U.S. bank regulators
proposed a rule Tuesday that would discourage large banks from
heavily investing in debt issued by other large banks by
requiring them to hold additional capital against such
Radical plans to reshape rugby's international calendar have caused shockwaves through the sport, but World Rugby vice-chairman Agustin Pichot has quelled fears that certain teams -- specifically Fiji and Samoa -- will be excluded from the new league.
"We are talking about the survival of Pacific Island rugby. If we are blocked out of the top competition for the next 12 years, that effectively kills off Pacific Island rugby. Nobody will want to play for Samoa, Tonga or Fiji if you are playing against lower tier competition."
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