Connect with us

World

2023: 2Monahan Tells US Lawmakers That PGA Tour Was Left On its Own To Fend Off Saudis

Published

on

monahan

L.A.: Because of the United States’ geopolitical ties with the monarchy, Commissioner Jay Monahan told congressional members that the PGA Tour was “left on our own” to thwart Saudi Arabia’s attempt to monopolize the sport via LIV Golf.

On June 9, three days after the PGA Tour’s shocking revelation of an agreement with Saudi Arabia’s sovereign wealth fund and the European tour to pool commercial business and rights in a new entity, Monahan addressed the letter to several senators.

Even if it hasn’t been finalized, the agreement will end legal disputes between the PGA Tour and the Public Investment Fund. The PGA Tour retaliated by investing millions of dollars into its tournament purses after LIV Golf lured away some of golf’s best stars with signing bonuses of $100 million or more in the previous year.

When the PIF attempted to monopolize the game of golf in the United States, Monahan wrote, “We met with several Members of Congress and policy experts to discuss this intense battle and suggested ways that Congress could support us in these efforts.” “While we appreciate the written statements of support we have gotten from some members, we were mostly left to defend ourselves against the attacks, presumably because of the intricate geopolitical partnership between the United States and the Kingdom of Saudi Arabia.

This jeopardized the PGA TOUR’s long-term viability and the possibility of another ten years of expensive and time-consuming litigation.

The head of a Senate subcommittee demanded documents from the PGA Tour and Saudi golf interests three days after Monahan’s letter, which was first reported by Politico and obtained by The Associated Press due to “serious questions” about how the arrangement was reached.

The head of the Senate Permanent Subcommittee on Investigations, Sen. Richard Blumenthal of Connecticut, also stated that he was interested in learning the PGA Tour’s strategy for maintaining its tax-exempt status.

Monahan’s letter was redacted, so it was unclear who he addressed it to, but it was assumed that only some members of Congress received it.

monahan

According to Monahan, the agreement with LIV Golf, a 48-player league with a team component that competes in eight of its 14 tournaments in the U.S., was not a merger.

“We believe that we did everything we possibly could to defend what we stand for, including spending tens of millions of dollars to defend ourselves from litigation instigated by LIV Golf — significant funds were diverted away from our core mission to benefit our players and generate charity,” Monahan said.

He claimed that because a judge determined that the Saudi wealth fund was conducting commercial activity in the United States, the visit helped get a federal court decision that PIF was not protected under the Foreign Service Sovereignty Act. The 9th U.S. Circuit Court of Appeals in Denver has heard an appeal of that decision, postponing the antitrust claims until the middle of next year.

According to Monahan, the agreement with LIV Golf, a 48-player league with a team component that competes in eight of its 14 tournaments in the U.S., was not a merger.

Last week, it was announced that PIF, the PGA, and the European Tour would combine their corporate interests. This included LIV Golf, which PIF finances. The future of LIV Golf and the process for players who left the PGA Tour to compete are still up in the air.

Even in a confrontational player meeting last week at the Canadian Open, Monahan could not provide much information about the accord, referring to it simply as a framework.

Monahan said in his letter to Congress that the arrangement would permit the PGA Tour to continue operating tournaments as usual, with him serving as commissioner and New York attorney Ed Herlihy as board chairman.

Yasir Al-Rumayyan would serve as the company’s chairman, while Monahan would serve as its CEO for the new for-profit organization, which he described as a division of the PGA Tour. Al-Rumayyan oversees Saudi Arabia’s wealth fund.

monahan

Monahan’s letter was redacted, so it was unclear who he addressed it to, but it was assumed that only some members of Congress received it.

The executive committee would be made up of Monahan, Al-Rumayyan, Herlihy, and Jimmy Dunne, a member of the PGA Tour board who assisted in negotiating the agreement.

Regardless of PIF’s investment magnitude, the PGA Tour will always have the majority of the Board seats and govern this new business, according to Monahan, who added that PIF would only be a minor shareholder.

“At its core, the PIF is investing in the PGA Tour, as it has invested in other U.S.-based companies,” he said. The PGA Tour and its events will carry on as usual, having a considerable positive social and economic impact in the areas where they are held.

SOURCE – (AP)

World

Ukraine War: Zelensky Says 31,000 Troops Killed Since Russia’s Full-Scale Invasion

Published

on

zelensky

Volodymyr Zelensky claims 31,000 Ukrainian soldiers were killed during Russia’s full-scale invasion.

The Ukrainian president stated that he would not disclose the number of wounded because it would facilitate Russian military plans.

Typically, the Ukrainian government do not release casualty counts, and other estimates are significantly higher.

The defence minister said half of all Western aid to Ukraine had been delayed, costing lives and land.

Mr Zelensky said on Sunday that he would provide an updated death toll in reaction to Russia’s inflated estimates.

zelensky

Ukraine War: Zelensky Says 31,000 Troops Killed Since Russia’s Full-Scale Invasion

“31,000 Ukrainian soldiers have killed in this conflict. Not 300,000, 150,000, or whatever Putin and his dishonest circle claim. But each of these losses is a significant loss to us.”

Speaking about the war’s overall losses, Mr Zelensky stated that tens of thousands of civilians had been killed in Russian-occupied areas of Ukraine, but the exact figure was unknown.

“I don’t know how many of them died, how many were killed, how many were murdered, tortured, how many were deported.”

Ukraine rarely reports a military death toll, and other estimates suggest a far higher figure.

In August, US officials estimated that 70,000 Ukrainian soldiers had been killed, with up to 120,000 injured.

In terms of Russian losses, Mr Zelensky stated that 180,000 Russian soldiers were killed and tens of thousands more injured.

BBC Russian, in collaboration with the Mediazona website, has identified the names of more than 45,000 Russian servicemen who have perished. However, it thinks that the total number is larger than that.

In February, the UK military ministry claimed that 350,000 Russian soldiers had been killed or injured.
President Zelensky’s speech came after his defence minister, Rustam Umerov, chastised the country’s

Western partners for delays in military assistance.

“At the moment, commitment does not constitute delivery,” he added.

Ukraine is currently facing several setbacks in its efforts to expel Russia from its land.

Mr. Umerov stated that the lack of supplies put Ukraine at a greater disadvantage “in the mathematics of war”.

“We do everything possible and impossible but without timely supply it harms us,” he told reporters.
Germany warned in November that the European Union’s (EU) promise to provide a million artillery shells by March would not be met.

zelensky

Ukraine War: Zelensky Says 31,000 Troops Killed Since Russia’s Full-Scale Invasion

In January, the EU stated that little over half of these would reach Ukraine by the deadline, but the promised total would arrive at the end of 2024.

President Zelensky stated that a lack of armaments was one of the reasons Ukraine’s much-anticipated counter-offensive last year began later.

That counter-offensive was mostly unsuccessful, one of several failures for Kyiv following early victories in repelling Russia’s invasion in February 2022.

Last week, it was revealed that Ukrainian troops had withdrawn from the strategic eastern town of Avdiivka, Moscow’s largest victory in months.

Mr Zelensky further blamed the situation on dwindling Western military shipments.
Meanwhile, the Biden administration has claimed that the hold-up in Congress over a $60 billion aid plan for Ukraine led to the town’s fall.

Western leaders travelled to Kyiv on Saturday to demonstrate solidarity with Ukraine as it marked two years since Russia’s full-scale invasion.

There was an announcement that Italy and Canada had inked security agreements with Ukraine, increasing support until the country could join NATO.

Canada’s agreement comprised more than three billion Canadian dollars (£1.7 billion) in financial and military assistance.

zelensky

Ukraine War: Zelensky Says 31,000 Troops Killed Since Russia’s Full-Scale Invasion

It is not only Ukraine that is having difficulty funding its military activities. Western diplomats say Russia is also straining to send ammo and weaponry.

“Russia’s domestic ammunition production capabilities are currently insufficient for meeting the needs of the Ukraine conflict,” according to a Western diplomat.

They also stated that Moscow has only been able to augment its supply by exploring alternative sources of ammunition and weaponry, which provides a short-term answer.

Meanwhile, the director of Ukraine’s security service stated on Sunday that 47 Russian spy networks operating within Ukraine were discovered last year.

Vasyl Malik further stated that around 2,000 suspected “traitors” have been arrested since Russia’s full-scale invasion.

SOURCE – (BBC)

Continue Reading

World

Kenya Mourns As Marathon World Record-Holder Kelvin Kiptum Is Given A State Funeral

Published

on

kiptum

NAIROBI, Kenya – Kelvin Kiptum, Kenya’s world marathon record holder, was accorded a state funeral Friday after being killed in a vehicle accident earlier this month, prompting many Kenyans to call on the government to do more to protect the country’s famed sportsmen.

Hundreds of dignitaries, including Kenyan President William Ruto and World Athletics Federation President Sebastian Coe, paid their final respects to Kiptum as he was interred in Naiberi, some 6 kilometres (4 miles) from his village of Chepkorio in western Kenya.

The 24-year-old runner and his Rwandan coach, Gervais Hakizimana, died in a collision two weeks ago near the town of Kaptagat in western Kenya, in the heart of a high-altitude region known as a training ground for Kenya’s and the world’s greatest distance runners.

kiptum

Kenya Mourns As Marathon World Record-Holder Kelvin Kiptum Is Given A State Funeral

Kiptum was one of the most promising road runners to emerge in recent years, breaking the world record in only his third competitive marathon outing. Just days before his death, the world track body World Athletics certified his record of 2 hours and 35 seconds achieved at the Chicago Marathon last October.

Kiptum intended to break the two-hour marathon record in Rotterdam in April and make his Olympic debut in Paris this year.

His death echoed throughout Kenya, where runners are the biggest sports heroes, and many people have become accustomed to tragedies involving their best athletes, with dozens dying in traffic accidents or as a result of domestic abuse.

According to officials, Kiptum was driving on the night of February 11 when the car went off the road into a ditch and collided with a huge tree. He and Hakizimana died instantly. Sharon Kosgei, another passenger, was also hurt in the incident.

Kiptum, an only child, leaves his wife, Asentah Cheruto, and their two children. A High Court on Thursday declined to postpone the funeral in response to a woman’s legal claim that Kiptum fathered her kid.

kiptum

Kenya Mourns As Marathon World Record-Holder Kelvin Kiptum Is Given A State Funeral

Kiptum ran the fastest as a marathon debutant in the 2022 Valencia Marathon. The next year, he won two of the world’s most prestigious marathons: London and Chicago. He set a new course record at the London Marathon in April; months later, he set the global record in Chicago.

He became the latest Kenyan celebrity to die in sad circumstances.

David Lelei, an All-Africa Games silver medalist, was killed in a car crash in 2010. Francis Kiplagat, a marathon runner, was among five individuals who died in a crash in 2018. Nicholas Bett, who won gold in the 400-meter hurdles at the 2015 World Championships, was also killed in a car accident in 2018.

Many Kenyans believe the government should do more to protect athletes who bring international attention to their country, such as providing them with security, drivers, and advisors.

Elizabeth Wairimu, a vegetable trader in the western Kenya town of Nakuru, said the number of athletes killed in road accidents was frightening.

“I am asking myself what is the problem with our athletes,” she said. “The government should look into this… figure out what is killing our athletes. Where are we headed?”

She expressed sadness that the government was rushing through the process instead of Kiptum, who had pledged to build a new house for his parents.

kiptum

Kenya Mourns As Marathon World Record-Holder Kelvin Kiptum Is Given A State Funeral

Others in the packed market agreed with Wairimu’s comments.

“The government should not wait until the legends are dead to start caring about their welfare,” said George Thuo, a market seller.

Jimmy Muindi, a six-time Honolulu Marathon winner from Kenya, believes young athletes who reach Kiptum’s level require assistance managing their newfound celebrity status. Former marathoner Isaac Macharia concurred, stating that a support system is required to develop stars.

Jack Tuwei, the president of Athletics Kenya, urged President Ruto and MPs to find a solution to secure the athletes’ well-being and “allow them to have everything they need to be safe.”

Ruto announced that an endowment fund would be established for athletes and that the government would provide Kiptum’s widow with another house and $34,000 in support.

SOURCE – (AP)

Continue Reading

Business

The Tesla Cybertruck Is Impressive And Worrying

Published

on

cybertruck

There was a time when an electric Tesla truck, built to compete with America’s most popular goods, the Ford F-150 and Chevrolet Silverado, appeared to be the perfect way to propel Tesla into the mainstream.

Then, in 2019, Elon Musk revealed the Tesla Cybertruck, a bare metal box with wheels. It is the furthest thing from the mainstream. This truck has ardent fans and much more ardent detractors. However, it has good towing and hauling capabilities despite its edgy design limiting its usability. For some clients, the sacrifice is unquestionably worthwhile.

However, it is possible that Ford and GM are overly concerned.

If it’s a popularity contest, they win. Even after I put a rented Tesla Cybertruck next to a hot-pink McLaren supercar in a shopping centre parking lot in California, the McLaren drivers couldn’t stop chatting about the Cybertruck. The large, bright silver truck drew a crowd everywhere I went, attracting both young people waiting to see one in person and others, usually older, who had no idea what it was.

cybertruck

The Tesla Cybertruck Is Impressive And Worrying

The Tesla Cybertruck resembles nothing else on the road. Its size, which is not quite as long as a Ford F-150 but appears even larger, is also striking. Of course, once the Cybertruck has been on the market for a time, its appeal will fade.

There’s much to enjoy about the Cybertruck, but it also represents a terrible amount of personal arrogance in cold, unforgiving steel. Elon Musk, the CEO of Tesla, has prioritized design and technical goals over customer needs and concerns for other drivers’ safety. As Walter Isaacson’s latest biography of Musk explains, Musk’s obsession with this structure, built from the same steel SpaceX uses for rockets, resulted in the rectilinear mass of naked metal that I was driving through the southern California hills.

It was the most enjoyable electric truck I’d ever driven. I’ve driven practically all of the other electric trucks on the market, including Fords and Rivian, and I don’t anticipate any of them outperforming Cybertruck’s sports-car-like performance. Normally, it is not a priority in a pickup. It has exceptional acceleration and steering that feels quick, sensitive, and agile. Its powerful acceleration, fast steering, and custom-designed Goodyear truck tyres reminded me of driving the Lamborghini Huracán Sterrato, a high-performance sports vehicle outfitted with off-road tyres and higher suspension. However, the Cybertruck is significantly larger and heavier.

Even a light tap on the accelerator swiftly pushed everyone else behind. With its drive-by-wire steering system, a tiny turn of its small, rectangular steering wheel produced tight bends at lower speeds, but it was easy to keep the truck in its lane at greater speeds. With four-wheel steering, it can turn around in a smaller area than one may imagine.

Tesla did not provide CNN with a Cybertruck for testing. Instead, we rented one for more than $1,000 daily from Turo, a-to-peer vehicle rental service. (Turo does not determine the rates; vehicle owners do, and Cybertruck charges have decreased slightly since then.) My Turo host guided me through the Cybertruck’s several unusual controls – by non-Tesla standards.

Instead of a stalk, steering wheel buttons control the turn signals. (Again, this is comparable to a Lamborghini or Ferrari.) I swiped up and down on a truck icon on the centre screen to shift the truck into drive or reverse. (If the screen ever goes blank, there is a row of gear selector buttons on the ceiling, right over the windscreen.) And I had to hunt around on the touchscreen to find the control for the Cybertruck’s single massive windscreen wiper. Everything made sense after driving the vehicle for an hour.

So, what’s with the rearview mirror?
It features a rearview mirror on the windscreen, but it is largely ineffective. With the bed cover closed, nothing is visible from the back window.

Many current SUVs include rearview mirrors that double as video screens, displaying a view from a camera installed in the rear. Tesla could have employed a comparable technology but didn’t. The Cybertruck’s back video view is presented in a small rectangle on the truck’s centre screen. It’s always there while you’re driving.

cybertruck

The Tesla Cybertruck Is Impressive And Worrying

This seemingly trivial element reveals Tesla’s approach to car controls. The only justification for having the rearview video display within the rearview mirror is that this is where drivers are accustomed to viewing. Similarly, the only purpose for a turn signal stalk is because it is what people expect. For better or worse, Tesla is okay with what you’re used to.

There are indicators that this mentality contributes to greater crash rates, yet if Tesla were designing a vehicle from the start, the unusual choices would be entirely understandable.

Then there’s the Cybertruck’s unusual shape. Other firms have been producing pickup trucks for well over a century, and there are reasons why they are rarely shaped like wedges. In this case, the Cybertruck’s obvious and unnecessary desire to stand out is a hindrance.

Not suitable for freight.
If you load the cargo bed in the Cybertruck and decide you want to reach anything in the front or back window, you’ll need to begin unpacking. It is not accessible by reaching over the side of the bed. The side wall is too high.

Unlike other large trucks, the Cybertruck has nowhere to put your foot to help you reach over the cargo bed’s edge to save the back tyre, which may be sticky with mud and filth. There isn’t even much room to stand on the rear bumper.

The “frunk,” or front trunk, is a rather ineffective afterthought compared to the one on the Ford F-150 Lightning. Ford’s is just larger and has plenty of power outlets, making it a truly useful office. The Cybertruck is useful as a place to sit. However, there is a reasonably sized storage bin.

For now, the Cybertruck is also more expensive than the Lightning. The Foundation Series truck that I drove cost more than $100,000. It will be next year before Tesla says it will begin building trucks for under $60,000.

Most problematic, however, is the manufacturing quality. The cabin is relatively good, although spartan, but that’s the easy part, especially because Tesla eliminates most switches. The difficult element is creating a body from stainless steel, particularly one with relatively straight edges that do not conceal misalignments.

Body panel alignments are primarily cosmetic in most automobiles and trucks. Having large, irregular gaps between different body portions does not look nice. However, most automobiles are not composed of thick, hard-edged stainless steel. Our Cybertruck’s front corners had openings large enough to see daylight through and hard edges protruding from the body.

cybertruck

The Tesla Cybertruck Is Impressive And Worrying

I was concerned that if this vehicle collided with a pedestrian or if someone slid while climbing over the bedside, the unforgiving metal might inflict serious injury. It’s not knife-edged, but it appears to rip through the skin when it hits soft flesh with enough force. I emailed Tesla to see if they had any issues, but I am still awaiting a response. Tesla has been waiting to respond to CNN’s questions for years.

This is not a truck that customers will buy in large numbers, and it’s not simply because Tesla still needs to produce them. It’s entertaining and engaging, but there’s little need to acquire this instead of something more ordinary and useful for those who want to get the job done. It doesn’t do much better – or at least anything significant – than a Ford F-150 Lightning or a Chevrolet Silverado EV, and it will undoubtedly be worse in several critical respects.

If you want to attract a crowd, this is your ride. At least as long as the novelty lasts.

SOURCE – (CNN)

Continue Reading

Trending