World News

FIFA has abandoned its proposal to sell a 20% stake in a new unit managing World Cup events, intended to raise $4.2 billion, following significant opposition from member associations, particularly UEFA. President Gianni Infantino acknowledged the divisions the plan caused and confirmed the project’s discontinuation.

The United States and China have agreed to a temporary reduction in the tariffs they impose on each other’s imports, marking a significant—if short-term—easing in trade tensions between the two economic powers.

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