Abu Dhabi-based technology investor Shorooq Partners reached the initial close of its second private credit fund with backing from regional and Korean investors, underscoring the growing ties between the United Arab Emirates and the Asian nation. from Bloomberg Markets https://ift.tt/YR6vMtN
Israel recalled its ambassadors to Ireland, Norway and Spain after they announced they would recognize a Palestinian state. The co-ordinated moves by the European nations underscores how Israel’s war against Hamas in Gaza is focusing global attention on the issue of statehood for Palestinians and hurting Israel’s relations with the rest of the world. Bloomberg…
Infighting among some of Europe’s largest far-right parties has thrown pre-election campaigning into turmoil, threatening to spoil a parliamentary vote that was supposed to see ultra-conservative groups win major gains. from Bloomberg Politics https://ift.tt/6f9MSyZ
New harrowing footage shows the moment Naama Levy and other women were seized by Hamas gunmen. https://ift.tt/Ywrgydv May 22, 2024 at 10:56PM
Copper fell for a third day as Chinese factories balked at paying record prices, while hawkish comments from Federal Reserve officials also pressured base metals. from Bloomberg Markets https://ift.tt/i3HdREF
Egypt’s central bank will review interest rates for the first time since delivering its biggest—ever hike when authorities devalued the pound in March. Goldman Sachs Group Inc. is the lone outlier predicting a cut. from Bloomberg Markets https://ift.tt/X6QsNK9
Despite US-China tensions, Beijing is looking to woo American tourists to the mainland amid a push to boost its tourism sector. Here are the details from today’s China Brief. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/CpQzDdO
The trial of exiled Chinese billionaire Guo Wengui began this week in New York, where he’s accused of swindling more than $1 billion from investors in a complex fraud scheme that netted him luxuries including a $26 million New Jersey mansion and a $37 million yacht. from Bloomberg Politics https://ift.tt/NDmrzaU
The Justice Department and a group of states plan to sue Live Nation, alleging it has used its ticketing monopoly to suppress competition and should be broken up. https://www.wsj.com/business/media/live-nation-antitrust-lawsuit-breakup-34f9e643
An American president will host a state visit for an African leader for the first time in 16 years, as the world’s biggest economy struggles to build influence on a continent forging closer relations beyond Washington’s top competitors China and Russia. from Bloomberg Politics https://ift.tt/aFBLyZj