Economic team pushes for approval of Maharlika Wealth Fund bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Saudi Arabia’s Public Investment Fund (PIF), the kingdom’s sovereign wealth fund, signed a Memorandum of Understanding (MoU) with Square Enix Holdings Co., Ltd. regarding the exploration of investment opportunities in the development efforts of global entertainment content such as games undertaken by the Company’s group. Square Enix Holdings Co., Ltd. with headquarters in Tokyo, Japan, […]
#BTSpeakingOut – The BLP has failed us - Barbados Today barbadostoday.bb - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from barbadostoday.bb Daily Mail and Mail on Sunday newspapers.
Sovereign Wealth Fund Definition
Sovereign Wealth Fund (SWF) Definition
A Sovereign Wealth Fund (SWF) is a state-owned investment fund or entity that is commonly established from balance of payments surpluses, official foreign currency operations, the proceeds of privatizations, governmental transfer payments, fiscal surpluses, and/or receipts resulting from resource exports. The definition of sovereign wealth fund excludes, among other things, foreign currency reserve assets held by monetary authorities for the traditional balance of payments or monetary policy purposes, state-owned enterprises (SOEs) in the traditional sense, government-employee pension funds (funded by employee/employer contributions), or assets managed for the benefit of individuals.
BBC News
By Catherine Evans
image captionWales is known for its beautiful landscapes, say the campaigners
Young climate activists are calling on their peers to use their vote to amplify and empower the youth voice .
Two members of the Youth Climate Ambassadors for Wales said if politicians did not listen to young voters they could be out of a job .
They added that it would change the perception of young people as naughty, immature or not as knowledgeable .
Shenona Mitra, 17, from Bangor, and Poppy Stowell-Evans, 16, from Newport, said the impact of young activists like Greta Thunberg had fuelled the passion of other young people to campaign for the environment.