globalization
It’s an open secret that Western diplomacy is not having its best days in the Global South. When it came to the UN to condemn Russia in 2022, most countries that abstained were in the Global South — and very much in line with public opinion: polling at the time suggested only 45% of the public would have supported any overly bullish condemnation of Russia. Meanwhile, while only 5% of US citizens surveyed suggested that they see Russia as an ally, over 80% of Indians, 79% of Chinese and 69% of Turkish respondents described Russia either as an ally or partner. If the unipolar moment is taken as ...
Euronews (English)
Following is the unofficial transcript of a CNBC interview with Hayman Capital Management Founder and CIO Kyle Bass which aired during CNBC’s “Financial Advisor Summit: Navigating Uncertainty” event today, Wednesday, June 15. Interview With Hayman Capital’s Kyle BassBecky Quick: First of all Kyle, I just want to say thank you for being here. It is great to see you today. Kyle Bass: Great to see you too, Becky. Quick: Let’s talk a little bit about what’s happening with globalization. Because for decades, we saw the positive side of globalization – more markets, bigger markets, more people that ...
ValueWalk
Following are excerpts from the unofficial transcript of a CNBC interview with Citi CEO Jane Fraser on CNBC’s “Squawk on the Street” (M-F, 9AM-11AM ET) today, Monday, May 23 for Davos 2022 in Davos, Switzerland. Following is a link to video on CNBC.com: It’s Hard To See The U.S. Entering A Recession In ’23, Says Citi’s Jane FraserFraser On RecessionJANE FRASER: I find it hard to see the US not, entering a recession in ‘23 just because of labor market, the strength of balance sheets and we’re certainly seeing— Q1 2022 hedge fund letters, conferences and more SARA EISEN: Oh you don’t see it happ...
ValueWalk
Globalization has its days numbered and the current times will be decisive for the future development of society, according to Larry Fink, CEO of BlackRock Inc (NYSE:BLK), and Howard Marks, CEO of Oaktree Capital Group LLC (NYSE:OAK-A). New World Order“The Russian invasion has put an end to the globalization that we have experienced in the last three decades,” the BlackRock CEO said. Meanwhile, for Marks, the war has given countries a glimpse of how dependent they have become on others. Q4 2021 hedge fund letters, conferences and more The greatest example is Europe's extreme dependence on Russ...
ValueWalk
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