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Breaking: Man City win Champions League ban appeal

first_imgRelatedPosts Aguero could be out of action until November, Guardiola says David Silva recovers from COVID-19 UEFA changes venue of Player of the Season award ceremony, Champions League draw Manchester City will compete in next season’s Champions League after the Premier League club had their two-year ban from European football overturned by the Court of Arbitration for Sport on Monday.City, who confirmed their place in next season’s European Cup with the 5-0 thrashing of Brighton & Hove Albion, lodged their appeal to CAS in February after Uefa’s club financial control body issued the suspension in February. Uefa ruled the club had committed “serious breaches” of financial fair play regulations between 2012 and 2016.City vehemently denied all charges. Chief executive Ferran Soriano had said the allegations were “simply not true” and “irrefutable evidence” would be provided to prove the club’s innocence.CAS’ ruling has vindicated City’s stance.The initial fine of £30 million has been reduced to £10 million.Tags: Brighton & Hove AlbionChampions LeagueCourt of Arbitration for SportFerran SorianoManchester CityUEFAlast_img read more

Hunters looking to win away match

first_imgWith three of the key Hunters players – Justin Olam, Bland Abavu and Adex Wera – suspended following a video review after last week’s game against the Townsville Blackhawks, Hunters coach Michael Marum added Wartovo Puara Jnr, Adam Korave and Nixon Borana in backing the team.Meanwhile, the Pride are playing for exactly that and have shown plenty in their last three matches with wins over Burleigh and Tweed, as well as a narrow 22-20 loss to the Blackhawks.Coach Marum is still impressed with the team despite last week’s loss to the Blackhawks, however, they have won the Round 13 clash 22-6 over the Pride and they look confident.The Hunters are looking to win this away match against the tenth-placed Northern Pride at the Barlow Park on Sunday.This weekend’s team includes;1. Stargroth Amean 2. Butler Morris 3. Noel Zeming (c) 4. Edward Goma 5. Philimon Kimisive 6. Ase Boas 7. Watson Boas 8. Enock Maki 9. Warren Glare 10. Esau Siune 11. Timothy Lomai 12. Ishamel Baikawa 13. Brandy Peter 14. Gahuna Silas 15. Adam Korave (c) 16. Benjamin Hetra 17. Nickson Borana 18. Wartovo Puara Jnr 19. Atte Bina Wabo.last_img read more

“We Have Businesses Set Aside Strictly For Liberians”

first_imgAs the government concludes a three-day conference to identify and support Liberia’s Post Accession plan to the World Trade Organization (WTO), the Minister of Commerce and Industry (MOCI), Axel M. Addy has disclosed that a number of businesses have been set aside strictly for Liberian owned businesses.Minister Addy, Liberia’s chief negotiator in the ongoing WTO Liberia Post Accession Plan, made the disclosure yesterday at a special press stakeout held at a local resort in Monrovia.“There has been a serious concern from Liberia about the size of the economy and business set aside for Liberian owned businesses,” Minister Addy said. “Liberia’s package has already taken that into consideration in Liberia’s package and the people of Liberia can be assured.“Coalition building can also help small countries increase their bargaining power in negotiations or in creating new trade rules,” he said.Minister Addy indicated that there are horizontal packages that provide protection for citizens, investments, and domestic inventory among others, which he attributed to the delay in becoming a member of the WTO, including other countries.According to him, the three-day conference, which brought together international delegates, is important as it allows stakeholders to get the complete understanding of the implication of the commitment.“There have been stakeholder meetings around the WTO’s accession process since 2007 and sometimes specific sector meetings like the private sector that today resulted into Liberia being a member of the WTO. Liberia is already a market-based, liberalized economy.“By joining the WTO, small countries enjoy the benefits that all WTO members grant to each other, based on principles of non-discrimination and transparency,” he said.According to him, small countries can participate fully in the multilateral trading system as decisions are made by consensus and each member has an equal right to challenge the practices of other members in the WTO dispute settlement procedures.He said the major benefit of the WTO accession process itself is that it provides an acceding government with a powerful instrument for domestic reforms to accelerate growth, modernization, strengthen institutional capacity and enshrine the rule of law. “Through accelerated growth and development, government’s efforts at reducing poverty can be strengthened. WTO membership is an investment into future competitiveness – it can serve as a tool to attract domestic and foreign investment to diversify local production base and expand its supply capacity.Legally binding WTO commitments help improve investor confidence and the domestic environment for doing business,” Minister Addy added.“Modernization through domestic reforms undertaken in the process of accession as well as transparency and predictability of the rules-based multilateral trading system can help create a competitive and favorable business environment for all private sector operators, domestic and foreign. Export-oriented operators can also benefit from access to the markets of all WTO members on a most-favored nation (MFN) basis. The greatest benefits of accession arguably go to SMEs and consumers, who are typically not able to lobby/negotiate on their own behalf. “Telecommunications are essential for producing and distributing goods and services,” he said. “Transport services contribute to the efficient distribution of goods within a country and are particularly important for international trade. Efficient business services reduce transaction costs and increase productivity. Education services are necessary to build up the stock of human capital. Distribution services connect producers and consumers and influence the efficiency with which resources are allocated. Tourism is appropriate for increase in consumer spending, job creation and overall economic growth.”Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more