Private consumption, which accounts for more than half of Japan’s economy, fell 0.8 percent compared with the preliminary 0.7 percent decline, as solid demand for daily necessities was offset by declines in spending on services.Net exports – or exports minus imports – subtracted 0.2 percentage point from revised GDP growth, as the coronavirus slammed global demand.Analysts are forecasting the economy will suffer an annualised contraction of more than 20 percent in April-June as Prime Minister Shinzo Abe announced a state of emergency and requested citizens to stay home and businesses to close to prevent the virus spreading.Although the emergency was lifted in late May, the economy is expected to recover only moderately in coming months due to the pandemic’s sweeping impact globally and at home.The Bank of Japan is likely to maintain this month its projection that the economy will gradually recover from the damage in the latter half of this year, sources said.The BOJ eased monetary policy for two straight months in April, joining government efforts to cushion the blow from the pandemic. The government has compiled two stimulus packages worth a combined US$2.2 trillion.Topics : The revised data confirmed Japan had slipped into recession for the first time in 4-1/2 years, after a 7.2 percent contraction in October-December, pressured by last year’s sales tax hike and the US-China trade war. Recessions are defined as two straight quarters of contraction.On quarter-on-quarter basis, the economy contracted 0.6 percent in the first quarter compared with an initial reading of a 0.9 percent decline.Business spending showed gains after the finance ministry’s survey earlier this month, which was used to calculate the revised gross domestic product, drew fewer respondents than usual. Spending is expected to falter in coming months.Capital spending rose 1.9 percent from the previous quarter, reversing from a preliminary 0.5 percent fall. Japan’s economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession.A series of recent April data including exports, factory output and jobs figures suggested Japan is facing its worst postwar slump in the current quarter as the outbreak forced people to stay at home and businesses to close globally.The world’s third-largest economy shrank an annualised 2.2 percent in January-March, revised data showed on Monday, less than the 3.4 percent contraction indicated in a preliminary reading and compared with a median market forecast of a 2.1 percent drop.
By Simon EvansMANCHESTER, England (Reuters) – FIFA president Gianni Infantino said the planned 2021 Club World Cup dates should be moved by the governing body of world soccer to make way for the postponed Euro 2020 Championship and the Copa America, which have both been pushed back a year.Infantino said in a statement yesterday that FIFA would hold a conference call today in which it should accept those changes from UEFA and CONMEBOL and decide whether the planned expanded 24-team Club World Cup should be held “later in 2021, in 2022 or in 2023”.The new tournament was the brainchild of Infantino and was scheduled to be held in China in the 2021 slot that will now feature the European and South American tournaments.Infantino will also suggest to the bureau of FIFA’s ruling council to make a donation of US$10 million to the World Health Organisation’s (WHO) COVID-19 Solidarity Response Fund and also discuss the possibility of establishing a Global Football Assistance Fund to “help members of the football community affected by this crisis”.
Facebook Twitter Google+ Published on February 20, 2018 at 10:53 pm Contact Andrew: [email protected] | @A_E_Graham When Jasmine Nwajei drives right, she knows exactly what move she’s going to employ.The redshirt senior puts her body between the defender and the ball, and as she prepares to launch, slightly bumps the defender with her left shoulder to create separation and potentially draw a foul.Nwajei’s signature move, coupled with intense defensive effort off the bench, have carved her niche in Syracuse’s (20-7, 8-6 Atlantic Coast) rotation this season. After leading the country in points per game at Wagner two years ago, Nwajei moved on to Syracuse for a chance to grow, and has learned how to contribute despite a reduced role.“Every time she comes in,” point guard Tiana Mangakahia said, “she changes the tempo of the game.”At Wagner, Nwajei was the star, scoring 30 or more points 15 times her junior season, her last with the Seahawks. She finished the 2015-16 season averaging 29.0 points per game, the top mark in all of women’s Division I basketball.AdvertisementThis is placeholder textNwajei went to Wagner to play for head coach Lisa Cermignano, she said. Early on in her career for WU, things went well for Nwajei, but she felt the pressure of being the top scorer.Scoring in bunches was what Nwajei needed to do at Wagner, she said, because the confidence in her teammates finishing plays wasn’t there. If her team needed a bucket, she would go get it. This season at Syracuse, that pressure hasn’t been there.In games and in practice, Nwajei said, she feels more comfortable giving up the ball, and trusts her teammates to finish plays more than ever.“Me passing to someone and them scoring is the same feeling I get when I score,” Nwajei said.Just passing the ball in the first place has been a tough transformation for Nwajei.Coming to Syracuse, she was expecting a similar role to what she had at Wagner, she said. As someone who views herself as a versatile offensive threat, she was frustrated to be relegated to the bench after being the go-to option at WU.Still, though, after a transfer and sitting out a year, Nwajei accepted that she would need to adapt.“It came with time, really,” Nwajei said. “Maturity, growth. Got to understand that this is your situation and you’ve got to make do.”Kevin Camelo | Digital Design EditorThat adjustment meant finding ways to maximize her production in significantly fewer minutes. In her final season at Wagner, Nwajei averaged 36.6 minutes a game. At Syracuse, she’s clocking in 9.1 a night with two games left in the season.In playing more than 27 fewer minutes each game, Nwajei needs to make her shots count, and she’s currently shooting 42.4 percent from the field, fourth best of any SU rotation player this season.Part of the way she’s been particularly efficient is using her drive-and-bump move. By using her body to protect the ball, she almost always gets the shot up. More importantly, by initiating contact while the defender’s feet are still moving, she puts herself in a situation with more positive than negative outcomes.“I’m going to get a foul or I’m going to get an and-1,” Nwajei said.Although the stat sheet may not reflect it as much, Nwajei is a tenacious defender, her teammates said. She brings athleticism and length to the 2-3 zone, and always plays with energy. Nwajei’s play style lends itself to clogging passing lanes, closing out shooters and keeping the ball in front of her. It hasn’t always translated to the stat sheet, but at Wake Forest on Feb. 11, it did.Nwajei played 15 minutes, scored eight points, swiped four steals and grabbed five rebounds, and according to her teammates, helped turn around a game SU was losing on the road.“She’s definitely great coming off the bench,” freshman Amaya Finklea-Guity said, “and really bringing us up and really bringing that energy, really bringing that fire that we need.”Coming to SU, Nwajei thought things would be similar to what they were at Wagner. They’re not. Still, she’s evolving her game, learning to make the most of the minutes she’s playing, but always remembering how she got to SU in the first place.“You have to adapt,” Nwajei said. “That’s just the way of life.” Comments
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The Catalans’ punishment has been suspended until a final decision on their appeal against the ban has been takenFifa has announced that Barcelona will be able to sign players in the summer transfer window after all, as they decided to suspend the Camp Nou side’s transfer ban following their appeal against the punishment.The Catalans were initially banned from signing players for the next two transfer windows for breaches relating to the international transfer and registration of players under the age of 18, but their suspension has now been put on hold until a final decision on their appeal has been taken.”The club Barcelona have lodged an appeal before the Fifa Appeal Committee against the decision of the Fifa Disciplinary Committee that sanctioned the club for breaches relating to the international transfer and registration of players under the age of 18. Together with the appeal, the club requested that its appeal be granted suspensive effect,” an official statement reads.”In this respect, the chairman of the Fifa Appeal Committee, Larry Mussenden, took into consideration the sanctions imposed against the club, the complexity of the matter, the start date of the next registration period – 1 July 2014 – and the fact that the Fifa Appeal Committee does not seem in a position to take a decision on the main issue early enough so that an eventual appeal of the club against its decision before the Court of Arbitration for Sport would still be decided before the beginning of the next registration period. “Consequently, the chairman of the Fifa Appeal Committee considered that the appeal lodged by the club is to be granted suspensive effect. “In view of the foregoing, the chairman of the Fifa Appeal Committee assures that proper and adequate appeal proceedings will take place and, at the same time, that all rights of the club will be respected.” World football governing body’s decision to suspend Barcelona’s transfer ban means the already confirmed transfer of Alen Halilovic from Dinamo Zagreb is back on, while it now also seems to be a matter of time before they complete the signing of Borussia Monchengladbach goalkeeper Marc-Andre ter Stegen.