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799 results for “sovereignweb”

  1. Norway has been stacking bitcoin exposure via MicroStrategy stock

    Norwegian sovereign wealth fund, Norges Bank Investment Management, also known as Norway’s Government Pension Fund Global, has been allocating a significant amount of its 18 trillion Krone ($1.7 trillion) to #MicroStrategy, Michael Saylor’s leveraged bitcoin holding company

    protos.com/norway-has-been-sta

    #Norway #bitcoin #pension #crypto #MSTR #SovereignWealth

  2. "It appears to be a payoff": Expert says #Kushner's #Saudi cash an "egregious" national security worry

    Senate Finance Committee Chairman Ron Wyden is investigating Saudi support for #JaredKushner's private equity firm

    By Charles R. Davis
    June 12, 2024

    "As The New York Times reported in April, Kushner’s investment fund, valued at $3 billion, 'is financed almost entirely from overseas investors with whom he worked when he served as a senior adviser in the Trump White House.'

    "Some two-thirds of that money has come from #SaudiArabia’s state-run Public Investment Fund, whose own advisers deemed Kushner’s fund 'unsatisfactory in all aspects' only to be overruled by a board that includes Crown Prince Mohammed bin Salman, the man who ordered the killing of U.S.-Saudi journalist #JamalKhashoggi when Trump was in office and who Kushner today describes as a 'visionary leader.' The other third? Much of it reportedly comes from other #SovereignWealthFunds run by the likes of #Qatar and the #UnitedArabEmirates.

    "That arrangement — Kusner receiving billions of dollars from friends he made as a government employee — has attracted scrutiny from Democrats and watchdog groups, who suspect that Charles Kushner’s son (turned #Ivanka #Trump’s husband) might be doing so well for reasons that are not entirely above board."

    salon.com/2024/06/12/it-appear

    #PowerCorruptionAndLies #Oiligarchy #Oligarchy #EatTheRich

  3. #Gas extraction is often lauded by the industry as the ‘backbone of the Australian economy’, but the actual revenue collected from one of the main taxes on the industry - the Petroleum Resource Rent Tax - falls staggeringly short of what most people would expect. #fossilfuels #PRRT #Sovereignwealthfunds #auspol

    youtube.com/watch?v=fOo2m2vPyK

  4. Australia once self-identified as the "clever country".

    That phrase has completely disappeared. Today we tracked down the exact moment the phrase vanished from the national consciousness…

    It was the day we voted in #TonyAbbott as PM over Kevin Rudd.

    #KevinRuddCoup #KevinRudd #cleverCountry #australia #auspol #smearCampaigns #NBN #sovereignWealthFund #miningTax #rupertMurdoch #foreignMeddling

  5. @guacamayan
    @Atticus1956

    (1/2)

    All I am saying is that if two small bank collapses (#SVB, #FirstRepublic, (1)) and a bigger one averted (#CreditSuisse (2)) on another continent can cause a ripple effect in the international banking system, the impact of a #SovereignDebt default by the world's leading economy would probably be comparable to the impact of a #meteor.(3)

    Lawmakers don't...

  6. #China leading #US in #technology race in all but a few fields, thinktank finds | China | #TheGuardian

    "The #institute also called for #democracies to establish large #SovereignWealthFunds for #research, #development and #innovation in critical technology that they add to each year. It suggests allocating 0.5% to 0.7% of gross national income, with co-investment from #industry."

    theguardian.com/world/2023/mar

  7. Before #KevinRudd was destroyed in the #corporateMedia and removed, he setup a National #insulationScheme that helped #Australia save 30% on #airConditioning!

    Not even #USA have worked that one out yet, last we checked.

    To be fair KevinRudd wanted a few things the corporates hated; good wired internet for all, sound relations with #China , a #sovereignWealthFund from #mining, and was good on #JulianAssange.

    Since the #KRuddCoup we've been, to quote Gillard, "#LosingOurWay", big time.

  8. Before #KevinRudd was destroyed in the #corporateMedia and removed, he setup a National #insulationScheme that helped #Australia save 30% on #airConditioning!

    Not even #USA have worked that one out yet, last we checked.

    To be fair KevinRudd wanted a few things the corporates hated; good wired internet for all, sound relations with #China , a #sovereignWealthFund from #mining, and was good on #JulianAssange.

    Since the #KRuddCoup we've been, to quote Gillard, "#LosingOurWay", big time.

  9. Australia once self-identified as the "clever country".

    That phrase has completely disappeared. Today we tracked down the exact moment the phrase vanished from the national consciousness…

    It was the day we voted in #TonyAbbott as PM over Kevin Rudd.

    #KevinRuddCoup #KevinRudd #cleverCountry #australia #auspol #smearCampaigns #NBN #sovereignWealthFund #miningTax #rupertMurdoch #foreignMeddling

  10. Australia once self-identified as the "clever country".

    That phrase has completely disappeared. Today we tracked down the exact moment the phrase vanished from the national consciousness…

    It was the day we voted in #TonyAbbott as PM over Kevin Rudd.

    #KevinRuddCoup #KevinRudd #cleverCountry #australia #auspol #smearCampaigns #NBN #sovereignWealthFund #miningTax #rupertMurdoch #foreignMeddling

  11. @guacamayan
    @Atticus1956

    (1/2)

    All I am saying is that if two small bank collapses (#SVB, #FirstRepublic, (1)) and a bigger one averted (#CreditSuisse (2)) on another continent can cause a ripple effect in the international banking system, the impact of a #SovereignDebt default by the world's leading economy would probably be comparable to the impact of a #meteor.(3)

    Lawmakers don't...

  12. @guacamayan
    @Atticus1956

    (1/2)

    All I am saying is that if two small bank collapses (#SVB, #FirstRepublic, (1)) and a bigger one averted (#CreditSuisse (2)) on another continent can cause a ripple effect in the international banking system, the impact of a #SovereignDebt default by the world's leading economy would probably be comparable to the impact of a #meteor.(3)

    Lawmakers don't...

  13. @guacamayan
    @Atticus1956

    (1/2)

    All I am saying is that if two small bank collapses (#SVB, #FirstRepublic, (1)) and a bigger one averted (#CreditSuisse (2)) on another continent can cause a ripple effect in the international banking system, the impact of a #SovereignDebt default by the world's leading economy would probably be comparable to the impact of a #meteor.(3)

    Lawmakers don't...

  14. Apollo Names Japan Ex-GPIF CIO as Asia-Pacific Head for Growth

    Apollo Global Management recruited Eiji Ueda, former chief investment officer of one of the world’s largest pensions, to lead its expanding Asia-Pacific bus…
    #Japan #JP #JapanNews #collectiveinvestmentschemes #commerciallending #creditmarkets #depreciation #investmentadvisers #news #non-U.S.pensionplans #Reinsurance #sovereignwealthfunds
    alojapan.com/1393134/apollo-na

  15. Norway taxes its oil wealth heavily, owns a share of production, and invests the proceeds for future generations. Australia, by contrast, practically gives its resources away.
    The ABC story notes the contrast — but misses the deeper rot: our tax system was designed by and for the resource giants. The PRRT barely touches gas profits, and the Minerals Resource Rent Tax was killed off by mining lobbyists and their political mouthpieces. The result? Billions in exports, next to nothing returned to the public.
    Norway treats its resources as a national inheritance; Australia treats them as a private loot. Offshore LNG producers have paid almost no PRRT, iron ore and coal escape rent taxes altogether, and companies exploit endless deductions to avoid paying their share. The so-called “reform” talk is theatre — the same oligarchs who own the mines own the media, shaping the story to make looting sound like patriotism.
    Every tonne extracted should fund schools, hospitals and the energy transition, not private jets and political donations. Until we have a national resource rent tax and a sovereign wealth fund that captures super-profits for the public, we’ll keep being a quarry masquerading as a country.

    #taxjustice #australia #resources #inequality #climate #auspol #PRRT #fossilfuels #gascartel #sovereignWealthFund

    abc.net.au/news/2025-11-05/les