World

Fifa president Gianni Infantino says he has scrapped the controversial plan to sell off stakes in the governing body’s major competitions, following widespread opposition.

Infantino said it had become clear the project had “created divisions” that are “no longer in the interest” of its original objective.

The Swiss added: “As a result, this proposal will not proceed.”

Infantino had offered all 211 member associations $40m (£30m) if they backed a proposal for private investment in its tournaments, including the men’s and women’s World Cups.

European football’s 55 member associations, Uefa, voted on Thursday to boycott World Cups if the plans went ahead.

Fifa’s chief operating officer Kevin Lamour said the governing body’s own administration had been “deceived” about the project.

Carlos Cordeiro – Infantino’s senior adviser on global strategy and governance – resigned over the mater, saying the proposal was “a bad deal for football” and would “mortgage football’s future”.

That came after two other major confederations spoke out against the plans.

Concacaf, which governs football in North, Central America and the Caribbean – and hosted this summer’s World Cup – said its members “rejected” the proposal, with sources saying the vast majority of associations from the region are losing, or have lost, faith in Infantino.

The Asian Football Confederation (AFC) said it stood in “solidarity” with Uefa and Concacaf, while UK Prime Minister Andy Burnham said Infantino was “the wrong man” to lead Fifa.

Infantino, 56, is now under immense pressure as he seeks re-election for a fourth term as president at the Fifa Congress in March.

He said he now intends to “bring all interested parties back together” in the “spirit of shared interest” in football.

More to follow.

Ambitious Harper Beckham is aiming for world dominance with her fledgling make-up brand, we can reveal.

The Sun told earlier this month how the teenage daughter of David and Victoria planned to name the new line Harlo by Harper.

Now we can also reveal that 15-year-old Harper’s team has lodged papers with the US Patent and Trademark Office asking to be granted sole rights to use the name across the Atlantic.

Her representatives have filed documents with the UK’s Intellectual Property Office to trademark the brand.

It comes after The Sun told how the youngest Beckham child plans to start rolling out the brand next year.

A source said: “Harper has been working on a name with the team working on the brand for a while and came up with Harlo By Harper.

BLEND IT LIKE BECKHAM

Behind-the-scenes of Harper’s beauty brand with new name revealed

GOLDEN GIRL

Harper Beckham’s World Cup outfit makes clear who she backs at Spain v France

“The trademark applications are signed and sealed.

“Although there is no set date for a launch yet, the aim is to officially start the roll out at some point next year.

“Victoria has been guiding and supporting Harper every step of the way in this venture.

“Both Victoria and David couldn’t be more proud of Harper.”

The Sun first revealed how Harper was working on her own beauty empire last year.

She is following in the footsteps of fashion designer Victoria, whose own beauty range has proved hugely lucrative since she launched it in 2019.

While Uefa members are among the richest on the planet, many other nations rely on Fifa funding for basic infrastructure.

While the AFC opposes Infantino’s plan, unlike Uefa it has not threatened to boycott Fifa competitions. AFC members would not be obliged to vote against the proposals.

Rogers Byamukama, of the Ugandan Football Federation, argued any avenue that could lead to more resources for nations like his should be explored.

“First and foremost, you need to understand that football is a very expensive venture, especially on the African continent where the resources are not easy to come by,” he told Newsday on BBC World Service.

“For instance in Uganda, the number of infrastructure projects that have been funded by Fifa from the resources generated by Fifa, especially at the World Cup, both from ticket sales as well as sponsors.

“On top of that, there are many grassroots programmes that have been funded by Fifa, including schools for football.

“From my perspective, any avenue that brings in more resources is good because those resources would be distributed and given to federations, especially on the African continent and that would inspire growth.”

Byamukama acknowledged Uefa’s right to speak out, but suggested its members were not reliant on Fifa funding like many associations in the rest of the world where Infantino remains popular.

In the first two cycles of the Fifa Forward development programme, through to 2022, $2.8bn (£2.08bn) was made available for investment across the 211 member associations.

Fifa Forward 3.0 – covering the years 2023 through to 2026 – has produced a 30% increase in funding.

Fifa has provided a further $5m (£3.7m) for every member association, with another $60m (£44.48m) paid to each confederation for their own projects.

After expanding the men’s World Cup to 48 teams from 32 for the 2026 edition, Fifa is seeking an independent agency to assess an expansion to 64 teams for the 2030 tournament.

The timeline on documents seen by BBC Sport said Fifa would receive agency proposals by 7 August, with a Fifa decision on 14 August. Delivery of analysis by the agency is then scheduled for 11 September.

Under a new licensing agreement, Netflix will be streaming “The Walking Dead” franchise globally.

Netflix and AMC Global Media, the network that originally aired the zombie series, inked a new five-year co-streaming deal, according to a press release on Thursday. Both companies will be able to show the original “The Walking Dead” series and its six spinoffs on Netflix and AMC+. The deal is valued at $500 million, AMC Global Media said in its second-quarter earnings report.

“This deal creates a global destination for this universe — all shows, all episodes — making the franchise more accessible than ever to fans around the world. In addition, the co-exclusive agreement allows us to bring the original series to AMC+ for the first time early next year,” Kristin Dolan, the company’s chief executive, said in a statement. “This agreement is a fantastic result for our companies, for the fans and for this timeless IP.”

AMC Global Media is renting the franchise, not selling it. The five-year licenses run separately for each show, with start dates that vary based on territory and the expiration of existing streaming deals. The rights to “The Walking Dead” revert to AMC Global Media when the term ends.

The company also keeps global rights to run the “Walking Dead” universe on its own services throughout. Dolan told investors the agreement would supply what she called “a meaningful source of cash flow for years to come,” framing it as evidence that the company’s library still commands premium prices even as its cable business shrinks.

The agreement will extend the franchise’s reach on Netflix in places like the U.K., Italy, Australia and New Zealand — making episodes available beginning in 2027.

“The Walking Dead” premiered on the AMC network in 2010, introducing audiences to the high-stakes world of a zombie apocalypse. In 2011, the series began streaming exclusively on Netflix in the U.S. The show aired for 11 seasons and became one of AMC’s most influential shows. Other popular programs from the network include “Mad Men” and “Breaking Bad.”

“Audiences have discovered and loved ‘The Walking Dead’ on Netflix for nearly 15 years and the show continues to attract new fans,” Lori Conkling, Netflix’s vice president of licensing, said in a statement.

The deal landed alongside a rough quarter. AMC Global Media reported second-quarter revenue of $547 million, down 9% from a year earlier, and a loss of 51 cents a share, compared with 91 cents in profit in the same period last year. Operating income fell to about $16 million from $64 million.

Netflix’s second-quarter earnings showed mixed results. The company‘s revenue rose 13% to $12.6 billion; its net income was $3.4 billion, up 9% from a year ago; and its advertising business is on track to reach $3 billion in revenue this year, double the amount in 2025.

The same filing offered some details on Netflix’s acquisition of InterPositive, the AI post-production startup founded by Ben Affleck, for $587 million in cash in March.

But Netflix’s stock price has continued to waver due in part to investor concerns about the streamer’s future growth.

July 31 (UPI) — A coal mine explosion in Pakistan’s Balochistan province left at least 34 people dead and rescue workers scrambling to reach those trapped underground Friday, local officials said.

The gas explosion happened Thursday on the outskirts of Quetta, the capital of the province in the Shangla district. Pakistan’s provincial disaster management authority said the miners were working 4,000 below the surface at the time of the blast.

It’s unclear how many people might still be trapped in the mine, The New York Times reported.

Abid Yaar, president of the Shangla Coal Mine Workers Association, said most of those killed came from Mian Kaly, and most were members of the same extended families. He told Dawn News the workers were between the ages of 17 and 25, some the orphans of miners who had died in previous coal mine incidents.

“It is not just an accident but a lifelong trauma for the families, orphans, widows and mothers who lost their loved ones,” Yaar said. “These young men had gone there only to earn a livelihood and support their families back home.”

Mir Shoaib Nosherwani, Balochistan’s top mining official, said there would be an investigation into the cause of the explosion. He said the victims’ families would also receive $1,800 for each killed worker and $1,100 for each injured worker.

South Korea, the United States, Japan and eight other countries on Friday issued a joint alert about North Korean information technology (IT) workers accused of generating revenue to help fund Pyongyang’s weapons of mass destruction programs.

The relevant authorities of the 11 countries released the alert, urging all countries, companies and other entities to deepen their understanding of North Korean IT worker schemes, implement measures to deal with them and strengthen countermeasures, such as enhancing identity verification procedures.

“North Korea relies upon a network of skilled Information Technology workers, deployed within and outside of North Korea, to obtain false identities and remotely earn income to fund North Korea’s unlawful nuclear weapons and ballistic missile programs,” they said in the alert released by the U.S. State Department.

They pointed out that North Korean IT workers impersonate nationals of other countries to obtain work and income through online platforms operated by private companies for employment, procurement and contracting of services.

“These workers seek out contracts with the intent of remitting their salaries to their parent North Korean agencies. They also pose an insider threat to companies and are involved in data exfiltration, cryptocurrency theft, and theft of sensitive information,” they said.

“North Korean IT workers employ increasingly sophisticated methods, including the integration of AI, to obfuscate their identities and expand their activities globally.”

All U.N. member states must repatriate to North Korea all North Korean nationals earning income in that member state’s jurisdiction, subject to limited exceptions, they stressed, citing a U.N. Security Council resolution on the reclusive regime.

“Additionally, contracting with North Korean IT workers and paying them for services rendered may also violate the domestic laws of many countries, including Japan, the United States, and the Republic of Korea, and may result in legal consequences or financial penalties,” they said.

The countries that issued the joint alert included Britain, Australia, Canada, France, Germany, Italy, the Netherlands and New Zealand.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

July 31 (UPI) — Some 6.5 million cruise passengers visited Mexico during the first half of 2026, a 17.1% increase from the same period a year earlier, government figures show.

Pacific destinations, in general, showed increases in visits, while the Mexican Caribbean maintained its position as the country’s main hub for maritime tourism, the Tourism Secretariat said.

Between January and June, 1,839 cruise ships called at Mexican ports, a 12.2% increase compared with the first half of 2025, according to the Secretariat of the Navy.

The Pacific Coast recorded the strongest growth. Puerto Chiapas, in the southern state of Chiapas, led during the first half by nearly doubling its number of passengers compared with the previous year.

According to the Mexican government, the port is the main maritime gateway to southern Mexico and the Soconusco region, where excursions depart for coffee plantations, the Izapa archaeological site and the mangroves along the Chiapas coast.

Mazatlán, one of the Mexican Pacific’s main cruise ports, also stood out, recording an increase of more than 60% in passenger traffic. The destination is known for connecting routes along the so-called Pacific nautical ladder and for its beaches, oceanfront promenade and historic downtown.

Cabo San Lucas, situated at the southern tip of the Baja California Peninsula, also reported passenger growth of more than 60%. The port is one of the main stops on Mexican Pacific cruise itineraries and is known for natural attractions, such as El Arco, and for marine wildlife watching excursions, according to tour operator Civitatis.

Tourism Secretary Josefina Rodríguez Zamora said the results reflect the confidence that the world’s leading cruise lines have in Mexico and highlighted that each cruise ship creates economic opportunities for communities that depend on tourism activity at the country’s ports.

Although the Pacific was the fastest-growing region, the Mexican Caribbean continued to account for most of the activity.

The ports of Cozumel and Mahahual, in the state of Quintana Roo, jointly welcomed more than 4.2 million cruise passengers between January and July, equivalent to nearly 64% of the national total, according to data from the Quintana Roo Comprehensive Port Administration, or Apiqroo, published by Reportur.

Cozumel, considered Mexico’s leading cruise port, received 795 cruise ship calls through July 19, an 8% increase from the same period in 2025. Mahahual, meanwhile, saw more than 1.29 million passengers during the first half of the year, consolidating its position as the state’s second-largest cruise destination.

Apiqroo Director Vagner Elbiorn Vega attributed part of the growth to a season with favorable weather conditions, allowing cruise ships to maintain their itineraries without the storm-related diversions required last year, Reportur reported.

If the trend continues, Apiqroo expects Cozumel to end 2026 with about 1,377 cruise ship calls, which would make it one of the port’s busiest years on record.

FIFA’s World Cup 2026 expansion was their first since 1998, but the 2030 edition could rise to 64 teams.

FIFA is studying whether to expand the World Cup from 48 to 64 teams for the 2030 edition in a move that could reshape football’s showpiece tournament when it celebrates its centennial.

World football’s governing body wants to appoint an independent agency to assess the ambitious expansion plan, which would add another 16 nations to ⁠a tournament that had already grown from 32 to 48 teams in 2026.

“FIFA wishes to appoint an independent agency to determine whether and how expanding the FIFA World Cup from 48 to 64 participating national teams, starting with the 2030 edition, would impact on the tournament proposition,” it said in a research brief seen by the news agency Reuters.

South American confederation CONMEBOL had officially proposed hosting the 2030 World ‌Cup with 64 teams last year, allowing more countries the opportunity to join in the celebrations for the tournament’s centennial edition.

The 2026 edition in the US, Canada and Mexico was the first since 1998 to move away from the 32-team format, adding four more groups and an extra knockout round in the process, resulting in 104 matches over more than five weeks.

The accelerated study comes on the heels of FIFA’s plan to create a $20bn subsidiary to run the World Cup and its other events with external investors, a move that has attracted criticism and a ⁠UEFA decision to boycott FIFA events.

Al Jazeera has contacted FIFA for comment.

UEFA and FIFA could be on another World Cup collision course

UEFA President ⁠Aleksander Ceferin said last year that expanding the World Cup to 64 teams was not a good idea.

The European governing body’s position has not changed since then, while Asian Football Confederation President Sheikh Salman bin Ibrahim Al Khalifa had also voiced opposition, questioning last year where further expansion ⁠might end.

FIFA’s proposed analysis is meant to assess whether the proposed expansion can strengthen the tournament or whether concerns such as competition dilution, calendar congestion, operational complexity and market saturation ⁠outweigh the potential benefits.

The study will examine the potential impact of expanding ⁠the tournament to 64 teams, including the effects on the competition, competitive balance, qualification, player welfare and the international calendar.

It will also estimate the revenues that could be generated from ticket sales, sponsorship and media rights under the proposed format.

“The final recommendation should demonstrate not only whether a 64-team tournament ‌can generate incremental value, but whether that value is sustainable,” the document added.

FIFA said a decision on selecting the agency would be made on August 14 and they would have only four weeks to deliver their analysis by September 11.

The ‌2030 ‌World Cup is being jointly hosted by Morocco, Portugal and Spain, while Argentina, Paraguay and Uruguay will host one match each to celebrate the tournament’s 100th anniversary.

FIFA is already facing a dispute with its confederations due to a plan to sell stakes in World Cups and other events to private investors.

July 31 (UPI) — British oil giant BP announced plans Friday to sell off its North Sea business, ending six decades of exploration and extraction in the U.K. Continental Shelf since the company first struck gas there in 1964.

The firm said that nothing would change for the time being while a buyer was found, vowing in a news release that it was fully committed to continuing to run its operations, prioritizing safety and dependability, while delivering for its customers, partners and investors.

The outcome of a review of its portfolio, BP said the goal was to enhance the value of the company by making it simpler and stronger through adhering to its approach of allocating capital in a rigorous fashion.

“The North Sea remains integral to the U.K.’s energy system. However, as we focus our portfolio and direct capital to our highest-value opportunities, we believe our North Sea business will be better positioned as part of another company. It has world-class people, resilient assets and a proud heritage, and it is precisely these qualities that can attract an owner ready to back its next chapter,” said BP.

“We are seeking an outcome that recognizes that value.”

CEO Meg O’Neill stressed that Britain would remain of key importance to the company going forward, saying BP was proud of the employment it generated, its input to the economy and its role in keeping energy flowing every day.

As recently as May, O’Neill described the North Sea basin as one of “untapped potential.”

The share price gained slightly on the news, rising a little more than 1% to $7.36 in mid afternoon trade on the London Stock Exchange on Friday.

BP has 24 fields across five main nodes in the North Sea, including its key Clair Ridge and Schielhallion fields of the Shetland Islands, with 1,100 workers pumping a little under 100,000 barrels of gas and oil daily.

Energy consultant Rystad, which estimates the North Sea business was worth $2.6 billion, told the Financial Times that it believed that the TotalEnergies-HitecVision-Repsol joint venture Neo Next +, Delek Group of Israel or Eni of Italy were in the running to buy it.

July 31 (UPI) — The British teen serving a 52-year sentence for the Southport killings of three young girls was charged Friday with additional crimes allegedly committed while in prison, including aggravated assault and weapons offenses.

Axel Rudakubana, 19, is accused of assaulting emergency workers in two separate attacks, one count of aggravated assault and possession of an offensive weapon between May and late October 2025

Police said all the alleged incidents took place at HMP Belmarsh in London.

Rudakubana is scheduled to go before Westminster Magistrates’ Court on September 11 to answer the charges.

He will appear via video-link from Broadmoor Hospital, a high-security psychiatric facility west of London to which he was transferred from prison last week.

Officials determined he was too dangerous for a regular penal institution following an independent clinical assessment, but the Justice Ministry stressed that would be returned to prison to complete his sentence once his mental state had improved and he was assessed as well enough to do so.

A psych evaluation after he carried out the July 2024 knife rampage that killed Bebe King, 6, Elsie Dot Stancombe, 7, and Alice da Silva Aguiar, 9, and seriously injured eight other children and two adults, found him fit to stand trial.

Following a trial in January 2025, Rudakubana was sentenced to a record 52 years in prison, minus time spent on remand.

The judge was unable to impose a so-called whole-life sentence normally applied for crimes of this seriousness, where the offender remains in prison until they die, as Rudakubana was 17 at the time of the attack.

He will become eligible for parole in 2076, just shy of his 70th birthday, but is unlikely to ever be released from prison.

The initial phase of an official inquiry into the killings concluded in April that Rudakubana could have been stopped but for the “catastrophic” and “irresponsible” failures of authorities and his parents.

Former Appeal Court judge Sir Adrian Fulford, said the attack woud likely have been prevented if Rudakubana’s parents had reported what they knew and law enforcement, child and mental health agencies responded appropriately to the risk he was known to present.

Gardeners’ World’s Adam Frost has opened up about his former mentor, Geoff Hamilton, the iconic BBC presenter who inspired him before his death in 1996

Adam Frost said his “world turned upside down” when he discovered his co-star had died.

Adam first met Gardeners’ World legend Geoff Hamilton in 1990 after responding to a job advertisement seeking “a young landscaper required for a television garden in Rutland”. It would prove to be a life-changing moment for the presenter, who would eventually go on to become one of the show’s most recognisable faces on TV.

Adam officially joined Gardeners’ World as a co-presenter in 2016, bringing his warm, down-to-earth approach to the much-loved programme. Over the years, the show has been fronted by a host of experts, including Geoff, who joined in 1979 following a guest appearance that led to a permanent role.

To honour what would have been Geoff’s 90th birthday, BBC Four is celebrating his enduring legacy with a special evening dedicated to the much-loved presenter.

Adam, who went on to follow in Geoff’s footsteps, recalled warmly: “You could just sense Geoff was slightly different. There was a presence, a confidence, I could tell he cared passionately about his work. I was captivated.”

He further told the Radio Times: “My relationship with my old man was never great, and Geoff was someone to look up to. He had a lot of his family working for him, a strong moral compass, and he knew what he was trying to do.”

Reflecting on the moment he learned of Geoff’s passing, Adam confessed: “My world turned upside down.” He also revealed that he recently told his son he “still misses him”.

Tragically, Geoff died in 1996 at just 59 years old, following a heart attack while taking part in a charity cycle run.

Away from the garden, Adam has also shown great courage in speaking publicly about his two-decade health battle with Fibromyalgia, a debilitating condition which triggers widespread pain throughout the body and affects roughly 2.5 million people in the UK.

During an appearance on Morning Live, which aired last year, Adam was visibly emotional as he discussed his long struggle with the illness. “For most of my life, I’ve considered myself pretty fit and healthy, regularly playing sports and, of course, spending lots of time in the garden,” he said.

He went on to explain how his symptoms first began: “But around 20 years ago, I started to experience some unusual symptoms. I started to experience these very odd pains. They started in my neck, back, and shoulders, like this throbbing, and that then just moved through the rest of my body. On top of that, I wasn’t sleeping very well. I’d go to work and come home, exhausted.”

Adam revealed that for almost two years, doctors struggled to identify what was causing him to be so unwell, leaving him feeling like he was being “sent from pillar to post”. Even after finally receiving his diagnosis, he explained it took a further 12 months of “going on this journey of understanding to eventually get some sort of treatment.”

Gardeners’ World is available to watch on BBC iPlayer.

July 31 (UPI) — Spain said Friday that it was deploying troops to Ceuta, an autonomous Spanish principality on the coast of North Africa, to deal with an influx of tens of thousands of migrants who illegally crossed from Morocco.

Authorities requested assistance from Madrid after the security situation descended into chaos on Thursday with border integrity completely overwhelmed and at least 15 people drowned after attempting to swim to Ceuta.

“The armed forces will reinforce the Civil Guard in the exercise of its powers and any others that may be necessary to maintain security in the city of Ceuta,” said Spain’s Interior Ministry.

It added that it was coordinating with Morocco to address the flow of migrants and that both governments were committed to coming up with and implementing measures for the swift return “of all people who have entered illegally.“

Spanish Prime Minister Pedro Sanchez was due to hold emergency talks with officials in Ceuta on Friday.

In a post on X, he reassured Ceuta President Juan Jesus Vivas that his administration was deploying all necessary resources and partnering with Moroccan and international authorities to “restore normalcy as soon as possible.”

Separated from the Spanish mainland by the Gibraltar Strait, just 10 miles wide, Ceuta is a key staging post in the journeys of migrants trying to reach Europe, with the influx apparently triggered by a recent Spanish Supreme Court ruling that people intercepted en route to Ceuta cannot be returned to Morocco.

The interior ministry blamed organized human traffickers using the decision to “encourage the flow of undocumented migrants.”

Implications for the other European countries, due to so-called Schengen free travel area that, once on the soil of any member nation, allows people to move around the continent passport-free, prompted France to tighten its border with Spain.

“In response to the situation observed in the Ceuta enclave, I gave instructions as of last night to immediately strengthen the controls at the Spanish border. Furthermore, I am activating the Rapid Intervention Border Force for in-depth checks,” Interior Minister Laurent Nunez announced on X on Friday morning.

FIFA face global mutiny as Asian Football Confederation stand with Europe and North America after their boycott threats.

The ‌Asian Football Confederation has said it “stands in solidarity” with regional ⁠bodies UEFA and ⁠CONCACAF in opposing plans to sell a stake in the World Cup to private investors but stopped short of threatening ⁠to boycott events run by FIFA, global football’s governing body.

The confederation in a statement on Friday expressed “deep concern” over the proposed establishment of a $20bn commercial ⁠subsidiary, FIFA Forward Enterprise (FFE), to run the World Cup and FIFA’s other events.

“The fact that the situation has reached the point where the real possibility of a FIFA World Cup boycott has entered public discourse should concern everyone ‌who cares about the future of our game,” the statement said.

“Football should never have been placed in such a position.”

UEFA, European football’s governing body, voted unanimously on Thursday to boycott all FIFA events unless the plans were dropped. CONCACAF, the regional federation for North America, Central America and the Caribbean, has also rejected ⁠FIFA’s proposal.

On Thursday, AFC President Sheikh Salman bin Ebrahim Al Khalifa had said the way the proposal had been made was “totally unacceptable”, in a letter to member associations.

The AFC said “the proposed FFE cannot realistically achieve the necessary broad consensus and ⁠unity required to move forward.

“The FIFA World Cup ⁠is the pinnacle of global football and derives its strength from the participation of all confederations and the world’s leading football nations.”

The AFC also made a thinly veiled attack on the ⁠governing body’s president, Gianni Infantino, saying the plan “has exposed fundamental weaknesses in FIFA’s consultation and decision-making processes that ⁠must now be addressed”.

Even after FIFA issued ⁠a new statement on Friday, saying each national association “should be allowed to review the proposal and have a say in shaping their own future”, the AFC said “central concerns surrounding governance, ‌institutional process and meaningful consultation remain unanswered”.

It said the furore must become a catalyst for institutional reform at FIFA, and that “meaningful democracy is not ‌measured ‌solely by the opportunity to vote.

“It begins with transparent governance, timely consultation, informed deliberation and genuine participation throughout the decision-making process.”

July 30 (Asia Today) — South Korea’s state-run housing guarantor failed to properly investigate debtors and recover claims after paying about 15 trillion won, or $10.3 billion, under defaulted guarantees over the past five years, a government audit found Thursday.

The Housing and Urban Guarantee Corporation, commonly known as HUG, has yet to recover about 12 trillion won, or $8.2 billion, of that amount.

The Board of Audit and Inspection released the findings of its regular audit of the corporation, identifying problems in guarantee issuance, project financing reviews, debt collection and customer refunds.

HUG provides guarantees intended to protect tenants if landlords fail to return jeonse deposits.

Jeonse is a housing rental arrangement widely used in South Korea in which a tenant provides a large refundable deposit instead of paying, or in exchange for paying less, monthly rent.

Corporation undercharged guarantee fees

Auditors found that HUG undercharged a corporate rental business by about 2.77 billion won, or $1.9 million, when issuing guarantees covering 12,752 homes.

HUG’s rules required it to calculate the fee using the company’s credit rating on the date the guarantee was issued. Employees instead used an earlier, more favorable credit rating from the application date.

The audit board called for disciplinary action against the employees involved and instructed HUG to review ways of collecting the unpaid fees.

HUG has reported financial losses since 2022 as rental deposit guarantee defaults increased, including cases involving large-scale jeonse fraud.

Its operating loss grew from 242.9 billion won, or about $166 million, in 2022 to 2.19 trillion won, or about $1.5 billion, in 2024.

Weak reviews led to $261 million in PF guarantees

The audit also found deficiencies in HUG’s reviews of housing project financing guarantees.

Such guarantees rely largely on a developer’s projected income from future home sales, making an accurate assessment of expected cash flow essential.

Auditors found that HUG accepted financial data in which developers had arbitrarily delayed construction payments, improving the projects’ apparent debt-service capacity.

As a result, HUG approved a combined 382 billion won, or about $261 million, in guarantees for three projects that should have been rejected under its own standards.

HUG also incorrectly graded two other projects and collected about 1.64 billion won, or $1.1 million, less in guarantee fees than it should have.

Thousands of debtors were not investigated

The audit board also found major gaps in HUG’s efforts to identify assets belonging to debtors after paying claims on their behalf.

An examination of seven regional management centers found no record of an asset investigation for 2,915 of 9,003 debtors, or 32.3%.

The rate varied widely among regional offices. The Seoul Northern Center investigated the assets of only 21.6% of the debtors assigned to it, compared with 99.8% at the Seoul Western Center.

HUG’s headquarters failed to adequately monitor or address those differences, auditors said.

Tenants missed refunds

HUG also failed to refund fees to some tenants who had been enrolled in both a landlord rental deposit guarantee and a tenant jeonse deposit return guarantee.

The audit identified 1,699 cases involving about 173 million won, or approximately $118,000, in unreturned fees.

It also found 454 guarantee-default cases in which money owed to tenants had not been properly returned.

The audit board instructed HUG to analyze the causes of the problems and develop improvements in its core operations, including guarantee reviews, issuance procedures and debt recovery.

It also called for disciplinary or corrective action against employees responsible for improper decisions.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260730010011338

July 31 (UPI) — Rescue crews searching for 10 missing mountaineers following an avalanche on Pakistan’s Broad Peak mountain found four bodies, officials said Friday.

The expedition was led by renowned mountaineer Nirmal Pruja and included American climber and wellness entrepreneur Mallory Geis.

Maj. Gen. Irfan Arshad Khan, president of the Alpine Club of Pakistan, said in a statement posted on Instagram on Friday that the bodies had been located.

“Search-and-rescue operations remain ongoing, and we urge the public to await verified updates before drawing conclusions,” the club said in a separate statement.

“The Alpine Club of Pakistan extends its continued thoughts to the climbers and their families during this difficult time.”

The club did not say whether the bodies had been recovered.

The avalanche occurred midday Thursday on Broad Peak, which at 26,401 feet is of the world’s 12th-highest mountain, in Pakistan’s Karakoram mountain range.

The Alpine Club of Pakistan said in a statement that one of its expeditions had gone missing. It was last in communication with the group before the avalanche occurred, it said.

The 10 expeditions members were identified as Purja, Geis, Sohail Sakhi of Pakistan, Wang Zhong of China, Nadhira Ahmed Abdullah Al Harthy of Oman and Nepalese mountaineers Pur Bahadur Gurung, Kili Pemba Sherpa, Nima Sherpa, Nawang Thindu Sherpa and Gyalu Sherpa.

Fifa wants to create a commercial subsidiary to run its main events, including its World Cups, and external investors will be able to buy stakes in it.

It said it would “invite third parties to make minority, non-controlling investments” in a new subsidiary – Fifa Forward Enterprise (FFE).

On Friday, Fifa said FFE had been proposed “to ensure all Fifa member associations have the opportunity to take meaningful ownership of the commercial opportunity of football in their respective countries”.

“This does not come at the cost of either the spirit or the governance of Fifa or football itself,” it added.

However, Uefa has accused Fifa of using football “to enrich themselves and their friends”.

Infantino previously wrote to Fifa members saying they will receive $40m (£30m) if they back his controversial proposal. He set a deadline of 19 September for federations to accept his plans if they want to access an initial $20m (£15m).

If approval is granted, Fifa says Thrive Eternal is expected to lead the proposed investor group for FFE.

Thrive is an American venture capital firm founded by Joshua Kushner – the brother of US President Donald Trump’s son-in-law Jared.

July 31 (UPI) — Fourteen nations have backed the formation of a Saudi-led coalition to protect shipping routes from Houthi attacks in and around the Red Sea, drawing more countries into the Iran-U.S. war.

The kingdom’s defense ministry announced their support for the multinational defensive maritime alliance Thursday following a meeting in Riyadh attended by the defense ministers and representatives of 43 countries.

According to a statement, the alliance is aimed at “strengthening maritime security, protecting freedom of navigation, securing international trade routes and energy supply routes and safeguarding shared maritime interests in the Bab el-Mandeb Strait, the Red Sea and the Gulf of Aden.”

“The alliance is exclusively defensive in nature and does not target any state, alliance or international organization,” it said.

The statement said participation in the alliance’s activities and operations “will remain a sovereign decision” for each state, meaning any member country can opt out of specific missions.

It also identifies Saudi Arabia its founding state and the alliance’s leader and says thee kingdom will host its permanent headquarters.

A second statement added that other countries that had participated in the meeting “expressed support for the initiative and are in the process of completing the necessary domestic procedures and approvals to join the joint statement.”

The 14 countries are Saudi Arabia, Kuwait, Bahrain, Qatar, Pakistan, Turkey, Egypt, Jordan, Yemen, Bangladesh, Nigeria, Sudan, Djibouti and Somalia, the Saudi Press Agency reported.

The alliance was formed after the Iran-backed, Yemen-based Houthis early last week announced a maritime blockade targeting Saudi vessels traveling through the Red Sea via the Bab el-Mandeb Strait, accusing Riyadh of conducting an “unjust and oppressive siege on our people.”

The blockade threatens energy shipments that exit ports along the western side of the oil-rich nation at a time with Iran is exercising a similar blockade of commercial vessels at the Strait of Hormuz near Saudi Arabia’s eastern side.

The move is expected to further strain energy supplies, potentially causing fuel prices to surge and trigging an international energy crisis. Yemen’s Houthi forces have already claimed to have attacked Saudi oil tankers in the region for allegedly violating its maritime ban.

July 30 (Asia Today) — South Korean police have referred a woman in her 20s to prosecutors on allegations that she spread false information about the May 18 Gwangju Democratization Movement on Instagram.

The Seodaemun Police Station in Seoul said Thursday that the woman, whose identity was withheld, was recently referred without detention on suspicion of violating a special law concerning the 1980 democracy movement.

The woman allegedly posted a comment May 15 describing the movement as an armed insurrection carried out by anti-state forces.

She posted the comment under an Instagram message promoting benefits offered in Gwangju and other areas to commemorate the anniversary of the movement.

She then captured an image of her comment and shared it through the Instagram Stories feature on her account, police said.

The May 18 Gwangju Democratization Movement began in May 1980, when citizens protested martial law and military rule. Government troops violently suppressed the demonstrations.

South Korean law prohibits knowingly spreading false information about the movement through newspapers, broadcasts, the Internet or other publicly accessible channels.

A conviction can carry a prison sentence of up to five years or a fine of up to 50 million won, or about $34,200.

Police began investigating after receiving a complaint through the government’s online civil petition service May 21.

“Historical distortion concerning May 18 not only insults victims and their families and damages their reputations but can also create social confusion by spreading a false understanding of history,” a police official said.

Police said they would strictly investigate the deliberate creation and distribution of clearly false information that exceeds the legally protected boundaries of free expression.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260730010011422

July 30 (UPI) — Negotiators implementing the Gaza cease-fire plan and Iran-backed Hamas have reached a framework for disarming militant groups in the Palestinian enclave, President Donald Trump announced Thursday.

The tentative agreement could mark a significant breakthrough toward ending Israel’s war in Gaza, though it is contingent on Israel agreeing to withdraw its troops. Prime Minister Benjamin Netanyahu‘s administration has yet to comment.

“This agreement is a critical step towards Gaza finally being governed by a new Palestinian government that will work closely with the Board of Peace to help the Palestinian people,” Trump said in a statement.

“At the same time, Israel will have the security it deserves, with Gaza no longer used as a base for terror attacks.”

Trump’s so-called Board of Peace — a coalition of 28 countries, including Israel and weighted toward Middle Eastern and smaller or midsize nations — was formed in January and is tied to a U.N.-backed, 20-point plan for the stabilization and reconstruction of Gaza, which has been devastated by the war.

According to a late Thursday statement from the Board of Peace, the agreement concludes months of negotiations and is the first time Hamas has committed to disarmament.

The board said that under the agreement, Israeli forces are to withdraw from Gaza after Hamas and other militant groups in the Palestinian enclave relinquish their weapons.

Trump said that after Israel withdraws, the International Stabilization Force will work with a new Palestinian police force to assume responsibility for security of Gaza.

The agreement “holds the promise of delivering significant benefits to the people of Gaza, who have waited for too long for a better future, and security to the people of Israel,” the board said.

Egypt, Qatar and Turkey mediated the agreement, Trump said.

This is a developing story.

July 30 (Asia Today) — Residents near South Korea’s border with North Korea were briefly ordered to evacuate Thursday after the military detected an unidentified aircraft that was later confirmed to be a U.S. drone involved in a training exercise.

South Korean troops detected the aircraft south of a general outpost in northern Gyeonggi province and responded in accordance with established operational procedures, the Joint Chiefs of Staff said.

“After checking, it was confirmed to be a U.S. drone participating in training,” a Joint Chiefs official said.

The aircraft was detected by South Korean personnel using thermal observation equipment. The military initially could not determine whether it belonged to South Korea, North Korea or another operator.

Residents living north of the Civilian Control Line near Cheorwon in Gangwon province received emergency messages at about 2:30 p.m. telling them that a drone had been detected and instructing them to move to nearby shelters or leave a restricted checkpoint area.

The Civilian Control Line marks a restricted zone south of the Demilitarized Zone where civilian access is limited for security reasons.

The military identified the aircraft as a U.S. drone about an hour after the warning was issued and ended the emergency response.

U.S. Forces Korea later said the incident occurred during combined training involving U.S. Marines and South Korea’s 1st Marine Division.

“The U.S. Marine Corps is assessing the circumstances surrounding the incident and remains in coordination with the Republic of Korea Marine Corps and relevant local authorities,” U.S. Forces Korea said.

It remained unclear whether the drone’s flight plan had been shared in advance with all South Korean units responsible for monitoring the border area.

South Korean military officials said further investigation was needed to determine the aircraft’s specific unit and why its operation was not immediately identified.

The incident raised the possibility that incomplete communication about the U.S. training exercise caused confusion among South Korean troops and local authorities.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260730010011478

July 30 (Asia Today) — The nuclear-powered aircraft carrier USS George Washington arrived in the central Vietnamese city of Da Nang on Thursday, one day after a Russian naval group completed a visit to Cam Ranh International Port.

The five-day port call is the fourth visit by a U.S. aircraft carrier to Vietnam since the two countries normalized diplomatic relations in 1995. It comes as the U.S. Navy has concentrated some of its carrier forces in the Middle East during the conflict with Iran.

The George Washington, flagship of Carrier Strike Group 5, arrived with the guided-missile cruiser USS Robert Smalls and the guided-missile destroyer USS Shoup. The ships are scheduled to remain in Da Nang through Monday.

The Nimitz-class carrier is based in Yokosuka, Japan, and is the U.S. Navy’s only forward-deployed aircraft carrier.

Its air wing includes F-35C Lightning II stealth fighters, F/A-18E/F Super Hornets, EA-18G Growlers, E-2D Hawkeyes, CMV-22 Ospreys and MH-60 helicopters.

The visit is the first by the George Washington to a Vietnamese port. The carrier previously hosted Vietnamese delegations at sea in 2010, 2011 and 2012.

The USS Carl Vinson became the first U.S. aircraft carrier to visit Vietnam after the war when it called at Da Nang in 2018. The USS Theodore Roosevelt followed in 2020 and the USS Ronald Reagan visited in 2023.

Vietnam’s Defense Ministry said the latest visit would contribute to maintaining and developing relations between Hanoi and Washington.

The U.S. Consulate General in Ho Chi Minh City said the visit reaffirmed the U.S. Navy’s commitment to a shared vision of a free and open Indo-Pacific.

The United States and Vietnam elevated their relationship to a comprehensive strategic partnership in September 2023, Vietnam’s highest diplomatic classification.

The two countries have since expanded defense discussions, including maritime security, information sharing, defense trade and efforts to address the consequences of the Vietnam War.

The ships’ scheduled activities include public tours, performances by a U.S. Navy band and sporting and cultural exchanges with Vietnamese participants.

Visit follows Russian naval stop

The U.S. carrier arrived one day after a Russian Pacific Fleet group completed a four-day visit to Cam Ranh International Port in south-central Vietnam.

The Russian vessels, including the Kilo-class submarine Ufa, visited from Sunday through Wednesday and participated in submarine rescue training with the Vietnamese Navy.

The close timing of the Russian and U.S. visits reflects Vietnam’s effort to maintain defense relations with multiple major powers without entering a formal military alliance.

Chinese, Indian and Japanese naval vessels have also visited Vietnamese ports in recent months.

Vietnam’s 2019 defense white paper established its “Four No’s” policy: no military alliances, no alignment with one country against another, no foreign military bases or use of Vietnamese territory against another country and no use or threat of force in international relations.

Vietnam has expanded defense cooperation with the United States but continues to purchase and operate large amounts of Russian-designed military equipment.

Differences in cost, maintenance systems and compatibility have limited Vietnam’s purchases of U.S. weapons.

China likely to monitor visit

The George Washington entered the South China Sea after passing through the Luzon Strait on July 22, following two recent confrontations between Chinese and Philippine vessels in disputed waters.

Carl Thayer, emeritus professor at the University of New South Wales in Australia, said the visit signals that U.S.-Vietnam engagement is continuing despite the transfer of some American military assets to the Middle East.

He said China would likely monitor the carrier strike group with ships and aircraft but avoid the sharp public criticism it often directs at the Philippines.

Beijing has generally sought to avoid pushing Vietnam into a closer military relationship with Washington, despite disputes between China and Vietnam in the South China Sea.

The port call illustrates Hanoi’s broader strategy of welcoming military vessels from competing powers while maintaining its formal policy of strategic independence.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260730010011465

GENEVA — European nations agreed Thursday to boycott the World Cup and all other FIFA competitions to protest Gianni Infantino’s plan to sell stakes in soccer’s biggest tournament to private equity investors. The North American soccer body rejected his plan later the same day.

“UEFA and its national associations will not participate in FIFA competitions,” the European soccer body said after an urgent online meeting of its 55 member nations.

The next scheduled FIFA tournament is within weeks in Europe — the Women’s Under-20 World Cup hosted by Poland from Sept. 5 — and the four British federations comprise FIFA’s only bidder to host the 2035 Women’s World Cup. That decision is due Nov. 23.

“Some things are simply too important to sell,” UEFA said in a statement. “The FIFA World Cup belongs to football. It always will. And so long as Europe has a voice, it will never be for sale.”

The strategy meeting was called to counter FIFA president Infantino’s offer of $20 million to each of FIFA’s 211 global members that has to be accepted by mid-September.

Later Thursday, the 41-member Confederation of North, Central American and Caribbean Assn. Football (CONCACAF) met and announced it rejected Infantino’s plan.

In a statement, CONCACAF said members “expressed deep concerns about the lack of due process surrounding the proposal, the artificially short deadline imposed, and the absence of any review or approval by the relevant FIFA governance bodies.” It also questioned the need for outside investment “following the most profitable FIFA World Cup in history.”

Infantino’s secret project was revealed Tuesday to spin off its commercial operations in a new $20-billion subsidiary called FIFA Forward Enterprise (FFE) 20% owned by private investors. The core investor would be a New York investment firm created by Joshua Kushner, the brother of U.S. President Trump’s son-in-law Jared Kushner.

Infantino wrote Tuesday to the 211 members — already the effective owners of FIFA as a nonprofit association under Swiss law — that if they approve FFE their promised $10-million basic funding for the next four years will double to $20 million. He projected their FIFA funding through 2038 would be $86 million each, instead of about $36 million.

“This is not merely a profound failure of leadership, but an abdication of FIFA’s duty as the custodian of world football,” said UEFA, where Infantino was a longtime staffer and its CEO-like general secretary when he was first elected to lead FIFA in 2016.

Infantino’s presidency at risk?

Infantino’s high-stakes financial gambit now could threaten his previously secure 11-year presidency of FIFA as anger and frustration with him rises among soccer stakeholders including three of the six continental bodies.

FIFA has set a Nov. 18 deadline for potential candidates to declare in a presidential vote of the 211 members scheduled next March in Rabat, Morocco.

Infantino had seemed — 11 days ago after the World Cup final in East Rutherford, N.J. — to have a clear path to being reelected unopposed for a fourth and final term in office through 2031, despite a furor over letting United States forward Folarin Balogun play against Belgium despite a red card in his previous game.

Soccer officials have said privately Infantino has eyed a lucrative commissioner-like role at the FFE spinoff beyond 2031.

“Game over, Gianni #InfantinOUT,” the Football Supporters Europe group, which advises UEFA on fan issues such as ticket prices, posted after the boycott threat.

Soccer’s concern at investor pressure

UEFA detailed Thursday why soccer officials fear external investors owning a stake of the global game’s biggest events, including World Cups and Club World Cups for men and women.

“The moment external investors acquire ownership interests in FIFA competitions, football changes forever,” UEFA said. “Commercial return becomes a permanent obligation. Investor expectations become a daily pressure.”

Infantino has presented the private equity offer as a chance to “turbocharge” funding development of soccer across the world, where a majority of the 211 FIFA members rely on its funding.

Officials from about 40 UEFA members spoke at the urgent meeting, with anger expressed that FIFA is not using some of its multi-billion reserves to fund extra development programs.

“As a result of today’s discussion, no UEFA national teams will participate in any FIFA competition for so long as these proposals remain alive,” the European soccer body said, “unless this proposal has been abandoned in its entirety and binding assurances have been given that FIFA will never again open its governance or competitions to private ownership.”

Asia adds rare criticism of Infantino

On a seismic day in soccer politics, a traditional bedrock of support in Asia for FIFA and Infantino had earlier Thursday been shaken.

“FIFA’s unilateral actions appear to undermine the very foundations of continental football,” the Asian Football Confederation president Sheikh Salman bin Ibrahim Al Khalifa said in a letter to its 46 members of FIFA, warning of risks to their own competitions.

Sheikh Salman, an ally to Infantino since losing the FIFA presidential election to him in 2016, wrote “such an initiative will not succeed without the support of all the confederations, which is not the case now.”

In a video message published Wednesday by FIFA, Infantino insisted spinning off its money-making operations was “an offer, not an obligation.”

A FIFA presentation for its members, co-written with its banking advisors from J.P. Morgan and seen by the Associated Press, set a goal for FFE as “commercial rigor and expertise to better capitalize on broadcast rights, sponsorships and a growing tournament portfolio.”

FIFA squeeze on continental games

That growing portfolio probably would include adding more teams to FIFA competitions such as the World Cup and Club World Cup for men and women, and potentially staging them more often than every four years, including in the U.S.

FIFA adding teams, games and competitions would squeeze the value, status and space in the congested global fixture calendar for those that fund and are organized by the six continental soccer bodies like UEFA and the AFC. Those include World Cup qualifying games, continental tournaments and Champions Leagues.

“It is important that the AFC family has a complete understanding,” Sheikh Salman wrote, “of how such an initiative may affect key areas of global and Asian football, including the sustainability of confederation and [domestic] competitions, as well as the organization and commercial landscape surrounding the AFC’s activities.”

UEFA’s previous boycott threat

A threatened World Cup boycott from Europe helped derail Infantino’s plan in 2021 to play World Cups every two years instead of four.

Dunbar writes for the Associated Press.