Anonymous ID: 01ce50 March 1, 2020, 2:37 p.m. No.8294599   🗄️.is đź”—kun   >>4658 >>4719 >>5030 >>5133

March tournament to be held behind closed doors due to virus

 

The Spring Grand Sumo Tournament, set to open next weekend, will be held behind closed doors for the first time in history due to the ongoing coronavirus crisis, the sport's governing body said Sunday. The Japan Sumo Association's board of directors made the decision in an extraordinary session in Osaka. Having already ruled out the possibility of staging the 15-day meet under normal conditions, the JSA weighed whether to hold the event at Edion Arena Osaka behind closed doors or call it off completely.

 

While grand sumo tournaments have been canceled twice in the past, JSA Chairman Hakkaku said the directors agreed to go forward for the fans – even if people would not be able to attend.

 

"To those many who were looking forward to this, we are sorry for this huge inconvenience," Hakkaku said. "There were various viewpoints, but there was an absolute desire to hold it for the sake of the fans."

 

"It's going to be very hard for the wrestlers, but they will need to maintain strong wills."

 

When the tournament opens, the spotlight is set to fall on sekiwake Asanoyama. A good performance in Osaka could earn him promotion to ozeki, the sport's second-highest rank.

 

"Because there will be no fans, I can't picture it in my head," he said. "But because I believe people will be cheering me on from in front of their TVs, I have to go forward with confidence."

 

The meet will be televised on Japanese public broadcaster NHK, but the tournament will be canceled if a wrestler is found to have contracted the virus, according to Hakkaku.

 

The move came after the Japanese government's request on Wednesday to operators of sports and entertainment venues to consider canceling or postponing mass gatherings to help prevent the spread of the new coronavirus.

 

Sumo's grand tournaments are held every two months. Due to the difficulty of finding a venue and a schedule suitable for all of those involved, the JSA had said it was impossible to postpone the spring tournament, the second meet of this year.

https://mainichi.jp/english/articles/20200301/p2g/00m/0sp/043000c

Anonymous ID: 01ce50 March 1, 2020, 2:41 p.m. No.8294627   🗄️.is đź”—kun

>>8294614

>>8294383 d'oh

notables, not endorsements.

>>8294429, >>8294442 New England Journal of Medicine: Scientific Study Reports NO CASES of Coronavirus in Children Under Age 15- gateway pundir

>>8294431, >>8294551 pf report(s)

>>8294581 meme farmer update

>>8294589 U.S. Indo-Pacific Command twat:@PACAF 17th Special Operations Squadron pays tribute to the 23 lives lost during the Special Warfare Exercise #SPECWAREX of 1981

>>8294590, >>8294519 Boat fag update

>>8294609 the wayback machine: Presidential debate Reagan Carter-1980 vid

Anonymous ID: 01ce50 March 1, 2020, 3:02 p.m. No.8294778   🗄️.is đź”—kun   >>4806

>>8294650

 

Elliott Management Corporation

 

American investment management firm. It is also one of the largest activist funds in the world.

 

It is the management affiliate of American hedge funds flagship Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009 "more than one-third of Elliott’s portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." Elliott has widely been described as a vulture fund.

 

Paul Singer

 

Paul Elliott Singer (born August 22, 1944) is an American billionaire hedge fund manager, activist investor, and philanthropist, with a net worth of $3.5 billion according to Forbes.[2][3][4][5][6] He has been called a vulture capitalist because his hedge fund, Elliott Management Corporation (EMC), specializes in distressed debt acquisitions.[7]:301[8] Singer is also the founder and CEO of NML Capital Limited, a Cayman Islands company.

 

Singer's philanthropic activities include financial support for LGBTQ rights. He has provided funding to the Manhattan Institute for Policy Research, is a strong opponent of raising taxes for the wealthiest 1% of taxpayers and opposes aspects of the Dodd-Frank Act. Singer is active in Republican Party politics and Singer and others affiliated with Elliott Management are collectively "the top source of contributions" to the National Republican Senatorial Committee.

 

Fortune magazine described Singer as one of the "smartest and toughest money managers" in the hedge fund industry. A number of sources have branded him a "vulture capitalist", largely on account of his role at EMC, which has been called a vulture fund. He has been criticized for ruining the town of Sidney, Nebraska by forcing Cabela's to close. The Independent has described him as "a pioneer in the business of buying up sovereign bonds on the cheap, and then going after countries for unpaid debts." In 1996 Singer began using the strategy of purchasing sovereign debt from nations in or near default—such as Argentina, and Peru—through his NML Capital Limited and Republic of the Congo through Kensington International Inc. Singer's practice of purchasing distressed debt from companies and sovereign states and pursuing full payment through the courts has led to criticism. Singer and EMC defend their model as "a fight against charlatans who refuse to play by the market's rules", and supporters of the practice have said it "help[s] keep kleptocratic governments in check."

https://en.wikipedia.org/wiki/Paul_Singer_(businessman)

 

Paul E. Singer Foundation

 

The Foundation’s work to date has focused on supporting free-market and pro-growth economic policies, the rule of law, intellectual diversity on campuses, U.S. national security, individual freedom, the future of Israel and the Jewish people, as well as LGBT equality efforts and health-care delivery innovation.

 

The Foundation takes a targeted, results-oriented approach to philanthropy, seeking measurable outcomes of its work in the medium to long term.

 

Whenever possible, The Foundation seeks to leverage its own philanthropic investments by partnering with proven non-profits and like-minded donors.

 

The Foundation team works proactively and conscientiously to identify potential grantees, and is not accepting unsolicited proposals for funding at this time.

>https://thepesfoundation.org/the-foundation/

 

https://www.holdingschannel.com/all/stocks-held-by-elliott-management-corp/

Anonymous ID: 01ce50 March 1, 2020, 3:23 p.m. No.8294930   🗄️.is đź”—kun   >>5030 >>5133

U.S. bank lobby economist predicts global rate cut coming … this Wednesday

 

WASHINGTON (Reuters) - Investors battered by the breathtaking drop in global stock markets on coronavirus fears are ever more convinced the world’s big central banks, including the Federal Reserve, will soon step in to try to quell the storm.

 

Against that, the top economist for the U.S. bank lobby - a former Fed insider - issued a remarkably specific prediction on Sunday that the rescue is nigh.

 

In a blog titled "Don't keep your powder dry" here, Bill Nelson, chief economist at the Bank Policy Institute who worked on the Fed's responses to the 2007-2008 financial crisis, predicted:** A coordinated global interest rate cut by the top central banks, such as the one executed at the height of the crisis in October 2008 by the Fed and five other central banks. They will possibly include in this action the People's Bank of China and the Hong Kong Monetary Authority, the two banks whose economies have so far suffered most from the outbreak.

 

** It will happen this Wednesday, March 4. Nelson noted that the previous big coordinated actions in December 2007, October 2008 and November 2011 all occurred on a Wednesday.

 

** It will happen before the U.S. stock market opens, either 7 a.m. or 8 a.m. ET (1200 or 1300 GMT).

 

** It will be big: half a percentage point at least. The Fed’s current benchmark lending rate is set in a range of 1.50-1.75%, and rate futures markets are pricing in a cut of at least a quarter percentage point at the Fed’s next scheduled meeting March 17-18. “The only way to get a positive market reaction is to deliver more than expected,” he wrote.

 

** It will include “forward guidance” - a central bank term for some form of pledge regarding future policy action. Nelson said he would not be surprised to see something aimed at preventing a further erosion of inflation, something the Fed and other central banks have been battling for most of the past decade. His suggestion: The Fed pledges not to raise rates or take other policy tightening actions until its preferred measure of inflation is above its formal target of 2% for six months. Alongside his predictions for a globally coordinated move - something many investors and economists worry could well fall short of what's needed because of depleted tool kits at the world's big central banks - Nelson in a related post here said the Fed could loosen a number of requirements and other regulations on U.S. banks to help keep credit moving.

 

Regarding the rate cut, however, Nelson does offer one big caveat: “If markets are calm Monday and Tuesday, I’m not sure what will happen.”

https://www.reuters.com/article/us-china-health-centralbanks-cuts/u-s-bank-lobby-economist-predicts-global-rate-cut-coming-this-wednesday-idUSKBN20O2CY

 

He would not be off-base as the CME FED watch is now at 100% for rate cut at the March 18th mtg. See Cap.

Bond markets already cut rates-just a question of when the FOMC delivers the news..early or wait until the March 18th scheduled announcement.

https://www.reuters.com/article/us-china-health-centralbanks-cuts/u-s-bank-lobby-economist-predicts-global-rate-cut-coming-this-wednesday-idUSKBN20O2CY

https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html