The Future Investment Initiative has discussed the future of global economy in a session entitled "The next decade: How will a new era of economic ambition shape the global economy?", where participants tackled diverse ways to boost growth amid growing uncertainty in the global economy over the next 10 years. The first part of the session titled "View from the U.S. and Europe" hosted Yasir bin Othman Al-Rumayyan, Governor of the Public Investment Fund; Ray Dalio, Founder, Co-Chairman and Co-Chief Investment Officer, Bridgewater Associates, United States; Noel Quinn, Group Chief Executive, HSBC Holdings plc, United Kingdom; Stephen A. Schwarzman, Chairman, CEO, & Co-Founder, The Blackstone Group L.P., United States; John Waldron, President and COO, The Goldman Sachs Group, United States. Governor of the Public Investment Fund stressed the importance of adjustment that creates stability, pointing out that the Public Investment Fund is making influential investments in a number of areas including housing, health care, renewable energy, and many other sectors, as these large investments can achieve economic security. --More 14:23 LOCAL TIME 11:23 GMT 0015 www.spa.gov.sa/1988657
