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Stock impact report

Hamas-Backing Anwar Defends BlackRock in Face of Israel Protests [BNN Bloomberg (Canada)]

Vanguard Short-Term Treasury ETF (VGSH) 
Company Research Source: BNN Bloomberg
Anwar told parliament this week that it was “not realistic” to cut ties with any company for links to Israel. Then he sought to reassure US investors that his government had no issue with BlackRock, which bought Global Infrastructure Partners — a member of the consortium taking over Malaysia Airports Holdings Bhd — for 12.3 billion ringgit ($2.6 billion). “The collaboration between Malaysia Airports and GIP for us is critical,” he said at a luncheon hosted by the American Malaysian Chamber of Commerce on Tuesday. “We made it clear to all members of parliament and it explains our position on investments from overseas, including the US.” The furore tests the limits of Anwar's support for Palestinians and Hamas, which is designated a terrorist organization by the US and European Union, as he looks to shore up support at home and also court global investors. Malaysia doesn't have trade or diplomatic ties with Israel. “A lot of political capital has been spent to defend the deal,”sa Show less Read more
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