Category: Finance

As Paris hosts the Global AI Summit today and tomorrow, Brookfield, a Canadian investment fund, has announced a €20 billion ($21 billion) investment into France’s data infrastructure by 2030. The funds will be directed towards building data centres crucial for advancing the country’s role in the global AI race. This significant investment aligns with France’s […]

Valentine’s Day often conjures images of chocolates and romance. But the crop behind this indulgence faces an existential threat. Regions like northeastern Brazil, one of the world’s notable cocoa-producing areas, are grappling with increasing aridity – a slow, yet unrelenting drying of the land. Cocoa is made from the beans of the cacao tree, which […]

Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on projects of strategic interest? If President Donald Trump gets his way, then perhaps so. On Feb. 3, 2025, Trump issued an executive order calling for the creation of a U.S. sovereign wealth fund. […]

The global financial landscape has shifted dramatically since the Global Financial Crisis (GFC), with one of the lasting effects being the contraction of bank lending, especially for small and medium-sized businesses (SMEs). Regulatory changes, particularly Basel III, forced banks to maintain more capital for certain types of loans, prompting them to scale back lending to […]

If you live in the Philadelphia or Kansas City metro areas, congratulations: The fact that your city made it to the Super Bowl translates to about $200 extra in your pocket. That’s right – whether the Philadelphia Eagles or the Kansas City Chiefs win the big game on Feb. 9, both cities have scored an […]

A single wind turbine spinning off the U.S. Northeast coast today can power thousands of homes – without the pollution that comes from fossil fuel power plants. A dozen of those turbines together can produce enough electricity for an entire community. The opportunity to tap into such a powerful source of locally produced clean energy […]

Imagine: You’re in charge of marketing for a major automaker, and your biggest competitor just recalled thousands of vehicles. Now customers are worried about the safety of cars like yours. Do you seize the moment and ramp up advertising to steal market share? Or do you pull back on ads, fearing that customers will connect […]

U.S. foreign aid is in disarray. The Trump administration froze most aid disbursements on Jan. 20. According to billionaire Elon Musk, an adviser to President Donald Trump with “special government employee status,” the U.S. Agency for International Development, widely known as USAID, had been shut down as of Feb. 3, 2025. Although the Trump administration […]

On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American trading partners – 25% on goods from Mexico and Canada and 10% on imports from China. His stated reason? To curb illegal immigration and drug trafficking. Both Mexico and Canada managed to buy some […]

If U.S. voters reelected Donald Trump hoping for relief from higher prices, his recent threats to impose tariffs on America’s three largest trade partners might make them think again. On Saturday, Feb. 1, Trump announced 25% tariffs on Canada and Mexico and 10% tariffs on China, which he said would take effect on Tuesday, Feb. […]