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Singapore sovereign fund Temasek joins Facebook-backed Libra

first_imgTopics : The association includes a number of nonprofit and e-commerce firms but has lost some high-profile initial members including Visa, Mastercard, eBay, Stripe and PayPal. Libra, a high-profile project launched by social network giant Facebook, is tentatively scheduled to launch this year but has been battered by severe criticism from some of the world’s most influential financial authorities.Backers of Libra argue it can help people outside the banking system by lowering transaction costs for many kinds of payments and transactions; critics say it could disrupt the global monetary system and currency markets.In its latest update, the association said it is seeking seek approval for digital coins in individual currencies, revamping its cryptocurrency initiative in a move aimed at minimizing disruption to the global monetary system.Under the new plan, separate “stablecoins” would be created and pegged to real-world money such as the US dollar and the euro.center_img The Singapore sovereign wealth fund Temasek has joined the Facebook-backed Libra project seeking to create a worldwide digital payments network, the Swiss-based Libra Association said Thursday.Temasek was among three new members announced for the association, including the cryptocurrency investment firm Paradigm and the private equity group Slow Ventures, both based in California.”The addition of these three new members to the Libra Association shows our commitment to building a diverse group of organizations that will contribute to the governance, technological roadmap and launch readiness of for the Libra payment system,” said association vice chairman Dante Disparte.last_img read more

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Matthews’ all-round brilliance handsBarbados victory against Windward Islands

first_img… Bowlers propel T&T to victory over Leeward IslandsBy Michelangelo JacobusDEFENDING champions Barbados made it two wins out of two games with Hayley Matthews once again turning in an impressive performance with bat and ball. Trinidad and Tobago also continued their winning ways as the Colonial Medical Insurance Women’s Super50 tournament continued yesterday.At Guyana National Stadium, Windward Islands won the toss and sent in Barbados to bat, a decision which backfired, as the Bajan batters unleashed a dominant performance to rack up 334-3 before bowling out Windward for 93 to win by 241 runs.Opening the batting Matthews plundered 91 (113 deliveries) before she was caught and bowled by Qiana Joseph, Matthews’ knock included 13 boundaries and a maximum. She was supported by Kycia Knight who made 81 (106 deliveries, (8×4) before being bowled by Pearl Etienne.However, Deandra Dottin and Kyshona Knight destroyed the hapless Windward attack to carry their side to a mammoth total.Dottin was especially harsh in her top score of 94 not out from 50 deliveries which included 15 boundaries and two maximums while King held her end to finish unbeaten on 23 from 19 deliveries (2×4).In response, Windward Islands’ resistance was futile with the Bajan bowlers all putting in valuable contributions; Shamilia Connell was the pick of the bowlers ending with figures of 3-36 (10 overs) with Matthews chipping in with 2-19 (6 overs) while Shanika Bruce and Shakera Selman also took two wickets each.Afy Fletcher was the top scorer for the Windward Islands with 24, before retiring hurt. The next best contribution came from Akeira Peters who made 19.Meanwhile, playing at Georgetown Cricket Club (GCC) ground, T&T faced the Leeward Islands. The latter won the toss and took first strike but could manage only a paltry 76 with the T&T bowlers needing just 25.1 overs to skittle them out.Most of the wickets were shared between Leandra Ramdeen and Karishma Ramharack, the former snaring four wickets for just 12 runs off 6.1 overs while Ramharack offered valuable support with figures of 3-23 (7 overs) with Aneesa Mohamed claiming two scalps at 15 runs off five overs.The only batter to reach double figures was Shebani Bhaskar who managed 26 before she was run-out. The next best score came from Saneldo Willet with nine runs.Needing just 77 for victory, T&T’s chase was buoyed by opener Felicia Walters who was unbeaten on 32. However T&T lost four wickets in a mini-collapse with first-game hero Reniece Boyce holding her wicket to see her side home, T&T won by four wickets as they ended with 79-4 off 17 overs.The Windward Islands bowlers shared a wicket apiece with Jenisen Richards being the most economical (1-11-4 overs).last_img read more

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Deontay Wilder vs. Tyson Fury: Fight time, PPV price, how to watch, live stream

first_imgPerhaps the biggest heavyweight title fight in the United States since Lennox Lewis vs. Mike Tyson in 2002 will take place on Dec. 1 when WBC champion Deontay Wilder battles lineal champ Tyson Fury at the Staples Center in Los Angeles.Negotiations started in earnest after talks between Wilder and unified titleholder Anthony Joshua stalled out. When Fury dispatched Francesco Pianeta by unanimous decision in August, Wilder entered the ring, and the fight was made official. – The Deontay Wilder vs. Tyson Fury clash plays a bigger role in the heavyweight division than most think. MORE: Join DAZN and watch more than 80 fight nights a yearWilder (40-0, 39 KOs) last fought in March, when he mounted a comeback and knocked out Luis Ortiz to score the biggest win of his career. The Alabama native has been looking for a career-defining outing, and he believes a win over Fury is just what he needs.Fury (27-0, 19 KOs) defeated Wladimir Klitschko in 2015 to win the IBF, WBA (super) and WBO belts. He vacated the belts in 2016 after it was revealed that he had failed a drug test. The Englishman returned in June after a two-year layoff to sort out personal issues and beat Sefer Seferi, who refused to come out for the fifth round. Can Wilder rise to the occasion and deliver in what will be his biggest test? Or will the “The Gypsy King” take down “The Bronze Bomber”?(All times Eastern.)Deontay Wilder vs. Tyson Fury date, start timeDeontay Wilder and Tyson Fury will meet on Saturday, Dec. 1. The fight card will begin at 9 p.m.How to watch Wilder vs. Fury liveYou can watch Wilder vs. Fury on Showtime PPV.Deontay Wilder, Tyson Fury recordsDeontay Wilder: 40-0 with 39 knockoutsTyson Fury: 27-0 with 19 knockoutsWilder vs. Fury fight cardDeontay Wilder vs. Tyson Fury for Wilder’s WBC heavyweight titleJarrett Hurd vs. Jason Welborn for Hurd’s IBF/WBA Junior Middleweight titleLuis Ortiz vs. Travis Kauffman; HeavyweightsJoe Joyce vs. Joe Hanks; HeavyweightsAlfredo Angulo vs. TBA; Super MiddleweightsJulian Williams vs. Javier Francisco Castro; Junior MiddleweightsMark Barriga vs. Carlos Licona for vacant IBF Strawweight titleChris Arreola vs. Maurenzo Smith; HeavyweightsRobert Guerrero vs. Adam Mate; WelterweightsMarsellos Wilder vs. David Damore; CruiserweightsIsaac Lowe vs. Luis Rafael Baez; FeatherweightsJesse Rodriguez vs. Alex Aragon; Junior FlyweightsAnthony Yarde vs. TBA; Light HeavyweightsWilder vs. Fury latest news – Why hasn’t Deontay Wilder become the biggest boxing attraction in the United States? Sporting News’ combat sports editor Andreas Hale gives the biggest reason.- Tyson Fury has a chance to regain the heavyweight title. Here are six of the greatest heavyweights to win back the gold.- Fury has risen to the top of the mountain and been to the depths of despair. We chronicle the uneven journey to this point.- Who wins: Deontay Wilder or Tyson Fury? Our team Sporting News Boxing team give their picks.- SN talks with the top names in the sport on who they feel walks out of LA the WBC heavyweight champion.- Saturday night is the moment Wilder has been waiting for.- Even though they are battling for heavyweight supremacy, Wilder and Fury are more alike than people think.- SN takes a delve into why Deontay Wilder vs. Tyson Fury is a must-see fight.last_img read more

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