That play, while doubtless the right move for the long term, results in a short term negative as opening new markets is costly and it takes some time before they go from cash draining to cash producing.

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In his opening remarks, Mr Zhang, who is from China, said it was time to "admit that match-fixing is a real danger to football's ethical values and needs to be eliminated to preserve the sanctity of the sport".

BBC: Asia

It is the first time in Iceland's history it has won the opening three matches of a qualifying campaign without conceding a goal.

CNN: SHARE THIS

Santos, a key U.S. ally, said in his opening remarks Saturday that it was time to overcome such issues -- calling it unthinkable if Cuba is not part of the next Summit of the Americas.

CNN: U.S.-Colombia trade deal to take effect in May

Santos, a key U.S. ally, said in his opening remarks Saturday that it was time to overcome such issues -- calling it unthinkable if Cuba is not part of the next Summit of the Americas, as well as nearby Haiti.

CNN: STORY HIGHLIGHTS

It is hoped the work will be completed in time for the 200th anniversary of the opening of the canal next year.

BBC: Grand Western Canal repairs to cost ?3m

But these are static measures ill-suited to crises, when prices fall so fast that, by the time the protection is activated, it is already too late: the financial equivalent of opening a parachute too close to the ground.

ECONOMIST: When the sea dries up