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Bayern Munich beat Al Ahly to reach Club World Cup final | Football News

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Bayern Munich reached the Club World Cup final after goals in each half by Robert Lewandowski sealed a 2-0 victory over African champions Al Ahly at the Ahmad Bin Ali Stadium, a host venue for the 2022 World Cup in Qatar.

The German side will face Mexico’s Tigres in the final on Thursday after the Mexican club saw off Brazilian giants Palmeiras in Sunday’s other semifinal.

Lewandowski gave Bayern the lead after just 17 minutes and then headed home a pinpoint Leroy Sane cross four minutes before the whistle to book Bayern’s place in the final.

Lewandowski, the Bundesliga’s top scorer, has scored 29 goals in 27 matches for his club this season.

The European champions ended Ahly’s 32-match unbeaten run in all competitions under their South African-born coach Pitso Mosimane [Showkat Shafi/Al Jazeera]

Bayern are bidding to become only the second team after Barcelona in 2009 to win all six domestic and international titles up for grabs in one season.

The German giants lifted the Bundesliga, German Cup, Champions League, German Cup and UEFA Super Cup trophies in 2020.

“We want to claim another title – title number six during this season,” Lewandowski said. “This is a World Cup, which is always something special. I hope we can play even better in the final and that we will have more goalscoring chances.”

The European champions ended Ahly’s 32-match unbeaten run in all competitions under their South African-born coach Pitso Mosimane.

Bayern’s only Club World Cup title to date in 2013, beating Raja Casablanca of Morocco in the final, started a run of seven consecutive wins by European teams [Showkat Shafi/Al Jazeera]

“I’m a Tunisian but Bayern Munich is my second favourite football team,” Ayman Khalifa, 34, told Al Jazeera after the final whistle.

“I’m not that satisfied with their performance because I expected them to score five to six goals but it’s OK, they won and are in the final now. I’m sure the final will be really, really good. I will come to the stadium again [despite the pandemic] because my love and passion for football is very high.”

Michael Zeman, another Bayern Munich fan, said while the German side did not play its best, it was a terrific performance under pressure as majority of the crowd was rooting for the Egyptian team.

“Most of the supporters were behind Al Ahli. If it wasn’t for COVID, the stadium would’ve been full of Al Ahli supporters,” Zeman told Al Jazeera. “I hope and expect Bayern to play better in the final.”

Al Ahli will take on Palmeiras in the third-place play-off [Showkat Shafi/Al Jazeera]

For the Al-Ahli fans, whose dominated in the stands, the loss was heartbreaking as the team put up a good fight in front of the European champions.

“I feel really sad that Al-Ahli lost,” Tasneem Abdul Hameed, who came to the match with her husband and two children, told Al Jazeera.

“It’s a very, very rare occasion to see my team play in this country and that’s why I came to watch them despite COVID and the restrictions. I was really excited, but now, I’m very sad. It was really a good game and it would’ve been great had Al-Ahli won.”

Bayern’s only Club World Cup title to date in 2013, beating Raja Casablanca of Morocco in the final, started a run of seven consecutive wins by European teams.

Additional reporting by Showkat Shafi in Doha

For the Al-Ahli fans, who filled the stands, the loss was heartbreaking as the team put up a good fight in front of the European champions [Showkat Shafi/Al Jazeera]
Al Ahly fans dominated in the stands where the organisers capped capacity at 30 percent due to COVID-related restrictions [Showkat Shafi/Al Jazeera]



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US debt projected to balloon to more than double GDP by 2051 | Debt News

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The non-partisan Congressional Budget Office warned that by 2051, the United States’ debt will skyrocket to 202 percent of its gross domestic product, up from 102 percent this year.

The U.S. federal debt will grow to more than double the size of the economy in three decades, increasing the risk of a fiscal crisis even though dangers appear low in the near term, the Congressional Budget Office said.

Debt will be equivalent to 202% of gross domestic product by 2051 from 102% this year, the nonpartisan arm of the legislature said Thursday in its long-term budget outlook. Its projection for 195% in 2050 was unchanged from the prior report, whose forecasts ran through that year.

Net interest payments on the debt are expected to remain relatively low for the next decade, then rise rapidly over the following 20 years, the CBO said. The agency projects 10-year Treasury yield, after inflation, at 2.6% in 2050. The nominal yield was at 1.54%, near the highest in more than a year, on Thursday.

The CBO also said that the two Social Security trust funds, for seniors and people with disabilities, will be exhausted later than the agency projected last year.

The report — which doesn’t reflect the $1.9 trillion stimulus plan currently working its way through Congress — follows the selloff in Treasuries over the past week that sent yields spiking. Investors are gaining more confidence that rates will move up, with U.S. growth and the labor market set for a stronger-than-expected uptick as vaccines roll out and states lift restrictions.

The CBO outlook’s debt projections will likely underpin already-firm opposition by Republicans to the relief plan, and could also concern some Democratic lawmakers as President Joe Biden prepares a followup multitrillion-dollar plan to build infrastructure and boost the economy in other ways.

“The risk of a fiscal crisis appears to be low in the short run despite the higher deficits and debt stemming from the pandemic,” the CBO said in the report. “Nonetheless, the much higher debt over time would raise the risk of a fiscal crisis in the years ahead.”

Federal Reserve Chairman Jerome Powell said Thursday that the U.S. economy still has a long way to go before the central bank considers tightening, and underscored that the low-inflation world of the past several decades is unlikely to change.



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