A silent revolution in sovereign finance

[ad_1] In a world beset by crises, one is not getting nearly enough attention: the sovereign-debt emergency faced by half of the world’s emerging and developing economies. Fortunately, a new innovation in…

Philippine president faces ‘make or break’ test with sovereign wealth fund

[ad_1] During a breakfast meeting at the World Economic Forum in Davos in January, Philippine president Ferdinand Marcos Jr told corporate executives about the reserves his heavily indebted country has…

UK drops plan to tax sovereign wealth funds

[ad_1] London: British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth funds investing in Britain, according to a government document. The report, detailing the measures in…

Saudi sovereign wealth fund near $35 billion deal for Boeing jets, WSJ says

[ad_1] March 11 (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) is close to a deal to order Boeing commercial jets for the fleet of a new national airline, the…

Saudi Crown Prince Tangles With Sovereign Wealth Fund Over How to Invest Oil Riches

[ad_1] As the Covid-19 pandemic sent global markets swooning in early 2020, Saudi Arabia’s Crown Prince Mohammed bin Salman, sensing opportunity, pressed the country’s sovereign-wealth fund to go on an…