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☆ Russia finds Kamila Valieva at no fault in Olympic banned substance controversy but world doping agency likely to appeal
▼ + stars: | 2023-01-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | David K. Li | ) www.nbcnews.com time to read: +1 min

Russian sports authorities ruled that figure skater Kamila Valieva was not at fault for testing positive for a banned substance in a ruling that's likely to be appealed, officials said Friday. The World Anti-Doping Agency (WADA) said it's "been informed by the Russian Anti-Doping Agency (RUSADA) that its disciplinary tribunal" ruled that Valieva "bore 'no fault or negligence' " for a Dec. 25, 2021 test result that came to light during the Beijing Olympics. WADA is seeking a four-year suspension against Valieva, who came into Beijing as the odds-on favorite to win gold. Her positive test for positive test for trimetazidine at the Russian Figure Skating Championships in St. Petersburg was only disclosed during the games in Beijing, casting a cloud on her performance. Valieva executed a near-flawless short program that put her atop the table, before a disastrous free skate days later sent her tumbling off the medal podium.

☆ Russian hammer thrower Litvinov admits to doping in 2012
▼ + stars: | 2023-01-13 | by ( Gabrielle Tétrault-Farber | ) www.reuters.com time to read: +2 min

GENEVA, Jan 13 (Reuters) - Former Russian hammer thrower Sergei Litvinov has admitted using banned substances and benefiting from his country's cover-up system as athletics authorities handed him a two-year suspension and voided his past results. Russia's athletics federation was suspended in 2015 over a report commissioned by the World Anti-Doping Agency (WADA) that found evidence of mass doping in the sport. Litvinov, the son of Soviet hammer thrower Sergei Litvinov, the 1988 Olympic champion, said his throws improved by nearly two metres after taking the substances. Litvinov said he handed over the details of his case to the Athletics Integrity Unit (AIU), which oversees integrity issues in international athletics, including doping. The Russian athletics federation issued a statement on the suspension but did not address Litvinov's allegation that it had pressured him to use banned substances.

☆ RUSADA rules figure skater Valieva did not commit doping offence - WADA
▼ + stars: | 2023-01-13 | by ( Steve Keating | ) www.reuters.com time to read: +3 min

Jan 13 (Reuters) - The Russian Anti-Doping Agency (RUSADA) investigation into figure skater Kamila Valieva's failed drug test has ruled that the teenager was not guilty of any doping infraction, the World Anti-Doping Agency (WADA) said on Friday. WADA said in a statement that RUSADA had determined that although Valieva had committed an anti-doping rule violation, she bore "no fault or negligence" for it. In her defence, Valieva said the positive test was the result of a mix-up with her grandfather's heart medication. CAS had cleared Valieva to continue competing at the Beijing Games in the women's singles, upholding an earlier decision by RUSADA to lift a ban on the skater. CAS had cited the fact that Valieva was a "protected person" under WADA rules as one of the "exceptional circumstances" underpinning its decision.

"Price rises are broadening more than initially expected, a trend that could continue if wages rise enough," one of the sources said. The BOJ has traditionally used core consumer inflation, which excludes the effect of fresh food but includes energy costs, as a key gauge in producing forecasts and guiding policy. In fresh quarterly projections due this month, the BOJ would probably raise its core-core inflation forecasts for the current fiscal year ending in March and fiscal 2023, they said. The BOJ will issue the quarterly forecasts after a two-day policy meeting that ends on Jan. 18. With public discontent over rising prices hurting approval ratings, Prime Minister Fumio Kishida on Wednesday urged firms to offer wage hikes exceeding the rate of inflation.

☆ Analysis: Kuroda's abrupt policy tweak opens door for bigger shift next year
▼ + stars: | 2022-12-21 | by ( Leika Kihara | ) www.reuters.com time to read: +6 min

Waiting until next year would have forced the BOJ to combat intensifying market speculation of a near-term policy shift, or act when a deep U.S. recession could hit Japan's economy, they say. "When uncertainty is so high over the outlook for U.S. monetary policy, it probably wants to have a free hand on when next to act." POLITICS KEY TRIGGERThe abrupt timing of Tuesday's move also reflects growing political pressure for the BOJ to shift away from a policy narrowly focused on its 2% inflation target, the sources say. Hours before he met Kishida, Kuroda explained in parliament a framework on how the BOJ could exit ultra-easy policy in the future. Another dovish board member, Asahi Noguchi, also said earlier this month it "won't be surprising" for the BOJ to shift monetary policy.

☆ Kenyans Kipyokei, Rionoripo handed long bans for doping, Lempus charged
▼ + stars: | 2022-12-20 | by ( ) www.reuters.com time to read: +3 min

Fellow Kenyan Betty Wilson Lempus has been charged with the presence of triamcinolone acetonide. As of the end of November, 55 Kenyan athletes were banned and eight provisionally suspended, according to the AIU. Her ban has been backdated to June 27 this year, when the AIU provisionally suspended her, and her results have been disqualified back to and including Oct. 11, 2021. Furosemide was found in Rionoripo's urine in an out-of-competition test on May 30 in Kenya, the AIU said. Athletics Kenya, the ADAK, and Kenya's minister for sports Ababu Namwamba did not immediately respond to a request for comment.

☆ BOJ must eye rate hike, shift to more flexible policy, says ex-deputy governor
▼ + stars: | 2022-12-19 | by ( Leika Kihara | ) www.reuters.com time to read: +3 min

Yamaguchi, who is considered a candidate to become next BOJ governor, said Japan is already seeing signs of "home-made" inflation, in which broadening price hikes heighten public perceptions that inflation will keep rising longer-term. If Japan's economy can withstand headwinds from an expected slump in U.S. growth, the BOJ should raise its 10-year bond yield target next year, Yamaguchi said. "One idea could be to raise the 10-year yield target and set an allowance band around it." The BOJ must also ditch a pledge to keep increasing the pace of money printing until inflation "stably exceeds" 2%, Yamaguchi said. The 2013 statement he helped draft commits the BOJ to meet its 2% inflation "at the earliest date possible."

☆ As Kuroda bows out, Bank of Japan's rising hawks eye end to unloved yield cap
▼ + stars: | 2022-12-16 | by ( Leika Kihara | ) www.reuters.com time to read: +12 min

PUBLIC DISCONTENTAfter a tumultuous year for the world's third-largest economy, Japan's central bank and its leadership face a critical moment. While ruling out the need to ditch the yield cap now, Takata recently said he saw positive developments in wage growth. "The BOJ must start worrying about the possibility of inflation accelerating more than expected," he told Reuters, adding the BOJ may abandon its yield cap as early as next year. Such a reaction was seen in March when the BOJ was forced to pledge unlimited bond buying to defend its yield cap from speculative market attacks. "That's why the BOJ won't provide advance signals and remove the yield cap in a single step."

SYDNEY, Dec 6 (Reuters) - Australia's central bank raised its cash rate 25 basis points to a 10-year high of 3.10% on Tuesday and reiterated that further policy tightening will be needed ahead, although policy was not on a pre-set path. Wrapping up its December policy meeting, the Reserve Bank of Australia (RBA) said the size and timing of future rate increases would be determined by incoming data and by the Board's assessment of the outlook for inflation and the labour market. Markets had been leaning towards a quarter-point move, although with some risk of a pause given that the drastic tightening already delivered had yet to take its full toll on mortgage repayments. This was the eighth hike since May, lifting rates by a total of 300 basis points. Reporting by Wayne Cole; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.

It had dipped to 104.1 for the first time since June 28 as traders continued to rein in bets of aggressive Fed tightening. "The dollar really kicked butt across the board," said Bart Wakabayashi, branch manager at State Street in Tokyo. The Aussie dollar rose 0.21% to $0.6713, clawing back some of a 1.4% overnight tumble. In recent days though, RBA policy has taken a back seat to optimism about an easing of strangling COVID-19 restrictions in China, a top trading partner. "We expect the RBA to change its forward guidance in a subtle but significant way from 'expects to increase interest rates further' to 'likely to increase interest rates further' or 'willing to increase interest rates further,' (which) would indicate the RBA considers it is at or at least near the end of its tightening cycle," pushing the Aussie lower.

SYDNEY, Dec 6 (Reuters) - Australia's central bank on Tuesday raised interest rates to a 10-year high and stuck with its projection that more hikes are needed, a stance taken as slightly hawkish by markets that were looking for signs of a pause in the near term. "The size and timing of future interest rate increases will continue to be determined by the incoming data and the Board's assessment of the outlook for inflation and the labour market." Some economists had been looking for a change in the forward guidance by the central bank this time. A top central banker said in November that the board was nearer to the point where it might pause on rates. The central bank had previously indicated it wanted to slow down and assess the drastic moves' effects on consumer spending, especially with a global recession looming.

With inflation expectations already "sufficiently" high, core consumer inflation could exceed the BOJ's 2% target next fiscal year, and open scope for the central bank to abandon its 0% target for the 10-year bond yield, Hoshi said. The BOJ must start worrying about the possibility of inflation accelerating more than expected." A member of various government committees and an expert on macroeconomic policy, Hoshi spoke as a panelist at the BOJ's workshop on Nov. 25 that discussed Japan's wage dynamics. Under yield curve control (YCC), the BOJ guides short-term interest rates at -0.1% and pledges to guide the 10-year bond yield around 0%. If the BOJ were to normalise monetary policy, it will do so in several stages starting with the removal of the 10-year yield target that is distorting the shape of the yield curve, he said.

Summary Tokyo Nov core CPI up 3.5% vs f'cast +3.4%Tokyo CPI stays above BOJ's 2% target for 6 straight monthsData underscores broadening inflationary pressureTOKYO, Nov 25 (Reuters) - Core consumer prices in Japan's capital, considered a leading indicator of nationwide trends, rose 3.6% in November from a year earlier, marking the fastest annual pace in 40 years in a sign of broadening inflationary pressure. The rise in the Tokyo core consumer price index (CPI), which excludes fresh food but includes fuel costs, exceeded a median market forecast for a 3.5% gain and accelerated from a 3.4% increase in October, government data showed on Friday. Core consumer inflation in Tokyo remained above the Bank of Japan's 2% target for six straight months in November, a sign that rising raw material costs were steadily pushing up a broad range of prices for daily necessities. The Tokyo core-core CPI index, which strips away both fresh food and fuel costs, rose 2.5% in November from a year earlier, pacing up from a 2.2% gain in October. Reporting by Takahiko Wada and Leika Kihara Editing by Chang-Ran Kim and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ BOJ's Kuroda vows to continue monetary easing for now, focuses on wages
▼ + stars: | 2022-11-14 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

Kuroda said the job market is expected to tighten, particularly at service sector firms, many of which employ low-paid part timers and contract workers. The annual labour-management wage negotiations next spring will likely take into account both the tightening of the job market and rising inflation, he added. "We are at a stage where we will continue monetary easing to firmly back economic activity at present," Kuroda told a meeting with business leaders in Nagoya in central Japan. "The wages hold the key to see whether sustainable inflation take hold. In that sense, tightening of the labour market may be an encouraging signal to Governor Kuroda," Takeda said.

CNN —The World Anti-Doping Agency (WADA) has referred the case of Russian figure skater Kamila Valieva to the Court of Arbitration for Sport (CAS) after deeming the Russian Anti-Doping Agency (RUSADA) has made no progress on the skater’s Winter Olympics doping case. In a statement on Tuesday, WADA President Witold Bańka said: “Despite putting RUSADA under formal notice to resolve the Kamila Valieva case promptly, no progress was made. She had tested positive for a banned substance – the heart medication trimetazidine, which can enhance endurance – in December 2021. In October, RUSADA said in a statement that it had completed its investigation but was keeping the final resolution of a case involving a figure skater, who is a member of the Russian Olympic Committee and a “protected person,” confidential. Team USA finished second in the team event, Japan third and Canada in fourth.

TOKYO, Oct 28 (Reuters) - Core consumer prices in Japan's capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on Friday, marking the fastest annual pace since 1989 in a sign of broadening inflationary pressure. The rise in the Tokyo core consumer price index (CPI), which excludes volatile fresh food but includes oil costs, exceeded a median market forecast for a 3.1% gain and followed a 2.8% gain in September. Inflation in the Tokyo area thus exceeded the central bank's 2% target for five straight months. BOJ Governor Haruhiko Kuroda has repeatedly said the bank must maintain ultra-low interest rates on the view the recent cost-push inflation will likely prove temporary. Reporting by Takahiko Wada and Leika Kihara; Editing by Chang-Ran Kim and Sam HolmesOur Standards: The Thomson Reuters Trust Principles.

☆ Simona Halep's former coach says 'no chance' she knowingly took banned substance
▼ + stars: | 2022-10-24 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

1 tested positive for a banned substance at the US Open earlier this year. According to the International Tennis Integrity Agency (ITIA), Halep tested positive for Roxadustat, which is a banned substance listed in the 2022 World Anti-Doping Agency (WADA) Prohibited List. The two-time grand slam champion, who has been provisionally suspended, denied knowingly taking the banned substance and vowed to clear her name. In a long post written on his Instagram account on Sunday, he said there was “no chance” Halep would have purposely taken a banned substance. Halep won her first grand slam at the French Open in 2018 and won her second at Wimbledon in 2019.

☆ Former world number one Halep provisionally suspended for doping
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

Oct 21 (Reuters) - Two-times major winner Simona Halep of Romania has been provisionally suspended after testing positive for the banned blood-booster roxadustat, the International Tennis Integrity Agency (ITIA) said on Friday. "Simona Halep, a 31-year-old Romanian tennis player, has been provisionally suspended under Article 7.12.1 of the 2022 Tennis Anti-Doping Programme (TADP)," the body said in a statement. Former world number one Halep described the ban as the "biggest shock of her life" and denied knowingly taking any banned substance. I have been notified that I have tested positive for a substance called Roxadustat in an extremely low quantity, she wrote on Twitter. Halep, the winner of two titles this season, ended her season early after undergoing nose surgery last month to treat breathing difficulties.

The inflation data highlights the dilemma the Bank of Japan faces as it tries to underpin a weak economy by maintaining ultra-low interest rates, which in turn are fuelling an unwelcome slide in the yen that pushes up import costs. The increase in the nationwide core consumer price index (CPI), which excludes volatile fresh food but includes fuel costs, matched a median market forecast and followed a 2.8% rise in August. "The current price rises are driven mostly by rising import costs rather than strong demand. The data heightens the chance the BOJ will revise up its consumer inflation forecasts in new quarterly forecasts due at next week's policy meeting, analysts say. With Japan's inflation still modest compared with price rises seen in other major economies, the BOJ has pledged to keep interest rates super-low, remaining an outlier in a global wave of monetary policy tightening.

☆ Japan considers steps to help with utility bill burden
▼ + stars: | 2022-09-29 | by ( Leika Kihara | Takahiko Wada | ) www.reuters.com time to read: +3 min

TOKYO (Reuters) -Japan will consider more steps to cushion the blow of rising electricity bills, a government spokesperson said on Thursday, underscoring the pressure it faces in addressing the burden on households of higher prices for imports from a weak yen. “We’ll scrutinise developments of electricity bills and consider whether further steps could be necessary,” he said. The government is expected to announce a package of measures to cushion rising inflation next month, which is likely to be funded by another supplementary budget. “If the government does take steps to curb utility bills, that will put some downward pressure on consumer inflation,” said Toru Suehiro, chief economist at Daiwa Securities. BOJ Governor Haruhiko Kuroda has ruled out raising Japan’s ultra-low interest rates any time soon, arguing that core consumer inflation would ease back below 2% next fiscal year when cost-push factors dissipate.

☆ WADA outlaws tramadol use from 2024, maintains cannabis ban
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +2 min

A pharmacist holds a bottle of traMADOL Hydrochloride made by Sun Pharma at a pharmacy in Provo, Utah, U.S., May 9, 2019. REUTERS/George Frey/FilesSYDNEY, Sept 23 (Reuters) - The World Anti-Doping Agency will add the painkiller tramadol to the list of banned substances for athletes in competition from 2024 and has maintained its ban on cannabis after a review. Register now for FREE unlimited access to Reuters.com Register"Research studies funded by WADA have also confirmed the potential for tramadol to enhance physical performance." WADA said the delay in introducing the ban until 2024 was to allow the communication of the implications of it to athletes, their entourages and medical staff. After requests from some "stakeholders", however, WADA agreed to review the cannabis ban but decided on Friday to maintain it because the use of the drug "violated the spirit of sport".

Register now for FREE unlimited access to Reuters.com Register"The weak yen is importing inflation into Japan. Core consumer inflation is set to top 3% in October," said Takeshi Minami, chief economist at Norinchukin Research Institute. Analysts expect core consumer inflation to exceed 3% in October, when many retailers plan to raise prices and the base effect of more 2021 cellphone fee cuts will drop out of the calculation. While goods prices were 5.7% higher in August than a year earlier, services prices gained just 0.2%, the CPI data showed. But its recovery has been hobbled by a resurgence in COVID-19 infections, supply constraints and rising raw material costs.

The core core index is closely watched by the BOJ as a gauge on how much of the inflationary pressure is driven by domestic demand. Headline inflation hit 3.0% in August, the highest since 1991, underscoring the pain consumers are suffering from rising living costs. "Headline inflation jumped in August to yet another high since 1991 and it still has a stretch higher to climb. read moreWhile inflation is still modest compared with many other advanced nations, a global slowdown and high energy prices are clouding the outlook. The BOJ has pledged to keep interest rates ultra-low and remain an outlier in a global wave of monetary policy tightening.

☆ WADA still monitoring Russia ahead of expiration of ban - Banka
▼ + stars: | 2022-09-20 | by ( Nick Mulvenney | ) www.reuters.com time to read: +3 min

A woman walks into the head office of the World Anti-Doping Agency (WADA) in Montreal, Quebec, Canada November 9, 2015. REUTERS/Christinne MuschiSYDNEY, Sept 20 (Reuters) - The World Anti-Doping Agency (WADA) are still monitoring testing operations in Russia ahead of the decision on whether to reinstate the country, despite complications caused by the Ukraine war, president Witold Banka said on Tuesday. The existing two-year ban from international sport imposed by WADA on Russia for widespread, state-sponsored infringements of doping regulations expires at the end of the year. "We are monitoring this issue very closely and last month I expressed my will that they have to accelerate the process. More and more it is becoming a key pillar of what we do as the World Anti-Doping Agency."

☆ Top 7 cele mai mari scandaluri din sport din ultima decadă
▼ + stars: | 2021-04-05 | by ( ) www.jurnal.md time to read: +5 min

Lumea sportului și nu numai a fost șocată, însă nu atât de mult cât a fost atunci când investigația poliției braziliene a descoperit că sportivul american inventase întreaga poveste. Lochte a fost suspendat pentru 10 luni, iar ceilalți trei au primit suspendări de 4 luni. Doar doi ani mai târziu, același Lochte a fost prins dopat și cariera sa a spiralat în adâncuri nebănuite. Sharapova a susținut că a utilizat în ultimii zece ani aceast susținător cardiac, care intrase pe lista substanțelor interzise chiar la începutul lui 2016. În urma investigației, lui Lance i-au fost anulate toate rezultatele și a fost suspendat pe viață din activitatea sportivă.

Persons: Ryan Lochte, Lochte, Bryan Colangelo, Colangelo, . Luiz, Constantin Mazilescu, Giorgio, argentinianul, Giorgio Chellini, Maria, rusoaica, Sharapova, WADA, Sepp Blatter, Lance Armstrong, Oprah . Lance Armstrong, Lance Organizations: NFL, NBA, Philadelphia 76ers, Barcelonei, Atletico Madrid, Liverpool, Liga, Australian Open, Federația Internațională, Rusiei, Cupa, FIFA, Agenția Americană, US Postal Locations: Rio, american, Italia, Albion, Rusiei, Rusia, Qatar, Franței, HGH

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