In an unprecedented move Larry Fink, the CEO of Black Rock has sent a letter to all the CEOs of the S&P 500 urging them to focus on the long term and make their firms sustainable.
The current cold spell in New York is due to a “wobbly” Polar Vortex and may also be evidence of slowly warming world which is making the weather weird.
Low oil prices are likely to continue for the next two years and while this is good for many, it is taking a toll on the oil companies and Saudi Arabia, Russia, Venezuela and other countries as well as the environment in the medium term.
This week, U.S. President, Barak Obama and the Republican candidates painted very different visions for the U.S. and the world with the former one based on hope and the other on fear.
At a time when the world faces a number of serious problems, politics in the U.S., Spain, and other countries has become increasingly fractious with few real leaders in sight