American billionaire businessman; co-founder, chair and CEO of BlackRock
Nvidia has announced memorandums with six Wall Street firms to assemble about $500 billion to finance AI infrastructure — data centres, GPU clusters and related compute — for customers that lack cash or credit. Executives are pitching compute as an investable asset class while analysts warn depreciation risk and competition from China could erode collateral value.
Bloomberg and Al Jazeera reporting show a widening pattern of transshipment and tariff avoidance, with solar-panel routes rerouted across China, Vietnam and Indonesia to dodge duties, while US actions intensify enforcement and scrutiny.
European Commission President Ursula von der Leyen has outlined plans to deepen ties with Canada and Canadian Prime Minister Mark Carney has been invited to address the European Parliament. Talks are focusing on security, Arctic cooperation, critical minerals, student exchanges and defence-industrial links, but officials say no formal new pact has been agreed and discussions remain at an early stage.
Canada is actively courting private capital to diversify away from the U.S. amid a deepening trade dispute. At the Canada Investment Summit, leaders pitch Canada as a stable, rules‑based partner with vast resources, while Washington expands tariffs and countermeasures that threaten interwoven supply chains.
Canada is pitching itself as a stable, rules-based home for global capital as Prime Minister Carney hosts a two-day Canada Investment Summit in Toronto. Investors managing over $120 trillion are in attendance, seeking opportunities in energy, minerals, AI, infrastructure and broader economic resilience amid US tariff tensions.
The Future Investment Initiative, often dubbed “Davos in the Desert,” has been postponed to 2027. Organizers say the decision aims to deliver the event’s expected scale, quality, and impact, with new dates to be announced soon. Attendees previously expected speakers from Goldman Sachs, Google, BlackRock and others. The postponement follows regional security strains, including Houthi attacks on Saudi Arabia.