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☆ Breakingviews: Globalization woes create new winners and losers
▼ + stars: | 2023-10-17 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

Over the past seven decades, the world economy has grown 14-fold, powered by a 45-fold expansion in global trade, according to the World Trade Organization. World trade as a percentage of GDP peaked at 61% in 2008. The first is rising geopolitical tensions between the United States and China. The retrenchment is probably going to be gradual: global trade was still worth 57% of world GDP last year. For 2024, the WTO said growth in goods trade would pick up to 3.3%, virtually unchanged from its April estimate of 3.2%.

Persons: Chris Helgren, Joe Biden, Xi Jinping “, ”, Caroline Freund, Aaditya Mattoo, Alen Mulabdic, Michele Ruta, Ursula von der Leyen, it’s, Laura Alfaro, Davin Chor, Dario Perkins, GlobalData’s Perkins, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Warehouse Union, REUTERS, Reuters, World Trade Organization, Economic, Reuters Graphics Reuters, HK, Amperex Technology, European Central Bank, GlobalData, Lombard, Companies, Bureau of Labor Statistics, ECB, Thomson Locations: Vancouver , British Columbia, Canada, Netherlands, United States, China, Beijing, Washington, U.S, Taiwan, Mexico, Vietnam, People’s Republic, Latin America, Chile, Brazil, Ukraine, Geneva

☆ Globalisation woes create new winners and losers
▼ + stars: | 2023-10-17 | by ( Francesco Guerrera | ) www.reuters.com time to read: +8 min

☆ Russia Issues 'Harsh' Protest to Armenia Over Range of 'Unfriendly' Actions
▼ + stars: | 2023-09-08 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - Russia on Friday summoned the Armenian ambassador for a "harsh" protest about a list of what it termed "unfriendly steps", the latest sign of strain between Moscow and the small ex-Soviet republic in a region Russia considers its back yard. He said Moscow, distracted by its war with Ukraine, had been unable to deliver and was winding down its role in the South Caucasus. Armenia and Azerbaijan accused each other on Thursday of moving troops close to their joint border as tensions over the future of the Nagorno-Karabakh enclave rose. The ICC issued an arrest warrant in March for Russian President Vladimir Putin, accusing him of war crimes in Ukraine. The Kremlin has dismissed the idea that Russia's actions in Ukraine could be war crimes and noted that Russia does not recognise the court.

Persons: Vagharshak Harutyunyan, Alen Simonyan, Maria Zakharova, Nikol Pashinyan, Ilham Aliyev, Vladimir Putin, Kevin Liffey, William Maclean, Mark Heinrich Organizations: Reuters, Russian Foreign Ministry, International Criminal, Armenian National Assembly, Collective Security, Organization, Red, ICC Locations: Russia, Moscow, Soviet, United States, Ukraine, Armenia, Russian, Nagorno, Karabakh, Azerbaijan, South Caucasus, Caucasus, Georgia

☆ Philippines coach to depart after World Cup exit
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Soccer Football - FIFA Women’s World Cup Australia and New Zealand 2023 - Group A - Norway v Philippines - Eden Park, Auckland, New Zealand - July 30, 2023 Philippines coach Alen Stajcic looks dejected after Philippines are knocked out of the World Cup REUTERS/David RowlandAUCKLAND, Aug 1 (Reuters) - Philippines coach Alen Stajcic will not renew his contract with the women's national team after their exit from the Women's World Cup, the Philippine Football Federation said on Tuesday. Their campaign ended on a disappointing note as they fell 6-0 to 1995 champions Norway on Sunday, as they missed the knockout stages. "Beating New Zealand on home soil and scoring our first World Cup goal and getting our first win was the things that dreams are made of," Stajcic said in a statement. It showed that football does belong in the Philippines," he added. Assistant coach Nahuel Arrarte, whose contract also expired at the end of the Philippines World Cup run, will also not be returning, the federation said.

Persons: Alen Stajcic, David Rowland AUCKLAND, Stajcic, shivers, Nahuel Arrarte, Amy Tennery, Muralikumar Organizations: Soccer Football, FIFA, World, women's, Philippine Football Federation, New Zealand, Norway, Filipinas, Philippines, Thomson Locations: New Zealand, Norway, Philippines, Eden, Auckland , New Zealand, Switzerland, New, Zealand, Auckland

☆ The Gaps Get Smaller as the World Cup Gets Larger
▼ + stars: | 2023-07-30 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +1 min

Given where the journey had started and where it had led, it was no wonder that watching the Philippines win a game at the Women’s World Cup felt as if it defied rational explanation, even to those involved. Now that same team had beaten New Zealand — on home soil, no less — and with the whole world watching. It was impossible to imagine that a team that had been there could ever be here, and vice versa. “Overwhelming, crazy,” said Sarina Bolden, the live-wire forward who had scored her country’s first goal at a World Cup. He started out at “staggering” and went from there, cycling through “miraculous and unbelievable” before landing on “mind-blowing.”

Persons: ”, Sarina Bolden, Alen Stajcic Organizations: Nepal, New Zealand Locations: Philippines

☆ Underdogs serve notice that the gap is closing at Women's World Cup
▼ + stars: | 2023-07-25 | by ( Lori Ewing | ) www.reuters.com time to read: +4 min

At the 2019 World Cup in France, the United States thoroughly demolished Thailand 13-0. "Going into this World Cup the game has just grown and a lot of federations have grown as well," said U.S. defender Naomi Girma. Only 40% identified themselves as a professional footballer, although all will receive $30,000 direct from FIFA for playing in the World Cup. "We know we are not going to have any easy game in the World Cup," she said. They made the World Cup."

Persons: Deneisha Blackwood, Carl Recine SYDNEY, Alen Stajcic, We've, Mary Earps, Lorne Donaldson, Chantelle Swaby, Allyson, FIFPRO, Naomi Girma, Jitka Klimkova, Lori Ewing, Amy Tennery, Nick Mulvenney, Michael Perry Organizations: Soccer Football, FIFA, Sydney Football Stadium, REUTERS, Morocco, Monday, Vietnam, England, Debutants, Zealand, Norway, New, World, Thomson Locations: New Zealand, France, Jamaica, Sydney, Australia, Haiti, Ireland, Germany, Brazil, Japan, Philippines, Switzerland, United States, Thailand, Debutants Ireland, Argentina, Ghana, U.S, England, Vietnam, Czech

☆ Women’s World Cup: New Zealand Takes Aim at Another First
▼ + stars: | 2023-07-24 | by ( Claire Fahy | The New York Times | ) www.nytimes.com time to read: +4 min

Hannah Wilkinson after New Zealand’s 1-0 win over Norway, its first-ever win at the Women’s World Cup. The South Koreans have made it to the knockout stages once in three previous World Cup appearances, in 2015. New Zealand vs. Philippines New Zealand’s players shocked many people — including themselves — by upsetting Norway, 1-0, in the opening match of the World Cup. #FIFAWWC pic.twitter.com/WGhond6p7h — Jeff Carlisle (@JeffreyCarlisle) July 21, 2023 The Philippines lost, 2-0, to Switzerland in its World Cup debut. The Norwegians are led by Ada Hegerberg, the 28-year-old striker — and former world player of the year — who sat out the 2019 World Cup in protest of her federation’s treatment of women’s soccer.

Persons: Hannah Wilkinson, Andrew Cornaga, Norway —, —, “, WGhond6p7h, Jeff Carlisle, Alen Stajcic, Ada Hegerberg, Ramona Bachmann, Germain Organizations: Football Ferns, New, Associated Press New, New Zealand, Copa América, Ireland, ”, Ferns, FIFA, United, Switzerland, European, Paris St Locations: Philippines, Colombia, South Korea, Norway, Associated Press New Zealand, New Zealand, Wellington, Switzerland, Korea Colombia, Argentina, Brazil, ” Colombia, China, Sydney, Australia, United States, America, Australian, ” Switzerland, Norway Norway, Swiss

☆ Switzerland sour Philippines' World Cup debut with 2-0 win
▼ + stars: | 2023-07-21 | by ( ) www.reuters.com time to read: +2 min

"I wasn't that nervous, but I knew it was an important moment," Bachmann told reporters. Ana-Maria Crnogorcevic, Switzerland's top scorer and most capped player, fired over from close range before Bachmann's penalty put them ahead. "To come to this level and play against players from Europe, against a team like that is miraculous." Switzerland top Group A on goal difference ahead of co-hosts New Zealand, who upset Norway 1-0 on Thursday. Reporting by Hritika Sharma in Hyderabad; Editing by Peter Rutherford and Angus MacSwanOur Standards: The Thomson Reuters Trust Principles.

Persons: Ramona Bachmann, Coumba Sow, Seraina Piubel, Molly Darlington, Ramona Bachmann's, Inka, Bachmann, Olivia McDaniel, Alen Stajcic, Katrina Guillou's, Ana, Maria Crnogorcevic, deservedly, Piubel, McDaniel, Crnogorcevic, Stajcic, Hritika Sharma, Peter Rutherford, Angus MacSwan Organizations: Soccer Football, FIFA, Forsyth Barr, Seraina Piubel REUTERS, debutants, Dunedin, New Zealand, Thomson Locations: New Zealand, Philippines, Switzerland, Dunedin , New Zealand, Seraina, Molly Darlington DUNEDIN , New Zealand, Europe, Auckland, Hamilton, Wellington, Dunedin, Norway, Hyderabad

☆ The Philippines women's soccer team is making history at this year's Women's World Cup.
▼ + stars: | 2023-07-20 | by ( Tara Subramaniam | ) edition.cnn.com time to read: +4 min

Led by coach Alen Stajcic, who formerly coached the Australian Women’s National Team, the squad will make history no matter the result of Friday’s game. ‘The word is spreading’Before joining the national team, California born Sarina Bolden – whose penalty kick clinched the island nation’s spot at the tournament – had never been to the Philippines. The 27-year-old is hopeful her country’s presence in the World Cup will promote soccer both in the Philippines – where other sports such as basketball and boxing remain more popular – and among the Filipino diaspora. In 2022, she was a key part of the Philippine National team that progressed to the knockout stages of the AFC Women’s Asian Cup for the first time. Bolden said she’s already seen awareness and interest grow in the Philippines following the team’s on field successes and historic qualification for the World Cup.

Persons: they’ll, Alen Stajcic, Stajcic, “, ”, ” Stajcic, Sarina Bolden –, –, “ Everyone’s, Bolden, ” Bolden, she’s Organizations: New Zealand CNN, Philippines ’, Women’s National Team, CNN, Filipina, Western Sydney Wanderers, Loyola Marymount University, LMU Lions, Philippines, Philippine National, AFC, women’s Locations: Auckland, New Zealand, Philippines, Switzerland, United States, California, Los Angeles, Europe, US, Asia, Taiwan, Japan

☆ Exclusive: Exxon to exit Equatorial Guinea amid wider Africa crude phaseout
▼ + stars: | 2022-11-28 | by ( Sabrina Valle | ) www.reuters.com time to read: +5 min

The company last year pumped about 45,000 bpd in Equatorial Guinea, out of the country's total production of 93,000 bpd. For Middle East and African oil producers, cash has dwindled to 30% of global flows in the last two years, from 50% between 2010 and 2020. Much of the increase comes from the United States, Canada, Guyana and Brazil, some of the places where Exxon has increased spending on oil output. NAMIBIA AND NATURAL GASWhile crude oil production wanes in West Africa, the continent's liquefied natural gas (LNG) future is on the rise and fossil fuel output could grow elsewhere in Africa. Rising demand globally could result in a 30% rise in gas production in Africa by the end of the decade, Deloitte said.

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