Larry Fink, the CEO of BlackRock, has cautioned that the global economy could face a recession if oil prices rise to $150 per barrel. Speaking on the potential impacts of escalating conflict in the Middle East, Fink highlighted the risks that geopolitical instability poses to energy markets and international financial stability. While global markets have remained relatively resilient thus far, continued expansion of regional tensions could disrupt supply chains and stifle economic growth, leading to a significant worldwide downturn.
- BlackRock CEO Larry Fink warns that oil reaching $150 per barrel would likely trigger a global recession.
- The warning is tied to the potential for the conflict between Israel and Hamas to escalate into a broader regional crisis.
- Rising energy costs are cited as a primary factor that could destabilize the current global economic environment.
- Geopolitical uncertainty is currently identified as one of the most significant risks to future market growth and international trade.
- Fink emphasized that while markets have shown resilience to date, the humanitarian and economic consequences of a wider conflict remain a major concern.
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Original video here.
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Is America a country we can have in the global community…if the USA remains a threat ….
Demorats:" Can we get some more Hangings in Iran please??? Donny is delusional!!!"
🥓🤡🥓🤭🥓🤣
Complain to your tribe brothers…
Seven soldiers were killed and 13 others injured when strikes hit a military clinic and an engineering unit at the Habbaniyah base located to the west of the Iraqi capital, Baghdad, on March 25 morning, the Iraqi Defense Ministry announced.
In a statement, the ministry said the strikes were followed by additional gun fire from a warplane, as rescue teams continued searching the site.
The attack killed and wounded personnel while they were carrying out their “national and humanitarian duties,” the ministry added, describing it as a “blatant and serious violation of international laws and norms that prohibit targeting medical facilities and their staff.”
It also called the deadly attack “a dangerous escalation,” stressing that targeting medical facilities represents “a grave crime.”
The ministry said that the strikes would not deter its personnel, adding that Iraq reserves the right to take all necessary measures “to respond in accordance with applicable laws.”
Videos posted to social networks revealed that the strikes were carried out by American A-10 Thunderbolt II close air support jets. The footage even showed at least A-10 firing its massive GAU-8/A Avenger 30mm seven-barrel Gatling gun at the Habbaniyah base.
The jets that carried out the strikes are likely a part of the A-10 squadron based at Muwaffaq al-Salti Air Base in neighboring Jordan.
Trump doesn’t care, he’s on his death bed. Thats why people should NEVER elect a filthy rich old man with a grudge on his own country. As a Canadian, I saw this happening from a mile away… it was obvious. Why coukdn’t the American people see this happening? Trump wanted to burn the world.
Prophet Muhammad ﷺ:
"The Dajjal (Antichrist) would be followed by seventy thousand Jews of Isfahan wearing Persian shawls."
AI doesn't need truth, it can exist on assumptions.
When politics distorts reality past the line of common sense it becomes possible that truth cannot function in the same way as it use to. With AI people are becoming more and more convinced that Alternative reality is what is real living on Assumptions and not what can be proven. Most people are already aware that the supreme lawgiver of the land is calling the news (Fake news).Today people cannot even believe in what they see with their own eyes when AI can distort its likeness into anything it wants. Today people are faced with the near impossibility in trying to navigate reality that surrounds itself in Lies (Alternative facts). It is truth that is the foundation that consciousness grows out of. Consciousness that can no longer work will lead to the failing of even the greatest civilizations. Maybe gas lighting (lying) can make you money or even give you the power of the presidency over a superpower nation but it’s cost will no doubt only end in its own destruction bringing Civilization down with it. Now that AI can replace people, humankind is learning that it doesn’t need truth to know who and what it is any longer. Getting to the bottom of truth to fix things is what truth does. Fake news cannot fix a failing democracy. People are learning the hard way why anarchy is here to stay. Watching social media (the news) makes me sick as I continue to watch it trying to push a false narrative on the world today. Life is real. I should not be forced to be an actor living on lies in making my money to Exist.
Does anybody really know who is telling the truth between Fox News and CNN accordingly with other news media all they do is create perceptions of reality for their followers .
@1:24. Gas prices will actually be lower. 🤣🤣 Is this guy smoking meth?
And it's all Trumps doing
Are you still sick of winning MAGA ?
truly hope so! ❤❤❤❤❤❤❤❤🙏🙏🙏🙏🙏🙏🙏🙏
Panic buy now.
Despite the financial struggles my family and I faced, everything is finally falling into place! Weekly earnings and wealth of $47,000. I will always praise the Lord!!!
Oh dear, Larry Fink the man responsible for destroying America and the middle class and destroying jobs and introducing 21st century serfdom in the western world is sad about business suffering from high gas? Noted. Thanks. Would care a lot more about his opinion if he cared one iota about human beings.
Lmao you can't go into recession when you are already into recession.
Trump supporters hate America.
Who started this useless war…?
Di wilayah selatan iran (assaluyeh), bertumpuk aset yang dikelolah oleh rezim teroris di iran itu sendiri, tentunya dalam bentuk pompa-pompa minyak.
Artinya, apapun asset yang dikelolah oleh rezim teroris di iran…..tentunya menjadi target yang sah bagi operasi "Roaring Lion" itu sendiri.
__
In the southern region of Iran(Assaluyeh), heaped assets managed by the terrorist regime in iran itself, of course in the form of oil pumps.
That is, whatever assets are managed by the terrorist regime in iran…..certainly a legitimate target for Operation "Roaring Lion" itself.
No videos on all the innocent Iranians killed by the IRGC y’all don’t care about that though do ya? From America 🇺🇸
Good! The west only cares about money . Innocent live being slaughtered in the Middle East and as never a concern.
Some people will keep things unstable to maximize the profits. All countries should try to be morally great again.
Time for Netanyahu and Trump get on their knees and beg for mercy
Or 'Global recession if billionaires and utility companies continue to chase profits at the expense of human lives'
The UK had the highest commercial energy prices in the developed world before the Iran war. How could that be when we keep getting told renewables are the cheapest source of energy 😂
Margin call
Yes exactly fast track renewables + grid batteries + electric vehicles + high insulation + solar air heaters + front yard vegetable gardens everywhere. Yes, use what you have but push renewables fast!
The US is not energy independent. The US produces 13 but uses 20 and so imports 7 million barrels a day.
Asking the CEO of Blackrock if we should feel confident in a global economy based on confidence? Good one.
Screw blackrock.. they caused the banking crisis back in 2007..
The US Midas Touch seems to be concernd that Trump is getting more and more incoherent and recollects that alzheimers runs in the family? Perhaps it may be best forTrump, for the US and for humanity if Trump were to be replaced as president sooner rather than later on health grounds?
He bankrupted 3 casinos now he'll bankrupt usa and the world
I can see that and l can see this.
BBC can thanks genocidal, terrorist States of US-ISRAEL for the demise of the world economy. So BBC keep being US-ISRAEL propaganda machine.
This will all be over by the end of the year if trump has a heart attack or stroke soon. JD Vance will be POTUS until a emergency election is held & if a dem wins then the war will be over.
Who made the biggest oil trade of almost $600 million dollars 15 minute trump before trumps tweet on ending the war ? Was it blackrock ?
Trump did this…..Just like how covid wouldn't have been so bad if he just owned it and lead the people instead being a spoiled child about everything
Joshua Fink is in the Epstein Files. That's the son of Larry Fink.
Its time to live in a basic way of human should be. Not to develope, just to live. Nature will healthy
Oh I don’t see the oil price going to £40
buckle up butter cup, we going into the rabbits hole
The results when America and Israel elect pdfiles to run things.
US is not independent
And poor people like some of you still support Trump and Israel attacking Iran and ruining world economy. Later, Trump will send young American men and women for the ground invasion of Iran, to be slaughtered on behalf of Israel. Good luck!
Uk has got nothing .. they fucked
If Larry sees oil at 40 or 150 it will be around 80. 😂