Aberdeen’s Athey Says U.S. Dollar Is Oversold

Simone Biles' bid for a record six gold medals at the Tokyo Games ended abruptly on Tuesday (July 27) when she dropped out of the women's team final after one vault and watched as the United States surrendered their title to Russia. It was a stunning and disappointing start to the Olympics for the U.S. women, who had expected to dominate the final as they had not been beaten in a major team competition since 2011. But the entire event was turned on its head in an instant when Biles, the world and Olympic all-around champion, completely mistimed her opening vault to earn a low score of 13.766.

Roger Federer will miss the upcoming U.S. Open and be sidelined for many months because he needs more knee surgery, an operation that the Swiss great said on Sunday will give him a "glimmer of hope" that he can resume his glittering career.

The United States Tennis Association (USTA) announced a mental health initiative for players on Tuesday, with the main draw of the U.S. Open kicking off next week.

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Here are a few reasons to pick up a copy of The Guardian on Wednesday. Find these stories and much more when you grab a copy of The Guardian on Wednesday.⁣⁣⁣⁣

Experts question whether Google's planned $1 billion investment in Africa stands to benefit the continent in the long term. Instead, some see it as another avenue for big tech companies to acquire budding start-ups.

A long line people form at the New York airport on the day the United States eased restrictions.

Turkey's lira sunk to a new low against the US dollar on Tuesday. As the lira continues to tank, the Turkish working class suffer the brunt of the inflation.

The Turkish lira hit new lows against the US dollar and euro. Analysts place the blame on the low interest rates and the cheap money policies preferred by President Recep Tayyip Erdogan.

In Montenegro, the construction of a motorway to open up the Balkan nation – a project launched in 2014 – is now more than two years behind schedule. With its high environmental and financial costs (more than $1 billion), this pharaonic project has dangerously increased the debt of the country of 600,000 inhabitants. FRANCE 24 investigates. The work is being financed by a Chinese bank and largely carried out by a Chinese state-owned company and a local firm close to the previous government, which signed the deal. But if Montenegro defaults on its loan, the contract stipulates that the country must relinquish sovereignty over certain parts of its territory. This burden on the country’s new government has aggravated the strong suspicions of corruption around the building site.

The United States reported nearly 1 million new coronavirus infections on Monday, the highest daily tally of any country in the world and nearly double the previous U.S. peak set a week ago as the spread of the Omicron variant showed no signs of slowing.

San Francisco-born Eileen Gu, who lifted the host country to the top of the medals table at the Beijing Olympics with a freeski Big Air gold on Tuesday, remained evasive on whether she was still holding an American passport.