BlackRock’s chairman Tom Donilon said: “We’re in a new world order of geopolitical fragmentation.” Donilon manages almost $10 trillion in investments at BlackRock, making him the world’s biggest asset manager.
In BlackRock’s 2023 Global Outlook released two weeks ago, it was stated that “we’ve entered a new world order,” in which “geopolitical cooperation and globalization” are “evolving into a fragmented world with competing blocs.” The report noted that we are now in “the most fraught global environment since World War Two.”
Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.
This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.
Comments