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Macron finalizes $100bn climate finance accord with leaders in France

PARIS: Wealthy nations finalized an overdue climate finance pledge to developing countries worth $100 billion on Friday and created a fund for biodiversity and the protection of forests, France’s president said, according to Reuters. Emmanuel Macron was speaking at a final panel of a summit in Paris where some 40 leaders, including two dozen from Africa, China’s prime minister and Brazil’s president had gathered to give impetus to a new global finance agenda.

Egypt seeks to join BRICS, confirms Russian ambassador

RIYADH: In a bid to enhance trade and economic cooperation, Egypt has officially applied to join the five-member BRICS bloc of emerging economies, according to Georgy Borizenko, the Russian ambassador to Cairo.  The BRICS group comprises Brazil, Russia, India, China and South Africa. “Egypt has applied to join the BRICS group because one of the initiatives that BRICS is currently engaged in is the maximum transfer of trade to alternative currencies, whether national or the creation of some kind of joint currency. Egypt is very interested in this,” said Borizenko. 

“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.

Spain and Brazil to hold anti-racism friendly match in Madrid following Vinicius’ abuse.

MADRID: The Spanish and Brazilian football federations presented their plan on Tuesday for a friendly match at the Santiago Bernabeu in March 2024 to combat racism, after global outrage at the abuse of Real Madrid’s Vinicius Junior. The Brazil winger, 22, suffered racial abuse by Valencia supporters in May, provoking worldwide outrage after he squared off with fans in one stand.

“Nations League Final Four: Key Points to Prove”

ENSCHEDE, Netherlands: Aiming to follow in the footsteps of Portugal and France, four of Europe’s strongest sides this week battle to win the third edition of the UEFA Nations League. Hosts the Netherlands face Croatia in Rotterdam on Wednesday in the first semifinal, while Spain and Italy clash in Enschede on Thursday, ahead of Sunday’s final. None of the “final four” have won a trophy in over a decade, except for Italy — although the Euro 2020 champions have plenty to prove themselves after failing to qualify for the 2022 World Cup.

George Soros hands over control of his empire to younger son: WSJ

NEW YORK: Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with The Wall Street Journal published online Sunday.

French Open 2023: Swiatek and Sabalenka on Track for Final Showdown

PARIS: If Iga Swiatek meets Aryna Sabalenka for the French Open championship, more than the trophy would be at stake. The No. 1 ranking would be, too. But there’s work to be done for both players first — getting to the final. In Thursday’s semifinals, No. 2 Sabalenka of Belarus will play unseeded Karolina Muchova of the Czech Republic, before No. 1 Swiatek of Poland faces No. 14 Beatriz Haddad Maia of Brazil. Sabalenka is unbeaten in Grand Slam action in 2023; she won her first major title at the Australian Open in January.

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