ISC sale sparks criticism over Sask. government's long-term investment plan
The decision to sell the province's shares in the profitable company drew criticism from the Opposition; an economist says the government "replaced a flow of revenue with an asset."
https://www.cbc.ca/news/canada/saskatchewan/sask-information-services-corp-sale-debate-investment-plan-9.7206431?cmp=rss
Shipping more goods on the Great Lakes could mean fewer trucks on Ontario roads, expert says
As political and business leaders push for more cargo movement across the Great Lakes, one expert says shifting freight from highways to waterways could ease truck congestion in Hamilton and lower emissions, but only if governments and industry make major investments first.
https://www.cbc.ca/news/canada/hamilton/marine-shipping-great-lakes-trucks-off-road-9.7200114?cmp=rss
$110M government injection could create up to 120 aerospace jobs on P.E.I.
Ottawa and P.E.I. will together spend $110 million to expand an aerospace facility near Summerside.
https://www.cbc.ca/news/canada/prince-edward-island/pei-aerospace-expansion-9.7198301?cmp=rss

Middle Class Power: The Truth About Who Really Builds America

Teachers, workers, and public servants power America. This video dismantles Wall Street mythology and calls on the middle class to assert its true value.

#EconomicJustice #governmentInvestment #incomeInequality #Labor #middleClass #progressiveEconomics #Teachers #WallStreet #wealthInequality https://wp.me/p1OjMZ-ovi
South Korea will invest over $1.1 billion to secure advanced GPUs and launch the ‘K-Nvidia’ project, aiming to lead global AI semiconductor and bio technology innovation amid intensifying US-China tech rivalry.
#YonhapInfomax #AdvancedGPU #KNvidia #AISemiconductor #BioFoundationModel #GovernmentInvestment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96086
Government to Ramp Up Support for Advanced GPUs—Aims to Foster ‘K-Nvidia’ (Comprehensive)

South Korea will invest over $1.1 billion to secure advanced GPUs and launch the ‘K-Nvidia’ project, aiming to lead global AI semiconductor and bio technology innovation amid intensifying US-China tech rivalry.

Yonhap Infomax
President Lee Jae-myung has directed a review of a government investment agency system to manage mega-scale investments in sectors like AI, citing the private sector's limited capacity to handle such large projects.
#YonhapInfomax #PresidentLee #GovernmentInvestment #ArtificialIntelligence #MegaScaleInvestment #PublicSectorExpansion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89167
President Yoon signals plans to create government investment agencies capable of handling mega-projects that exceed private sector capacity, aiming to boost South Korea's economic competitiveness.
#YonhapInfomax
#PresidentYoon #GovernmentInvestment #MegaProjects #PrivateSector #EconomicCompetitiveness
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89164

Trump Donor Paulson Gains $70 Million from Government's Stake in Trilogy Metals

Billionaire John Paulson, a longtime supporter of Donald Trump, gained a $70 million windfall following the federal government's $35.6 million investment for a 10% stake in Trilogy Metals, a small Vancouver-based mining company. Paulson owned an 8.7% stake, which tripled in value after the investmen... [More info]

US Commerce Secretary Howard Lutnick revealed that the government is considering acquiring stakes in defense companies such as Lockheed Martin, following its recent 10% investment in Intel, sparking a rally in US defense stocks.
#YonhapInfomax #LockheedMartin #Intel #DefenseSector #GovernmentInvestment #StockRally #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78908
US Commerce Secretary Says Government Considering Stakes in Defense Sector Following Intel Investment—Lockheed Martin Cited

US Commerce Secretary Howard Lutnick revealed that the government is considering acquiring stakes in defense companies such as Lockheed Martin, following its recent 10% investment in Intel, sparking a rally in US defense stocks.

Yonhap Infomax