_WHAT’S HAPPENING_

The American investment firm BlackRock is becoming a major international player. In the past few years, its financial holdings have dramatically increased — and with more money has come more opportunity. The company recently announced it would be purchasing ports on both sides of the Panama Canal from a Hong Kong-based company. At the same time, it has taken an active interest in rebuilding Ukraine.

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claude chase1 year ago

So in just over one year Black Rock went from having a net worth of a little more than 1 and a half trillion to having over 11 and a half trillion. Seems to me like there's a heck of a lot missing from this story! Just look at all the howling over Musk's DOGE trying to save 1 trillion from being lost through fraud and waste, and then compare Black Rock gaining 10 trillion in one year, and the only mention of how is a small hint about ESG which strong arms investors into compliance - I'm just saying: "Something's Missing in this Article ..."

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Bill Roberts1 year ago

If you reread the article I’m pretty sure it said the company managed more than $11.6 trillion in assets, up $1.5 trillion from the end of 2023. Regardless that’s unbelievable that one company could be that rich and powerful.

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Jim Harmon1 year ago

BlackRock sounds like something out of an international intrigue movie. It's a little scary to think of one entity being that powerful. I wonder what the company's DEI policies are. I suppose it's possible they could be a good influence on the international stage. However, there needs to be some sort of oversight on them.

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David McCool1 year ago

Very skeptical of BR due their woke positions on many issues. They participated in Davos and are on board with “experts” ruling vice democratically elected officials. They bear close watching at all times…

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Kathryn Murphy1 year ago

It can be a stabilizing influence; but should have have plenty of oversight, and limitations. And I agree with Claude, there's a lot missing in the information here. Even cursory research indicates a wide gap in such a jump in its net worth. I also have concerns about their Davos and WEF participation. Something Winston Churchill noted is that ruling by "experts" is the worst possible thing that could happen to the free world.

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Bill Roberts1 year ago

There’s an old saying that behind every successful company there’s a crime. If you manage that much money you can hardly imagine the extent of the crime. Not to be trusted!! Major oversight should be made. Perhaps DOGE should be looking over this giants shoulder.

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Jamie Parker-Frank1 year ago

I wonder how deeply we have to dig to find out that George Soros is one of the people behind Black Rock? I know very little about the company, but something seems amiss. 1.5 trillion in 2023 to over 11 trillion today?? Invested in DEI? Some very deep pockets are pulling the strings…

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Than Johnson1 year ago

We believe in ‘Capitalism’ which means if it’s a good investment in business opportunities like ‘renewable energy’ and it benefits customers and our country, then go for it. Oil companies in Texas, as an example, are diversifying into other types of energy production, so why not see how Blackrock’s business foresight turns out in Panama, Ukraine, etc. than

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Patricia Kelly1 year ago

Not at all comfortable with Black Rock. I guess corrupt corporate takeover might be better than Chinese takeover....Trump's agreement with this is also disturbing.

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Photo Man1 year ago

Russia was the perpetrator into Ukraine, so Russia needs to be accountable for spending all the $$$$$$ to rebuild Ukraine. Even if Russia does not acquire any Ukraine territory (which they should not).