Marketmind: Bonds find respite but China crisis festers
A look at the day ahead in U.S. and global markets from Mike Dolan A rekindled bond market fire storm
2023-08-18 18:24
Ella Toone or Lauren James? Sarina Wiegman has already made the biggest decision of England’s World Cup
England stand on the brink of greatness. The European Champions are one victory away from being the best team in the world. But this has not been an easy tournament for Sarina Wiegman and her players. While the Euros saw emphatic victories – the best being 8-0 vs Norway and 4-0 vs Sweden in the semi-finals – and exultant home support, England have got into gear in a slower, more controlled way in this tournament (they did beat Sunday’s opponents Spain 2-1 a.e.t. in their toughest match in 2022 excluding the final, in case anyone had forgotten, but that was a rather different Spain team). Sarina is characterised for her consistency, bordering on stubbornness to her critics, but in this tournament she has had to change things up: the shift to a 3-5-2 against China was an inspired throw of the dice after some pretty drab stuff against Haiti and Denmark. The England head coach has also had to do without the enormously gifted Lauren James after her red card against Nigeria, having brought her in to start against the Danes. James was the best player in the group stages for England, scoring three and assisting three. But in her absence, two things have occurred. Firstly, the back three has got better, with Alex Greenwood staking a major claim to being the best player at the tournament, and one of the best ball-playing centre-backs in the world. No one has made more than Greenwood’s 563 passes at the World Cup, according to WhoScored.com, even more impressively, she’s made them at 90% accuracy. Her clipped pass to set up Georgia Stanway’s shot nine minutes in was world class and shows how important she’s been to England’s ability to generate chances. But crucially, the front two has also started to click. The final goal against Australia was sublime: Russo’s pressure caused an Australian error, which was seized on by Lauren Hemp. Hemp drove towards the heart of the Australian defence, while Russo’s cleverly drifting run took her away from a retreating Steph Catley. Hemp’s angle-changing pass was simply brilliant, and Russo’s cool, driven finish was a fitting end to an incisive attack. Hemp was the best player on the pitch against Australia, and the front two’s combination of movement, work rate, and technical ability shone against an excellently stubborn and well-organised Australia side. At times Russo has looked isolated playing for England and being asked to drop deep doesn't suite her game. She's an excellent passer but her real threat is in and around the box. In too many games she's had limited options to link up with. Alongside Hemp, though, who roams left and right as well as dropping deep, Russo always has at least one rapid option central and, often, one or both of the wing-backs and a midfielder bursting beyond. She also has support when playing higher. One of the reasons England scored that third goal was because Hemp could carry it further and release it later, leaving less for Russo to do in terms of beating players and allowing her to focus on the finish. And when she’s left to focus on her work in and around the area, Russo is lethal. She’s one of the purest ball strikers in the camp and her finishing under pressure is as good as anyone at the tournament. England’s front two can both score goals and both want to find pockets of space wide or deep, and both can create differently: Russo’s touch in tight areas, her hold-up play, and her through balls are superb, while Hemp can still show why at club level she’s one of the world’s most effective wingers with her tricky ball carrying and ability to execute technical passes while moving at speed. It’s also worth noting that now only Ellen White and Fara Williams have scored more for the Lionesses at major tournaments than Russo (10 and 8 versus 7). And they’ve been at their best in front of a midfield including Ella Toone. Toone might be less creative and more about linking play than James, but England tick over nicely with her as the more advanced midfielder of the three. Sarina won’t keep Toone in because she scored a worldy, but because she kept the ball well, found good pockets of space, and worked hard in defence. And then, once the game becomes more open and transitional, as finals tend to, James could come on and drive at a stretched defence, take the ball deep, and, although I hope England won’t need it, change the game. So while the focus might be on whether Toone or James starts, Sarina has already made the most important decision of the tournament: shifting to a back three has platformed Greenwood’s passing excellence and unleashed the front two of Hemp and Russo. If they can combine again, England have everyting they need to bring it home. Read More Women’s World Cup LIVE: England prepare for final against Spain and latest reaction to win over Australia Gianni Infantino tells women in football to ‘pick the right fights’ to utilise their ‘power to change’ What time is the World Cup final on Sunday and who will England play? World Cup final referee: Who will take charge of England vs Spain? Lauren James ‘will be ready’ for World Cup final, says Chelsea manager Emma Hayes Sarina Wiegman would be ‘perfectly capable’ of becoming England men’s manager, says FA chief
2023-08-18 17:54
Top US Firms From Apple to Intel Decry India PC Import Curbs
A broad coalition of America’s largest businesses from Apple Inc. to Intel Corp. protested the abrupt way in
2023-08-18 17:49
Before hundreds of protesters were killed, Egypt debated less lethal options, report says
A decade after hundreds of Egyptians were killed in a single day when security forces dispersed a sit-in protest in Cairo, a new report released by a human rights group to coincide with the anniversary of the massacre has claimed that authorities debated but ultimately rejected potentially less lethal options to break up the demonstration.
2023-08-18 16:49
SoftBank’s Arm Said to Line Up 28 Banks for Biggest 2023 IPO
Arm Ltd. has filled out the roster of underwriters for its initial public offering, with 28 banks in
2023-08-18 16:20
China Steps Up Efforts to Stabilize Markets as Confidence Slumps
Chinese authorities have stepped up efforts in recent days to bolster financial markets in a sign that Beijing
2023-08-18 15:54
Swedish Landlord Heimstaden Weighs Fresh Capital Injection
One of the biggest residential property companies in Europe has adjusted its financial policy and is considering raising
2023-08-18 15:53
ECB Readies Complaint to Italy on Bank Tax, Corriere Says
The European Central Bank is set to send a letter of complaint to the Italian government about a
2023-08-18 15:52
Emma Hayes: Lauren James ready for World Cup final but it’s up to Sarina Wiegman
Chelsea boss Emma Hayes refused to step on England manager Sarina Wiegman’s toes when asked if Lauren James should return to the Lionesses’ starting line-up for Sunday’s World Cup final against Spain. The 21-year-old Blues forward scored three goals and picked up the same number of assists before she was sent off in the Lionesses’ last-16 victory over Nigeria and given a two-match ban for stepping on the back of defender Michelle Alozie. Having served her punishment during the quarter- and semi-finals, James is now available to reclaim her spot in Wiegman’s starting XI – but she remains in competition with replacement Ella Toone, who netted the Lionesses’ opener in their 3-1 last-four victory to eliminate co-hosts Australia. James’ club boss Hayes said: “I think you know, I’m a manager but picking someone else’s team is not my job. It’s Sarina’s. My job is to enjoy it. Those players are prepared for whatever happens and for whatever team Sarina picks. I’m sure Lauren would be ready. “Lauren is just very excited to be in a World Cup final as all of the England players are. They are all excited. “It’s about England as a team and England as a whole and they have all stepped up and filled in, whether that’s Katie Zelem who filled in for Keira Walsh or Ella Toone at least filling in for Lauren James after that quarter-final. “Lauren is an outstanding player and will go on to contribute many more moments for both club and country. As always she will be reflective and will move forward with that.” James, who apologised for the red-card incident on social media, came off the bench in England’s 1-0 Haiti opener to kick-start their undefeated path to the final, then scored the winner against Denmark in her first World Cup start. She bagged a brace in the Lionesses’ thumping 6-1 win over China to conclude the group stage, also assisting three goals in that rout. James’ stock has risen under the watchful eye of Hayes, who has won the Women’s Super League (WSL) manager of the year award six times, including the past four seasons, and predicted her Chelsea charge would be vital to the European champions’ hopes of lifting a first World Cup. Hayes was named FIFA’s best manager in the women’s game in 2021, succeeding Wiegman, who has now won the award three times after also receiving the honour following England’s Euro 2022 triumph. It is no surprise, then, that both women’s names have been floated as potential candidates to take over the US women’s team, a role made vacant on Thursday after US Soccer announced the federation and Vlatko Andonovski had agreed to part ways. The decision came after the FIFA world number one-ranked Americans not only failed to defend their back-to-back titles, but were knocked out by Sweden in a last-16 penalty shootout for their worst-ever finish. Hayes, who has managed Chelsea since 2012, said: “I suspected that question would come up. “I’m very happy at Chelsea, I’ve made that clear. I’ve been there for 11 years, it’s my home. I think the US has wonderful players and perhaps the tournament didn’t go the way they wanted but my focus is on getting home and preparing the team for the start of the season.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Football rumours: Chelsea turn attention to Nottingham Forest’s Brennan Johnson Carlos Alcaraz gets his revenge against Tommy Paul in Cincinnati On this day in 2018: Tyson Fury defeats Francesco Pianeta on points in Belfast
2023-08-18 15:50
Harry Kane is Bundesliga’s greatest weapon in battle for eyeballs
“It is definitely not going to stay stuck in my head,” said Jamal Musiala, but it will probably remain lodged in the minds of many in the Dortmund area. It was the late goal the 20-year-old scored at Koln on the last day of the season, meaning Bayern Munich won their 11th consecutive Bundesliga. By default, perhaps, given that Borussia Dortmund spurned a golden chance to end the longest spell of domination in the Bundesliga’s 60-year history, missing a penalty and going 2-0 down at home to Mainz. An eventual 2-2 draw left Dortmund in their familiar role: in seven of those 11 seasons, they have finished runners-up to Bayern. Summer in Germany has been shaped by a trio who could have been England teammates: Musiala, the Stuttgart-born, Whitgift School-educated prodigy who chose to play for Germany; Jude Bellingham, the Bundesliga’s reigning Player of the Year but whose knee injury left him an unused substitute in Dortmund’s final-day heartbreak and who then decamped for Real Madrid; and Harry Kane, the £100m man who is the most expensive signing in the division’s history. There is a temptation to brand it as the biggest in years, too, though in reality last summer Sadio Mane joined Bayern, a few months before finishing as the runner-up in the Ballon d’Or and from a club, in Liverpool, at a rather higher ebb than Tottenham are now. Yet the England captaincy confers status and, while the Bundesliga has proven itself as a finishing school for young British talents, most notably Bellingham and Sancho, the 30-year-old Kane arrives at the peak of his powers. He draws attention to a division that can be both admired for its principles and feel overlooked in the battle for global television ratings. His league debut, at Werder Bremen on Friday, is the biggest game in world football at the time: his home bow, against Augsburg on Sunday week, clashes with Newcastle against Liverpool, plus Barcelona’s trip to Villarreal. Viewing figures for each may be instructive. “Harry Kane will not only strengthen FC Bayern but also be a real asset to the entire Bundesliga,” said Bayern president Herbert Hainer. Arguably, however, there is a contradiction there: Kane makes Bayern likelier Champions League winners but while the Bundesliga has had competitiveness and social mobility in most other sections of the table, not at the top; until last season, anyway, and Kane could reassert Bayern’s superiority. Only goal difference separated them and Dortmund in May, but seven of the Bavarians’ 11 titles have come by at least 10 points, two by more than 20, and the transfers of two Englishmen could shift the balance of power emphatically in their direction. Certainly, there are reasons to believe last season was Dortmund’s big chance: when Bayern had lost Robert Lewandowski when Mane’s move didn’t work out, when Julian Nagelsmann was sacked, when Thomas Tuchel got worse results than his predecessor. But the former Dortmund coach Tuchel provides one of the subplots this season: given more power on Sabener Strasse after chief executive Oliver Kahn and sporting director Hasan Salihamidzic were fired, the Anglophile manager tried to sign everyone from Declan Rice to Kyle Walker. A bid for Kepa Arrizabalaga, a goalkeeper he benched at Chelsea, failed, leaving Bayern looking for a deputy for the still-injured Manuel Neuer. In Kim Min-jae, however, he has a high-class recruit in the middle of the defence and with Kane, a conventional No 9, the side is otherwise strengthened (the post-Lewandowski void was not just felt at Bayern: the Pole had been the division’s top scorer with 35 in his final season whereas last year, for the first time in Bundesliga history, no one got more than 16). Yet Tuchel has underachieved so far and Bayern can be a febrile, political club. Dortmund, meanwhile, showed great unity after crushing disappointment. Edin Terzic, the coach and lifelong fan, was tearful after the failure to beat Mainz. The process of replacing Bellingham has started with the signings of midfielders Felix Nmecha and Marcel Sabitzer, the latter from Bayern; the trade between them has continued with Raphael Guerreiro going in the other direction. Dortmund have grounds for optimism in their vastly superior form after the World Cup, when they won 15 and lost just one of 19 games, and in the prospect of what Sebastien Haller and Karim Adeyemi might do: neither scored a league goal before the World Cup last season, when the striker was recovering from testicular cancer and the winger made a slow start, but each is a match-winner. RB Leipzig condemned Kane to an unhappy start by beating Bayern 3-0 in the Super Cup. It amounted to an eloquent response to the loss of their four best players, in Josko Gvardiol, Dominik Szoboszlai, Christopher Nkunku and Bayern’s new recruit Konrad Laimer. The hugely gifted loanee from Paris Saint-Germain, Xavi Simons, and the RB Salzburg striker Benjamin Sesko look like the pick of their signings but logically Marco Rose’s team are weaker now. The Bundesliga may have a big three of sorts now, but that offers others the chance to play Champions League football. Union Berlin’s swift rise was capped by their fourth-place finish last season; Brenden Aaronson and Robin Gosens are among their summer additions. Freiburg and Eintracht Frankfurt, two who have shown their competitiveness on the European stage in the last two seasons, are contenders to break into the top four. So are Bayer Leverkusen, joined by Granit Xhaka and led by Xabi Alonso, who could further the Bundesliga’s reputation as a breeding ground for coaching as well as playing talent. Intrigue is offered, too, by Heidenheim, promoted to the Bundesliga for the first time in their history and from a town of fewer than 50,000 people; there is room for each one and more in the grounds of five second-flight clubs, in Schalke, Hamburg, Fortuna Dusseldorf, Nurnberg and Kaiserslautern. With Barcelona’s Nou Camp and Real Madrid’s Santiago Bernabeu undergoing works, Dortmund should have the biggest gates on the continent this season. The vast capacities of its grounds facilitate lower ticket prices and add to the popularity of German football: the Bundesliga’s average attendance last season, of 42,966, was the largest in Europe. Plenty of eyes will be on Kane in Germany, though the acid test may be how many outside Germany tune in, just as the test for Bayern is not whether they can win a 12th Bundesliga in a row but a seventh European Cup. Read More Harry Kane embracing new pressure after Bayern Munich move Harry Kane finally gets his move — but it’s not the one he wanted Tom Brady expects friend Harry Kane to have ‘new energy’ in Munich Lionesses and Man City celebrate success – Thursday’s sporting social Meet the 21-year-old Nigerian striker Spurs are lining up to replace Harry Kane Lionesses celebrate reaching World Cup final – Wednesday’s sporting social
2023-08-18 14:58
UK Retail Sales Fall More Than Expected During Rainy Spell
UK retail sales fell more than expected in July after a spell of cool and rainy weather kept
2023-08-18 14:58
Take Five: Summer at Jackson Hole
LONDON It's summer camp season and not to be left out, U.S. rate setters and overseas pals gather
2023-08-18 14:50
