Wall Street Business Review In the past decade, the allure of outer space has captured the fascination of not only scientists and enthusiasts, but also the keen interest of enterprises, citizens, and governments worldwide. This burgeoning interest has propelled the space economy into the spotlight, assuming an increasingly vital role in various facets of contemporary…
Author: Juliana Rodriguez, Senior Editor
EU Council Agrees on Fishing Opportunities for 2024
Wall Street Business Review The European Union Council recently reached a significant agreement on fishing opportunities for 2024, covering fish stocks managed by the EU in the Atlantic, Kattegat and Skagerrak, as well as the Mediterranean and the Black Sea. Environment, Oceans, and Fisheries Commissioner Virginijus Sinkevičius emphasized the importance of a balanced and responsible…
Circumventing Sanctions: The Unchecked Rise of Russian Oligarchs
Wall Street Business Review As the European Union grapples with imposing sanctions on Russian businesses, a startling trend emerges. Despite repeated restrictions and a growing number of sanctions, the wealthy elite of Russia seem to find new avenues to evade these measures, resulting in unprecedented financial gains. This troubling reality raises serious concerns about the…
Inflation, Berkshire, Vivendi, China and More
Wall Street Business Review The global financial landscape has been abuzz with significant developments across various sectors. From central bank decisions to major investment moves, here’s a roundup of the latest news making waves in the financial world. World Central Banks Signal Victory Over Inflation Is In Sight [WSJ] The recent decisions by the European…
Milestone in the Fight Against Financial Crime: The Creation of AMLA
Wall Street Business Review In a significant development, the Council and the EU Parliament have reached a provisional agreement on the establishment of the new European authority for countering money laundering and financing of terrorism (AMLA). This groundbreaking authority, a pivotal aspect of the anti-money laundering package, is designed to safeguard the EU’s financial system…
The Ups and Downs of Foreign Investment in Fortenova by UAE Private Investor Saif Alketbi
Wall Street Business Review When Saif Alketbi acquired a significant stake in Fortenova, Croatia’s largest private employer, it was heralded as a momentous foreign direct investment from the Gulf. However, the journey since then has been far from smooth for Mr. Alketbi. His acquisition of a 43% stake in Fortenova and the purchase of SBK…
Senate Investigation Uncovers Private Equity’s Impact on Healthcare
Wall Street Business Review Last week, Senators Sheldon Whitehouse (D-R.I.) and Chuck Grassley (R-Iowa) launched an investigation into the secretive world of private equity and its influence on healthcare, particularly focusing on the impact of financial transactions on patient care in hospitals owned by private equity firms. Private equity investors have heavily invested in healthcare…
The High-Stakes Defamation Trials of Giuliani and Trump
Wall Street Business Review The defamation trials of Rudy Giuliani and Donald Trump have garnered the attention of the nation as they enter court proceedings laden with drama and pivotal legal confrontations. The trials are emblematic of the broader societal and political currents that continue to shape the United States in the wake of a…
U.S. Consumer Inflation, Citadel, Choice Hotel, Bernie Madoff Victims and Crispin Odey
Wall Street Business Review The recent economic landscape has seen fluctuations in consumer inflation and market expectations, coupled with notable developments in the corporate sector. From U.S. consumer inflation to Citadel’s profit returns, the following highlights shed light on the evolving economic conditions. U.S. consumer inflation showed a slight easing last month, primarily attributed to…
Kazakhstan Bolsters Investment Policy to Accelerate Economic Growth
Wall Street Business Review Kazakhstan has taken a significant step in its efforts to attract investments and accelerate economic growth with the signing of a landmark decree by President Kassym-Jomart Tokayev. The decree, initiated on 4 December, empowers the Investment Promotion Council (Investment Headquarters) with unprecedented authority, granting it the power to make binding decisions…