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IRAN'S threat to shut the Strait of Hormuz _ one-fifth of the world's oil trade passes through there _ if the United States and Europe press ahead with new sanctions is unacceptable. The Obama administration is right to signal, in deliberately moderated ways ...
THE Obama administration THE boom, not the slump, is the right time for austerity at the Treasury." So declared John Maynard Keynes in 1937, even as FDR was about to prove him right by trying to balance the budget too soon...
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Nation Business Sports Chill Out
PSG waits for Beckham’s response


DOHA QATAR-OWNED Paris St Germain is waiting for English superstar David Beckham to decide about his wish whether he wants to play in France or continue in Los Angeles.

PSG sports director and former Brazilian midfielder Leonardo, who is Doha to witness Qatar ExxonMobil Open draw, said that the Beckham deal has not been struck yet.

“Some papers wrote a lot about the signing of the deal by Beckham but it has not been done till now. We also don’t know yet if he will sign for PSG or will continue to live in Los Angeles. We have no clear idea about his plan,” said Leonardo. He also added that the deal would depend on what the Beckham family wants. “It is not a question of a deal. It is a matter of the Beckham family’s choice. It is also quite possible that he may continue to stay in Los Angeles.

“There are two things inter-connected – the future goals of Beckham and the lifestyle of his family. We really don’t know if he will agree to play for PSG,” added Leonardo. But whatever Beckham and his family decide, PSG will honour it, he said. “We did some study about the schools for his kids in Paris and all. But we have to say the truth. He is someone very special to us and we share a good relationship with him and it will continue in future also.” “Just now we had a presentation of (Carlo) Ancelotti and there many things being planned for the club (to make it one of the best in the world) with his consent. “ Former Chelsea boss Ancelotti has signed the papers to manage the club and with him, the club is trying to figure out how to move ahead with the recruitment and other plans.

Leonardo also said there would be more recruitments, without hinting that Manchester City’s discarded forward Carlos Tevez is also among the possibilities.

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