The United States Soccer Federation wants to launch a new 16-team international tournament next year featuring 10 sides from South America and the strongest teams from the CONCACAF region, the New York Times reported Tuesday. The Times said in a report that USSF president Carlos Cordeiro had sent a letter to the 10 federations which make up CONMEBOL offering to stage the new tournament. The event, which strongly resembles the successful 2016 Copa America Centenario held throughout the United States, would be held at the same time as the 2020 European Championship. The Times report said that the proposed event would guarantee nearly $200 million to be shared amongst the invited teams and their ruling bodies. It follows discussions held over the past year between officials from CONMEBOL and CONCACAF about a possible new tournament. The winners of the tournament would earn more than $11 million. The proposal will be discussed next week in Miami, ahead of a meeting of FIFA's Council on … [Read more...] about United States invites South America teams to new 2020 event
Americas
Why Latin America could provide great investment opportunities in 2019
Advertisement feature for The continent’s shift towards democracy and economic liberalisation, its youthful demographic profile and middle-class growth bode well for investment prospects Latin America is generally viewed as comprising 20 independent sovereign states, stretching from Mexico to Cape Horn. While there are challenges to overcome, we believe the outlook for Latin America as a whole is quietly encouraging. In the 1980s, the region was characterised by hyperinflation, dictatorships and state ownership of assets, but today the principles of democracy and economic liberalisation are more in evidence. The macroeconomic picture for much of Latin America is currently supportive, but there are also long-term tailwinds that suggest the region could outpace its developed-market rivals in the years ahead. In particular, Latin America has an excellent demographic profile compared with much of the developed world. Its working-age population has been forecast to … [Read more...] about Why Latin America could provide great investment opportunities in 2019
America’s spat with China is harming its quest for “energy dominance”
TRADE TALKS between America and China finally yielded some results. Mr Trump had been scheduled to raise tariffs on Chinese goods on March 2nd, but on Sunday he announced that he would be delaying the increase because talks between the two sides had been “productive”. He announced that a summit with Xi Jinping, China’s president, was in the works if “both sides make additional progress”. Get our daily newsletter Upgrade your inbox and get our Daily Dispatch and Editor's Picks. Cracking the Chinese market is a large part of this: China is the world’s largest importer of oil and second-biggest of natural gas. American investment in liquefied natural gas (LNG) is underpinned in part by the assumption that demand from China will continue to rise. Nonetheless, its imports of both fuels from America have dried up. From July to November last year the value of American oil and gas exports to China plunged from $1bn to $100m. Last autumn an Australian … [Read more...] about America’s spat with China is harming its quest for “energy dominance”
America’s Cup: Wipeouts and wizardry mark covert battle
(CNN)Science, secrecy and subterfuge have become as much a part of the America's Cup scene as the sailing itself. Two years out from the 2021 America's Cup in New Zealand's Auckland, this covert phase of design and testing is in full swing, with teams working feverishly to dream up a speed machine capable of winning the "Auld Mug." The boats for the next edition of sport's oldest international trophy will be radical 75 feet long foiling monohulls -- dubbed AC75s -- which means they will lift out of the water on canting hydrofoils to "fly" at speeds of up to 50 knots. The concept is cutting-edge, and a departure even from the high-tech foiling catamarans that made up the last two editions of the Cup. Visit CNN.com/Sport for more news, features and videos Computer models suggest the AC75 could be the fastest Cup boat ever at more than 50 knots. Read More The Waka and eureka! With the first action not scheduled until the autumn, D-day for the launch of the teams' first … [Read more...] about America’s Cup: Wipeouts and wizardry mark covert battle
Maduro Accuses US of Attempt to Fabricate Crisis Justifying War in South America
"Everything that the United States government has done has been doomed to failure […] They are trying to fabricate a crisis to justify political escalation and military intervention in Venezuela to bring a war to South America", Maduro told ABC News in an interview made in Caracas. Maduro also slammed the recent Lima Group meeting in Bogota as "part of that politics to attempt to establish a parallel government in Venezuela", stressing that the US "wants Venezuela's oil" and is "willing to go to war for that oil". The Venezuelan president also told ABC News that US President Donald Trump needs to fix his policy over Venezuela. "Venezuela has the right to peace, Venezuela has legitimate institutions. I, as President of Venezuela, am prepared for a direct dialogue with your government and with you to look for, like the Americans that we are. We are South … [Read more...] about Maduro Accuses US of Attempt to Fabricate Crisis Justifying War in South America