Bloomberg New Economy

Nothing Worries CEOs Right Now as Much as Geopolitics

Business leaders everywhere are speaking up about the dangers of geopolitics.

Palestinians check the damage after Israeli strikes on houses, amid the conflict between Israel and Palestinian Islamist group Hamas, in Khan Younis, in southern Gaza, on Oct. 29, 2023. 

Photographer: Mohammed Salem/Reuters

If you’ve been troubled lately by a sense of foreboding, a vague but unmistakable feeling that the planet is teetering on the edge of some precipice, you’re not alone.

Jamie Dimon is there with you. “This may be the most dangerous time the world has seen in decades,” the chief executive officer of JPMorgan Chase & Co. said recently. World Bank President Ajay Banga calls it a “dangerous juncture” for the global economy. Larry Fink, CEO of BlackRock Inc., envisions a future of “less hope and a lot more fear.” What alarms them, and increasingly leaders everywhere in business, finance and government, can be summed up with a single word: geopolitics.