The search for survivors continues. Blatter and platini have been banned for eight years by f. I. F. A. s Ethics Committee. Blatter was suspended from the govern body back in october. He says his explanation of a payment made to Vice President to platini in 2011 was not convincing. Both have denies wrongdoing and blatter is expected to hold a News Conference shortly. Joining me live from zurich is our correspondent appeal reece. Both banned. Is that the end of the story now. Do we all move on . Reporter yes. Well, the bans are definitely the biggest part of this. We were expecting a ban of about seven years for both of them. Eight years weep werent far off. For blatter if this ban is upheld, it essentially means he leaves as president of f. I. F. A. In disgrace after 17 years in charge. He was hoping to use the congress when his successor will be named in february as a try um font triumphant period. What is more pertinent is the ban for platini. Eight years for him. That means that he
Markets typically respond to rate hikes and whether this time will be any different. Obviously weve heard how the playbook usually goes in this time. Look, the fest rate hike usually is absorbed okay by the stock market. Theres that old saying, you know, three steps and a stumble or three jumps and a stumble. I have been focussing on the fact that in general were farther along in economic and the market cycles than we typically are when we get to the first rate hike like so many others things. This element of this cycle is different. You have Profit Margins that have already been higher and profits have been falling for companies. Obviously stocks are somewhat more expensive. Were actually down a couple of . I hi a lot of this kind of fouls the picture a little bit in terms of whether history can be a decent guide as to how the markets deal with this. You make the point that unless some if no immediate rupture occurs, posthike, you might see some buyers come in and you decide the water
Transcom Digital announced the much-anticipated launch of their new AC brand, Candy Air Conditioner on 19th December 2023 in Dhaka. Available in two exceptional series: Performcool (Fixed Speed) and Comfortcool (Inverter Series), this unveiling marks a significant step forward in providing cutting-edge cooling solutions to consumers in Bangladesh.
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IBIDEN Sets Mid- and Long-Term Objectives to Achieve Environmental Vision 2050 iconnect007.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iconnect007.com Daily Mail and Mail on Sunday newspapers.