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BIZARRE: 5 - You Need To See This

Sri Lanka Signs Landmark $3.7 Bn Deal With Chinese State Oil Giant

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday.

International Business Times

More alleged Chinese intrusions into the US Treasury revealed

Committee on Foreign Investment in the US targeted as part of the recent incursions.

TechRadar

Chinese hackers target US Treasury computers used for sanctions — Committee on Foreign Investment specifically targeted

Chinese hackers gained access to an unclassified CFIUS system.

Tom’s Hardware

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Nippon Steel-U.S. Steel Merger Poses No National Security Threat

The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.

Reason

US-Japan steel deal goes to Biden for final decision after panel deadlocks

Committee on Foreign Investment in the US fails to agree on national security risks of proposed takeover of US Steel.

Al Jazeera

Trump’s USDA pick could focus on foreign investments in agricultural land - Roll Call

Brooke L. Rollins is poised to tackle foreign investments in U.S. agricultural land if confirmed as Agriculture secretary.

Roll Call

Scottish city named as best for foreign investment outside London

EDINBURGH has been named as the highest-ranking city in the UK outside of London for foreign direct investment (FDI) attractiveness, according to a…

The National (Scotland)

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Edinburgh named UK’s most attractive for foreign investment outside of London

EDINBURGH has been named the most attractive city for foreign investment outside of London in a new report.

The National (Scotland)

EU pledges $96M loan to Cameroon to boost infrastructure

The European Union says it will lend 91 million euros to Cameroon over the next three years to boost the West African country’s infrastructure and attract foreign investment

The Independent UK

Simon Harris says lack of infrastructure could become a ‘drag’ on Ireland’s competitiveness

Irish prime minister speaks of need to overcome housing and infrastructural deficits to maintain foreign investment

The Guardian - UK

Mexico Touts Foreign Investments As IMF Warns About Reforms

President Claudia Sheinbaum trumpeted planned foreign investment in energy, tourism and e-commerce after meeting US business leaders in Mexico City, although it was unclear how much of it was new.

Latin Times

Australia may miss billions in green Chinese investment

Chinese investment in Australia has fallen, despite the nation's growing budget for renewable energy projects in the transition to net zero emissions by 2050.

AAP

Sri Lanka's new leader must balance ties between regional powerhouses India and China

The Marxist lawmaker who won Sri Lanka’s presidency faces a key challenge in how to balance ties with his country’s two most crucial partners, India and China, as he seeks to draw foreign investment and pull the economy out of the doldrums

The Independent UK

In Lebanon, foreign investment soars despite ongoing challenges

Since the onset of the economic crisis in 2019,Lebanon has endured a cascade of severe challenges that have drastically altered the landscape of everyday life for its citizens. The crisis, triggered by a combination of financial mismanagement, political corruption, and a volatile regional environment, has led to unprecedented levels of…

The Conversation

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The Independent UK

U.S. to expand control of land sales to foreigners near 56 additional military sites

New Treasury rulemaking would expand the U.S. Committee on Foreign Investment in the United States’ jurisdiction to review land sales near 56 additional military sites, bringing the overall number to 227

The Canberra Times

Why foreign home buyers are spending their money in Canberra

Foreign property purchases have soared by 80 per cent.

International Business Times UK

PM Modi Wants India To Be A Developed Country By 2047; Analysts Reveal 4 Things He Should Focus On To Be Successful

India's new coalition government aims to boost infrastructure and manufacturing, combat unemployment, and attract foreign investments amidst economic challenges.

The Conversation

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity measured as GDP per hour worked in the UK only rose 4% between 2015 and 2022. The average…

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International Business Times

As Investment Drive Falters, Saudi Milks Aramco 'Cash Cow'

A fresh offering of shares in Saudi Aramco, the Gulf kingdom's largely state-owned oil behemoth, comes at a pivotal moment for sweeping economic reforms that have struggled to lure foreign investment.

The Guardian - AU

PwC to face scrutiny over advice to clients that might allegedly ‘mislead or subvert’ foreign investment review board

ATO discloses concerns that date back to 2019 in response to questions from Greens senator Barbara Pocock

International Business Times

Mexico Aims To Be Big Economic Winner From US-China Tensions

Sparks fly as a laser slices through metal in a factory in Mexico, which is preparing for a wave of foreign investment thanks to heightened tensions between the United States and China.

Top News

Germany Sees Record Foreign Investment In Economy

Germany's record foreign investment levels reflect its stable economy, skilled workforce, and green technology focus.

International Business Times

France Announces 'Record' Foreign Investments Worth 15 Bn Euros

The announcement came as Macron kicked off a day of meetings with foreign business leaders at the Chateau de Versailles, called "Choose France".

France 24

'Choose France' business summit looks to seduce foreign investors

The 7th annual foreign investment summit known as "Choose France" kicks off at Versailles with €15 billion in new projects expected. Also in this edition, China prepares a $140 billion debt float to fund economic stimulus. Plus, hundreds of environmental activists storm Tesla's Gigafactory in Germany.

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