NBA: LeBron supports new All Star Game format: ‘Not a bad idea’

first_imgMOST READ Cleveland Cavaliers’ LeBron James (23) poses for the Twitter mirror as Kendrick Perkins looks on during the NBA basketball team media day, Monday, Sept. 25, 2017, in Independence, Ohio.  AP Photo/Ron SchwaneLeBron James has been a staple in the NBA All-Star games, having been chosen to represent the Eastern Conference for the past 13 seasons.With Commissioner Adam Silver confirming that this year’s festivities will undergo major changes, the two-time All Star Game MVP said he supports the long overdue adjustment.ADVERTISEMENT Jake says relationship with Shaina ‘goes beyond physical attraction’ Don’t miss out on the latest news and information. Kiss-and-tell matinee idol’s conquests: True stories or tall tales? Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Jo Koy: My brain always wants to think funny Sports Related Videospowered by AdSparcRead Next Steam emission over Taal’s main crater ‘steady’ for past 24 hours OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Chicago man blinded in one eye by baseball sues the sport Coco’s house rules on ‘Probinsyano’ set LATEST STORIES READ: NBA changes All-Star Game format; captains will pick teams“I don’t see it as a bad idea. We had to do something,” the 32-year-old forward told ESPN’s Dave McMenamin.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogJames also did not mince his words regarding the event’s non-competitiveness in recent years, as players hardly play any defense and pretty content on just shooting wide open threes.“The All-Star Game has been pretty bad the last couple years just from a competition standpoint,” he admitted. Jake says relationship with Shaina ‘goes beyond physical attraction’ It’s too early to present Duterte’s ‘legacy’ – Lacson “Trying to switch it up. Just like how the dunk contest was at one point it was great, then it wasn’t so well, so they had to kind of switch it up. Then it got good, then it got bad and you switch it up again. You see what happens.”Still, LeBron does not guarantee the change will indeed bring back the excitement to the once revered sporting spectacle, but he knows it’s worth the shot.“It’s hard to say if it’s good or bad yet. We haven’t done it yet. February isn’t here yet so no one knows how good or how bad it’s going to be. But I like the change. Why not?”  Khristian Ibarrola /raADVERTISEMENT Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene View commentslast_img read more

‘Harness Africa’s diaspora’

first_img15 June 2007The expertise of the African diaspora should be harnessed to provide the extra capacity Africa needs as it moves to its next stage of development, the vice-president of the Africa region of the World Bank said on Wednesday.Obiageli Katryn Ezekwesili was speaking at the World Economic Forum on Africa meeting in Cape Town in a session moderated by businessman Tokyo Sexwale, who is one of four co-chairs of this year’s forum.Wednesday evening’s discussion included SA President Thabo Mbeki, President Abdoulaye Wade of Senegal and Cynthia Carroll, the CEO of mining giant Anglo-American.“The [African] diaspora constitutes an amazing army of talent to develop the continent,” Ezekwesili said, adding that that Africa’s opportunity for rapid economic growth with all its accompanying benefits “is now”, and should not be missed.The “amazing African brain lying outside of the continent” had the capacity to lift development on the continent to its next level, she said.Her remarks come as the South African government is moving to consolidate African unity in a number of areas. Next year, South Africa is hosting a global summit with the proposed theme, “Towards the realisation of a united and integrated Africa and its diaspora”.The summit will focus on unity between Africa and the African diaspora scattered around the world, from the Caribbean to Europe, with the aim of producing a shared vision of sustainable development for both the continent and the millions of people around the world who share an African heritage.Public-private partnershipsAt the WEF-Africa this year, delegates are focusing on how the continent can build the capacity it needs to lift economic growth beyond the current African average of around 5.8%.Speaking on Wednesday evening, President Mbeki said certain “critical interventions” were needed to lift the continent out of poverty.While governments could lay the foundations for success, Mbeki said partnerships with the private sector were important to ensure that money for development was forthcoming.Conversely, governments – whose planning was long-range – needed to listen to private sector concerns while convincing investors of the potential that existed, and to examine the prospects for value-addition of Africa’s commodities.Another key issue, Mbeki said, was that of open markets for African agricultural products in Europe and the West as a whole, given that agriculture constituted a major component of African economic endeavour.If developed countries agreed to open their markets to agricultural products, African farmers could export surplus production, he said.Anglo-American’s Carroll said the key challenge for multinationals was to build local supply chains – a view that chimes with the SA government’s strategy of building capacity for competitive local suppliers of the capital goods needed for infrastructural development.In his opening remarks to the conference, World Economic Forum executive chairman Klaus Schwab said he saw much greater all-round confidence from Africans this year as the continent began to reap the benefits of several years of positive economic growth.Schwab said the global financial architecture needed to be restructured in line with changes in the world’s economic balance, adding that South Africa’s chairing of the G20 group of central bankers and finance ministers this year could perhaps be seen as a forerunner to more radical changes.Source: BuaNewslast_img read more

10 Years After Bitcoin Began, are We Underestimating Crypto?

first_imgAlex TreeceFounder In the 10 years since Bitcoin was created, a lot has happened to cryptocurrency. Do we understand crypto any better? Are we underestimating it?Bitcoin, Blockchain, Ethereum, and even Satoshi Nakamoto went from obscurity to something we might see on mainstream news.Completely new industries around cryptocurrency and blockchain technology sprung up. Investors and early adopters took the price of one bitcoin from nothing to $20,000 and back down to $4,000. Millions of people made the journey from “What’s a Bitcoin?” to owning cryptocurrency personally.Yet, despite 79% of Americans having heard of cryptocurrency today, is it possible we are still underestimating the decade-old technology?The weight of great expectations.Bill Gates famously said: “We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten.”In recent years there have been times when we overestimated the change of cryptocurrency and blockchain. Some of the promised changes include blockchain-enabled smart contracts becoming the new fabric of the internet, or “Web 3.0.” Bitcoin becoming the dominant, global form of value in a process of “hyperbitcoinization”. And blockchain technology replacing all types of existing infrastructure, from supply chain to personal records.While progress has been made on these promises, none have been fully realized. This has caused much of the attention to focus on insecure smart contracts, exchanges losing client cryptocurrency and hacker activity within the industry. Add market price volatility and controversial initial coin offerings (ICOs) to the mix, and you get plenty of loud critics:Some criticism is certainly warranted. We are dealing with people’s money after all.But if you remember that we tend to both overestimate in the near-term and underestimate in the long-term, it gives you a different perspective. Things look quite a bit different from a decade’s viewpoint in either direction. We see cryptocurrency companies growing from fledgling startups to supporting tens of millions of users.We see world-class technology companies integrating Bitcoin and cryptocurrency into their core offerings. And perhaps most important for the future: we see Wall Street aggressively competing to be the leader in this new alternative financial system.Crypto has tens of millions of users.What if I told you that some cryptocurrency companies are as large as the most significant traditional finance companies? Would you believe me?The analysis shows that Coinbase, a favorite U.S. based cryptocurrency exchange, has amassed a user base of over 25 million. Compare that to Fidelity, the traditional investment management juggernaut, which has 27 million individual investor accounts. Those are big-time numbers for any company in any industry.It’s not just the U.S. market. Binance, the global cryptocurrency exchange, reports a user count north of 9 million. When we add it all up, you’ve got tens of millions of cryptocurrency users across the world. This means that for any new cryptocurrency product or service, you’ve got a large, global market to pull from. That’s precisely why mainstream technology companies are jumping in.Fintechs leading the crypto charge.Many write off cryptocurrency adoption as part of a self-fulfilling ecosystem that doesn’t impact people outside of enthusiasts and speculators. In earlier years, that could have been argued. Today, I think you would have difficulty making that case. Why? Because technology titans across multiple industries are not just integrating cryptocurrency, they are featuring it prominently.One example from the investments arena is Robinhood, which created a standalone cryptocurrency investing product, Robinhood Crypto, in early 2018.The fast-growing fintech company, which has over 4 million customers, reported 200,000 signups per day when Robinhood Crypto launched. The crazy signup numbers hint that there was quite a bit of pent up demand for cryptocurrency within Robinhood’s core millennial market.Again, we can see that this is not just a U.S. only phenomenon. The popular European fintech Revolut, which boasts 2 million customers, launched cryptocurrency trading on their platform in late 2017. In an interview with CNBC, Revolut’s CEO Nikolay Storonsky mentioned that the “cryptocurrency feature has definitely played a part in our growth” and noted it is part of their broader financial marketplace offering.Then there is Square, headed by Twitter founder Jack Dorsey. Referencing Bitcoin in a call with Market Watch Dorsey said that “We do believe that this [Bitcoin] is a transformational technology for our industry, and we want to learn as quickly as possible.” Square added Bitcoin as a feature to its popular CashApp in early 2018, initially to select states, and later broadened access to all 50 states. Square further cemented its ambitions in cryptocurrency when it applied for a “cryptocurrency payment network” to be used between customers and merchants.The last frontier: Wall Street.The most innovative technology companies in the world adopting cryptocurrency is a considerable development. But there is one big domino, that when knocked over, will have the most significant impact on crypto adoption in the next decade:Wall Street going all-in.Long considered an enemy of cryptocurrency, Wall Street is finally starting to see cryptocurrency as more friend than foe. Leading the Wall Street pack is Fidelity, who launched a standalone business in Fidelity Digital Assets in 2018. Right behind them was Bakkt, a creation of New York Stock Exchange parent company Intercontinental Exchange (ICE). Bakkt raised $182 million at the end of 2018 to build a regulated cryptocurrency exchange.Then there is JPMorgan. The Wall Street giant went from calling Bitcoin a “fraud” in 2017 to announcing their own cryptocurrency six months later. You can’t make this stuff up. As more and more Wall Street players enter the game, expect these reversals to become more common.Like many industries, traditional finance has a herd mentality. When the big guys make a move, other companies competing with and underneath them move as well.Bitcoin and cryptocurrency have a long way to go before realizing their wildest ambitions of dominating the internet and the global financial system. But few would have predicted we would have come this far a decade ago, and I suspect few comprehend how far crypto will go ten years from now. The Rise and Rise of Mobile Payment Technology Related Posts Alex is the Co-Founder and President of Zabo, a cryptocurrency banking application that let’s you get paid in Bitcoin. center_img Blockchain – Impending Revolution in Glob… Why is Bitcoin Soaring? What it Takes to Build a Highly Secure FinTech …last_img read more

Two Maoists killed in Sukma

first_imgThe police claimed to have killed two alleged members of the outlawed Communist Party of India (Maoist) in an encounter in Sukma district of south Chhattisgarh during the intervening night of Thursday and Friday. The encounter took place in Tokanpalli forest under Chintagufa police station limits of Sukma district when a joint team of the Sukma DRG (District Reserve Guard) and Chhattisgarh STF (Special Task Force) was carrying out an anti-Maoist operation. The deceased Maoists were identified as Sanni alias Kunjam Lakkhe and Nanda Gurdum. Sanni was working as the Local Operating Squad member of the CPI (Maoist) in Nagaram area and Nanda was working as the Maoists’ militia member. The joint police team also recovered two weapons from the spot of the encounter apart from other Maoist material. In a separate development, two police constables, posted under Polamapalli police station of Sukma, were suspended for allegedly beating up local villagers on Thursday. The suspension of the constables came after the villagers accused a police team of harassment in Gorgunda area of Sukma.last_img read more

Ateneo sets up finals showdown vs La Salle in UAAP football finals

first_imgREAD: La Salle dethrones UP, returns to UAAP men’s football final Earlier, La Salle edged University of the Philippines, 2-1, to book the first finals berth.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsThey meet next Thursday at 4:30 p.m., still at Rizal Memorial Football stadium. Cayetano: Senate, Drilon to be blamed for SEA Games mess SEA Games hosting troubles anger Duterte Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. MOST READ Trending Articles PLAY LIST 00:50Trending Articles01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Cavs’ Colin Sexton, WNBA legend Ticha Penicheiro lead Jr NBA PH national training camp DA eyes importing ‘galunggong’ anew LATEST STORIES Hontiveros presses for security audit of national power grid Panelo: Duterte ‘angry’ with SEA Games hosting hassles Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Philippine Arena Interchange inaugurated Private companies step in to help SEA Games hosting MANILA, Philippines–Ateneo set up a finals showdown against rival La Salle after ousting Far Eastern U, 1-0, in the UAAP Season 81 men’s football tournament Thursday.Powered by Jarvey Gayoso’s phenomenal goal in the 70th minute, the Blue Eagles arranged a knockout final match with the Green Archers in a first since their meeting for the title in 2006.ADVERTISEMENT View commentslast_img read more

Who should U.S. call in for Portugal friendly?

first_imgUnited States Who U.S. should call to play in friendly against Portugal Ives Galarcep @soccerbyives Last updated 2 years ago 05:42 11/5/17 FacebookTwitterRedditcopy Comments(4) Christian Pulisic USA USA Today Sports United States Portugal v United States Portugal Friendlies We still don’t know who will be playing against the Cristiano Ronaldo-less Portuguese later this month, but Goal offers some ideas As the days go by and the rage subsides in the American soccer community over the U.S. national team’s shocking World Cup qualifying failure, it is suddenly beginning to dawn on people that the calendar waits for no one.The recently announced USA-Portugal friendly probably felt like a cruel joke to some who still hadn’t finished processing the events of Oct. 11, which saw the USMNT lose to Trinidad & Tobago, thus missing out on a World Cup for the first time since 1986. Anger, disappointment and calls for significant change, both in leadership and direction, overwhelmed American soccer like a tsunami of emotion. Bruce Arena played the role of fall guy, while Sunil Gulati became the most hated man in the sport as calls poured in for his resignation as U.S. Soccer president.So what about this friendly against Portugal? This match feels like an inconvenience more than a showcase, but the reality is it shouldn’t be wasted. The U.S. won’t be able to bring a full squad together again until March, and while this match may be shaping up to be a beatdown of the Americans, it is still a chance to bring in new faces who can help begin the process of rebuilding the program. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player It is very much an opportunity, but a limited one. U.S. Soccer won’t be hiring its long-term head coach option for some time — potentially not until after the World Cup, when many more good candidates will become available — so the Portugal friendly won’t truly be the beginning of a new era for the USMNT, but more like part of the intermission between a failed period and the attempt to clean up that failure.Dave Sarachan was chosen to serve as caretaker coach and Bruce Arena’s long-time assistant has the experience to navigate a young group through a lengthy camp. He knows it isn’t a time to call in too many veterans, but he also knows he will need a few vets to help provide some leadership in what will be an inexperienced group.There will be some call to leave out everybody who was a part of the loss to Trinidad & Tobago (except for Christian Pulisic), but that’s neither reasonable nor practical. The team will need some veterans in camp, though players who are at the end of their national team careers can take this friendly off.Something else to consider is the MLS playoffs, which will whittle down to its final four teams on Sunday night. Normally a U.S. coach might leave out players participating in the playoffs from a November friendly, but with no playoff matches scheduled for a week before or after the Nov. 14 friendly, Sarachan could still choose to call in players whose teams are still alive in the MLS Cup race.With that in mind, here is a look at the squad we should see be called up for the friendly against Portugal:GOALKEEPERSEthan Horvath Club BruggeCALL THEM UP – Brad Guzan, Ethan Horvath, Jesse GonzalezIN THE MIX – William Yarbrough, Zack Steffen, Bill Hamid, Tim Melia, Sean Johnson, Alex BonoTIME TO MOVE ON – Tim Howard, Nick RimandoHoward’s time with the national team is at its end, as is Rimando’s, but Guzan should still be in the mix as a veteran presence. Horvath is looking like the front-runner to be the first-choice option heading into the next cycle, and could get the nod against Portugal. Hamid would be an easy pick for this game if he hadn’t been sidelined at D.C. United for the past month in the wake of his departure from the club as a free agent. If the caretaker coach decides to pass on bringing in Guzan, then Hamid could still get a look. Steffen is an exciting young prospect enjoying a breakout run in the playoffs, while Bono is another youngster emerging as a good candidate. Melia enjoyed a stellar season, but suffered an injury last month and won’t be available.DEFENDERSCameron Carter-Vickers USA U-20sCALL THEM UP – DeAndre Yedlin, Shaq Moore, Matt Polster, John Brooks, Matt Miazga, Cameron Carter-Vickers, Justen Glad, Danny Acosta, Desevio PayneIN THE MIX – Walker Zimmerman, Justin Morrow, Greg Garza, Jorge Villafana, Ike Opara, Erik Palmer-Brown, Brandon VincentTIME TO MOVE ON- Geoff Cameron, Omar Gonzalez, Graham Zusi, Matt Besler, Tim Ream, DaMarcus Beasley, Michael OrozcoBrooks and Yedlin provide the veteran experience in a very young group. The new generation of central defenders make the move in, led by former U-20 teammates Miazga and Carter-Vickers.The fullback position is an interesting one, with Yedlin the only real lock at this point. Shaq Moore is turning heads after making his La Liga debut for Levante, and merits a look. Polster just finished an excellent first season as a converted right back for the Chicago Fire.The left-back position needs some new blood and Acosta and Payne are possibilities there. Acosta has become a good left back for RSL at age 19, while Payne has been earning some minutes for Dutch side Excelsior, and the former U.S. U-20 has the versatility to play either fullback spot.MIDFIELDERSWeston McKennie SchalkeCALL THEM UP – Christian Pulisic, Paul Arriola, Weston McKennie, Kellyn Acosta, Jonathan Gonzalez, Cristian Roldan, Tyler Adams, Caleb Stanko, Lynden GoochIN THE MIX – Michael Bradley, Darlington Nagbe, Danny Williams, Emerson Hyndman, Marco Delgado, Russell CanouseTIME TO MOVE ON – Jermaine Jones, Fabian Johnson, Benny Feilhaber, Sacha Kljestan, Lee Nguyen, Dax McCartyThe wait for McKennie should end with this camp, and the Schalke midfielder will be one of the key players to watch as he gets his first taste of being a part of the USMNT. The same can be said for Adams, who has been outstanding for the New York Red Bulls. Gooch isn’t a stranger to the national team setup, and as a young and exciting wing option, he definitely merits a look.Gonzalez has been one of the surprise revelations in Liga MX this season, starting and impressing for Monterrey at the age of 18. The U.S. Under-20 midfielder is reportedly being pursued by Mexico to potentially play for El Tri, but all signs point to Gonzalez wanting to play for the USMNT. The sooner he can be brought back into the U.S. setup, the better.Hyndman has been starved for minutes at Bournemouth, but remains one of the most talented young midfielders in the pipeline. Will Sarachan ignore his lack of minutes and call him into the November camp anyway? It’s definitely possible. And what about Danny Williams, who both Jurgen Klinsmann and Bruce Arena chose to pass on repeatedly? He’s worked his way back from a recent injury for Huddersfield Town, and at 28, he still has some good years left.Bradley remains the U.S. captain, and as much as projecting him onto the 2022 World Cup team at the age of 35 may be far from a lock, he still provides invaluable leadership and should remain a key part of the U.S. setup for a few more years. All that said, both he and Altidore are in the midst of an MLS Cup run, so it may be a good time to let them stay home and let other players have a look. Freiburg midfielder Caleb Stanko is one such player who could benefit if Bradley skips this camp.Johnson is only 29, but with the 2018 World Cup no longer a goal, it seems far more likely that he chooses early retirement from the national team.FORWARDSJosh Sargent USA Under-17CALL THEM UP – Bobby Wood, Christian Ramirez, Haji Wright, Josh SargentIN THE MIX – Jozy Altidore, Juan Agudelo, C.J. SapongTIME TO MOVE ON – Clint Dempsey, Chris WondolowskiWill Altidore and Bradley be a part of the November friendly, or will they choose to focus on Toronto FC’s quest for an MLS Cup title? Altidore is still just 27, so any thoughts of him no longer being a key USMNT figure going forward is misguided. He and Wood should be the strike tandem for the foreseeable future.Wood isn’t doing so well at Hamburg, but remains a key player for the future at the forward position. If Altidore does skip the November friendly, then that will make Wood even more important to the team.Arena never bought into Ramirez as a national team option, but the Minnesota United forward is coming off an excellent first season in MLS, and at 26, he merits a look.Sargent doesn’t turn 18 until February, and it might sound crazy to call in a player so young. But after starring at the U-20 World Cup, and helping the U-17s make a World Cup run, having the top prospect experience his first senior national team camp wouldn’t be that much of a stretch.Wright has been earning minutes on loan with 2 Bundesliga side Sandhausen, and is considered a promising striker prospect in the U.S. talent pool. Agudelo could also merit a look. Dempsey is probably not ready to announce a national team retirement just yet, but it feels unlikely that he would want to take part in such a meaningless friendly, especially with the Sounder in the Western Conference finals.last_img read more

Buriganga boat capsize kills 3 of a family

first_imgBuriganga River. UNB File PhotoThree members of a family died and a minor went missing as a boat capsized in the Buriganga river on Friday night, reports UNB.The deceased are Motiur Rahman Moti, 55, his wife Rozina Begum, 42, and Momtaz Begum, 50.Abdur Razzak, officer-in-charge of Sadarghat police station, said the boat, carrying four members of a family, sank in the river after being hit by a launch, ‘MV-Manik’, around 10:30pm, leaving them missing.The bodies of Rozina and Momtaz were retrieved from the river around midnight while that of Moti around 9:00am on Saturday, the OC said.Moti’s son Abid, 5, remained missing till filing the report about 11:11am.last_img read more