Enzo Maresca urges Chelsea to exploit 'vulnerable' Tottenham but insists his players should show more discipline than he did in the Turin derby in 2002 Enzo Maresca believes Chelsea can get the better of a 'vulnerable' Spurs side Maresca is eager for his players to show more discipline than he did in 2002 It's All Kicking Off! : Why can't Chelsea win the league? They made seven changes and still scored five. Do you think Liverpool could do that? By KIERAN GILL Published: 17:31 EST, 6 December 2024 | Updated: 17:31 EST, 6 December 2024 e-mail View comments Enzo Maresca wants Chelsea to ‘exploit’ vulnerable Tottenham on Sunday, but the Blues boss has told his players to avoid being as naughty in this seething showdown as he was in the Turin Derby of February 2002. On Friday Maresca discussed the classic 2-2 draw in which he scored an 89th-minute equaliser for Juventus at the home of their rivals Torino. The Italian sparked chaotic scenes as he performed a bull-horn celebration while rampaging around the pitch, in reference to the symbol on their opponents’ badge. It was a moment which went down in Italian football history, though while Maresca wants Chelsea to take advantage of Ange Postecoglou ’s struggles, he called on his players to show more discipline than he managed all those years ago. ‘We try always to exploit,’ Maresca said of taking on a patched-up Spurs, who used Ben Davies in central defence in their 1-0 loss to Bournemouth on Thursday. ‘I think (Cristian) Romero can be back, so probably Romero can be the solution for them in this moment, but we will see. We prepare for the game thinking it will be big. It is a derby, it is Tottenham.’ On his Juventus leveller all those years ago, he said: ‘That was a long time ago. That moment was the last moment of the derby. It was a good game, a warm game. Every player lives the game, the moment, in different ways. I don’t know if they need these kind of things, but they are aware that it is an important game. I don’t know if they need something extra. ‘Today, in football, I know we have many English players but most of them probably come from abroad, they are not even aware about the derby and these kind of things. The only thing is that we try to make sure that every game they are focused and give everything. We don’t change the way we want to be aggressive depending on the other team. Enzo Maresca has urged his Chelsea team to exploit a 'vulnerable' Tottenham side Maresca wants his Chelsea players to be more disciplined than he was for Juventus in 2002 Maresca is confident that Moises Caicedo can continue his impressive form for Chelsea ‘Hopefully we can give our fans a big day, a victory in that. We prepare for the game thinking it will be big. Because first of all it is a derby, it is Tottenham. But at the end, three points against Southampton, three points against Aston Villa, three points against Tottenham, the points are the same.' Maresca added that Moises Caicedo can continue his fine form at Tottenham, saying the Chelsea midfielder has earned the right to be compared to Rodri and Declan Rice. ‘He is for sure now at that level,’ Maresca said. ‘No doubt. Unfortunately, Rodri is injured but Declan is playing. But Moises can sit at that table with that kind of midfielder.’ Maresca is also confident they can do damage as he insisted they should no longer be seen as 'Cole Palmer FC'. Chelsea Enzo Maresca Ben Davies Share or comment on this article: Enzo Maresca urges Chelsea to exploit 'vulnerable' Tottenham but insists his players should show more discipline than he did in the Turin derby in 2002 e-mail Add commentIntellectual brilliance, humility, patriotism, personal integrity and perseverance - these five characteristics arguably lifted Manmohan Singh from his humble origins in the village of Gah, now in Pakistan, to the exalted position of PM. ET Year-end Special Reads What kept India's stock market investors on toes in 2024? India's car race: How far EVs went in 2024 Investing in 2025: Six wealth management trends to watch out for Singh did his intermediate, BA honours (economics) and MA (economics) from Panjab University, securing the first rank throughout. His performance remained undiminished at Cambridge, where he breezed through the economic tripos with first-class honours. As the top student of his class university-wide, he also won the Adam Smith Prize. The cherry on the cake was his DPhil thesis at Oxford, which must be read by every policymaker, especially in developing countries. Returning from Oxford to Panjab University, where he was already a reader in economics, Singh became a full professor at 31 in 1963. In 1966, he left for New York to join Unctad. After completing the stint in 1969, he returned to India as professor of international trade at Delhi School of Economics. In 1971, Singh joined GoI as economic adviser in the ministry of foreign trade and steadily rose in rank. He first became chief economic adviser (1972-76), then secretary of the department of economic affairs (1976-80), followed by member-secretary of Planning Commission (1980-82), RBI governor (1982-85), Planning Commission deputy chairman (1985-87), secretary general of South Commission, adviser to PM on economic affairs (1990-91), and UGC chairman (1991). In his 1962 doctoral thesis, 'India's Export Trends and Prospects for Self-Sustained Growth', published in 1964 under the same title by OUP, Singh systematically exposed the folly of export controls and export duties that India imposed on tea, jute manufactures, raw cotton, vegetable oilseeds and oils. Importantly, he made a powerful case for the devaluation of the rupee when doing so was sacrilege, with Nehru describing it as 'fantastic nonsense' in 1958. 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View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Web Development A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital Marketing Masterclass by Pam Moore By - Pam Moore, Digital Transformation and Social Media Expert View Program Artificial Intelligence(AI) AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Data Science SQL Server Bootcamp 2024: Transform from Beginner to Pro By - Metla Sudha Sekhar, IT Specialist and Developer View Program So, it's no accident that when, in the wake of the 1991 balance-of-payments crisis, Singh became the 'accidental FM' - as he put it himself once, self- deprecatingly and with a touch of humour - and the time was ripe for ridding India of the pernicious import controls, he pushed for a devaluation of the rupee simultaneously with all his might. Many within and outside government had still not recovered from the memories of the debacle accompanying the 1966 devaluation and issued unsolicited warnings against any such move. Even PM Narasimha Rao, advised by such influential economists as Arjun Sengupta, was sceptical. Nevertheless, Singh persisted, convinced that import liberalisation would not succeed without a push to exports through devaluation. Rao wanted to consult the Cabinet. But Singh would have none of it, arguing that devaluation would not happen in that event. Ultimately, he prevailed, getting Rao to put his signature on the paper only they saw. What followed immediately and in the long run is, of course, well-known. The two-part devaluation, which opened the door to multiple subsequent depreciations, brought the exchange rate down to ₹47.50 per dollar by the end of 2002-03. Undervaluation of the rupee proved pivotal to the 6x expansion of merchandise exports in current dollars between 2002-03 and 2011-12. As FM, Singh also played a critical role in unleashing financial-sector reforms and fiscal consolidation. The search for additional revenues initiated the partial disinvestment of public sector enterprises. These reforms were critical to one of the quickest recoveries in history, with the economy growing 6.4% annually from 1992-93 to 1996-97. Though Rao lost the election in 1996, never to return to politics, Singh continued. Eventually, in 2004, he returned as PM. While he assembled what the Financial Times hailed as the 'dream team' of economic reformers, internal party politics tied his hands this time. Even so, he battled on, bringing the top customs duty from 20% in 2004-05 to 10% in 2007-08, and trimming the small-scale industries reservation list. Unfortunately, fiscal discipline weakened, beginning in 2008-09. Though his huge success in securing the US- India nuclear deal in 2008 brought him back to office following the 2009 parliamentary election, economic reforms suffered a setback. India saw the return of Nehru-Indira-era socialism in the Right to Education Act, the Land Acquisition Act, retrospective taxation and a de facto ban on environmental clearance on infra projects. Without exception, those lucky enough to have met him would notice and admire his enormous humility. I first met him in 1987 on a visit to India from the US when he was Planning Commission deputy chairman. At this stage in my career, getting an audience with someone in such an exalted position was unthinkable. But Jagdish Bhagwati encouraged me, telling me to drop a line to Singh using his reference. I did so, and sure enough, the call came. That was a most memorable experience for a young economist who knew nothing of policymaking. Thank you, and goodbye, Dr Singh. May you rest in peace.
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Quanex Building Products Announces Fourth Quarter and Full Year 2024 ResultsTottenham head coach Ange Postecoglou has said he does not regret his confrontation with supporters at Bournemouth on Thursday, insisting he will never back down from doing "the right thing". Postecoglou exchanged heated words with fans in the away end after full-time of Spurs' 1-0 loss at the Vitality Stadium. The Spurs manager revealed his wife disapproved of his behaviour but, speaking ahead of Sunday's derby against Chelsea , said he had no regrets about the incident. "No, they felt like they needed to give me feedback, so I thought I’d get close enough for them to make sure they were heard," Postecoglou said. "Hopefully after 18 months, you [the media] have realised that I am who I am. I don’t really care. "Whether people think I’m an easy target, soft target. I’m going to shy away from it. I’ve fought my whole life and I’m not going to race down the tunnel because some people feel like they need to give me some direction. It doesn’t bother me, it doesn’t. "From my perspective, what motivates me and what drives me on a daily basis is to continually stay true to my values and what I believe is the right thing to do in every situation. Maybe people thought it wasn’t the right thing to do. My wife certainly didn’t. "So I got some feedback there as well. But that’s ok. I’m not going to change. It’s who I am, mate. I’ve been like that my whole career and I won’t change.” Postecoglou approached fans after his players had received a mixed reception from the travelling support and could be seen pointing to his chest during the exchange. Asked if he was taking responsibility for Spurs' performance and result, he said: "Yeah, [I was saying], 'It’s on me but also whatever you’ve got to direct, direct it at me. And I’m listening. I’m listening, I’m looking, I’m understanding.'" After last season's home game with Chelsea, Postecoglou's side were applauded off after bravely sticking to Postecoglou's high defensive line and attacking principles, despite having two players sent off before the hour and losing two more to injuries. Asked about the connection with fans, Postecoglou admitted that he would have "to find a way" to get the majority of supporters behind him, adding: "That will be dependent on what people see, what people feel. "The only way I can affect that is by what we produce on game days. "I’ve got to concentrate on the controllables, and the controllables are the team, how we prepare, how we play and hopefully through that vehicle we get everyone on board. "I’m sure at other clubs, if you stick to a plan and go through difficult moments, there’s dissension among supporters in these moments. You forget about that when you’re on the other side. Yeah it’s about winning but it’s about belief as well in what you’re doing sometimes. You look beyond the results I think. "That’s what happened at the start of my tenure last year. We lost against Chelsea but there was a sense that we were building something. Obviously it kind of went off the rails after that game. It’s not just about winning, but where we are right now it will certainly help." A depleted Spurs, who were again missing seven players to injuries, illness and suspension, started well against Bournemouth but they were abject after Dean Huijsen ghosted in at the far post to head home a corner after 17 minutes. "It can’t be a physical thing when it happens early in the game, I don’t think," Postecoglou said, when asked what went wrong on the south coast. "It’s not a physical thing. We started the game well. It’s not like we started sluggishly. The first two chances that came fell to Deki and Dom. Two chances where you go: ‘Ok, we’ve started the game really well.’ “And literally the first time they go up, they get a set-piece and they score an unopposed header. That kind of tells you that, nah ... You can’t go into a game like that and allow the opposition then to take control of the game. "We prepared ourselves for a tough game, that was going to be tougher than any other game we were going to face last night. And the disappointing thing is, like I said, that in a game where we started well, we once again allowed the opposition to play the game on their terms by us lacking discipline and conviction in a key moment. And we can’t keep doing that."‘Not good enough’: Meta probe flagged as fake Albanese makes Facebook comeback
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For most art-world buyers, a work unsubtly called “Comedian” lacked a certain a-peel. It’s little wonder: “Comedian” is actually just a banana duct-taped to a wall. Created by Italian artist Maurizio Cattelan, the piece debuted at the 2019 Art Basel fair in Miami, where it caused a sensation but also earned as many chuckles as critical plaudits. But on Wednesday, Cattelan got the last laugh as “Comedian” sold for $6.24 million, including $1 million in fees . The buyer was soon revealed to be Justin Sun, a 34-year old cryptocurrency platform founder from China and based in Switzerland. Sun confirmed the purchase on his X feed , writing that it represented “a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community.” “I believe this piece will inspire more thought and discussion in the future and will become a part of history,” Sun wrote, adding he would personally eat the banana “as part of this unique artistic experience, honoring its place in both art history and popular culture.” A Sotheby’s executive, meanwhile, hailed the purchase as emblematic of someone seeking to address art’s biggest questions. “How do you value what, for me at least, is one of the most brilliant ideas in the history of conceptual art,” David Galperin, Sotheby’s head of contemporary art for the Americas, said in a release. “And what better place to ask that question than in our salesroom, where tonight the answer came in at a resounding $6.2 million.” Yet in much of the broader art world, Sun’s winning bid was met with a shrug. Continuing a recent trend, 2024 has seen some of the worst sales in decades , and the purchase of “Comedian” is unlikely to move the needle one way or the other, said Alex Glauber, founder of AWG Art Advisory and president of the Association of Professional Art Advisors. “I don’t think it’s an indication of anything,” Glauber said of the “Comedian” sale. He compared it to the purchase in 2017 of Leonardo d a Vinci ’ s “ Salvatore Mundi ” for a then-record $450 million, which occurred at a time when the demand for “old masters,” or classic, traditional artworks, was waning in favor of contemporary works. Likewise, “Comedian” is being considered something of a one-off, Glauber said. While $6.24 million might seem like an eye-watering price for such a work, its very absurdity goes hand-in-hand with the nature of the piece and does not necessarily speak to wider purchasing trends. “It’s about holding a mirror up to the art market, while channeling a legacy of conceptual art going back to Duchamp,” Glauber said, referring to artist Marcel Duchamp, whose submission of a urinal he dubbed “Fountain” to an art exhibition in 1917 is considered a foundational moment in conceptual art. “So in a way this work is self-reflexive — and the more it sold for, the more it proved its own concept.” The rest of Sotheby’s Wednesday auction is arguably more indicative of the art market’s doldrums: Sotheby’s “Now” portion of the evening, which showcases art produced in the last 20 years, saw $16.5 million in total sales, beating estimates but coming in far below the $72.9 million seen for the equivalent “Now” auction in 2022, according to The New York Times. In a recent paper, Jianping Mei and Michael Moses of JP Mei & MA Moses Art Market Consultancy found that the average return on art sold in the first of half 2024 was just 0.1%, the lowest yield since 2000 — with half the works selling at a loss. “How bad is it? It’s as bad as it gets,” Moses told NBC News. “It’s been a difficult period for the art market.” One big reason is simply that other investments, like stocks and gold, have seen far greater returns this century, Moses said. And while some who have capitalized on those assets will inevitably purchase art, artworks themselves have their own rates of return that depend more on evolutions in taste that don’t correlate with wider macroeconomic trends. What “Comedian” may signal instead is an expansion of the kinds of goods that cryptocurrencies can buy, as those financial instruments continue to witness stunning price increases. This year, the price of bitcoin has more than doubled , and is now approaching $100,000. Sun, the “Comedian” buyer, used his own cryptocurrency, TRX, to make the purchase, Sotheby’s said. According to CoinMarketCap, the market value of all outstanding TRX coins as the sale occurred equated to more than $12 billion, with Sun himself boasting a net worth of $1.5 billion. According to the Robb Report , cryptocurrency use in high-end purchases for everything from real estate to yachts to jewelry has increased in turn. Yet even those purchases may not represent the norm. Robert Allen, a South Florida-based attorney who specializes in yacht deals, said people who are newly wealthy from cryptocurrency price increases appear to be prioritizing financial goals that were once previously attainable but which several years of soaring consumer prices and high interest rates have made more difficult. “Inflation has taken the American dream away from millennials and younger generations,” he said. “But for a certain sector that has invested in crypto, when it makes a hit, they’re making down payments on houses, maybe taking a trip to Europe or around South America. I don’t think there’s going to be an explosion in high-end luxury yet.”None
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