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☆ Qatar World Cup: 'Our dreams never came true.' These men helped build Qatar's tournament, now they are struggling to survive.
▼ + stars: | 2022-11-17 | by ( Aimee Lewis Pramod Acharya Sugam Pokharel | Aimee Lewis | Pramod Acharya | ) edition.cnn.com time to read: +31 min

It will be a historic event, the first World Cup to be held in the Middle East, but one also mired in controversy. He had dreamed of watching World Cup matches from the rooftop of the hotel he had helped build. In Qatar, migrant workers can now change jobs freely without permission from their employer. However, a number of European federations have issued a joint statement saying they would campaign at the tournament on human rights and for a migrant workers center and a compensation fund for migrant workers. The motto for Qatar’s bid team in 2010 was ‘Expect Amazing.’ In many ways, this year’s World Cup has replicated that maxim.

☆ Investors dump global bond and equity funds in the week ended Sep.21
▼ + stars: | 2022-09-23 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Dado Ruvic/IllustrationSept 23 (Reuters) - Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. Federal Reserve meeting in which further rate hikes were expected to tame soaring inflation. Investors exited a net $7.32 billion of global bond funds, marking their biggest weekly net selling since Aug. 31, data from Refinitiv Lipper showed. Global short- and medium-term bond funds saw their biggest weekly outflow in 11 weeks, amounting to a net $4.98 billion, while investors also exited a net $3.29 billion in high yield funds. Global bond fund flows in the week ended Sept. 21Meanwhile, global equity funds witnessed disposals worth $1.86 billion in a fifth straight week of net selling. An analysis of 24,559 emerging market funds showed investors sold $2.39 billion worth of equity funds, marking a 10th weekly outflow in a row, while also exiting $2.78 billion worth of bond funds.

☆ India, Saudi Arabia discuss rupee-riyal trade
▼ + stars: | 2022-09-19 | by ( Idrees Ali | ) www.reuters.com time to read: 1 min

Register now for FREE unlimited access to Reuters.com RegisterSaudi Arabia's Crown Prince Mohammed bin Salman speaks at a meeting with Indian Prime Minister Narendra Modi as he looks on, at Hyderabad House in New Delhi, India, February 20, 2019. REUTERS/Adnan AbidiNEW DELHI, Sept 19 (Reuters) - The Indian government said on Monday that it had discussed the feasibility of institutionalising rupee-riyal trade with its South Arabian counterpart. Both governments reaffirmed cooperation in joint projects including a refinery in western India, LNG infrastructure investment and development of strategic petroleum storage facilities in India, the statement added. Register now for FREE unlimited access to Reuters.com RegisterReporting by Tanvi Mehta; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

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