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|MEXICO CITY， March 7 (Xinhua) -- Mexico's National Sports Commission (Conade) on Tuesday said it was opening six academies to scout for and develop Olympic talent.
"We want the Conade academy to be the Harvard of sports，" Conade chief Alfredo Castillo told guests， athletes and reporters at the presentation of the strategy.
Funded by both the government and the private sector， the academies will work to develop talent in volleyball， boxing， mixed martial arts， basketball， baseball and tennis， with the help of top active and retired Mexican athletes.
The academies will provide children 11 to 16 who show Olympic potential with the support and facilities they need to practice and compete nationally and internationally.
The president of the World Boxing Council， Mauricio Sulaiman， called the move "a historic step， a platform for both children and youth from remote communities across the country ... it will be a long process， but in the end， they will succeed in having high-level athletes there."
Mexico has historically underperformed at the Olympic Games and other international sporting events， and earlier this year officials announced a plan to establish individual academies to strengthen sports in the country.
Asian shares were mixed Monday after data last week showed a better-than-expected jump in US jobs creation Cheap Men's ECCO Iowa Neo Sneakers STONE LION Ireland , while Japan said its economy contracted more than initially thought in the third quarter.
The dollar continued its march upwards against the yen after Friday's employment figures increased expectations that the Federal Reserve will hike interest rates in the near future.
Tokyo was up 0.10 percent, Hong Kong added 0.26 percent, Sydney gained 1.08 percent and Seoul lost 0.12 percent while Shanghai fell 0.10 percent.
The US Labor Department said Friday the world's biggest economy added 321,000 jobs in November -- 90 Cheap Men's ECCO Collin Nautical Perf TITANIUM Ireland ,000 more than expected and the best performance in almost three years -- with new positions across the board.
The news is yet another indication that the United States is well on the recovery track and will put more pressure on the Fed to increase interest rates before its mid-2015 timetable.
Wall Street rallied in reaction, with the Dow climbing 0.33 percent and the S&P 500 adding 0.16 percent -- both settling at record highs -- while the Nasdaq gained 0.24 percent.
The scale of the improvement in the employment figures was a positive surprise to just about everyone," said Morgan Stanley MUFG Securities senior equity strategist Norihiro Fujito.
"Fund managers are now guessing how soon the US Fed will start ratcheting up interest rates, which is helping to fuel the dollar's continued ascent Cheap Men's ECCO Kyle Classic Sneakers COCOA BROWN Ireland ," he told Dow Jones Newswires.
With talk of a rate hike gaining traction the dollar pushed higher against the yen in New York, ending the week at 121.44 yen, up from 120.16 yen earlier Friday in Japan.
On Monday the greenback bought 121.50 yen.
It also strengthened against the euro, which was also being sold on expectations the European Central Bank will embark on fresh easing measures early next year as the economy slumbers.
On Monday it bought $1.2297 Cheap Men's ECCO Soft 7 Sneakers TRUE NAVY Ireland , compared with $1.2283 in New York and well off the $1.2380 earlier Friday in Japan. The single currency was also at 149.26 yen against 149.16 yen in US trade.
The weaker yen provided support to exporters, offsetting data showing the Japanese economy shrank 0.5 percent quarter-on-quarter in July-September, worse than the 0.4 percent first estimated and confirming a recession.
The result was worse then the 0.1 percent contraction expected and highlights the problems Prime Minister Shinzo Abe has in kickstarting the economy just under two weeks short of a general election.
Oil prices extended losses in Asia after falling to five-year lows on Friday following OPEC's decision last month to maintain output levels despite a supply glut.
US benchmark West Texas Intermediate for January delivery was down 81 cents to $65.03, around its lowest level since July 2009 on Friday.
Brent crude for January fell 96 cents to $68.11 Cheap Men's ECCO CS16 Tie BLACK WHITE Ireland , a mark not seen since October 2009.
Gold was at $1,193.41 an ounce, compared with $1,203.58 late Friday.
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