The Federal Trade Commission (FTC) under the Telemarketing and Consumer Fraud and Abuse Prevention Act (“Telemarketing Act”), has recently announced that it seeks law-enforcement action against a residential resort development in Belize, calling it “the largest-ever overseas real-estate investment scam” the agency has ever seen.
At a recent press conference in Washington, D.C., the agency said the development known by names that include Sanctuary Bay, Sanctuary Belize, Buy Belize, Buy...
An investment director at a $150 billion firm warns that US companies are engaging in a risky, unsustainable practice — and explains why traders should be looking overseas
US stocks have put the rest of the world to shame over the past several years, with the S&P 500 vastly outpacing its counterparts in Europe and Japan.
Ben Williams, investment director at GAM Investments and co-manager of the firm’s Pacific Funds, warns that US companies are engaging in a risky practice that could spell the end of their dominant run.
Williams breaks down where he thinks investors should be looking outside the US.
US stocks have put their global peers to shame for the past...
Saudia Arabia’s Investment Fund Eyes Legendary Investment As Country Charges 11 For Jamal Khashoggi Murder
Saudi Arabia's sovereign wealth fund is eyeing a $700M investment in Pacific Rim and Jurassic Park studio Legendary Entertainment, according to reports.
The country's Public Investment Fund is considering to purchase a stake from Chinese conglomerate Wanda, which bought the company in 2016, according to news agency Reuters.
This comes as Saudi Arabia's public prosecutor charged 11 people over the murder of journalist Jamal Khashoggi but refused to implicate crown prince…