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BlackRock Eyes China Ally In $23B Panama Canal Power Play

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BlackRock’s Panama Canal negotiations have taken quite a dramatic turn right now, and it’s all because CK Hutchison is actually considering adding a Chinese partner to their massive $22.8 billion port deal. The exclusivity period for this BlackRock Panama deal ended on Sunday, which means new consortium members can now join this transaction that involves some pretty important Panama Canal assets along with Chinese interests. Also Read: BlackRock’s Rieder Sees Surprise September Rate Cut as Inflation Holds BlackRock’s Panama Canal Bid, CK Hutchison Ports, And China Ties Source: Yahoo Finance Chinese Investor Joins The Mix The situation with BlackRock’s Panama deal and China has gotten more complex after CK Hutchison revealed they’re having ongoing discussions about bringing in what they’re calling a “significant” Chinese investor to the consortium. Reports have been tying China’s state-owned Cosco Shipping to getting a potential stake...

UAE to Invest $1.4T in the US Over The Next 10 Years

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In what is a major benefit to the United States economy, the United Arab Emirates (UAE) is reportedly set to invest $1.4 trillion into the US over the next 10 years. Indeed, US President Donald Trump held a key meeting with Emirati officials this week as the nation is set to “substantially increase” existing investments in the country, according to a Forbes report. The new capital is set to be used in the funding of new AI infrastructure and semiconductors that will all benefit the growth of US manufacturing. The two sides had previously discussed the decade-long investment deal, with it reportedly seeing an official agreement taking place Thursday. JUST IN: UAE to invest $1.4 trillion in the United States over the next 10 years. pic.twitter.com/ZuuGqAE5T8 — Watcher.Guru (@WatcherGuru) May 15, 2025 Also Read: Ripple Meets with UAE Officials to at Dubai Fintech Summit UAE Deepens US Investment as It Is Expected to Skyrocket Over The Next Decade Since his return to the White ...

ZK-proof Web3 infrastructure developer gets backing from Binance Labs

Delphinus Lab is building a zero-knowledge proof rollup service aimed at powering Web3 application development. Zero-knowledge proof technology continues to garner interest and investment as Binance Labs becomes the latest firm to invest in ZK-proof powered infrastructure being developed by Delphinus Lab. Binance’s venture capital arm announced a strategic investment into Delphinus Lab’s zero-knowledge WebAssembly (zkWASM) virtual machine. The zkWASM is being labeled as the first known open-source virtual machine to support ZK computation and application software development kits. Cointelegraph can exclusively reveal that Binance Labs is investing $2.2 million into Delphinus Lab, with the funds set to facilitate the ongoing development of its application rollup platform zkWASM Hub, which will provide automated proving and batching services for Web3 applications. We're excited to announce we've invested in @DelphinusLab! Delphinus Lab is an infrastructure provider that has im...