Reuters: "Republican officials rethink BlackRock bans after Panama port deal"

by Ross Kerber and Bo Erickson

Gernot Wagner, a climate economist at Columbia University, said BlackRock's role in regaining control over the canal, which was much sought by Trump, should sway some of the president's political allies.

"Rationally, this is how the world works, you give a little and you get a little," Wagner said. But Republican leaders and others in Trump's MAGA movement are eager to follow Trump's unpredictable lead, making the practical impact on the firm hard to know, he said.

Quoted in: "Republican officials rethink BlackRock bans after Panama port deal" by Ross Kerber and Bo Erickson, Reuters (6 March 2025).

Featured Articles

View All

Coalbed methane is an underappreciated problem of global steel production. While cutting methane emissions in the steel supply chain will not produce green steel overnight, it could reduce the sector’s emissions by the equivalent of a billion tons of carbon annually, and at little cost.

25 Sep 25