Policy balance
The recent appointment of Sanjay Malhotra as Governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das, signals a pivotal shift in India’s monetary policy dynamics.
Ronaldinho has been ordered to remain under house arrest in Paraguay after an appeal court judge refused a request to release the former Barcelona star and his brother.
The 40-year-year-old and his older sibling Roberto Assis spent more than a month in prison for allegedly entering the South American country with fake passports, reports Xinhua news agency.
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In April, the pair were relocated to the four-star Palmaroga Hotel in the capital Asuncion after agreeing to pay $1.6 million in bail.
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Local media reported that the failed appeal means the brothers will be kept in preventative detention for up to six months, pending a trial.
Ronaldinho and Assis travelled to Paraguay on March 4 to participate in a children’s charity event and promote a new book. They were arrested later that day on accusations of using false travel documents.
The pair have denied any wrongdoing and said they were presented with the passports as a “gift” upon arriving in Asuncion.
Ronaldinho retired from football in 2018 after a career that included spells at Gremio, Paris Saint-Germain, Barcelona, Milan and Atletico Mineiro, among other clubs. He was a part of the Brazil team that won the 2002 World Cup and was twice voted the FIFA world player of the year.
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