EU countries seek urgent plan B to fund Ukraine – POLITICO

EU countries seek urgent plan B to fund Ukraine – POLITICO

European officials suggested Donald Trump’s new peace drive could help solidify support for the plan to use the frozen funds for a reparations loan. The cash would only become repayable to Moscow in the unlikely future scenario that Russia agrees to pay war damages, under the plan. EU diplomats expect European Commission President Ursula von der … Read more

Should the US fund health insurance or leave it to the market? | Business and Economy

Should the US fund health insurance or leave it to the market? | Business and Economy

Health insurance has once again become a battleground in US politics. With costs rising and government subsidies under pressure, Republicans and Democrats remain sharply divided over how much the government should pay for health insurance and how much should be left to market forces. Supporters of public investment say broader coverage strengthens the economy and … Read more

Norway oil fund sells out of a fifth of Israeli firms amid fierce criticism – Financial Times

Norway oil fund sells out of a fifth of Israeli firms amid fierce criticism – Financial Times

Norway oil fund sells out of a fifth of Israeli firms amid fierce criticism  Financial Times Norway’s $1.9 Trillion Wealth Fund Sells Off Israeli Assets  Bloomberg.com Norway wealth fund terminates Israel asset management contracts  Reuters World’s largest wealth fund rolls back Israeli investments over West Bank, Gaza concerns  The Times of Israel Orsted shares plunge 30% as global trade … Read more

As aid piles, Gaza Humanitarian Fund offers to deliver UN food for free

As aid piles, Gaza Humanitarian Fund offers to deliver UN food for free

As aid piles, Gaza Humanitarian Fund offers to deliver UN food for free | The Jerusalem Post Jerusalem Post/Middle East The offer comes as international organizations, including the UN, warn of growing hunger in the Palestinian enclave.  Empty UNRWA and World Food Program trucks head to the Kerem Shalom crossing to collect limited humanitarian aid … Read more

Qatar’s sovereign wealth fund takes a stake in Audi’s future F1 team

Qatar’s sovereign wealth fund takes a stake in Audi’s future F1 team

Qatar Investment Authority has announced it will be a ‘long-term investor and partner’ to Audi’s F1 team from 2026. The sovereign wealth fund of Qatar is acquiring a “significant minority stake” in what will become Audi’s Formula 1 works team from 2026, in a deal announced Friday before the Qatar Grand Prix. A joint statement said … Read more

EU proposes €1.5 billion defense fund boost – DW – 03/05/2024

EU proposes €1.5 billion defense fund boost – DW – 03/05/2024

03/05/2024March 5, 2024 Russian warship destroyed in Black Sea, Ukraine’s military says The Ukrainian armed forces claimed on Tuesday to have destroyed a Russian warship close to the Crimean peninsula, which was illegally annexed by Russia in 2014. Military spokesman Andriy Yusov said the “Sergey Kotov,” a “Project 22160” class Russian patrol boat, had been … Read more

OpenAI’s Sam Altman seeking trillions to fund chips for AI, report says

OpenAI’s Sam Altman seeking trillions to fund chips for AI, report says

Altman has discussed ‘wildly ambitious’ plans with investors, including the United Arab Emirates government, the WSJ says. OpenAI CEO Sam Altman is seeking to raise trillions of dollars from investors, including the United Arab Emirates government, to boost the world’s capacity to produce advanced chips and power artificial intelligence, The Wall Street Journal has reported. … Read more

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