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IMF cuts Saudi Arabia's growth forecast to 0.8% for 2023
IMF cuts Saudi Arabia's growth forecast to 0.8% for 2023
DUBAI The International Monetary Fund further lowered its GDP growth forecast for Saudi Arabia for 2023 to 0.8%
2023-10-10 18:54
UK and Ireland confirmed as joint hosts of Euro 2028
UK and Ireland confirmed as joint hosts of Euro 2028
The UK and Ireland’s bid to host Euro 2028 has been formally approved, UEFA has announced. Ten stadia across the five nations will host the matches in five years’ time, with analysts projecting a three billion euro (£2.6bn) boost to the host nation economies on the back of the tournament. The bid was unopposed after Turkey withdrew to focus on a joint bid for the 2032 finals alongside Italy, and it was given the official seal of approval by UEFA’s executive committee on Tuesday morning. Wembley is set to host the final – and potentially both semi-finals – with the other English venues included in April’s final bid submission being the Tottenham Hotspur Stadium, the Etihad Stadium, Villa Park, St James’ Park and Everton’s new ground at Bramley-Moore Dock. Cardiff’s Principality Stadium, Hampden Park in Glasgow, Dublin’s Aviva Stadium and a redeveloped Casement Park in Belfast will also host matches. Culture Secretary Lucy Frazer welcomed the news, saying: “I’m thrilled we’ve secured UEFA EURO 2028. It will be the biggest sporting event ever jointly hosted in the UK and Ireland. “We will put on a brilliant tournament with fans at its heart. We will warmly welcome fans from across Europe to our islands’ shores and give people memories that will last a lifetime. “On top of that, the tournament is expected to deliver up to £2.6 billion of socio-economic benefit across the host nations, creating jobs and opportunities.” All five nations are expected to go through qualification for the tournament, with UEFA understood to be reserving two host nation places for any of the teams which do not make it on merit. The UK-Ireland bid would have been the overwhelming favourite to host Euro 2028 even if Turkey had remained in the race. Senior UEFA sources have repeatedly stressed the importance of hosting another European Championship in a major market – following on from Euro 2024 in Germany – as essential to boosting UEFA’s finances in the wake of the Covid-19 pandemic. There will still be issues for the bid team to resolve over the next five years however – with agreement still to be reached on who will fund the redevelopment of Casement Park. Plans for a 34,000 stadium have been delayed by legal challenges and are further complicated by the lack of a functioning Executive at Stormont. Costs have also risen from an original estimate of £77.5million to more than £100m. The GAA is part-funding the project but has not reached an agreement with Stormont over where the remainder will come from. Tuesday’s decision means England will be involved in hosting a Euros for a third time. They hosted alone in Euro 96 and were one of 11 countries involved in staging the continent-wide Euro 2020. The UK and Ireland associations first announced they were focusing on a bid for Euro 2028 in February last year. It had been expected that they would bid for the centenary World Cup in 2030 but Football Association chief executive Mark Bullingham admitted at the time there were “many areas of uncertainty” with doing so, leading to the switch in focus. Read More James Ryan and Mack Hansen injury doubts for Ireland against New Zealand Dawid Malan hits superb hundred as England post 364 for nine against Bangladesh Anna Shackley looks forward after ‘a really nice last couple of months’ Football rumours: Manchester United looking to send Jadon Sancho out on loan Last-quarter touchdown seals win for Las Vegas Raiders against Green Bay Packers On this day in 2015: Kevin Sinfield has fairytale finish to rugby league career
2023-10-10 18:53
IMF leaves global 2023 economic growth outlook unchanged
IMF leaves global 2023 economic growth outlook unchanged
The International Monetary Fund on Tuesday left its global growth outlook unchanged for this year as the "remarkable
2023-10-10 18:48
Ronald Koeman explains Ryan Gravenberch omission from Netherlands squad
Ronald Koeman explains Ryan Gravenberch omission from Netherlands squad
Netherlands manager Ronald Koeman has confirmed that Ryan Gravenberch has not been called up for international duty due to previously dropping out of the squad.
2023-10-10 18:46
These tips can help Gen Z can avoid online financial scams
These tips can help Gen Z can avoid online financial scams
By Chris Taylor When you think of those most likely to get scammed online, what kind of person comes to
2023-10-10 18:29
Sollum Dynamic LED Grow Lights Selected by Proplant Propagation
Sollum Dynamic LED Grow Lights Selected by Proplant Propagation
MONTRÉAL, Québec--(BUSINESS WIRE)--Oct 10, 2023--
2023-10-10 18:28
Israel-Gaza attack: Jewish community's safety a priority, says Cleverly
Israel-Gaza attack: Jewish community's safety a priority, says Cleverly
History shows they are inappropriately targeted over actions in the Middle East, the foreign secretary says.
2023-10-10 18:28
US bank profits set to rise on higher rates while Wall Street lags
US bank profits set to rise on higher rates while Wall Street lags
By Tatiana Bautzer, Saeed Azhar and Niket Nishant NEW YORK Profits at the biggest U.S. consumer lenders are
2023-10-10 18:26
Sam Bankman-Fried's ex-girlfriend set to take stand as fraud trial's star witness
Sam Bankman-Fried's ex-girlfriend set to take stand as fraud trial's star witness
By Luc Cohen NEW YORK Sam Bankman-Fried's fraud trial is set to resume on Tuesday with testimony from
2023-10-10 18:24
Svante Secures Commercial Supply of MOF Advanced Sorbent Materials with BASF for Carbon Capture Market
Svante Secures Commercial Supply of MOF Advanced Sorbent Materials with BASF for Carbon Capture Market
VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct 10, 2023--
2023-10-10 18:21
China issues legal guidelines to support private business
China issues legal guidelines to support private business
BEIJING China's highest court on Tuesday issued guidelines to improve the legal environment for private business, state media
2023-10-10 18:20
Euro 2028 LIVE: Uefa announce UK and Ireland as hosts - with Euro 2032 location also confirmed
Euro 2028 LIVE: Uefa announce UK and Ireland as hosts - with Euro 2032 location also confirmed
The United Kingdom and Ireland are set to be announced as the hosts for Uefa Euro 2028 with another joint bid between Turkey and Italy the likely destinations for the 2032 edition. Uefa still need to grant official approval to the bids, which have so far been unopposed, when they meet Switzerland on Tuesday. Ten stadiums across the UK and Ireland are set to play host to Euro 2028 with Wembley Stadium (London), Principality Stadium (Cardiff), Hampden Park (Glasgow), Aviva Stadium (Dublin), and Casement Park (Belfast) all named as venues in the bid. The final is due to be held at Wembley, the same location where the Lionesses won the 2022 Euros and where the men lost to Italy in the 2020 Euro final. Germany host the competition next year after the previous edition was held in 2021 due to the Covid-19 pandemic. Follow along with all of the latest updates as the 2028 and 2032 hosts are announced. Read More Euro 2028 venues: UK and Ireland name 10 stadiums as Anfield and Old Trafford miss out UK and Ireland set to host Euro 2028 after Turkey withdraw bid Saudi Arabia bid for 2034 World Cup strengthened after Australia and New Zealand hit hurdle
2023-10-10 18:20
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