Try GOLD - Free
White House Just Kicked a World Cup Own-Goal
Financial Express Hyderabad
|April 21, 2025
A day at the soccer pitch should offer a nice distraction from trade wars and tariff talk.
Next year's FIFA World Cup, to be jointly hosted by Canada, Mexico, and the US, will test that theory. Can the US, in particular, stage a successful tournament that attracts fans from around the world? Or will tensions, tariffs, and deportations alienate visitors and businesses?
We don't have to wait until next year to see the peril. Just take a look at the situation facing the upcoming 2025 FIFA Club World Cup, which kicks off in 11 US cities this June. The Club World Cup highlights professional teams from different countries, typically with players of different nationalities, while the World Cup features national teams representing their countries. Unfortunately for FIFA, ticket sales for this year's Club event have been underwhelming for months.
This story is from the April 21, 2025 edition of Financial Express Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Hyderabad
Financial Express Hyderabad
ECB borrowings at $5.43 billion hit 1-year high in Mar
EXTERNAL COMMERCIAL BORROWINGS (ECBs) touched a one-year high in March, though borrowings were below the levels seen in the year-ago period.
1 min
May 15, 2026
Financial Express Hyderabad
HCLTech to lead $150-mn Sarvam AI funding round
IT MAJOR HCLTECH will lead a $150-million funding round in homegrown frontier artificial intelligence startup Sarvam AI, valuing the Bengaluru-based company at around $1.5 billion, sources aware of the matter said.
1 mins
May 15, 2026
Financial Express Hyderabad
Ford is becoming an AI stock — sort of
FORD MOTOR HAS finally hit upon an electric strategy that shouldn’t lose money. The key element is that it doesn’t involve vehicles — not for now, anyway.
3 mins
May 15, 2026
Financial Express Hyderabad
Hormuz shipping gridlock traps 360 vessels, threatens global oil trade
Evacuation limited to about 40 ships a day
1 mins
May 15, 2026
Financial Express Hyderabad
‘Unlikely data centre biz a game changer for us’
Tata Power beat analyst estimate with a profit of ₹996 crore in Q4. Going ahead, the integrated power company would be ready with a detailed project report (DPR) for its nuclear projects. Its MD & CEO Praveer Sinha tells Raghavendra Kamath that data centres are not a significant opportunity for power players. Excerpts:
1 mins
May 15, 2026
Financial Express Hyderabad
US Senate confirms Kevin Warsh to lead Fed
THE SENATE NARROWLY confirmed Kevin Warsh as chair of the Federal Reserve, setting up the most controversial leadership transition at the US central bank in decades and a test of its political independence.
2 mins
May 15, 2026
Financial Express Hyderabad
Amazon's AI success sends stock towards $3-trn club
INVESTORS ARE GROWING increasingly optimistic about Amazon.com’s position in artificial intelligence, lighting a fire under the stock and sending the company’s market capitalisation soaring toward the rarefied $3 trillion level.
1 min
May 15, 2026
Financial Express Hyderabad
Irdai: Industry high-cost on inflated commissions
THE SHARP RISE in insurance commissions highlights the structurally high-cost nature of the insurance industry, with growth still being heavily reliant on expensive intermediary-driven distribution, rather than cost-saving digital transformation, Ajay Seth, chairman of the Insurance Regulatory and Development Authority of India (Irdai), said.
1 min
May 15, 2026
Financial Express Hyderabad
The rise of China and fall of WTO
After becoming a WTO member in 2001, China has risen as an export-driven economic powerhouse, partly aided by the organisation now seeing the collapse of multilateralism
3 mins
May 15, 2026
Financial Express Hyderabad
RBI accepts 20 mn CIC applications for surrender of registration
THE RESERVE BANK on Thursday said it has cancelled certificates of registration (CoR) of 20 million investment companies (CICs) following their requests for surrender.
1 min
May 15, 2026
Listen
Translate
Change font size
