Wall Street pushes back after protests escalate

Quick Summary:

NEW YORK: Against a backdrop of intensifying climate protests targeting Wall Street, the heavyweights of US finance are pushing back against what they characterise as a fundamentally flawed debate.

The campaign – dubbed “Summer of Heat” – promises a steady escalation of disruptions and says its ultimate goal is to “shut down Wall Street”.

KKR co-founder Henry Kravis said last month that climate activists who “would like to push a button and have no hydrocarbons” simply “don’t understand the facts”.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaTurkey

Topics: Organisers Chief Wall Climate Executive Citigroup Activists It’s Month Protests Campaign

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 07:00:00 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 581 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 21639213

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Official Website: thestar.com.my

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