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Bloomberg Rate-Hike Bets in Emerging Markets Getting Excessive, Funds Say (Bloomberg) — When it comes to betting on higher borrowing costs in the developing world, some investors may be getting ahead of themselves.In markets from South Africa to Mexico and South Korea, traders are penciling in a faster pace of interest-rate hikes than what economists say is currently warranted based on the inflation outlook.“Almost all of them are overpricing tightening,” said Shamaila Khan, head of… Source link

(Bloomberg) — The world’s biggest meat supplier has become the latest casualty of a cybersecurity attack, posing a fresh threat to global food security already rattled by the Covid-19 pandemic. JBS SA shut its North American and Australian computer networks after an organized assault on Sunday on some of its servers, the company said by email. Without commenting on operations at its plants, JBS said the incident may delay certain transactions with customers and suppliers. The attack… Source link

Joel Embiid won’t return in Game 4 due to right knee soreness originally appeared on NBC Sports Washington Philadelphia star center Joel Embiid won’t return in the second half of Game 4 against the Wizards in the first round of the NBA playoffs on Monday.  Embiid hit the floor hard after attacking the rim with some force, but Washington center Robin Lopez stood tall to his steam-rolling effort and blocked his shot before Embiid was sent backward to the ground, awkwardly bending his right… Source link

Photo Illustration by The Daily Beast / Photos Linkedin/Facebook The daughter-in-law of British political and business titan Lord Michael Ashcroft was charged Monday with manslaughter by negligence in the shooting death of a top police officer in Belize. The arraignment of Jasmine Hartin, 38, comes three days after she was initially detained—after being found spattered with blood on a dock where she and Superintendent Henry Jemmott had been socializing alone after curfew. police… Source link

A Belgian weightlifter facing the prospect of competing against a transgender athlete at the Tokyo Olympics calls the situation “unfair.” Anna Vanbellinghen spoke out against the eligibility of New Zealand’s Laurel Hubbard, who is on track to compete in the +87kg super heavyweight division at the upcoming Tokyo Games. Hubbard, 43, used to compete as a man. She transitioned at 35 years old and is eligible under International Olympic Committee guidelines to participate in Olympic… Source link

The biggest controversy of the 2021 French Open came to an end on Monday with Naomi Osaka’s withdrawal, but the debate around the four-time Grand Slam champ figures to continue for some time. Osaka announced her withdrawal from the tournament via a Twitter statement after she was fined and threatened with a default for refusing to speak with the media, a choice she ascribed to concerns about her mental health. The situation has sparked a loud conversation about the mental health of athletes… Source link

The opening round of the NBA playoffs has been overshadowed by repeated incidents of fan abuse toward players. The documented incidents so far had involved home fans hurling objects, spit or epithets at visiting players and their families. That is until Immanuel Quickley revealed he was the object of bad behavior at Madison Square Garden. The New York Knicks rookie told reporters on Monday that a fan threw a beer in his and teammate Nerlens Noel‘s direction during last Wednesday’s Game 2 win… Source link

Jake Paul has his next opponent, and it’s a good friend of his last one. The YouTube star and former UFC welterweight champion Tyron Woodley have agreed to deal for a boxing match, according to The Athletic’s Mike Coppinger. Paul is coming off a first-round knockout win against Ben Askren, another former UFC fighter. The fight was significantly one-sided, with Paul heavily out-striking the former Bellator champ. Woodley is well-aware of that fact, having been in Askren’s corner for the… Source link

The fortunes of the two Los Angeles NBA franchises are on opposite ends of the playoff roller coaster, the pendulum swinging wildly over the past seven days. It was all good just a week ago for the Lakers, the proud champions who seemed poised to find stable ground after an injury-filled and draining season but now are at the doorstep for more trouble, tied with the Phoenix Suns after four games. The Los Angeles Clippers just pulled themselves from that doorstep, leaving the neighborhood of… Source link

Naomi Osaka, locked in a test of wills with the French Open about her media obligations, withdrew from the major championship Monday, citing mental health concerns. Osaka had refused to meet with the media during the tournament. She said it was in an effort to avoid what she considered a stressful and potentially unhealthy situation. The French Open, like all tournaments, requires such sessions, citing the need for publicity to drive ticket sales, television ratings and sponsorships. Osaka had… Source link