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World oil supply risks being ‘stretched to limit’: IEA

Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order to […].....»»

Category: financeSource: bworldonline bworldonlineJul 12th, 2018

World oil supply risks rising – IEA

PARIS: Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order… link: World oil supply risks rising – IEA.....»»

Category: newsSource:  manilainformerRelated NewsJul 13th, 2018

World oil supply risks rising – IEA

PARIS: Rising global oil supply, driven by crude giants Saudi Arabia and Russia, may come under pressure as key producers face disruptions, the International Energy Agency said Thursday. The IEA welcomed in its July report last month’s agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order [...] The post World oil supply risks rising – IEA appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

LeBron s free agency decision could swing NBA s balance of power

By Steve Aschburner, NBA.com CLEVELAND -- These combo coronation-funerals can be tricky. Imagine the crowning of a new monarch where the royal subjects couldn’t stop chattering about the freshly deposed or deceased predecessor. Where the traditional cry of continuity and succession, “The king is dead! Long live the king!” got flipped, with what was overshadowing what is. That’s pretty much how it went Friday night (Saturday, PHL time) at Quicken Loans Arena, with the Golden State Warriors’ latest NBA championship having to share the stage with speculation, instantly revved up, about LeBron James and the choice he’ll soon make about his next employer. The Warriors are the kings, claiming pro basketball’s throne yet again by completing a sweep of James’ Cleveland Cavaliers in the 2018 Finals. But of course, James is the King, and as so many of us learned in sophomore English – thanks, CliffsNotes! – “Uneasy lies the head (of those who fret and obsess about the future whereabouts of the NBA superstar) that wears a crown.” Long live the kings! The King is ... gone? There was so much energy before, during and after Game 4 Friday (Saturday, PHL time) poured into the last game/next game conjecture about James, the Cavaliers and seismic shifts in the league’s 2018-19 landscape that even the player’s surprise reveal near the end of the night – a bruised and bandaged right hand – couldn’t derail it. Turns out, as James ‘fessed up, the sore shooting paw was an injury he had been playing with ever since Game 1 in Oakland eight days earlier. He had “self-inflicted” it in a fit of pique when he smacked a whiteboard in the visitors’ dressing room at Oracle Arena after Cleveland’s overtime loss in the series-setter, an outcome driven at least in part by some teammates’ mistakes and an arcane wrinkle in the NBA’s replay rules regarding block/charge fouls. Despite the hordes of media people chronicling every waking detail of the Finals, James had kept the injury on the down-low (along with the possibility that J.R. Smith’s nickname amongst his Cavs teammates might be “whiteboard”). The cameras zoomed in and clicked in a paparazzi frenzy of motor drives every time James raised the hand, wrapped in black tape, above the table during his postgame podium remarks. Whether a legit Page-2-the-rest-of-the-story factor in the championship series or a too-late alibi, the contused hand wound up as a sidebar to where James plans to be using it when training camps open in a few months. As of Friday (Saturday, PHL time), it had been 95 months since “The Decision,” the 2010 announcement that James made in a tone-deaf vanity TV production that he was taking his talents from Cleveland to South Beach. Nearly 47 months had passed since he broke the news of his return in a Sports Illustrated ghost-written essay, envisioning much of what actually has unfolded in the four years since. Now savvy insiders and casual observers alike presume James will be on the move again, pushed to leave the franchise he has defined in an urgent search for more and better talent with which he can compete. As in, y’know, some horses, some horses, his kingdom for some horses. James’ free-agency process next month (he can opt out of a $35.6 million deal in the final season of his current contract) is expected to dictate the market of player movement this summer like an oversized domino. It easily could swing the balance of power, if not quite at Golden State’s lofty level then immediately below it. The monster he helped create Dr. Frankenstein eventually was done in by his macabre creation, and it can similarly be argued that James has no one but himself to blame for the predicament in which he again finds himself. He set in motion the machinery of the super team, after all, when he chose to join forces with Dwyane Wade and Chris Bosh in Miami eight years ago. Oh sure, the Boston Celtics in 2007-08 got there first by luring Kevin Garnett and Ray Allen to join Paul Pierce, but that was about knitting together three stars, all age 30 or older, for what would be their last best chance to win in an extremely limited run. That group won one title, went to two Finals in three seasons and was done, Allen leaving to join James & Co. with the Heat while Garnett and Pierce morphed into trade chips for Boston POBO Danny Ainge. When James, Wade and Bosh teamed up, they were in their basketball primes and their initial giddy boasts of “not four, not five, not six” championships turned off fans league-wide as much for its portent as its pretension. That crew went 4-for-4 in Finals, winning two rings before James, nudged by staleness and chafing as well as his grand plan for northeast Ohio, went home. From there, a line can be drawn through the ill-conceived 2012-13 L.A. Lakers of Kobe Bryant, Steve Nash, Dwight Howard and Pau Gasol all the way to this season’s Houston Rockets of James Harden and Chris Paul and the talent-gorged Golden State roster. James was the centerpiece as Cleveland replicated the Big Three concept around him with Kyrie Irving and Kevin Love, two younger, playoff-stymied All-Stars. The new-look Cavaliers went to the Finals in their first season together and clambered atop the basketball world to win the franchise’s first NBA title by the end of the second, becoming the first team in league history to do so after digging a 1-3 hole in the best-of-seven series. In that moment, regardless of the two Finals trips that followed, James’ bill was stamped: Paid In Full. Misguided fans might burn his jersey if he leaves again, but James burned the mortgage after that Game 7 in Oakland in 2016 as far as any remaining obligation to fulfill. “I came back because I felt like I had some unfinished business,” he said after elimination Friday (Saturday, PHL time). “To be able to be a part of a championship team two years ago with the team that we had and in the fashion that we had is something I will always remember. Honestly, I think we'll all remember that. It ended a drought for Cleveland of 50-plus years, so I think we'll all remember that in sports history.” James added: “When you have a goal and you're able to accomplish that goal, it actually – for me personally – made me even more hungry to continue to try to win championships. And I still want to be in championship mode. I think I've shown this year why I will still continue to be in championship mode.” In other words, James intends to sustain his high level of performance. He expects to win. And he presumably will do whatever – and go wherever – is necessary to achieve that. There’s no perfect fit So what does that mean for the NBA’s best player (never mind what the annual MVP balloting says in any given season)? It means this: compromise. There is no ideal situation, certainly no easy answer to the guesswork surrounding James’ looming free agency. He could transform any of the 30 teams, but not without some trade-offs for him, for them or for both. Most of them won’t be in play. Teams in markets such as Indianapolis, Milwaukee, Portland, Sacramento, the Twin Cities and so on can’t scratch James’ itches for either championship-worthy depth chart or spotlight. New York and Chicago, among the biggies, are out of synch with his timeline. Toronto? No way James is resettling his brand north of the border, and given his stated desire for teammates who have not just sufficient basketball skills but also mental toughness, well, the Raptors teams he and the Cavs have dominated do not qualify. The Boston club that stretched Cleveland to seven games in the Eastern Conference finals is built for the long haul and would have to surrender much of that to adjust to James’ career calendar. There’s a little Kyrie problem lurking there and, truth be told, the Celtics look to be on their way and are doing just fine without the 33-year-old heading, one of these years, toward decline. At some point in each of the 2018 Finals’ final three days, James spoke admiringly of the Warriors and the San Antonio Spurs title teams that blocked his path whether in Miami or Cleveland. He was at it again even as the Warriors were dousing the opponent’s locker room at The Q with Moet champagne. “I made the move in 2010 to be able to play with talented players, cerebral players that you could see things that happen before they happened on the floor,” James said. “When you feel like you're really good at your craft, I think it's always great to be able to be around other great minds as well and other great ballplayers. “That's never changed. Even when I came here in '14, I wanted to try to surround myself and surround this franchise with great minds and guys that actually think outside the box of the game and not just go out and play it.” Where might James find that now or recruit that swiftly? Hard to say. There are asterisks and “buts” everywhere: * If he were to sign with the Houston Rockets, James would be hitching his star to Chris Paul, a buddy with an injury history that’s about the mirror opposite of his own. He would be teaming up with an elite coach in Mike D’Antoni, something he’s never had (though Miami’s Erik Spoelstra was just young and unproven, on his way to big things). But it also would require another big ask of James Harden, who had to adapt last summer to Paul’s arrival and need for the ball. * If James chooses the Lakers, he has the chance to hit reset with the league’s glitziest franchise, in a market that can meet his every off-court wish and where he and his family already own one or more ultra-comfortable homes. The Lakers have young talent to help James transition into a lower-usage veteran’s role, favored status as a destination team for other top free agents and the salary-cap space to get it done this summer with the likes of Paul George or his pal Paul. But that roster might not be capable of insta-contending, which could burn a season or two when James’ clock most definitely is clicking. * If it’s San Antonio, James could link up with the elite coach in Gregg Popovich, where the winning culture is in the DNA rather than some acquired taste. The Spurs have talent, particularly if Kawhi Leonard finds happiness again there. But they might not have enough to rattle the Warriors’ cage. And for all their professed admiration, James and Popovich might both fare better by keeping their relationship long-distance vs. the 82-game grind. * If it’s Golden State? Perish the thought. The NBA might have to board up itself if competitive balance were capsized to that extent. And as Draymond Green shrewdly noted on Thursday (Friday, PHL time), if James climbed aboard, it likely would require him and several other Golden State teammates to be dispatched to parts unknown. * If James prefers to stay East, where the winning comes easier, he could pick Philadelphia. The Sixers have two foundational young stars at positions that matter most, center Joel Embiid and point guard Ben Simmons. But Simmons is a non-shooter at the moment, the antithesis of what makes a great complementary LeBron teammate. As for Embiid, James never has had to play off of and service a top center. And Philly might feel like a basketball-only move, with the hungriest and most demanding of any new fan base he would embrace. * If it’s Miami – wait, could it be Miami? Could he go second-home again? The Heat always strive to be competitive and offer a talent base deep enough for the East and lots of familiarity. But they also have players such as Hassan Whiteside and Dion Waiters whose mental approaches don’t seem to fit the model James was cooing about in Golden State and with the Tim Duncan-era Spurs. * That brings us to Cleveland, where it’s possible James might choose to remain. Staying with the Cavaliers, after leading them to four Finals and that heady 2016 title, would be the easiest choice as far as pressure to win. He owes these fans nothing anymore – in fact, had the bargain been offered to them in 2010 (“LeBron will leave and win elsewhere for four years, but will come back and deliver a championship and four Finals trips”), most would have grabbed it. Here, James and the fans who have watched him even through the interruption develop from ridiculously touted high schooler to one of the world’s most famous athletes could grow older together. Then he could partner up and buy the team from owner Dan Gilbert for a long-term future. Certainly, staying has a certain place in his and the rest of the James clan’s hearts. “The one thing that I've always done is considered, obviously, my family,” he said at series end Friday (Saturday, PHL time). “Understanding especially where my boys are at this point in their age. They were a lot younger the last time I made a decision like this four years ago. I've got a teenage boy, a pre-teen and a little girl that wasn't around as well. So sitting down and considering everything, my family is a huge part of whatever I'll decide to do in my career, and it will continue to be that.” It’s worth noting that as James contemplates his options as a modern pursuer of championship excellence, the prospect of him moving again qualifies at some level as a failure. Not just by the support system in Cleveland, where he and Gilbert have their friction and James gets snidely mentioned as the team’s unofficial GM and head coach, but by him too. He’s the one who went off to seek his “college education” in south Florida in what it takes to win, whether on the court, in the front office or in and around the seams 365 days a year, straight out of the Pat Riley handbook. The teams about which James talks so glowingly in Oakland now and in San Antonio then have cultures he covets, stability up and down the flowchart he craves. In Cleveland, for a variety of reasons, his team has been incapable of establishing and maintaining that to a lasting degree. He is part of that missed opportunity and he has to own it, no matter if he goes or stays. James is inseparable from the dynamic of the Cavaliers’ ever-changing and often melodramatic roster maneuvers. Spending big, swapping out draft picks to import current stars and supporting players, and overvaluing secondary guys like Smith and Tristan Thompson are risks the Warriors and the Spurs largely avoided thanks to shrew drafting and laudable continuity. The Cavs’ scrap heap, by contrast, is high with traded picks, scuttled plans, panic deals, short-term patches and folks such as former coach David Blatt and former GM David Griffin. And maybe James could have nurtured a little better relationship with All-Star point guard and 2016 title sidekick Kyrie Irving, enough to have kept Irving from bailing on them all with his trade demand last summer. Now he’s on the verge of casting about again, prioritizing what matters most for however long he continues to play. James is more at peace with it than he was before, particularly in 2010, and surely can enjoy the leverage he wields and the riches it delivers. But there is a burden there as well, one that could be seen as completing a circle. So many of the NBA’s greatest stars have been stuck playing and living in the Age of LeBron, right? Their paths to the Finals blocked, on one whole side of the league, by him and his? Well, LeBron James is stuck now in the Era of the Warriors, freshly swept and anxious to close the gap. What goes around comes around, though the key more pressing of the big W’s now is, where? Steve Aschburner has written about the NBA since 1980. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsJun 11th, 2018

New era, new challenges emerge for Warriors

By David Aldridge, TNT Analyst "It’s the lack of faith that makes people afraid of meeting challenges, and I believe in myself. He who is not courageous enough to take risks will accomplish nothing in life. I figured that if I said it enough, I would convince the world that I really was the greatest." -- Muhammad Ali Ali defended his heavyweight championship 20 times, during two eras: when he was young and unstoppable, after beating Sonny Liston in Miami in 1964, and when he was old and vulnerable, after beating George Foreman in Zaire in 1974. He was the fastest heavyweight ever in the first era; he was smart and could take a punch in the second. A generation later, the Golden State Warriors are defending their NBA title for a second time, in three years. But they, too, are doing so in two eras. In 2014, no one had seen anything like what Golden State did on a basketball court, and how Stephen Curry’s and Klay Thompson’s shooting range changed the geometry of NBA defenses. They stretched to the breaking point trying to get out to Curry and Thompson. They couldn’t figure out how to handle the Warriors’ five-man switching defenses. They couldn’t stand up under Golden State’s withering pace. There is no need to hold a telethon yet for the Warriors, three years later. They are 49-14 today, with four All-Stars among their five starters, including Kia MVP candidate Kevin Durant, in the prime of his career, who wasn’t there when the Warriors first beat the Cleveland Cavaliers in the 2015 Finals. They are still first in the league in Offensive Rating, first in True Shooting Percentage, first in Effective Field Goal Percentage. They still are unsolvable to most opponents. But maybe not all, not anymore. The margin of separation between Golden State and the rest of the league is still there, most of the time. But there are tiny signs of slippage. Tiny. You recall what Warriors assistant coach Bruce Frasier said in the preseason, when no one is injured and everyone thinks they’re going 82-0. “Teams are starting to figure us out a little bit,” he said then. “We’re talented, so that sometimes overrides strategy. But I feel like teams are figuring certain things out to do to counter what they’ve seen. Year one, it was really hard, because it was all new. The pieces have changed a little bit, but I feel like our challenge will be to see if we can layer on some of the offense, our fluid movement, and counters, and change things up, and execute better. Defense is always big, too, so I wouldn’t go into the complacent (problem). I think it’s going to be more execution, and how smart can we really be, and can we keep that energy up through this year?” In each of their previous three seasons, the Warriors led the league in margin of victory -- 10.1 points in 2014-15, 10.8 points in 2015-16 and 11.6 points last season. This year, though, they’ve fallen to third, behind the Houston Rockets and Toronto Raptors -- and their win margin is down to 8.5 points per game. Two years ago, the Warriors were fourth in the league in Defensive Rating (100.9). Last season, Golden State was second (101.1). This season, the Warriors are fifth, at 103.4. In 2014-15, they were 14th in the league in points allowed in the paint; this year, they’re 24th (to be fair, they were 23rd last year, when they won it all anyway). Are they bored? Tired? Aging? Is their bench inconsistency this year the result of vets saving themselves for the playoffs, or guys just getting old? And will it matter against anyone other than Houston? “Once you start getting a little older, it’s harder and harder,” guard Shaun Livingston said last week. “We definitely need the youth, we definitely need the health. We’ve got to be healthy. We’ve got to be healthy. Sometimes you see teams that maybe are over the hill -- they have the experience, but maybe not (the ability). It’s human nature. Obviously, I don’t think we’re there yet. We’ve got guys that are still in their prime. It’s mental now.” In the Jean-Pierre Coopman phase of their latest title defense (oh, how one misses spectacles like Ali fighting Coopman, the “Lion of Flanders” -- with Pat Summerall and Tom Brookshier on the call!), the Warriors came to Washington last week. There was no White House visit on the docket, only time with D.C. area kids and a trip to the African-American History Museum, with owner Joe Lacob and GM Bob Myers on the trip as well. They have been in the public eye for five years now, back to Mark Jackson’s last season as coach, when the Splash Brothers exploded into the national consciousness. That’s a long time for one NBA team to have all that light and heat on it. For a minute, the Warriors tried to convince themselves that there was a backlash building against them nationally, that people had grown tired of their 3-pointers and video game point totals. It was, of course, a ridiculous posit -- Golden State and its players are more popular than ever, the love for Curry such that he felt perfectly comfortable posting a photo of the glass table he accidentally smashed in his hotel room on Instagram, any criticism surely to be muted amid America’s love for the two-time MVP.   when you feel like you’re on the @pgatour so you gotta get some swings going in the hotel room 😂😂😂 #idiot A post shared by Wardell Curry (@stephencurry30) on Mar 1, 2018 at 1:33pm PST “There was a little guy who was probably eight years old, and he came up and introduced himself,” Steve Kerr said. “His name was Ryan, and I’m talking to him, and he goes ’oh, my God, there’s Quinn Cook!’ And he ran over to Quinn Cook. Not Steph, not me -- he loved Quinn Cook. That was cool.” Throughout the Warriors’ run, they’ve faced down different challengers in the Western Conference -- the first iteration of the Rockets with Harden, a hybrid inside-out attack where Houston unhappily and unsuccessfully tried to meld Harden and Dwight Howard in the post. The Durant/Russell Westbrook one-two combo in Oklahoma City. The Spurs, morphing from the Tim Duncan/Tony Parker-led team to the Kawhi Leonard-dominant one. The “Lob City” Clippers, followed by the Chris Paul/Blake Griffin halfcourt version. But this season’s Rockets, with Paul at the point, may be the most unique and dangerous threat to the Warriors. They are much more than a team that just rains 3-pointers on you -- though they most certainly do that, and do it historically well. They’re also an outstanding defensive team, with the additions of P.J. Tucker and Luc Mbah a Moute giving them a grit they haven’t had in past seasons to pair with the shot blocking and rim presence of Clint Capela. The numbers are stark: Houston is 32-1 this season when Paul, Harden and Capela all play, including two wins over the Warriors The Rockets have no obvious weakness. They have no fear of Golden State, either, having won two of the three meetings with the Warriors this season. It’s not just that they’re good, it’s how they’re good that makes them look like the greatest challenge yet to Golden State’s hegemony in the West. “I mean, yes, because they do it a different way, I guess,” Curry said last week. “They adopted the power of the three ball and try to use it as a main weapon, and obviously with James and CP together. Honestly, we know that they’re playing well. We’re chasing that number one seed and keeping tabs on how they’re playing and whatnot. But at the end of the day, we’ve got a lot of time left before we have to face them again. We know they’re serious. But so are we.” The Warriors have had to deal with great adversity during their run, to be sure. The biggest challenge came about this time last year, when a collision between teammates -- Zaza Pachulia and Durant, in D.C., ironically -- culminated in a Grade 2 MCL sprain and bone bruise for Durant, taking him out of the lineup at the worst possible part of the season. Golden State had just ripped off wins in 23 of its previous 27 games since a lamentable Christmas Day loss to the Cavs. Curry had started to figure out how to play with KD, and vice versa. They were in the middle of a brutal stretch of seven road games in eight overall, with the one brief return home to play the Celtics. When Durant went down, the initial fear was that he’d torn his ACL and would be out for the season. The Warriors’ locker room was funeral after the Wizards game. “Obviously, we were trying to figure out if he was like ’done-done’ for the year, or whether or not there was going to be a chance he’d return,” forward David West said. “We were, at the time he got hurt, we were just starting to figure out the sort of roles, everybody was getting comfortable with roles. We basically had to reset., change some of the functions we were doing. We lost a few games  trying to literaly just figure out and recalibrate and re-balance. That was one of those periods where we were just looking at each other, trying to start this thing -- we lost this huge, huge piece.” Yet the Warriors figured it out on the fly. And how they responded then provides a big clue to how they might respond to the challenge the Rockets present to them now. “It took us, I think we needed to get home before we were able to stablize,” Kerr said. “I want to say we lost three of the last four on the trip or something  (they did lose three of four, but one of the three losses was at Oracle in that one home game with the Celtics). We got home and righted the ship and got going. But sometimes (an injury is) a galvanizing force when a guy gets hurt, and you have to do certain things. Like, for us, when Kevin got hurt, we talked about it and we said we have to be the best defensive team in the league. We don’t have that luxury of throwing the ball to Kevin and saying ’get us 30 points tonight.'” During that stretch without Durant (March 2, 2017 to April 5, 2017), who returned just before the start of the playoffs, the Warriors led the league in the league in Defensive Rating (100.0, just head of San Antonio’s 100.2), first in opponent field goal percentage (.429), tied for second in opponent 3-point percentage (.316) and fourth in opponent points allowed per game (100.9). And once Durant returned for good, the Warriors again flexed. They tore through the West, winning all but one game en route to a third straight NBA Finals. And they took the Cavaliers apart in five games for their second title in three years. “You could see Draymond, Klay, Andre, Shaun, those guys, even Loon (Kevin Looney), were like, ’we didn’t have KD last year,’ ” West said. “For someone like myself, I just followed their lead. Klay got a little more aggressive. Draymond sort of settled everybody defensively. And we started winning.” That muscle memory will come in handy this year. Durant and Curry have missed time with injuries, and Golden State hasn’t figured out things at center just yet. (Would it shock me if rookie Jordan Bell played a big role there down the stretch? No, it would not.) But the Warriors still are smoking people in the second halves of games; per teamrankings.com, the Warriors lead the lead in third-quarter scoring margin at 5.3 points per game, more than double the margin of the second-place Denver Nuggets. Whether it’s adjustments or something else (“mainly, fiery halftime speeches, Knute Rockne style,” Kerr opines), they have again put a lot of opponents away with 12 minutes to spare. Since the All-Star break, they’re fourth in the league in opponent field goal percentage (.433) and Defensive Rating (100.3). “This year, obviously, knock on wood, we want to stay healthy,” Curry said. “We want to continue to push in the right direction. Every year’s different. That’s the fun part about this league. No matter how much success you’ve had and what your expectations are, it’s a different journey every year. We’re right in the middle of that right now. We have an amazing record, considering how we’ve played. I think we’d all say we haven’t lived up to our own expectations. That’s okay. We have an opportunity to build the right habits and the right momentum going into the playoffs this year and do it, all 15 guys.” Longtime NBA reporter, columnist and Naismith Memorial Basketball Hall of Famer David Aldridge is an analyst for TNT. You can e-mail him here, find his archive here and follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting......»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2018

It's on: Triple G and Canelo ready for big middleweight bout

em>By Tim Dahlberg, Associated Press /em> LAS VEGAS (AP) — It's the kind of fight Gennady Golovkin has been chasing from the moment he walked off an airplane six years ago to make his new home in Los Angeles. It's the fight boxing fans have been waiting for almost as long. Golovkin and Canelo Alvarez meet Saturday night in a middleweight showdown that has been brewing for years. They do it in their prime, and they both bring the kind of power that could make for a night that will be talked about in boxing for years to come. Three weeks after Floyd Mayweather Jr. and Conor McGregor met in an odd spectacle, boxing shows off its best side in a scheduled 12-round fight that will pay both men millions and make one of them the undisputed top 160-pounder in the world. 'It's a true fight,' Golovkin said. 'You can go back home or go to the hospital. It's dangerous. Everyone understands that.' Indeed they do, which is one reason Golovkin has had trouble getting fighters in the ring with him. The fearsome slugger from Kazakhstan has stopped almost everyone put in the ring with him, winning all 37 of his fights, 33 by knockout. But Alvarez packs power, too, and the red-headed Mexican is a savage counterpuncher with a style that should match up perfectly against the onrushing Golovkin. 'I don't back down,' Alvarez said. 'I'm a counter puncher, and I like to fight.' The combination of styles has boxing fans salivating over what will happen in the same ring where Mayweather stopped McGregor three weeks ago. The fight quickly sold out and is expected to do well on HBO pay-per-view, though it will not reach the level of last month's spectacle. Still, it promises to be a can't miss fight that brings back memories of the great middleweights of the 1980's. Both fighters weighed in Friday at the middleweight limit of 160 pounds. 'It all depends on who lands the punch that defines the fight and I think Gennady is going to do that,' said Abel Sanchez, Golovkin's trainer. 'They're going to hit each other and give fans the kind of fight they want and expect.' It won't be the first time the two have met, but it will be under far different circumstances. They sparred together at Golovkin's camp in Big Bear, Calif., in 2011 as both were preparing for fights and, though accounts vary, both had their moments with each other. But this is a real fight, with Golovkin's titles at stake and a lot more. Both will make millions of dollars in a fight that holds risks — and plenty of rewards — for both of their careers. 'These are the fights that define your career,' said Oscar De La Hoya, who promotes Alvarez. 'Both guys are not going to back down.' Alvarez is already an established superstar, arguably the most popular athlete in Mexico. Golovkin, who won a silver medal in the 2004 Olympics, is hoping for the kind of performance that will finally win over fans not overly impressed by a 23-fight knockout streak of 18 middleweight title defenses. Between them they have 86 wins, against only one loss. That was suffered by Alvarez (49-1-1, 34 knockouts) in 2013 against Mayweather in a fight he admitted he was too young to take. Oddsmakers in this gambling city have made Golovkin a slight 7-5 favorite, but the fighters themselves say anything could happen. 'It's not an easy fight for him or me,' Golovkin said. 'I think the first couple of rounds will be very close. I think the second half will be much crazier, like a street fight.' For Golovkin, the fight is the culmination of a long battle to establish himself as the top middleweight in the world. Triple G came to the U.S. in 2011 to pursue bigger fights, and has collected the major middleweight titles while trying to get Alvarez into the ring. It finally happened after Golovkin (37-0, 33 knockouts) was forced to go 12 rounds earlier this year against Danny Jacobs in a fight where he got hit a lot and barely escaped with a decision. Some in boxing thought it showed some vulnerability or suggested that at the age of 35 Triple G is getting a bit old. Nonsense, he says. 'I am the champion and I bring all my belts,' Golovkin said. 'This is my game, my fight. I am the boss, not Canelo.' Golovkin, who speaks limited English, backed his comments up with a tweet warning Alvarez what was yet to come. 'If you go in the ocean the shark knows,' he wrote. 'He's home. It's the same for me in the ring. ... Let's do it.' .....»»

Category: sportsSource:  abscbnRelated NewsSep 16th, 2017

Oil producers see oversupply, eye cutting output

ABU DHABI, United Arab Emirates -- Major oil producers said Sunday that crude supply next year would outstrip demand, calling for new strategies based on production adjustments. Khalid al-Falih, Energy Minister of the world's top supplier Saudi Arabia, said the kingdom would cut its production by 500,000 barrels per day. Russia, the world's second-biggest producer, said it would commit to any new agreement among producers to cut output. Meeting in Abu Dhabi to examine how to curb a sharp slide in oil prices, the producers said they "reviewed current oil supply and demand fundamentals and noted that 2019 prospects point to higher supply growth than global requirements." Th...Keep on reading: Oil producers see oversupply, eye cutting output.....»»

Category: newsSource:  inquirerRelated NewsNov 12th, 2018

Fashion turns to mapping tech for supply chains

NO ONE dies for fashion in greater numbers than, it turns out, the trees. More than 150 million are cleared every year, shipped around the world, then pulped and processed into viscose -- a.k.a. rayon, the cheap, silk-ish fabric most mass-market brands can’t survive without......»»

Category: newsSource:  bworldonlineRelated NewsNov 11th, 2018

Security vs. Convenience: Examining the Threats to Information and Privacy

In today’s fast-paced and hyperconnected world, convenience often outweighs security, especially when it comes to conducting transactions on mobile phones. Filipinos are spoiled for choice when it comes to free public WiFi, and many do not hesitate to connect to unsecured networks, unmindful of the security risks that come with them. “There are many digital […].....»»

Category: newsSource:  metrocebuRelated NewsNov 2nd, 2018

Dropped Lukaku set for time out of spotlight at Man United

By Steve Douglas, Associated Press Romelu Lukaku spends a lot of his spare time watching videos and YouTube clips of some of the world's greatest strikers in a bid to improve his own game. If he watches footage of his own recent performances for Manchester United, the Belgium striker may understand why he was dropped at the weekend as he goes through the toughest period of his time at England's biggest club. The goals have dried up (it's nine games without scoring, his longest drought in the red of United). His touch has deserted him. He might even be trying too hard. So when United manager Jose Mourinho spoke during the week of Lukaku's confidence being drained and his link-up play being off, the writing was on the wall for the player who moved to Old Trafford for $97 million in July 2017. When the team sheet was released for United's game against Everton on Sunday, it was no real surprise to see Lukaku on the bench and Marcus Rashford leading the attack. "Sometimes," Mourinho said, "we decide that the best thing for the players is to not be on the pitch, (but) to be protected and away from the initial pressure." Tellingly, United produced one of its most fluent attacking displays of the season. Rather than having a striker like Lukaku who often drops deep and ends up congesting the middle of the field, United had, in Rashford, one who stretched the opposition defense and allowed space behind him. United winger Anthony Martial reveled in the open spaces and scored his fourth goal in four games. Paul Pogba had more freedom to roam in midfield — he had more touches (88) and passes (67) than any other player — and was also more threatening going forward. Fred, recalled to the team, had room to take the ball to the edge of the penalty area and unleash shots. United had a 2-1 victory but should have won more convincingly. At times, as United's midfielders flooded forward to assist the mobile Rashford, it seemed like the days of Alex Ferguson. Everton was most dangerous in the final quarter of the game — after Lukaku had come on as a 65th-minute substitute. So does this spell the beginning of the end for Lukaku at United? Unlikely. Mourinho cherishes his big targetmen, such as Didier Drogba at Chelsea. He likes the fact that Lukaku never stops working for the team, saying many times that this is as important as the goals he scores. As Lukaku has said himself, Mourinho sees the striker "like his sergeant on the pitch." United had a similar situation when Zlatan Ibrahimovic was in the team in the 2016-17 season and often slowed its build-up play by dropping short. When Ibrahimovic got injured toward the end of his only full season at Old Trafford, Rashford played as the lone striker and United looked a different proposition. Still, that following offseason, Mourinho chose to buy Lukaku rather than put his faith in Rashford or Martial as the team's striker. The 20-year-old Rashford remains raw and his finishing is inconsistent. Martial appears to be back to his best but there is no telling how long his run of form will last. Perhaps Lukaku will just spend the next few games out of the spotlight. Maybe he can still adjust his game. "Here I still think my teamwork between myself and my teammates can improve and be much better," the striker said last week before United played against Juventus. "It's something that we're working on. The players need to know me and know my movement. "When that starts clicking, I think the results I have with Belgium will also come here." Lukaku has played 14 games for his national team in 2018 and scored 14 goals. He is Belgium's record scorer with 45 goals in 79 games. He is too valuable an asset for Mourinho and United to give up on. "His moment is not sweet," Mourinho has said "... but he's our striker and a good striker and a striker we believe in." POGBA'S STUTTER Pogba's stuttering run-up for his penalty against Everton — which was saved by goalkeeper Jordan Pickford before sidefooting in the rebound — was the subject of much debate after the game. Pogba said he might need to change his technique, which sees him take marginal steps forward without ever really accelerating toward the ball, as goalkeepers are starting to get used to it. Mourinho also said it might need a rethink. "I think the goalkeepers don't move and they are waiting for his decision," Mourinho said, "so I think he probably has to learn from that." As for Pogba's teammates, they are just making fun of it. Luke Shaw posted a photo on Twitter of him talking to Martial with his hand covering his mouth, and wrote: "Make a comeback in your career and renew your contract. (hashtag)ThingsYouCanDoDuringPogbasPenaltyRunUp." Make a comeback in your career and renew your contract. #ThingsYouCanDoDuringPogbasPenaltyRunUp pic.twitter.com/sxGx6C1i11 — Luke Shaw (@LukeShaw23) October 28, 2018.....»»

Category: sportsSource:  abscbnRelated NewsOct 29th, 2018

New York sues Exxon for misleading investors on climate change risk

HOUSTON — New York’s attorney general sued Exxon Mobil Corp on Wednesday, alleging that the world’s largest oil company for years misled investors about the risks of climate change regulations on its business. The suit, filed in New York Supreme Court, New York County, seeks undisclosed damages, a court order for a review of the […] The post New York sues Exxon for misleading investors on climate change risk appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 25th, 2018

Rachel Alejandro: Why All Out of Love is all worth it

The world premiere of All Out of Love, also known as the Air Supply musical, finally happened on October 18 at Resorts World. It was a day anticipated with much excitement by the all-Filipino cast and the Australian creative team who had been in Manila mounting the show for a ........»»

Category: newsSource:  rapplerRelated NewsOct 24th, 2018

Global trade wars risk millions of jobs – WTO chief

LONDON, United Kingdom – Escalating trade wars "pose real risks" to the global economy, potentially threatening millions of jobs, head of the World Trade Organization (WTO) Roberto Azevedo warned in a London speech on Wednesday, October 17. US President Donald Trump is locked in a trade war with China , rolling out billions of dollars in tariffs in a ........»»

Category: newsSource:  rapplerRelated NewsOct 18th, 2018

Germany s struggles continue with loss to France

By Graham Dunbar, Associated Press GENEVA (AP) — Germany is out of contention for another international trophy after France handed Joachim Loew's struggling team its latest loss on Tuesday. The balance of power in European soccer is swinging even further away from the 2014 World Cup champion since its poor title defense in Russia. World Cup winner France rallied for a 2-1 win in the UEFA Nations League against Germany, which fell to a fourth loss in its last six competitive games. The result means Germany, eliminated in the World Cup group stage in Russia, cannot advance to the Final Four tournament in June for the Nations League top-tier group winners. Germany wasted its first-half dominance at Stade de France, having led via a 14th-minute penalty from Toni Kroos. Antoine Griezmann struck twice in the second half — a precisely guided header in the 62nd and a penalty in the 80th — to take France's unbeaten streak to 15 games and extend its lead in Group 1 of League A. Germany also risks an embarrassing relegation to the second-tier League B when it finishes the group program against the Netherlands on Nov. 19. Elsewhere in the Nations League, Ukraine won promotion to League A by beating the Czech Republic 1-0 in Group 1 of the second tier. Ukraine, coached by former star forward Andriy Shevchenko, also improved its chances of qualifying for the 2020 European Championship. Nations League group winners are assured of a place in the playoffs for the Euros, if they don't qualify directly. UEFA created the Nations League to replace most international friendly games, though Belgium's schedule was free Tuesday to host the neighboring Netherlands in a 1-1 draw in Brussels. France was overrun for a period in the first half after Germany converted a penalty that followed midfielder Paul Pogba being dispossessed too easily in his own half. German winger Leroy Sane was sent clear and his low cross hit the arm of defender Presnel Kimpembe. France drew level when left-back Lucas Hernandez crossed for his Atletico Madrid teammate Griezmann to guide a rising header beyond goalkeeper Manuel Neuer's dive. Griezmann later wrong-footed Neuer from the penalty spot after a foul was called on defender Mats Hummels against midfielder Blaise Matuidi. Television replays showed Matuidi appeared to stand on Hummels' ankle sliding into the challenge, but UEFA is not using video review in its competitions this season. UKRAINE UP A third straight win for Ukraine ensured it became the first League B team promoted into the top tier for the next edition of the Nations League. Ruslan Malinovskyi's long-distance shot in the first half was enough to beat the Czechs in Kharkiv. Wales now leads Group 4 in League B after beating Ireland 1-0 in Dublin through Harry Wilson's second-half free kick. Wales hosts Denmark on Nov. 16. In League C, Norway now leads Bulgaria in the four-team Group 4 after beating the Bulgarians 1-0 in Oslo. Slovenia staved off relegation by drawing 1-1 with Cyprus in a game featuring three red cards. GEORGIA PROMOTED Georgia ensured promotion from League De with its fourth straight win, 3-0 at Latvia, ensuring it will win Group 1. The No. 93-ranked Georgians will also have a chance to advance to Euro 2020. One of the fourth-tier League D teams is sure to reach the Euro through the playoff route for Nations League group winners. Gibraltar earned just its second ever competitive victory, beating visiting Liechtenstein 2-1. Gibraltar also closed to within three points of Group 4 leader Macedonia which lost its perfect record in a 4-0 loss at Armenia. The final rounds of Nations League games are played Nov. 15-20. The Euro 2020 qualifying draw, seeded by Nations League standings, will be held Dec. 2 in Dublin......»»

Category: sportsSource:  abscbnRelated NewsOct 17th, 2018

Philippines mulls sponsoring catastrophe bond issue

MANILA — The Philippines‘ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help cover disaster-related risks in the country, the Department of Finance (DOF) said in a statement. […] The post Philippines mulls sponsoring catastrophe bond issue appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsOct 15th, 2018

PVL: Valdez not closing doors on politics

Alyssa Valdez could be looking at running for public position in the future. With the local elections just a few months away and following volleyball legend Leila Barros being elected as a senator in Brazil, Valdez said that she’s ‘not closing her doors’ to politics.      In fact, she and some local volleyball stars are now in the process of conceptualizing a partylist that aim to promote the welfare of Filipino athletes and nation building through sports.     “You know honestly kami talaga nina Ate Cha (Soriano), mga teammates ko from Ateneo, we really wanted to (form) a partylist,” said the Creamline power hitter. “Gusto talaga namin ang ibang tao na mag-support talaga sa sports. ‘Yun pa lang parang may concept na.” A representation in the House of Representatives, according to Valdez, will give athletes a voice in the government.  “We really wanted to help not just volleyball, siyempre we want the support talaga sa lahat ng sports,” added the three-time UAAP Most Valuable Player.  “Lalo na ako na nakikita ko whenever I go out of the country like Asian Games grabe talaga ang support ng bawat country na nakakalaban namin. So I wanted also na ganoon ang mangyari sa Philippines,” added the national team member.  However, the possibility of running for a position could take a few more years to materialize as Valdez is still enjoying her peak in the sport.  "We are trying to conceptualize pa lang naman,” explained Valdez. “We’re serious but as of now marami pa rin naman nangyayari sa amin sa volleyball kung na-settle muna lahat, so why not di ba?”     Barros a hero Barros endeared herself among the Filipino fans when the talented Brazilian opposite spiker strutted her wares during the country’s hosting of the FIVB Grand Prix in the late 90s early 2000s. With her charm, beauty and incredible power and skill, the 5-foot-10 hitter received a rock star status among adoring fans and became a hero among local volleyball players including most of the country’s stars today. One of them is Valdez.      “Leila Barros siguro is one of the heroes of Philippine volleyball. Isa siya sa talagan hinangaan ng lahat ng tao that’s why we’re all here,” said Valdez, who was just eight years old when Barros last saw action in the country during the 2000 World Grand Prix. “As a volleyball player I’m just really proud na may someone na very strong and brave enough to face another chapter of her life,” she added. Valdez herself has been actively doing civic works through her clinics and support to other foundations.  And her following Barros’ footsteps in public service is not far-fetched. "Siguro hindi naman sa ayaw kong magsalita ng tapos, mga councilor muna, hindi just kidding,” she said. “I really want to help not just volleyball in general but siguro sa nakukuha kong responsibility ko ay hindi lang din naman nali-limit sa volleyball. “Siyempre kailangan mo rin namang maka-experience ng mas madami, si Leila Barros nga ilang taon na rin naman then dun lang din nya na-realize na she’s ready to serve,” Valdez continued. “Hindi naman sa hinihintay ko siguro darating naman ang point na may mag-snap dyan na ‘you really have to serve (the country) after na lang ng volleyball siguro." “I’m not closing my doors but im really happy to help anyone din naman so who knows,” she said.       --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsOct 15th, 2018

IMF-WB calls to brace for risks

NUSA DUA, Indonesia — Global financial leaders wrapped up an annual meeting of the International Monetary Fund and World Bank on Saturday by urging countries to brace for potential risks from trade disputes and other tensions. The meetings in Bali, Indonesia, this week were overshadowed by a spate of financial market turmoil and by the […].....»»

Category: newsSource:  tribuneRelated NewsOct 13th, 2018

PH urged to have ‘open discussion’ on sexuality to fight HIV spread

    The World Health Organization (WHO) urged the Philippines to have an "open discussion" about sexuality and on the solutions to combat the spread of the human immunodeficiency virus (HIV) to help bring down its rate of new infections, which is currently the highest in the Asia-Pacific region. While the Philippines has several health interventions to help address HIV, awareness on the proper behavior to prevent the transmission of the disease as well as on its risks especially to vulnerable sectors remain wanting, according to WHO representative to the Philippines Gundo Weiler. "There's not enough awareness of the seriousness of the situation and we do see that to...Keep on reading: PH urged to have ‘open discussion’ on sexuality to fight HIV spread.....»»

Category: newsSource:  inquirerRelated NewsOct 13th, 2018

The grand dame enters the world of multimedia

Running faster at 120, The Manila Times steps into the AI-driven century IT may well be the story of the century: On its 120th anniversary, in the year when artificial intelligence-driven cameras and blockchain technology are developed to either help clean up the oceans or deter counterfeiting and ensure global food supply, The Manila Times [...] The post The grand dame enters the world of multimedia appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 11th, 2018

Letters from Davao: Sustaining Manila’s Food Supply by Jun Ledesma

PHILIPPINES, JUST LIKE most countries in the world, are affected by the impact of the spike of oil prices and […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsOct 10th, 2018

IMF cuts global growth forecast

WASHINGTON, D.C.: An upswing in economic risks due to rising trade tensions and debt levels has prompted the International Monetary Fund (IMF) to cut its forecast for world growth for this year and next. With trade growth set to slow sharply amid a trade war between the United States and China, the IMF cut its outlook for [...] The post IMF cuts global growth forecast appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018