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European equity markets finished trading without a single dynamic

By
Ismael Brooks
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0

Stock indices of Western Europe showed weak and multidirectional changes following the trading results. Investors were evaluating another portion of the statistics.

The estimate of the eurozone GDP decline in the first quarter was revised to 0.3% from 1.6%.

Analysts did not expect a revision of the indicator, according to data from Trading Economics. Meanwhile, the number of employed in the region in January-March decreased by 0.3% compared to the previous quarter.

Industrial production in Germany fell 1% in April from the previous month, according to data from the country’s Federal Statistical Office.

At the same time, analysts expected an average growth of 0.5%, Trading Economics reports.

On an annualized basis, industrial production jumped 26.4% in April after rising 4.8% in March, while the World Bank improved its forecast for global GDP growth this year.

According to the June Global Economic Prospects (GEP) survey, global GDP will increase by 5.6% in 2021.

This is the highest post-recessionary growth rate in 80 years. In the January GEP, the WB forecasted global economic growth of 4% this year.

Also in the spotlight of the markets this week is the May data on changes in consumer prices in the United States, which will be released on Thursday.

The consensus forecast of experts surveyed by Trading Economics envisages acceleration of inflation in the US in May to 4.7%.

In April, consumer prices rose 4.2%, at the fastest rate in 12 years.

If prices continue to rise, the US Federal Reserve System (FRS) may be forced to start phasing out stimulus measures, CNBC notes.

In addition, the results of the meeting of the European Central Bank (ECB) will be summed up on Thursday.

It is expected that the ECB leadership will raise inflation forecasts in the euro area for the current year and maintain large-scale stimulus measures.

The composite index of the largest enterprises in the region Stoxx Europe 600 rose by 0.1% and amounted to 454.01 points.

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The British FTSE 100 indicator rose by 0.25%, the French CAC 40 – by 0.11%.

Germany’s DAX dropped 0.23%, Italy’s FTSE MIB fell 0.06%, and Spain’s IBEX 35 fell 0.11%.

The growth leader among the Stoxx Europe 600 components was the shares of the asset manager Intermediate Capital Group Plc, which jumped in price by 5.9%.

The leaders of the fall were securities of the Dutch telecom operator Royal KPN NV, which fell 4.3%.

Bitcoin: In terms of charts, dark clouds are rising – is the bear market now breaking?

By
Edmund Hurtt
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0

After a few quieter days, the cryptocurrency market has come under considerable pressure again. Many crypto values ​​are losing double-digit percentage values ​​in today’s trading. The industry leader Bitcoin has slumped by around eight percent to just under 33,000 US dollars. Ether, the second most important digital currency after Bitcoin, had to give way by a good nine percent to around $ 2,500.

FBI secures extorted Bitcoin

Some market participants consider the recent discovery of Bitcoin ransom by US investigators as the reason for the charge. The digital money comes from a hacking attack on Colonial, the operator of a large US oil pipeline. The FBI claims to have secured most of the money that a group of hackers extorted from the pipeline operator.

63.7 Bitcoin with a current value of 2.3 million dollars had been recovered, said State Secretary in the Justice Ministry Lisa Monaco on Monday. The cyber attack on the operator Colonial Pipeline severely restricted the fuel supply on the US east coast. The hacker group DarkSide was held responsible for the attack. In mid-May, she announced that part of the ransom had been lost. Colonial said it had paid just under five million dollars.

Apparently, the success of the investigation has shaken the prevailing impression among Bitcoin proponents that digital currencies are immune to government intervention due to the high anonymity of transactions.

Michael Saylor accesses it again


Crypto pioneer and MicroStrategy CEO Michael Saylor can’t help but take it with his company to add more Bitcoin to the portfolio. This time the sum should be $ 400 million, as the company announced.

So far, the company has used convertible bonds to raise capital. This time around, the Notes are to be guaranteed on a senior secured basis by MicroStrategy Services Corp, a subsidiary of MicroStrategy.

However, in view of the current extreme volatility of the crypto markets, the company issues a warning and considers an impairment of its own capital for the second capital of at least 284.5 million US dollars to be likely.

The company announced that it has formed a new subsidiary, MacroStrategy LLC, which will hold its current stash of 92,079 Bitcoin.

Bitcoin charted

With the recent losses, Bitcoin and Ethereum have moved further away from their recently reached record highs. Bitcoin had hit a record of almost $ 65,000 in April, while Ethereum was worth well over $ 4,000 in May.

Bitcoin has already suffered huge setbacks in the past few weeks with the loss of the 21-week and 200-day trend lines. Both have functioned as important indicators of the health of the Bitcoin bull market in the past. Now a so-called “death cross” is emerging on the chart image, ie the cutting of the 50-day trend line down through the 200-day trend line, which was always the indicator of a bear market for Bitcoin in previous phases

As you can see on the chart, the 50- (blue) and 200-day trend lines (red) are converging and threaten to form a “death cross”.
The fact that the price has broken out of the symmetrical triangle formed by the chart, which is a confirmation of the trend – in this case further down, speaks for further bearish momentum.

outlook

Also Read:

The negative market sentiment and the setbacks in charting do not bode well in the short to medium term. A quick return above the important trend lines seems out of the question for the time being. Many indicators suggest that the Bitcoin price will move into a bearish trend for the next few weeks or months – further lows cannot be ruled out.

However, the current problems do not mean much for long-term development. At a fundamental level, the situation remains promising, as the technical adaptation and further development of the crypto sector continues unabated and the acceptance of Bitcoin is growing, as the decision of the South American state El Salvador recently showed to accept Bitcoin as a means of payment.

Biden wants to focus on strengthening supply chains in Europe

By
Dave Triplett
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0

A lack of investment in the past has openly revealed it in the corona pandemic: Global supply chains for certain goods have structural weaknesses.

Washington (AP) – The US government wants to work more closely with partners and allies to reduce weaknesses in global supply chains and become more independent of rivals like China.

President Joe Biden wants to put the topic on the agenda on his trip to Europe, which he is setting off this week, a government official said on Monday (local time).

The background to this is a review of the supply chains ordered by Biden, which focused on semiconductors, large-capacity batteries, so-called rare earths and pharmaceuticals. The pandemic and the resulting economic crisis have exposed the structural weakness of national and international supply chains, which endanger the economic and national security of the United States, it said from the White House.

A lack of investment in the past, but also unfair trade practices in other countries and an economic model that was not geared towards sustainability are responsible for this.

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The bottlenecks in construction or semiconductors, among other things, are to be dealt with in Washington by a new working group headed by the Ministry of Economics, Transport and Agriculture. The government is also creating a “trade force” based at the US Trade Representative’s office to take action against unfair trade practices.

Apple intensifies competition with Facebook & Co.

By
Ismael Brooks
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0

Apple’s privacy initiatives aren’t exactly popular in Silicon Valley. So Facebook fears for its advertising revenue. At the WWDC developer conference, Apple boss Tim Cook followed suit.

Cupertino (dpa) – Apple has been advertising data protection for months. Most recently, an update of the operating systems for iPhone and iPad ensured that annoying advertising tracking can be effectively prevented. At the WWDC developer conference, Apple boss Tim Cook and his team went one step further.

For example, the e-mail app will in future prevent monitoring programs from being able to determine whether someone has opened an e-mail or not.

With his foray into data protection, Cook steers the iPhone company on a collision course with large Internet companies, especially Facebook. Mark Zuckerberg’s empire thrives on collecting data about people in order to be able to deliver targeted advertising. But the protests from the advertising industry did not induce Apple to give in, on the contrary.

In the future, the Apple browser Safari will be able to hide its own technical address on the web. And if you want to shield all network connections in your apps, you can use the “Private Relay” function in the future. It is part of a new iCloud + subscription.

Similar to a so-called VPN, the user is anonymised when he moves around the network with a private relay. In contrast to a classic VPN service (“Virtual Private Network”), however, customers cannot select a virtual location, for example in order to be able to watch streaming content from Germany that is actually reserved for viewers in the USA.

Even with the increased use of artificial intelligence, which Apple is promoting across all product groups, data protection is in the foreground. Because with machine learning à la Apple, data is usually not transmitted to any server, but processed locally on the devices. The new iPhone software announced on Monday should be able to read text in photos, and automatic translation into other languages ​​will be possible on the devices.

The video chat app Facetime is being expanded significantly after the boom of rival services such as Zoom in the Corona crisis. Apple not only competes against Zoom, but also against Facebook. Because the renewed video chat software from Apple now also makes it possible to share film evenings with friends, even though everyone is at home. This works across the Apple product range – iPhone, iPad, Mac and Apple TV. And of course it works best when everyone involved is Apple.

At the start of WWDC, Apple also had a message for people who have not yet owned a device with the apple logo. In future, users of Android smartphones and Windows computers will also be able to dial into Facetime video chats. For this purpose, users will be able to be invited to a Facetime chat via a link – as is common with the Zoom video conferencing service, for example. Here, too, Apple attaches great importance to the fact that all connections are protected against spying with end-to-end encryption.

Another message was addressed to Apple’s business partners. For example, manufacturers of home appliances can integrate the Siri voice assistant. Amazon is already taking this path with its Alexa assistance software and Google with its assistant. Together with its competitors Google and Amazon, Apple now wants to promote the common “Matter” standard in the smart home.

With the “Universal Control” function, Apple allows Mac computers and iPad tablets positioned next to each other to be operated with a mouse and keyboard as if it were a device without having to be specially connected. New devices were not presented on Monday.

The health functions of Apple devices are constantly being expanded. In future, the iPhone and Apple Watch will be able to analyze a user’s walk in order to warn them of an increased risk of falling. In the USA, Apple is cooperating with medical institutions so that the health application “Health” can display and interpret current laboratory results directly in the app.

Also Read:

The new functions ensure that various elements of Apple’s ecosystem are more closely interlinked, commented long-time industry analyst Gene Munster of Loop Ventures on the announcements. That makes it easier to use the products. Apple traditionally makes the new operating systems available in autumn. However, the functions are already being presented so that developers can integrate them into their apps in good time.

Apple CEO Tim Cook and his colleagues on the WWDC stage completely excluded an important topic that directly affects many developers. “The amount of commission Apple is asking developers is the elephant in the room at this year’s WWDC,” Munster said. So far, Apple has collected 30 percent of the revenue from the app developers. For companies with sales of less than a million dollars, the rate is 15 percent.

However, Apple’s app store system is currently under attack – and not just because of the level of revenue sharing. The EU Commission accuses the iPhone group of unfair competition in the business with music streaming apps. The game company Epic (“Fortnite”) wants to achieve with a lawsuit in California that they and other providers can operate their own app stores on the iPhone, bypassing Apple. Tim Cook recently emphasized in court that the App Store is a lucrative platform for app developers and at the same time protects users from attempted fraud. At the WWDC, the corporate leader did not comment on this.

Goldman advises low-cost airline shares – sell recommendation for Lufthansa

By
Ismael Brooks
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0

The US investment bank Goldman Sachs advises investors who want to invest in airlines, very strongly to low-cost airlines.

While analyst Patrick Creuset downgraded two stocks of large network airlines in a study published on Tuesday with Lufthansa and IAG , he made a fresh buy recommendation for the papers from easyJet . For Ryanair , his purchase vote stands.
The expert argues that low-cost airlines were probably more profitable in a time after the corona crisis than they were before the pandemic. He referred to a better cost base, which is paired with a rapid recovery in the number of passengers with generally lower capacities. If the travel restrictions fall, he expects a quick recovery, especially in the short-haul segment, from which Ryanair & Co should benefit particularly strongly.

In the case of the established airlines, however, it leaves its mark on the fact that large amounts of cash were “burned” in the pandemic in 2021 as well. IAG is operationally somewhat better positioned than Lufthansa, which is why the analyst only downgraded the parent holding of British Airways and the Spanish Iberia to “neutral”. He is now advising to sell the Lufthansa shares with a price target of just EUR 8.10, which is 23 percent below the price, which has already recovered significantly from the Corona low.
“With a view to the next wave of competition from low-cost airlines, Lufthansa has become even less competitive,” concluded Creuset. Unlike the competition, the German industry representative made only limited progress in reducing costs. The expert also complains that Lufthansa is comparatively heavily dependent on business travelers. Among these, he expects a rethink with a structural reduction in travel activity. In addition, the airline is facing difficult negotiations with the unions.

In his study, the expert also referred to the balance sheet, which suffered a lot in the pandemic and which probably still needs to be strengthened. In 2022, the airline’s net debt is likely to rise to twelve to 13 billion euros, almost doubling compared to 2019, according to his thesis. A free cash flow estimated at 0.5 million euros annually by 2024/2025 will probably only allow the smallest progress in reducing this debt burden. “It would take twelve years at this rate,” said the expert.

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For Lufthansa shares classified as “Sell”, Goldman Sachs expects unattractive potential returns at the current price level and in comparison to the other companies from the same industry observed by the bank. “Neutral” suggests an average return for investors , while “Buy” suggests high potential, according to the bank.
The Lufthansa share is currently 2.16 percent to 10.58 euros.

 

Asia-Pacific stock indices declined, except for the Australian S & P / ASX 200, which broke the record

By
Ismael Brooks
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0

According to the results of today’s trading, the stock indices of the countries of the Asia-Pacific region decreased, the only exception was the Australian market.Investors are worried that a spike in US inflation could have a negative impact on the economic recovery and push the Federal Reserve to start abandoning extremely loose monetary policy earlier, writes MarketWatch.

The Japanese Nikkei 225 Index is down 0.2%.

The estimate of the fall in real GDP in Japan in the 1st quarter has been revised to 1% from the previous three months, according to the final data of the country’s government. Earlier it was reported that the economy contracted by 1.3%. At the same time, the decline was recorded for the first time since the second quarter of 2020.
Analysts on average predicted a revision of up to 1.2%, Trading Economics reported.
A new wave of quarantine restrictions associated with the COVID-19 pandemic, as well as the slow vaccination of the population, have a negative impact on the Japanese economy.
Sumitomo Metal Mining Co. shares were among the leaders in the decline in quotations today . (-4.1%), Oji Holdings Corp. (-3.1%), Daikin Industries Ltd. (-3.1%). Chip maker Advantest Corp. also fell in price. (-1.7%), investment and technology SoftBank Group (-1.6%), automobile Toyota Motor (-0.6%), Asia’s largest apparel retailer Fast Retailing (-1%).

At the same time, the capitalization of brewing Kirin Holdings (+ 1.9%), consumer electronics manufacturer Sony (+ 1.3%) increased. The Chinese Shanghai Composite Index dropped 0.5% on the day. The Hong Kong Hang Seng declined 0.02%, ending in the red for the fifth day in a row.

The most significant decline following the results of trading on the Hong Kong Stock Exchange was shown by the quotations of securities of the chip maker Sunny Optical Technology Group Co. (-3.8%), pharmaceutical Sino Biopharmaceutical Ltd. (-2.3%), brewery Budweiser Brewing Co. APAC (-2.5%). In addition, shares of the Internet giant Tencent Holdings (-0.3%), online retailer Alibaba Group Holding Ltd., are falling. (-0.9%).
BYD Co. Ltd., a leading manufacturer of new energy vehicles (NEV) in China, reported a 2.9-fold increase in sales in May compared to the same month last year, to 32,800 vehicles. The company’s shares gained 6.3%, becoming the leader of the rise.

In addition, the growth in prices was shown by the securities of developers, as well as Geely Automobile Holdings Ltd. (+ 1.4%). South Korea’s Kospi Index declined 0.1% on Tuesday.
The share price of Woojin Inc. collapsed by 20%.

Also Read:

Meanwhile, the market value of one of the world’s largest chipmakers, Samsung Electronics Co. remained at the level of the previous day, the carmaker Hyundai Motor – increased by 0.8%. The Australian S & P / ASX 200 climbed 0.15% up on trading results, hitting a new all-time high.
Among the locomotives of the rise are shares of the biopharmaceutical Mesoblast (+ 8.8%) and the financial company EML Payments Ltd. (+ 6%). At the same time, the capitalization of the world’s largest mining companies BHP and Rio Tinto decreased by 1% and 0.9%, respectively.
The National Australia Bank (NAB) Business Confidence Index dropped to 20 points in May, down from a record 23 points in the previous month.

Paraguay and PayPal on a common Bitcoin course

By
Ismael Brooks
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0

There the signs point to a Bitcoin adaptation and PayPal is apparently also involved.

A crypto storm is brewing in Paraguay. Because the South American country will probably launch a Bitcoin project. More specific details are still pending. So far it is only known that the payment giant PayPal could be one of the parties .

The information about the country’s Bitcoin plans goes back to a tweet by MP Carlos Antonio Rejala Helman. He wrote on June 7th:

As I said a long time ago, our country must develop hand in hand with the new generation. The moment has come, our moment. This week we start an important project to renew Paraguay from the world.

Rejala Helman masters the full crypto meme alphabet. He flanked his tweet with a picture in which he has laser eyes. The slogan “to the moon”, popular among Bitcoin fans, was also included. It was paired with hashtags for PayPal and Bitcoin. So it remains to be seen what exactly Paraguay is up to.

Will Paraguay Follow El Salvador?

The timing of Rejala Helman’s announcement gives an indication of the thrust of the Paraguayan Bitcoin project. After all, it was less than two days ago that El Salvador’s young President Nayb Bukele announced the acceptance of Bitcoin as an official means of payment in his country.

In a state like El Salvador, in which around 70 percent of its citizens do not have a bank account, such a step seems absolutely necessary. Bukele therefore justified the decision, not least with the chance of increased integration into the financial system. In addition, however, political considerations are likely to be behind the adaptation. The increasingly authoritarian president sees himself exposed to threats of sanctions from the United States. There is an alternative to the US dollar, which previously served as the national currency, just as it was called.

According to media reports, the Paraguayan Rejala Helman is known as a big fan of the President of El Salvador. He describes himself as the Bukele of Paraguay. A thank you to the President has also been decorating the MP’s Twitter profile since April. It is at least conceivable that Paraguay will recognize Bitcoin as a means of payment. The country’s financial system has also been heavily dependent on the US dollar so far.

PayPal establishes itself in the Bitcoin game

It should be noted that Paraguay can count on prominent support for its crypto project. Because while El Salvador is making a pact with the relatively unknown Bitcoin payment service Strike, in Paraguay PayPal seems to be involved in a very personal way.

The company continuously expanded its commitment to the crypto world. After Bitcoin and Co. have already been integrated as a means of payment, PayPal customers will soon be able to withdraw Bitcoin from their accounts . In addition, rumors are making the rounds about a possible stablecoin integration into the payment service. It will be interesting to see how Paraguay’s crypto journey will continue. (Also Read: Finally use your WhatsApp account on multiple devices at the same time)

American stock markets closed with multidirectional changes in indices

By
Stella Mason
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0

Trades on Monday, US stock indices ended with multidirectional changes after approaching the record highs last week.

The Dow Jones Industrial Average dropped 126.15 points (0.36%) to 34630.24 points. Earlier in the session, it exceeded the all-time closing high of 34777.76 points, reached on May 7.

Standard & Poor’s 500 fell 3.37 points (0.08%) to 4226.52 points, but remained close to its record closing level of 4232.6 points, also recorded on May 7.

The Nasdaq Composite rose by 67.23 points (0.49%) and ended trading at 13881.72 points.

On Friday, US stock indices rose on the May labor market statistics. Although the growth in the number of jobs in the country in May was lower than forecast, its pace accelerated significantly compared to April.

The Dow Jones indicator added 0.7% last week, the S&P 500 – 0.6%, the Nasdaq Composite – 0.5%. At the same time, the Dow Jones and S&P 500 ended the week only 0.1% below the record closing levels recorded on May 7, according to MarketWatch.

QTS Realty Trust Inc. jumped 21.2% on media reports that Blackstone Group Inc., the world’s largest alternative investment management company, is buying a US data center operator for about $ 6.7 billion. Blackstone shares are up 1.3% …

Visa Inc. rose 0.5% yesterday thanks to a rating upgrade by Piper Sandler analysts.

Carnival Corp. increased by 1.2%. The world’s largest cruise operator Carnival Corp. confirmed plans to resume cruises for its Carnival Cruise Line, departing from a US port in early July.

Alphabet Inc. added 0.4% in price. American Google, part of Alphabet, will pay a € 220 million fine to settle the claims of the French antitrust regulator (Autorite de la Concurrence), which accused the company of abusing its dominant position in the digital advertising market.

Autodesk Inc. fell in price by 2.1%. An American software developer has made an offer to acquire Altium Ltd. For approximately $ 3.91 billion, Altium, which provides PCB design software, rejected the offer as grossly underestimating the company’s prospects, but welcomed Autodesk’s interest and said it would be willing to discuss a proper valuation.

Traders are awaiting the publication of May data on the dynamics of consumer prices in the United States, which will be released by the Department of Labor on Thursday.

US Treasury Secretary Janet Yellen said in an interview with Bloomberg on Sunday that US President Joe Biden, in her opinion, should seek the implementation of his proposed programs to support the economy totaling $ 4 trillion, even if this would increase inflationary pressures and increase interest rates in the country.

“If interest rates rise slightly, it will be a plus both from the point of view of society and from the point of view of the Federal Reserve System (FRS),” Yellen said.

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American experts differ in their forecasts regarding the future dynamics of inflation in the United States. A number of economists, including Yellen, believe that the rise in inflationary pressures is caused by the effects of the pandemic and is temporary. Others fear that the massive stimulus proposed by Biden will create sustained inflationary pressures over the long term.

According to Yellen, Biden’s programs will require an increase in government spending by about $ 400 billion a year, and this is not enough to trigger a long-term rise in inflation. The consumer price spike that could result from the stimulus program will come to naught next year, she said.

The consensus forecast of experts interviewed by Trading Economics envisages acceleration of inflation in the US in May to 4.7%. In April, consumer prices rose 4.2%, at the fastest rate in 12 years.

Finally use your WhatsApp account on multiple devices at the same time

By
Dave Triplett
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0

One of the most anticipated updates would allow you to migrate iOS chats to Android and use WhatsApp Web without internet. With the ability to open it on different devices

WhatsApp has become one of the tools we always use. Especially now that smart working is part of our daily life. And just when we thought we could not see him further protagonist of our days, here comes the news of one of the most anticipated updates, the one that would allow you to use WhatsApp on multiple devices at the same time and WhatsApp Web even without an Internet connection.

The update would make real the long-awaited cross-platform presence, which would allow the application and the same account to be used simultaneously on different gadgets independently of each other. In addition, it would also be possible to migrate between the iOS and Android operating systems.
The “tip” came from WABetaInfo , a site specialized on the famous application that has already revealed useful news on WhatsApp innovations in the past. And subsequent rumors have confirmed that these new options will be available in the coming months.

Soon you will be able to use Whatsapp on multiple devices at the same time
According to media reports, the new feature has been in development since 2009, and is one of the most important changes in the app. “This feature will allow WhatsApp Web to be used without an Internet connection,” it was specified.

The update would also allow you to move your WhatsApp chat file between phones with different operating systems (such as iOS and Android). WABetaInfo also shared some images that would prove that, indeed, migration compatibility would be just a click away (after all, the process is already currently possible, albeit using other external apps, often for a fee).

The problems of WhatsApp


WhatsApp has become one of the most popular instant messaging applications globally. However, its take-off has also seen the birth of competitors offering similar services such as Telegram, which is even recommended by tycoons such as Elon Musk . For WhatsApp, along with popularity, controversies have also arisen related to its security .

The app, in any case, above all collects many requests for constant updating and progress, with users who like to experiment with new features (from searching for stickers to changing the background color).

When to expect the news

Also Read:

The update that would allow WhatsApp to migrate from iOS to Android and be used on multiple devices without the need for an internet connection does not have a precise release date, as revealed by WABetaInfo . But it is undoubtedly one of the most important changes that could the umpteenth growth in popularity of the “brand”, now also known for the many tricks that make life and the way to communicate through messages easier.

Four new sports debut in Tokyo Olympics

By
Ismael Brooks
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0

Here are all the new disciplines that will make their Olympic debut in Tokyo 2020, scheduled from 23 July to 8 August

The Tokyo 2020 Olympics will be very special: the fact that they take place in 2021 due to the pandemic makes them a special edition , but it will not be just the necessarily “wrong” name that will make them go down in history. (Also Read: Albert Batyrgaziev Won the European Olympic Qualification)

The 32nd Olympics, which will be held from 23 July to 8 August 2021 (find out who our standard-bearers are here) , will see the debut of four disciplines and the wait to find out how the competitions will take place and what spectacle they will offer grows.

The new sports have been approved by the International Olympic Committee and will bring those present at the Tokyo 2020 edition to thirty-three, for a total of fifty disciplines divided into three hundred and thirty-nine events.

Two hundred nations present will compete to take home the prestigious medals, among which, for the first time, those for skateboarding, karate, climbing and surfing will be awarded.

In addition, baseball and softball (united under a single international federation) will return to Tokyo 2020, absent from Beijing 2008.

And there is curiosity for a new discipline (branch of basketball), the 3 against 3 that promises a great show.

Surf


The Tokyo 2020 Olympics will take place in different locations, even very distant from each other and from the Olympic village . For example, the surfing competitions will be held in the waters of the Enoshima island , which will also host the sailing competitions. The islet, just four kilometers in circumference, is considered a true paradise by Japanese surfers. It is the destination of thousands of tourists every year and promises wind, a dream sea and unspoiled nature.

Skateboard

In Japan there will also be the baptism of skateboarding , a highly adrenaline-fueled sport that is gradually conquering a large number of practitioners and enthusiasts. Representing the Azzurri there will be Ivan Federico from Turin and Alessandro Mazzara from Rome , who won the pass in the last stage of season 2 of the Dew Tour.

Karate


It seems strange, but one of the most practiced sports in the world, karate, had never been included in the Olympic program. To remedy this, the organizers of the Tokyo 2020 Olympics thought about it, and so this martial art practiced and loved all over the world has finally become a reality even in the most fascinating sports competition ever.

Among the blues and blues who will try to get on the podium, there is Angelo Crescenzo , world champion in 2018 and European vice-champion in 2019 of 60 kg. «After an extremely long and difficult qualification process, I managed to earn the Olympic pass. I touched the sky with a finger, now I have to concentrate and give my all. My opponents are very strong, but my goal is to win gold! “.

Climbing

Also Read:

The debut in five circles also for sport climbing, which will surely capture the attention of thousands of spectators. In Tokyo 2020 there will be two races, one for men and one for women. All this will take place on the days from 3 to 6 August , when the qualifiers will be held first

 

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