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FIFA official resigns in protest over World Cup investment plan as 3rd governing body rejects privatization

nglobix@gmail.com04 mins

The pressure is rising on FIFA President Gianni Infantino to ditch a World Cup privatization plan that could draw investments up to $20 billion, but which has drawn widespread condemnation from most of soccer’s worldwide governing bodies. The latest rebukes of the plan came on Friday when a senior adviser to Infantino stepped down in…

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Inflation held steady in February before Iran war drove up gas prices, CPI report shows

nglobix@gmail.com05 mins

The Consumer Price Index rose at an annual rate of 2.4% in February, unchanged from the prior month and representing a cooler pace than economists had forecast. The Labor Department data captures the period before the Iran war broke out in late February. Since then, oil prices have surged, driving inflation concerns among investors.  “Inflation was starting to ease in…

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