FC Barcelona has reportedly announced that first-team star Sergi Roberto will officially leave the club on Tuesday, August 13. According to Mundo Deportivo, the midfielder and right-back will bid farewell at a ceremony held at Camp Nou's Auditori 1899. The news follows reports of Roberto's contract renewal being delayed due to the team's financial struggles. With multiple transfer proposals reportedly in the works, Roberto is expected to play for another top-tier club.
Biden Discusses Exit from Presidential Race, Trump Weighs in on Immigration Policy
President Biden recently addressed his decision to drop out of the presidential race, sparking renewed debate. Meanwhile, former President Trump has criticized current immigration policies. Both leaders have taken to sharing their perspectives publicly.
The Japanese yen is experiencing an unwinding of carry trades, causing significant market fluctuations. Carry trades involve borrowing in a low-interest currency like the yen to invest in higher-yielding assets elsewhere. As investors unwind these positions, it can lead to increased volatility and changes in global markets.
Breaking news: Inflation data set to be released, accompanied by a press conference featuring US President Joe Biden and Vice President Kamala Harris. The event aims to provide insight into the current economic landscape and potential policy decisions. Stay tuned for updates.
The upcoming Paris Olympics are expected to generate record-breaking ticket sales, with over 10.6 million tickets sold or allocated. This surge in demand has led to concerns about a potential inflation spike in Europe, particularly due to the concentrated period of supernormal demand. Experts note that this phenomenon is unique compared to other mega events like Taylor Swift's Eras Tour. The Olympics' impact on the Parisian economy is still uncertain, but past Games have seen tourism booms and long-term economic benefits.
Iran's President Hassan Rouhani has nominated former nuclear negotiator, Abbas Araghchi, as the new Foreign Minister. This move comes amid ongoing diplomatic efforts to revive the 2015 Iran nuclear deal. As a seasoned diplomat, Araghchi brings expertise in international negotiations and relations.
Source: https://www.ft.com/content/b5c3b2d1-796f-40fb-b2c0-ead80c661dcd
New survey reveals that Vice President Kamala Harris is more trusted than former President Donald Trump on US economic matters. According to a recent Financial Times report, 46% of respondents believe Harris has the most trustworthiness when it comes to discussing the economy, while 34% prefer Trump. The findings highlight the shifting dynamics in American politics and public perceptions.
Source: https://www.ft.com/content/cf9a7c4d-3b82-4867-892c-f4f95daebbc7
The highly anticipated UFC 305 fight card is just around the corner, featuring a thrilling matchup between Dricus du Plessis and Israel Adesanya. The event takes place on August 17 at RAC Arena in Perth, Australia, with preliminary bouts starting at 6:30 p.m. ET on ESPN+, followed by main card action on ESPN+ PPV.
The Leagues Cup, a North American club soccer tournament featuring teams from Major League Soccer (MLS) and Liga MX, has sparked controversy among fans. The tournament's format, which involves a month-long break in the MLS season, has led some supporters' groups to boycott it. Critics argue that the Leagues Cup is taking away from the historic and inclusive US Open Cup, while others see it as an opportunity for exciting matchups between top teams.
Russian forces have failed to repel a Ukrainian incursion, according to reports. The development comes amid ongoing tensions between Russia and Ukraine. No casualties or significant damage were reported.
Source: https://www.ft.com/content/7dcb3009-ec9a-417a-b2e1-01c26c9349a0
The Federal Reserve's independence, stock market volatility, and Disney's push into new resorts are making headlines. The Fed's ability to make decisions independently is crucial for the economy, but some argue it may not always align with the best interests of all Americans. Meanwhile, the recent surge in stock market fluctuations has left investors on edge. On a more positive note, Disney's expansion into new resorts is expected to create jobs and stimulate local economies.
Are you struggling to get enough sleep? A recent article on Bloomberg suggests that naps might be a viable solution. According to experts, short power naps can help compensate for lack of nighttime sleep, improving cognitive function and overall health. However, it's essential to find the right balance: too many or too long naps can disrupt nighttime sleep patterns.
Lewis Hamilton believes McLaren can beat Red Bull in the F1 title chase, citing Sergio Perez's struggles at Red Bull. Mercedes has won three races recently, with George Russell and Lewis Hamilton taking top spot. Despite their resurgence, Max Verstappen remains 78 points clear of Lando Norris in the drivers' standings.
Red Bull's lead in the constructors' championship is fragile, with McLaren only 42 points behind. Sergio Perez's lack of form could see Red Bull's rivals close the gap further. Zak Brown, McLaren CEO, also sees a challenge for his team in the second half of the season.
Real Madrid's Attacking Trio for Super Cup Revealed, Reports Spanish Press
According to reports from Spanish press outlets SPORT and Mundo Deportivo, Real Madrid has decided on its attacking trio for the upcoming European Super Cup against Atlanta on August 14. Carlo Ancelotti is reportedly considering a 4-3-3 formation with Kylian Mbappé, Jude Bellingham, and Vinicius Jr. up front. Rodrygo may be left out in favor of Mbappé's arrival.
Adani Group has rejected allegations made by short-seller Hindenburg Research, calling them "malicious, mischievous and manipulative". The conglomerate denied having any commercial relationship with SEBI chief Madhabi Puri Buch or her husband, contradicting Hindenburg's claims of a complex financial structure. Both the Adani Group and the SEBI chief have issued statements denying any wrongdoing.
Hedge funds have increased their bearish bets on Japanese stocks, according to a recent report by Goldman Sachs. The report found that during the five-trading day week that ended on August 8, portfolio managers sold more Japanese stocks than they added to their short positions in four trading sessions, with only Tuesday being an exception. This trend is part of a broader market rout, as hedge funds globally have been betting against equities for four weeks running.
Tesla has halted orders for its cheapest Cybertruck model, priced at $61,000. Instead, the company is introducing a new $100,000 variant with immediate delivery options starting this month. The move comes as Tesla continues to prioritize higher-priced models and phase out less expensive versions. According to Cox Automotive, the Cybertruck sold nearly 4,800 units in July, its best month yet.
Manchester United Manager Erik Ten Hag Backs Marcus Rashford To Regain Form Amid Disappointing Community Shield Loss
A recent investigation by Hindenburg Research alleges that the Chair of India's Securities and Exchange Board (SEBI) had invested in funds linked to Adani, a Indian conglomerate. The claim has raised concerns about potential conflicts of interest and regulatory capture.
Source: https://www.ft.com/content/8ab8210b-75ff-4634-b6b1-35bdcc861cc6
Breaking news in India's financial sector! Madhabi Buch, chairperson of Securities and Exchange Board of India (SEBI), has come under scrutiny after a report by US-based short seller Hindenburg Research linked her to Adani Group's alleged financial misconduct. The report claims that Madhabi and her husband held clandestine stakes in obscure offshore funds used by the Adani Group.