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Raiders beat Denver Broncos, deliver first home opener loss to opponent

Posted in Sports on 13th September 2011

Monday night football and the Oakland Raiders beat the Denver Broncos 23-20. The NFL record tying 63-year field goal by Sebastian Janikowski was a “disappointment”, according to him: “To be honest, I didn’t hit it that good. It barely got over the bar. I hit a 70-yarder in pregame.”

As the Raiders beat Denver Broncos, the win marks the fourth season straight in which they’ve beat the team, and for the Broncos, this is the first home opener they’ve lost since 2000. While coach Hue Jackson saw his debut win as an NFL Head Coach, the losing team’s coach John Fox experienced a loss on his debut as the counterpart.

In the other Monday night game, New England Patriots beat Miami Dolphins 38-24. Tom Brady threw for 517 years, a team record, and added four TDs to his credit, which included a 99-yard touchdown thrown to Wes Welker. The reigning AFC East Champions seem to have picked up the thread seamlessly from the last season. Brady was the unanimous choice for the NFL MVP, and he has the love and respect of his teammates, one of whom made this comment: “He’s a great quarterback and the world knows that,” said Aaron Hernandez.

Raiders beat, Denver Broncos, Wes Welker, 99-yard touchdown

Image By: BrokenSphere

Italy under debt pressure, seeks help from China?

Posted in Business on 13th September 2011

Debt pressure in Italy mounts, as the government had to apply record-high interest rates to sell them on Tuesday. Market fears are that the country is losing control over its huge public debt and that it could be the causal factor in triggering a crisis within the Euro Zone.

Prime Minister Berlusconi of Italy has confirmed that an austerity plan worth $73 billion dollars would be approved by parliament on Wednesday and that other measures are being sought to boost growth. Reports are out that Rome has also asked China to buy Italy bonds, but the euro fell against the dollar even after the results of that.

Debt pressure in Italy is now considerably high, with the debt level currently at about 120 percent of its output. Until now it has been depending on the European Central Bank, but now the surge in yields of late indicates a loss of faith in the market regarding ECB’s role in keeping the balance. With regards to China, a Treasury spokesperson confirmed that the Italian economy minister Giulio Tremonti had indeed had a meeting with officials from China but whether it was regarding a sale of bonds, as reported by the Financial Times, was not confirmed.

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