Last week, Russian President Vladimir Putin stated that sanctions against Moscow herald the end of an era, implying that the West's global dominance was coming to an end. Blackrock has chimed in with their own remarks on the conflict, stating that the Ukraine crisis marked the end of globalization as we know it.
Larry Fink, the CEO of BlackRock, which manages assets worth about half of US GDP, has forecasted that measures to penalize Russia for its aggression in Ukraine will cause global...
