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John Textor, an entrepreneur steering his sports investment vision, has unveiled plans to recalibrate his football club portfolio, starting with the sale of his 45% stake in Crystal Palace. His group, Eagle Football, known for its diverse holdings in clubs such as Botafogo, RWD Molenbeek, and Lyon, is exploring new acquisitions. They have a specific […]
China’s 2023 Asia-Pacific Investment Soars, Targets Indonesia
In 2023, China’s investment in the Asia-Pacific region experienced a significant surge of 37%, reaching a total of nearly $20 billion A report from Griffith University and Fudan University highlighted this increase alongside a 14% rise in construction contracts worth $17 billion. This boost contrasts with a 12% fall in foreign direct investment in the […]
Brazil Bolsters Economy with Reserves
Last year, Brazil boosted its international reserves to $355 billion, up 9%. This move strengthens the country’s financial stability, ensuring it can meet international payments. Such security guards against crises are similar to those in the 1980s when Brazil struggled with insolvency. Between 2003 and 2010, the Central Bank reserves soared from $38 billion to […]