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The Indian hockey team in Bhubaneswar during the 2023 World Hockey Cup. (Twitter/@TheHockeyIndia) Last week India failed to reach the quarter finals of the World Cup Hockey tournament after losing to New Zealand , a team ranked six places below it. For the record India hasn’t entered the medals round of the quadrennial event for 48 years. But a bronze medal at the Olympics in 2021 and the privilege of playing at home cheered on by thousands of fans, gave rise to hopes that this time the well-trained team would go deep, at least into the last four stages . In the event, it struggled to beat a young Spanish side and later a Wales team playing in its first ever World Cup. Against New Zealand, the Indian team had a comfortable 3-1 advantage with 20 minutes left. But with the Kiwis capitalized on its opponent’s mounting anxiety and India just seemed to crumble. Not too long ago, the even more fancied Indian cricket team had lost to the same country in the finals of … [Read more...] about Hockey debacle highlights Indian sports teams’ tendency to choke

The World Bank slashed its growth forecasts for most countries and regions and warned that new adverse shocks could tip the global economy into a recession. Global gross domestic product will probably increase 1.7% this year, about half the pace forecast in June, the Washington-based lender said Tuesday. That would be the third-worst performance in the last three decades or so, after the contractions of 2009 and 2020. The bank, which also cut its growth estimates for 2024, said persistent inflation and higher interest rates are among the key reasons. It also cited the impact of Russia’s invasion of Ukraine, and a decline in investment. “The crisis facing development is intensifying” and the setbacks to global prosperity will likely persist, World Bank President David Malpass wrote in a foreword to the bank’s semi-annual Global Economic Prospects report. He said GDP in emerging-market and developing economies at the end of next year will be about 6% below the level … [Read more...] about World Bank cuts 2023 forecasts and warns of global recession

Share to Twitter Share to Linkedin Set on the Island of Montreal, the city of Westmount is home to some of Canada’s most affluent neighborhoods. But Westmount is not only home to wealthy residents. It boasts notable ones as well. The late singer-songwriter Leonard Cohen was born there, and United States Vice President Kamala Harris attended the local high school. Filled with stately multimillion-dollar houses representing a variety of architectural styles, the area’s tree-lined streets give way to parks and, in some parts, upscale shops and boutiques. Among the luxury residences now available for purchase in prestigious Upper Westmont, an enclave of large estate homes, is a fully renovated three-story built in 1988. Arch-topped dormer windows punctuate the stone-and-brick mansion’s mansard roof. Tuscan columns support a semicircular portico, which is flanked by bay windows. Shutters frame the second-level windows. Attention to detail is … [Read more...] about A Standout Estate Asks $13 Million In Quebec’s Prestigious Westmount