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first_imgNews Soldiers are occupying the state radio and TV stations in retaliation for their failure to cover Umaro Sissoco Embaló’s inauguration as president after his victory in the second round of the presidential election was confirmed at a plenary meeting of the National Electoral Commission (CNE) on 25 February. Reporters Without Borders (RSF) calls for an end to the military occupation of the state-owned national radio and TV stations in Guinea-Bissau and urges the authorities to guarantee the safety of their journalists so that they can resume broadcasting. @TGB Help by sharing this information Guinea BissauAfrica Condemning abusesProtecting journalistsMedia independence EnvironmentViolence Guinea Bissau: attack by gunmen silences opposition radio station in Bissau Guinea-Bissau is ranked 89th out of 180 countries in RSF’s 2019 World Press Freedom Index. News The national state TV broadcaster TGB is often the victim of political upheaval in Guinea-Bissau and in January 2019 its journalists went on strike in protest against political meddling in their news reporting. Organisation “We call on the Bissau-Guinean authorities to guarantee the safety of the journalists of these two media outlets and to ensure that they are able to resume broadcasting,” said Assane Diagne, the director of RSF’s West Africa office. “We are very disturbed by this situation, which is jeopardizing the continuity of public news services. Soldiers have no place in newsrooms.” March 3, 2020 Soldiers shut down state radio and TV in Guinea-Bissau to go further The state radio and TV stations have been closed and under armed guard since 29 February, when they stopped broadcasting and their staff were evicted.center_img RSF_en @RSF_Inter Pereira and the PAIGC, which has a majority in the national assembly, are disputing the results, claiming fraud, and have referred the matter to the supreme court, which has yet to issue its final decision. Embaló nonetheless had himself sworn in, prompting the PAIGC to declare a “power vacuum” and appoint its own interim president. Receive email alerts Guinea-Bissau: reporter beaten by policeman while covering Covid protest News Guinea-Bissau has been embroiled in renewed turmoil since the second round of the presidential election, which Embaló, a former prime minister and former army general, was declared to have won with 53.55% of the votes, against 46.45% for Domingos Simões Pereira of the African Party for the Independence of Guinea and Cape Verde (PAIGC). Covid-19 in Africa: RSF joins a coalition of civil society organizations to demand the release of imprisoned journalists on the continent January 29, 2021 Find out more News Guinea BissauAfrica Condemning abusesProtecting journalistsMedia independence EnvironmentViolence Follow the news on Guinea Bissau July 27, 2020 Find out more April 6, 2020 Find out morelast_img read more

first_img Share Save Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, Loss Mitigation, News, Secondary Market Servicers Navigate the Post-Pandemic World 2 days ago According to the Consumer Financial Protection Bureau (CFPB), the new lending rules that went into effect on January 10 are meant to take a back-to-basics approach to mortgage lending and lower the risk of default and foreclosure among borrowers. However, many industry veterans feel that the rules may hurt those they are designed to protect, primarily low income borrowers.On January 14, Congress’ House Financial Services Committee held a conference to discuss how homeowners may be harmed by the new CFPB rulings. Speakers said low-to-moderate income borrowers stand to lose the most if lenders cannot write loans outside of the Qualified Mortgage (QM) guidelines.“In rural areas, it is crucial to tailor mortgages to fit borrowers’ needs and risk profiles,” one lawmaker noted. Another lawmaker who represents a state where 50 percent of the homes consist of manufactured housing said most of the housing loans in his state will not meet QM standards.Speaking on “Mortgage Markets Today,” Chris Whalen, EVP and managing director for Carrington Holding Company, discussed the pitfalls in the new regulations with Louis Amaya, host of the Five Star Internet radio show and CEO of iServe Companies.“I think these concerns are well founded,” Whalen said. “Under the new CFPB rules, about half the prospective homeowners in this country can’t get a mortgage from a bank because the new laws have greatly restricted credit access.”Whalen warns this indicates the mortgage industry will be tightening. “We’re basically replaying what happened in the late 1920s and 1930s in terms of stifling credit creation,” he said.Under the new QM rules, a borrower must have a FICO score of 740 or higher. In addition, debt-to-income ratio can be no higher than 43 percent. Whalen explained that although these rules disqualify a lot of borrowers, they give the lender assurances about possible lawsuits.“If you write a Qualified Mortgage following these rules, then you have what is essentially a safe harbor against many types of litigation,” Whalen explained. “However, it’s still possible for a borrower to sue. There is arguably more litigation risk for lenders today than there has been in the past.”Whalen says there is still a demand for non-QM loans—financing for borrowers with FICO scores down into the mid-600s but who can also pay 20 to 25 percent down. However, the problem is that most investors will not buy these loans.“You can’t sell them to the government, which is 95 percent of the market today,” Whalen said. “It’s relatively easy to find investors for jumbos and high-quality borrowers, but for loans made to lower quality borrowers, there is no obvious investor. That’s why it’s not working so far. There is some demand, but it’s relatively small.”Lending in this category may increase in a couple of years when lenders and servicers can see to what degree there is successful litigation concerning non-QM loans. This will give them a better idea of what the risk profile is.“In a transaction with a less affluent borrower, lenders are going to be much more reluctant to exceed those CFPB rules for the simple fact that they may be working for a $2,000 profit on a loan over its lifetime,” Whalen said. “If they are sued in a jurisdiction like California, they could end up with a settlement that is much higher. How many times is someone going to take that risk?”According to Whalen, it’s going to be a few years into the future before non-QM loans are an investor preference. “They’re going to wait until they can better understand the risk in purchasing non-QM loans,” he said.Nevertheless, Whalen says there are a lot of interesting dynamics in this market. “We are going to probably see a very strong market for non-conforming loans this year because there is still more than $200 billion in loans that have not been resolved sitting on the books of the banks.”Whalen’s predictions for the mortgage market in 2014: “I think loan volume numbers will continue to slump through this year, and we will probably see home prices start to weaken as well.“In addition, I think we’re going to see a lot of pressure on politicians and regulators to take another look at these rules because I think we have gone too far. These new rules are limiting credit availability at a time when we want to make credit grow in this economy so that we can generate jobs. Unfortunately, the current regulatory regime is going to stifle credit creation, and it’s going to greatly limit access to mortgage credit for American consumers.”Whalen closed his predictions with “It’s going to be a challenge going forward for some organizations to stay in this market, be compliant, and as a result, be able to do business and do so profitably.”The Five Star Institute and iServe Companies have partnered to create “Mortgage Markets Today,” an in-depth, formal talk radio resource featuring expert guests, quality subject matter, and timely insights. The show delves into a vast array of topics ranging from the secondary market and federal compliance standards to real estate and mortgage lending.Investors, lenders, service providers, and all those interested in and affected by the mortgage and housing markets can tune in on the Web at Radio.TheFiveStar.com or download audio podcasts of program broadcasts from iTunes. Related Articles About Author: Sandra Lane January 21, 2014 738 Views Tagged with: Carrington Holding Company Consumer Financial Protection Bureau Investors Louis Amaya Mortgage Markets Today QM Sign up for DS News Daily center_img Carrington Holding Company Consumer Financial Protection Bureau Investors Louis Amaya Mortgage Markets Today QM 2014-01-21 Sandra Lane Previous: Villains … or Victims? Next: DS News Webcast: Tuesday 1/21/2014 The Best Markets For Residential Property Investors 2 days ago New Lending Rules Inspire Criticism The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / New Lending Rules Inspire Criticism Demand Propels Home Prices Upward 2 days ago Sandra Lane has extensive experience covering the default servicing industry. She contributed regularly to DS News’ predecessor, REO Magazine, from 2004 to 2006, covering local market trends, the effects of macroeconomic shifts on market conditions, and “big-picture” analyses of industry-driving indicators. But her understanding of the mortgage and real estate business extends even beyond those pre-crisis days. She is a former real estate broker and grew up in what she calls “a real estate family.” A journalism graduate of the University of North Texas, she has written articles for various newspapers and trade journals, as well as company communications for several major corporations.  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

first_imgBy April SorrowUniversity of GeorgiaIf your holiday shopping list includes electronic devices or appliances, don’t be tricked into buying extended warranties for them, says a University of Georgia expert. The added expense rarely pays off. “More often than not, you should just say no to these expensive add-ons,” said Michael Rupured, a consumer financial expert with UGA Cooperative Extension. “Profit margins are as high as 70 percent for extended warranties compared with about 10 percent for the products they cover. In a down economy, the profit margin on the products is even less.”Depending on the product, a warranty for three years will cost between $60 and $300. This is an unnecessary cost because most appliances, audio-visual equipment and computers reliably work for years, he said. Fewer than 10 percent of camcorders, electric ranges, dishwashers and top-freezer refrigerators required any repairs in their first three years, according to an annual survey of Consumer Reports subscribers. Even among items more likely to need repairs in the first three years, such as a projection television, the average repair costs the same as the extended warranty. High profit margins for warranties mean aggressive marketing from the retailers, he said. As an incentive to sell more warranties, many retailers offer commissions for employees and at a much higher rate than the product itself. But, there are exceptions. “An extended warranty may be worth the money for treadmills that have a standard warranty of less than two years on parts and one year on labor,” he said. “It might also be worthwhile to buy an additional year or two extension of the standard one-year warranty for laptop computers.”But more often than not, he said, you should just say no to extended warranties. “The money you save will generally be enough to cover the cost of any repairs not covered by the factory warranty.”(April Sorrow is a news editor with the University of Georgia College of Agricultural and Environmental Sciences.)last_img read more

first_imgBy Dialogo August 12, 2013 Earlier this year, 63-year-old Luís Lindstrom was found dead near a truck on one of his properties in Tacuatí, located within Paraguay’s department of San Pedro. Lindstrom’s murder wasn’t the result of a robbery gone wrong, or the work of a disgruntled farm hand. Instead, he had been assassinated by the Ejército del Pueblo Paraguayo [Paraguayan Peoples’ Army, or EPP], said San Pedro police official Jorge María Almada Rodríguez. In fact, it was not the first time the terrorist group had targeted Lindstrom. In 2008, the EPP kidnapped the wealthy landowner and held him from July to September; he was released only after his family paid an undisclosed ransom. The EPP has frequently singled out soya farmers like Lindstrom, one of San Pedro’s best-known farmers. His killing prompted Paraguayan Senate President Alfredo Jaeggli to warn landowners through local media that they “must abandon the area and move to safer cities; the most important thing of all is the preservation of life.” The Paraguayan government estimates that the EPP — an outfit inspired by Marxist-Leninist ideas — numbers only 50 to 60 full-time fighters. But it’s not just its small size that distinguishes the EPP from South America’s other leftist guerrilla groups. EPP born out of extreme poverty, say analysts “Unfortunately, as the history of insurgent movements in general seems to indicate, there is ample room for ‘growth’ when it comes to their possible future operations,” says a report issued in 2011 by the Council on Hemispheric Affairs. “The EPP already presents an interesting case-study for academics, but for the Paraguayan government, it is a new security threat that will have to be faced.” The report continued: “Paraguay today is, unfortunately, a poor, underdeveloped state in dire need of development of every description. But improving the living conditions of its population is no easy task. The last thing this country needs is a brutal counterinsurgency war, as some of its neighbors have recently experienced.” The EPP largely began as an offshoot of the Partido Patria Libre [Free Homeland Party, or PPL], which was dismantled following the 2005 death of Cecilia Cubas, the daughter of a former Paraguayan president. Cubas was allegedly kidnapped by PPL rebels near her home in suburban Asunción in 2004. The PPL reportedly received training from the FARC, prompting Paraguayan prosecutors to issue arrest warrants against two FARC members for their involvement in Cubas’ abduction. EPP escalates violent attacks An alert issued in March that the EPP would launch new attacks during Easter prompted the deployment of national police units in Concepción. But this resulted in the arrest of one single suspected EPP member in the Kurusú de Hierro area, close to Horquetá, in late March. That month, the government announced the construction of five new police stations in Concepción to increase the capability of nearby security forces. On April 18, the EPP killed a tractor operator in Paso Itá, San Pedro, where threats of land invasions had escalated in the preceding months, and announced further attacks in the area, against deforestation and the planting of soya, ahead of the April 21 presidential election. On election day, the EPP struck again in Concepción, combining a drive-by shooting of the police station in Kurusú — in which one attacker was killed and another was captured — with sniper fire, and later ambushing a police vehicle nearby with a rudimentary mine and sniper fire which killed one officer and injured three. The EPP issued a death threat against Horacio Cartes, candidate of the center-right Colorado Party, which had won the elections with nearly 46 percent of the vote. This year’s increase in EPP activity follows outgoing President Federico Franco’s insistence in October 2012 that the group was a “scourge” that needed to be “terminated.” Outgoing president: ‘Destroy the EPP’ Following a closed-door meeting with police and military leaders in October — just three months after Franco had ascended to the presidency following the controversial impeachment of Fernando Lugo — Franco’s director of communications revealed on Twitter that the president’s orders had been impossible to misunderstand: “My order for you is clear: destroy the EPP.” However, Franco’s tough talk was undermined by Army Gen. Miguel Christ, who said the president had given no specific orders beyond requesting that the security forces “be ready and able” to confront the EPP. Franco’s term ends Aug. 15, when Cartes will take office. In an April interview with CNN, Cartes said he would fight the EPP with an “iron fist.” Describing the EPP as a “criminal group” with only loose ideological motivations, said the group’s proliferation in northeastern Paraguay is due to the area’s extreme poverty. Cartes has pledged to improve welfare and development programs in San Pedro and Concepción, the two departments where most EPP attacks have occurred. However, a July 8 attack allegedly launched by the EPP on Mennonite farms in the department of Boquerón indicates that the group’s area of influence may be spreading into the western Chaco region. Cartes has signed an agreement with opposition parties, and Paraguay’s commodity-based economy is projected to grow by 11 percent this year, fueled by beef, soybean and vegetable exports to China (GDP expanded by 14 percent in 2010). In the first quarter of 2013 alone, Paraguay registered a 40 percent jump in exports compared to the year-ago period. Paraguay is now ranked as the eighth-largest beef exporter in the world, as well as the world’s fourth-largest exporter of soybeans. The way we Paraguayans are, we spent over a century in total decadence without thinking on fixing tomorrow’s situation, what a horrifying future awaits the future heirs of our blessed Paraguayan land which continues to bleed, poverty, ignorant politicians.We are a tiny dot of human development because of the inheritance left by the Lopez, we can’t raise our heads, we think of civil wars and carry out cheap politics, where is our intelligence and education, we ask. It died with the big wars and there’s no longer an intelligent, audacious Paraguayan capable of having a firm word and carrying the country on his shoulder. OPAMA LA OHAIHUBA AÑETETE LA ÑA NDE RETA PARAGUAYexcuse my spelling. The government of PY cannot afford the presence of insecurity among the people. On the other hand it has to find solutions for the poverty in the country. Paraguay is a beautiful country that cannot give in to these criminals. Well, I think that these ideologies assumed by the EPP should be destroyed, because this criminal group, as thought by our President, is only making Paraguay go backwards. I think that in order for Paraguay to grow the Northern area should be watched, including San Pedro and Concepcion… I disagree. Since I arrived in Paraguay, three years ago, I listen to this joke, yes, joke. Of a possible armed group that kills police officers and people randomly, when they don’t agree with the Government. Well, during those three years, the last two years there were three presidents, none of them pleased the EPPs. Many crimes attributed to EPP serve as distractions from the political problem. Since the military dictatorships all over Latin America that is the strategy used do divert attention from the real problems: corruption. Personal opinion. The EPP is a result of extreme poverty, analysts say. But what kind of analysts said that? it is actually the opposite. The EPP is a result of many wealthy people, this group is dedicated to kidnapping and asking for ransom. Are they actually gonna take money from the extremely poor? That’s impressive, Gentlemen Analysts. These EPP people were trained in Colombia by the Farc United States wants to run interference in the area. While we sleep, they come for the Uranium in Caazapà and for the underground water reserve in Guarani’s aquifer. They use the predominant media to generate and form opinions, since there’s plenty of paid or naive journalists. Any type of violence is modified to make believe that it was committed by the guerrilla which only exists within U.S. espionage agencies. THE EPP DOES NOT EXIST. Just by looking at what they are capable of in Iraq, Afghanistan, Libya, Egypt and now in Syria, lying about having chemical weapons. Luckily, the South American people have now alternative means of information, and just as in Argentina no one believes Clarìn, the rest of the countries don’t believe in the powerful ones that use this method of convincing. Luckily, a great union has been accomplished between Mercosur and Unasur. We don’t have to be useless morons of the yankees or the great multinationals. In Paraguay they seem to not love their own people, because they allow the forces of peace to come in and set base, and allow the sale of transgenic seeds, since three percent of the population own the land. Because they let their workers migrate to other countries in search of jobs and suffer the most painful uproot which is to leave their families. Governing means creating jobs. If this s not done, it means that you don’t love Paraguay or its people. A farmer drives in his brand new O KM Toyota (bought in Chile) by a barefoot lady with her skinny child, and the rat doesn’t even think that they are nation brothers. The only way is to strengthen the industry and this can achieved with the help and knowledge of neighbor countries. USA can only provide weapons and death. The best government strategy is to drive social, productive and educational development in all its forms. Obtain genuine investors, provide long-term legal, judicial and fiscal safety, change their current banking system which is too restrictive internally, create co-ops for production and services, modernize the populations by providing dwellings, energy, communications, education and healthcare centers, generate and promote new jobs. Paraguay would be so beautiful if they eliminated the fanaticism of political factions and fought head-on against corruption, regardless of who is in charge, and if the current politicians worried more about the population and set aside their personal, stingy interests.last_img read more

first_img ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » When Millennials get most of marketers’ attention — followed closely by Generation Z — one might easily get the impression that Baby Boomers have become irrelevant.To be sure, younger cohorts represent major, and long-running growth opportunities for financial institutions, particularly in areas such as digital banking, checking, credit cards, and lending products. But it would be a mistake to focus on other generations to the exclusion of Boomers.It’s important for financial marketers to remember that this segment represents a markedly higher percentage of the population with each passing year. In fact, the U.S. Census Bureau reports that there will be 78 million people 65 years and older by 2035, compared to 76.7 million under the age of 18. That will mark the first time in U.S. history where seniors outnumber children.Consider, too, that as of 2019 the youngest Boomers are 55, the oldest 73. This huge, still-active generation has prompted much debate about the workforce of the future, given that people are living longer, healthier, lives and working well into their late 60s.last_img read more

first_imgPresident Donald Trump issued an executive order Wednesday calling on federal agencies to identify regulations that can be rescinded or temporarily waived to promote job creation and economic growth.The order calls for agencies to address the COVID-19 economic emergency by rescinding, modifying, waiving, or providing exemptions from regulations and other requirements that may inhibit economic recovery, consistent with applicable law and with protection of the public health and safety, with national and homeland security, and with budgetary priorities and operational feasibility.”Section 4 of the order calls for the heads of all agencies to “identify regulatory standards that may inhibit economic recovery and shall consider taking appropriate action, consistent with applicable law, including by issuing proposed rules as necessary, to temporarily or permanently rescind, modify, waive, or exempt persons or entities from those requirements, and to consider exercising appropriate temporary enforcement discretion or appropriate temporary extensions of time as provided for in enforceable agreements with respect to those requirements, for the purpose of promoting job creation and economic growth.” continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

first_imgEXPO 2020 Dubai will be held under the theme “Connecting Minds, Creating the Future”, and is expected to be the most visited EXPO exhibition that will bring together over 25 million people from more than 180 countries and provide access to the markets of Africa, Asia, Europe, America, and access to markets with a total of 3,2 billion consumers. The competition invites all those interested in offering the best creative and performance solution for the layout and content of the Croatian pavilion. In addition to the development of the conceptual design, the tender also includes its implementation, maintenance and uninstallation.  The EXPO World Exhibition, which is expected to feature over 25 million people from more than 180 countries, will take place from October 20, 2020 to April 10, 2021. The pavilion for the Croatian presentation for which the conceptual design is required will be located within the theme park “Mobility”, while the theme of the Croatian pavilion at EXPO 2020 Dubai will be “Mobility of the Mind”.  The tender is open until March 1, 2019, and the Croatian National Tourist Board will hold its oral presentation for interested bidders in mid-January. Minister of Tourism Gari Cappelli, appointed by the Government of the Republic of Croatia as the National Commissioner for Croatia’s participation in the EXPO, stated: “By participating in the upcoming 2020 exhibition in Dubai, Croatia will have the opportunity to present its economic, cultural, tourist and other potentials and show the world that even a relatively small country can contribute to enriching the world’s treasury of knowledge through innovation and creativity. That is why the National Committee of the Republic of Croatia for the World Exhibition EXPO chose the theme Mobility of Mind through which Croatia will be able to present itself as a country of innovative projects, ideas, inventions and creative individuals who, due to the desire for challenges and openness to the new, sometimes with little resources Recognition. I believe that through the announced tender we will find a bidder who will best translate this energy of Croatian minds into the conceptual design of our pavilion.” The tender for the selection of bidders for the design of the Croatian pavilion at the World Exhibition EXPO 2020 Dubai was published on the website of the Croatian National Tourist Board. Attachment: TENDER FOR SELECTION OF BIDDERS FOR THE DEVELOPMENT OF THE CONCEPTUAL SOLUTION OF THE CROATIAN PAVILION AT EXPO 2020 IN DUBAI, ITS IMPLEMENTATION, MAINTENANCE AND UNINSTALLATIONlast_img read more

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first_imgShare on: WhatsApp Johannesburg, South Africa | AFP |  Wydad Casablanca of Morocco became African champions for a second time when they defeated Al Ahly of Egypt 1-0 Saturday in the second leg of the CAF Champions League final.Walid El Karty nodded the lone goal on 69 minutes to give the home team a 2-1 aggregate triumph after they forced a 1-1 draw in Egyptian coastal city Alexandria last weekend.Achraf Bencharki, who equalised in the first leg, set up the goal with a deflected cross for El Karty to score his third goal of the competition.Victory bridged a 25-year gap for Wydad, who conquered Africa for the first time in 1992 when they defeated Al Hilal of Sudan in the African Cup of Champions Clubs.The name of the premier African club competition changed to the CAF Champions League in 1997 when a new format and prize money were introduced.Wydad pocketed a record $2.5 million (about 2.1 million euros) and are guaranteed at least another $1 million by competing at the FIFA Club World Cup in the United Arab Emirates during December.Although Ahly dominated possession and territory during the goalless opening half, Wydad came closest to breaking the deadlock with 30 minutes gone.A long clearance from goalkeeper Zouheir Laaroubi set in motion a move that ended with a deflected shot from Abdeladim Khadrouf rattling the crossbar.Relieved Ahly had a great chance to take the lead four minutes later when first-leg scorer Moamen Zakaria broke clear to go one-on-one with Laaroubi.But the Egyptian failed to lift his shot sufficiently at Stade Mohammed V and the Moroccan shot-stopper used both hands to make a brilliant block. Smoke from flares enveloped the pitch as the second half started in the Moroccan commercial capital, making visibility temporarily difficult for the near-capacity crowd.Wydad were more adventurous as the half progressed, using the flanks to put pressure on Ahly, and forcing their first corner with 58 minutes gone.Morocco-born Walid Azaro, battling the make an impact as the lone Ahly striker, was withdrawn on the hour by coach Hossam El Badry with Ahmed Hamoudi taking his place.As the second leg drifted into the final quarter, play continued to be confined mainly to midfield with Wydad in pole position thanks to the away goal.With 69 minutes gone the deadlock finally ended as El Karty struck with his point-blank header evading Ahly captain and goalkeeper Sherif Ekramy.El Badry reacted to his team falling behind by introducing veteran striker Emad Meteab and winger Walid Soliman as he sought the goal that would level the final on aggregate.last_img read more

first_imgExpanding the competition for the 2022 tournament was always a complicated proposition. FIFA had sounded out potential co-hosts in the region willing to support Qatar, a complicated proposition for Doha which is subject to an ongoing embargo by Saudi Arabia, the United Arab Emirates and their allies.Last week Hassan al-Thawadi, the secretary general of Qatar’s Supreme Committee for Delivery and Legacy, said that a feasibility study jointly carried out by FIFA and Qatar would favour “expansion to other countries”.Saudi Arabia, the UAE, Egypt and Bahrain cut all ties with Doha in June 2017, accusing Qatar of supporting Iran and Islamist groups.Qatar denies the charges and says Saudi and its allies aim to incite government change in the emirate, the world’s largest exporter of liquified natural gas.Gulf states Kuwait and Oman have not taken sides in the crisis, however in April Oman announced it was “not ready” to host matches.Share on: WhatsApp FILE PHOTO: FIFA World CupLausanne, Switzerland | AFP | The 2022 World Cup in Qatar will be played with 32 teams after a proposed expansion of the tournament to 48 sides was scrapped, FIFA announced on Wednesday.World football’s governing body said in a statement that “following a thorough and comprehensive consultation process with the involvement of all the relevant stakeholders, it was concluded that under the current circumstances such a proposal could not be made now”.“(The tournament) will therefore remain as originally planned with 32 teams and no proposal will be submitted at the next FIFA Congress on 5 June,” FIFA added.An announcement of the final decision hadn’t been expected until the congress, which is being held in Paris ahead of the Women’s World Cup.FIFA president Gianni Infantino had supported the increase in the size of the tournament.However the statement said that the study “concluded that due to the advanced stage of preparations and the need for a detailed assessment of the potential logistical impact on the host country, more time would be required and a decision could not be taken before the deadline of June”.That led to FIFA dropping the idea, despite the organisation recommending in March that the number of teams should be raised to 48 for 2022, ahead of the planned 2026 World Cup in the United States, Canada and Mexico.last_img read more