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Technology Industry Risk in the BRIC – Where Should Your Firm Invest in 2013?

Without a doubt the BRIC countries (Brazil, Russia, India and China) – four of the world’s largest emerging economies, have massive economic and investment potential, especially within the technology industry. According to Euromonitor International if the BRIC countries are able to maintain their current growth rate, the combined economies of these four global powerhouses could be worth more in US dollar terms than the G6 (Germany, France, Italy, Japan, UK and the US) by 2041. Both the Gross Domestic Product (GDP) and the Personal Disposable Income (PDI) have developed exponentially among the BRIC nations over the last decade. This growth has fueled numerous Public-Private Partnerships (PPP) across each country making Foreign Direct Investments (FDI) a formidable business venture for any major corporations. PPP deals can often be complex, financially demanding and extremely time consuming with projects lasting several years. However, under the right economic conditions and proper business strategy, they can offer significant benefits to the private business sector, the consumer and national governments. Each country may pose a different risk and the success of these projects would largely depend on the country’s ability to handle such risks and minimize interruptions to the projects. Our paper examinees the comparative risk, opportunity, overall economic climate, comparative industry market potential and structure within each BRIC countries and ultimately making a recommendation on which country to invest within the technology sector.

Brazil

According to data compiled by the Economist Intelligence Unit, Brazil is currently at a score of a «BBB» in its overall country risk assessment. This is otherwise known as an «investment grade status. Based on this assessment, Brazil is considered to be a low-moderate risk country to invest in depending on agency rating. Brazil is abundant in natural resources like quartz, diamonds, chromium, iron ore, phosphates, petroleum, mica, graphite, titanium, copper, gold, oil, bauxite, zinc, tin, and mercury. According to Bloomberg Media «Its natural riches have since propelled this nation of 200 million people to the top tiers of global markets. Brazil’s economy has ascended the ranks of the world’s largest, from 16th in 1980 to 6th today.» Brazil’s large government debt and economic deficits in the 1990’s facilitated private investment in various industries. The Brazilian Privatization Program from 1990-2002 led to privatization of 33 companies, an estimate 105 Billion in national revenue and increment in the investment opportunities, particularly within the technology driven telecommunications industries which represented 31% of this movement.

Reports regarding Brazil’s economic future have varied widely. Despite unstable performance results across Brazil’s five regions reported this year, the economic outlook for Brazil is fairly positive. The Wall Street Journal recently reported Standard & Poor’s downward revision in Brazil’s outlook to «negative» from «stable. » According to the Economist Intelligence Unit «long-term growth forecast anticipates more rapid average annual GDP growth over the next 19 years (3.8%) than over the past 25 (2.8%). Improvements in infrastructure and education, trade expansion, a broader presence of multinational business, a reduction in the debt-service burden and the development of Brazil’s huge oil reserves will mitigate slower labor force growth and help to sustain labor productivity growth at 2.7%.»

The current political focus In Brazil is rapidly shifting to next year’s general election. President, Dilma Rousseff (of the leftist Partido dos Trabalhadores) who became the first female president in the nation’s history in 2010, announced her bid for another four-year term this past February. President Rousseff remains extremely popular despite corruption scandals, weak economic growth and a resurgence of inflation, particularly due to the fact that unemployment remained low at 5.8% when compared to historical trends. With respect to political risk Brazil is moderately stable in comparison to other BRIC nations. «Campaigning for the October 2014 elections in Brazil has already begun, President Dilma Rousseff’s popularity has helped reduce the scope for sensitive reforms and contaminating the policy environment», according to the Economist Intelligence Unit.6 Furthermore, President Rousseff was ranked by Forbes Magazine as the #2 most powerful woman in the world. Many International investors are attracted to Brazil because of its stable political and economic environment; however they do face very high levels of bureaucracy, taxes, crime and corruption that typically are far greater than in their home markets.

Brazil’s economy is slowly recuperating from the 2011-12 downturns, but Brazil’s potential growth rate is much lower than in 2004-10, when it grew by 4.5% annually. According to the Economist Intelligence Unit «The financial services sector will grow above the overall rate, but it will lose some dynamism as credit growth slows. Credit has more than doubled since 2003 in GDP terms, to 53% as of February 2013.»

«With respect to financial risk, the Brazilian financial system is exposed to the effects of volatile international markets, especially for commodities and capital. Over the past decade, Brazil’s financial sectors assets have doubled particularly due to expansion of the securities and derivatives markets, and heavy investments from home and abroad.

According to the Economist Intelligence Unit «With an estimated population of 195m and GDP of US$2.3trn in 2012, Brazil has the largest financial services market in Latin America. However, income and wealth remain highly concentrated. A continued trend towards formalization of businesses and the labor force will support financial deepening. Rising incomes will lift demand for financial services, but Brazil’s labor-market dynamics are becoming less favorable than in the previous decade.»

Some economists have suggested that Brazil may become a victim of its own success. The gross public debt ratio remains high forcing the government’s borrowing requirement to also stay high. According to Dimitri Demekas assistant director in the IMF’s Monetary and Capital Markets department «Rapid credit expansion in recent years has supported domestic economic growth and broader financial inclusion, but could also create vulnerabilities.» Nevertheless a series of additional infrastructure improvements, it’s growing population, abundant natural resources and anticipated investments from the forthcoming 2014 world Cup and 2016 Olympics promise to keep Brazil at the top of global financial strategies for the years to come.

According to the Economist Intelligence Unit, using the average industry risk rating for the technology sector in 2013, Brazil scores a 43.5. In order to examine the risk vs. return, we pair this with the Economic Intelligence Units business environment score. Given on a scale of 1-10, we multiply this by 10 for purposes of comparison throughout this paper; we get 66.9 for Brazil, representing an excellent opportunity within the technology sector.

Russia

According to data compiled by the Economist Intelligence Unit, Russia currently is scores a «C» value, (54 points) in its overall risk assessment. Based on this assessment, Russia is considered to be a moderately risky country to invest in. Some of those risks include the «opaque and corrupt administration, over-reliance on commodities production and the ill-functioning judiciary.»

With respect to political risk, Russia scored a «C» value (55 points) according to the Economist Intelligence Unit. President Vladimir Putin has seen various protests during his many terms, however; the country is not booming as it was in the decades immediately following the Cold War. It is evident that the government is intervening more in the economy now, causing more of a further disconnect for the working middle class. According to the Economist Intelligence Unit, «there are signs that disillusionment is spreading among ordinary Russians». With the country potentially lacking political stability, investors and other countries will not want to continue to do business with Russia.

With respect to financial risk, Russia scored a value of «C» (58 points), according to the Economist Intelligence Unit. Russia lacks heavy involvement from the government in the banking sector; therefore, it has been difficult to achieve any sort of reform for the baking industry. Furthermore, there is uncertainty in the position of the banking sector and its regulation and supervision by the government. When investors and business partners cannot trust the country’s central bank, it creates many issues for the country. Access to external financial and a weakened ruble, certainly do not attract companies to conduct business in Russia.

Just like the rest of the world, Russia suffered from the economic crisis that had a ripple effect on the entire global marketplace. GDP decreased by 7.8% during 2009, which affected the country in many ways. Russia saw a decline in the external demand for various commodities. While the economy and GDP fluctuated during the years following, Russia was still not seen as a favorable country to invest in partly because of the large uncertainty towards the political sector as well as the lack of confidence in the government nor financial stability.

Russia scored a 52.475 average risk on the Technology sector while the country scored a 58.6 on business environment. This combination of higher risk and lower opportunity makes Russia the least favorable country of the BRIC for technology investment based on the current economic and risk factors.

India

The Economist Business Intelligence unit «estimates that real GDP growth (on an expenditure basis) slowed to 3.4% in fiscal year 2012/13.» The Business Intelligence unit believes that India’s economy has bottomed out. The country is currently at a low point in their economic cycle with the slowest growth in ten years having taken place in the 12 months preceding March 2013. This however is good news for future investments in the country as recent economic reforms, lower interest rates and wholesale price inflation are expected to cause a real GDP growth of 6.2% in fiscal year ending 2014.

From this point on through 2030, India is predicted to be a hot bed for economic growth, making this an excellent target for global investment. India is forecasted to grow at an average of 6.4% from 2012-2030, making the country the fastest growing large economy in the world during this time. However with this growth, India will face some new challenges that could be a cause for concern.India is depending more on external investments as it continues to open its economy. This could be a risk factor for the country as it has previously been a closed economy and has enjoyed the protections from the economic downturn of 2008-2009 because of this. With the new global investments, this protection from outside influences will no longer be as strong. There is also some concern that foreign investments have recently slowed after a strong 2012 due to investors waiting to see how political uncertainty plays out.

India benefits from a relatively healthy debt to GDP ratio with the sovereign risk of the country falling between 45 and 48 for the 12 months preceding June 2013. The country has low non-performing loan (NPL) ratio’s and enjoys a Banking Sector risk of 49-51 during this same time. Though if the country adhered to international criteria for defining NPL’s, this number would be higher. The currency is trending upward from 44-47 in the last 12 months due to economic reforms following India’s fiscal and trade deficits as well as high inflation.

In addition to India’s new need for capital infusion, the country has suffered political scandals revolving around corruption in the last three years. The country has also lost several key western allies as speculation rises that Congress will call elections early before their term ends in 2014.1 This political risk makes investment in the short term unadvisable until the political fallout surrounding the election can be determined.

Though India as a country has a lower risk ranking and an excellent forecast for economic growth, the technology sector will have to navigate some new terrain in order to continue growth. India’s Technology sector risk averages 52.6, likely due to the saturation of India’s IT services within the US. As India’s service providers look for ways to add value and take advantage of cloud computing technology offerings, they must also look for customers outside of the US, which is not an easy task, especially considering that 9% of the 55 Asian companies in the list of the top 500 Global firms utilize outsourcing as a strategy. When weighted against the countries adjusted business environment rating of 60.4, India becomes the third rank in BRIC investment targets.

China

China’s economy is the second largest and an important source of revenue for most multinational firms. China’s growth has held up better than Brazil and India and the economy’s expansion is expected to be 7.8% in 2014. Tightening labor markets and supportive government policy are expected to sustain rapid income growth in the next two years.

Although major political reforms are not expected, significant fiscal changes may be unveiled in late 2013 and in the meantime, authorities have tightened monetary policy. While economic growth rates are trending downward, real GDP growth in 2013 is still expected to be 8.5%.

The degree of government interference in the economy remains a worrying factor although the private sector is increasingly important. China’s domestic demand of goods is expected to grow faster than its export markets. Although government has lowered man trade barriers in order to encourage more imports, still access to some sectors remains difficult.

China’s leaders want continuing sustainable economic growth as well as enduring political control. The past emphasis on economic development is now being altered in favor of social priorities. Another challenge facing the government is to rebalance the economy, which is dependent on high levels of investment spending. Income growth will gradually boost the contribution of domestic consumption to economic expansion, but difficult reforms (particularly in the financial sector) will be required if household spending is to be fully unleashed.

China’s business environment will become more favorable in the future, with its scores for most categories in the Economist Intelligence Unit’s business environment rankings model improving. The biggest improvements are in categories that will benefit from the government’s efforts to reform the financial sector and open the capital account but a number of other categories continue to score poorly by global and regional standards. Risks to China’s political stability, continue to drag down the political environment score. The only category for which the country’s score worsens is macroeconomic conditions. Its economy’s massive size and rapid growth means that China boasts one of world’s highest scores for market opportunities.

Although they are going through economic and social changes that threaten political stability, their security risk is fairly low and the overall risk of doing business in China is moderate to high. Popular discontent has been on a rise due to the rising costs of living, income disparity, urban unemployment, land seizures and corruption. Major reforms to address these issues look unlikely as the Chinese Communist Party will remain in power for the foreseeable future. They lack national standards and regulatory consistency is weak, enforcement is poor and political interference makes the legal and regulatory risks high. For this reason, foreign-invested enterprises avoid taking disputes to domestic courts if they can go to international arbitration instead.

Progress on the financial sector reform has begun to accelerate, China’s banking and capital markets are immature but foreign-invested enterprises have generally good access to loans.

Infrastructure is improving fast and reaching advanced standards in some parts of the country. Mobile telecommunications are widespread. Internet penetration is high for a developing nation. Air transport networks are well developed and the logistics industry is growing rapidly.

China has an excellent outlook when comparing risk and opportunities. By weighing average technology industry risk of 44.9 against the adjusted business environment rating of 64.4, China becomes an excellent option as shown on the bubble chart found by following the link at the end of this article. With large disposable incomes, China also has massive growth potential.

Conclusion

Based on the research relating to the economic opportunity in the BRIC countries as well as the political and economic risk of entering each country, Brazil shows the strongest potential currently for firms looking to invest in the technology industry. Though there is excellent growth projected in India, 6.2% average through 2030, the technology sector is saturated. U.S. companies are bringing Information outsourcing services back with on shoring, while Asian companies predominantly keep their information services in house. This combined with the near term political uncertainty makes India a higher risk investment. There are still opportunities in India no doubt; however this was not the most opportune BRIC country to target.Russia was the least favorable country based on business opportunity and risk factors; therefore we can also eliminate investment in Russia. China meanwhile has excellent opportunity and risk ratings as well as a large and growing economy. China does not, however, have excellent systems in place to protect patents. In fact, China has the worst policies and enforcement of any of the BRIC counties as it pertains to technology, making any investment in technology a difficult decision.

Though China has a large economy and favorable economic and risk indicators, based on China’s higher comparable risk to that of Brazil’s and the lower business environment rating as compared Brazil, there is a higher likelihood of success investing in Brazil in 2013. Brazil maintains the highest measure of business opportunity as weighed against risk of any of the BRIC countries as illustrated in the bubble chart found by following the Bubble Chart link at the end of this article. The growth projected in Brazil, low risk in comparison to other BRIC countries and the stabilizing political environment, we feel confident in recommending an investment in Brazil’s growing technology industry. There will be bureaucratic processes to navigate, however the potential for excellent growth in technology and with minimal risk related in comparison to other BRIC countries make this an excellent investment target.

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Liverpool FC ● 2019 Champions League ● The Movie



Summary of the Liverpool’s path in the UCL 2019. From the first match against PSG to the final against Tottenham through the comeback against Barcelona, relive the highlights of each game

Song 1 : Twelve Titans Music – Ascend The Starless Sky
Song 2 : Really Slow Motion – Suns And Stars
Song 3 : Really Slow Motion – Invocation
Song 4 : Gerry & The Pacemakers – You’ll Never Walk Alone

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Aerial View of Liverpool :
Anfield Tour :

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Download TV Series – To Pay or Not To Pay?

If you are a TV fan who is now fed up trying downloading your favorite TV series episodes because of frequent virus threats and incomplete downloads, many will suggest you to use Amazon and iTunes instead of torrent networks. No doubt, they are giving you a better advice.

If you ask for my opinion, I think price is also an issue so I will not recommend you any of these. I will advise you to look for cheaper options to carry on with this hobby.

You may be TV lover who is fond of downloading a lot of programs and it is becoming heavy on your pocket. So to satisfy your cravings for these shows, start looking for more affordable options. Liking these episodes is one thing and affording them is other. Don’t be worried though, because there are better options available.

A number of websites now offer you to download as many episodes, movies, music albums and shows as much you like. All you have to do is to pay their annual fee. You do not need to pay separately for every episode, an affordable once yearly payment gives you access to all you require. Isn’t this a more reasonable bargain?

Now you know that there are plenty of options available for a TV buff like you. I have also gone through several websites and assessed their quality, services and support. I will advice you to visit my website to choose the option that suits you the best before spending time surfing the internet.

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Will Ibra's return spark a winning run for PSG? | Ligue 1 | Talking Points



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The History of Brazilian Jiu-jitsu – Pt 3

The Gracies face opposition

The Gracie’s were not the only ones doing Jiu-Jitsu in the world during the 1900’s, and certainly not the only one’s doing Jiu-Jitsu in Brazil, they were just the most popular. Early members of the Gracie family in Brazil were political figures and very involved in the community where they lived. Among Helio’s first students were Governor of Rio, Carlos Lacerda, and President, Joao Figueiredo. There were many Japanese immigrants practicing Judo and Jiu-Jitsu in Brazil and a new form of «free fighting» was also developing in Brazil at this time. The Brazilians developed a system of fighting called Luta Livre (Free Fight), and if you ask a Gracie, they might tell you that Luta Livre is from Jiu-Jitsu, if you ask a Luta Livre practitioner, he might tell you something different. There is a large rivalry between the two styles, but the truth of the matter is that the styles are very similar. I heard from a few sources that Luta Livre was developed from Wrestling and Judo in Brazil. Luta Livre is practiced without the gi or kimono. While I was in Brazil, I passed down a street in Bahia (which is where Capoeira also comes from) named after one of the great Vale Tudo (meaning «anything goes») fighters of the mid 1900’s named Valdimar Santana, who was responsible for one of Helio Gracie’s only defeats. I’ve heard some Brazilians call him a Luta Livre fighter, others say he was a Judoka, and the Gracies say he was a Jiu-Jitsu player. During Valdimar’s fight with Helio Gracie, after over an hour, Helio’s corner was forced to throw in the towel. I’ve read that Valdimar Santana was one of Helio’s students, but have heard different as well. Carlson Gracie would later avenge Helio’s defeat by defeating Valdimar Santana in a No Rules fight. The other famous victory over the Gracie family in the early part of the art’s development occurred in 1951. After defeating a famous Judo player named Kato, Helio issued a challenge to another Japanese fighter named Yamaguchi. Yamaguchi was concerned about taking the fight because he felt Helio would be hard to submit. A friend of Yamaguchi named Masahiko Kimura (5’6″ 185 Lbs.) stepped up to face Helio in his place. The fight between Helio and Kimura resulted in a win for Kimura by TKO after Helio’s side threw in the towel. Kimura applied udegarami (a shoulder lock now called the Kimura), an arm lock to Helio’s left arm, breaking it. Helio was commended for not giving up, but still suffered a defeat, nonetheless.

An interesting event occurred later in the 1950’s when Kimura ended up facing Valdimar Santana in a No Holds Barred Match. He describes the name of the fighter as Adema, but I assume that this is a spelling mistake made in the translation due to the description being identical to Valdimar right down to the place he resided. Kimura describes the match in this excerpt taken from his biography «My Judo». I debated for a while about whether to include this, but it was so interesting, hard to find in print, and so historically significant that I had to share it with you. This excerpt really gives a lot of insight as to what was happening in Brazil during this time period, and gives an idea about how far ahead of the U.S. and Japan that Brazil was in Mixed Martial Arts fighting. The next two and three-quarter pages are taken directly from Kimura’s book, My Judo.

«My opponent Adema (Valdimar) Santana was a 25 year old black man, and was a boxing heavy weight champion. He was 4th dan in judo, and a capoeira champion as well. He was 183cm had a well proportioned impressive physique. His weight was close to 100kg. Bahia, where the match took place, is a port city where black slaves were unloaded. The slaves were forbidden to carry a weapon. As a result, many martial arts were developed by them, I heard. Vale Tudo is one of such martial arts. In the south of Sao Paulo, pro wrestling is popular. But the farther one goes to the north, the more popular Vale Tudo becomes. Helio Gracie, whom I had previously fought, was the champion in Vale Tudo. But Adema Santana challenged him the previous year (Note: 1957), and after 2 hours and 10 minutes, Helio got kicked in the abdomen, could not get up, and got knocked out. Thus, Adema had become the new champion. In Vale Tudo, no foul is allowed. 1 foul results in an immediate disqualification. No shoes are allowed. When the fighters are separated, they are not allowed to strike with a fist, and they have to use open hand strikes. But once they get in contact with each other, every type of strike is allowed but groin strikes. All types of throws and joint locks are legal. The winner is decided when one of the fighters is KO’d or surrenders. Biting and hair pulling were illegal. Since bare-knuckle punches are traded, taking direct 2 or 3 hits in the eye means the end of the fight. I was told there have been many cases in which a fighter got hit in the eye with an elbow, and the eyeball popped out from the socket by half, and got carried to the hospital by an ambulance. Therefore, there were always 2 ambulances at the entrance of the arena.

«I have no choice. I will fight.» I said. Then, the promoter grinned, took out a form and told me to sign it. Yano translated the content, which said, «Even if I die in this match, it is what I intended, and will not make anyone accountable for my death.» I nodded, and signed the form. On my way to the ring, someone raised his arm and waved at me. It was Helio Gracie, whom I had not seen for several years. Helio was at the radio broadcast seat. He was the commentator of the match. The gong rang. Adema and I circled the ring first. I lightly extended my fingers in a half-body posture, and prepared for his kicks. Adema, also in a half-body posture, had tucked his chin, tightened his underarms, as he would do in a boxing match. Once in a while, he delivered high kicks to my face.

«I blocked the kicks with my hands, and returned a kick with my right leg. Adema started to deliver right and left roundhouse kicks. I stepped back and dodged them, but suddenly, I received a fire-like impact on my face. It was an open hand strike. I had overlooked his hand motion, paying too much attention to his kicks. When I got hit in the temple, and the core of my head became a blur, left and right roundhouse kicks came. When I blocked his right kick with my left hand, a tremendous pain ran through from the tip of the little finger to the back of the hand. I had jammed the finger. I traded kicks with him. The entire audiences were standing with excitement. Even in this situation, I was able to think clearly. While I was thinking ‘Adema is one level higher than I both in kicks and open hand strikes. In order to win, I must take the fight to the ground,’ another fast kick flew at my abdomen.

«I struck the kick down with left knife hand, and jumped in to deliver a head butt on his abdomen with a momentum that could penetrate through his body. This must have had an effect on him. He covered his abdomen, and stepped back while wobbling. I wanted to get close to him, throw him, get on top of him, and use Newaza. If I succeed in this, I could use elbow strikes and head butts. Adema recovered from the damage, and delivered a kick to my face again. I ducked the kick, and jumped in for a clinch. I got in a tight clinch to prevent him from using knee kicks or elbow strikes. We traversed along the rope. All of a sudden, I received a head cracking impact. I experienced a tremendous ear ringing, and got momentarily unconscious. I received a head butt on my left temple. It was a head butt from a side. I had thought that all the head butts would come from front. I never knew a side head butt. ‘I cannot lose here. I must win even if I may die,’ I thought. Driven by this will power, I tried to find a way to fight back. The referee then came in between to separate us. We were already covered with blood. The fight was brought back to the center of the ring again. Adema threw a right open hand strike. I caught the arm and attempted Ippon-seoi. It seemed like I could score a clean throw. However, it was a miscalculation. We were both heavily covered with sweat as if a large amount of water had been poured onto our heads. Moreover, he had no jacket on. There was no way such a technique could have worked under these conditions. His arm slipped through, and my body rotated in the air once forward, and landed on my back. ‘I screwed up!’ I shouted in my mind, but it was too late. Adema immediately jumped at me. If he got on my chest, he could freely strike my eyes, nose, and chest with his elbows.»

I caught him in a body scissors. I squeezed his body with full force hoping to sever his intestine. Adema crumbled momentarily, but did not surrender. Since the body scissors did not finish him, I realized that I was in a disadvantageous position. When I lifted my head, hundreds of stars flew out of my eyes. I took a straight punch between my nose and my eyes. It was an accurate intense punch. The back of my head got slammed onto the mat.

«Moreover, an intense head butt attacked my abdomen. It felt like my organs would be torn into pieces. Once, twice, I hardened my abdominal muscles to withstand the impact, and waited for the 3rd attack. At the moment the 3rd head butt came, my right fist accurately caught Adema’s face by counter. It landed between his nose and eyes. Blood splattered. I had also already been heavily covered with blood. The blood interfered with my vision. ‘Kill him, kill him!’ the devil in my mind screamed. Adema wobbled, and stepped back, and tried to run with the ropes on his back. I chased him throwing kicks and open hand strikes. He returned head butts and elbow strikes. But, neither of us was able to deliver a decisive strike. Maybe we were both exhausted, or maybe the blood in our eyes prevented us from aiming clearly at the target. After all, the 40 minutes ran out, and the match ended in a draw. It was my first Vale Tudo experience. That night, my face was badly swollen. I had a number of cuts on my face. Every time I breathed, an excruciating pain ran through my belly, and I could not sleep. I received an injection from a doctor, and cooled my belly with a cold towel all night. However, I learned a very important lesson in this fight. That is, one must never fear death. If I had not had the iron will to fight despite the possibility of getting killed, his head butts would have torn my intestine into pieces.» – (From My Judo, by Masahiko Kimura , 1985)

Carlson Gracie Comments on his fights with Valdemar Santana:

«Valdemar was a student of the family for twelve or thirteen years. He fought more than 20 times for our academy. What happened was, he had a disagreement with Helio Gracie, and they decided to fight Vale-Tudo, and Valdemar won. In fact, I was a friend of his, and told him: «look Valdemar, we are friends, but now I can’t let it pass, you beat Helio, now your going to have to fight me. I have nothing against you, but in the ring, I’m going to beat the shit out of you!» And I did. I fought against him six times. I won four times, and two were a draw. He was tough shit. If it were today, he would be one of the best fighters». (From O’Tatame magazine (Brazil) Translated by Tatiana Andres, 1997)

Besides Helio’s defeats (where it is interesting to note that he did not actually submit to either opponent) the Gracies remained undefeated for the most part in Vale Tudo (no holds bared) matches, until another Japanese fighter would give them some trouble. After the popularity of the Ultimate Fighting Championship in the United States, Japan started to host a series of Vale Tudo tournaments, one fighter in particular started grabbing everyone’s attention, and his name was Kazushi Sakuraba. Sakuraba was not the biggest fighter on the scene, but he was creative and experienced. Sakuraba represented the sport of Japanese Wrestling, which is very different from American wrestling in many ways, the biggest difference being that Japanese wrestlers have an outstanding knowledge of submission holds. The Wrestling style that Sakuraba practiced looked almost exactly like Jiu-Jitsu, and during my research for this book, I’ve stumbled across more than one article that states Sakuraba had trained Jiu-Jitsu quite extensively. Sakuraba had been winning no holds barred matches against some formidable opponents in Japan, including Brazilian Jiu-Jitsu Black Belt Conan Silvera, whom he beat with a Juji Gatame, or in Portuguese, Chave Braco, a standard move in Brazilian Jiu-Jitsu. It wasn’t long before Sakuraba and the Japanese press set their sights on the Gracie family. Sakuraba’s first victory over a Gracie family member was over Royler. Sakuraba outweighed Royler by at least forty pounds. The fight ended in a very controversial referee stoppage, over which Royler appeared to be very upset about. The second was to Royce; this fight lasted about an hour and thirty minutes until Royce’s corner threw in the towel. To Royce’s credit, Sakuraba was not able to submit him and Royce fought very well. The third was to Renzo Gracie. Renzo was fighting very well until Sakuraba applied the same lock he used to defeat Royler; the lock was applied standing and when the two fell to the floor, the fall broke Renzo’s arm. Once again, the Gracie family member did not submit, and the referee stopped the fight. The fourth was to Ryan Gracie who lost the fight after suffering an injury to his shoulder and after time expired by judge’s decision. I have researched a couple of sources that claim a famed BJJ black belt named Sergio Penha was actually training Sakuraba and that this aided him in his victories.

To the Gracie family’s credit, I have not seen members of the Gracie family ‘lose’ very often. There are incidences in sport Jiu-Jitsu where a Gracie family member will lose to another Brazilian Jiu-Jitsu player, but that is Jiu-Jitsu losing to Jiu-Jitsu. Dan Henderson’s victory over Renzo Gracie is one of the few I can recall where anyone outside of the sport of Jiu-Jitsu or the art of Brazilian Jiu-Jitsu defeated a Gracie family member.

Jiu-Jitsu has now developed beyond the Gracie family and with all appropriate respect and thanks to them, it moves forward and progresses through the teachings of instructors from all parts of the world. It wasn’t until this happened that people from outside the art of Jiu-Jitsu started claiming victories over Gracie family members. By introducing the Brazilian style of Jiu-Jitsu to North America, the Gracie family opened the door to great financial rewards and the problems that would come with success.

Brazilian Jiu-Jitsu was introduced to the United States in the 1970’s, but was not made popular until 1993, when Royce Gracie defeated opponents from other martial arts in a contest called the Ultimate Fighting Championship. This type of fighting was known in Brazil as Vale Tudo (anything goes) and would later become known as NHB (No Holds Barred) here in the United States. The effectiveness of the art form over so many others made Brazilian Jiu-Jitsu known to the martial arts community and the world. This was America’s first look at Mixed Martial Arts fighting. Unlike many other martial arts, Brazilian Jiu-Jitsu gained its reputation and popularity through effective fighting, not Hollywood movies.

In November of 1993, a large number of Americans would get their first look at Brazilian Jiu-Jitsu … it wasn’t pretty. For years in the United States, the Martial Arts community had been plagued by the mystique and misconception created by Hollywood. I can remember getting into street fights as a kid and having my opponent say «OK, no Kung fu stuff!» thinking that if the other guy knew Kung fu, something terribly deadly would happen. This couldn’t be farther from the truth, and in 1993 we would all find that out. To make a long and over-told story short, Royce Grace, a thin Brazilian, was pitted against champions of Kung Fu, Karate, Boxing, Kickboxing, Wrestling and a variety of other Martial arts in a contest called the Ultimate Fighting Championship. Unlike the American No Holes Barred contests of today, Royce had to fight up to 4 times in each tournament. There were no weight classes and Royce was usually the lightest, sometimes being outweighed by 80 lbs. or more. There were very few rules: no eye gouging, no biting, and no time limits. Although this would be The United State’s first look at Brazilian Jiu-jitsu vs. other styles of Martial Arts, it was not the first time a ground fighting style would have the opportunity to show the superiority of Grappling vs. Striking alone.

In 1963, Gene Labell (a Judo player) faced a champion Boxer named Milo Savage, gaining a solid victory for Grappling enthusiasts everywhere. The Ultimate Fighting Championship was the catalyst for Brazilian Jiu-Jitsu in the US, but after the initial boom of popularity, there would be a whole new world of problems to face. The same entrepreneurial and capitalist ideals that made America great would be a hindrance to the authenticity and quality of Brazilian Jiu-Jitsu in the United States. Carley Gracie (Carlos’ son, Carlson’s younger brother and Roll’s older brother) was the first to bring their Brazilian style of Jiu-Jitsu to the U.S. The idea was born through his training of American Marines in Rio (in the early 1970’s) and by 1972, he was teaching Jiu-Jitsu in California. Rorion was the next to come, opening his academy in California and trade marking the Gracie name. This action would lead to a huge problem in the family; Rorian was not allowing any other members of the Gracie family to use the name, and was also accused by family members of distorting the truth about the history of the art, since he had claimed his father (Helio) was responsible for the birth of the art.

I have found through the research of this book that everyone has his/her own story, so it was most logical to go with common denominators to find the truth. Carley would later challenge Rorion to fight, as they had done when they were younger (Carley claims to have defeated Rorion previously a total of eight times), but Rorion preferred to battle it out in court. This was the second major split in the Gracie family after the first split between Carlson and Helio, but it would be the first of many to happen in the United States. Rickson came to teach as well, along with the Machado Brothers (who are related to the Gracie family as cousins), both eventually separated from Rorion due to some sort of business differences. Actually, it was Rickson (considered by many to be the champion of the family) who felt he should be the first Ultimate Fighting Champion, but Rorion was in control of the early UFC’s and decided it would be Royce who would make the point to the American public, and the rest is recent history.

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Explore the Countryside With Norwich Hotels

The United Kingdom has a number of beautiful locations around the country and one of those great locations is the county of Norfolk, so why not take a trip down there and stay in the many lovely Norwich hotels that surround the county’s biggest city.

Norfolk is famous for a lot of things including the city of Norwich’s Football team, the canaries who play in Yellow and Green almost reminiscent of the mighty Brazil football team although Norwich have obviously failed to achieve anywhere near the same quality or quantity of trophies as the mighty Brazil team.

Another thing that Norwich is famous for is Norwich hotels, and one hotel in particular, a travel tavern that featured on the hit TV series ‘I’m Alan Partridge’. The series features the fall of former Norfolk based celebrity Alan Partridge played by Steve Coogan who has lost his job and his wife, no one seems to desire his company and he spends his life in many Norwich hotels.

The series follows the luckless star around a series of location around the beautiful countryside of Norfolk as he tries to rebuild his career and win back the fans and more importantly his former bosses at the BBC. Obviously this doesn’t happen and Alan gets himself into a whole series of scraps along the way.

One of these scraps he gets caught in involves his stalker, trying to impress some potential new employers who clearly wouldn’t be impressed with someone staying in a travel lodge, he boxes himself into a corner where he invites them back to a fans house who he had only met earlier that day unaware he was a stalker. After explaining to the potential clients that bungalow was his, he wanders into a room completely unaware that it was filled with wall to wall pictures and a life size model of him. Obviously this scares the potential clients off and Alan is left to fend off the unwanted advances of his stalker.

Thankfully not everyone in Norfolk is quite this scary and you will find that there is a wealth of beautiful and breathtaking scenery to explore around the Norfolk countryside. Obviously with foot and mouth disease around the other year, a lot of the countryside was off limits. Thankfully things have improved a lot and now you can within reason wander the countryside undisturbed.

So what are you waiting for? Next time you need to take a break, why not see if you can get booked into one of the many beautiful Norwich hotels.

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AS Monaco vs PSG | match en retard 15 è journée ligue 1 2019-20 | HD | FIFA



Après le match du dimanche 12 janvier 2020, au parc des princes fini sur un match nul 3-3, le PSG se rend au stade louis II le mercredi 15 janvier 2020, pour cette fois ci, un match en retard comptant pour la 15è journée de ligue 1 conforama 2019-20 contre ces mêmes monégasques..

PSG de Tuchel : Edinson Cavani, Mauro Icardi, Killian M’Bappé, Neymar, Marco Verrati, Navas, Thomas Meunier, Angel Di Maria, Paredes, Sarabia, Silva, Kimpembe,

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Soccer on Satellite TV

Throughout human history people have competed against each other in different forms of sport. People pit themselves against each other to define themselves, to try and rise to their full potential, and even to solve disputes between societies. These competitions have evolved along with humanity. Sports spectatorship has always been an integral part of this as well. For the ancient Olympics a truce was held throughout Greece so spectators and athletes could travel to the games. People identify with their teams, which creates a sense of community and excitement that is impossible to replicate.

Soccer is by far the most popular sport in the modern world. It captivates the hearts and minds of millions of people, from Mexico to Brazil to Nigeria to Korea. Fans are forced to wait in stadiums for hours while opposing sections disperse, yet intense rivalries still inspires riots and celebrations that shut down normal life. Wear the wrong shirt in Manchester on match day and you might start a fight. In Buenos Aires, there are neighborhoods that should be avoided wearing the wrong colors. The world cup is the most widely viewed event in the entire world. So with all this excitement, all this energy and allegiance, why is it so hard to catch a soccer game on television in the United States? It’s a nation comprised of people from the entire world. Shouldn’t there be a way to watch the world’s most popular sport?

With satellite TV there is. Satellite offers a wealth of programming that can’t be found anywhere else. There is better access to more exclusive packages of sports programming, allowing you to keep up with the UEFA Champions League, the Premiership, Serie A, and more. No longer will you have to miss watching Ronaldinho and Barcelona take on Bayern Munich. There are also packages covering the quickly improving MLS, featuring growing numbers of international stars and expanding rapidly in the United States. League changes have brought in international superstars like David Beckham, who joined the Los Angeles Galaxy in 2007.

With today’s high definition technology the picture on your screen of the game will also be better than ever. You might be able to pick out the actual panels on the ball as it’s making its way downfield. With satellite access to more HD channels than any other form of television, you will have a gamewatching experience better than any other. The detailed picture available these days makes some commentators say that it’s better to watch the game from home than the field!

What about those games that you can’t see because of work or some obligation, but at the same time you feel you can’t miss? After all, the time zone difference for many of those international games might mean that what you want to see is happening in the middle of night. Not to worry, modern DVR technology will allow you to preset your TV to record those high quality matches. Everything you want to see will be waiting for you to enjoy it at your pleasure. With satellite you not only can now catch the most important sports events, you can do it when it’s convenient for you.

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Los equipos de la Ligue 1, ¿se le va a complicar a Messi?: El EntreTiempo



Lo que le espera a ‘Leo’ frente a los equipos franceses.

#ElEntreTiempo

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