Bill Ackman says Brazil’s ban on X will make the country ‘uninvestable’ like China

Quick Summary:

"China committed similar acts leading to capital flight and a collapse in valuations.

The same will happen to Brazil unless they quickly retreat from these illegal acts.

“China committed similar acts leading to capital flight and a collapse in valuations.

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Article Details

Author / Journalist: Ney Hayashi, Bloomberg

Category: EconomyBusiness

Markets: United StatesBrazilChina

Topics: Social Media Bill Ackman Elon Musk X Regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-01 @ 15:19:01 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 27 words

Reading Time: 1 minutes read

Sentences: 12 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 22320797

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 8 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #95

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