Russia’s plan of hosting the 2018 FIFA World Cup could be in jeopardy after the president of soccer’s international governing body, Joseph “Sepp” Blatter, announced on Tuesday that he would resign. “Bank of America Merrill Lynch’s Vladimir Osakovskiy estimated that the total cost of the event would pump around $50 billion in to the economy,” Business Insider reports. The … Continue reading
Qatar’s emir, Sheikh Tamim bin Hamad Al -Thani, issued a law Tuesday on the financial system of the State that will push back the end of fiscal year 2014/2015 for the General State budget to December 31 from March 31, the official Qatar News Agency reports. The new financial system law will also give additional power to the … Continue reading