Discover and read the best of Twitter Threads about #wef2020

Most recents (11)

You have to think about this. #Ripple has worked with 50 Central Banks. If they launch their CBDCs' on the ledger, that eats through XRP supply, massively, per David Schwartzs' video 9-10 months ago. There would be no reason why he would provide this content if it wasn't coming.
Open your eyes, and keep a myopic view point to a minimal. "When" (Noted in #WEF20: Tharman Shanmugaratnam: "That doesn't necessarily mean the public sector is going to be the provider of the infrastructure OR THE DIGITAL TOKENS."
they launch their #CBDCs' on the #XRP Ledger, they will have "settlement" capabilities of 4 seconds. They will have the ability to settle cross-border payments in 4 seconds, on top of that, they will have the ability for atomic swaps with #InterLedger.
Read 9 tweets
Ending #WEF2020 @wef on a strong note! @KGeorgieva MD @IMFNews assured us during the global economic outlook session that “We are in a better place in January 2020 than we were in October 2019 during our annual meetings. We are projecting growth this year at 3.3% & 3.4% next year Image
...This clearly is an improvement viz a viz the record low of last year of 2.9% and what is driving this positive momentum are three things. One, trade tensions are receding. Secondly, central banks; synchronised tax cuts has given a boost to growth...
#OandoAtWEF #DAVOS2020
the third optimism source is from trade & industrial production bottoming out. 3.3% is a slow progress, we want to see beyond monetary reforms that boost growth but fiscal policy being aggressive,structure reforms that boosts competition & dynamism being priority for governments”
Read 3 tweets
First they ignore you...
#Degrowth is now officially in phase 3 of 4.

Austrian Chancellor Sebastian Kurz openly criticised "postgrowth" today in a public conversation at the #WEF2020 in Davos. He made some interesting statements.
derstandard.at/story/20001137

He talked about a debate he saw where postgrowth ideas were discussed and where they asked if it could not be "good for a country when there's no economic growth any more" and "wouldn't it be better to measure the happiness of the population and not economic growth".
Kurz said that sounded romantic to him but went on speaking about the ageing population in Europe and said "happiness doesn't pay pensions".
"If we don't have growth, if we don't manage to stay competitive as the EU, then good night welfare state and European achievements."
Read 6 tweets
The diversity of thoughts on economies, gender parity & the global energy landscape made Day 3 of #OandoAtWEF remarkable.

On ways to save the planet, @EU_Commission First Vice-President @TimmermansEU for the #EUGreenDeal sat on the “Striking a Green New Deal” panel stating... Image
...“This is one of the issues where nobody doubts that we have to act on a continental scale if we really want to make a difference. So we took a holistic approach & we said that if we want to be climate neutral by 2050, what does that mean for 2030, 2040 & 5 years after that?
It’s not only about energy or oil & gas but the whole economy, this is because we are also in the middle of an industrial revolution that coincides with the climate crisis. One thing is clear, every industrial revolution has the potential to be extremely disruptive & unfair...
Read 8 tweets
Here is a quick recap of the most exciting conversations we experienced on the second day of #OandoAtWEF yesterday!
During a session on engaging ‘Tech for Good’, CEO Alphabet Inc. & Google LLC, @sundarpichai shared insights on being a technology optimist. He stated that... Image
“In the last month we have seen how AI can help doctors detect breast cancer with more accuracy. We recently launched a better rainfall prediction. At all times, #AI can play a role in climate change. The biggest risk would be failing to work on #AI & make progress with it."
Speaking on “The Power of Youth”, Gun Violence activist, @NaomiWadler said “living everyday in this skin as a black woman, being told that I am less than... I really like raising and lifting the voices of girls of colour because I believe we don’t get as much recognition.”
Read 6 tweets
Chancellor’s predecessor tells BBC UK will give way on April 2020 digital tax plan...
“We plan to go ahead with our digital tax in April” Chancellor @sajidjavid says at Davos panel alongside Treasury Secretary and French finance minister
US Treasury Secretary Mnuchin at #wef2020 : "If people want to just arbitrarily put taxes on our digital companies we will consider arbitrarily putting taxes on car companies"... with Chancellor next to him.
Read 5 tweets
This morning (11h45 CET) at #wef20 in #Davos: important press briefing with @KenRoth & others about #SaveDotOrg.

The heads of major NGOs are calling on @InternetSociety & @ICANN to stop the sale of the .ORG top-level domain to a private equity firm.
accessnow.org/selling-dot-or

The risks that civil society organizations face around the world today - surveillance, censorship, legal restrictions & even physical attacks - are bad enough. The proposed sale of .ORG would add an additional danger for non-governmental organizations. #SaveDotOrg
Journalists at #wef20 in #Davos are invited to join the press briefing on the Promenade, under the flags, at the entrance at 11h45.
#wef2020 #Davos2020 #SaveDotOrg
Read 6 tweets
NEW: UK urged to “hold fire” on tech tax on likes of Amazon, Google and Facebook, committed to start this April, by head of body charged with finding a global solution - OECD’s Sec Gen Gurria in interview with BBC #WEF2020
Comes as OECD, French finance minsiter and US counterpart will meet tomorrow here in Davos to confirm details of a delay to the French digital tax, and US tariff retaliation until end of year (ie after US Presidential election)...
OECD’s Gurria told BBC UK should “absolutely hold fire & contribute to multilateral solution” delay measure promised for 2 years, in current Finance Bill, & manifesto.

would lead to “cacophony and a mess” of 40 countries going own way with “tensions rising all over the place”
Read 5 tweets
(1/4)From being addressed by presidents of various countries, to conversations on averting a climate apocalypse, it indeed has been a very busy day at #WEF2020.
Here are our top highlights from our favourite sessions:

#OandoAtWEF Image
(2/4)“The older generation has a lot of experience but we have ideas, we have the energy&we have solutions for the now problems & the ones coming up so we need to learn to collaborate"-@TashaWangMwansa on“Forging a Sustainable Path towards a Common Future” bit.ly/2NMEn6e
(3/4) “Business leaders here in the room have recognised that corporations are not just economic entities but also social organisms ” - Professor Klaus Schwab, Founder and Executive Chairman of @wef during his welcoming Remarks at #Davos2020
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Greta up now. “We don’t need to lower emissions. our emissions have to stop” Image
She rebukes world leaders for “empty words and promises”

Calls for banks, governments to immediately stop investing in fossil fuels and stop taxpayer subsidies.
And an ultimatum: do this or explain to your children why you’re giving up
Read 11 tweets
Riches-pauvres, hommes-femmes, retrouvez les points clés du dernier rapport de l'ONG #Oxfam sur les inégalités dans le monde @AFPgraphics #WEF20 #AFP
@AFPgraphics Les 2 153 milliardaires du globe détiennent désormais plus d'argent que 60% de la population mondiale, dénonce #Oxfam dans son rapport soulignant une concentration des richesses au détriment notamment des femmes, "en premiÚre ligne" des inégalités #AFP
@AFPgraphics Le rapport annuel d'#Oxfam sur les inégalités mondiales est traditionnellement publié juste avant l'ouverture, demain, du 50e World Economic Forum (#WEF20) à Davos, en Suisse
u.afp.com/3ZsT #AFP
Read 6 tweets

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