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Football legend Cristiano Ronaldo has officially become a shareholder of the Spanish football club UD Almería, acquiring a 25% stake in the team. According to Associated Press, the transaction was completed via his subsidiary, CR7 Sports Investments. While Saudi investor Mohamed Al-Khureiji remains the majority owner, Ronaldo’s entry marks a significant strategic boost for the club. Almería is currently competing in Spain's second-tier league, Segunda División, holding the third position in the standings. This investment highlights the 41-year-old Al-Nassr forward's expanding business portfolio within the global sports industry.
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Facing a record drop in fertility rates, Singapore is significantly expanding its family support framework. According to Bloomberg, Prime Minister Lawrence Wong announced increases in direct financial assistance alongside enhanced housing benefits for young families.
Under the updated policy, every Singaporean child up to the age of 17 will be eligible to receive up to 70,000 Singapore dollars (approximately $55,000 USD) in total support, which includes cash payouts, educational grants, and related benefits. The government is also expanding paid parental leave and capping monthly out-of-pocket costs for government-subsidized childcare at 150 Singapore dollars.
These interventions aim to reverse a severe demographic decline, marked by last year's fertility rate drop to 0.87 children per woman, while over 20% of the country's population is currently aged 65 or older.
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