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112-448: One Championship (stylized ONE Championship or simply ONE ; formerly One Fighting Championship ( ONE FC ) until January 2015) is a multinational combat sports promotion founded on 14 July 2011 by Chatri Sityodtong and Victor Cui . Originally focused on mixed martial arts (MMA), ONE events have since incorporated muaythai , kickboxing , and submission grappling bouts. The promotion held its first event on 3 September 2011 at

224-766: A basis in a national ethos , being ultimate without a specific nationhood, and that this lack of an ethos appears in their ways of operating as they enter into contracts with countries that have low human rights or environmental standards . In the world economy facilitated by multinational corporations, capital will increasingly be able to play workers, communities, and nations off against one another as they demand tax, regulation and wage concessions while threatening to move. In other words, increased mobility of multinational corporations benefits capital while workers and communities lose. Some negative outcomes generated by multinational corporations include increased inequality , unemployment , and wage stagnation . Raymond Vernon presents

336-769: A big turn in the Thai television industry because Channel 7 had to remove the television drama on the prime time time-slot after the evening news, which was considered a regular identity and main income resources of the channel since its establishment in 1967. On March 16, 2023, ONE partnered with Seven Network , airing both ONE Fight Night (which aired on Prime Video in United States & Canada) and ONE Friday Fights exclusively for 7plus in Australia. On December 12, 2023, ONE partnered with Sky Sports to become exclusive home for both ONE Fight Night and ONE Friday Fights in

448-555: A brief return as a reality television show titled ONE Warrior Series: Philippines . The show featured 16 mixed martial arts fighters in the Philippines competing for a $ 100,000 contract to compete in ONE Championship. Team Lakay members Joshua Pacio and Geje Eustaquio were featured on the show as coaches. The show premiered on September 18, 2022 and featured 12 episodes. On February 12, 2018, ONE Championship announced

560-508: A corporation invests in a country in which it is not domiciled, it is called foreign direct investment (FDI). Countries may place restrictions on direct investment; for example, China has historically required partnerships with local firms or special approval for certain types of investments by foreigners, although some of these restrictions were eased in 2019. Similarly, the United States Committee on Foreign Investment in

672-664: A draw after a 12 minute time limit. ONE Championship currently uses ten different weight classes: ONE weigh-ins include a hydration test. The change took place after the death of 21-year-old Chinese fighter, Yang Jian Bing (who was supposed to face Geje Eustaquio) on 11 December 2015, due to dehydration by weight-cutting in the Philippines. The promotion banned weight-cutting by dehydration in order to promote fighter safety. The promotion’s revised policy on weight mandated that athletes are monitored in their training camps, and have urine specific gravity tests to ensure they are hydrated up to three hours ahead of their bouts. The new system

784-618: A five-roped ring, instead of the ONE circular cage, which had been used exclusively up until 2018. The ONE Super Series kickboxing bouts adopt the oriental ruleset . As of 2020, ONE Super Series kickboxing bouts use boxing gloves . In ONE Super Series Muay Thai bouts, open-finger 4 oz gloves are used. The first ONE event to consist entirely of ONE Super Series contests was ONE Championship: Immortal Triumph in Ho Chi Minh City on 6 September 2019. Multinational corporation Most of

896-429: A free market system where there is little government interference. As a result, international wealth is maximized with free exchange of goods and services. To many economic liberals, multinational corporations are the vanguard of the liberal order. They are the embodiment par excellence of the liberal ideal of an interdependent world economy. They have taken the integration of national economies beyond trade and money to

1008-529: A legendary run, Askren graduated with a 153–8 record (seven of the losses were handled by Chris Pendleton and one of them by Ryan Lange), two Dan Hodge Trophies (2006, 2007) and Schalles Awards (2006, 2007), two NCAA championships, three Big 12 Championships and 91 pins , the third most in NCAA Division I history. One of the most dominant collegiate wrestlers of all time, Askren's "funky" style relied heavily in unorthodox scrambling techniques and

1120-460: A max of five rounds. Victory is attained by one of the following ways; knockout , submission , verbal tapout, technical knockout or technical submission by referee stoppage, request for stoppage by cornerman , by disqualification , by technical decision , or by judges' decision. Three judges score the bout in its entirety, not round-by-round, utilizing the following criteria in descending order of importance: Illegal targets for strikes are

1232-490: A million troops to help, and by February 1991, Iraqi forces were expelled from Kuwait. Due to the oil boycott from Kuwait and Iran, oil prices rose and quickly recovered. Saudi Arabia once again led OPEC, and thanks to assistance in defending Kuwait, new relations emerged between the USA and OPEC. Operation "Desert Storm" brought mutual dependence among the main oil producers. OPEC continued to influence global oil prices but recognized

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1344-449: A nine-fight win streak, in the main event of ONE FC: Honor and Glory on May 30. He won the fight via submission (arm-triangle choke) in the first round, and proceeded to call out ONE champion Nobutatsu Suzuki , stating "Suzuki is going to bring me my belt. He can put it in the middle of the cage and give it to me, or I can take it the hard way!” Askren faced Suzuki at ONE Fighting Championship: Reign of Champions on August 29, 2014. He won

1456-476: A partnership with Facebook to distribute ONE Championship content on Facebook Watch and IGTV . On April 27, 2022, ONE announced a five-year distribution deal with Amazon Prime Video , giving Amazon Prime exclusive broadcast rights for at least 12 live events annually during prime time hours in the United States and Canada. On September 29, 2022, ONE announced an exclusive multi-year partnership with beIN Sports to broadcast live ONE Championship events across

1568-506: A three-year broadcast deal with Turner Sports in the United States that will bring live events to streaming service B/R Live and recap shows on TNT . On 23 March 2019 ONE announced it had signed a multi-year deal with Star Sports in India. On 19 September 2019, it was announced that sports streaming service FITE TV would broadcast the promotion's two-part, 100th numbered event, Century . In November 2020, ONE announced

1680-408: A veteran grappler he had trained with the previous summer, by figure four footlock early in the match. Popovitch went on to win the championship in the under 77 kg (169 lb) division. Askren also competed at the 2009 FILA 2° World Grappling Championship. Askren faced the 2008 World Champion, Jacob Volkmann , in the 84 kg no-gi division. Askren out-wrestled Volkmann and won gold in

1792-687: A vice president of ONE Championship. The referees include Olivier Coste, Mohamad Sulaiman, Kemp Cheng and Justin Brown for MMA matches and Elias Dolaptsis for Muay Thai and Kickboxing matches. The ring announcer for ONE Championship is Dom Lau. The regular colour commentators for the English-language television broadcasts are Mitch Chilson, Brent Stover, and Rich Franklin, although Josh Thomson , Jason Chambers , Bas Rutten and Renzo Gracie have appeared as guest commentators. Former commentators include Michael Schiavello . ONE co-founder Victor Cui

1904-414: Is for a championship title. In all fights, each round can be no longer than five minutes. Most fights have a maximum of three rounds, with one minute breaks in between, but championship matches have a max of five rounds. ONE Muay Thai allows elbow strikes , clinch fighting , sweeps and throws . Fights can be won via: Fights are scored round-by-round by three judges using the 10-point must system. If

2016-410: Is often handled through international arbitration . The actions of multinational corporations are strongly supported by economic liberalism and free market system in a globalized international society. According to the economic realist view, individuals act in rational ways to maximize their self-interest and therefore, when individuals act rationally, markets are created and they function best in

2128-865: Is usually a large corporation incorporated in one country that produces or sells goods or services in various countries. Two common characteristics shared by MNCs are their large size and centrally controlled worldwide activities. MNCs may gain from their global presence in a variety of ways. First of all, MNCs can benefit from the economy of scale by spreading R&D expenditures and advertising costs over their global sales, pooling global purchasing power over suppliers, and utilizing their technological and managerial experience globally with minimal additional costs. Furthermore, MNCs can use their global presence to take advantage of underpriced labor services available in certain developing countries and gain access to special R&D capabilities residing in advanced foreign countries. The problem of moral and legal constraints upon

2240-992: The Bellator Season Two Welterweight Tournament Champion . On October 21, 2010, in Philadelphia Askren took on the Bellator Welterweight Champion Lyman Good . Despite being hit with a brutal upkick and almost getting caught in a triangle choke with one minute left, he was able to take down and control Good in every round. Askren won via unanimous decision (49–46, 48–47, and 50–45) to win the Bellator Welterweight Championship. Askren next returned at Bellator 40 to fight and defeat Nick Thompson after taking down and controlling Thompson for all three rounds. Although Askren started off quickly in

2352-848: The Dutch East India Company (VOC) founded in 1602. In addition to carrying on trade between Great Britain and its colonies, the British East India Company became a quasi-government in its own right, with local government officials and its own army in India. Other examples include the Swedish Africa Company founded in 1649 and the Hudson's Bay Company founded in 1670. These early corporations engaged in international trade and exploration and set up trading posts. The Dutch government took over

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2464-654: The Heisman Trophy ) in folkstyle wrestling . He was also a world champion in submission wrestling . Askren was introduced to the sport of wrestling by his father Chuck at age six, but only took the sport seriously when he started the sixth grade and joined a club. During high school , he became a two–time WIAA state champion out of Arrowhead High School in Wisconsin . Nationally, he placed at multiple US National tournaments in folkstyle , freestyle and Greco-Roman . In college , Askren wrestled for

2576-696: The Middle East and North Africa for the first time. In addition to events, the partnership is set to include round-up shows, as well as related social media and digital content. beIN Sports will broadcast ONE's events to 24 MENA territories with both English and Arabic commentary. On December 8, 2022, ONE announced the partnership with Tero Entertainment during the press conference for broadcast One Lumpinee (internationally known as ONE Friday Fights) from Lumpinee Stadium , Bangkok via Thailand's Channel 7 to more than 154 countries every Friday evening starting January 20, 2023. This broadcast has been considered

2688-654: The Missouri Tigers at 174 pounds, where he was teammates with future UFC Welterweight Champion Tyron Woodley and future Bellator Lightweight Champion Michael Chandler . During his freshman campaign (2003–2004), Askren won the Big 12 Conference Championships and placed second at the NCAA Championships, with both matches being against standout from Oklahoma State Chris Pendleton . During his sophomore campaign (2004–2005), Askren placed second at both

2800-843: The Philippines , MyTV in Cambodia , Astro Arena , TV9 and RTM in Malaysia , Workpoint TV , Thairath TV (2016–2022) and Channel 7 (2023–present) in Thailand , TV Tokyo and AbemaTV in Japan . On 30 January 2012, they signed a 10-year deal with ESPN Star Sports . ONE made its PPV debut at ONE Fighting Championship: Rise of Kings via iN DEMAND, Avail-TVN, DirecTV and Dish. Since May 2018, ONE events have been broadcast live and free on both their dedicated apps and YouTube channel in select locations. On 11 December 2018, ONE announced

2912-624: The Qatar Investment Authority , increasing the company’s valuation to $ 1.35 billion. In October 2022, One Group Holdings changed its legal domicile from Singapore to the Cayman Islands . On 22 June 2023, it was announced that ONE would be bringing live events to Qatar later in the year, having signed an MoU with Media City Qatar. 17-year-old Smilla Sundell became the youngest champion in ONE history on 22 April 2022, when she defeated Jackie Buntan at ONE 156 for

3024-689: The Singapore Indoor Stadium , and has since held over 200 events across Asia. The promotion would reach an evalutation of over $ 1 billion by October 2018. In 2022, parent company One Group Holdings, changed its legal operations from Singapore to the Cayman Islands . In 2024 Forbes listed One Championship as being valued at $ 1.3 billion, which made the fourth most valued combat sports promotion behind UFC , WWE , and AEW . Entrepreneur and martial artist Chatri Sityodtong stated his reasons for founding One Fighting Championship in July 2011

3136-421: The groin , throat, trachea , and the back of the head, neck or spine. Stomps to the head of a grounded opponent, small joint manipulation, head butting , hair pulling, eye gouging , orifice insertion, spitting, and grabbing onto the cage fence are also illegal. Takedowns must not result in "spiking or pile driver [s] to the head or neck". Soccer kicks to the head of a grounded opponent were previously legal in

3248-670: The 19th century, such as the Rio Tinto company founded in 1873, which started with the purchase of sulfur and copper mines from the Spanish government. Rio Tinto, now based in London and Melbourne , Australia, has made many acquisitions and expanded globally to mine aluminum , iron ore , copper , uranium , and diamonds . European mines in South Africa began opening in the late 19th century, producing gold and other minerals for

3360-551: The English language. Senior officials, although mostly still Swedish, all learned English and all major internal documents were in English, the lingua franca of multinational corporations. After the war, the number of businesses having at least one foreign country operation rose drastically from a few thousand to 78,411 in 2007. Meanwhile, 74% of parent companies are located in economically advanced countries. Developing and former communist countries such as China, India, and Brazil are

3472-487: The Global Martial Arts Rule Set, which "blends a combination of Best Practices from Asian and Non-Asian Rules". Fighters wear 4-ounce MMA gloves . Matches vary in maximum length, depending on whether it is for a championship title. In all fights, each round can be no longer than five minutes. Most fights have a maximum of three rounds, with one minute breaks in between, but championship matches have

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3584-575: The International Energy Agency (IEA), enabling states to coordinate policy, gather data, and monitor global oil reserves. In the 1970s, OPEC gradually nationalized the Seven Sisters. The Kingdom of Saudi Arabia, as the only largest world oil producer, could leverage this. However, Saudi Arabia opted for the correct approach and maintained consistent oil prices throughout the 1970s. In 1979, the "second oil shock" came from

3696-593: The Kingdom on 12 September 2014, Adriano Moraes became the first ONE Flyweight World Champion after submitting Geje Eustaquio. The ONE Middleweight World Championship was introduced at ONE FC: Battle of the Lions on 7 November 2014, where Igor Svirid defeated Leandro Ataides in 17 seconds for the title. On 13 January 2015, the promotion announced it would be changing its name to simply "One Championship". ONE Championship and Ultimate Fighting Championship finalized

3808-572: The NCAA and Big 12 Championships, losing both championship matches to Pendleton. After being a runner–up for half of his career, Askren shined as a junior and a senior , becoming the third athlete to ever earn the Dan Hodge Trophy in multiple occasions, as he received the award in both seasons after compiling a combined 87–0 record. Throughout his career, Askren defeated multiple NCAA champions such as Jake Herbert and Keith Gavin. After

3920-511: The Netherlands has become a popular choice, as its company laws have fewer requirements for meetings, compensation, and audit committees, and Great Britain had advantages due to laws on withholding dividends and a double-taxation treaty with the United States. Corporations can legally engage in tax avoidance through their choice of jurisdiction but must be careful to avoid illegal tax evasion . Corporations that are broadly active across

4032-558: The OLI framework. The other theoretical dimension of the role of multinational corporations concerns the relationship between the globalization of economic engagement and the culture of national and local responses. This has a history of self-conscious cultural management going back at least to the 60s. For example: Ernest Dichter, architect, of Exxon's international campaign, writing in the Harvard Business Review in 1963,

4144-610: The ONE Championship: Dynasty of Heroes on May 26, 2017. He won the fight via submission due to an arm-triangle choke in the first round. Askren then faced Zebaztian Kadestam at the ONE Championship: Shanghai on September 7, 2017. He won the fight via TKO due to punches. Askren then faced fellow veteran Shinya Aoki at ONE Championship: Immortal Pursuit on November 24, 2017. Prior to the bout, he claimed this would be his last fight. He won

4256-464: The Third World colonies. That changed dramatically after 1945 as investors turned to industrialized countries and invested in manufacturing (especially high-tech electronics, chemicals, drugs, and vehicles) as well as trade. Sweden's leading manufacturing concern was SKF , a leading maker of bearings for machinery. In order to expand its international business, it decided in 1966 it needed to use

4368-636: The U.S. applies its corporate taxation "extraterritorially", which has motivated tax inversions to change the home state. By 2019, most OECD nations, with the notable exception of the U.S., had moved to territorial tax in which only revenue inside the border was taxed; however, these nations typically scrutinize foreign income with controlled foreign corporation (CFC) rules to avoid base erosion and profit shifting . In practice, even under an extraterritorial system, taxes may be deferred until remittance, with possible repatriation tax holidays , and subject to foreign tax credits . Countries generally cannot tax

4480-609: The UK and Ireland. In August 2022, ONE Championship announced an anti-doping partnership with International Doping Tests & Management , a subsidiary of Drug Free Sport International, who will independently handle all testing of its fighters for "illegal substances", beginning with ONE 160 that month. Although the organization planned to introduce World Anti-Doping Agency standard testing in 2019, prior to its partnership with International Doping Tests & Management , ONE had not publicly drug-tested its athletes. ONE Championship uses

4592-541: The United States sanctions against Iran ; European companies faced with the possibility of losing access to the U.S. market by trading with Iran. International investment agreements also facilitate direct investment between two countries, such as the North American Free Trade Agreement and most favored nation status. Raymond Vernon reported in 1977 that of the largest multinationals focused on manufacturing, 250 were headquartered in

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4704-506: The United States scrutinizes foreign investments. In addition, corporations may be prohibited from various business transactions by international sanctions or domestic laws. For example, Chinese domestic corporations or citizens have limitations on their ability to make foreign investments outside China, in part to reduce capital outflow . Countries can impose extraterritorial sanctions on foreign corporations even for doing business with other foreign corporations, which occurred in 2019 with

4816-614: The United States as the largest consumer and guarantor of the existing oil security order. Since the Iraq War, OPEC has had only a minor influence on oil prices, but it has expanded to 11 members, accounting for about 40 percent of total global oil production, although this is a decline from nearly 50 percent in 1974. Oil has practically become a common commodity, leading to much more volatile prices. Most OPEC members are wealthy, and most remain dependent on oil revenues, which has serious consequences, such as when OPEC members were pressured by

4928-461: The United States from 2010. The USA became the leading oil producer, creating tension with OPEC. In 2014, Saudi Arabia increased production to push new American producers out of the market, leading to lower prices. OPEC then reduced production in 2016 to raise prices, further worsening relations with the United States. By 2012, only 7% of the world's known oil reserves were in countries that allowed private international companies free rein; 65% were in

5040-629: The United States, 115 in Western Europe, 70 in Japan, and 20 in the rest of the world. The multinationals in banking numbered 20 headquartered in the United States, 13 in Europe, nine in Japan and three in Canada. Today multinationals can select from a variety of jurisdictions for various subsidiaries, but the ultimate parent company can select a single legal domicile ; The Economist suggests that

5152-766: The VOC in 1799, and during the 19th century, other governments increasingly took over private companies, most notably in British India. During the process of decolonization , the European colonial charter companies were disbanded, with the final colonial corporation, the Mozambique Company , dissolving in 1972. Mining of gold, silver, copper, and oil was a major activity early on and remains so today. International mining companies became prominent in Britain in

5264-507: The West to the post-colonial South and invest either in foreign expenditures or ostentatious economic development projects. After 1974, most of the money from OPEC members ceased as payments for goods and services or investments in Western industry. In February 1974, the first Washington Energy Conference was convened. The most significant contribution of this conference was the establishment of

5376-662: The World . Following IBJJF no-gi rules, Angela Lee, Shinya Aoki , and Michelle Nicolini were among the participants. On 10 November 2017, ONE Featherweight World Champion Martin Nguyen became the promotion's first simultaneous two-division champion when he knocked out Eduard Folayang for the ONE Lightweight World Championship at ONE: Legends of the World . Xiong Jing Nan defeated Tiffany Teo at ONE: Kings of Courage on 20 January 2018 to win

5488-660: The annual Beat the Streets benefit event. After spending a little over a year in retirement from his MMA career, Askren announced a successful hip surgery in 2020 and revealed that he intends to return to competitive freestyle wrestling soon. Askren made his professional MMA debut on February 7, 2009. It was held by Headhunter Productions at the Holiday Inn Select Executive Center in Columbia, Missouri . He defeated Josh Flowers via TKO early in

5600-469: The behavior of multinational corporations, given that they are effectively "stateless" actors, is one of several urgent global socioeconomic problems that has emerged during the late twentieth century. Potentially, the best concept for analyzing society's governance limitations over modern corporations is the concept of "stateless corporations". Coined at least as early as 1991 in Business Week ,

5712-503: The category. Askren was a participant in Bellator Fighting Championships Season 2 Welterweight Tournament. In his first fight, Askren defeated Ryan Thomas via technical submission at Bellator 14 on April 15, 2010. The outcome of the fight was controversial because Thomas protested the stoppage as soon as Askren released the choke. After Jim Wallhead was pulled from the tournament, Thomas

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5824-742: The collapse of the Shah's regime in Iran. Iran became a regional power due to oil money and American weapons. The Shah eventually abdicated and fled the country. This prompted a strike by thousands of Iranian oil workers, significantly reducing oil production in Iran. Saudi Arabia tried to cope with the crisis by increasing production, but oil prices still soared, leading to the "second oil shock." Saudi Arabia significantly reduced oil production, losing most of its revenues. In 1986, Riyadh changed course, and oil production in Saudi Arabia sharply increased, flooding

5936-654: The companies. This occurred in 1960. Prior to the 1973 oil crisis , the Seven Sisters controlled around 85 percent of the world's petroleum reserves . In the 1970s, most countries with large reserves nationalized their reserves that had been owned by major oil companies. Since then, industry dominance has shifted to the OPEC cartel and state-owned oil and gas companies, such as Saudi Aramco , Gazprom (Russia), China National Petroleum Corporation , National Iranian Oil Company , PDVSA (Venezuela), Petrobras (Brazil), and Petronas (Malaysia). A unilateral increase in oil prices

6048-615: The competition, initially via an "open attack" rule, which required fighters to get permission from the referee to use them. In September 2012, the company adopted the Pride Fighting Championships ' rules on the technique, allowing fighters to use soccer kicks without asking for permission from the referee. Soccer kicks were banned entirely in August 2016 as part of the company's worldwide expansion plans. Sityodtong stated that despite studies showing that soccer kicks are

6160-510: The conception was theoretically clarified in 1993: that an empirical strategy for defining a stateless corporation is with analytical tools at the intersection between demographic analysis and transportation research. This intersection is known as logistics management , and it describes the importance of rapidly increasing global mobility of resources. In a long history of analysis of multinational corporations, we are some quarter-century into an era of stateless corporations—corporations that meet

6272-643: The creation of a "world customer". The idea of a global corporate village entailed the management and reconstitution of parochial attachments to one's nation. It involved not a denial of the naturalness of national attachments, but an internationalization of the way a nation defines itself. "Multinational enterprise" (MNE) is the term used by international economist and similarly defined with the multinational corporation (MNC) as an enterprise that controls and manages production establishments, known as plants located in at least two countries. The multinational enterprise (MNE) will engage in foreign direct investment (FDI) as

6384-487: The current largest and most influential companies are publicly traded multinational corporations, including Forbes Global 2000 companies. The history of multinational corporations began with the history of colonialism . The first multi-national corporations were founded to set up colonial "factories" or port cities. The two main examples were the British East India Company founded in 1600 and

6496-726: The debate from a neo-liberal perspective in Storm over the Multinationals (1977). Ben Askren Benjamin Michael Askren (born July 18, 1984) is an American former professional mixed martial artist , professional boxer and Olympic wrestler . He was the former Bellator and ONE Welterweight Champion , remaining undefeated for over a decade before competing in the Ultimate Fighting Championship ( UFC ). An accomplished grappler , he

6608-538: The establishment of the ONE Super Series , which would feature kickboxing and Muay Thai bouts. The first event that featured bouts under Muay Thai and kickboxing rules was ONE: Heroes of Honor in Manila on 20 April 2018. The promotion signed notable names such as Giorgio Petrosyan , Nong-O Gaiyanghadao and Fabio Pinca to feature on the bill. Since the inception of ONE Super Series, some events have used

6720-490: The fight via TKO due to punches early in the first round. He retired from the sport after the win. Askren left the door open for one last match if he was made an offer to "prove I'm the best welterweight in the world". He discussed the possibility of facing Georges St-Pierre , claiming "He doesn't want a title fight. He just wants to build on his legacy," adding that he felt he would be the perfect opponent for St. Pierre. The contest never materialized. On November 3, 2018, it

6832-601: The fight via TKO due to strikes in the first round to become the new ONE Welterweight Champion. Askren faced Luis Santos in the main event at ONE Championship : Valor of Champions on April 24. The fight was ruled "no contest" after an accidental eye poke from Askren at 2:19 of round 1 rendered Santos unable to continue. In the next fight Askren beat Russia's Nikolay Aleksakhin at the ONE Championship: Global Warriors on April 15, 2016, by unanimous decision. Askren then fought Agilan Thani at

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6944-415: The fight via bulldog choke in the first round, through a controversial stoppage by referee Herb Dean . Replays appear to show Lawler's arm going limp and giving a thumbs up right after, which some attribute to Lawler slipping in and out of consciousness. Although controversial, Nevada Athletic Commission executive director Bob Bennett explained that the commission had "no problem" with Dean's decision to stop

7056-520: The fight via technical submission in round three. This fight earned him the Fight of the Night award. On November 18, 2019, Askren announced his official retirement from mixed martial arts competition. Since his retirement, as early as 2021, Askren has repeatedly expressed interest in returning for one more bout in mixed martial arts, should he be able to have a rematch with his former rival Masvidal in

7168-457: The fight with his wrestling and ground strikes, outstriking his opponent by a wide 248 to 3 margin before winning via TKO in the fourth round. On November 14, 2013, following a negotiation period, Bellator announced they had released Askren from the company, and that he was now an unrestricted free agent. On December 9, 2013, Askren signed a two-year, six-fight contract with ONE Championship . Askren met Bakhtiyar Abbasov, who had been riding

7280-471: The fight. Askren faced long–time veteran Jorge Masvidal on July 6, 2019, at UFC 239 . Leading up to the match, Askren utilized heavy trash-talk as usual. He was knocked out with a flying knee five seconds into the first round, the fastest knockout in UFC history, ending his undefeated run. Askren faced ADCC World Champion and MMA veteran Demian Maia on October 26, 2019, at UFC on ESPN+ 20 , and lost

7392-481: The firm makes direct investments in host country plants for equity ownership and managerial control to avoid some transaction costs . Sanjaya Lall in 1974 proposed a spectrum of scholarly analysis of multinational corporations, from the political right to the left. He put the business school how-to-do-it writers at the extreme right, followed by the liberal laissez-faire economists, and the neoliberals (they remain right of center but do allow for occasional mistakes of

7504-619: The first Lethwei fight in its history at ONE: Kingdom of Warriors on 18 July 2015 in Yangon, Myanmar . The fight showcased Burmese fighters Phyan Thway and Soe Htet Oo in a dark match and the result was a draw according to traditional Lethwei rules . At ONE: Spirit of Champions on 11 December 2015, Brandon Vera knocked out Paul Cheng in the first round to become the inaugural ONE Heavyweight World Champion . The promotion crowned two more inaugural champions at ONE: Ascent to Power on 6 May 2016. Roger Gracie submitted Michal Pasternak for

7616-481: The first " trade " in MMA history on 27 October 2018. ONE Welterweight Champion Ben Askren was released from his contract so he could sign with the UFC and former UFC Flyweight Champion Demetrious Johnson was released from his contract so he could sign with ONE. Dejdamrong Sor Amnuaysirichoke became the first ONE Strawweight World Champion after beating Roy Doliguez on 22 May 2015 at ONE: Warrior's Quest . ONE held

7728-490: The first round. Askren had his second fight at Patriot Act 2 in Columbia, Missouri . He defeated Mitchell Harris via submission by arm triangle. The fight was at a catchweight of 175 pounds. Askren competed at the 2009 ADCC Submission Wrestling World Championship from September 26–27, in Barcelona, Spain. He won his first match against Toni Linden by arm triangle choke . He lost his second match to Pablo Popovitch ,

7840-427: The grappler who was awarded the last catch will be named the winner. If there are no catches, the judges will award victory to the athlete who showed more aggression. Yellow cards are issued to grapplers who stall. Once an athlete is issued a yellow card, the only way that athlete can win is by submission. Prior to May 20, 2022, submission grappling matches could only be won via submission and were automatically declared

7952-416: The hands of state-owned companies that operated in one country and sold oil to multinationals such as BP, Shell, ExxonMobil and Chevron. Down through the 1930s, about 80% of the international investments by multinational corporations were concentrated in the primary sector, especially mining (especially oil) and agriculture (rubber, tobacco, sugar, palm oil , coffee, cocoa, and tropical fruits). Most went to

8064-488: The inaugural ONE Light Heavyweight World Championship . The inaugural ONE Women's Atomweight World Championship title match saw 19-year-old Angela Lee defeat Mei Yamaguchi to become the first female champion in ONE and one of the youngest ever titleholders in combat sports. On 13 August 2016, ONE Championship held its first grappling tournament in Cotai, Macau ; One Grappling Challenge Macao took place before ONE: Heroes of

8176-431: The inaugural ONE Lightweight World Champion . The inaugural ONE Featherweight World Championship followed on 3 February 2013 at ONE FC: Return of Warriors , where Honorio Banario defeated Eric Kelly. After having to be rescheduled from 2013, the inaugural ONE Welterweight World Championship bout took place at ONE FC: War of Nations on 14 March 2014. It saw Nobutatsu Suzuki defeat Brock Larson . At ONE FC: Rise of

8288-643: The inaugural ONE Women's Strawweight Muay Thai World Championship . ONE awarded their first belt for submission grappling on 1 October 2022 at ONE on Prime Video 2 , where Mikey Musumeci defeated Cleber Souza for the ONE Flyweight Submission Grappling World Championship . ONE held its first event in America, ONE Fight Night 10 , at the 1stBank Center in Broomfield, Colorado on 5 May 2023. Colorado

8400-646: The inaugural ONE Women's Strawweight World Championship . mONE crowned its first champion in Muay Thai at ONE: Unstoppable Dreams on 18 May 2018, when Sam-A Gaiyanghadao stopped Sergio Wielzen for the inaugural ONE Flyweight Muay Thai World Championship . This was followed by ONE's first kickboxing champion at ONE: Battle for the Heavens on 7 July 2018, when the inaugural ONE Atomweight Kickboxing World Championship bout saw Kai Ting Chuang defeat Yodcherry Sityodtong. On 6 October 2018, ONE: Kingdom of Heroes

8512-576: The international oil market. Iran was unable to sell any of its oil. In August 1953, the then-prime minister was overthrown by a pro-American dictatorship led by the Shah, and in October 1954, the Iranian industry was denationalized. Worldwide oil consumption increased rapidly between 1949 and 1970, a period known as the 'golden age of oil'. This increase in consumption was caused not only by the growth of production by multinational oil companies but also by

8624-415: The internationalization of production. For the first time in history, production, marketing, and investment are being organized on a global scale rather than in terms of isolated national economies. International business is also a specialist field of academic research. Economic theories of the multinational corporation include internalization theory and the eclectic paradigm . The latter is also known as

8736-460: The largest recipients. However, 70% of foreign direct investment went into developed countries in the form of stocks and cash flows. The rise in the number of multinational companies could be due to a stable political environment that encourages cooperation, advances in technology that enable management of faraway regions, and favorable organizational development that encourages business expansion into other countries. A multinational corporation (MNC)

8848-474: The laws and regulations of both their domicile and the additional jurisdictions where they are engaged in business. In some cases, the jurisdiction can help to avoid burdensome laws, but regulatory statutes often target the "enterprise" with statutory language around "control". As of 1992 , the United States and most OECD countries have the donot legal authority to tax a domiciled parent corporation on its worldwide revenue, including subsidiaries. As of 2019 ,

8960-494: The market with cheap oil. This caused a worldwide drop in oil prices, hence the "third oil shock" or "counter-shock." However, this shock represented something much bigger—the end of OPEC's dominance and its control over oil prices. Iraqi President Saddam Hussein decided to attack Kuwait. The invasion sparked a crisis in the Middle East, prompting Saudi Arabia to request assistance from the United States. The United States sent

9072-543: The marketplace such as externalities). Moving to the left side of the line are nationalists, who prioritize national interests over corporate profits, then the "dependencia" school in Latin America that focuses on the evils of imperialism, and on the far left the Marxists. The range is so broad that scholarly consensus is hard to discern. Anti-corporate advocates criticize multinational corporations for being without

9184-583: The points tally is equal, then the judges utilize the "ONE Judging Criteria" to determine a winner: ONE utilizes the Global Submission Grappling Rule Set. Matches consist of a single 10 minute round. Victory can be obtained by submission, verbal tapout, referee stoppage "due to imminent danger", request for stoppage by cornerman, or by judges' decision. Three judges score the bout by the number of catches, or "legitimate" submission attempts. If there are an equal number of catches,

9296-560: The price collapse in 1998–1999. The United States still maintains close relations with Saudi Arabia. In 2003, U.S. forces invaded Iraq with the aim of removing the dictatorship and gaining access to Iraqi oil reserves, giving the United States greater strategic importance from 2000 to 2008. During this period, there was a constant shortage of oil, but its consumption continued to rise, maintaining high prices and leading to concerns about "peak oil". From 2005 to 2012, there were advances in oil and gas extraction, leading to increased production in

9408-431: The promotion's first two-sport champion. 2019 also saw the introduction of multiple ONE championship titles in kickboxing. The inaugural ONE Flyweight Kickboxing World Championship match took place at ONE: Warriors of Light on 10 May 2019, where Petchdam Petchyindee Academy defeated Elias Mahmoudi . In December 2021, ONE raised an additional $ 150 million through an investing round led by Guggenheim Investments and

9520-611: The realities of the needs of source materials on a worldwide basis and to produce and customize products for individual countries. One of the first multinational business organizations, the East India Company , was established in 1601. After the East India Company came the Dutch East India Company , founded on March 20, 1603, which would become the largest company in the world for nearly 200 years. The main characteristics of multinational companies are: When

9632-622: The right circumstances, should they be presented in the future. After a back-and-forth on social media, Askren fought Jake Paul in a boxing match on April 17, 2021, losing by TKO in round one. The fight sold 500,000 PPV buys. He is competitive in the sport of disc golf . In 2009, Askren finished ninth in the Amateur World Championships. Askren is sponsored by Discraft . He is also involved in cryptocurrency investing. Askren married his wife Amy in 2010 and together they have three children. Askren co-hosts

9744-693: The same as a normal head kick to a standing opponent because you cannot generate any more pivotal force, the technique invites "bad publicity". ONE Championship uses the Global Kickboxing Rule Set and the Global Muay Thai Rule Set. In kickboxing, fighters wear boxing gloves , with athletes weighing at or below 65.8 kilograms (bantamweight) wearing 8-oz gloves and athletes weighing above wearing 10-oz gloves. In Muay Thai, fighters wear 4-ounce mixed martial arts gloves. Matches vary in maximum length, depending on whether it

9856-914: The semifinals of the Cerro Pelado International in Cuba. This came shortly after Askren won the Dave Schultz Memorial International. Later the same year, Askren defeated 2009 world silver medalist Jake Herbert in a folkstyle rules match at the Midlands Tournament. Askren also competed in the Agon Wrestling Championships and the Flo Premier League. In May 2019, Askren lost by technical superiority to five–time World and Olympic champion Jordan Burroughs in

9968-533: The sold-out Singapore Indoor Stadium . On 31 March 2012, the promotion held its first female MMA fight during ONE FC: War of the Lions at the same stadium. It saw Nicole Chua, Singapore's first female professional MMA fighter, submit seven time Indian kickboxing champion Jeet Toshi . On 6 October 2012, ONE crowned its first two champions at ONE FC: Rise of Kings ; Soo Chul Kim became the inaugural ONE Bantamweight World Champion by stopping Leandro Issa , and Kotetsu Boku defeated Zorobabel Moreira by TKO to become

10080-501: The strong influence of the United States on the global oil market. In 1959, companies lowered the price of oil due to a surplus in the market. This reduction dealt a significant blow to the finances of producers. Saudi oil minister Abdullah Tariki and Venezuela’s Juan Perez Alfonso entered into a secret agreement (the Mahdi Pact), promising that if the price of oil was lowered a second time, they would take collective action against

10192-466: The third round with a spinning back fist and several other strikes, he was caught with an overhand right by Thompson, causing Askren to take down and control Thompson for the remainder of the round. Askren went on to win by unanimous decision (30–26, 30–27, and 30–27). Following his unanimous decision win over Thompson in a non-title affair at Bellator 40 in Newkirk, Oklahoma , Askren revealed that he

10304-496: The world market, jobs for locals, and business and profits for companies. Cecil Rhodes (1853–1902) was one of the few businessmen in the era who became Prime Minister (of South Africa 1890–1896). His mining enterprises included the British South Africa Company and De Beers . The latter company practically controlled the global diamond market from its base in southern Africa. In 1945, the United States

10416-573: The world without a concentration in one area have been called stateless or "transnational" (although "transnational corporation" is also used synonymously with "multinational corporation" ), but as of 1992, a corporation must be legally domiciled in a particular country and engage in other countries through foreign direct investment and the creation of foreign subsidiaries. Geographic diversification can be measured across various domains, including ownership and control, workforce, sales, and regulation and taxation. Multinational corporations may be subject to

10528-503: The worldwide revenue of a foreign subsidiary, and taxation is complicated by transfer pricing arrangements with parent corporations. For small corporations, registering a foreign subsidiary can be expensive and complex, involving fees, signatures, and forms; a professional employer organization (PEO) is sometimes advertised as a cheaper and simpler alternative, but not all jurisdictions have laws accepting these types of arrangements. Disputes between corporations in different nations

10640-1009: Was CEO International until leaving the organization in early 2022 to become president and CEO of the Edmonton Elks . Former Strikeforce and UFC Women's Bantamweight Champion Miesha Tate was a vice president of ONE from 2018 until 2021, when she returned to active competition as a fighter. ONE fights have been broadcast by RCTI (2015–2017), GTV (2012, repeat only for 2020–2021), iNews (2015–2017, repeat only for 2020–present), Moji (repeat only for 2022–2023, delayed in 2024-present), Indosiar (delayed in 2013–2014), SCTV (delayed in 2018–2022), Vidio (live in 2018–2022, 2024–present), Netverse (live in 2022–2023), NET. (delayed in 2022–2023) and BTV (repeat only for 2022–present) in Indonesia , MediaCorp Channel 5 (temporarily) in Singapore , ABS-CBN S+A / TV5 / One Sports / LIGA Channel in

10752-434: Was a 2008 US Olympic Team Member and National champion in freestyle wrestling . He also was the 2005 Pan American champion as a freestyle wrestler. In college, Askren was a two–time NCAA Division I national champion (four–time finalist), and three–time Big 12 Conference champion (four–time finalist) for the Missouri Tigers , and was the second wrestler to secure multiple Dan Hodge Trophies (the wrestling equivalent of

10864-490: Was a title defense against Karl Amoussou , the fight taking place at Bellator 86 on January 24, 2013. Askren once again used his top control wrestling to shut down his opponents grappling , and opened a cut on Amoussou's forehead with an elbow strike. The doctor stepped in between the third and fourth rounds, judging the cut too severe for Amoussou to continue. In the final fight of his contract, Askren faced tournament winner Andrey Koreshkov at Bellator 97 . He dominated

10976-670: Was able to adapt fairly well to freestyle wrestling after his graduation from college. After working on adapting his style during 2007, Askren claimed the US National Championship in April and followed up by making the US Olympic Team in June. At the 2008 Summer Olympics , Askren defeated Hungarian István Veréb via fall in the first round, but fell in the quarterfinals to Cuba's Iván Fundora on points. Fundora

11088-650: Was announced that ONE VP Rich Franklin would head up a competition called the ONE Warrior Series , searching for up-and-coming martial artists in Asia. The prize is a six-figure contract with the organization, with the winner determined based on their performance instead of victories. The most recent edition of the ONE Warrior series in its initial format was ONE Warrior Series 10 , which aired on February 19, 2020. On September 12, 2022, ONE Warrior Series made

11200-475: Was announced that the UFC had signed Askren under the "trade UFC and One Championship agreement", in exchange for former UFC Flyweight Champion Demetrious Johnson . Askren made his UFC debut against the former UFC Welterweight Champion Robbie Lawler on March 2, 2019, at UFC 235 . The bout was initially scheduled for UFC 233 , but after the event was cancelled the fight was rescheduled for UFC 235. Askren won

11312-732: Was chosen because its athletic commission was the first to approve ONE's rule set. The organization had initially planned on debuting in the US years prior, but was ultimately delayed due to the COVID-19 pandemic. ONE Championship is operated by Group ONE Holdings, whose leadership and executive team are chairman and chief executive officer Chatri Sityodtong , vice chairman Saurabh Mittal , group president Hua Fung Teh, and chief financial officer Jesley Chua. Matches are made by matchmaker and Vice President of Operations, Matt Hume . In May 2014, former UFC Middleweight Champion Rich Franklin became

11424-438: Was enabled by multinational corporations known as the 'Seven Sisters'. The "Seven Sisters" was a common term for the seven multinational companies that dominated the global petroleum industry from the mid-1940s to the mid-1970s. The nationalization of the Iranian oil industry in 1951 by Iranian Prime Minister Mohammad Mosaddegh and the subsequent boycott of Iranian oil by all companies had dramatic consequences for Iran and

11536-448: Was fully aware that the means to overcoming cultural resistance depended on an "understanding" of the countries in which a corporation operated. He observed that companies with "foresight to capitalize on international opportunities" must recognize that " cultural anthropology will be an important tool for competitive marketing". However, the projected outcome of this was not the assimilation of international firms into national cultures, but

11648-466: Was given another chance to compete. Thomas defeated Jacob McClintock by TKO in the first round at Bellator 15 and was awarded a rematch with Askren. When the two fought at Bellator 19 , Askren came out victorious again with a unanimous decision after controlling Thomas with wrestling for three rounds. At Bellator 22 , Askren defeated Dan Hornbuckle via unanimous decision with his superior wrestling dominating Hornbuckle for all three rounds, becoming

11760-612: Was headlined by Srisaket Sor Rungvisai defending his World Boxing Council championship against Iran Diaz. This is the only boxing match under the ONE Championship banner to date. February 2019 saw the inaugural ONE Bantamweight Muay Thai World Championship and ONE Atomweight Muay Thai World Championship matches. The former took place on 16 February 2019 at ONE: Clash of Legends , where Nong-O Gaiyanghadao defeated Han Zihao . The latter took place at ONE: Call to Greatness on 22 February 2019, where ONE Atomweight Kickboxing World Champion Stamp Fairtex defeated Janet Todd to become

11872-513: Was known for his pinning ability as well as his massive afro. His peculiar and uncommon body shape for a wrestler allowed him to complete moves that his competition could not, thus constantly putting them in awkward positions. On January 9, 2012, it was announced that Askren would be one of six new inductees to the University of Missouri Intercollegiate Athletics Hall of Fame. Despite his style relying heavily in folkstyle rules, Askren

11984-546: Was labeled as "the largest nonviolent transfer of wealth in human history." The OPEC sought immediate discussions regarding participation in national oil industries. Companies were not inclined to object as the price hike benefited both them and OPEC members. In 1980, the Seven Sisters were entirely displaced and replaced by national oil companies (NOCs). The rise in oil prices burdened developing countries with balance of payments deficits, leading to an energy crisis. OPEC members had to abandon their plan of redistributing wealth from

12096-544: Was moving to Milwaukee to train under Duke Roufus at Roufusport . Askren successfully defended his title against season 4 welterweight tournament winner Jay Hieron at Bellator 56 following a close split decision. Askren successfully defended his title against season 5 welterweight tournament winner Douglas Lima at Bellator 64 on April 6, 2012, on Good Friday at the Caesars in Windsor, Canada. Next for Askren

12208-528: Was that he believed that martial arts was Asia's "cultural treasure", yet there was no Pan-Asian promotion to unite the continent. "My vision is to make ONE Asia's first multi-billion-dollar sports media property. Every other region has them[...] But there is absolutely nothing like that on a pan-Asian basis." He chose Singapore as the promotion's base because of its location and communications infrastructure. One Fighting Championship held their first event, ONE FC: Champion vs. Champion , on 3 September 2011 at

12320-513: Was the world's largest oil producer. However, their reserves were declining due to high demand. Therefore, the United States turned to foreign oil sources, which had a significant impact on the recovery of the West after World War II. Most of the world's oil was found in Latin America and the Middle East, particularly in the Arab states of the Persian Gulf. This increase in non-American production

12432-583: Was then defeated by Russia's Buvaisar Saitiev , thus eliminating Askren's chances of competing for a medal. Askren was then asked if inexperience in the new ruleset was a factor, but he responded; "That wasn't it," he said with tears in his eyes, "I just wasn't good enough. I sucked." Although Askren decided to pursue a career in MMA after the Olympics, he continued to compete in wrestling occasionally. In 2010, he avenged his Olympic loss by defeating Fundora in

12544-407: Was well received by athletes in the organization, as well as other stakeholders in the MMA industry. On February 18, 2023, Dr. Oliver Barley revealed that the urine specific gravity tests were ineffective. Barley described the tests as being “ridiculously easy” to cheat and also admitted to having helped some ONE Championship athletes pass their hydration tests with weight cuts. In November 2017, it

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