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Arsenal thrash Everton to go five points clear
  + stars: | 2023-03-01 | by ( Martyn Herman | ) www.reuters.com   time to read: +3 min
Everton, who now have only one victory from their last 27 league visits to Arsenal, had actually looked capable of taking something from the game. They remained third from bottom with 21 points having played a game more than all the teams around them. While Everton are haunted by the looming prospect of a first relegation from the Premier League, Arsenal are beginning to envisage a first title since 2004, although they still have to visit Manchester City in April. Everton stunned Arsenal 1-0 in Sean Dyche's first game in charge in early February and for 40 minutes they did an extremely effective job at nullifying them again. Everton's Idrissa Gueye gifted Arsenal a second on the stroke of halftime.
[1/8] Following a cold winter storm snow is shown on the San Gabriel Mountains behind the city of Los Angeles, California from Kenneth Hahn Park in Los Angeles, California, February 26, 2023. REUTERS/Mike BlakeFeb 26 (Reuters) - After a rare snowfall dusted Los Angeles on Saturday, Southern California is bracing for a series of weak storms that will bring wind and rain this week to coastal areas while Northern and Central California mountain communities could see more heavy snow. Over the past three days, the storm brought the rare sight of snowflakes in Los Angeles, more known for palm trees and sun. About 70,000 customers in California remained without power on Sunday, according to PowerOutage, which tracks disruptions. The Los Angeles Department of Water and Power tweeted Sunday morning it had restored power to roughly 40,000 people since Saturday morning.
Cactus League roundup: Seth Lugo leads Padres to win
  + stars: | 2023-02-26 | by ( ) www.reuters.com   time to read: +2 min
Lugo hasn't started a major league game in the regular season since 2020 and has just 38 career starts. Trent Grisham went 2-for-3 and Aaron Brooks got the win for the Padres, as they held the White Sox to four hits. Athletics 12, Diamondbacks 7Kevin Smith went 2-for-3 with three RBIs and Jace Peterson drove in two as host Oakland beat Arizona in Mesa. McLain went 2-for-2. Brewers 7, Dodgers 4Garrett Mitchell hit two home runs and had four RBIs to lead host Milwaukee past Los Angeles in Phoenix.
Gabriel Martinelli's goal just after halftime sealed the points for Arsenal to crank up the pressure on second-placed Manchester City, who were playing struggling Bournemouth later on Saturday. "We deserved the result and we are so happy with the three points," Martinelli told Sky Sports. Arsenal, bidding for a first title since 2004, have 57 points from 24 games played while champions City are on 52 ahead of their 25th game at Bournemouth (1730GMT). RELEGATION BATTLEThe relegation battle is shaping up to be especially tense this season with clubs changing positions on a weekly basis. West Ham climbed to 16th place with 23 points from 24 games, two above Everton who are third from bottom.
[1/2] The Hollywood sign is seen through clouds during rare cold winter weather, in Los Angeles, California, U.S., February 24, 2023. The storm was expected to strengthen on Friday and linger over California through Saturday, the National Weather Service said. In Southern California, "this is a rare case of a cold, significant storm event," Jackson said. SEVEN FEET OF SNOW IN SOME SPOTSEven before the latest storm in California, much of the state has experienced an unusually rainy, chilly winter. Heavy rain will inundate many parts of California through Saturday, the weather service said.
[1/5] Resident Martin Sherwin is framed by trees while clearing snow during a winter storm in Sheboygan, Wisconsin, U.S., February 22, 2023. The broad swath of the northern United States - from Washington state to New England - remained under winter weather advisories. In Wisconsin, Michigan, Illinois, Indiana and New York, high winds and freezing rains left some 900,000 homes and businesses without power on Thursday morning, according to Poweroutage.us. A separate storm spawned unusual weather in California, where much of the state was under high wind and winter storm warnings. "Big-time flakes coming down here," storm chaser Aaron Jayjack said in a video he posted on Twitter from Minneapolis.
Arsenal reinvigorated their push for a first Premier League title in two decades with two stoppage-time goals giving them a thrilling win at Villa Park. It was Arsenal's first win in four Premier League games and followed a dispiriting Wednesday night loss at home to City, who had closed an eight-point gap from a month ago. "If you want to be at the top, you are going to have to win games in many different ways," coach Mikel Arteta said. It was a big effort to play less than 72 hours ago after the (City) game that we had, and after the result that we had which obviously morally was touching." Chelsea had 17 attempts at goal, five on target, their highest shot tally without scoring at home in the Premier League since May 2021.
Morning Bid: When doves cry
  + stars: | 2023-02-17 | by ( ) www.reuters.com   time to read: +2 min
The market has succumbed to the Fed and is now pricing U.S. interest rates to stay above 5% for the year. This has pushed benchmark 10-year Treasury yields to their highest since late December, with the dollar at six-week highs. Thursday's report showed goods and services prices increased, raising questions about the goods disinflation narrative, according to strategists from Saxo Markets. UK retail data and French inflation data are on deck and will help investors to gauge the state of inflation in the region. The data comes a day after France's CAC 40 touched a record high while London's FTSE 100 continued its recent run of record highs.
Factbox: Key ECB policymaker comments since Feb rate hike
  + stars: | 2023-02-17 | by ( ) www.reuters.com   time to read: +4 min
By smoothing our policy rate hikes – that is, moving in small steps – we can ensure that we calibrate (policy) more precisely. Boris Vujcic, Croatian central bank governor, Feb. 10"I would agree that we are likely to see more rate action beyond March." Joachim Nagel, German central bank chief, Feb. 7"From where I stand today we need further, significant rate hikes." Pierre Wunsch, Belgian central bank chief, Feb. 3"I don’t think we're going to move from 50 basis points (in March) to zero. Gediminas Simkus, Lithuanian central bank chief, Feb. 3"The March rate hike is not the last one.
But core inflation is proving stubborn and could still rise from last month's 5.2%. "We have to continue to emphasize that we have this medium term perspective," Klaas Knot, the Dutch central bank chief said. It has oscillated between focusing on current inflation, future inflation and core inflation. Wages are the biggest factor in that sector's prices and services inflation is still just above 4%. So wage growth of the magnitude of 5% or more could push services inflation even higher.
Morning Bid: Growth trumps rates
  + stars: | 2023-02-16 | by ( ) www.reuters.com   time to read: +6 min
While there were some questions about seasonal adjustments in the data, economists were impressed that sales growth was pretty broad based and have scrambled to re-crunch first quarter U.S. output forecasts as a result. There may be a more mixed picture from Thursday's data slate on producer prices, housing starts and weekly jobless claims. Even though rates futures and Treasury yields ticked back a bit today, pricing now has Fed policy rates moving as high as 5.25% and staying above 5% all year. And while full-year earnings growth estimates for S&P500 companies have sunk to zero, consensus forecasts are now pencilling in a rebound of almost 12% next year. Uncertainty about the pace of growth and annual tax receipts in April makes it difficult for government officials to predict the exact "X-date", it said.
DUBLIN, Feb 16 (Reuters) - The European Central Bank still has a way to go to sustainably return inflation to its 2% target and its credibility - and ultimately its independence - is at stake, ECB Governing Council member Gabriel Makhlouf said on Thursday. "There is a risk that trust and credibility in central banks will take another buffeting from the recent high inflation," Makhlouf, governor of the Irish central bank, said in a lecture at the London School of Economics. "And, while headline inflation has declined from its end-2022 highs, in part thanks to lower energy prices, I believe we still have a way to go to return inflation sustainably to our 2 per cent target." In his speech, Makhlouf warned that central bank independence "is not just given, it has to be earned and maintained. "Trust and credibility, painstakingly built over time, can be destroyed quickly," he said.
Arteta questions officials for allowing Brentford equaliser
  + stars: | 2023-02-12 | by ( ) www.reuters.com   time to read: +2 min
LONDON, Feb 12 (Reuters) - Arsenal manager Mikel Arteta questioned a decision by match officials, saying Ivan Toney's equaliser for Brentford in their 1-1 Premier League draw on Saturday should have been ruled out for offside. "I just looked back and it is offside, yes," Arteta told a news conference. "You have to apply certain principles in defending and you do that by sticking to the rules. There was also a suggestion that Norgaard was offside before he made the assist but that did not appear to be proven. Asked about the equaliser, Brentford manager Thomas Frank said: "I agree that when they kick the ball Ethan is in an offside position.
Feb 12 (Reuters) - Video Assistant Referee (VAR) decisions that went against Arsenal and Brighton & Hove Albion in Saturday's Premier League matches were down to "human error", the Professional Game Match Officials Limited (PGMOL) said on Sunday. Across London, Brighton & Hove Albion saw their quest for European football hit a speed bump at Crystal Palace when they were held to a 1-1 draw but Pervis Estupinan's goal was wrongly chalked off for offside. "PGMOL can confirm its Chief Refereeing Officer Howard Webb has contacted both Arsenal and Brighton & Hove Albion to acknowledge and explain the significant errors in the VAR process in their respective Premier League fixtures on Saturday," it said on Sunday. "Both incidents, which were due to human error and related to the analysis of offside situations, are being thoroughly reviewed by PGMOL." Webb, a former Premier League referee, became the Chief Refereeing Officer at the PGMOL this season.
Brighton, who have not lost this year, were held to a 1-1 draw by Crystal Palace. An eight-point advantage in the table beckoned for Mikel Arteta's side but they never looked comfortable against an enterprising Brentford who should have been ahead by halftime. The visitors got their deserved point through Ivan Toney, who pounced in the 72nd minute to head in Christian Norgaard's cross. Only Harry Kane has netted more away goals in the Premier League this season than the Brentford striker. SORRY SPURSWith manager Antonio Conte back in the dugout after missing their win against Manchester City last Sunday following gallbladder surgery, Spurs made a good start at Leicester.
YAOUNDE, Feb 10 (Reuters) - At least five banana plantation workers were killed and several wounded on Friday in Cameroon’s Southwest region that is riven by separatist violence, a union leader said. The unidentified assailants shot at a truck carrying employees of Cameroon Development Corporation (CDC) - the country's largest state-owned agro-industrial firm whose workers have previously been targeted by Anglophone armed separatists fighting for an independent state. The ambush took place at around 5:30 p.m. local time near the town of Tiko after the labourers finished their work, said Gabriel Mbene Vefonge, president of the Cameroon Agricultural and Allied Workers Trade Union (CAAWOTU). They killed three other workers who were sitting in front before shooting sporadically," Vefonge told Reuters by phone, confirming that five were killed in total. Since then, thousands have been killed in the central African state, and rebels and government troops have taken turns to commit grievous atrocities.
DUBLIN, Jan 25 (Reuters) - European Central Bank policymakers Joachim Nagel and Gabriel Makhlouf said on Wednesday they would not be surprised if interest rate increases continue into the second quarter after two expected moves in February and March. Nagel said the ECB had already committed to raising rates sharply again over the next two months. Nagel, the president of Germany's Bundesbank, told Spiegel magazine that he "wouldn't be surprised if we have to keep raising rates even after the two announced steps." While euro zone inflation eased to an annualised 9.2% in December from 10.1% a month earlier, Ireland's Makhlouf said it remains "far too high." Reporting by Padraic Halpin; Editing by Frank Jack Daniel, Kirsten Donovan and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.
Irish central bank chief calls for ban on crypto advertising
  + stars: | 2023-01-25 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/IllustrationDUBLIN, Jan 25 (Reuters) - Ireland's central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not linked to any underlying assets to a Ponzi scheme. A long-time critic of crypto assets, Gabriel Makhlouf said that while they presented minimal financial stability risk for now, the Irish regulator was very concerned about the impact on retail customers. "There's a reasonable number of young adults who have put their money into crypto and there is an uncomfortable level of advertising that is targeted at that cohort. If you could find a way, I would recommend that adverts to that cohort are banned," Makhlouf told an Irish parliamentary committee. "Unbacked crypto is essentially a Ponzi scheme... People who put their money into unbacked crypo, and most of the significant stock of crypto out there is unbacked, they are essentially gambling."
A second hiker has disappeared on California’s Mount Baldy, the same mountain where actor Julian Sands vanished on Jan. 13, officials said Monday. Jin Chung, 75, failed to return from a hike and meet two others as planned Sunday, the San Bernardino Sheriff’s Department said in a statement. Helicopters and drones with infrared devices were used to try to find Sands over the weekend; high winds prevented aircraft from being used Monday, the sheriff’s department said. He was supposed to return and meet them at 2 p.m., the sheriff’s department said. His family, in a statement released by the sheriff's department, thanked the searchers who are looking for him.
Arsenal have history on side in title race with City
  + stars: | 2023-01-23 | by ( ) www.reuters.com   time to read: +3 min
The victory, clinched by Eddie Nketiah's stoppage-time strike, saw Arsenal become only the fifth team in Premier League history to hit 50 points from their first 19 games. Only Liverpool in 2018-19 failed to take the title after hitting 51 points from 19 matches, being edged by Manchester City after squandering a seven-point lead. Arsenal have a smaller advantage over City than Liverpool did, leading Pep Guardiola's side by five points, and they have played one game fewer. They've still got to play Manchester City twice and they've got them on their shoulders," he said. "They're a massive powerhouse, Manchester City and Pep Guardiola.
LOS ANGELES — Actor Julian Sands has been missing for five days since he went hiking on Southern California's Mt. Sands, 65, was reported missing in the Baldy Bowl area around 7:30 p.m. Friday, said Mara Rodriguez, a spokesperson for the San Bernardino County Sheriff's Department. Actor Julian Sands in Beverly Hills, Calif., on May 5, 2013. Richard Shotwell / Invision/AP fileThe sheriff's department recommended people heed warnings and avoid the area, where high winds and ice have made for treacherous conditions. Sands, an English-born actor, starred in the 1985 movie "A Room With a View" and other films, including "Warlock" (1989) and "Arachnophobia" (1990).
[1/2] The 76th Venice Film Festival - Screening of the film "The Painted Bird" in competition - Venice, Italy September 3, 2019 - Actor Julian Sands poses before an interview. REUTERS/Piroschka van de WouwLOS ANGELES, Jan 18 (Reuters) - British-born film actor Julian Sands, known for his starring roles in such films as "A Room with a View" and "Warlock," has gone missing in the mountains of Southern California, media outlets reported on Wednesday, citing local authorities. The Baldy Bowl, about 50 miles northeast of Los Angeles just below the Mount Baldy ski area, is a popular destination for skiers, climbers and hikers. Sands' Los Angeles-based representative could not immediately be reached for comment. Reporting by Steve Gorman in Los Angeles; Editing by Neil FullickOur Standards: The Thomson Reuters Trust Principles.
"We had an air crew up today and there were no signs of Mr. Sands," Rodriguez told Reuters by email. The Baldy Bowl, a large sloping area below the crest of the Mount Baldy ski area, is a popular destination for skiers, climbers and backpackers. Cellphone signals detected on Sunday, Jan. 15, showed Sands was then heading to the Mount Baldy area, apparently the latest indication he was still on the move. The Sheriff's Department has warned that severe winter weather, following weeks of storms that dumped heavy snow in California mountains, has made the Baldy area dangerous for outdoor recreation. Sands' Los Angeles-based representative could not immediately be reached for comment.
"(City's) Kevin De Bruyne sees it, Odegaard sees it. But I don't think any other player in the Premier League sees it open up." Having initially signed the midfielder on loan from Real Madrid, the 35 million euros ($37.46 million) Arsenal paid to make his move permanent now looks a steal. Odegaard's transformation has drawn parallels with former club captain Cesc Fabregas, who was tasked with leading the side at the tender age of 21 by ex-manager Arsene Wenger. "He has represented the values of this football club, the team... in the best possible way," Arteta said.
ARSENAL BEGIN WHERE THEY LEFT OFFWhen Mikel Arteta's table toppers went behind early on against struggling West Ham United there were mutterings around the Emirates Stadium -- with fans perhaps fearing Arsenal's pre-break momentum had been lost. TOTTENHAM CONTINUE TO PUZZLETottenham's inability to show consistency, even throughout 90 minutes, was evident again in a 2-2 draw at Brentford. But, as so often this season, they showed that when in a self-inflicted hole, they can actually look like a good side. West Ham United look a shadow of the side that were so impressive last season and a fourth straight defeat heaped more pressure on manager David Moyes. Like West Ham, Everton are just above the drop zone but a home loss to Wolverhampton Wanderers was ominous and manager Frank Lampard will need positive results quickly to silence his critics.
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