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Lobov makes bare-knuckle debut as combat sports go mainstream

Former UFC fighter Artem Lobov poses for a photograph ahead of his debut for the Bare Knuckle Fighting Championship in Biloxi
Former UFC fighter Artem Lobov poses for a photograph ahead of his debut for the Bare Knuckle Fighting Championship in Biloxi, Mississippi, U.S. April 3, 2019. REUTERS/Jonathan Bachman

April 5, 2019

By Philip O’Connor

(Reuters) – Former Ultimate Fighting Championship (UFC) featherweight Artem Lobov, a long-time friend and team mate of Conor McGregor, is set to make a lucrative debut in bare-knuckle boxing as combat sports bid to gain more mainstream acceptance.

Nicknamed the “Russian Hammer”, Lobov told Reuters he had accepted a big payday from the Bare Knuckle Fighting Championship to fight another UFC veteran, Jason Knight, on a pay-per-view card in Biloxi, Mississippi on Saturday.

“I’d be lying if I didn’t tell you that money was a big factor in signing for Bare Knuckle – we’re prize fighters, and our success is measured by the size of our purse,” he said during a stopover in New York.

Long considered the only realistic professional alternative outside of boxing for combat sports athletes, the UFC is now competing with other mixed martial arts and grappling promotions.

European and Asian promotions are attracting sellout crowds, and the Bellator organization recently signed a large number of British and Irish prospects to try to make inroads in Europe.

They were also on the trail of Lobov when he was released from the UFC in January.

“They made a very nice offer, a lot more than I was getting in the UFC, but it did not match the offer that Bare Knuckle made. With Bare Knuckle, I can also accept other offers as long as it doesn’t interfere with their schedule, so it’s a win-win for me,” the 32-year-old said.

“I get to go in, fight bare-knuckle, make a lot of money, hopefully build a better name for myself and then see what else is out there.”

FRONT FOOT

Though he has a losing professional record of 14 wins and 15 losses, Lobov is hugely popular with fans due to his fearless style of fighting off his front foot and his toughness, with 12 of his MMA losses coming by decision.

Lobov brushes aside the suggestion that bare-knuckle boxing is more primitive than MMA.

“It might seem that way, but getting hit with a bare knuckle is not as raw as getting hit with a bare knee, or getting kicked with a shin to your head, which I have been a few times,” he said. “In that sense, it’s nothing.

“I truly, truly love fighting, so that’s not an issue for me. It’s like saying to a swimmer, ‘Do you mind getting wet?’ Of course not, he’s a swimmer,” he said.

Lobov credits Irishman McGregor, the former UFC featherweight and lightweight champion, with bringing combat sports into the mainstream in the U.S. and enabling him and many others to make a living as fighters.

“In many ways it is thanks to Conor, for sure, and it’s definitely a lot better than before, but the best times are still ahead of us,” Lobov said.

“Ten years ago I fought a top-10 European fighter on four days’ notice for 400 pounds, and to go from that to where I am now, earning six figures for a fight? Certainly, I see the improvements in the sport.”

Though delighted to have a chance to test his boxing without the threat of kicks or takedowns, Lobov will be back in the MMA cage soon.

“I always seek the biggest challenge and MMA is the biggest challenge. I’m still grappling, I’m still wrestling and doing everything,” he said.

“I want to improve and to achieve many, many things in MMA, boxing and bare-knuckle boxing.”

(Reporting by Philip O’Connor, editing by Ed Osmond)

Source: OANN

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Game of thrones: Board battle at toilet maker Lixil a test for Japan Inc

FILE PHOTO: Logo of Lixil Group Corp at the company headquarters in Tokyo
FILE PHOTO: The logo of Lixil Group Corp. is displayed at the company headquarters in Tokyo September 26, 2013. REUTERS/Issei Kato/File Photo

April 23, 2019

By Junko Fujita

TOKYO (Reuters) – A simmering boardroom battle at toilet maker Lixil Group has emerged as a test case for whether minority shareholders can improve corporate governance in Japan, the man at the center of the tussle told Reuters.

Kinya Seto, whose abrupt resignation as Lixil’s CEO in 2018 prompted a revolt by minority shareholders, said the company is controlled by an old guard of management “kingmakers” who prioritize their interests over shareholders’.

“In Japan even fairly big companies have these kingmakers who are in power for a decade or two and even the chief executive can’t oppose them,” Seto said.

“Their opinions do not necessarily represent shareholders’ opinions. Companies may prioritize kingmakers’ opinions and as a result Japanese companies do not function properly.”

The current CEO and chairman of Lixil’s board, Yoichiro Ushioda, hails from one of the company’s founding families. His prompt appointment after Seto’s departure had raised concerns about corporate governance and led to calls for him to resign.

Ushioda bowed to investor pressure and said last week he would step down in May – but not before publicly putting the blame on Seto for Lixil’s bleak financial performance.

Activist investors have been gaining momentum in Japan and have complained about what they see as poor performance as well as returns from cash-hoarding firms, with Prime Minister Shinzo Abe advocating strengthening corporate governance.

But companies are often able to ignore minority investors given the longstanding practice of cross-shareholding, where firms hold stakes in each other to cement business ties.

“If the governance of Japanese companies changes, then corporate management will improve,” said Seto, who remains a director at Lixil and is seeking to take back the CEO post.

He and another director have said they will propose a new slate of board members.

“I need to win. If I fail, that becomes a bad example of Japanese corporate governance,” Seto told Reuters this week.

KINGMAKER

Lixil was created in 2011 through a merger of five Japanese building materials and housing firms, including Tostem and Inax. It is well known in Japan for its high-tech, luxury toilets, while its overseas brands include American Standard and Grohe.

It has been roiled by the boardroom drama, which has been unusually fractious by the standards of corporate Japan, since Seto’s resignation in October.

According to a report from a group of independent lawyers commissioned by Lixil, Ushioda last year “engaged in behavior giving the false impression that Mr Seto had a concrete and clear intention to resign as CEO”.

The February report also cites a company director as saying: “No one could object to Mr. Ushioda, a member of a founding family, saying he will become CEO”.

Ushioda, when announcing his resignation, said he was doing so to take responsibility for previously appointing Seto.

“The appointment of Seto as CEO was my biggest mistake,” Ushioda told a news conference, saying Seto was responsible for the loss at Lixil’s Italian subsidiary, which forced the company to warn of a full-year net loss.

Seto, in turn, has accused Ushioda of being a “kingmaker” who wields power from the sidelines of companies and ultimately damages them. Ushioda’s willingness to stay on as adviser points to his desire to hold sway over the company, Seto added.

A Lixil spokesman, however, pointed out that Ushioda had said he would resign from the board and management.

“Lixil has been and will try to strengthen corporate governance in order to boost corporate value sustainably.”

(Reporting by Junko Fujita; Editing by David Dolan and Himani Sarkar)

Source: OANN

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Oakland teachers get ready to strike for pay, class sizes

Teachers in Oakland, California, are getting ready to walk off the job Thursday in the latest strike nationwide over classroom conditions and pay.

The union representing 3,000 teachers said in a statement Wednesday that educators planned to say goodbye to students, "barring an unlikely change from the district."

The walkout would affect 36,000 students at 86 schools, which the district says will remain open with substitute teachers and non-union employees.

Teachers are seeking smaller class sizes, more counselors and full-time nurses, and a 12 percent raise retroactive from 2017 to 2020.

The district has offered a 5 percent raise, saying it's squeezed by rising costs and a budget crisis.

Other recent strikes in Denver and West Virginia also have built on a wave of teacher activism that began last spring.

Source: Fox News National

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German journalist released in Venezuela headed home

Germany's foreign ministry says a German freelance journalist freed in Venezuela months after he was jailed as a suspected spy is on his way home.

A Caracas court ordered the conditional release of Billy Six on Friday. Six was ordered to report to the court every 15 days and not to speak to media. He wasn't deported, but was allowed to leave Venezuela if he chose. German authorities said Sunday he flew out of the Caracas airport, but didn't give further details.

Six had been charged with espionage, accusations his relatives rejected as trumped-up.

His release followed the arrest and deportation earlier this month of U.S. freelance journalist Cody Weddle. Univision's Jorge Ramos was also deported with his team in late February after President Nicolas Maduro abruptly ended an interview.

Source: Fox News World

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World economy, Brexit delay boost German investor morale

General view inside of shopping mall 'Pasing Arcaden' in Munich
FILE PHOTO: General view inside of shopping mall 'Pasing Arcaden' in Munich, Germany August 18, 2016. REUTERS/Michaela Rehle

April 16, 2019

BERLIN (Reuters) – German investor morale improved for the sixth month in a row due to a resilient global economy and a delay to Britain’s departure from the EU, a survey showed on Tuesday, but the growth outlook for Europe’s largest economy remains clouded by external risks.

The German government is expected to slash its 2019 growth forecast later this week as exporters struggle with weaker demand from abroad, trade tensions triggered by U.S. President Donald Trump’s “America First” policies and Brexit uncertainty.

ZEW President Achim Wambach said the slight improvement in economic sentiment was largely based on the hope that the global economy would develop less poorly than previously assumed.

“The postponement of the Brexit deadline may also have contributed to buoy the economic outlook,” Wambach said.

The ZEW research institute said its monthly survey showed economic sentiment among investors improved to 3.1 from -3.6 in March. Economists had expected a smaller increase to 0.8.

A separate gauge measuring investors’ assessment of the economy’s current conditions fell to 5.5 from 11.0 in the previous month. Markets had predicted a dip to 8.0.

Recent German data has painted a mixed picture of the economy. Industrial orders tumbled and manufacturing output stagnated in February while construction boomed and retail sales rose more than expected in the same month.

Chancellor Angela Merkel’s government will update its growth forecasts for this year and next on Wednesday.

A government source told Reuters on Friday that Economy Minister Peter Altmaier will halve the estimate for 2019 to 0.5 percent, lower than a recent estimate of 0.8 percent by Germany’s leading economic institutes. The government’s last forecast in January was for 1 percent growth in 2019.

Bundesbank President Jens Weidmann and Finance Minister Olaf Scholz both said at the sidelines of the International Monetary Fund and World Bank spring meetings in Washington last Friday that they expected the economy to rebound after its soft patch.

(Reporting by Michael Nienaber, editing by Ed Osmond)

Source: OANN

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Mexico’s lower house passes measure to cut short presidential term

Mexico's President Andres Manuel Lopez Obrador speaks to the media during a news conference to announce a plan to strengthen finances of state oil firm Pemex, at the National Palace in Mexico City
Mexico's President Andres Manuel Lopez Obrador speaks to the media during a news conference to announce a plan to strengthen finances of state oil firm Pemex, at the National Palace in Mexico City, Mexico February 15, 2019. REUTERS/Henry Romero

March 15, 2019

MEXICO CITY (Reuters) – Mexico’s Lower House on Thursday approved a constitutional reform that would allow for referendums to cut short the six-year presidential term, a move opposition lawmakers say opens the door to allowing re-election to the nation’s highest office.

President Andres Manuel Lopez Obrador, who took office on Dec. 1, said during the campaign that he would hold a referendum on his performance at the middle of his term and would cut it short if he loses the consultation.

Lopez Obrador’s MORENA party and its allies hold majorities in both chambers of Congress. The constitutional reform received the required support of two thirds of lawmakers in the Lower House. It now goes to the Senate for discussion and a vote.

“These changes will allow the Executive (branch) an intense political campaign in a shameless way in 2021 just when this chamber and 13 governorships are renewed,” said opposition lawmaker Xavier Azuara, from the PAN party.

It is a “path to re-election,” Azuara said.

Recent polls have shown Lopez Obrador has the support of almost four out of every five voters.

The constitutional reform also makes it easier to hold popular referendums, which Lopez Obrador has used to put infrastructure projects and other social programs to a vote by citizens.

That practice has riled markets since the leftist party swept to power last year.

In October, Lopez Obrador pulled the plug on a part-built, $13 billion new airport for the capital after citizens voted down the project.

Only about 1 percent of the Mexican electorate participated in the referendum, and critics slammed the process as unfair. Mexico’s stock exchange and peso tumbled after the decision was announced.

(Reporting by Anthony Esposito and Adriana Barrera; Writing by Julia Love & Anthony Esposito; Editing by Michael Perry)

Source: OANN

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Worse Than Ebola: Fungal Super Bug Has Already Spread Across America

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FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture
FILE PHOTO: Small toy figures are seen in front of a displayed Huawei and 5G network logo in this illustration picture, March 30, 2019. REUTERS/Dado Ruvic

April 26, 2019

By Charlotte Greenfield

WELLINGTON (Reuters) – China’s Huawei Technologies said Britain’s decision to allow the firm a restricted role in building parts of its next-generation telecoms network was the kind of solution it was hoping for in New Zealand, where it has been blocked from 5G plans.

Britain will ban Huawei from all core parts of 5G network but give it some access to non-core parts, sources have told Reuters, as it seeks a middle way in a bitter U.S.-China dispute stemming from American allegations that Huawei’s equipment could be used by Beijing for espionage.

Washington has also urged its allies to ban Huawei from building 5G networks, even as the Chinese company, the world’s top producer of telecoms equipment, has repeatedly said the spying concerns are unfounded.

In New Zealand, a member of the Five Eyes intelligence sharing network that includes the United States, the Government Communications Security Bureau (GCSB) in November turned down an initial request from local telecommunication firm Spark to include Huawei equipment in its 5G network, but later gave the operator options to mitigate national security concerns.

“The proposed solution in the UK to restrict Huawei from bidding for the core is exactly the type of solution we have been looking at in New Zealand,” Andrew Bowater, deputy CEO of Huawei’s New Zealand arm, said in an emailed statement.

Spark said it has noted the developments in Britain and would raise it with the GCSB.

The reports “suggest the UK is following other European jurisdictions in taking a considered and balanced approach to managing supplier-related security risks in 5G”, Andrew Pirie, Spark’s corporate relations lead, said in an email.

“Our discussions with the GCSB are ongoing and we expect that the UK developments will be a further item of discussion between us,” Pirie added.

New Zealand’s minister for intelligence services, Andrew Little, did not immediately respond to a request for comment.

British culture minister Jeremy Wright said on Thursday that he would report to parliament the conclusions of a government review of the 5G supply chain once they had been taken.

He added that the disclosure of confidential discussions on the role of Huawei was “unacceptable” and that he could not rule out a criminal investigation into the leak.

The decisions by Britain and Germany to use Huawei gear in non-core parts of 5G network makes it harder to prove Huawei should be kept out of New Zealand telecommunication networks, said Syed Faraz Hasan, an expert in communication engineering and networks at New Zealand’s Massey University

He pointed out Huawei gear was already part of the non-core 4G networks that 5G infrastructure would be built on.

“Unless there is a convincing argument against the Huawei devices … it is difficult to keep them away,” Hasan said.

(Reporting by Charlotte Greenfield; Editing by Himani Sarkar)

Source: OANN

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FILE PHOTO: The logo commodities trader Glencore is pictured in Baar
FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, July 18, 2017. REUTERS/Arnd Wiegmann

April 26, 2019

(Reuters) – Glencore shares plunged the most in nearly four months on Friday after news overnight that U.S. regulators were investigating whether the miner broke some rules through “corrupt practices”.

Shares of the FTSE 100 company fell as much as 4.2 percent in early deals, and were down 3.5 percent at 310.25 pence by 0728 GMT.

On Thursday, Glencore said the U.S. Commodity Futures Trading Commission is investigating whether the company and its units have violated some provisions of the Commodity ExchangeAct and/or CFTC Regulations.

(Reporting by Muvija M in Bengaluru)

Source: OANN

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Well, Joe Biden didn’t exactly clear the field.

I don’t think it matters much that Biden waited until yesterday to become the 20th Democrat vying for the nomination, even though it exposed him to weeks of attacks while he seemed to be dithering on the sidelines.

A much greater warning sign, in my view, is the largely negative tone surrounding his debut. He is, after all, a former vice president, highly praised by Barack Obama, who has consistently led in the early primary polls, and beating President Trump in head-to-head matchups. Yet much of the press is acting like he’s an old codger and it’s just a matter of time before he keels over politically.

This is all the more remarkable in light of the fact that the vast majority of journalists and pundits know and like Joe Biden and his gregarious personality.

The reason is that Biden, after a half-century in politics, lacks excitement, and the press is magnetically attracted to novel and unorthodox types like Beto and Mayor Pete. You don’t see Biden on the cover of Vanity Fair, and a grind-it-out win by a conventional warrior doesn’t set journalistic hearts racing.

JOE BIDEN ANNOUNCES 2020 PRESIDENTIAL BID: 3 THINGS TO KNOW ABOUT THE FORMER VICE PRESIDENT

For many in the media, Biden isn’t liberal enough, at least not for the post-Obama era. He doesn’t promise free college and free health care and has a history of working with Republicans, such as John McCain (whose daughter Meghan loves him, and Biden will hit “The View” today.)

What’s more, Biden’s campaign style — speak at rallies, rack up union endorsements — seems hopelessly old-fashioned when we measure popularity by Instagram followers. News outlets are predicting he’ll have trouble getting in the online fundraising game, leaving him reliant on big donors, which used to be standard practice.

And then there’s the age thing. Biden would be the oldest president to be inaugurated, at 78, and he looked a step slow in encounters with reporters yesterday and a few weeks ago.

But what if the journalists are in something of a Twitter bubble, and the actual Democratic Party is much more moderate? We saw that with the spate of allegations by women of unwanted touching, which dominated news coverage until polls showed that most Dem voters weren’t concerned. In that wider world, the Scranton guy’s connection to white, working-class voters could help him against Trump in the industrial Midwest.

SUBSCRIBE TO HOWIE’S MEDIA BUZZMETER PODCAST, A RIFF OF THE DAY’S HOTTEST STORIES

Biden denounced the president’s term as an “aberrant moment” in his launch video, saying four more years would damage the country’s character and “I cannot stand by and watch that happen.”

But first, he’d have to win the nomination in the face of an unenthusiastic press corps.

A New York Times news story said Biden would be “marshaling his experience and global stature in a bid to lead a party increasingly defined by a younger generation that might be skeptical of his age and ideological moderation.”

The Washington Post quoted Democratic strategists as saying that Biden faces an “uphill battle” and “isn’t necessarily the heir apparent to Obama, despite being his No. 2 in the White House for eight years. They argue voters will judge Biden by the span of his decades-long career and are worried the veteran pol hasn’t yet found a winning formula for his own candidacy.”

The liberal Slate said the ex-veep’s rivals view him as a “paper tiger”:

“Biden is something more like a 2016 Jeb Bush: a weak establishment favorite whose time might be past … Biden’s biggest challenge in the primary will be a compromised past spanning nearly 50 years.”

“Compromised” suggests a history of scandal, yet what Slate means is political baggage, such as his backing of a Clinton-era crime bill unpopular with black voters today. Yet I think the rank and file isn’t as concerned about a vote back in 1994, or even the Anita Hill hearings, as the chattering classes.

BIDEN’S SENATE RECORD, ADVOCACY OF 1994 CRIME BILL WILL BE USED AGAINST HIM, EX-SANDERS STAFFER SAYS

One of the few left-leaning pundits to suggest the press is underestimating Biden is data guru Nate Silver at 538:

“Media coverage could nonetheless be a problem for Biden. Within the mainstream media, the story of Biden winning the nomination will be seen as boring and anticlimactic. That tends not to lead to favorable coverage. Meanwhile, some left-aligned media outlets may prefer candidates who are some combination of more leftist, more wonkish, more reflective of the party’s diversity, and more adept on social media.

“If Biden is framed as being out of touch with today’s Democratic Party and that narrative is repeated across a variety of outlets, it could begin to resonate with voters who don’t buy it initially. If he’s seen as a gaffe-prone candidate, then minor missteps on the campaign trail could be blown up into big fumbles.”

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Look, it’s entirely possible that Biden could stumble, get lapped in fundraising and just be outclassed by younger and savvier rivals. He was hardly a great candidate in 1987 and in 2008.

But if the former vice president finds his footing and the field narrows, the press will be forced to change its tune, and we’ll see a spate of stories about how Joe Biden has “grown.”

Source: Fox News Politics

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South Africa's 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston
South Africa’s 400m Olympic gold medallist and world record holder Wayde van Niekerk looks on as he attends South African Championships in Germiston, South Africa, April 25, 2019. REUTERS/Siphiwe Sibeko

April 26, 2019

GERMISTON, South Africa (Reuters) – Olympic 400 meters champion Wayde van Niekerk has backed South African compatriot Caster Semenya in her battle with the International Association of Athletics Federations (IAAF), which now appears to have taken a new twist.

Semenya, a double 800 meters Olympic gold medalist, is waiting for the outcome of her appeal to the Court of Arbitration for Sport (CAS) to halt the introduction of new regulations by governing body IAAF that would require her to take medicine to limit her natural levels of testosterone.

The IAAF wants female athletes with differences of sexual development who run in events from 400 meters to a mile, to reduce their blood testosterone level to below five (5) nmol/L for a period of six months before they can compete, saying they have an unfair advantage.

“She’s fighting for something beyond just track and field, she’s fighting for woman in sports, in society and I respect her for that,” Van Niekerk told reporters.

“I will support her and with the hard work and talent that she’s been putting into the sport. With what she believes in and what she’s dreaming for, I’ve got a lot of respect for her.

“I really hope and pray that everything just goes from strength to strength for her.”

Semenya has sprung a surprise at the on-going South African Athletics Championships though, ditching the 800 meters and instead competing over 1,500 and 5,000-metres – the latter one would not require her to medically lower her testosterone level.

She stormed to victory in the 5,000-metres final in a modest time of 16:05.97, but looked to have lots left in the tank as she passed the finish line.

Semenya beat fellow Olympian and defending national 5,000m champion Dominique Scott in Thursday’s final but the latter admitted she is unsure whether the 800m specialist could be a serious Olympic contender over the longer distance.

“Honestly‚ I have no idea‚” Scott said. “Before today I probably would have said no. It’s hard to compare a 5,000 at altitude to a 5,000 at sea level.

“But I think she’s an amazing runner and I don’t think there’s any limit or ceiling on what she can do.”

Van Niekerk, the 400m world record holder, had to abort his comeback from a knee injury, that had sidelined him for 18 months, following a combination of cold weather and a wet track.

“We are trying to take the correct decisions now early in the year so as not to put myself in any harm,” he said.

“It was a bit chilly this entire week prepping and coming through here as well it was quite cold and it caused bit of tightness in my leg. We decided to not risk it.

“My recovery is going well and I would like to be back in competition this year, but will only do so if I can deliver a good performance.

“I am a competitor and respect my opponents, so I need to be at my best when I return.”

(Reporting by Nick Said, additional reporting by Siyabonga Sishi; editing by Sudipto Ganguly)

Source: OANN

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The suspected leader of the Easter Sunday bombings in Sri Lanka died in the Shangri-La hotel, one of six hotels and churches targeted in the attacks that killed at least 250 people, authorities said.

Police said Mohamed Zahran, leader of the National Towheed Jamaat militant group, had been killed in one of the bombings. The group’s second in command was also arrested, police said.

Zahran amassed an online following for his hate-filled sermons. Some were delivered before a banner depicting the Twin Towers.

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people. 

Sri Lankan authorities said Friday that Islamic cleric Mohammed Zahran died in the blast at the Shangri-La hotel during the Easter Sunday atatcks that killed at least 250 people.  (YouTube)

Australian Prime Minister Scott Morrison said Friday that the attackers responsible for the bombings were supported by the Islamic State group. Around 140 people in Sri Lanka had connections to ISIS, Sri Lankan President Maithripala Sirisena said.

“We will completely control this and create a free and peaceful environment for people to live,” he said.

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Investigators determined the attackers received military training from someone called “Army Mohideen.” They also received weapons training overseas and at some locations in Sri Lanka, according to authorities.

A copper factory operator arrested in connection with the bombings helped Mohideen make improvised explosive devices, police said. The bombings have led to increased security throughout the island nation as authorities warned of another attack.

Source: Fox News World

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