European Investment Fund defends past support for spyware-linked Paragon
The European Investment Fund has defended a past investment that indirectly reached Israeli company Paragon Solutions, after renewed scrutiny over spyware use against journalists and civil society figures.The fund said the financing met its eligibility criteria.Gauthier Monjanel, an adviser to the fund's chief executive, told lawmakers in the European Parliament's civil liberties committee on Thursday that the EIF continues to support cyber security because it sees it as important for protecting citizens.He said the company had developed lawful interception technology focused on law enforcement.Monjanel added that any illegal use of the technology remains unacceptable.The comments came after reporting linked the... [Continue Reading]
360LiveNews | 07 May 2026 17:00 LONDON
China investment in Brazil reaches US$6.1bn, report says
Chinese companies invested US$6.1bn in Brazil in 2025, making the country Beijing's top destination for overseas investment, according to a report cited on Thursday.The figure was up 45% from the previous year and far outpaced the 4.8% rise in total foreign investment into Brazil.It also exceeded the 1.3% growth in China's worldwide outbound flows.The report said Brazil accounted for 10.9% of all Chinese overseas capital, ahead of the US at 6.8%.Chinese miners, carmakers and technology firms were active across 20 Brazilian states.The findings matter because they point to a broader shift in Chinese capital towards sectors such as mining, manufacturing... [Continue Reading]
360LiveNews | 07 May 2026 16:06 LONDON
EU trade chief says China investment deal should remain frozen
Outgoing European Commission trade official Sabine Weyand has said the EU's 2020 investment agreement with China is obsolete and should remain in the "deep freezer".Weyand made the remarks as Brussels weighs possible action on what she described as "macroeconomic imbalances" linked to the impact of China's economic model on the rest of the world.She said the agreement should not be revived, and quoted former competition chief Margrethe Vestager as saying that if something has been in the deep freezer for a long time, it should not be taken out and served again.The comments matter because they point to a firmer... [Continue Reading]
360LiveNews | 07 May 2026 08:01 LONDON
Alexandria precious metals firm operator sentenced to over four years for fraud
Warith Deen Muhammad, 39, the owner and operator of an Alexandria-based precious metals investment firm, was sentenced today to four years and two months in prison. The sentence was imposed for wire fraud and violating the Travel Act. The source does not provide additional case facts, including any loss amount, the number of victims, or the duration of the conduct. Muhammad is identified only as the operator of the Alexandria-based firm and the subject of the sentencing. No other individuals, agencies, or co-defendants are named in the source text. The report reflects a completed criminal sentencing tied to fraud-related offenses.... [Continue Reading]
Breaking-360LiveNews | 06 May 2026 21:02 LONDON
EU auditors warn recovery fund transparency is too weak to track spending
The European Court of Auditors has warned that the EU's €577bn pandemic recovery fund has major transparency gaps, making it difficult to see where the money ended up and what it achieved.In a report published on Wednesday, the auditors said the Recovery and Resilience Facility, launched in 2021, was meant to support rebuilding after Covid with a focus on green and digital investment.By January 2026, €577bn of the €723.8bn pot had been committed.The court said member states are not required to publish actual amounts spent on individual measures, and only have to list the 100 largest recipients of the funding.It... [Continue Reading]
360LiveNews | 06 May 2026 17:00 LONDON
UAE says industrial FDI reached 251 projects worth nearly US$33 billion
ABU DHABI, 6 May 2026 , The UAE Minister of Investment said the country attracted approximately 251 foreign direct investment projects in its industrial sector between 2015 and 2024, with total capital commitments of nearly US$33 billion. Mohamed Hassan Alsuwaidi said those projects generated more than 38,000 jobs. He described the figures as evidence of growing investor confidence in the UAE's industrial capabilities. Speaking to Emirates News Agency (WAM) on the sidelines of the "Make it in the Emirates 2026" event, Alsuwaidi said manufacturing has become the fifth-largest recipient of foreign direct investment in the UAE. He said the sector... [Continue Reading]
Breaking-360LiveNews | 06 May 2026 16:00 LONDON
Met Police deploys 100-officer team after attacks on Jewish sites in London
London's Metropolitan Police is deploying a dedicated 100-officer Community Protection Team after a series of attacks on Jewish sites and a double stabbing in Golders Green that is being treated as terrorism.The force said the new team will include officers from neighbourhood policing, specialist protection and counter-terrorism capabilities.It said the officers will be locally based and work closely with residents, schools, faith leaders and volunteers.The announcement comes after about 50 people were arrested and eight charged in recent weeks over antisemitic hate crimes in London, according to the force.Those incidents included attacks on synagogues, a Jewish ambulance charity and a... [Continue Reading]
360LiveNews | 06 May 2026 10:30 LONDON
Senate Finance Committee Investigates Tax Avoidance by Wealthy Americans Using Puerto Rico Incentives
The Senate Finance Committee has reported that wealthy Americans are exploiting tax breaks in Puerto Rico to avoid paying taxes owed prior to their relocation.This investigation highlights how some individuals are using Puerto Rico's tax incentives to reduce their overall tax liabilities.According to the committee's findings, these tax avoidance strategies involve writing off taxes that were due before moving to Puerto Rico.The report indicates that lawyers have assisted clients in navigating these tax breaks to minimize their financial obligations.No specific figures on the amount of taxes avoided or the number of individuals involved have been disclosed.The committee's report underscores concerns... [Continue Reading]
360LiveNews | 30 Apr 2026 21:00 LONDON
There Is Good in Every Bad
Power, Greed, Oil, and the Theater of Modern Geopolitics The Business Model of Power Donald Trump does not govern like a traditional politician. He governs like a negotiator who believes every geopolitical crisis is leverage, every war threat is a bargaining chip, and every market panic is an opportunity. When markets tremble, someone profits. The question is, who? Global markets react instantly to political tension. Gold rises when conflict looms. Oil spikes when instability threatens production. Stock markets collapse on fear, then rebound on reassurance. Volatility is not chaos, it is opportunity. Historically, gold has surged during major geopolitical crises,... [Continue Reading]
360LiveNews-Opinion | 18 Feb 2026 17:11 LONDON
