Davos 2018: Climate change, Europe's future, protectionism and globalisation top day two

[Right_in_Virginia]

Davos 2018: Climate change, Europe's future, protectionism and globalisation top day two
Davos sees Angela Merkel warn against protectionism and populism while Emmanuel Macron says globalisation is facing a 'major crisis'
EuroNews, Jan 24, 2018

The World Economic Forum in Davos on Wednesday started with a special address by Brazil’s president Michel Temer.

During the speech Temer said Latin America’s largest economy is on the road to recovery.

In line with this year’s Davos theme creating a shared future in a fractured world’ Temer also joined other world leaders in warning against protectionism.”

The anti-protectionism and anti-free trade comments are widely seen to be directed towards U.S. President Donald Trump, who is due to speak at the forum on Friday.

The second day at Davos also saw both German chancellor Angela Merkel and French President Emmanuel Macron address the World Economic Forum.

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But in a sign that her domestic difficulties may be easing, Merkel returned to the world stage. During her speech she underlined the dangers of protectionism and ‘poisonous’ populism.

“We believe isolationism will get us nowhere. We believe we have to cooperate and that protectionism is not the right answer. And we believe that if we share the opinion that things are not being done fairly and the mechanisms aren’t reciprocal, then we should look for multilateral solutions and not unilateral ones that ultimately only promote isolationism and protectionism. Therefore it’s important that Germany forms a new government quickly, and I hope we can achieve this,” Merkel said.

For France’s Emmanuel Macron, it was his first speech since his presidential election victory last May.  Insisting ‘France is back’, Macron also warned that globalisation is facing a major crisis saying economic growth in itself was not an end. He also appeared to advocate a two-speed Europe in an attempt to push through key economic and political reform at EU level.



More: http://www.euronews.com/2018/01/24/davos-2018-climate-change-europe-s-future-protectionism-and-globalisation-top

[Right_in_Virginia]

Bottom Line for Davos Elite: Trump Is Good for Business
NY Times, Jan 24, 2018, Peter S. Goodman

DAVOS, Switzerland — One could get the feeling that President Trump might not be set for a rousing welcome when he arrives in this Swiss Alps resort this week to address the annual gathering of the World Economic Forum.

The forum, a pilgrimage for the wealthy and powerful, is an unabashed champion of globalization. It advocates ceaselessly for the notion that every problem — from climate change to joblessness to terrorism to cybersecurity — requires international cooperation and multilateral solutions.

<snip>

While many here are poised to recoil at Mr. Trump’s arrival — diplomats, heads of state and members of human rights organizations — much of the moneyed elite who pay the bills for many Davos festivities are willing to overlook what they portray as the American president’s rhetorical foibles in favor of focusing on the additional wealth he has delivered to their coffers.

Among banking chiefs, hedge fund managers, private equity overseers and others who make their living managing vast piles of money, Mr. Trump is the rare politician who has made good on his words, having slashed corporate taxes and ditched regulations they view as anti-business. However they publicly greet Mr. Trump, they are happy with key ways in which he has wielded his power.


More: https://www.nytimes.com/2018/01/24/business/trump-davos-follow-the-money.html

[Frank Cannon]

So it is business as usual for the Globalist filth this year.

[Right_in_Virginia]

Trump to meet with world leaders, business CEOs at Davos forum
CNBC, Jan 24, 2018, Reuters

U.S. President Donald Trump will meet with Israeli Prime Minister Benjamin Netanyahu, British Prime Minister Theresa May, and other world leaders when he attends the World Economic Forum in Davos, Switzerland, this week, White House officials said on Tuesday.

Trump is due to take an overnight flight on Wednesday night to snowbound Davos, where he will encourage investment in the United States and cooperation on national security issues, including the fight against Islamic State and North Korea's nuclear and ballistic missile programs.

Trump will have a full day of meetings in Davos on Thursday and then deliver a keynote address to the forum on Friday before returning to the United States later that day.

White House senior economic adviser Gary Cohn said Trump will use his speech to encourage global companies to invest in the United States and take advantage of Trump's corporate tax cuts.

He will also stress his "America First" policies and seek more reciprocal trade policies from U.S. allies, Cohn said, in keeping with Trump's belief that international trade deals are tilted against the United States.

"The president will continue to promote fair economic competition and will make it clear that there cannot be free and open trade if countries are not held accountable to the rules," Cohn told reporters.


More: https://www.cnbc.com/2018/01/24/trump-to-meet-with-world-leaders-business-ceos-at-davos-forum.html

[Right_in_Virginia]

Donald J. Trump‏Verified account
@realDonaldTrump 

Will soon be heading to Davos, Switzerland, to tell the world how great America is and is doing. Our economy is now booming and with all I am doing, will only get better...Our country is finally WINNING again!

4:27 PM - 24 Jan 2018

https://twitter.com/realDonaldTrump/status/956322473955545089?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

The President is wheels up and due to land in Switzerland tomorrow (Thursday) morning.