“The big leagues will also be played behind closed doors”

first_imgThe major European leagues will also play behind closed doors as soon as the epidemiological situation in their respective countries allows., said to Efe Rustam Emomalí, president of the Tajikistan Football Federation, one of the few countries in the world where football is played despite the coronavirus pandemic.“We follow the instructions of the World Health Organization (WHO) and our health authorities. Since there are no restrictions (…), we have decided to play our matches, “Emomalí said in an interview in writing.BIG LEAGUES, CLOSED DOOREmomalí, one of the founders of Istiklol, winner of the last six league titles in the Central Asian Republic, stressed that the decision to play the Tajik league matches behind closed doors is “a preventive measure to ensure that players and staff are safe“I think that the major European leagues will also play their pending matches behind closed doors once the situation in their countries allows it,” he stressed.Son of the President of Tajikistan, Emomalí Rajmón, stresses that “Sport, and soccer in particular, are playing a vital role in helping the world recover from the COVID-19 pandemic and in repairing hearts and minds.Once each government and soccer federation considers that the situation in their country with respect to COVID-19 is manageable, we believe that sport will be one of the most important tools we have to help people regain normalcy“he explained.The big leagues, Spanish, English, German and Italian, have not yet ruled on when and how the competition will resume, although more and more voices are advocating playing without spectators for health reasons.TAJIKISTAN, WORLD CUP 2026Unlike the rest of the leagues that decided to go ahead with their championships – Belarus, Nicaragua, Taiwan or Turkmenistan-, Tajikistan opted for the minimum risk and played the first two days of the league with empty stadiums, although it has not registered a single case of COVID-19. Stresses that the level of Tajik football is improving by leaps and bounds thanks to investment in development projects and recruitment of young talents, which has allowed the under-17 team to qualify for the World Cup for the second time in its history. “We received the Youth Soccer Development Award from the Asian Soccer Confederation. This award is just the beginning and we are determined to grow and improve our league for years to come.. Soccer is becoming one of the most popular sports in Tajikistan, “he said. In addition, Istiklol, current leader of the Tajik league, reached the final of the AFC Cup, a tournament comparable in Asia to the League UEFA Europe.Emomalí stressed that these young footballers are integrating “little by little” into the national team and dreams that Tajikistan will play the World Cup in 2026. “The long-term strategic plan is called ‘Dream 2026’ and is primarily aimed at qualifying our national team for the World Cup. (…), we hope that this golden generation can help us achieve our dreams, “he says.IN LOVE WITH THE TAYIKA LEAGUEBecause, He says he is “honored” that Tajik soccer has caught the attention of fans around the world, particularly Spanish. “It is an excellent way to show Tajik football to our sister nations. Spanish football has always been a source of inspiration for us and it is a pleasure to have the interest of the world in these moments towards our football, “he acknowledges.As for the gesture of the Istiklol players who prayed for the Spanish people during the match against CSKA, he described it as an “emotional and beautiful gesture”. “He showed one of the most important elements of our culture, which is fraternity and mutual aid in difficult times. It is the least we can do and we hope that all countries can recover soon from this difficult situation, “said the also mayor of the capital and more than likely future president of Tajikistan. He added that all Tajik,”As soccer lovers, we really enjoy Spanish soccer and LaLigaThe banner is a form of brotherhood with LaLiga that is a great motivation for us and with which we have very good relationships. Spain, stay strong, we are with you! “He proclaimed.Regarding infrastructure, he thanked the country’s president, his father, supporting the development of the sport king with the construction of 300 fields in the last three years in all regions of the country, mountainous in more than 90 percent of its territory. And he did not forget to mention that next year the construction of a modern stadium in the country’s capital, Dusambe, will conclude. which will allow the team to play on one of the best courses in all of Central Asia.last_img read more

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Fed QE3 Asset Purchase Program to End In October

first_img in Daily Dose, Featured, Government, News October 29, 2014 430 Views Fed: QE3 Asset Purchase Program to End In October Economy Federal Open Market Committee Meeting Federal Reserve FOMC Labor Market Mortgage-Backed Securities QE3 Asset Purchase Program 2014-10-29 Seth Welborncenter_img The Federal Open Market Committee (FOMC) of the Board of Governors of the Federal Reserve System today announced that its asset purchase program, known as QE3 (quantitative easing), will end this month, citing sufficient economic growth.Following months of speculation of the end of the program, Fed made the announcement in its FOMC statement, following the FOMC’s seventh of eight meetings this year which took place today. Unlike the Fed’s first two QE programs, which were launched in 2008 and 2010, QE3 allowed for the unlimited purchase of mortgage-backed securities; the Fed planned to continue the stimulus program until the economy was deemed healthy enough.The Fed suggested in today’s FOMC statement that U.S. economic activity is expanding at a “moderate pace” since the Committee’s last meeting on September 17.The Committee cited several factors in its assessment of the state of the economy. Since the start of September, the nation has experienced solid job gains and posted the lowest unemployment rate in six years, and labor market indicators show a gradual diminishing in the underutilization of labor resources. The housing sector has been slow to recover from the crisis of 2008, but household spending rose moderately and business fixed investment is advancing.With the substantial improvement in the outlook for the labor market, as judged by the Committee, since the inception of the QE3 asset purchase program two years ago and the broader economy’s underlying strength to support ongoing progress toward maximum employment in a price stability context, the Committee decided to conclude the QE3 program this month.”The Committee is maintaining its existing policy of reinvesting principal payments from its holdings of agency debt and agency mortgage-backed securities in agency mortgage-backed securities and of rolling over maturing Treasury securities at auction,” the Committee’s statement said. “This policy, by keeping the Committee’s holdings of longer-term securities at sizable levels, should help maintain accommodative financial conditions.”In order to support continued progress toward maximum employment and price stability, the Committee decided in today’s meeting that the current zero to one-fourth percent target range for the federal funds rate is still appropriate. The Committee will assess both realized and expected progress toward the objectives of maximum employment and 2 percent inflation in order to determine how long to maintain the current target range for the federal funds rate.The Committee said it will use a wide range of information to determine how long the current target range will be appropriate, including labor market conditions, inflation pressures and expectations, and financial development readings. The current target range could be in place for a while, the Committee said.”The Committee anticipates, based on its current assessment, that it likely will be appropriate to maintain the zero to one-fourth percent target range for the federal funds rate for a considerable time following the end of its asset purchase program (QE3) this month, especially if projected inflation continues to run below the Committee’s 2 percent longer-run goal, and provided that longer-term inflation expectations remain well anchored,” the Committee’s statement said.Increases in the target range for the federal funds rate could come more quickly if the Committee’s employment and inflation objectives are met sooner than expected, the Committee said. If information indicates that the Committee’s employment and inflation objectives are taking longer than anticipated to be met, then an increase in the federal funds rate target range could come much later than expected.The Committee’s next meeting is scheduled for December 16-17. Sharelast_img read more

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