'Russia-Ukraine war to trigger new world order'

By Agence France-Presse

Mar 30, 2022 12:20 am

DUBAI: Russia's invasion on Ukraine will trigger a new 'world order' and take globalization into a different phase, BlackRock's billionaire chief executive officer Larry Fink told an investment conference on Monday (Tuesday in Manila).

Fink, who heads the world's largest asset management company, said faltering supply chains would force firms to seek suppliers closer to home, upending the current model.

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