US President Donald Trump has denied reports suggesting the establishment of a $300 billion investment fund as part of a deal to settle the conflict between the US and Iran. Trump stated the reports are "false" and that the US is not investing in any such fund.
A framework agreement between the US and Iran reportedly includes a $300 billion private investment fund, with over half secured by investors from various global regions. The fund aims to incentivize a final deal, focusing on energy, logistics, manufacturing, and transportation, and will operate post-agreement, contingent on Iran dismantling its nuclear program.
Un accord-cadre entre les États-Unis et l'Iran pourrait inclure un fonds d'investissement privé de 300 milliards de dollars pour soutenir l'économie iranienne. Ce fonds, distinct des sanctions, serait conditionné à un accord final et impliquerait des entreprises mondiales.
The US and Iran are reportedly close to signing a memorandum of understanding in Switzerland that could establish a $300 billion investment fund for Iran. This deal aims to end a war, resolve a global energy crisis, and potentially unfreeze Iranian assets, though details and public perception remain contentious.
South Korea's M2 money supply increased by 0.6% in April to an average of 4,153.9 trillion won, driven by rising short-term deposits and funds awaiting investment amid a stock market rally, according to the Bank of Korea.
Spanish officials are downplaying concerns that investors could seize Royal Spanish Football Federation assets during World Cup matches in the US. Blasket Renewable Investments LLC issued subpoenas to entities involved in Spain's participation, seeking documents related to a 2013 dispute over renewable energy subsidies.
경남도는 지난해 결성한 원전산업 투자펀드가 지역 대표 에너지기업 범한메카텍에 100억원을 처음으로 투자한다고 11일 밝혔다. 펀드는 한국수력원자력, 산업은행, 경남도가 조성했으며, 범한메카텍은 이 자금으로 기술 개발 및 SMR 설비 구축에 나선다.
Vladimir Evtushenkov, founder of Sistema Holding, stated that Russia-Saudi relations have transformed from "rock bottom" a decade ago to a solid foundation of trust, highlighting Crown Prince Mohammed bin Salman Al Saud's visit to Russia as a turning point.
Kirill Dmitriev, head of the Russian Direct Investment Fund, stated that Nord Stream gas pipelines can be restored, citing "sensible politicians" in Europe and the AfD party's stance. He also claimed energy prices in Germany rose 30-40% due to the rejection of Russian energy, leading to de-industrialization.
Russian envoy Kirill Dmitriev stated at SPIEF that the OPEC+ deal has been crucial for attracting significant investments into the energy sector, a level of investment that likely wouldn't have been achieved without the agreement.
Kirill Dmitriev, head of Russia's Direct Investment Fund, spoke with US Special Envoy Steve Witkoff and Jared Kushner about joint economic projects and promoting peace with Ukraine. The US reportedly urges Ukraine to pursue peace.
German MP Markus Frohnmaier met with Kirill Dmitriev, head of the Russian Direct Investment Fund, at the SPIEF economic forum. They discussed resuming business dialogue between Russia, Germany, and the US, and the importance of peaceful dialogue for conflict resolution.
Russian Presidential Envoy Kirill Dmitriev met with AfD Deputy Chairman Markus Frohnmaier to discuss restarting business dialogue between Russia, Germany, and the US. Dmitriev expressed optimism about future cooperation with the AfD.
EasyJet's share price rose only 10% on a takeover approach from US fund Castlelake, prompting skepticism. Key factors for a potential deal include valuation, European ownership rules, and the stance of founder Sir Stelios Haji-Ioannou.
UK Chancellor Rachel Reeves is exploring public-private partnerships to fund new town developments in England, engaging with major banks and investment funds. This initiative aims to accelerate infrastructure projects, learning from past models like PFI and utilizing frameworks such as RAB.
Cyannova Capital, a New York-based investment firm, launched its inaugural fund, Cyannova Capital, LP, at a Hong Kong reception. The fund targets high-growth sectors like AI and renewable energy, and announced a strategic cooperation with Butong Group.
Guangdong Province launched its strategic emerging industries investment fund with a total scale of 100 billion yuan, aiming to guide and leverage various capital sources to build a trillion-level industrial investment fund cluster and boost the province's modern industrial system.
South Korea's financial regulator has launched a new investment fund offering tax breaks and loss coverage to the public, aiming to raise over 600 billion won ($397 million) for strategic sectors like AI, batteries, and biotech.
LIV Golf is reportedly planning a post-Saudi PIF future, including player equity, a 10-event league, and seeking $350M in new investment. Sources deny bankruptcy rumors, citing significant player interest.
RDIF CEO Kirill Dmitriev stated that Russia-China investment cooperation is crucial for global partnership, prosperity, and security, with RDIF having invested in over 50 projects with Chinese partners. This comes as President Putin begins a two-day visit to China.
Kirill Dmitriev, Russian President's Special Representative, stated that the recent 30-day extension of sanctions relief on Russian oil is a positive signal for global energy markets and proves Russia's essential role in global energy security.
LIV in race against time to survive without PIF fundingMcIlroy: ‘I was hearing about this in March, April time’Rory McIlroy has revealed he heard rumblings of impending trouble for LIV Golf weeks before the Saudi Arabian Public Investment Fund confirmed it would withdraw funding for the circuit. The Masters champion believes the PIF approach highlights the danger of sport becoming reliant on anything that can be affected by world affairs.LIV is engaged in a race against time to survive with the PIF, which has bestowed more than $5bn on the tour, to exit at the end of 2026. News of that, which emerged in the immediate aftermath of McIlroy’s successful defence at Augusta National last month, shocked even those within LIV but not the Northern Irishman. Continue reading...
The head of the Russian Direct Investment Fund commented on a publication about European leaders facing unprecedented unpopularity
US star is still on rebel tour but the desired focus on teams is not something that is catching on with supportersMoments before Bryson DeChambeau teed off to open LIV Golf’s first American tournament of the year, at Trump National Golf Club in Sterling, Virginia, the public address announcer bellowed “Long! LIV! Golf!” to try and electrify a modest crowd by the first tee.The irony wasn’t lost on the devoted group who skirted work and school to enjoy a sunny afternoon just 40 miles outside Washington DC: this was the first tournament since the Saudi Arabia Public Investment Fund confirmed it would no longer fund the outfit that it once imagined as the world’s premier collection of professional golfers. Before that news was finalized, the league postponed a tournament scheduled to take place in New Orleans at the end of June. Continue reading...
