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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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Money

Why is “Stagflation” so significant?

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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News

TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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