tag

The FIFA U-17 World Cup Qatar 2025™ marks historic firsts for five nations making their World Cup debuts: Uganda, El Salvador, Fiji, Ireland and Zambia. For these teams, the first 48-team edition of the tournament provides the ideal stage to announce themselves on the youth football landscape. Uganda's participation, in particular, represents a historic moment for the nation, as they are competing in their first-ever FIFA tournament at any level. The team secured their spot in the FIFA U-17 World Cup Qatar 2025™ following their qualification through the U-17 Africa Cup of Nations 2025 and a playoff victory over Gambia. "It's every teenager's dream to compete in this tournament. Football means everything to me. Whenever I step onto the pitch, I forget every problem I have. I've been playing football since I was a kid, and until now, I still love to play football. I want to go far in my footballing career to help my family and my community," said right back Elvis Torach. For Coach Elcambio Ssenyondo, leading his team in Qatar represents a once-in-a-lifetime opportunity: "Since they were born, these young boys dream to play on the world's biggest stage, which is the U-17 World Cup. Platforms like these allow young players to showcase their talents so they can get the attention of bigger clubs. It also provides them the competitive experience necessary to progress to the highest levels of the game.” Despite falling 2-1 against Canada, the East African nation achieved a historic milestone: Uganda's first-ever goal scored at a FIFA tournament. In their second match of the tournament, the team drew 1-1 against Chile, and is now set to face France on 11 November, at 3:30pm at the Bader Bilal pitch. “Me and my teammates are not afraid of anything. We are physically and mentally prepared for any challenge coming ahead," said Torach. **media[380453]** “We are facing worthy opponents, but we have the grit, the hunger and zeal to take them on. We are here now and we want to enjoy it as far as we can,” added Coach Ssenyondo. As the first FIFA World Cup™ to feature 48 teams, this is the biggest-ever edition of the youth tournament that saw the likes of Gianluigi Buffon, Luis Figo, Xavi Hernandez, Eden Hazard, Andres Iniesta, Neymar, Ronaldinho, Son Heung-min and Francesco Totti appear on the world stage for the first time. A total of 104 matches are being contested across eight pitches in the Aspire Zone Competition Complex, culminating in the Final on 27 November at Khalifa International Stadium. This marks the first of five consecutive youth tournaments that Qatar will host through 2029. For FIFA U-17 World Cup Qatar 2025™ tickets and tournament information, visit www.roadtoqatar.qa. For all tournament related updates, follow @u17worldcupqa on all major social media platforms.

Argentine President Javier Milei faces the challenge of laying foundations for his country’s long-term growth, according to QNB. Argentine growth is expected to reach around 3.5% in 2026 and 2027 which, although an improvement relative to recent years, it is not yet an exceptional performance for an emerging economy. Milei recently made global headlines with an unexpected and decisive mid-term electoral victory, consolidating the country’s most disruptive political movement in decades. Coming onto the national stage just a few years ago as a libertarian outsider, famously wielding a chainsaw to symbolise his intent to slash public spending, his campaigns have centred on austerity, deregulation, and a rollback of state intervention in the economy. This marks a significant shift in a nation long dominated by interventionist and left-leaning Peronism. Combined with allies from the “Pro” party, his coalition may be able to gather sufficient additional support for deeper market-oriented reforms. Since taking office in December 2023, Milei gradually began to reverse the economic trends inherited from his predecessor, with the country on the edge of hyperinflation, as prices rocketed by nearly 300% a year. By end-2025, inflation has fallen to around 30%, still painfully high but a significant turnaround by stabilisation standards. Furthermore, his government delivered the country’s first budget surplus in more than a decade, a symbol of restored fiscal discipline that few thought possible without major political resistance. The fiscal adjustment has not been painless. After a sharp initial rebound from two years of recession in 2024, growth has stalled. Stagnant economic performance raised doubts about voter support before the recent mid-term elections. The political strain deepened when the Peronists secured victory in Buenos Aires in local elections in September this year, unsettling markets, with the currency depreciating and spreads on sovereign bonds rising sharply. **media[379002]** Amid the turmoil, Milei turned to his ally US President Donald Trump, and a $20bn currency-swap package helped stabilise the peso and calm capital outflows. Going forward, Javier Milei faces the decisive test of his presidency of turning early stabilisation into durable growth. The recent elections have strengthened his position, giving his coalition enough presence in Congress to pursue long-delayed structural reforms and privatisations. Whether Argentina can pivot from emergency adjustment to a phase of sustained economic growth remains an open question. In this article, we discuss what in our view will be the main challenges for President Milei’s administration going forward. First, although the administration is placing reforms at the top of its agenda, it stands to face significant resistance from vested interests. At the top of the list are two major overhauls: a reform aiming at making labour markets more dynamic, and a broad tax reform to improve an overly complex revenue system. With stricter employment-protection legislation than regional peers, including high costs of hiring and onerous dismissal rules, a chronically large shadow economy of close to 50% of total employment has become engrained, dragging productivity. The tax system features 155 levies, with just 10 of them accounting for 94% of revenues, reflecting an inefficient and burdensome obstacle for companies. As a result, the economy has stalled in the last 15 years, with real GDP growing at an average of less than 1% per year. Reform proposals are certain to face resistance from the Peronist opposition and labour unions, but their approval would represent a decisive step to break a stagnant economic growth trend. Second, Milei will need to regain confidence to attract investments consistent with strong growth and modernisation of the country. Over the last 20 years, aggregate investment has amounted to an average of close to 17.5% of GDP, which is far below the 25-30% associated with robust performance of high-growth emerging economies. To reach this target, the country would have to close a gap of more than $60bn per year in investments relative to recent levels. The government developed its flagship investment framework, known as “RIGI” (acronym in Spanish for Regime of Incentives for Large Investments), offering long-term tax, customs and foreign exchange incentives for up to 30 years, applying to large-scale projects of more than $200mn. Until recently, committed investments through this initiative have reached only a fraction of the investment gap, mainly in infrastructure, mining and oil and gas, reflecting the need for a more stable environment to attract larger investments. Third, the administration faces the test of securing macroeconomic stability and bringing inflation fully under control. Although the aggressive “chainsaw” phase may have passed, maintaining fiscal discipline and resisting political pressure for spending will be crucial to sustain recent gains, regain monetary stability and prevent a relapse into chronic deficits. The peso has depreciated over 50% so far this year, reflecting feeble confidence in the currency. Argentina’s sovereign bonds continue to trade at spreads of over six percentage points above US Treasuries, underscoring the extraordinary risk premium demanded by investors. “Restoring macroeconomic stability will require consistent policies to rebuild credibility,” QNB added.

His Excellency Prime Minister and Minister of Foreign Affairs, Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani sent a cable of congratulations to the Head of Government of the sisterly Kingdom of Morocco, Aziz Akhannouch on the occasion of his country's national U-20 football team's victory in the 2025 FIFA U-20 World Cup.

Director of the Development Department at the Qatar Football Association (QFA), Fahad Thani Al Zarraa praised the Qatari national team's achievement after qualifying for the 2026 World Cup finals, following its victory over the UAE in the third round of Group A of the Asian qualifiers. In remarks today, he said that reaching the finals of the upcoming World Cup confirms that Qatari football is on the right track, and that what was achieved was not a coincidence. He added that this achievement was the result of meticulous work and planning by the system as a whole, adding that it culminates in the tireless efforts of those responsible for Qatari football, ensuring its continued advancement and brilliance. Al Zarraa pointed out that participating in the World Cup finals for the second consecutive time confirms that we have a comprehensive sports project, led efficiently by the Qatar Football Association, with the support of our wise leadership, which has provided all means of success for all members of the sports system in Qatar. He explained that the QFA's Development Department is committed to achieving its desired goals, providing an environment conducive to achieving them. The most important of these is the graduation of successive batches of high-caliber players, who will be important contributors to the national teams and the club first teams, through ongoing coordination with the various departments of the Association and the Aspire Academy for Sports Excellence. He added that the Qatar Football Association provides the necessary financial support to implement the development strategy developed and implemented by the Development Department, noting that what was achieved against the UAE national team is not just a sporting victory, but rather a new historic moment added to the record of achievements of Qatari football. The Director of the Development Department concluded by emphasizing the importance of continuing to provide opportunities for talent and studying the path to player development to reach professional levels. He also emphasized the need to focus on honing coaches through various training courses, noting that the Qatar Football Association is one of the most advanced Asian federations in the field of coach development.