Theme: "The Reshaping of the World: Consequences for Society, Politics and Business”
The World Economic Forum brings together about 2500 business leaders, economists, international leaders, etc to discuss pressing issues.
My DAVOS 2014 in Six Bullets:
- Iran is ready to mingle with the rest of the world:
- Iran's President Hassan Rouhani says Iran is seeking "constructive engagement with the world"
- "Japan is back" Says Japan's Shinzo ABEnomics signaling
- “Japan has sworn an oath to never again wage a war,” ... “We have never stopped, and will continue to be wishing for the world to be at peace.”
- England: BOE, Governor Mark Carney: IR won't rise.
- "No immediate need to increase interest rates"
- Brazil may be quite volatile but has 'huge opportunities' as other big economies heal
- President Dilma Rousseff: “We will be more dynamic because that’s where the huge opportunities lie.”
- US, Larry Summers, Ex-Treasury Secretary, Spend now! Especially on infrastructure.
- “The moment when we can borrow money for 30 years in the 3% range (in a currency we print ourselves) and the construction unemployment rate is in double digits — if that is not the moment to fix Kennedy Airport, when will that moment ever come?”
- Euro-zone, Mario Draghi, President of ECB, emphasizes no deflation!
Read more on MarketWatch
Iran President Rouhani on CNBC
Other Links:
Washington Post: World’s elite converge for 2014 World Economic Forum
REUTERS: "HIGHLIGHTS-Comments by policymakers speaking on a panel at Davos" regarding the Global Economy. Includes Larry Summers, Former US Treasury Secretary, BOJ Governor Haruhiko Kuroda, UK Finance Minister, George Osborne
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