Simone Biles claims 16th Gymnastics Worlds title, record fifth all-around gold

first_img Next Simone Biles claims 16th Gymnastics Worlds title, record fifth all-around goldSimone Biles marked her record fifth all-around world title by ending her floor routine with a mic-drop gesture. It was Biles’ 16th gold medal at the worldsadvertisement Reuters StuttgartOctober 10, 2019UPDATED: October 11, 2019 00:02 IST Simone Biles of the U.S. performs on the floor during the women’s all-around final at the Gymnastics World Championships. (AP Photo)HIGHLIGHTSSimone Biles became the first woman to win five all-around titles at Gymnastics WorldsIt was Biles’ 16th gold medal at the worlds”It means the world to me,” Biles told reporters after her winAmerican Simone Biles became the first woman to win five all-around titles at the gymnastics world championships in Stuttgart on Thursday, building on her legacy as one of the greatest of all time.It was Biles’ 16th gold medal at the worlds and added to her all-around world titles from 2013, 2014, 2015 and 2018.Needing 12.301 in the floor exercise to reclaim her title in the final rotation, Biles scored 14.400 points to finish with an overall score of 58.999 — beating China’s Tang Xijing by a huge margin of 2.100.Russia’s Angelina Melnikova took bronze with 56.399.”It means the world to me,” Biles told reporters. “For my fifth, that’s kind of unheard of so it was really exciting.”But we finished strong and we gave it our all it’s super exciting that we had the opportunity to do this.”Biles recorded two penalties on the floor but still managed to secure the biggest margin of victory at a world championships under the Code of Points – a scoring system that was introduced for major events in 2006.A year ago in Doha, Biles competed with a kidney stone and started with a shocking fall on her vault routine, but there were no hiccups this time as she dictated the proceedings inside a packed arena.The four-times Olympic gold medallist produced a massive Cheng vault, scoring 15.233 despite a 0.1 penalty for stepping out of bounds.The second rotation saw her earn score a 14.733 on the uneven bars, considered her ‘weakest’ apparatus, but was still enough to hand her a lead of over one point.advertisementBiles did not perform her eponymous double-double dismount off the balance beam, a skill widely thought to be under-valued in difficulty by the International Gymnastics Federation. Yet she still finished with a leading score of 14.633 on the apparatus.It was her second world title of the week in Stuttgart, having already helped the U.S. to their fifth consecutive team title on Tuesday.The 22-year-old is now just one short of Belarusian Vitaly Scherbo’s record haul of 23 medals – a milestone she could surpass by the end of the individual events at the championships this weekend.Also Read | Simone Biles wins 15th world title as US women claim team gold in Gymnastic championshipAlso Read | Simone Biles has 2 new skills named after her at World Gymnastics ChampionshipsFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAnita Jatlast_img read more

Amount Canadians owe compared with income ticks lower but still near record

Credit cards are displayed in Montreal in a Wednesday, December 12, 2012 file photo. THE CANADIAN PRESS/Ryan Remiorz Amount Canadians owe compared with income ticks lower but still near record high OTTAWA – The amount Canadians owe compared with their income ticked lower in the first quarter but remained near record levels as mortgage debt continued to climb.Statistics Canada said Wednesday the amount of household credit market debt as a proportion of household disposable income slipped to 166.9 per cent in the quarter compared with 167.2 per cent in the fourth quarter of last year.That means that for every dollar of disposable income, Canadians owe about $1.67.Economists and policy-makers, including the Bank of Canada, have raised concerns about household debt and see it as a key risk to the economy.Low interest rates have fuelled the growth in household debt in recent years, but the central bank has started dropping hints that may be changing as the economy has improved.Canadians should be thinking about what their finances would look like were interest rates to rise, Bank of Canada governor Stephen Poloz said this week.Royal Bank economist Laura Cooper said the cost of servicing debt has remained broadly unchanged in recent years, but households’ sensitivity to rate hikes is likely greater now than when rates have risen in the past.“Non-mortgage debt tends to command higher borrowing rates and variable payments, leaving households increasingly vulnerable to a looming uptrend in interest rates,” Cooper wrote in a report.Household income gained 0.9 per cent, Statistics Canada said, greater than the 0.7 per cent increase in household credit market debt.Total debt, which includes consumer credit, and mortgage and non-mortgage loans, totalled $2.041 trillion in the first quarter. Mortgage debt represented 65.7 per cent of that, up from 65.6 per cent during the last three months of last year.“While indebtedness has recently stabilized for Canada as a whole, it still remains elevated, leaving households particularly sensitive to rising rates,” TD Bank economist Diana Petramala said in a note to clients. “Moreover, averages do not tell the full story, with risks still rising in Ontario.”Household net worth at market value rose 2.2 per cent to nearly $10.534 trillion. Households borrowed $27.5 billion on a seasonally adjusted basis in the first quarter, down slightly from $27.6 billion in the previous quarter.Mortgage borrowing increased $2.7 billion from the fourth quarter to $20.9 billion, while demand for consumer credit and non-mortgage loans fell $2.8 billion to $6.5 billion.Statistic Canada’s report came as the Teranet–National Bank national composite house price index, which measures homes sold at least twice in their history, hit a new all-time high for a 16th consecutive month. The index gained 2.2 per cent last month, the largest gain for May in the 19-year history of the index. by Craig Wong, The Canadian Press Posted Jun 14, 2017 7:06 am MDT Last Updated Jun 14, 2017 at 10:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more