nassif give stunning transformations to patients who had failed plastic surgeries
2023-08-18 11:29
Billionaire buyer closes Leonardo da Vinci's vineyard to the public
La Vigna di Leonardo, said to have been da Vinci's vineyard, has been closed after French billionaire Bernard Arnault bought the property. Now, nobody knows if the site will reopen to the public -- or sell its wine for charity, as before.
2023-10-17 18:27
Major Retailer’s Struggles Flash Warning Signs for Canadian Economy
Big box retailer Canadian Tire Corp. will cut 3% of staff and eliminate most vacant roles as consumers
2023-11-10 01:55
Kelly McWhirter: Hunter finds body of missing Michigan woman 40 days after primary suspect husband takes own life during arrest attempt
On October 18, when authorities attempted to arrest him, the husband of Kelly McWhirter, the primary suspect in her disappearance, took his own life
2023-12-01 07:28
Bearish Oil Options Hit Record Volumes as OPEC+ Delays Meeting
Oil options trading took a sharply bearish turn as the OPEC+ producer group postponed a pivotal output-policy meeting
2023-11-23 19:55
Mexico's inflation eases further in September, still above bank target
Mexico's annual inflation eased in September for the eighth consecutive month and stood at 4.45%, still above the
2023-10-09 21:20
£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 21:52
Brazil food processor BRF posts $53.4 million net loss in Q3
SAO PAULO Brazilian pork and poultry processor BRF SA on Monday reported a 262 million real ($53.37 million)
2023-11-14 06:18
NBA Playoffs: Boston Celtics blow out Miami Heat, 110-97, in 'win or die' Game 5
The Boston Celtics have kept their dreams of back-to-back NBA Finals appearances -- and a historic series comeback -- alive with a 110-97 win in Game 5 against the Miami Heat.
2023-05-26 18:24
Godrej to Make New Luxury Condos as India’s Rich Lap Up Realty
A top Indian developer plans to build two luxury housing projects near the nation’s capital where the rich
2023-07-13 16:59
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