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China launches new tool to stabilize stock market, 500 billion can only be invested in stock market

On October 10, China News Service reported that China has officially rolled out a new mechanism designed to stabilize its stock market. The People’s Bank of China (PBOC) has introduced the “Securities, Funds, and Insurance Companies Swap Facility” (SFISF). This initiative will enable qualified securities firms, fund managers, and insurance companies to utilize bonds, stock ETFs, and components of the CSI 300 index as collateral in exchange for high-quality liquid assets, such as government bonds and central bank bills.

The central bank has set the initial operational scale of this new tool at 500 billion yuan, with the potential for future expansion depending on market conditions. Institutions that meet the eligibility criteria can start submitting their applications right away.

During a recent press conference organized by the State Council Information Office, PBOC Governor Pan Gongsheng emphasized the notable differences in credit quality and liquidity between government bonds and central bank bills versus other assets held by market participants. Many institutions hold assets that are currently illiquid; by participating in this swap with the central bank, they can attain higher quality and more liquid assets. This move is expected to significantly enhance their funding access and enable increased stock holdings, with the stipulation that the funds obtained through this tool can only be used for stock market investments.

A source close to the central bank indicated that this new tool greatly improves funding accessibility for these institutions while restricting the swaps to stock market investments, thereby reinforcing the stabilizing effects of securities firms, funds, and insurance companies.

Interestingly, similar swap mechanisms have proven effective both in China and globally. During the 2008 financial crisis, the Federal Reserve launched the Term Securities Lending Facility (TSLF), which allowed primary dealers to use less liquid securities as collateral to borrow more liquid government bonds, thereby facilitating market financing and lifting market confidence. This tool was also employed again during the pandemic in 2020.

In 2019, the PBOC initiated the Central Bank Bill Swap (CBS) tool, permitting primary dealers to exchange perpetual bonds for central bank bills, thus enhancing the liquidity of commercial banks’ perpetual bonds and assisting them in bolstering their capital.

“It’s essential to clarify that the swap facility does not constitute direct funding,” the source noted. The People’s Bank of China Law explicitly prevents the central bank from lending directly to non-bank financial institutions. Instead, the SFISF operates on a “bond-for-bond” basis, improving the financing capacity of non-bank entities without directly inflating the monetary base.

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Chinese tenants banned from entering the United States, Chinese landlords help -walk- luxury cars_1

In an exclusive interview, we delved into the story of a Chinese national, referred to as Xiao Dong, who has been unable to return to the U.S. due to visa complications. For years, his luxury Maserati has remained parked, while his landlord, Tina, has taken on the responsibility of occasionally driving it.

Xiao Dong had been living in Arcadia and launched a car import-export business in 2020. However, by early 2022, he found himself in a precarious situation. His tourist visa was nearing expiration, and he attempted to travel to Mexico with the hope of re-entering the U.S. to renew his visa. Unfortunately, customs officials at the Mexican border denied him entry, citing his business activities in the U.S. as exceeding the limits of his tourist visa. He then returned to Canada, where he has legal status, and sought legal help to sort out his circumstances in the hopes of returning to the States.

Tina recounted the abrupt nature of Xiao Dong’s departure. He left many belongings unpacked, and she took charge of his personal items. Despite hiring a lawyer to challenge his situation, the legal battle stretched on for over a year, ultimately resulting in a five-year ban on his re-entry into the U.S. This development has left his cherished Maserati in need of regular upkeep.

Xiao Dong purchased the Maserati in June 2021 for $40,000, putting down $7,000 and agreeing to monthly payments of about $700. Even after being barred from the U.S., he hesitated to sell the car, continuing his payments until July of this year. Tina pointed out that he only drove the car for eight months before his visa troubles began, and he now faces over $17,000 in debt on the vehicle, putting him at risk of repossession. To keep the car in good condition, she drives it regularly to maintain the battery and ensure it receives necessary maintenance, including yearly registration renewal.

Tina shared that despite his challenges, Xiao Dong paid a year’s rent in advance, holding onto hope for a return to the U.S. During this time, she refrained from renting out his room. He had left approximately $1,500 as a deposit, which she utilized for mailing important items and managing the car’s maintenance expenses. Throughout this ordeal, she has covered the costs of gas and registration while keeping the car running. However, since the loan payments have ceased, the vehicle is now at risk of repossession, which would relieve her of the obligation to maintain it.

From a legal standpoint, immigration attorney Liu Longzhu provided insight into the complexities surrounding tourist visas and business ownership. He explained that foreigners can establish companies in the U.S. without any specific identity requirements, regardless of their residency status. However, foreign nationals cannot work for the companies they own; they can only act as owners, as employment would violate the terms of a tourist visa. While investment is allowed under a tourist visa, employment is not.

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COP16 will be held on the 21st. Host country Colombia- Integrating climate and biodiversity commitments

Colombia’s Environment Minister, Susana Muhamad, recently shared the nation’s vision of leading a unified approach to climate action and biodiversity conservation. This initiative aims to merge efforts for environmental protection with climate change mitigation within the framework of United Nations negotiations.

In a report by Reuters, it was announced that the 16th Conference of the Parties (COP16) to the Convention on Biological Diversity will be held on October 21 in Colombia, with the ambitious goal of stopping the rapid degradation of nature.

Currently, the United Nations oversees three separate environmental conventions focused on climate change, biodiversity, and desertification. Minister Muhamad emphasized the difficulties faced by resource-strapped developing nations in navigating such fragmented negotiations, suggesting that these limited resources could be better allocated to create a more cohesive approach.

“If we’re having the same discussions in all three conventions, we’re wasting time and missing out on potential synergistic benefits,” she stated.

She pointed out that these synergistic opportunities include efforts to curb deforestation, which poses a significant threat to biodiversity and is also a major source of greenhouse gas emissions in many Latin American countries.

Muhamad indicated that Colombia intends to advocate for this unified strategy ahead of next year’s 30th Conference of the Parties (COP30) to the UN Framework Convention on Climate Change, set to take place in Brazil. “We want to promote a comprehensive plan that addresses all three conventions, as they are intricately linked,” she explained.

Additionally, she mentioned that at a recent meeting of Latin American environment ministers in Rio de Janeiro, Panama presented the idea of a unified commitment, which received robust support from several countries, although she chose not to disclose their names.

Furthermore, she highlighted Colombia’s recently announced $40 billion investment plan, which aims to transition from fossil fuel reliance, promote energy transformation, and support conservation efforts.

Colombia is also advocating for the integration of human rights into environmental policies and plans to introduce a “Living in Harmony with Nature” alliance at COP16.

“We genuinely believe that protecting and reconnecting with nature, alongside collaborating with diverse communities for its conservation, will not only foster peace but also enhance our resilience against climate change impacts,” Muhamad emphasized. “Ignoring climate change could lead to larger conflicts.”

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Driver charged with killing NHL’s Johnny Gaudreau and brother had .087% BAC

On August 29, the unthinkable happened when NHL star Johnny Gaudreau and his brother Matthew lost their lives in a tragic bicycle accident on a rural road in South Jersey. They were just hours away from standing as groomsmen at their sister Katie’s wedding. The driver involved, 43-year-old Sean M. Higgins, is facing serious charges after his blood-alcohol level was found to be .087, exceeding New Jersey’s legal limit of .08, according to prosecutors.

During a virtual court hearing, Higgins was charged with two counts of death by auto, reckless driving, possession of an open container, and drinking alcohol in a vehicle. Prosecutors highlighted his alleged history of road rage and aggressive driving, prompting the judge to order his detention until the trial. Disturbingly, Higgins’ wife recounted a conversation they had right after his arrest, where she confronted him about his reckless driving habits: “You were probably driving like a nut like I always tell you,” she stated, as reported by first assistant prosecutor Jonathan Flynn.

Higgins’ defense team painted a different picture, portraying him as a caring husband and father who made a critical error that night. “He’s an empathetic individual and he’s a loving father of two daughters,” attorney Matthew Portella asserted. “He’s a good person who made a horrible decision that night.” Following the crash, Higgins admitted to drinking five or six beers and acknowledged that he had been consuming alcohol while driving, a detail outlined in the criminal complaint.

The complaint sheds light on his state of mind prior to the incident, revealing he had an argument with his mother earlier in the day and then engaged in a two-hour phone call with a friend while driving with an open container. Witness accounts indicated that Higgins was driving aggressively, speeding, and tailgating another car. As cyclists approached, it’s reported that Higgins accelerated, ultimately colliding with the Gaudreau brothers without noticing them in time.

Superior Court Judge Michael J. Silvanio expressed that Higgins’ impatience was directly linked to the deaths of two people, warning that he could face a substantial prison sentence of up to 20 years. Despite Higgins holding a master’s degree and working in finance, his wife raised concerns about his drinking habits that have reportedly worsened since he began working from home during the pandemic.

Johnny Gaudreau, affectionately known as ‘Johnny Hockey’, was a beloved player with a decade-long career in the NHL, looking forward to his third season with the Columbus Blue Jackets following a lucrative seven-year contract. At the emotional double funeral for the brothers, their widows, Meredith and Madeline Gaudreau, delivered heartfelt tributes, with Madeline urging the public to refrain from drinking and driving: “Call a ride. Please do not put another family through this torture,” she pleaded.

In an attempt to secure bail, Higgins’ defense suggested that he could use a locking device to prevent further alcohol consumption while driving. However, prosecutors challenged this notion, arguing that such measures wouldn’t really tackle the “fundamental issue” of his aggressive driving behavior exacerbated by alcohol.

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Close-up- In a matter of millimeters, the -Twin Stars- of men’s tennis staged a peak showdown at the Chinese Open

“Congratulations to Carlos Alcaraz for winning the men’s singles title at the 2024 China Open!” The cheers resonated through the arena as the tournament’s second seed and four-time Grand Slam champion, Carlos Alcaraz, celebrated his victory with a triumphant fist pump, marking his first title at this prestigious event.

The final, which took place on October 2, lasted an epic 3 hours and 21 minutes, making it the longest men’s singles match in the history of the China Open. Alcaraz faced reigning champion and world number one Jannik Sinner, both of whom are seen as the leading figures in men’s tennis today.

Born in 2001 and 2003 respectively, Sinner and Alcaraz have each secured two Grand Slam titles this season, stepping into the spotlight as the torch passes from the previous generation of tennis legends such as Federer, Nadal, and Djokovic.

The pair have met nine times in Grand Slam and ATP Tour matches, with Alcaraz edging Sinner 5 to 4. This final was their tenth encounter and only the third time the top two seeds faced each other in the China Open men’s singles final, following Nadal vs. Coria in 2005 and Djokovic vs. Nadal in 2013.

The highly anticipated showdown began with exhilarating moments right from the start. Alcaraz broke Sinner’s serve in the fourth game, taking an early 5-2 lead. But Sinner responded, breaking back in the ninth game and saving a set point in the twelfth, ultimately clinching the first set 8-6 in a tiebreaker.

The second set was a rollercoaster of momentum. After eight deuces in the eighth game, Alcaraz managed to hold serve and then quickly broke Sinner, leveling the match at one set each.

Moving into the deciding set, the tension mounted as it also led to a tiebreak. Surprisingly, Alcaraz fell behind 3-0 but then surged back, scoring seven consecutive points to win the tiebreak 7-3 and secure the match.

Beyond the high-level competition, the contrasting personalities of these “twin stars” added a captivating dynamic to the game. Sinner, standing at 6’3″ from Northern Italy, possesses a lean physique and a machine-like precision in his shots, maintaining an air of calm regardless of the score. Alcaraz, on the other hand, displays a more muscular build and a flamboyant playing style, often engaging the crowd after executing impressive shots.

Despite the chilly 50°F temperature, the fans brought immense energy, cheering in multiple languages—“Forza Jannik!” and “Vamos Carlos!” echoed vibrantly as each player scored points, filling the arena with applause.

As the match ended, cameras captured a touching moment with Alcaraz’s coach, Juan Carlos Ferrero, in tears. In the post-match press conference, Alcaraz noted how significant this victory was, acknowledging the effort behind it.

Reflecting on his earlier challenges just two months prior, where he suffered a disappointing loss to Djokovic at the men’s singles final of the Paris Olympics and early exits at the ATP Cincinnati Masters and US Open, Alcaraz shared, “I was a bit down after the North American season and didn’t even want to pick up a racquet for a while. After many discussions with my coach, I realized I needed to strengthen both my body and mentality to meet challenges head-on. We’ve worked hard on and off the court for moments like today.” He added, “Competing against Sinner is a pleasure. Winning against the best players solidifies that I’m on the right track.”

Sinner offered his perspective, saying, “The margins are fine but they truly shape the match’s outcome. Each encounter pushes us to our limits. It’s an honor to compete against Alcaraz, and I’m sure we’ll meet in many more finals together.”

Later that night, around 11 PM, Sinner’s coach posted a photo on social media showing both players sitting together with their teams on the same flight. The two young stars were all smiles, with Alcaraz flashing a peace sign for the camera. After the China Open final, they were headed overnight to Shanghai for the ATP Shanghai Masters.

“This is the best tennis match of the year,” many fans commented. “They are rivals, but also friends.”

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Crying with joy in Paris, crying with disappointment in Beijing, Zheng Qinwen burst into tears twice -Learned to be patient-_1

On October 5, during the women’s singles semifinals at the 2024 China Open in Beijing, Zheng Qinwen faced a challenging match against Czech player Marketa Vondrousova. In a critical moment, she unfortunately fell while trying to make a save, injuring her finger. Ultimately, she lost the match with a score of 0-2, ending her hopes of reaching the final.

In the first set of the match, Zheng fell in the sixth game due to an effort to return a difficult shot. Despite her injury, she fought valiantly, losing 3-6, 4-6 against last year’s French Open runner-up. Her emotional response was palpable, as she was seen crying on the court after the fall.

During a medical timeout, fans noticed her red eyes as she took painkillers before returning to finish the match. Afterward, she reflected on her performance with a critical eye, acknowledging that she didn’t feel physically or mentally at her peak due to recent health issues. “I know I can do better,” she admitted.

Zheng’s journey over the past couple of months has been a rollercoaster of emotions. From tears of joy after her historic win at the Paris Olympics to the disappointment of her recent performance in Beijing, the context of her tears has shifted.

Looking forward to the Paris Olympics, she faced consecutive defeats at the French Open and Wimbledon. “The most important lesson I’ve learned is the necessity of patience,” she said. “You can have great power, but you need to know when to use it. The best players aren’t always the strongest or the fastest; it’s about making the right choices at the right time and not striving for perfection.”

At the Paris Olympics, Zheng faced extreme temperatures above 30°C while playing three intense matches over two days, ultimately winning the first Olympic gold medal in tennis singles for an Asian player. Following that achievement, she encountered more challenges at the US Open, winning two more matches in dramatic fashion, even battling until 2 a.m. during the fourth round to match her best-ever performance at that tournament.

At the China Open held at the National Tennis Center in Beijing, she demonstrated her resilience by rallying from behind to defeat both Amanda Anisimova and Anastasia Pavlyuchenkova. With those victories, she found success in the latter half of the year despite tougher competition.

“I realize that sometimes when I step onto the court, I may not be at my best. The key is finding ways to win instead of blaming the conditions,” she said. After earlier losses, she emphasized her shift in focus from technical mistakes to concentrating on each individual point, which she believes is crucial for any top athlete who rarely performs perfectly throughout a year. Adapting accordingly when not in peak form has marked her progress.

The China Open was a significant milestone for Zheng, as she reached the semifinals of a WTA 1000 event for the first time in her career. Since the China Open’s elevation to a 1000-level tournament in 2009, she became the third local player, following Li Na and Wang Qiang, to advance to the women’s singles semifinals. However, with her defeat, a spot in the year-end finals remains just out of reach.

“After the Australian Open, I struggled with consistency. Now, I feel a bit of urgency to secure my place in the finals. I need to ensure I’m performing at my best,” she concluded, reflecting on her year so far. Maintaining composure and stability after achieving success and facing setbacks has become her focal point.

Zheng views the disappointment from the China Open as motivation moving forward, as she prepares for the Wuhan Open. “I will take it match by match, focusing on recovering physically and mentally to showcase my true abilities,” she asserted.

Byzhengerya.com

City of villains- Republicans stoke fears of Democratic-run cities

**Interviewer:** George, your recent article explores the fears that conservatives have about urban centers in the U.S. Can you expand on how this fear shapes their messaging regarding crime and disorder?

**George Chidi:** Sure thing. The way crime is discussed in major U.S. cities often mirrors conservatives’ deep-seated anxiety about being governed by urban elites and Black leaders. This fear is especially intense in cities like Atlanta, which, despite its vibrant culture, has often been disparaged as a “shooting gallery” by certain political figures, including Donald Trump.

**Interviewer:** That’s a striking depiction. What are some tangible consequences of this kind of rhetoric?

**George Chidi:** The repercussions can be severe. A particularly troubling incident recently involved Mark Adams Prieto, who was arrested while heading to Atlanta with a disturbing plan connected to racial violence. His motives were driven by a combination of hatred and the ongoing fear-mongering by Republicans about cities, especially those with significant Black populations.

**Interviewer:** It seems there’s a consistent pattern here. How does this rhetoric tie into broader political strategies?

**George Chidi:** Absolutely. Conservatives have routinely targeted cities like San Francisco, New York, and Chicago, painting them as crime-laden. This tactic has roots in the narrative that emerged after Barack Obama’s presidency, utilizing crime rates to undermine Democratic leadership in urban areas.

**Interviewer:** You point out that city crime rates have historically been higher, but that doesn’t tell the whole story, does it?

**George Chidi:** Exactly. While crime rates are indeed higher in urban areas, this is largely reflective of the urban environment itself. It’s essential to recognize that crime rates have been on a downward trend over time. The more significant issue is the political power that Democrats, often led by Black officials, hold in these cities. For instance, Joe Biden’s decisive wins in cities like San Francisco and Chicago during the 2020 election heightened urgency among conservative lawmakers to diminish the influence of these urban areas.

**Interviewer:** Speaking of reducing influence, how are state governments addressing this perceived threat from large cities?

**George Chidi:** There’s a noticeable effort by conservative state legislatures to undermine local governance. They fear that progressive initiatives coming from these cities could spill over into suburban and rural regions, potentially transforming red states into purple ones. This fear translates into aggressive legislation targeting local authorities, compelling them to adhere to state-imposed mandates.

**Interviewer:** We’ve observed similar trends in states like Texas and Tennessee. Can you provide specific examples of legislative actions taken?

**George Chidi:** Certainly. In Texas, the “Death Star” bill essentially dismantles local governments’ ability to regulate crucial issues such as climate change and labor laws. In Tennessee, following concerns about police accountability, lawmakers enacted measures that constrain city governments’ oversight of police practices. These actions form part of a larger effort to limit local autonomy and control electoral processes in urban areas.

**Interviewer:** How do these policies impact communities, particularly marginalized ones?

**George Chidi:** The repercussions on these communities are profound. Legislative attempts to eliminate police oversight boards in cities like Memphis demonstrate a blatant disregard for accountability. Similarly, laws that restrict local governments from enacting protections for LGBTQ+ citizens erode democratic values at the grassroots level.

**Interviewer:** Looking ahead, what do you think is in store for these cities and the surrounding political climate?

**George Chidi:** The future is both complex and often troubling. The shifting demographics in places like Harris County, Texas, could pose challenges for the dominant Republican narrative. While they’ve made some strides with Latino voters, the persistent targeting of urban centers that predominantly support Democrats will continue to present significant obstacles. Ultimately, the GOP is facing a reckoning as urban populations grow and diversify, a reality they seem ill-equipped to handle.

**Interviewer:** It sounds like we’re approaching a critical juncture. Thank you for sharing your insights, George.

Byzhengerya.com

A fight broke out between Chinese and African Americans on 8th Avenue, several people were injured

On September 17, a violent incident unfolded on Brooklyn’s 8th Avenue, involving a clash between individuals of Asian and African descent, resulting in multiple injuries and two arrests, with one suspect facing charges. Community members highlighted the need to avoid sensationalizing such events, stating that while this incident reflects ethnic tensions, it’s crucial not to escalate hostilities between neighborhoods.

The altercation reportedly began in the afternoon when a young African American man entered a residential building at 750 54th Street, which is home to members of the Asian community and is identified by a sign reading “He Xing Tang.” The reasons behind the initial argument remain unclear, but it quickly escalated into a violent confrontation.

A nearby resident observed that the African American man appeared to be at a disadvantage in the initial encounter but left the premises, only to return shortly afterward, seemingly frustrated. This time, he came armed with a metal chain he had taken from a neighboring property and re-entered “He Xing Tang.” The presence of the weapon prompted a more aggressive reaction from the residents, leading to injuries on both sides amid significant chaos. This neighbor noted that the African American man does not live in the 8th Avenue area.

Law enforcement swiftly arrived, along with emergency responders, who transported both the injured African American man and an Asian resident to a local hospital. Two Asian individuals were arrested on the scene, with one being charged with a felony during a court hearing on September 18. A woman inside “He Xing Tang” mentioned she was waiting for someone to be released but declined to share further details.

Liu Baozhi, captain of the Asian American Civilian Patrol in Brooklyn, shared his thoughts on the situation, criticizing some social media narratives that exaggerated the incident, claiming that an individual of African descent was wielding a sword and attempted a daylight robbery. Liu emphasized that, in his view, this was merely a local dispute that escalated into a fight, urging the community to approach the matter with calm instead of rash reactions until they have a complete understanding of what transpired.

He stressed the importance of not panicking over local conflicts and avoiding the incitement of ethnic grievances or hostilities that could further inflame racial tensions. While the majority of residents along 8th Avenue identify as Asian, Liu pointed out that Sunset Park is fundamentally a multicultural community, and fostering harmonious coexistence among diverse ethnic groups is in everyone’s best interest.

Byzhengerya.com

amven2b3

**Noah Lyles Makes History by Breaking Usain Bolt’s Record in London**
On July 24, 2023, Ayo Yusuf reported on an extraordinary moment in athletics as Noah Lyles shattered Usain Bolt’s long-standing record during a thrilling event in London.

**Nigeria’s Quest for Cricket World Cup Eligibility**
That same day, our editor highlighted Nigeria’s ongoing efforts to gain entry into the Cricket World Cup by participating in matches in Tanzania.

**Zenith Bank Teams Up with RemCo Academy for Squash Tournament in Lagos**
In another exciting update, news broke that Zenith Bank has partnered with RemCo Academy to host a squash tournament in Lagos on July 24, 2023.

**Banyana Banyana Falls Just Short Against Sweden**
In other sports headlines, Ayo Yusuf shared that Banyana Banyana narrowly missed claiming their first point in the Women’s World Cup, suffering a loss against Sweden on July 24, 2023.

**Messi Scores First Goal in Major League Soccer**
On July 23, 2023, Ayo Yusuf reported that Lionel Messi has officially scored his first goal in Major League Soccer, marking a significant moment in his new chapter.

**Ola Aina Joins Team with Awoniyi at Nottingham Forest**
Also on July 23, Ayo Yusuf announced that Ola Aina has signed with Nottingham Forest, joining fellow player Taiwo Awoniyi in this notable move.

**Nigeria’s Eagles Slip in April FIFA Rankings**
Recent FIFA rankings saw the Eagles drop five positions, raising concerns among fans and analysts about the team’s current trajectory.

**Prominent Figures Face Off in Semi-Final Showdown**
Anticipation is building as Agbakoba, Falana, and other notable figures are set to clash in an upcoming semi-final that spectators are eagerly awaiting.

**NTF Clinic and Tournament Shine in Niger and Kaduna**
The regions of Niger and Kaduna are buzzing with excitement as the NTF clinic and tournament bring energy and enthusiasm to local communities.

**Nigeria Poised to Qualify for ITTF World Junior Championship**
With great potential on the horizon, Nigeria is close to qualifying for the ITTF World Junior Championship, which bodes well for the country’s young athletes.

**Foreign Players Propel Ifeanyi Ubah to the Top**
In league updates, Ifeanyi Ubah is making headlines as foreign players have played a crucial role in their ascent to the top of the standings.

**Sicilian Adu Defends Title, Moves Closer to GM Status**
In the chess world, Sicilian Adu has successfully defended his title, bringing him one step closer to achieving the prestigious Grandmaster status.

**Ikoyi Club Tennis Championship Kicks Off with Flair**
The esteemed Ikoyi Club Tennis Championship has launched in style, drawing in top competitors and garnering much attention.

**Lagos and Kwara Excelling in NTTF U-16 League**
Currently, Lagos and Kwara are leading the way in the NTTF U-16 league, showcasing their strength and talent in youth sports.

**Grant Refuses Ghana’s Apology**
In a surprising twist, Grant has turned down an apology from Ghana, leaving many observers scratching their heads over the development.

**Nigerian Football’s Challenges**
As discussions evolve, there are increasing concerns about the decline of Nigerian football and the steps needed for its revival.

**Dalung: Legal Backing Needed for Nigerian Sports**
Former sports minister Dalung has stressed the importance of establishing legal frameworks to support the development of sports throughout Nigeria.

**Support for Amaju from NFF and Inyama**
In a recent statement, the NFF and Inyama reaffirmed their support for Amaju amid ongoing debates surrounding leadership in Nigerian football.

**Ifeanyi Ubah Issues Apology to LMC**
Following recent disputes, Ifeanyi Ubah has formally apologized to the LMC, expressing a desire to mend their differences.

**Ecobank Rapid Transfer Partners with Okpekpe Race**
In an exciting new partnership, Ecobank Rapid Transfer has joined forces with the Okpekpe Race, boosting the event’s profile and reach.

**Navy Prepares for First Quarter Challenges**
The Navy is preparing for upcoming challenges as they conduct their first quarter route march, emphasizing readiness and discipline among personnel.

Byzhengerya.com

-Similarity 0- new statue of the Queen of England was ridiculed for looking like -Slim Daddy-

As we approach the second anniversary of Queen Elizabeth II’s passing, a newly unveiled statue in Antrim, Northern Ireland, has sparked considerable debate over its resemblance to the late monarch. The statue, which debuted on the 6th, faces criticism for its perceived lack of likeness, particularly in facial features, posture, and accessories. Some observers have gone so far as to liken it to Mrs. Doubtfire, the character famously portrayed by Robin Williams in the beloved 90s film.

Reports from The Guardian indicate that shortly after the statue’s unveiling, the government’s website was inundated with mockery and frustration from citizens. One commenter described the installation as “an absolute insult to the Queen,” while another firmly asserted that the statue bears no resemblance to her whatsoever. A particularly outspoken critic suggested that “those who commissioned this statue should cover the costs, not the taxpayers.”

The statue was commissioned by the Antrim Council and created by local artist Anto Brennan. In his defense, Brennan expressed how honored he felt to represent the Queen, claiming that his work aimed to capture her regal presence and reflect her elegance, determination, and dedication to public service. However, despite his good intentions, the statue has received widespread backlash over its facial features, pose, and overall presentation.

Photographs of the statue reveal that it consists of two parts: one depicts the Queen gazing into the distance, while the other features a likeness of the late Prince Philip leaning slightly towards her, accompanied by two corgi dogs at their feet.

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