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Short European equities ‘most crowded’ trade in BAML survey

The German share price index DAX graph at the stock exchange in Frankfurt
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 12, 2019. REUTERS/Staff

March 19, 2019

LONDON (Reuters) – Fund managers have named bearish bets in European equities as the “most crowded” trade for the first time, replacing emerging markets, according to Bank of America Merrill Lynch’s March survey released on Tuesday.

Investors have shunned European stocks for some time, betting the market would be weaker compared with the United States and other regions as euro-zone economic growth slows and Britain’s chaotic exit from the European Union raises worries about disruption to its economy.

A slowdown in China, the world’s No. 2 economy, topped the list of biggest tail risks, ousting the trade war, which had been at the forefront of investor concerns for the previous nine months, the survey showed.

BAML’s March survey – conducted between March 8-14, with 239 panelists managing $664 billion in total – also showed investor risk appetite continued to fall, with global equity allocations remaining at September 2016 lows.

(Reporting by Josephine Mason, Editing by Helen Reid)

Source: OANN

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Criticism mounts of Trump pick for U.S. Federal Reserve

FILE PHOTO: FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington
FILE PHOTO: The Federal Reserve Board building on Constitution Avenue is pictured in Washington, U.S., March 27, 2019. REUTERS/Brendan McDermid/File Photo/File Photo

April 12, 2019

By Pete Schroeder and Howard Schneider

WASHINGTON (Reuters) – Potential Federal Reserve board nominee Stephen Moore, picked by U.S. President Donald Trump, faced new criticism on Friday, with Democratic Senator Elizabeth Warren accusing him of lacking competencies to serve in that role.

Economists and other critics have expressed concerns about Moore, a conservative economic commentator, and another Trump loyalist nomination to the Fed’s Board of Governors, serving on the traditionally nonpartisan central bank.

Warren, a Democrat who is running to challenge Trump in the 2020 election, said Moore had “a long history of making wildly inaccurate claims about economic policy that appear to serve political ends.”

“Americans should be able to trust that policymakers … have some command over basic mathematical and economic concepts and allegiance to facts,” she wrote in a letter to Moore.

Warren cited examples where Moore’s economic commentary appeared in conflict with other research or Moore’s earlier stances. She included a multiple-choice questionnaire asking if he still held prior views, including describing himself as “not an expert on monetary policy.”

Moore did not immediately respond to an email seeking comment.

Moore, and fellow Trump nominee Herman Cain, a former restaurant chain executive, are battling for the two vacant seats on the Fed’s Board of Governors, positions that would give them a say for years on interest-rate policy and bank regulation.

Analysts say Moore has at times sounded like a “hard money” advocate. In 2015, he said that the Fed’s crisis-era polices were “cheapening our dollar … We have got to get rid of the Federal Reserve and move toward a gold standard in this country.”

The dollar in 2015 was in the middle of a six-year rise in value against a basket of foreign currencies. Moore now says he wants to cut interest rates, which would generally weaken the currency.

He has also said he changed his mind about the gold standard and advocated tying Fed policy to a commodity index, which he said former Chairman Paul Volcker used to tame inflation. Volcker did not use such a rule.

Warren sent a separate letter to Cain, a former Republican presidential candidate, also describing him as unsuitable for the post.

Cain’s potential nomination appears to be in trouble, as multiple Republican senators, whose votes he would need for confirmation, have already said they would oppose him.

Neither nomination has been formally sent to the Senate but Trump has said he will put their names forward.

(Reporting by Pete Schroeder, Howard Schneider and Trevor Hunnicutt; Editing by Susan Thomas)

Source: OANN

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Charge upgraded to murder for Memphis boy, 11, in shooting

Police in Tennessee say an 11-year-old boy now faces a murder charge after a teenager he is accused of shooting died.

The Memphis Police Department said Sunday that a 14-year-old boy has died after he was shot Wednesday night. Police said the teen had been hospitalized in extremely critical condition before his death.

Police said a 34-year-old man also was wounded in the shooting. He is in critical but stable condition.

Police are not identifying the 11-year-old. He is charged with first-degree murder, murder during a theft, and attempted murder. A judge will decide at a hearing whether the boy will be charged as an adult. It was not clear Sunday night if he had a lawyer. The boy is awaiting a hearing in Shelby County Juvenile Court.

Source: Fox News National

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$878M South Carolina lottery winner sharing with charities

A South Carolina woman who won $878 million in the biggest jackpot payout to one winner in U.S. history says she wants to give back to the city and state where her good fortune happened.

The woman issued a statement through her lawyer Thursday saying she was giving money to the City of Simpsonville Art Center, the One SC Fund for hurricane relief and a relief fund for victims of the recent Alabama tornadoes.

The woman says she bought the ticket after seeing a sign advertising the jackpot at the KC Mart in Simpsonville.

The woman picked a one-time paymen t of $878 million for the Mega Millions jackpot instead of taking the $1.5 billion jackpot over 30 years.

She says she is choosing to remain anonymous for her safety.

Source: Fox News National

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China’s JD.com boss criticizes ‘slackers’ as company makes cuts

FILE PHOTO: Liu, CEO and founder of China's e-commerce company JD.com, speaks during an interview with Reuters in Beijing
FILE PHOTO: Richard Liu, CEO and founder of China's e-commerce company JD.com, speaks during an interview with Reuters after delivering goods for customers to celebrate the anniversary of the founding of the company, in Beijing, China June 16, 2014. REUTERS/Jason Lee/File Photo

April 13, 2019

By Josh Horwitz and Brenda Goh

SHANGHAI (Reuters) – Richard Liu, the founder of Chinese e-commerce giant JD.com Inc, has weighed in on an ongoing debate about the Chinese tech industry’s grueling overtime work culture, lamenting that years of growth had increased the number of “slackers” in his firm who are not his “brothers.”

Liu’s comments, which Chinese media said were posted on his personal WeChat feed on Friday, are the latest contribution to a growing discussion about work-life balance in the tech industry as the sector slows after years of breakneck growth.

They also come amid reports this week that the company is in the throes of widespread layoffs. Three company sources told Reuters that cuts began earlier this year and had become more extensive in recent weeks.

A JD.com spokesman confirmed the authenticity of Liu’s note. He declined to comment on layoffs but said some adjustments were happening as a normal part of business.

“JD.com is a competitive workplace that rewards initiative and hard work, which is consistent with our entrepreneurial roots,” the spokesman said. “We’re getting back to those roots as we seek, develop and reward staff who share the same hunger and values.”

Liu, who started the company that would become JD.com in 1998, in the note spoke about how in the firm’s earliest days he would set his alarm clock to wake him up every two hours to ensure he could offer his customers 24-hour service – a step he said was crucial to JD’s success.

“JD in the last four, five years has not made any eliminations, so the number of staff has expanded rapidly, the number of people giving orders has grown and grown, while the those who are working have fallen,” Liu wrote. “Instead, the number of slackers has rapidly grown!”

“If this carries on, JD will have no hope! And the company will only be heartlessly kicked out of the market! Slackers are not my brothers!” he added

The term he used, which is commonly translated in China as “slackers” can be directly translated as people who drift along aimlessly or waste time.

The contents of his note were reported by major Chinese media outlets such as financial magazine Caijing and the 21st Century Herald newspaper on Saturday as well as widely shared on Twitter-like platform Weibo, where it was read more than 400 million times.

CUTS AND SLOWDOWN

Three JD employees, who declined to be named as they were not permitted to speak to the media, told Reuters that morale at the company was low after several senior executive departures and layoffs across the firm in recent weeks. One said the cuts also affected vice-president level staff.

Tech website The Information reported this week that JD.com could cut up to 8 percent of its workforce. JD, which had more than 178,000 full-time employees at the end of last year, said the figure was incorrect.

“Now is kind of an inflection point, where too many people and too many business leaders or department leaders have been laid off. No one is safe,” one of the sources said.

He added that it had affected productivity in his department and that many workers checked Weibo, the stock markets or played games rather than focus on work.

The layoffs “are pretty much all JD employees can talk about,” he said.

The JD spokesman, when asked about morale, said most of the team was highly committed.

“Change – while uncomfortable for some – can be encouraging for most, who are dedicated to our shared future.”

JD, which is backed by Walmart Inc, Alphabet Inc’s Google and China’s Tencent Holdings, in February posted its lowest quarterly revenue growth rate since its 2015 initial public offering.

Other Chinese tech giants have lowered growth forecasts and cut staff bonuses amid the slowdown, which has driven calls for better work conditions for its workers.

The ‘996’ work schedule, which refers to a 9 a.m. to 9 p.m. workday, six days a week, has in particular become the target of online debate and protests on some coding platforms, where workers have swapped examples of excessive overtime demands at some firms.

Alibaba Group founder and billionaire Jack Ma also weighed in on Friday, telling the company’s employees in a speech that the opportunity to work such hours was a “blessing”.

Liu said JD did not force its staff to work the “996” or even a “995” overtime schedule.

“But every person must have the desire to push oneself to the limit!” he said.

(Additional Reporting by Cate Cadell and Zhang Min in BEIJING; Editing by Gerry Doyle)

Source: OANN

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Former GOP Lawmakers Urge Republicans to Reject Border Order

Twenty-three former Republican members of Congress have written a letter to current GOP members urging them to pass a joint resolution 'terminating the emergency declared" by President Donald Trump.

In the letter, published Monday by Politico, the lawmakers said that no matter what their policy preferences were or "how deep our loyalties to presidents or party leaders," lawmakers take an oath to put the United States and its Constitution first.

"We who have signed this letter are no longer Members of Congress, but that oath still burns within us," the letter said. "That is why we are coming together to urge those of you who are now charged with upholding the authority of the first branch of government to resist efforts to surrender those powers to a president."

The former lawmakers point out that in Article 1 of the Constitution, section 9, it is stated that the power of the purse rests with Congress.

The second argument asks how much members of Congress are willing to undermine the Constitution "to advance a policy outcome that by all other legitimate means is not achievable."

The letter was signed by former Reps. Steve Bartlett, Texas; Douglas Bereuter, Nebraska, Sherwood Boehlert, New York; Rodney Chandler, Washington; William Clinger Jr., Pennsylvania; Tom Coleman, Missouri;  Mickey Edwards, Oklahoma; David Emery, Maine; Nancy Johnson, Connecticut; James Kolbe, Arizona; James Leach, Iowa; John LeBoutillier, New York; Pete McCloskey, California; Thomas Petri, Wisconsin; Claudine Schneider, Rhode Island; Christopher Shays, Connecticut; Peter Smith, Vermont; Alan Steelman, Texas.

Former Sens. John Danforth, Missouri; Chuck Hagel, Nebraska; Gordon Humphrey, New Hampshire; Richard Lugar, Indiana; Olympia Snowe, Maine, also signed the letter.

Source: NewsMax Politics

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Driver of truck involved in GOP train crash likely caused collision, NTSB says

The National Transportation Safety Board (NTSB) reportedly determined that the garbage truck driver involved in an accident last year with a train carrying GOP members was the likely cause of the crash.

The agency’s concluding report, released Thursday, listed a few of what they said were likely contributing factors to the crash in Virginia that left one person dead, according to The Associated Press.

Among the probable causes to the incident was the driver’s choice to navigate around the railroad crossing’s lowered safety gates, as well as their lack of movement once on the tracks, the NTSB said.

FLASHBACK: TRAIN CARRYING GOP LAWMAKERS TO RETREAT HITS TRUCK ON TRACKS, 1 KILLED

The crash unfolded in January 2018 in Crozet, Va., and Republican lawmakers onboard were bound for a retreat in West Virginia. But their plans were thwarted when the train slammed into a garbage truck.

The person killed was one of two passengers inside the truck.

Drugs also likely played a role in the crash, the agency determined. Results from a test of the driver’s blood showed the psychoactive ingredient found in marijuana, in addition to an anti-seizure medication, according to The Associated Press.

DRUNK TRAVELER ON HIGH-SPEED TRAIN SMASHES INTO CONDUCTOR’S AREA, DEMANDS TRAIN SLOW DOWN

Authorities were reportedly unsuccessful in locating a prescription for the medication.

The report also indicated instances of purported slow decision-making.

"The truck driver's lack of response after stopping the truck and being positioned between two obstacles for several seconds is an example of slow decision-making," the report said.

The trash truck's driver, Dana William Naylor Jr., had already been indicted locally on involuntary manslaughter and DUI charges, according to The Associated Press.

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But a charge of maiming under the influence was dropped after a judge ruled out certain scientific testimony and blood evidence, the outlet said, citing the Daily Progress.

Last month, a jury found Naylor not guilty of involuntary manslaughter. He still faces civil suits filed by people who were on the train.

Fox News’ Chad Pergram, Judson Berger and The Associated Press contributed to this report.

Source: Fox News National

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A Florida measure that would ban sanctuary cities is set for a vote Friday in the state’s Senate after clearing its first hurdle earlier this week.

The bill would effectively make it against the law for Florida’s police departments to refuse to cooperate with federal immigration officials.

“The Governor may initiate judicial proceedings in the name of the state against such officers to enforce compliance,” a draft version of the Senate bill reads.

A House version of the bill, which passed by a 69-47 vote Wednesday, adds that non-complying officials could be suspended or removed from office and face fines of up to $5,000 per day. Republican Gov. Ron DeSantis is expected to sign off on the measure, although it’s not clear which version.

FLORIDA MAY SEND A BIG MESSAGE TO SANCTUARY CITIES

Florida Rep. Carlos Guillermo Smith (D-Orlando), during a press conference at the Florida Capitol in Tallahassee, speaks out against bills in the House and Senate that would ban sanctuary cities in the state.

Florida Rep. Carlos Guillermo Smith (D-Orlando), during a press conference at the Florida Capitol in Tallahassee, speaks out against bills in the House and Senate that would ban sanctuary cities in the state. (AP)

LAWRENCE JONES: NEEDLES, DRUG USE AND HUMAN WASTE ARE THE NEW NORMAL IN SAN FRANCISCO

Florida is home to 775,000 illegal immigrants out of 10.7 million present in the United States, ranking the state third among all states.

Nine states — Alabama, Arizona, Georgia, Iowa, North Carolina, Mississippi, Missouri, Tennessee and Texas — already have enacted state laws requiring law enforcement to comply with Immigration and Customs Enforcement.

Florida doesn’t have sanctuary cities like the ones in California and other states. But Republican lawmakers say a handful of their municipalities — including Orlando and West Palm Beach – are acting as “pseudo-sanctuary” cities, because they prevent law enforcement officials from asking about immigration status when they make arrests.

“There are still people here in the state of Florida, police chiefs that are just refusing to contact ICE, refusing to detain somebody that they know is here illegally,” Florida Republican Rep. Blaise Ingoglia said earlier this month. “So while the actual county municipality doesn’t have an actual adopted policy, they still have people in power within their sheriff’s department or police department that refuse to do it anyway.”

Florida’s Democratic Party has blasted the anti-Sanctuary measures, while the Miami-Dade Police Department says it should be up to federal authorities to handle immigration-related matters.

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“House Republicans today sold out their communities to Donald Trump and Ron DeSantis by passing this xenophobic and discriminatory bill,” the state’s Democratic Party said Wednesday after the House passed their version of the bill. “It’s abhorrent that Republican members who represent immigrant communities are now turning their backs on their constituents and jeopardizing their safety.

“Florida has long stood as a beacon for immigrant communities — and today Republicans did the best they could to destroy that reputation,” they added.

Fox News’ Elina Shirazi contributed to this report.

Source: Fox News National

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FILE PHOTO: Supporters of the Spain's far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville
FILE PHOTO: Supporters of the Spain’s far-right party VOX wave Spanish flags as they attend an electoral rally ahead of general elections in the Andalusian capital of Seville, Spain April 24, 2019. REUTERS/Marcelo del Pozo/File Photo

April 26, 2019

By John Stonestreet and Belén Carreño

MADRID (Reuters) – Spain’s Vox party, aligned to a broader far-right movement emerging across Europe, has become the focus of speculation about last minute shifts in voting intentions since official polling for Sunday’s national election ended four days ago.

No single party is anywhere near securing a majority, and chances of a deadlocked parliament and a second election are high.

Leaders of the five parties vying for a role in government get final chances to pitch for power at rallies on Friday evening, before a campaign characterized by appeals to voters’ hearts rather than wallets ends at midnight.

By tradition, the final day before a Spanish election is politics-free.

Two main prizes are still up for grabs in the home straight. One concerns which of the two rival left and right multi-party blocs gets more votes.

The other is whether Vox could challenge the mainstream conservative PP for leadership of the latter bloc, which media outlets with access to unofficial soundings taken since Monday suggest could be starting to happen.

The right’s loose three-party alliance is led by the PP, the traditional conservative party that has alternated in office with outgoing Prime Minister Pedro Sanchez’s Socialists since Spain’s return to democracy in the 1970s.

The PP stands at around 20 percent, with center-right Ciudadanos near 14 percent and Vox around 11 percent, according to a final poll of polls in daily El Pais published on Monday.

Since then, however, interest in Vox – which will become the first far-right party to sit in parliament since 1982 – has snowballed.

It was founded in 2013, part of a broader anti-establishment, far-right movement that has also spread across – among others – Italy, France and Germany.

While it is careful to distance itself from the ideology of late dictator Francisco Franco, Vox’s signature policies include repealing laws banning Franco-era symbols and on gender-based violence, and shifting power away from Spain’s regional governments.

TRENDING

According to a Google trends graphic, Vox has generated more than three times more search inquiries than any other Spanish political party in the past week.

Reasons could include a groundswell of vocal activist support at Vox rallies in Madrid and Valencia, and its exclusion from two televised debates between the main party leaders, on the grounds of it having no deputies yet in parliament.

Conservative daily La Vanguardia called its enforced absence from Monday’s and Tuesday’s debates “a gift from heaven”, while left-wing Eldiario.es suggested the PP was haemorrhaging votes to Vox in rural areas.

Ignacio Jurado, politics lecturer at the University of York, agreed the main source of additional Vox votes would be disaffected PP supporters, and called the debate ban – whose impact he said was unclear – wrong.

“This is a party polling over 10 percent and there are people interested in what it says. So we lose more than we win in not having them (in the debates),” he said

For Jose Fernandez-Albertos, political scientist at Spanish National Research Council CSIC, Vox is enjoying the novelty effect that propelled then new, left-wing arrival Podemos to 20 percent of the vote in 2015.

“While it’s unclear how to interpret the (Google) data, what we do know is that it’s better to be popular and to be a newcomer, and that Vox will benefit in some form,” he said.

For now, the chances of Vox taking a major role in government remain slim, however.

The El Pais survey put the Socialists on around 30 percent, making them the frontrunners and likely to form a leftist bloc with Podemos, back down at around 14 percent.

The unofficial soundings suggest little change in the two parties’ combined vote, or the total vote of the rightist bloc.

That makes it unlikely that either bloc will win a majority on Sunday, triggering horse-trading with smaller parties favoring Catalan independence – the single most polarizing issues during campaigning – that could easily collapse into fresh elections.

(Election graphic: https://tmsnrt.rs/2ENugtw)

(Reporting by John Stonestreet and Belen Carreno, Editing by William Maclean)

Source: OANN

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Fox News correspondent Geraldo Rivera has warned that if Democratic 2020 presidential candidates don’t take the crisis at the border seriously, they’ll do so at their own risk.

Speaking with “Fox & Friends” hosts on Friday morning, Rivera discussed the influx of candidates entering the race, including former Vice President Joe Biden, and gave an update on the newest developments at the border.

“If [Democrats] don’t take it seriously they ignore it at their peril,” Rivera said.

He went on to discuss the fact that Mexico is experiencing the same problems dealing with volumes of people at the border as the United States is. Processing facilities, as many have argued, are understaffed and underresourced, resulting in conditions that have been controversial.

TRUMP ASSESSES 2020 DEMS; TAKES SWIPES AT BIDEN, SANDERS; DISMISSES HARRIS, O’ROURKE; SAYS HE’S ROOTING FOR BUTTIGIEG 

FOX NEWS EXCLUSIVE: INTERNAL FBI TEXT MESSAGES REVEAL DOJ CONCERNS OVER ‘BIAS’ IN KEY WARRANT TO SURVEIL TRUMP AIDE

“It is very, very difficult when hundreds and hundreds become thousands and thousands ultimately become tens of it is very difficult to have an orderly system,” he said.

Rivera asserted his opinion that the United States could lessen the influx of migrants coming into the country by investing in the development of Central American countries, where many are fleeing from violence and economic instability.

“I believe, as I have said before on this program, that we have to stop the source of the migrant explosion, by a comprehensive system of political and economic reform in Central America where people have the incentive to stay home,” Rivera said.

“I think we have help Mexico with its infrastructure. Mexico has a moral burden, as the president made very clear, not to let unchecked herds of desperate people flow through 2,000 miles of Mexican territory to get our southern border.”

Rivera also brought up President Trump’s controversial comments about Mexican immigrants during his campaign in 2016.

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The Fox News correspondent said that having been so excited about Trump’s campaign, the comments made him feel “deflated” as a Hispanic American.

However, as the crisis at the border has accelerated over the last few years, Rivera argued that ultimately, the president’s comments weren’t incorrect.

“He is now in a position where he can justly say I was right, that the that the anarchy at the border doesn’t serve anybody,” Rivera said. “Maybe he said it in a language I felt was a little rough and insensitive, but there is no doubt.”

Source: Fox News Politics

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FILE PHOTO: The logo of the OPEC is seen at OPEC's headquarters in Vienna
FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries at OPEC’s headquarters in Vienna, Austria December 5, 2018. REUTERS/Leonhard Foeger/File Photo

April 26, 2019

JOINT BASE ANDREWS, Md. (Reuters) – U.S. President Donald Trump said on Friday he called the Organization of the Petroleum Exporting Countries and told the cartel to lower oil prices.

“Gasoline prices are coming down. I called up OPEC, I said you’ve got to bring them down. You’ve got to bring them down,” Trump told reporters.

(Reporting by Roberta Rampton; Writing by Makini Brice; Editing by Chizu Nomiyama)

Source: OANN

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Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy near Lyon
Sonia Bompastor, director of the Olympique Lyonnais womenÕs Youth Academy, leads a training at the OL Academy in Meyzieu near Lyon, France, April 16, 2019. REUTERS/Emmanuel Foudrot

April 26, 2019

By Julien Pretot

MEYZIEU, France (Reuters) – Olympique Lyonnais president Jean-Michel Aulas was wringing out his women’s team shirts in the locker room on a rainy London day eight years ago when he decided it was time to take gender equality more seriously.

It was halftime in their Champions League semi-final second leg against Arsenal at Meadow Park with 507 fans watching and Aulas realized that his players did not have a another kit for the second half.

“Next time, there will be a second set just like for the men, that’s how it’s going to work from now on,” he said.

Lyon have since won five Champions League titles to become the most successful women’s team in Europe and recently claimed a 13th consecutive domestic crown.

They visit Chelsea on Sunday in the second leg of their Champions League semi-final, with a fourth straight title in their sights.

At the heart of their achievements is a pervasive ethos that promotes gender equality throughout the club, starting in the youth academy.

In 2013, Aulas appointed former Lyon and France player Sonia Bompastor as head of the Women’s Academy — the female equivalent of one of France’s top youth set-ups that has produced players such as Karim Benzema, Alexandre Lacazette and Hatem Ben Arfa.

At the Youth Academy, girls and boys share the same facilities.

“Pitches, physiotherapy rooms are the same for all,” the 38-year-old Bompastor told Reuters.

As the girls train under the watch of former Lyon and France international Camille Abily, the screams of the boys practicing can be heard nearby.

The boys and girls also benefit from the same psychological support that includes hypnosis sessions and yoga.

“We have a ‘mental ability’ cell and the hypnotist acts on the girls’ subconscious, on their deeply held beliefs after observing them on and off the pitch,” Bompastor added.

SAME TREATMENT

One message the Academy staff are trying to convey is that girls are as good as boys.

“Women’s nature is such that we have low self-esteem. So self-esteem is a big topic for our girls,” said Bompastor.

This is not the case with the boys, she added.

“Some 14, 15-year-old boys still think they would beat our professional players, we tell them this would not be happening. We still need to work on those beliefs,” she said.

Female players also have to face questions that their male counterparts do not, Bompastor explained.

“In France there is a problem with the way women are considered, there are high aesthetic expectations. So we get heavy questions on femininity, intimate questions that men don’t get,” she said.

OL’s Academy has been held up as a shining example for others to follow, even in the U.S., where women’s soccer has a wider audience than in Europe.

“About one third of the (senior women’s) squad comes from the Academy, we have a good balance,” said Bompastor.

“I’m getting tons of requests from American universities and foreign clubs, who want to come and visit our facilities.”

‘ONE CLUB’

The salaries of the senior players is one area where there remains a large discrepancy between Lyon’s men’s and women’s teams.

While the three best-paid women players in the world are at Lyon with Ballon d’Or winner Ada Hegerberg earning 400,000 euros ($445,520) a year, this figure is dwarfed by the around 4 million euros earned annually by men’s player Memphis Depay.

There is, however, a level of interaction between the men’s and women’s players that is not present at many other clubs.

“When you talk about OL you talk about women and men, you talk about one club and you feel it when you are here or outside in the city,” Germany defender Carolin Simon told Reuters.

“We see it when we play in the big stadium. It’s not ‘normal’ for women’s football,” the 26-year-old, who joined the club last year, added.

Lyon’s female players also enjoy respect from their male counterparts, Simon said.

“It’s very cool, it’s a big honor to feel that it doesn’t matter if you are a professional man or woman. We talk with the men, there are handshakes, it’s a good atmosphere and it’s also why we are successful,” said Simon.

“The men respect us and it’s not just for the cameras.”

Her team mate, England’s Lucy Bronze, sees the men’s respect as key to improving women’s football.

“We might not be paid the same but they are just normal with us, they see us as footballers the same as they are,” Bronze told Reuters.

“Being at Lyon has really opened my eyes. To improve women’s football, it starts with having the respect of your male counterparts. It’s the biggest thing because they can influence so many people.”

(Reporting by Julien Pretot; Editing by Toby Davis)

Source: OANN

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