Diego Maradona fined for dedicating club win to Venezuela President Maduro

first_imgDiego Maradona fined for dedicating club win to Venezuela President MaduroDiego Maradona dedicated a recent victory by the Dorados, the football club he coaches, to Venezuelan President Nicolas Maduro and got fined by the football federation.advertisement Reuters Mexico CityApril 9, 2019UPDATED: April 9, 2019 12:14 IST Diego Maradona had been fined an unspecified sum by the Mexican football federation (IANS photo)HIGHLIGHTSDiego Maradona dedicated a recent Dorados win to Venezuelan President Nicolas MaduroMaradona had been fined an unspecified sum by the Mexican football federationHe violated the federation’s code of ethics which mandates political neutralityDiego Maradona has been fined for dedicating a recent victory by his Mexican club to Venezuelan President Nicolas Maduro, Mexico’s football federation said on Monday.The Argentine great, who coaches Dorados de Sinaloa, had dedicated a 3-2 win over Tampico Madero to Maduro and Venezuela in a news conference at the end of last month.The body said in a statement that Maradona had been fined an unspecified sum for violating the federation’s code of ethics which mandates political neutrality.Maradona had said he was dedicating the victory to Maduro and Venezuelans caught up in an economic crisis. He also criticized US President Donald Trump.Also Read | Diego Maradona released from hospital after routine operationAlso Read | Diego Maradona expresses desire to coach Argentina for freeAlso Watch | Cristiano Ronaldo not the greatest. I am: Diego Maradona to India TodayFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byRoshni Tags :Follow MaradonaFollow Nicolas MaduroFollow Football federationFollow Venezuela Nextlast_img read more

Global foreign direct investment remained flat in 2003 UN

The UN Conference on Trade and Development (UNCTAD) said investment inflow figures for all countries were $651 billion in 2002 and $824 billion in 2001, down from $1.4 trillion in 2000.”The continuing low value and number of cross-border mergers and acquisitions (M&As) – the key driver of global FDI flows since the late 1980s – contributed heavily to the downturn,” the Geneva-based agency said in a summary of an upcoming report.UNCTAD predicted, however, that FDI flows would rebound next year, boosted by the improving global economy, higher corporate profitability, recovering M&A transactions and growing investor confidence.For the United States, the figures dropped from $144 billion in 2001 to $30 billion in 2002, but rose to $86.6 billion last year. Among other developed regions, the European Union declined from $389.4 billion in 2001, to $374.4 in 2002 and $341.8 in 2003.Developing countries attracted 209.4 billion in 2001, $162.1 billion in 2002 and $155.7 billion in 2003. Most of this FDI went to the Asian and Pacific countries, where the figures were $106.9 for 2001, $95.1 billion in 2002 and $99 billion in 2003. China set a new record for itself, pulling in $57 billion in 2003, UNCTAD reported.Further information on global FDI trends will be released in the World Economic Situation and Prospects 2004, to be issued by the UN later this week.Government trade ministers come together every four years to set UNCTAD’s priorities and guidelines for action. This year’s session, known as UNCTAD XI, the 11th ministerial-level meeting, will be held in Sao Paulo, Brazil, from 13 to 18 June. read more