Davos - World Economic Forum, Breaking News: Davos, Politics, World Economy, Banks, Switzerland, Donald Trump

Davos - World Economic Forum, Breaking News: Davos

Multilateralism 'is the way to go,' OECD's Gurria says in response to Trump's Davos speech

Multilateralism 'is the way to go,' OECD chief says in response to Trump's Davos speech

21.1.2020

Multilateralism 'is the way to go,' OECD chief says in response to Trump's Davos speech

President Donald Trump has told delegates attending the World Economic Forum to 'put their own citizens first.'

World Economic Forum to "put their own citizens first," but that approach has already been criticized by other public figures advocating a multilateral and consensual approach to global affairs. Challenging Trump, Angel Gurria, the secretary-general of the OECD, an organization of 36 member countries that work with each other (as well as with more than 70 non-member economies) to promote economic growth, prosperity, and sustainable development, told CNBC that multilateralism was a necessity in the modern world. "How can you deal with international trade if not multilaterally?," he said, speaking to CNBC's Steve Sedgwick at the forum in the Swiss Alps. "How can you deal with things like migration, how can you deal with things like climate, for that matter, how can you deal with investment flows that go across borders, if not multilaterally? Clearly the multilateral approach is the way to go." Earlier on Tuesday, Trump spoke of his "America First" agenda during his keynote speech to the World Economic Forum "America's newfound prosperity is undeniable, unprecedented and unmatched anywhere in the world," Trump said from the annual gathering of business and political leaders in Davos, Switzerland. Organisation for Economic Co-operation and Development (OECD) Secretary General Angel Gurria. Adam Berry | Getty Images "America achieved this stunning turnaround not by making minor changes to a handful of policies, but by adopting a whole new approach centered entirely on the well-being of the American worker." Trump's speech comes on the back of the signing of a "phase one" trade deal between the U.S. and China, although Trump reiterated that most tariffs would remain on Chinese goods while a "second phase" is being negotiated. Gurria said that an easing of trade tensions was a way to promote growth; "if we don't go multilateral we're going to suffer more stagnation, we're going to suffer more slowing of growth." "The U.S. has already seen a slowing of their own growth, just like in China, just like the rest of the world. The great secret after today's speech by the president of the U.S. is that the U.S. (is) not the only bright spot in the world economy but how can we generalize that? We know that it is by lowering these (trade) tensions," Gurria said. —CNBC's Thomas Frank contributed reporting to this story. Related Tags Read more: CNBC

translation: steal from the US middle class to fund the rest of the world. Great deal for them....

In impeachment document, Democrats say Trump endangers security, Trump deniesHouse Democrats laid out arguments supporting charges of abuse of power and obstruction of Congress against President Trump in a 111-page document ahead of his impeachment trial on Tuesday I had no idea Jerry 4’ 2” ImpeachedForLife Pinguïns

As trial nears, Trump lawyers call impeachment case 'flimsy'WASHINGTON (AP) — President Donald Trump 's legal team asserted Monday that he did “absolutely nothing wrong,' calling the impeachment case against him “flimsy' and a “dangerous perversion of the... They are right!!! Trump will win this! How much is needed when he’s already admitted to bribery & extortion? Yes, just report whatever bullshit Trump says. No matter how big the lie is, the media will report it as a fair, professional statement, as if its true. This is how we got Trump, and how he will win again. With the media’s help.

House Democrats call Trump filing on impeachment 'dead wrong' in new brief for Senate trialThe House on Monday submitted its rebuttal to the White House's argument that the impeachment articles are 'constitutionally invalid,' charging that the President's assertions the about the articles were 'chilling' and 'dead wrong.' And off to the SUPREME COURT it goes.

Trump impeachment strategy: Lawyers want 'deficient' charges dismissed - Business InsiderTrump's lawyers confirm their playbook for impeachment is to argue that the charges are 'deficient' and should be immediately thrown out That argument was 'deficient'. Idiotic

CNN poll: 51% say Senate should remove Trump from officeAbout half of Americans, 51%, say the Senate should vote to convict President Trump and remove him from office in the upcoming impeachment trial, according to a new CNN poll, while 45% say the Senate should vote against conviction and removal You people lie so much, I dont believe a word U say I watch news all day long follow all politics & BS, U people lie so much , it makes me sick U do not have one credible person there, not one Guarantee POTUS will win again in 2020, get use to it I have no idea how U PPL sleep Um what 51% are they talking about? And MILLIONS UPON MILLIONS of AMERICAN 🇺🇸 CITIZENS will be voting for him in 2020 !! CAN NOT WAIT !! ✨✨❤️🇺🇸💙✨✨ ✨✨❤️🇺🇸💙✨✨ ❤️✨Trump2020Landslide ✨💙 ✨✨❤️🇺🇸💙✨✨ ✨✨❤️🇺🇸💙✨✨

Trump Turns MLK Day Tweet Into Tribute To His 2017 InaugurationThe president cared more that Jan. 20 marked the third anniversary of his inauguration than the commemoration of Martin Luther King Jr.'s birthday. Basta Big surprise there! Why would Trump give a shit about people who hate him? Maybe if blacks were nicer to Trump, maybe Trump would be nicer to blacks.



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