Tag: World Economic Forum

George Soros: Mark Zuckerberg Should Not Be in Control of Facebook

At a dinner last week in Davos, Switzerland, I was asked if I thought Facebook was behaving more responsibly today than it did during the 2016 presidential election. “Not at all,” I answered. “Facebook helped Trump to get elected and I am afraid that it will do the same in 2020.” I explained that there […]

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Greta Versus the Greedy Grifters

I’ve never been a fan of Davos, that annual gathering of the rich and fatuous. One virtue of the pageant of preening and self-importance, however, is that it brings out the worst in some people, leading them to say things that reveal their vileness for all to see. And so it was for Steven Mnuchin, […]

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Site That Ran Anti-Semitic Remarks Got Passes for Trump Trip

To coordinate coverage of President Trump’s trip to the World Economic Forum in Davos, Switzerland, the White House provided press credentials to the usual mix of American news organizations, including Fox News, Reuters and The New York Times. One media outlet stood out: TruNews, a website aimed at conservative Christians whose founder, a pastor named […]

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Palantir’s CEO Finally Admits to Helping ICE Deport Undocumented Immigrants

In a CNBC interview at Davos, Palantir CEO Alex Karp admitted that his company “[finds] people in our country who are undocumented.” For years, Palantir has attempted to deny or downplay any role in those operations by pointing to the two wings of ICE, which deal with “criminal investigations” and immigration enforcement. Palantir, a technology […]

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Greta Thunberg Joins Climate March on Her Last Day in Davos

DAVOS, Switzerland — Greta Thunberg, the 17-year-old Swedish climate activist, spent this week inside the halls of power at the World Economic Forum, addressing the titans of global business and politics, huddling with a few of them for closed-door sessions, and being publicly belittled by officials from the United States government. On Friday, as the […]

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Big Business Says It Will Tackle Climate Change, but Not How or When

DAVOS, Switzerland — Business titans who for decades brushed off warnings about climate change arrived at the annual World Economic Forum this week ready to show their newfound enthusiasm for the cause. Having previously played down the need for the reform that scientists had urged, finance leaders and company chiefs conspicuously rallied around a consensus […]

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Davos Is Just a Bunch of Boomers Sharing Viral Videos

For a long time, the World Economic Forum (WEF) has been struggling to pitch itself as part of the solution to global inequality and climate change, instead of an entrenched part of the problem. To that end, the organization has offered empty rhetoric about corporate responsibility and promoted “green” fuel for private jets. It has […]

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When Will Companies Finally Step Up to Fight Climate Change?

Is a “decarbonized” future possible? That’s what Microsoft promised it would aim for when it pledged this week to go carbon negative by 2030. It added that it would attempt by 2050 to “remove from the environment all the carbon the company has emitted either directly or by electrical consumption since it was founded in […]

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Climate Change Could Cause the Next Financial Meltdown

FRANKFURT — Climate change has already been blamed for deadly bush fires in Australia, dying coral reefs, rising sea levels and ever more cataclysmic storms. Could it also cause the next financial crisis? A report issued this week by an umbrella organization for the world’s central banks argued that the answer is yes, while warning […]

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Back to Normal: U.S. Auto Tariff Threats Return for EU

<img data-attachment-id="1705998" data-permalink="https://www.thetruthaboutcars.com/2020/01/back-to-normal-u-s-auto-tariff-threats-return-for-eu/shutterstock_636139745/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="trump" data-image-description=" Joseph Sohm/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-610×407.jpg” class=”aligncenter size-large wp-image-1705998″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/01/shutterstock_636139745.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> On Wednesday, President Donald Trump threatened to impose fresh tariffs on European automotive imports if the region can’t […]

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In Davos, President Trump Frets About Boeing

DAVOS, Switzerland — Boeing is back on President Trump’s mind. At a breakfast on Wednesday with the chief executives of major technology companies in Davos, Mr. Trump spoke at length about technology making things more complicated, according to four people familiar with the conversation who spoke on condition of anonymity to describe private discussions. As […]

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Trump, in Davos to Talk Trade, Lashes Out at Enemies Back Home

DAVOS, Switzerland — President Trump unleashed on Democrats and the media in a wide-ranging news conference on Wednesday before leaving Davos to return to Washington, where his impeachment trial is underway in the Senate, claiming that he would prefer a long trial with witnesses but national security issues made that impossible. A day earlier, Mr. […]

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What to Watch For in President Trump’s Impeachment Trial on Wednesday

WASHINGTON — After a marathon debate about how to conduct the impeachment trial, the Senate will formally move into the oral arguments phase of the proceeding on Wednesday as the House managers open their case to convict President Trump and remove him from office. The managers will present their two articles of impeachment charging Mr. […]

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Trump and the Teenager: A Climate Showdown at Davos

DAVOS, Switzerland — Neither uttered the other’s name. But President Trump and the Swedish climate campaigner Greta Thunberg took unmistakable aim at each other on Tuesday at this conference of business and government figures, reprising their roles as antagonists on the global stage. The 73-year-old president and 17-year-old activist dominated the first full day of […]

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Davos Has a Credibility Problem

DAVOS, Switzerland — Salvador Gómez-Colón, a teenage environmental and humanitarian activist from Puerto Rico, started the day Tuesday by telling business and government leaders that they didn’t have much credibility. “We’re tired of too much coming to Davos and going back and not doing anything,” Mr. Gómez-Colón said. “We’re tired of empty promises, we’re tired […]

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Greta Thunberg’s Message at Davos Forum: ‘Our House Is Still on Fire’

DAVOS, Switzerland — Greta Thunberg planned a speech to the world’s business and political leaders here Tuesday accusing them of “empty words and promises” that will do little to avert a climate change crisis. “Our house is still on fire,” she was expected to say, reprising her most famous line from an address last year […]

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IBM unveils Policy Lab, advocates ‘precision regulation’ of AI

IBM formally announced the IBM Policy Lab — an initiative aimed at providing policymakers with recommendations for emerging problems in technology — ahead of a panel discussion to be held tomorrow at the World Economic Forum. The panel will be hosted by IBM CEO Ginni Rometty, with Siemens CEO Joe Kaeser, White House Deputy Chief […]

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The Davos Plutocrats Warm Up to Trump

DAVOS, Switzerland — The last time President Trump arrived at the World Economic Forum’s annual meeting, his trip was treated with deep skepticism, if not disdain, by the business and political leaders who gather once a year in this ski town in the Swiss Alps. It was 2018 and even with his newly enacted tax […]

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Climate Change Takes Center Stage in Davos

Even before catastrophic fires broke out in Australia in late fall, climate change was at the top of the list of priorities at the 50th anniversary of the World Economic Forum in Davos, Switzerland, this week. But those fires — preceded by others in California — along with rising sea levels, flooding and supercharged storms, […]

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The Story of China’s Economic Rise Unfolds in Switzerland

SHANGHAI — Beijing’s alliance with the World Economic Forum started in 1979 with the arrival in Davos, Switzerland, of a small team of free-market economists led by a wizened Chinese intellectual, Qian Junrui, who had barely survived Mao’s Cultural Revolution. He had been imprisoned for eight years, tortured and repeatedly beaten unconscious. China and Davos […]

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