Southampton on Thursday named Frenchman Claude Puel as their new coach on a three-year deal. The 54-year-old former Monaco and Nice boss replaces Ronald Koeman, who left for English Premier League rivals Everton earlier this summer. Former Aston Villa coach Eric Black has been named as Puel's assistant.
By Alberto Dabo BISSAU (Reuters) - Guinea-Bissau is facing a "catastrophic" economic situation, with a gaping budget deficit, after the International Monetary Fund suspended its support over two private bank bailouts, the finance minister said on Thursday. The IMF said on June 3 it was halting payments after the tiny nation's government went against its advice and took on around 35 billion CFA francs ($59 million) in underperforming debt from Banco da Africa Ocidental and Banco da União. "The economic situation of the country is catastrophic.