- Global stocks mostly fall before US jobs data
- Ubisoft: the 'Assassin's Creed' maker targeted by suitors
- Stock markets drift lower as US jobs data looms
- Pakistan flight departs for Paris after EU ban lifted
- Nobel laureate Malala Yousafzai to visit native Pakistan for girls' summit
- AI comes down from the cloud as chips get smarter
- Tajikistan bets on giant dam to solve electricity crisis
- Uruguay bucks 2024 global warming trend
- Last 2 years crossed 1.5C global warming limit: EU monitor
- Japan 'poop master' gives back to nature
- US Supreme Court to hear TikTok ban case
- US Fed's December rate cut should be its last for now: official
- Paris Hilton among celebrities to lose homes in LA fires
- Airbus boosts plane deliveries in 2024
- Ubisoft reviews restructuring options, postpones new Assassin's Creed
- Lamborghini sets new sales record amidst hybrid push
- Lebanon army chief Aoun becomes president after two-year vacancy
- US emissions stagnated in 2024, challenging climate goals: study
- Lebanon army chief short of required majority in first round of president vote
- Global stock markets mixed tracking US rates outlook
- Lebanon meets to finally elect president after two-year vacancy
- Celebrities flee Los Angeles fires, lose houses as Hollywood events scrapped
- Japan startup hopeful ahead of second moon launch
- Ukraine allies to hold last defence meet before Trump takes office
- Myanmar military adopts anti-junta fighters' drone tactics
- CES tech looks to help world's aging population
- Rubber tappers forge sustainable future in Amazon
- US astronauts upbeat seven months into eight-day mission
- Extreme weather, suburban sprawl fuel LA's wildfires
- Political chess or true beliefs? Zuckerberg's surprise Trump pivot
- US Fed officials concerned over 'stalled' disinflation, tariffs: minutes
- Celebrities flee Los Angeles fires as Hollywood events scrapped
- Several US Fed officials concerned over 'stalled' disinflation: minutes
- US tech titans ramp up pressure on EU
- 'Wicked' tops SAG Awards nominations
- Safe from looting, Damascus museum reopens a month after Assad's fall
- Award-winning migrant actor earns visa to stay in France -- as a mechanic
- Celebrities forced to flee Los Angeles blazes
- US tariff and inflation fears rattle global markets
- US private sector hiring undershoots expectations: ADP
- US tariffs unlikely to have 'significant' inflation impact: Fed official
- Lebanon leaders in talks for new bid to elect president
- Antarctic sea ice rebounds from record lows: US scientists
- Can EU stand up to belligerent Big Tech in new Trump era?
- US, Canadian and Australian travellers now face UK entry fee
- Indonesia upholds iPhone 16 sales ban after Apple offers $1 bn investment
- UK's Catherine turns 43 hoping for better year
- OpenAI chief Sam Altman denies sister's sexual abuse accusations
- Germans turn to balcony solar panels to save money
- Samsung warns fourth-quarter profit to miss forecasts
US women's soccer reaches landmark $24 mn settlement in equal pay dispute
The US national women's team has won a $24 million payout and a promise of equal pay going forward in a landmark settlement with US Soccer, the two sides announced Tuesday in a joint statement.
"U.S. Soccer has committed to providing an equal rate of pay going forward for the Women's and Men's National Teams in all friendlies and tournaments, including the World Cup," the terms of the deal, sent to AFP, said.
The agreement stipulates that $22 million will be distributed to the players, while $2 million will go into an account to benefit them "in their post-career goals and charitable efforts related to women's and girl's soccer".
The settlement is contingent on a new collective bargaining agreement, which needs to be ratified before the deal can be finally approved by a court.
The question of World Cup prize money formed a prominent part of the lawsuit filed by the US women's soccer team in 2019, which accused the federation of "stubbornly refusing" to pay its men and women's players equally.
A federal judge had rejected the claim of pay discrimination, but the US women then launched an appeal.
The 2019 lawsuit cited the discrepancy in World Cup prize money payments paid to the two teams in 2014 and 2015.
The US men received $5.375 million for reaching the round of 16 at the 2014 World Cup, while the women received $1.725 million for winning the 2015 tournament.
The USSF had argued that its hands were tied because the prize money is set by FIFA, which awarded $38 million to France for winning the 2018 men's World Cup in Russia, but only $4 million to the American women for winning the 2019 Women's World Cup.
In September last year US Soccer Federation president Cindy Parlow Cone said the body hoped to equalize the World Cup prize money for its players.
In an open letter addressed to fans, she said the gulf in prize money paid out by FIFA was "by far the most challenging issue" facing US Soccer in pay negotiations with men's and women's teams.
A.Leibowitz--CPN