Crypto News Platforms 

Investments, Blockchain Dominate Payments Infrastructure Headlines

“Blockchain: The New(ish) Kid On The Payments Infrastructure Block No discussion of payments infrastructure would be complete without discussion of blockchain, especially as a conduit of enterprise payments” reports pymnts.com. Veerathai Santiprabhob has stated that blockchain may be used to manage its own supply chain (vendor) payments relationships, along with document management activities.PPRO, for its part, stated that it will use the money to expand its payments platform, including the international presence of its alternative payments-acquiring operations. Source: pymnts.com Share This:

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News Oil 

The world’s biggest oil trader is setting up a renewable energy fund

“Vitol has committed the initial investment, and investment opportunities may be offered to third parties, the oil trader and Low Carbon said” writes Oilprice Com for businessinsider.com. We firmly believe it is possible to provide all the energy we need through renewable sources, and this fund will help us further our ambition.”. Solar installers from Baker Electric place solar panels on the roof of a residential home in Scripps Ranch, San Diego Reuters/Mike Blake The world’s biggest oil trader, Vitol, is setting up in partnership with Low Carbon a renewables…

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News 

Atlantic Investment’s Roepers recommends chemical company Huntsman

“Alex Roepers of Atlantic Investment Management recommended Huntsman Corp. as his best idea Wednesday during the Delivering Alpha conference” writes Heidi Gutman for cnbc.com. “The key thing that has happened here at Huntsman is it’s a new company,” he said in remarks at the Delivering Alpha conference, presented by CNBC and Institutional Investor. “I have a lot of faith in management doing the right thing with cash balances, cash flows that are coming.”. The Woodlands, Texas-based company is a manufacturer of differentiated organic chemical products and of inorganic chemical products. Source:…

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Crypto Markets News 

Bitcoin may be down 45% this year, but money is pouring into one crypto fund manager at the fastest clip in its history

“But for one crypto investor, this bearish backdrop has been coupled with a spike in investor interest” writes Frank Chaparro for businessinsider.com. Grayscale, which manages $2 billion in assets, runs a number of crypto funds including its Bitcoin Investment Trust as well as one for XRP, bitcoin cash, and ethereum.At the same time, over 300 crypto funds have launched to invest in digital assets, according to a report by Autonomous NEXT released this week.Bitcoin is trading down more than 45% since the beginning of the year, and the market for…

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News 

Chinese investment in the US has tanked, and there’s no sign of it picking up anytime soon

“The committee successfully convinced President Barack Obama in December 2016 to block a Chinese investment fund from acquiring the US subsidiary of Aixtron, a German semiconductor manufacturer” writes Foreign Policy for businessinsider.com. Wary of significant capital outflow, the Chinese government put the brakes on what it called “irrational” foreign investments starting in late 2016.Under pressure both at home and in the United States, Chinese firms have turned their backs on a country that was once a tempting target for investments. Source: businessinsider.com Share This:

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News 

13 industrial projects implemented using $1.8b of investment in a year

“Among the implemented projects, five steel projects attracted 29.1 trillion rials (about $676.7 million) of investments, which accounts for 36 percent of the whole announced figure” reports tehrantimes.com. As Iranian industry, mining and trade minister announced earlier in mid-April some 88 industrial projects are being implemented in Iran using foreign direct investments.TEHRAN- According to Iranian Ministry of Industry, 13 industrial projects were implemented during the past Iranian calendar year 1396 (ended on March 20, 2018) using 81.3 trillion rials (about $1.89 billion) of investment. Source: tehrantimes.com Share This:

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The country will pull money from oil, gas and coal “as soon as practicable.”

“Ireland has announced it will be divesting its money from fossil fuel companies” writes Editor This New for huffingtonpost.com. And last year, 40 Catholic Church institutions said they would be turning their backs on fossil fuel investment.Norway has made moves to shed fossil fuel investments from its $1 trillion sovereign wealth fund ― built from Norway’s own oil riches.The Republic of Ireland is set to be the world’s first country to pull its money out of fossil fuels.The campaign for global fossil fuel divestment, spearheaded by environmentalists such as Bill…

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News 

Kicking Off Collaborative Fund IV – What We’re Looking For

“We recently announced our new $100M early stage fund that we closed in May, along with a series of new additions to the team in June” writes Collaborative Team for collaborativefund.com. With its last funding round, Airbnb surpassed Marriott / Starwood in market capitalization, and Uber + Lyft gave 65% more rides than yellow taxis in New York last year.The collaborative economy is creating new market opportunities. Source: collaborativefund.com Share This:

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Congress headed toward approving adding strength to block foreign investments in U.S.

“Tightening control of foreign direct investment from certain countries has been ongoing for a while, Lu said” writes Jinman Li for marketwatch.com. Stricter scrutiny from CFIUS led to the decline in Chinese direct investment last year, she added.Restrictions on foreign investments and the trade disputes that the U.S. has with other countries “go hand in hand” to reduce the U.S. trade deficit, said Robert Scott, a senior economist and director of trade and manufacturing policy research at Economic Policy Institute, a Democratic-oriented economic policy think tank. Source: marketwatch.com Share This:

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Markets News Stocks 

Cramer says ‘accidentally anti-Chinese’ FANG stocks are ‘perfect for this market’

“The members of FANG, the “Mad Money” host’s acronym for the stocks of Facebook, Amazon, Netflix and Google, now Alphabet” writes Elizabeth Gurdus for cnbc.com. “All four are accidentally anti-Chinese stocks, and that is perfect for this market,” he added.”I know nothing lasts forever, and it’s easy to see why these FANG stocks are reviled for being too high, too fast, too rich, too whatever,” he said.”In one of the great coincidences in stock market history, FANG’s got nothing in China,” Cramer said Thursday as stocks rose in a day…

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