FIFA earns record $7.5bn revenue for Qatar World Cup | Qatar World Cup 2022

The earnings from this World Cup cycle are $1bn greater than these generated from the 2018 match in Russia.

FIFA has earned an unprecedented $7.5bn in income by 4 years of economic offers tied to the 2022 World Cup in Qatar, the governing physique of soccer says.

The earnings, which FIFA revealed on Sunday to officers from greater than 200 of its member nations, are $1bn greater than what the organisation pulled in from the earlier World Cup cycle main as much as the 2018 occasion in Russia.

The additional revenue was buoyed by industrial offers with this 12 months’s hosts. Qatar Power joined as a top-tier sponsor, and new third-tier sponsors embrace Qatari financial institution QNB and telecommunications agency Ooredoo. FIFA additionally added second-tier sponsor offers this 12 months from monetary platform crypto.com and blockchain supplier Algorand, its first new American sponsor in additional than a decade.

Key broadcast offers for this 12 months’s World Cup have been signed throughout Sepp Blatter’s presidency in two-tournament offers for the Russia and Qatar occasions. They included offers with Fox in the US and Qatari broadcaster BeIN Sports activities from 2011.

FIFA pays for host international locations’ organising committees, prize cash, journey and lodging for groups and assist employees. It additionally pays for a legacy fund to assist develop the game within the host nation after the World Cup circus has left city.

The winners of the Qatar World Cup will obtain $44 million out of a complete prize pot of $440 million.

FIFA organises its accounts in four-year cycles round every World Cup. For the 2015-18 cycle main as much as the Russia World Cup, the governing physique introduced in $6.4bn. It has used that money to assist member our bodies by uncertainty in 2020 when nationwide group soccer and World Cup qualifying video games have been virtually completely shut down.

The organisation’s revenues are more likely to method $10bn for the subsequent 4 years, due to a brand new monetary technique for ladies’s soccer and the expanded 2026 World Cup within the US, Canada and Mexico, which is able to see 48 groups compete for the primary time, up from the current 32.

FIFA has an virtually clean slate for the 2026 version with top-tier sponsors Coca-Cola, Adidas and Wanda the one offers at the moment prolonged. Separate sponsor offers for ladies’s soccer are being signed for the 2023 World Cup in Australia and New Zealand.

US Powerball lottery announces delay to record $1.9bn drawing | News

The Powerball lottery is performed throughout 45 US states and the document jackpot has generated elevated curiosity.

The record-breaking $1.9bn United States Powerball drawing was delayed Monday as a result of a collaborating lottery had points processing gross sales and it’s probably that the outcomes received’t be recognized till later Tuesday, officers have stated.

Gamers pay to decide on 5 numbers between 1 and 69, and a sixth quantity, between 1 and 26 – the “powerball”. If all six numbers picked match those chosen within the lottery drawing, the ticket holder wins the jackpot.

The sport is performed in 45 US states, in addition to Washington, DC, Puerto Rico and the US Virgin Islands.

“Powerball requires all 48 collaborating lotteries to submit their gross sales and play knowledge previous to the profitable numbers being chosen. As soon as Powerball receives the excellent submission, the drawing can proceed,” the Multi-State Lottery Affiliation stated in a press release.

Practically three hours after the scheduled 10:59pm EST (03:59 GMT) Monday drawing, the affiliation advised The Related Press information company: “It’s in opposition to our coverage to call the lottery that’s experiencing the delay.”

On Tuesday morning, the affiliation stated in a brand new assertion that Powerball was “in communication with the lottery all through the night time as it really works to resolve the difficulty”.

“Like the remainder of America, Powerball is raring to carry its drawing for the world document jackpot, nonetheless, defending the integrity of the draw is of upmost significance, even when meaning an extra delay,” the assertion stated.

“Because of the size of the draw delay, it’s probably that we are going to not know the official outcomes of the Powerball drawing till Tuesday morning,” California Lottery stated on Twitter, citing a press release from Powerball officers.

No new time for the drawing has been given.

The profitable numbers and recorded video of the drawing will likely be posted to the Powerball web site and YouTube channel. Gamers ought to maintain onto their tickets, the assertion stated.

The jackpot is sort of $400m bigger than the earlier document jackpot and can continue to grow till somebody wins the prize. Solely 4 earlier jackpots have topped $1bn, however none of these are near the present prize, which began at $20m again on August 6 and over three winless months has grown ever extra large. Nobody has received the jackpot since August 3.

A winner who chooses an annuity, paid yearly over 29 years, would get the estimated $1.9bn payout. Practically all winners as an alternative go for money, which for Monday’s drawing could be $929.1m.

At the same time as extra folks attracted by the enormous prize drop $2 on a Powerball ticket, the sport’s ultra-long odds of 1 in 292.2 million imply there nonetheless is an efficient probability that one other drawing will move with out anybody profitable the grand prize. That will push the jackpot for Wednesday’s drawing to greater than $2bn.

Those that spend $2 on a Powerball ticket may surprise if one thing is mistaken when 40 drawings move and not using a jackpot winner, however that is how the sport is designed. It’s unlikely anybody will win the prize till a rising jackpot attracts extra gamers. And extra ticket gross sales imply the lottery can increase more cash for public programmes, which is the purpose of the state lotteries.

Nonetheless, it has been a very long time and not using a jackpot, and if there isn’t a winner someday on Tuesday due to the delay, a document may have been reached: 41 attracts with out anybody matching all six numbers.

Severe flood damage in South Korea’s Seoul after record rains | Floods News

At the very least 9 individuals have died and 7 had been lacking in and across the South Korean capital, Seoul, after the town was lashed by the heaviest rains in additional than 100 years.

Extra rain was forecast for Wednesday, however lower than the downpours on Monday and Tuesday that submerged some streets and buildings, trapping individuals in flooded residences and stranding automobiles.

The Central Catastrophe and Security Countermeasures Headquarters mentioned no less than 5 individuals had died in Seoul as of Wednesday morning, in addition to three in neighbouring Gyeonggi province and one in Gangwon province.

Seven are lacking, whereas no less than 17 individuals have been injured.

“The clean-up operation is constant throughout Seoul, and in addition within the surrounding province,” Al Jazeera’s Rob McBride mentioned from the capital. “After these unprecedented rains, streets, roads became rivers, automobiles had been swept away and sadly, lives had been misplaced. Some individuals had been caught up of their residences by quickly rising floodwaters, different individuals swept away within the torrents.”

A bridge is submerged by torrential rain of the previous day at Han river in Seoul, South Korea, August 9, 2022
A bridge is submerged by torrential rain of yesterday at Han river in Seoul, South Korea, August 9, 2022. [Yonhap via Reuters]
A general view of the submerged Han River Park by torrential rain at Han river in Seoul, South Korea August 10, 2022.
A basic view of the Han river park submerged by torrential rain at Han river in Seoul, South Korea on August 10, 2022 [Kim Hong-Ji/ Reuters]

Reporting from the swollen Han river, which runs via Seoul, McBride mentioned areas alongside both aspect of the waterway had been “nonetheless submerged”, with many roads closed off.

The three-day downpours have inundated a complete of two,676 homes and buildings, most of them within the capital, and led to the short-term suspension of providers on the railway and underground metro. Most highways and metro strains had been cleared by Wednesday.

“What has made the state of affairs worse for South Koreans is that the North Koreans are suspected to have been releasing water into the shared rivers up close to the border to alleviate the strain on their dams and rivers,” mentioned McBride.

The North sometimes informs the South about such strikes, however in the mean time, the 2 international locations are usually not speaking amid variations over Pyongyang’s missile and nuclear weapons programme, he added.

In keeping with the Korea Meteorological Administration, the accrued rainfall in Seoul since midnight on Monday stood at 525mm as of 7am on Wednesday (22:00 GMT on Tuesday). In neighbouring Yangpyeong county, whole rainfall hit 532.5mm.

Monday noticed the heaviest rainfall, with the KMA recording an accrued day by day precipitation of 381.5mm, far greater than the official file of 354.7mm registered in August 1920 and the best because the nation began its trendy climate recording system in 1907.

President Yoon Suk-yeol, who paid a go to to a semi-basement condominium in Seoul the place three individuals had been killed in a flash flood, mentioned he was praying for the victims and on Wednesday ordered officers to make sure probably the most susceptible had been protected.

“It’s actually true that it’s irregular climate, however we will not name such irregular climate irregular,” Yoon mentioned, including that the downpours had been the heaviest since information started 115 years in the past.

“We may see new file ranges at any time. This exhibits that we will not reply primarily based on previous circumstances. We should reply with worse-than-expected situations in thoughts.”

The KMA mentioned it expects rain to proceed in most elements of the nation, with particularly heavier rain in south-central Chungcheong province. The company predicted that rainfall would progressively subside in lots of elements of the higher Seoul space and Gangwon province.

Al Jazeera’s McBride mentioned the record-breaking rains had been forcing South Korean authorities to rethink how they reply to climate occasions.

“For instance, Seoul’s Gangnam district, south of the river, is susceptible to flooding. The authorities there had put in place forward of those summer season floods, particular drainage to cope with the surplus quantity of water they usually had been very assured of having the ability to cope with these floods, capable of deal with as much as 80mm of water per hour. Now that’s an terrible lot of water, clearly that’s nonetheless not sufficient,” he mentioned.

“Cities like Seoul, like cities elsewhere, having to work out the way to cope with a altering local weather.”