BlackRock CEO Letter to Shareholders: Far-reaching Impact of Russia-Ukraine War Difficult to Predict, May Accelerate Development of Digital Currencies

The Chairman and CEO of BlackRock, the world's largest asset management company, Larry Fink, stated that the war in Ukraine could accelerate the development of digital currencies.

The Impact of the Russia-Ukraine War on Energy

In addition, Fink also shared his views on energy issues. He mentioned that many countries are seeking new energy sources to cope with the energy impact caused by the Ukraine war. The United States is focusing on increasing oil and natural gas supply, while in Europe and Asia, coal may see an increase next year, inevitably delaying global short-term zero-carbon emission goals.

Despite this, Fink remains optimistic about the development of green energy. He firmly believes that in the long run, recent events will accelerate the transition to green energy in many regions around the world.

This article is authorized to be reprinted from Horizon News Network