Category: Foreign Investments

Supreme Court Considers Fate of Docks and Other Assets Seized by Cuba in 1960

The New York Times – Business:
Amid rising tensions with Cuba, the Trump administration is backing lawsuits that would allow Americans to get compensation for property confiscated by Fidel Castro’s regime.
Venezuela’s Natural Gas, Not Oil, Might Be a Big Early Prize

The New York Times – Business:
The South American country has natural gas that could be extracted and exported quickly, but U.S. sanctions, which are now being eased, have stymied development.
Sell America Is the New Trade on Wall Street

Investors are increasingly souring on the United States, as illustrated by the declining dollar, the stalled stock market and rising government borrowing costs.
Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall

The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
Venezuelan Lawmakers Approve Sweeping Overhaul of Oil Sector

Bowing to Trump administration pressure, the new legislation improves conditions for foreign oil companies and opens the way to slash the taxes they pay.
I.M.F. Raises Forecast for Global Growth as Tariff Drag Fades

The 3.3 percent rate for 2026 would match last year’s pace. Booming investment in artificial intelligence is buttressing global output.
Trump Vows to Make Venezuela Rich. It Will Take More Than U.S. Cash.

History suggests that the price of oil and a wider distribution of wealth are as important as foreign investment.
Nicolai Tangen Manages Trillions of Dollars, but His Podcast Made Him Famous

Nicolai Tangen wanted to raise the profile of Norway’s $2.1 trillion oil fund and change corporate behavior, but he may have helped embroil it in a geopolitical tangle.
Chevron’s Risky Bet to Stay in Venezuela May Now Give It an Advantage

The second-largest U.S. oil company, which kept pumping oil in the country after others left, could find it relatively easy to expand its operations if the political conditions there improve.
I.M.F. Prods China, Gently, on Its Weak Currency

Caught between Beijing and the Trump administration, the International Monetary Fund offered mild criticism of China for relying too heavily on exports.
RedBird Capital Withdraws Takeover Bid for UK’s Telegraph

The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million.
China’s Control of Rare Earths Has U.S. Scrambling to Find Alternatives

The Trump administration is trying an array of unconventional measures to shore up U.S. rare earths supplies. It remains uncertain whether the strategy will work.