Chereads / I Become A Noble in England / Chapter 306 - Chapter 306: Go Long Again

Chapter 306 - Chapter 306: Go Long Again

 In addition to education, the most important thing is to improve the national medical and health system.

  Compared with other parts of the world, Africa's medical and health care system is very poor.

  Friends who have been to Africa may know that before that, many kinds of vaccines need to be taken, because many cases that have been extinct in China are still raging in Africa.

  According to the World Health Organization, few countries in sub-Saharan Africa can afford to spend $34 to $40 per person per year on basic health care, including Kolo.

  According to the African Development and Cooperation (2002), Kolo is considered to have one of the worst health systems in West Africa due to its persistently high morbidity and mortality rates.

  As of 2003, malaria was the leading cause of illness (46%) and the leading cause of death (12.26%) in Kolo for all age groups.

  As of last year, the HIV infection rate was as high as 5%, and the mother-to-child transmission rate was 35%!

  In addition, tuberculosis is also one of the great threats facing the public in Kolo...

  Under such circumstances, if we want to attract more foreign investment and develop local tourism resources, we first need to create a good environment.

  It can be said that the greatest achievement of this visit to China was the close cooperation with China on the improvement of the medical and health system.

  Most of the 2 billion Chinese yuan interest-free loan that Colo obtained from Huaxia will be used to purchase medical equipment and drugs locally, as well as to hire Huaxia companies to improve the construction facilities of medical clinics in Colo's local rural areas.

  China has also promised to assist in the training of Kolo medical personnel and related medical and health practitioners - for example, a Kolo-China Friendship Nursing School will be built in the central province with assistance from China.

  As for the rest of the public security, Colo has begun using funds to recruit police and related personnel, and has begun to implement anti-robbery and anti-drug measures across the country.

  …

  After reaching an agreement with the Kuwait Investment Authority and the Saudi Public Investment Fund on the Global Industrial Investment Fund (GII Fund), the process of establishing this fund has begun.

  The most important thing for Barron now is to find suitable investors for this industrial investment fund with an initial investment of up to US$6 billion. The other party needs to have rich experience in mergers and acquisitions and restructuring.

  In the end, Barron found Finn Hudson, who had served as executive president of 3i Group, a well-known British investment company. This professional, who had work experience in an industrial investment fund under the British government, served as the CEO of the Global Industrial Investment Fund.

  The Global Industrial Investment Fund has set up a special account at Standard Chartered Bank and lent the bank a loan of £1.55 billion, using DS Holdings' shares in Summit Media, which are currently worth more than £2.1 billion, as collateral.

  The current exchange rate of the pound to the US dollar has reached 1.83. The 1.55 billion pounds of funds is equivalent to more than 2.8 billion US dollars.

  US$1.8 billion of the funds were directly deposited into Standard Chartered Bank's GII Fund special account, and certificates were issued to two Middle Eastern sovereign funds, including the Kuwait Investment Authority, indicating that DS Capital had completed the required injection of its own funds. After that, the other party's funds began to be transferred into this account.

  The remaining $1 billion went into the proprietary business department of DS Investment, all of which began to go long on international crude oil with a 10x leverage.

  Since crude oil prices rose to $40 per barrel in April, they have fallen slightly and are now around $36 in early July.

  However, the next round of increase is about to begin. By September, the crude oil price will exceed $50 per barrel, and by October 22, the crude oil price will reach this year's highest price - close to $56 per barrel.

  Therefore, since we have these funds, and there is only more than three months left, we might as well add some funds to go long on crude oil.

  …

  "I just came back from Shanghai. The construction of the competition venue there is going very smoothly and will be completed soon. I am very much looking forward to the Shanghai competition in more than two months."

  Bernie Ecclestone is now in high spirits. After all, not only has he retained his control of F1, but after selling his own shares, he also obtained 10% of the shares of F1 Group. He said to Barron:

  "Barron, you seem to have never watched an F1 race. Believe me, it is an exciting activity and a man's sport..."  

  "Daddy, who says F1 is just a man's sport? Can't we women be spectators?"

  Tamaran, who was sitting next to Bernie, was the first to express dissatisfaction with what he said...

  Faced with his daughter's protest, Bernie could only smile helplessly.

  "It just so happens that I will be going to China at the end of September, and I will definitely go to watch the game in Shanghai then."

  Hearing Barron's words, Tamaran also said,

  "I want to go too. I haven't been to the Magic City yet. I heard that it is developing very rapidly?"

  "Yes, it's very fast. Every time I go there, I can see many new high-rise buildings. It's worth a visit."

  It would be impossible for Bernie to be completely unaware of the relationship between his daughter and the Duke.

  Bernie also had a headache about this. If Barron was single, he would be happy to see it happen, even if he didn't say he was encouraging his daughter.

  But the key point is that this young Duke has an open girlfriend, and he has talked to his daughter about this...

  But his daughter insisted on being with him, and Bernie had no better choice but to let nature take its course.

  It has to be said that Tamarin's figure really fascinated Barron. After the two left Bernie's place, they went to The Holme Villa in Regent's Park.

  It can be regarded as their "love nest", and almost every tryst they have takes place there.

  After getting used to learning from Barron, Tamaran also showed a certain talent in learning, and could compete with Barron in learning knowledge...

  Of course, the final result was that Barron persisted in his studies longer, while Tamaran fell asleep after a crazy "recitation".

  …

  During this period, Barron would also take time to visit Rebecca and his daughter Jennifer.

  But compared to Barron, Julia Moore went there to accompany Jennifer more often than he did.

  Because she manages the Devonshire family's trust fund and helps Barron manage the family's traditional industries, it can be said that Yulia is now one of Barron's most trusted people.

  Including the villa where Rebecca lives now, it was Yulia who helped find it and did some decoration.

  Therefore, Barron did not hide the existence of Rebecca and Jennifer from Julia.

  Also because of physical reasons, Yulia gave up the idea of ​​having children - she did not want to pass on her genetic heart defect to her children.

  But she still loves children very much. Therefore, when Barron is not in London, she is the one who often comes to the villa in Westminster to visit Rebecca and baby Jennifer.

  It can be said that apart from her mother and grandmother, the person closest to Jennifer at this time is not even Barron, but Yulia...

  Because Rebecca often went to Cambridge University to study the courses she had missed before, and even at those times, Yulia would come over to accompany the little girl...