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Australia withdraws bid, Saudi Arabia poised for 2034 World Cup

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Australia has officially announced its decision not to bid for the hosting rights of the 2034 FIFA World Cup.

This decision comes as a shock to many, as Australia had been considered a strong contender in the race to host the prestigious tournament. Instead, it appears that Saudi Arabia is now in pole position to secure the coveted hosting rights.

The Australian Football Federation cited a variety of factors for its withdrawal from the bidding process. Among these reasons were concerns about the financial implications of hosting such a massive event, as well as the logistical challenges posed by the vast distances between Australian cities.

Additionally, there were reportedly concerns about the competition from other potential host nations.

With Australia out of the running, Saudi Arabia has emerged as the frontrunner to host the 2034 World Cup.

The Saudi bid has garnered significant support from FIFA officials and has been praised for its ambitious plans to develop state-of-the-art stadiums and infrastructure.

This would mark the first time that Saudi Arabia hosts the World Cup, representing a historic moment for the nation’s football community.

The decision by Australia not to bid for the 2034 World Cup has raised many questions about the future of the tournament. Will Saudi Arabia’s bid be successful, and how will they handle the challenges of hosting such a major sporting event?

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Wall Street wobbles as RBA and Tesla face tests

Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.

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Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.


Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.

Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.

#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom


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Bitcoin crash shakes global markets

Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.

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Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.


Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.

David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.

#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy


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Putin and Xi tighten alliance amid Western pressure

Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.

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Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.


Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.

The move comes as U.S. sanctions on Moscow intensify.

#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews


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