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“Soft Dollar Boosts Appeal: Gold Prices Rise”

RIYADH: Gold climbed on Monday after a weaker dollar made bullion more attractive for overseas investors, although prices hovered close to three-month lows as traders assessed prospects of more interest rate hikes by the US Federal Reserve. Spot gold rose 0.3 percent to $1,926.19 per ounce by 8:38 a.m. Saudi time. US gold futures also gained 0.3 percent to $1,936.00. Bullion slumped nearly 2 percent in the previous week as hawkish comments from Fed officials signaled more rate hikes to tame sticky inflation.

UEFA President Apologizes for Champions League Final Issues in Paris and Istanbul

MANCHESTER: UEFA president Aleksander Ceferin admitted on Thursday that there were problems with this year’s Champions League final after fans were caught up in gridlocked traffic around the Ataturk Olympic Stadium in Istanbul. There were reports that some supporters had to get out of buses and walk for miles ahead of Manchester City’s 1-0 win against Inter Milan in European club soccer’s biggest game on June 10, with problems after the final as well.

Tiafoe’s Grass Winning Streak Halted by Korda at Queen’s Club (Google-friendly)

LONDON: Frances Tiafoe’s winning run on grass was ended by Sebastian Korda in an all-American second-round match at the Queen’s Club Championships on Wednesday. Korda won 7-6 (2), 6-3 to end the fourth-seeded Tiafoe’s bid to follow up his title in Stuttgart last week with another grass-court trophy ahead of Wimbledon. Tiafoe arrived in west London in a career-high spot of No. 10 but was beaten by a compatriot 22 places lower in the rankings, with Korda’s big serve coming to the fore on Center Court.

“IOC Warns Afghanistan of Paris Olympics Status Due to Denial of Women’s Sports”

GENEVA: The Afghanistan team’s status for the 2024 Paris Olympics was put in question Wednesday by the IOC over growing frustration with the Taliban blocking access to sport for women and girls. The International Olympic Committee said it “continues to be extremely concerned” about the sports situation in Afghanistan despite its repeated calls for action.

FAO predicts global food import bill to reach $1.98tn by 2023

RIYADH: The global food import bill is forecast to reach a record high of $1.98 trillion in 2023, up 1.5 percent from 2022, due to a combination of factors including an increase in international prices and higher volumes, the latest UN report showed.    The Food and Agriculture Organization of the UN in its biannual report stated that the anticipated increase in the 2023 bills will happen due to an additional $18.4 billion stemming from higher international prices and $12.9 billion from higher volumes. 

Sharjah Self-Defense Dominates AJP Tour Dubai Championship

DUBAI: The first two days of the AJP Tour Dubai International Jiu-Jitsu Championship 2023 – Gi have been dominated by Sharjah Self-Defense Sports Club at Al-Nasr Club. Day one saw action in the infants and junior divisions, with Sharjah securing the top spot, followed by Palms Sports Academy in second place and ADMA Academy third. On day two, in the teens, youth and masters’ categories, Sharjah again took the lead, with Commando Group and A.F.N.T. in second and third respectively.

“FIFA Forms Anti-Racism Taskforce with Vinicius as Member”

BARCELONA: FIFA will create an anti-racism taskforce in which Real Madrid forward Vinicius Junior will have a “prominent role,” the world football governing body said Thursday. Real Madrid winger Vinicius was racially abused by Valencia fans in May in an incident which provoked worldwide outrage, and has been the victim of multiple instances of racism during his time in Spain.

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