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Global football’s financial landscape has hit a historic high, with the top 20 clubs’ revenues reaching €10.5 ($11.5) billion in 2022-23. This marks a 14% increase from both the previous and the last pre-pandemic seasons, showcasing significant growth. Deloitte’s “Football Money League” attributes this surge to fans filling stadiums again after COVID-19 restrictions eased. Real […]
Lula explores yuan-based trade with Argentina amid efforts to reduce dollar dependence
Brazil’s President, Luiz Inácio Lula da Silva, disclosed on Tuesday that his administration is assessing the feasibility of employing the Chinese yuan for trade dealings with Argentina. Lula da Silva commented on a national broadcast, “Conversations with the President,” aired by the Brazilian Broadcasting Corporation (EBC) and shared across social platforms. While in South Africa […]