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Polish Ruling Party Slips in Opinion Polls Despite Spending Plan
Polish Ruling Party Slips in Opinion Polls Despite Spending Plan
Poland’s ruling Law & Justice party is losing support, opinion polls show, a sign that its recent proposals
2023-05-20 19:50
Nobel Foundation raises the amount for this year’s Nobel Prize awards to 11 million kronor
Nobel Foundation raises the amount for this year’s Nobel Prize awards to 11 million kronor
The Nobel Foundation has decided to raise the award amount for this year’s Nobel Prizes by 1 million kronor ($90,000) to 11 million kronor ($986,270) as the Swedish currency has plummeted recently
2023-09-15 17:28
Chelsea reveal Uefa resolution after ‘incomplete financial reporting’ under the Roman Abramovich regime
Chelsea reveal Uefa resolution after ‘incomplete financial reporting’ under the Roman Abramovich regime
Chelsea have agreed a resolution with UEFA that will see them hand over 10million euros (£8.57million) after owning up to “incomplete financial reporting” under the Roman Abramovich regime. A new ownership group led by Todd Boehly and Clearlake Capital completed their takeover of the club in May last year from Abramovich, who was sanctioned over his links to Russia president Vladimir Putin. UEFA, which has also banned Juventus from competing in the Europa Conference League this season due to financial irregularities, confirmed it was approached “proactively” by the Boehly-led consortium. They detected instances of partial financial information being submitted in historical transactions occurring between 2012 and 2019, breaching UEFA Club Licensing and Financial Fair Play regulations. A UEFA statement said: “Following its assessment, including the applicable statute of limitations, the CFCB (Club Financial Control Body) First Chamber entered into a settlement agreement with the club which has agreed to pay a financial contribution of 10million euros to fully resolve the reported matters.” The sanction represents another blow for Chelsea’s current owners after a disappointing first year at the helm, with the club’s 12th-place finish in the Premier League last term their worst since 1993-94. Chelsea have forked out around £600million in transfers since Boehly’s arrival, while former Tottenham boss Mauricio Pochettino has been tasked with turning around their on-pitch fortunes. Chelsea said in a statement the owners became aware of potential impropriety when carrying out a “thorough due diligence process” prior to the purchase and, upon completion of the takeover, they reported this to UEFA. The statement added: “In accordance with the club’s ownership group’s core principles of full compliance and transparency with its regulators, we are grateful that this case has been concluded by proactive disclosure of information to UEFA and a settlement that fully resolves the reported matters. “We wish to place on record our gratitude to UEFA for its consideration of this matter. Chelsea greatly values its relationship with UEFA and looks forward to building on that relationship in the years to come.” Juventus have also been reprimanded after a separate UEFA investigation and as well as throwing the Italian giants out of European football, they have been fined 20million euros (£17.14m). However, half of that fine has been suspended and Juventus will only have to pay if their financial records for the next three years do not comply with the accounting requirements. Juventus – who were docked 10 points last season over their past transfer dealings, effectively ending their hopes of Champions League qualification – were found to have violated the framework of a settlement agreement with UEFA in August last year. Juventus president Gianluca Ferrero said in a statement on the club’s website: “We regret the decision of the UEFA Club Financial Control Body. “We do not share the interpretation that has been given of our defence and we remain firmly convinced of the legitimacy of our actions and the validity of our arguments. “However, we have decided not to appeal this judgement. Despite this painful decision, we can now face the new season by focusing on the field and not on the courts.”
2023-07-29 05:21
Back-to-school spending set for first decline in nine years as inflation bites - report
Back-to-school spending set for first decline in nine years as inflation bites - report
By Deborah Mary Sophia Back-to-school spending is expected to fall for the first time in nine years as
2023-07-12 12:27
Iraqi officials are defending a barter deal with Iran, say it doesn't violate US sanctions on Tehran
Iraqi officials are defending a barter deal with Iran, say it doesn't violate US sanctions on Tehran
Iraqi officials are defending a deal inked this week to barter oil for gas with Iran, saying it does not violate U.S. sanctions on Tehran but will help alleviate a worsening electricity crisis in Iraq
2023-07-14 02:53
Environmentalists sue to stop Utah potash mine that produces sought-after crop fertilizer
Environmentalists sue to stop Utah potash mine that produces sought-after crop fertilizer
Environmentalists have filed a lawsuit to prevent the construction of a new potash mine they say would devastate a lake ecosystem in the drought-stricken western Utah desert
2023-08-02 06:19
Fanttik Joins SEMA Show 2023 In Las Vegas with Enthralling Automotive Inflators
Fanttik Joins SEMA Show 2023 In Las Vegas with Enthralling Automotive Inflators
HOUSTON--(BUSINESS WIRE)--Oct 23, 2023--
2023-10-23 19:28
Flood of Russian Wheat Halves World Prices From Wartime High
Flood of Russian Wheat Halves World Prices From Wartime High
Russia’s second consecutive bumper wheat harvest is reinforcing its position as the No. 1 exporter, but it’s also
2023-09-16 14:27
Kevin Costner limits estranged wife Christine Baumgartner's credit as she refuses to vacate $100M house
Kevin Costner limits estranged wife Christine Baumgartner's credit as she refuses to vacate $100M house
Christine has claimed that Costner unexpectedly canceled one of her credit cards and significantly reduced the credit limit on another
2023-06-30 14:48
Thai PM to finalise controversial digital handout plan
Thai PM to finalise controversial digital handout plan
BANGKOK Thailand's Prime Minister Srettha Thavisin will on Friday finalise details of the government's $15 billion handout policy,
2023-11-10 13:19
India Court Declines to Stay Rahul Gandhi Defamation Conviction
India Court Declines to Stay Rahul Gandhi Defamation Conviction
An Indian court refused to suspend Rahul Gandhi’s conviction in a defamation case, a setback for the opposition
2023-07-07 13:53
Tens of thousands rally against Serbia's populist leader, warn of protest 'radicalization'
Tens of thousands rally against Serbia's populist leader, warn of protest 'radicalization'
Tens of thousands of protesters formed a ring around Serbia’s government headquarters in downtown Belgrade on Friday, demanding the resignation of the country’s populist president, top security officials and the “liberation” of pro-state TV stations that they say promote violence, all in the wake of two mass shootings that stunned the nation
2023-06-10 02:59