Bloomberg Politics

Saudi Arabia's Wealth Fund Sets New Strategy

Apr 16, 2026Center

Saudi Arabia's sovereign wealth fund will step up efforts to boost returns and build portfolio companies into global champions, as the kingdom unveils the PIF's strategy for the next 4 years. Bloomberg's Nandu Nair reports. (Source: Bloomberg)

Read Full Story at Source

Compare Perspectives

Found 8 stories

Luka Doncic weighs in on new-look Lakers roster amid heavy criticism

New York Post

5 hours ago

Luka Doncic weighs in on new-look Lakers roster amid heavy criticism

Los Angeles Lakers star guard Luka Doncic shared his "excited" verdict about how his team's roster is shaping up in his NBA offseason.

Right

Read →

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

6 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

Far Left

Read →

Mamdani mocked by GOP for telling New Yorkers to set thermostats to 78

The Hill News

7 hours ago

Mamdani mocked by GOP for telling New Yorkers to set thermostats to 78

Republicans are criticizing New York City Mayor Zohran Mamdani (D) after he suggested residents set their thermostats to 78 degrees to help conserve energy in the city as it braces for triple-digit temperatures this weekend. “New York: it’s hot out there, and the power grid is working overtime to keep us cool. Set your AC…

Center

Read →

Mamdani calls out Musk’s ‘hunger’ for wealth

The Hill News

7 hours ago

Mamdani calls out Musk’s ‘hunger’ for wealth

New York City Mayor Zohran Mamdani (D) took a thinly veiled jab at Tesla founder and CEO Elon Musk on Friday during a speech commemorating the 250th anniversary of American independence, saying the trillionaire’s immense wealth epitomizes the “contradictions” that exist in the country. “As we mark 250 years, what do we see?” Mamdani asked…

Center

Read →

Washington Examiner

8 hours ago

READ IN FULL: Zohran Mamdani’s America 250 address from George Washington’s desk at New York City Hall

Good morning, my fellow Americans. Season after season, year after year, the tides have come in and out of New York Harbor long before the name New York had ever been spoken; Lenape dugouts crossed these currents. It was on these waters, tall masts crested the horizon, captained by explorers like Verrazzano and Hudson, after […]

Center Right

Read →

Mamdani Is Telling A Brazen Lie About ‘Capitalist Mismanagement’ Of New York

The Federalist

9 hours ago

Mamdani Is Telling A Brazen Lie About ‘Capitalist Mismanagement’ Of New York

It's pretty clear that all of New York's big fiscal problems can be traced back to socialism.

Far Right

Read →

WATCH LIVE: Mamdani speaks on New York’s role in America’s founding ahead of Fourth of July

Washington Examiner

10 hours ago

WATCH LIVE: Mamdani speaks on New York’s role in America’s founding ahead of Fourth of July

New York Mayor Zohran Mamdani is delivering a speech related to the 250th anniversary of the signing of the Declaration of Independence just before the Fourth of July. Mamdani is expected to speak on New York’s role in the nation’s founding over two centuries ago. The Ugandan-born U.S. citizen who won the mayoral election last […]

Center Right

Read →

New York police officers are about to be worked to extremes – and Zohran Mamdani is to blame

BizPac Review

10 hours ago

New York police officers are about to be worked to extremes – and Zohran Mamdani is to blame

Op-ed views and opinions expressed are solely those of the author. The law enforcement veteran and InVest USA founder discusses why many NYPD officers are in for […]

Far Right

Read →

Saudi Arabia's Wealth Fund Sets New Strategy | Compare Perspectives | ParallaxNews.io

Saudi Arabia's Wealth Fund Sets New Strategy

Summary

Related Coverage

Daily Analysis

More Headlines From April 16, 2026

Saudi Arabia's Wealth Fund Sets New Strategy

Compare Perspectives