01.21.20 - The world’s elite have gathered in Switzerland for the 50th annual World Economic Forum to discuss issues such as the world economy and climate change. As the eyes of the world shift to Davos (the infamous location of the annual gathering), many eagerly await to see how the rich and powerful plan to tackle the most serious issues facing the globe.
President Donald Trump’s much anticipated speech lauded his economic achievements while taking aim at his detractors, referring to the impeachment trials as a “hoax”. The President also renewed his feud with the Federal Reserve, saying the central bank raised interest rates too quickly, stating how good the economic numbers were under his administration “despite the fact the Fed has raised rates too fast and lowered them too slowly”.
President Trump also alluded to a much talked about trade deal between the United States and the EU, as EU officials plan to meet with U.S. officials in Washington to discuss the transatlantic agenda.
"We've been talking about it for a while, and hopefully we can get something done,” Trump told reporters “A deal between ourselves and essentially Europe is something we all want to be able to make.”
Trump wasn’t the only major figure set to give an eagerly anticipated speech to the crowds at Davos. Greta Thunberg, the Swedish teenage climate activist and seemingly foremost expert in environmental policy, called for “real zero” carbon emissions from world leaders.
"We demand participants from all companies, banks, institutions and governments immediately halt all investments in fossil fuel exploration and extraction, immediately end all fossil fuel subsidies and immediately and completely divest from fossil fuels.” The young firebrand stated.