By Steve Douglas in Al Rayyan
AL RAYYAN, Qatar (AP) — Thibaut Courtois saved an early penalty and Michy Batshuayi scored the only goal to give Belgium a 1-0 win over Canada at the World Cup on Wednesday, spoiling the North American team’s return to the tournament after 36 years.
The Canadians have yet to collect a point or even score a goal in four World Cup matches, which includes the three games from their debut in 1986.
Still, they outplayed second-ranked Belgium at times at Ahmad Bin Ali Stadium, with Alphonso Davies — the star of Canada’s team — squandering the best chance when his penalty was blocked by Courtois.
With Eden Hazard ineffective and Kevin De Bruyne’s passing unusually awry, Belgium often relied on the long ball from the back and that tactic led to the 44th-minute goal. Center back Toby Alderweireld split the defense with his pass and Batshuayi ran through to guide a left-footed finish into the far corner.
Batshuayi was only playing because first-choice striker Romelu Lukaku was injured and could potentially miss the entire group stage.
Canada had 21 shots compared to the nine of Belgium, whose well-established team filled with veterans was far from convincing.
There were six players in their 30s in the starting lineup, four of them having accrued more than 100 international appearances. Courtois and De Bruyne might reach three figures at this World Cup, in what looks like being a last hurrah for this group of players often described as a “golden generation.”
The absence of Lukaku — a prolific scorer and big presence up front — is a huge blow to coach Roberto Martinez, with Batshuayi failing to impress aside from his well-taken goal.
Indeed, all the best moves came from a mobile and attacking Canada team in front of their loud, Maple Leaf-waving fans.
Davies stood out with his driving runs from left back while captain Atiba Hutchinson, at the age of 39, became the oldest outfield player to start a World Cup match.
They had 14 shots in the first half alone, the most by a team at the World Cup without scoring in 16 years.
AP World Cup coverage: https://apnews.com/hub/world-cup and https://twitter.com/AP_Sports
TC Energy shuts down Keystone pipeline system after leak in Nebraska
CALGARY — TC Energy Corp. says it has shut down its Keystone pipeline after a leak in Nebraska.
The company says it has mobilized people and equipment in response to a confirmed release of oil into a creek, about 32 kilometres south of Steele City, Neb.
TC Energy says an emergency shutdown and response was initiated Wednesday night after a pressure drop in the system was detected.
It says the affected segment of the pipeline has been isolated and booms have been deployed to prevent the leaked oil from moving downstream.
The Keystone pipeline system stretches 4,324 kilometres and helps move Canadian and U.S. crude oil to markets around North America.
TC Energy says the system remains shutdown as its crews respond and work to contain and recover the oil.
This report by The Canadian Press was first published Dec. 8, 2022.
Companies in this story: (TSX:TRP)
The Canadian Press
Experts raise concerns as Nigeria limits cash withdrawals
By Chinedu Asadu in Abuja
ABUJA, Nigeria (AP) — Experts on Wednesday raised concerns over a new policy announced by the Central Bank of Nigeria that heavily limits withdrawals of money in a push for a cashless economy.
The monetary policy, which applies to ATMs, banks and cash back from purchases, follows the launch of the West African nation’s newly designed currency notes to control the money supply.
The central bank limited weekly over-the-counter cash withdrawals to 100,000 naira ($225) for individuals and 500,000 naira ($1,124) for corporations, with a processing fee required to access more.
When the policy takes effect in Jan. 9, ATMs will no longer dispense Nigeria’s high denominations of 1,000 naira ($2.25) and 500 naira ($1.10) while withdrawals from ATMs and point-of-sale terminals also will be limited to 20,000 naira ($45) daily.
“In compelling circumstances, not exceeding once a month, where cash withdrawals above the prescribed limits are required for legitimate purposes, such cash withdrawals shall not exceed 5,000,000 naira ($11,236) and 10,000,000 naira ($22,471) for individuals and corporations, respectively,” said Haruna Mustafa, the bank’s director of banking supervision.
Policymakers say the withdrawal limits and recent monetary initiatives from the central bank would bring more people into the banking system and curb currency hoarding, illicit flows and inflation.
But analysts worry that with digital payments often unreliable in Nigeria, the initiative could hurt daily transactions that people and businesses make.
“The policy is intended to cause discomfort, to move you from cash to cashless because they (the central bank) have said they want to make it uncomfortable and expensive for you to hold cash,” economic analyst Kalu Aja said.
“That is a positive for the CBN (because) the more discomforting they are able to achieve, the more people can move,” Aja said.
In Nigeria, the majority of people work in the informal sector — mainly activities outside of the legal framework and government regulation such as farming, street and market trade, and public transport. The economy is heavily dependent on this sector, and cash is usually preferred for transactions because many lack bank accounts.
Only 45% of adults in Nigeria have accounts with regulated financial institutions, according to the World Bank. In the absence of bank accounts, point-of-sale terminals have emerged as one of the fastest-growing areas of financial inclusion in the country.
Through the withdrawal limits, the central bank is “directly attacking” such agency banking services and “people will essentially begin to hoard their money,” said Tunde Ajileye, a partner at Lagos–based SBM Intelligence firm.
“It is not going to drive people to start to try doing electronic transactions. On the contrary, it is going to move people away from the financial institutions,” he said.
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