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No global bonds in sight as Indonesia focuses on local debt market

first_imgIn the meantime, the government aims to attract more domestic investors to fund the country’s budget deficit during the global health crisis, as foreign ownership of Indonesia’s sovereign debt papers (SBNs) has fallen significantly to 29.6 percent from 39 percent at the beginning of the year.The government is planning to raise Rp 35 trillion to Rp 40 trillion every two weeks throughout the remainder of the year through the primary market, Luky explained, adding that retail bonds would be worth Rp 35 trillion to Rp 40 trillion in the second half of the year.“We want to attract investment from domestic investors to prop up financing because this will make [the debt market] more resilient” to global economic shocks, Luky said, adding that it had a strategy in place to increase domestic ownership of SBNs.The country’s financial markets have been hit by the coronavirus pandemic this year as foreign investors have dumped Rp 122.4 trillion in Indonesian assets as of July, according to the ministry’s data, which has weakened the rupiah exchange rate and caused a spike in yields of government debts earlier this year. The government is not likely to issue another global bond this year as it aims to focus on strengthening the local debt market while relying on domestic investors amid the pandemic.“We currently have no plan to issue another global bond in the second half,” the Finance Ministry’s financing and risk management director general, Luky Alfirman, said on Friday.The government has raised a total of $9.9 billion from global bonds in the first half, including from dollar-denominated bonds and global sukuk (sharia-compliant bond) issued earlier this year, according to Luky. To fund its COVID-19 fight, the government is planning to raise Rp 900.4 trillion (US$61.8 billion) in the second half this year to cover for a widening budget deficit of 6.34 percent of gross domestic product.The government’s Rp 695.2 trillion stimulus was introduced to boost the economy, which is expected to shrink 0.4 percent at worst or grow 1 percent at best.Bank Indonesia agreed earlier this month to buy Rp 397.5 trillion worth of government bonds and bear the interest cost of the central bank’s policy rate of 4 percent to fund healthcare and social safety net programs amid the coronavirus pandemic.“We are currently setting up a special account at the central bank and hopefully next week we may start the implementation,” Luky said, adding that the burden-sharing scheme would reduce SBNs in the financial market to around Rp 453 trillion from June to December.However, despite not issuing global bonds, the government is looking to raise $5.5 billion from multilateral organizations in the second half after raising $1.8 billion in the first half from five multilaterals, including the World Bank and the Asian Development Bank (ADB).“We are focusing on getting loans from our multilateral partners in the second half this year after focusing on raising funds from global bonds in the first half,” he added.Center of Reform on Economics (CORE) Indonesia research director Piter Abdullah urged the government to consider the current economic condition before relying on domestic investors.”The government’s strategy to strengthen the bond market is appropriate but it will need economic growth that can create a new middle-class, as well as expansive monetary policy,” he said.The Indonesian economy grew 2.97 percent in the first quarter, the slowest in 19 years. The government expects the economy to shrink up to 5.08 percent in the second quarter as the outbreak paralyzes business activity.center_img Topics :last_img read more

Designs provide space for the whole family, even the in-laws

first_imgBold Living’s “Modern” house designIt takes a village to raise a child, as the saying goes. And it would appear that sentiment is making a comeback, with one developer launching a new home range in response to changes in the “co-living” market.Bold Living director Brett Boulton said their new acreage range, The Sanctuary Collection, would suit families wanting more space to play at an affordable price.“The modern family has come full circle, with many grandparents now sharing a home with their children and grandchildren, and we are seeing increasing demand for homes that cater for this situation,” Mr Boulton said.“Acreage designs provide the room for grandparents to be down one end of the house and the kids and grandkids at the other, each with their own living areas. More from newsParks and wildlife the new lust-haves post coronavirus1 day agoNoosa’s best beachfront penthouse is about to hit the market1 day ago“This new-age family co-living is making housing more affordable for the younger generation and is attractive to grandparents who get to spend more time with their kids and grandkids and have room to park the caravan when they’re not travelling.” Bold Living’s “Boulton” house designMr Boulton said many families were putting lifestyle ahead of their daily commute, opting for larger homes and blocks over city fringe living. Among the first to build a Sanctuary Collection house are Karen Dioth and Carlos Hinostroza, who will make the move to Samford when their five-bedroom home is completed in December. Karen Dioth and Carlos Hinostroza, with their daughter, Isabella, will make the move to Samford when their five-bedroom home is completed in December.The couple, who have a three-month-old daughter, Isabella, said they were “itching to get out of suburbia” after moving from Melbourne to Brisbane in 2014.“I love being in the garden and we have a Labrador who needs a lot of space, so when we saw the acreage offering from Bold, we jumped at the chance,” Ms Dioth said. “Our new home will be equipped with everything we need and more, and with five bedrooms we have enough space to accommodate parents and other family members if they decide to come and live with us in the future.”last_img read more

Port of Townsville Expansion Program Gets Green Light

first_imgPort of Townsville announced this morning that the construction works on the port expansion program could start next year after the Environmental Impact Statement (EIS) for the project was approved by the Queensland Coordinator-General.The EIS included comprehensive scientific assessments and consultation processes to address key issues, and the conditions placed on the Coordinator-General’s approval include stringent controls to ensure the health of Cleveland Bay is safeguarded.Port of Townsville Chief Executive Officer, Ranee Crosby, said that the $1.6 billion, 30-year development plan would ensure the Townsville Port kept up pace with global and domestic demands.“The State’s approval of the EIS for the project cannot be understated; it’s a milestone that has been in the making for nearly 10 years,” said Ms Crosby. “By 2045, the Port of Townsville will create up to six new berths, new land for cargo handling, and widen and deepen the channels for bigger ships.”“The EIS was a rigorous environmental review and project assessment, so we are delighted to have now received endorsement for the project from the Coordinator-General.”“We are looking forward to getting this vital project underway, and to continue working in close partnership with the local community to deliver best practice environmental outcomes,” Ms Crosby said.The $193 million Channel Capacity Upgrade will be the first work to start under the Townsville Port Expansion Project, involving widening of the shipping channels to accommodate larger ships.“Ships are getting bigger, so widening of the channel is critical. This will result in lower shipping costs for freight, and allows larger cruise and defense ships to visit the city, which is great for tourism in the region,” Ms Crosby added.The Queensland Government has committed $75 million towards the channel works, which will start next year pending Commonwealth approval of the Additional Environmental Impact Statement and finalization of funding.The Commonwealth Government’s decision is anticipated by 24 October.[mappress mapid=”24460″]last_img read more

BBB officials warn of fake check scam

first_imgIndianapolis, In. — An in-depth study by Better Business Bureau finds that, while consumers may write fewer checks in this era of electronic financial transactions, fake check scams are on the rise. Fake checks are used in a variety of frauds, from employment scams to prize and sweepstakes fraud. In all cases, victims deposit the check and send money back to scammers. BBB warns consumers to be on guard against these serious and pervasive frauds and their perpetrators.The investigative study– “Don’t Cash That Check: Better Business Bureau Study Shows How Fake Check Scams Bait Consumers” — looks at how fake checks dupe consumers. It digs into the scope of the problem, who is behind it, and the need for law enforcement and consumer education to address the issue.Scammers often succeed because consumers don’t realize:Crediting a bank account does not mean the cashed check is valid. Federal banking rules require that when someone deposits a check into an account, the bank must make the funds available right away – within a day or two. Even when a check is credited to an account, it does not mean the check is good. A week or so later, if the check bounces, the bank will want the money back. Consumers, not the fraudsters, will be on the hook for the funds.Cashier’s checks and postal money orders can be forged. A cashier’s check is a check guaranteed by a bank, drawn on the bank’s own funds and signed by a cashier. If a person deposits a cashier’s check, the person’s bank must credit the account by the next day. The same holds true for postal money orders. Scammers use cashier’s checks and postal money orders because many people don’t realize they can be forged.“Everyone should really understand fake check scams in order to protect themselves,” said Tim Maniscalo, BBB Central Indiana President and CEO. “Banks credit your account before verifying the validity of checks, so it’s critical to know how to spot the red flags before it’s too late.”Fake check fraud is a huge problem, with complaints to regulatory agencies and consumer watchdog groups doubling over the last three years.Fraud employing fake checks is rapidly growing and costing billions of dollars. Fake checks were involved in 7 percent of all complaints filed with BBB’s Scam Tracker. The number of complaints received by the Federal Trade Commission’s Consumer Sentinel database and the Internet Fraud Complaint Center more than doubled between 2014 and 2017.Based on complaint data trends, the study suggests that there may be more than 500,000 victims of counterfeit checks in 2017. The study found the fraud affects victims of all ages and income levels, but consumers between 20-29 reported being victimized by the scam more than consumers of any other age range.One central Indiana resident lost more than $1,600 in a fake check overpayment scam. After posting his car for sale on LetGo, he was contacted by a buyer. The buyer sent two checks (each were $2,000 more than the asking price) via express mail delivery. Per instructions, the Indiana resident deposited one check, and sent $1,650 of the overpayment to the buyer in Texas via Western Union and Money Gram. His bank informed him later that the check was not valid and he would have to pay NSF fees.“The hard truth is that you are responsible for everything that is deposited into your account, said Andy Shank, Assistant Vice President Fraud Investigations Manager for Elements Financial. “If a check is returned later for any reason, it is your account that is subject to the funds being withdrawn and various fees. If you’ve already sent some of the money from the check back to the fraudsters, that money is long gone and you are responsible for the balance owed to your financial institution.”The National Consumers League, which also receives complaints from fraud victims at, found that fake checks complaints in 2017 were up 12% and was the second most common type of complaint over all, after online order issues.Nigerian gangs appear to be behind most of this fraud, often using romance fraud victims and other “money mules” to receive money from victims. Many fake checks and money orders are shipped to the U.S. from Nigeria.The report recommends:Organizations such as BBB and regulatory agencies should do more to provide fake check fraud prevention education.With wide-scale use of money mules and others to assist in frauds, it would be useful for law enforcement agencies to work collaboratively to both identify these individuals and to take action to ensure that they end these activities.Investigative agencies may need more resources to effectively prosecute fake checks and other widespread frauds.Continued law enforcement coordination and training with enforcement counterparts in Nigeria and elsewhere should remain important and should be strengthened.Banks and financial institutions might consider more collective efforts to educate their customers about fake check frauds.What to do if you have deposited a fake check into your account:Notify your bank or the bank that appears to have issued the check. •File a complaint:Better Business Bureau, or call (317) 488-2222Federal Trade Commission, 877-FTC-HelpInternet Crime Complaint CenterS. Postal Inspection Service o Western Union, 1-800-448-1492MoneyGram, 1-800-926-9400Green Dot, 1-866-795-7597Victims who are seniors or other vulnerable adults may be able to obtain help through Adult Protective Services, which has offices in every state and many counties. Find a local office here.Avoid becoming a scam victim with these tipslast_img read more

Saudi Arabia in talks to buy Newcastle United for £340m

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal Ighalo: My best moment as ‘Red Devil’ Arsenal, Wolves want Michael Olise Saudi Arabia’s Sovereign Wealth Fund is in talks to buy English football club Newcastle United for about 340 million pounds (about N156.4 billion), a source familiar with the situation told Reuters. The revelation confirmed a report in the Wall Street Journal earlier on Saturday. British billionaire Mike Ashley, who made his fortune from sportswear retailer Sports Direct (renamed Frasers Group) last month, has owned Newcastle United since 2007. Saudi’s Public Investment Fund together with a group led by British financier Amanda Staveley are in discussions to buy the Premier League club. But the talks were at a delicate stage and could fall apart, a source familiar with the situation told Reuters. A spokesman for Newcastle United declined to comment on Saturday. Saudi’s Public Investment Fund was not immediately available for comment, nor were representatives for Ashley or Staveley. Newcastle United has been up for sale for a number of years. Three years ago, Staveley’s firm PCP Capital Partners made an offer for it for a reported 250 million pounds but the talks broke down. In 2019, Newcastle United was rumoured to be on the brink of being bought by Abu Dhabi billionaire Sheikh Khaled bin Zayed Al Nehayan, but that deal did not go ahead either. Ashley, who owns a controlling stake in the club, has not always been popular among fans, and thousands have been staying away from matches this season to protest at his ownership. Around a third of English football clubs are under foreign ownership. English Premier League clubs Arsenal, Liverpool and Manchester United are all in American hands, while Manchester City is owned by the Abu Dhabi United Group. Reuters/NAN.Tags: ArsenalManchester UnitedNewcastle UnitedSaudi Arabia Sovereign Wealth Fundlast_img read more

Three DEFY swimmers compete at Nationals

first_imgINDIANAPOLIS — Three swimmers with the Down East Family YMCA Dolphins competed in the YMCA Long Course National Championships last week.Talor Hamilton, Cooper Holmes and Hannah Wood, accompanied by coach Matt Montgomery, swam against the top YMCA swimmers from around the nation.“This was the first time that DEFY had two swimmers score at a National Championship meet,” Montgomery said. “Despite having very little experience swimming in a Long Course pool (50 meters long), the trio had a great meet.”Hamilton, Holmes and Wood combined for 13 personal best times (out of 13 swims), 11 team records and two top 16 swims.This is placeholder textThis is placeholder textA Long Course pool is more than twice the length of the Ellsworth YMCA’s 25-yard pool.Local swimmers don’t get to train in Long Course pools because there are none in Maine.Montgomery said his swimmers travelled out of state a few times during the summer to get some experience.“Swimmers from Maine are at a disadvantage competing in Long Course meets,” Montgomery said. “We are the only state without one.”Hamilton competed in the 100-yard long course (LC) butterfly, the 100-yard LC backstroke, the 50-yard LC butterfly and the 50-yard LC freestyle. He placed 58th in the 100-yard butterfly with a time of 59.86; 36th in the 50-yard butterfly with a time of 27.22; 25th in the 100-yard backstroke with a time of 1:00.96; and 10th in the 50-yard freestyle with a time of 24.43.Hamilton also swam a time trial 100-yard LC freestyle in 54.61. All of Hamilton’s times set new team records.Holmes competed in the 50-yard LC breaststroke, the 100-yard LC breaststroke and the 200-yard LC individual medley. He placed 13th in the 50-yard breaststroke with a time of 31.14; 30th in the 100-yard LC breaststroke with a time of 1:09.21; and 64th in the 200-yard LC individual medley with a time of 2:20.32. Both of Hamilton’s breaststroke swims were new team records.Wood competed in the 50-, 100- and 200-yard LC backstrokes. She placed 98th in the 200-yard LC backstroke with a time of 2:33.56; 79th in the 100-yard LC backstroke with a time of 1:09.48; and 53rd in the 50-yard LC backstroke with a time of 32.67. All three of Wood’s swims also were new team records.last_img read more

Ellsworth-Sumner football team wins first game in three seasons

first_imgEAST MACHIAS — After three winless seasons since the program’s revival, the Ellsworth-Sumner Memorial High School football team has won its first game.The Ellsworth-Sumner Eagles beat the Washington Academy Raiders 22-8 on Saturday on the road. The last win an EHS football team notched was in 1955.Ellsworth-Sumner coach Duane Crawford said he was at a loss for words while attempting to deliver a postgame speech.“I’m just so proud of our team,” Crawford said. “The kids have worked so hard for this.”This is placeholder textThis is placeholder textA week prior, the Eagles had lost their first game 36-12 to Orono.“If you are going to lose to Orono,” Crawford told his players before their season opener, “let them beat you. Just don’t beat yourself.”Ellsworth-Sumner football player Declan White (right) poses with Harold “Tug” White — his grandfather as well as president of the Ellsworth Football League — on Monday. The Eagles gave Tug the game ball, signed by the entire team, from their win on Saturday — the program’s first in three seasons. Coach Duane Crawford said Tug had an instrumental role in bringing football back to Ellsworth. “It seemed fitting to give it to Tug,” Crawford said. “He is someone who has always been there.” PHOTO BY ENA WHITEFor the past three years, Crawford has had to balance optimism with realistic expectations for his team, which had lost 25 straight games before Saturday.But the Eagles knew they had a chance against WA, which lost its first game 64-0 to Maine Central Institute.Crawford said his players were fired up all week leading up the game, anticipating an even matchup.“We knew we could win,” Crawford said. “We just needed to execute.”And execute they did.Offensively, Devin Wright led the team with 31 carries for 254 yards and three touchdowns. Wally Moon rounded out the scoring with two two-point conversion catches.Defensively, Tyler Hardwick led the team with five solo tackles and two passes defended. Moon had four solo tackles, a sack, a fumble recovery and one pass defended. Connor Petros recovered a fumble.The game wasn’t put away until late in the fourth quarter, when Ellsworth-Sumner was leading 14-8.“That wasn’t a comfortable lead,” Crawford said.Wright eased his coach’s worries when he punted the ball 40 yards to pin the Raiders on their 1-yard line.“That’s when it started to settle in,” Crawford said. “The kids were so excited.”Jacob Shorey sealed the deal when he intercepted a second-down pass and returned it 22 yards to the WA 1-yard line.Two attempts later, Wright ran the ball into the end zone, giving Ellsworth-Sumner a 20-8 lead. A pass from Hardwick to Moon put the final two points on the board for Ellsworth-Sumner’s 22-8 win.The usually quiet Ellsworth-Sumner sidelines cheered wildly as the final seconds ticked off the clock. Many hugs were exchanged, and Crawford received his first Gatorade shower as the Eagles’ coach.“So many emotions and so proud of the team,” Crawford posted on the team’s Facebook page the morning after the victory. “These players are the embodiment of a team. They never give up.”Ellsworth-Sumner improved its record to 1-1. WA dropped to 0-2.In other news, Mount Desert Island (2-0) beat Belfast (0-2) 24-14 on Friday, and Bucksport (0-2) lost to Mattanawcook (2-0) 30-14. Part 2: When the injury is inside your head, some “don’t get it” – July 26, 2016 Bio Latest Posts Latest posts by Taylor Vortherms (see all)center_img Part 1: Invisible, incapacitating concussions are sidelining high school athletes – July 19, 2016 EHS names new boys’ soccer coach – July 13, 2016 Taylor VorthermsSports Editor at The Ellsworth AmericanTaylor Vortherms covers sports in Hancock County. The St. Louis, Missouri native recently graduated from the Missouri School of Journalism and joined The Ellsworth American in 2013.last_img read more

CBA baseball earns top seed for Class A sectionals

first_imgOf far greater significance to Grimes was its showdown with Westhill a day later, the winner to finish second behind CBA in the OHSL Liberty American division.But Grimes struggled here, too, in a 15-5 defeat, the Warriors breaking out of a 3-3 tie with five runs in the fourth and sixth innings as Ryan Bennett went five-for-five with three RBis and three runs scored.Joe Wike took the loss, lasting five innings before Alex Williams relieved him. Matt Tarby did have two doubles and two RBIs, with Wike, Dalton Damuth and Ben Rivett driving in one run apiece.On Wednesday, CBA lost, 5-3, to Oswego, but still found out that it had the top seed for the sectional Class A tournament, where it would await a quarterfinal against Fulton or Carthage early next week.Jamesville-DeWitt broke out the bats for last Monday’s game against Rome Free Academy and bashed the Black Knights 14-6, peaking with a six-run third inning and scoring twice in four other innings, too.Though helped by six RFA errors, the Red Rams did have 12 hits, including Nick Brotzki’s home run as he and Matt Alexander both finished with three RBIs. Bailey Doust and Zach Goodson had three hits apiece, driving in single runs as RBIs also went to Nolan Giblin, Murphy Foss and Logan Wing.East Syracuse Minoa continued its late-season surge by taking out Auburn 5-1 last Monday night at the Onondaga Community College complex.They were 0-0 until the fifth inning, when the Maroons got a run, only to have the Spartans answer it and then, in the bottom of the sixth, break out for four decisive runs to aid pitcher Sean Welch, who in six innings held Auburn to four hits.Josh Gilkey doubled, tripled, singled and got two RBIs, also pitching the last inning in relief of Welch. Brendan Seburn, Colin Williams and Ben Lieb each had two hits, with Williams, Nolan Penoyer and Jacob Buell driving in one run apiece.All of these results meant that J-D would hold the no. 2 seed for the sectional Class A playoffs – and ESM would have the no. 7 seed, meaning the Red Rams and Spartans, who split two regular-season meets, clash next Tuesday in the sectional quarterfinals. Amid a 15-hit attack, Alec Jewett and Mike Schaefer each had three hits, Jewett doubling twice as he got three RBIs. Jewett drove in two runs, with Kent Wilson scoring three times as Jack Harrigan and Tommy Marzullo had one RBI apiece.A local showdown loomed on Monday, CBA trying to halt Bishop Grimes’ seven-game win streak. But the Cobras had more important games ahead of them, so it rested its top pitchers and the Brothers prevailed 16-1.The game broke open when CBA struck for seven runs in the top of the second, capped by Kodi Dotterer’s two-run home run. Mostly, though, the Brothers relied on singles and doubles to amass eight more runs in the next five innings to bring about the mercy rule. Share this:FacebookTwitterLinkedInRedditComment on this Story Well planted in the state Class A top 10, the Christian Brothers Academy baseball team has designs on a Section III title, especially given the way things went on the last weekend of the regular season.An impressive 4-1 win at Class AA power Liverpool on May 18 was followed, a day later, by the Brothers going to Solvay and blanking the Bearcats 12-0.Cade Bacon pitched four innings, combining with relievers Joey Marsallo and Anthony Marsallo to limit Solvay to six hits while, at the plate, CBA used five-run rallies in the third and sixth innings to get away. Tags: BaseballCBAESMJ-Dlast_img read more

WWE: From Hardy Boyz to D-Generation X, top 5 Tag Teams of all time

first_imgLast Updated: 26th September, 2019 10:49 IST WWE: From Hardy Boyz To D-Generation X, Top 5 Tag Teams Of All Time WWE has witnessed some great Tag Team duos. From the Attitude era to recent times, Tag Teams have held an integral part in the WWE culture. Here are the top 5 11 months ago WWE SmackDown latest results: Shinsuke Nakamura defeats Ali 11 months ago WWE SmackDown: Kevin Owens to fight Shane McMahon, winner stays in WWE SUBSCRIBE TO US Gladwin Menezes WWE has witnessed some great Tag Team duos. From the Attitude era to recent times, Tag Teams have held an integral part in the WWE culture. Here are the top 5 tag teams that not only defined the Tag Team Championship but also immortalised the wrestlers for good. These teams are some of the most famous tag-team duos in the WWE.WWE: 5 Best Tag Teams of all Time1.      D-Generation XSpanning 13 years, D-Generation X was the brainchild of Shawn Michaels and Triple H. In 1997, HBK and The Game brought their backstage friendship in front of the cameras. After eight years apart, the band got back together in 2006. As former multi-time WWE Champions, DX was more powerful than ever and brandished their logo on the WWE headquarters in Connecticut and on Mr. McMahon’s corporate jet. In 2009, Michaels and Triple H went on to win their first WWE Tag Team Championships together.Also Read | WWE Raw: Match four overview, analysis and weekly updates2.      The Brothers of DestructionAs vicious as these two brothers’ sibling rivalry can be, the aggression is doubled during those stints when they joined forces as the feared ‘Brothers of Destruction’. The duos in the locker room learned to fear the moments where the bros saw eye to eye. The Deadman and The Devil’s Favorite Demon captured three separate tag team titles and were also the team to unify the WWE and WCW Tag Team Championships, devouring DDP and Kanyon at SummerSlam 2001 inside of a steel cage.3.      The Rock ‘N’ Sock ConnectionOne was a scruffy head case in a leather mask who spoke to a sock. The other was an immaculately groomed colossus who dressed in the finest materials and adorned his wrists with gold. The Rock ‘N’ Sock Connection, won the WWE Tag Team Championships in their very first match. In a matter of months, the odd couple had three runs with the titles and inspired record numbers of viewers to turn on Raw.Also Read | WWE SmackDown latest results: Shinsuke Nakamura defeats Ali4.      The Hardy BoyzHardy’s, the high-flying daredevils who risked life and limb in pursuit of tag team glory at the apex of the “Attitude Era.” Matt and Jeff Hardy were part of the six-headed rivalry along with Edge & Christian and The Dudley Boyz that gave birth to the Tables, Ladders and Chairs Match, where they pioneered the modern use of the ladder. The reckless abandon with which they practised their craft won the brothers numerous tag titles.Also Read | WWE SmackDown: Kofi speaks about pressure of fighting Brock Lesnar5.      Edge & ChristianEdge and Christian went from school hallways in Toronto to quite literally climbing the ladder of success in WWE. Edge and Christian won seven World Tag Team Championships, the first in a Ladder Match against The Hardys at WrestleMania 2000. They defeated both The Hardys and Dudley Boyz in the first-ever TLC Match at SummerSlam and were victorious in a rematch at WrestleMania. The match was hailed by many as the greatest Tag Team match in WWE history. The long-standing animosity between the three duos consistently resulted in Edge and Christian supremacy and solidified the team as not just fun and games, but a bonafide force to be reckoned with. Edge and Christian were the arrogant jerks you loved to hate, especially as they revolutionised Tag Team wrestling for generations to comeAlso Read | WWE SmackDown: Kevin Owens to fight Shane McMahon, winner stays in WWE COMMENT WATCH US LIVE LIVE TV 11 months ago WWE Raw: Match four overview, analysis and weekly updates WE RECOMMEND FOLLOW US 11 months ago WWE SmackDown: Kofi speaks about pressure of fighting Brock Lesnar First Published: 26th September, 2019 10:49 IST Written Bylast_img read more

Indian wrestlers win 6 gold in U-15 Asian C’ships

first_imgWhile Komal, one of the fastest-rising Indian wrestling stars, lived up to the expectations, the other girls also impressed with both Saloni (33kg) and Babli (36kg) performing brilliantly to finish on the top podium. All the three girls gave a dominating display to stay undefeated in their respective categories.The exploits of Indian freestyle wrestlers continued on Day 2 also as Akash performed brilliantly to beat Daiki Ogawa of Japan in the 48kg category. Akash’s quick reflexes did not give any chance to the Japanese in the bout, as the Indian emerged 8-3 victorious. Debutant Udit Kumar brought home a silver in 57kg to add to the bronze he won earlier in the year at the Cadet World Championships.With Kapil too winning a bronze medal in 52kg, all the six Indian freestyle wrestlers in the squad have won a medal each. This has resulted in India leading the team rankings list with 125 points, followed by Kazakhstan with 120. Greco-Roman turned out to be the biggest surprise of the day. The category, which has traditionally not been the strongest for India, proved to be the biggest hunting ground as all the four wrestlers won medals.Ankit Gulia defeated Korganov of Kazakhstan to win the gold in the 68kg category. In 75kg, Chirag Dhalia clinched gold by winning both his bouts. The other two Greco-Roman medals came in 62kg and 85kg when Sumit and Arshdeep Singh won a silver each.READ | ‘From Qawwali to wrestling’: Netizens in splits as people hurl chairs at each otherREAD | WWE: Hulk Hogan wants WWE return at WrestleMania 36 for one last fight SUBSCRIBE TO US Press Trust Of India  Indian wrestlers continued to shine at the Under-15 Asian Championships in Taichung, Chinese Taipei, as they bagged six gold medals on Saturday. Led by 2019 cadet world champion Komal (39kg), the gold rush ensured that the Indian contingent now has a total of eight gold medals after beginning their campaign with a couple of gold on Friday.Indian wrestlers bag 6 golds in U-15 Asian C’ship WATCH US LIVE Last Updated: 23rd November, 2019 22:56 IST Indian Wrestlers Win 6 Gold In U-15 Asian C’ships  Indian wrestlers bagged six gold medals at the Under-15 Asian Championships in Taichung on Saturday COMMENT Written By First Published: 23rd November, 2019 22:56 IST LIVE TV FOLLOW USlast_img read more