Ray Dalio, Billionaire Head Of World's Largest Hedge Fund, Slams Trump Over Paris Accord Exit - News Summed Up

Ray Dalio, Billionaire Head Of World's Largest Hedge Fund, Slams Trump Over Paris Accord Exit


Last week, Donald Trump's decision to pull out of the Paris climate accord agreed to by 195 countries was consistent with his increasingly clear patterns of behavior. A month later, after Trump imposed a travel ban in the first week of his presidency, Dalio began to change tone. "Nationalism, protectionism and militarism increase global tensions and the risks of conflict," Dalio and co-CIO Bob Prince wrote in a 'Daily Observations' note to clients. Geore Soros, the richest hedge fund manager on earth with a fortune exceeding $25 billion is one of Trump's fiercest critics. Last week, scores of CEOs took to twitter to condemn Trump's decision to exit the Paris Climate Accords.


Source: Forbes June 05, 2017 16:13 UTC



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