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Man City claim FA Cup quarter-final spot with win over Bristol City
Manchester City cruised into the sixth round of the FA Cup following a 3-0 win away at Bristol City, with Phil Foden netting his first brace since a Manchester Derby hat-trick in October, and more than doing his part to make it three wins and two draws on the road for City in a mere fortnight.
Pep Guardiola’s City side got off to the perfect start, taking what always looked like a decisive lead inside just seven minutes. Kevin De Bruyne played Riyad Mahrez down the right wing, and the Algerian squared the ball across the face of goal, where Phil Foden was on hand to tap in at the back post – mirroring a typical City goal.
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Man City claim FA Cup quarter-final spot with win over Bristol City
Manchester City cruised into the sixth round of the FA Cup following a 3-0 win away at Bristol City, with Phil Foden netting his first brace since a Manchester Derby hat-trick in October, and more than doing his part to make it three wins and two draws on the road for City in a mere fortnight.
Pep Guardiola’s City side got off to the perfect start, taking what always looked like a decisive lead inside just seven minutes. Kevin De Bruyne played Riyad Mahrez down the right wing, and the Algerian squared the ball across the face of goal, where Phil Foden was on hand to tap in at the back post – mirroring a typical City goal.
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At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation. Soloviev also promoted the channel in a post he shared on his own Telegram, which has 580,000 followers. The post recommended his viewers subscribe to "War on Fakes" in a time of fake news. The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
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