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Chelsea and Atletico Madrid Agree on Joao Felix and Conor Gallagher Swap Deal

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Chelsea and Atletico Madrid Agree on Joao Felix and Conor Gallagher Swap Deal

Chelsea have reached an agreement with Atletico Madrid to bring forward Joao Felix back to Stamford Bridge, with midfielder Conor Gallagher moving in the opposite direction as part of the deal. The fee for Felix, though undisclosed, will see the 24-year-old Portugal international sign a six-year contract with an option for an additional season.

Felix, who previously spent a loan spell at Chelsea in 2023, scoring four goals in 20 appearances, is set to rejoin the London club pending a medical. His return marks a significant addition to Chelsea’s attacking options.

In exchange, England international Conor Gallagher is set to join Atletico Madrid on a five-year contract. Gallagher had been training alone at Chelsea’s Cobham training ground after a week of uncertainty surrounding his transfer. His move was initially delayed due to complications with Chelsea’s pursuit of striker Samu Omorodion, which postponed Atletico’s ability to finalize Gallagher’s £33 million transfer.

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Gallagher’s switch to Atletico Madrid comes after he was spotted at the Wanda Metropolitano Stadium nine days ago, anticipating the move before returning to London due to the delay.

With this swap deal nearing completion, Chelsea are expected to focus on player sales ahead of the transfer deadline on August 30. The club remains interested in Napoli striker Victor Osimhen, as Napoli continues to pursue a loan deal for Romelu Lukaku. Napoli has reportedly made a second loan offer for Lukaku, which includes a £25.5 million obligation to buy, though this falls short of Chelsea’s £35 million asking price.

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Politics

Trump Vows to Impose Massive Tariffs to Protect American Car Industry

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Trump Vows to Impose Massive Tariffs to Protect American Car Industry

In an interview with Fox News’ Maria Bartiromo on Sunday Futures, former President Donald Trump doubled down on his economic strategy to impose steep tariffs on foreign carmakers, a plan he says is essential for protecting U.S. automakers. Trump suggested raising tariffs on foreign vehicles by 200%, or even as high as 500%, to prevent overseas manufacturers, particularly those from China and Mexico, from competing with American car companies.

“I’ll put 200 or 500%, I don’t care, until they can’t sell one car here,” Trump declared, emphasizing that his goal is to stop foreign automakers from undermining U.S. manufacturing. He stressed that allowing foreign-made cars to dominate the market could lead to the collapse of the remaining U.S. car companies.

Trump’s proposal comes amidst criticism from several quarters, including conservative outlets like The Wall Street Journal, which warned of the potential negative impact such tariffs could have on the economy. The former president dismissed these concerns, arguing that the tariffs would not only bring car production back to the U.S. but also strengthen American manufacturing.

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“We have the golden market. We have the money,” Trump said, warning that without drastic action, the U.S. risks losing its economic edge in car production. His plan is part of a broader economic agenda aimed at reshoring American industries and reducing dependency on foreign goods.

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Sri Lanka swears in new left-leaning president

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Sri Lanka swears in new left-leaning president

Anura Kumara Dissanayake has been sworn in as Sri Lanka’s new president, pledging to bring “clean” governance as the country continues to recover from its deepest economic crisis. The left-leaning leader, known for his stance against corruption, sees his election as a call for change and transparency in a country long troubled by political cronyism.

Dissanayake’s election follows the ousting of former president Gotabaya Rajapaksa in 2022 after mass protests driven by economic hardships. In his inaugural address, the 55-year-old president emphasized the need for a new political culture that restores public trust. “We need to establish a new clean political culture,” he said, while committing to safeguard democracy.

His speech underscored the importance of unity, with representatives from Sri Lanka’s Buddhist, Hindu, Muslim, and Christian communities attending the ceremony. Dissanayake promised good governance, economic reform, and a focus on manufacturing, agriculture, and IT development. He also pledged to uphold Sri Lanka’s agreement with the International Monetary Fund (IMF), aiming to reduce the burden of austerity on the country’s poorest citizens.

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Dissanayake’s swearing-in was preceded by the resignation of Prime Minister Dinesh Gunawardena, setting the stage for a parliamentary dissolution as the nation embarks on this new political chapter.

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Okpebholo Secures Victory in Edo Governorship Election

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Okpebholo Secures Victory in Edo Governorship Election

Okpebholo Monday, the candidate of the All Progressives Congress (APC), has been declared the winner of the Edo State governorship election after receiving 291,667 votes. He defeated Asue Ighodalo of the Peoples Democratic Party (PDP), who secured 247,274 votes, and Labour Party (LP) candidate Olumide Akpata, who finished third with 22,761 votes. Fourteen other candidates also contested but received fewer votes.

Prof. Faruk Kuta, the Returning Officer from the Independent National Electoral Commission (INEC) and Vice-Chancellor of the Federal University of Technology, Minna, officially declared Okpebholo the winner at 09:27 pm at the collation center in Benin City, Edo State’s capital, amidst applause from APC supporters.

Okpebholo’s victory was dominant in over 10 out of the state’s 18 local government areas, while Ighodalo achieved marginal wins in the remaining councils. The APC also claimed control in two of the three key senatorial districts in Edo State.

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