The new G-7 infrastructure plan offers an alternative to China’s Belt and Road

The Group of Seven announced a new infrastructure financing program that could rival China’s Belt and Road Initiative. One expert says the G7 plan offers hope for developing countries, but it remains to be seen whether it can match the Belt and Road Initiative. on Sunday, United States and The other members of the G-7 … Read more

Brookfield’s Mark Carney on the company’s new $15 billion bet on a shift to clean energy

(Click over here To sign up for the Alpha Delivery newsletter.) Brookfield Asset Management announced last week that it had raised a record $15 billion for its inaugural global transition fund. This represents the world’s largest private fund dedicated to the net zero transition, indicating that investors remain committed to creating cleaner portfolios. However, some … Read more

Can media companies survive the recession? Executives say yes

Delegates wait in line at the Cannes Lions International Festival of Creativity, Cannes, France, June 2019 Kan Lions While media managers Meeting with advertising leaders this week Over cups of roses at the annual Cannes Lions International Festival of Creativity, they can’t help but talk about the disconnect between hanging out with celebrities on yachts … Read more

The Russian ruble reached its strongest level in 7 years despite the sanctions

A 1 Russian ruble coin and a Russian flag are displayed on the screen in this multiple exposure illustration taken in Krakow, Poland on March 8, 2022. Jacob Borzeki | Norfoto | Getty Images The Russian ruble hit 52.3 against the dollar on Wednesday, up nearly 1.3% from the previous day and the strongest level … Read more

This is what China’s Alibaba and Queizhou say about the economy

Across the five GMV e-commerce platforms, Alibaba’s market share declined 6% in the first quarter versus the fourth, according to Bernstein’s analysis. Street | Afp | Getty Images Beijing – Ali Baba He was once the poster child for investing in modern China. Now the e-commerce market that fueled its growth is slowing down, while … Read more

Mark Zuckerberg envisions a billion people in the Metaverse region

ID pads CEO Mark Zuckerberg told CNBC’s Jim Cramer on Wednesday that the metaverse could be a huge part of the social network operator’s business in the second half of the decade. “We hope to basically reach out to about a billion people in the metaverse doing hundreds of dollars of commerce, each of them … Read more

What is stagflation and how do you prepare for it?

Runaway inflation has raised fears that the economy is headed toward a return to stagflation, but a group of Wall Street banks such as Goldman Sachs and HSBC believe there are still opportunities for investors to navigate safely against this challenging backdrop. UCG | Getty Images What is stagflation? Stagflation is a term coined in … Read more

Former US ambassador says raising tariffs on China can lower inflation

Former US ambassador David Adelman said removing tariffs on imported Chinese goods would strip 1% of US inflation over time and restore confidence in the economy, which could help President Joe Biden at the ballot box. “Inflation will be the number one issue in the November US midterm elections,” Adelman told CNBC’s “Squawk Box” on … Read more

Singapore imports 90% of its food – how does it deal with inflation?

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and territories. Lauren Isaac | Bloomberg | Getty Images Singapore is known for its wide variety of street foods and local cuisine, but many may not … Read more

The Saudi Electricity Company issues accusations against the investor protection base. How to find a good advisor

Finding a broker or financial advisor you trust can, at times, seem like a daunting task. This is especially true when investors see interesting stories of brokers Flee from the police in an underwater getaway or Faking their deaths in a plane crash. Then there are the notable crooks like Bernie Madoff, who was the … Read more