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Saudi Arabia partners with Brazilian firm to enhance food security

RIYADH: The Kingdom’s sovereign wealth fund-owned Saudi Agricultural and Livestock Investment Co. and South American firm Marfrig Global Foods SA have committed to buying shares in a potential new offering worth $900 million by BRF SA, Brazil’s biggest poultry producer.  BRF said in a bourse filing that SALIC offered to subscribe to 50 percent of the total offer or 500 million new shares.  Marfrig Global Foods SA, which owns 33 percent of BRF, pledged to buy the remaining 250 million shares, reported Reuters. 

Tunisia leads Arab teams in 2023 FIFA U-20 World Cup knock-out stages

There will be an Arab team in the knockout stages of the 2023 FIFA U-20 World Cup, but Tunisia made it through by the narrowest of margins and will take on Brazil in the second round on Wednesday. At the end of the group stage, the North Africans were the fourth of the four best third-placed teams to go through, edging out France courtesy of a slightly better goal difference after both finished on three points. It shouldn’t have been so tense. Earlier on Sunday, Tunisia were heading for a 0-0 draw against Uruguay in Group E that would have been enough.

Real Madrid beats Rayo with Rodrygo’s late goal and tributes to Vinicius Junior.

MADRID: Rodrygo scored an 89th-minute winner as Real Madrid defeated Rayo Vallecano 2-1 in a Spanish league match marked by tributes to Madrid forward Vinicius Junior on Wednesday. It was Madrid’s first game since the latest case of racial abuse against Vinicius, who considered leaving the field Sunday after being insulted by Valencia fans. Rodrygo celebrated by raising his right fist above his head in a stance against racism. He dedicated the goal to his Brazil teammate.

“Spanish Football Acknowledges Racism Issue Following Vinicius Controversy”

MADRID: Spanish soccer has a racism problem, its football federation chief Luis Rubiales said on Monday, echoing criticism by Brazil after Real Madrid lodged a race crime complaint following insults hurled at their Brazilian forward Vinicius Jr. The top-flight La Liga is under pressure to do more to combat racism after the Brazilian president, FIFA and fellow sporting stars such as France forward Kylian Mbappe, Rio Ferdinand and Formula One driver Lewis Hamilton voiced support for Vinicius.

Vinicius Junior accuses Spanish league of racism after facing more abuse

MADRID: Vinícius Júnior was subjected to racist abuse yet again on Sunday with the Brazil star saying the Spanish league “now belongs to racists.” The latest abuse against Vinícius came in Real Madrid’s 1-0 loss at Valencia, a match that had to be temporarily stopped after the Brazil forward said he was insulted by a fan behind one of the goals at Mestalla Stadium.

Ancelotti to Remain at Real Madrid Despite Loss to City and Brazil Opener

BARCELONA, Spain: Carlo Ancelotti says he will finish his contract with Real Madrid despite their defeat in the Champions League semifinals and with rumors swirling that Brazil would love the Italian to become its next coach. “I have a contract until June 2024 and the club has already guaranteed I will see out my contract. Everyone knows that’s exactly what I want to do,” Ancelotti said on Saturday in his first news conference since he spoke immediately after Manchester City routed his Madrid 4-0 this week to reach the final 5-1 on aggregate.

Challenges After Venezuela Summit: A Tough Road Ahead

Conference in Colombian capital marks positive step, analysts say, but quick fix to Venezuelan crisis unlikely.

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