Davos 2019: Angela Merkel defends globalization and global order as Brexit threatens WEF – live | Business



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Wang concludes with an absolutely clbadic piece of Davos:


In this changing world, making progress is like climbing a mountain. It is the commitment, conviction and trust that make us move forward. In this era of globalization of economic globalization, all men have a common stake. As a Swiss proverb says, "The torches light up."

Let's illuminate the way forward, move together, rise to the top and create together a great future for all of humanity.










Chinese Vice President Wang Qishan fired two shots at the West.

On technology (a hot topic considering Huawei's concerns in China), Wang said:


It is imperative to respect national sovereignty and to refrain from seeking technological hegemony, to interfere in the internal affairs of other countries and to lead, protect or protect technology-based activities that endanger security. other countries.

We must respect the independent choices of the technology management model and the public policies made by the countries, as well as their right to participate in the global system of technological governance on an equal footing.

In terms of globalization, Wang said that inequality should be addressed – without preventing the growth of the global "economic cake".

It calls for a targeted approach to deal with the problems created by globalization.


What we need to do is enlarge the cake while looking for ways to share it more equitably. The last thing we should do is stop pieing and just start a futile debate on how to divide it. Transferring responsibility for one's own problems to others will not solve the problems.










Wang Qishan, Vice President of China, now addresses Davos.

He began by saying that 2019 marked the 40th anniversary of China's participation in the WEF (49 years old this year) and the 70th anniversary of the creation of the People's Republic of China.

These seven decades have seen "remarkable achievements", speaking of a historic transformation of social productivity and national strength.

It has brought prosperity to people who once struggled to provide for their basic needs, Wang said (shuddering at the tens of millions of people who died in the Great Leap Forward).

According to Wang, China is becoming "an important force for the maintenance of peace in the world and the promotion of common development".

He gives a history lesson in Davos, describing the fall of China because its emperors closed their doors to the world while the West industrialized and explored the oceans. This was reversed by the Chinese Communist Party, which started to create a new China 70 years ago.










Answering questions, Angela Merkel talks about the emotion felt at the signing of the Treaty of Aachen with Frenchman Emmanuel Macron on Tuesday. [it will deepen ties between the two countries, but doesn’t go as far as some had hoped].

It addresses the role of inequality in populism; If a business man can earn more money by selling a business than a craftsman can earn in a lifetime, people will wonder what is the value of their work today. ?

We can not afford a split in society between those who want progress [and benefit from it]and those who bear the burden, she adds.

Merkel also refuses to say whether she will return to Davos after leaving her post as Chancellor.

You have me today, so you should be grateful for what you have, she jokes before leaving the stage.










Angela Merkel summarized her defense of the current world order:


"We have populist challenges, we have to face them.

I will strongly commit myself to a multilateral order, not ending with the EU, but which will give good answers to the challenges of tomorrow.

World Economic Forum
(@Davos)

According to Angela Merkel, the 3 main challenges facing Germany are the energy transition, as they leave behind nuclear and coal power plants, speeding up the digitization process and demographic changes, when they adopt a immigration legislation for skilled workers. # wef19


January 23, 2019










Merkel: I work for a well-ordered Brexit

On the Brexit! Where Merkel says "we have to face the shock", Britain wants to leave the EU.

All my efforts are devoted to making Brexit as "as orderly" as possible, she added.

We want to have a good future partnership with the United Kingdom, she continued, saying that in key areas such as defense, Germany is "absolutely dependent" on its partnership with Great Britain .

And on the issue of leaving Britain, Angela Merkel says that the better relations with Britain, the less complicated it is.

[But she doesn’t offer any suggestion of new flexibility over the withdrawal deal or future relationship]

Dan Stewart
(@Thatdanstewart)

Merkel briefly evokes Brexit #Davos speech. "All my efforts go in order to make sure that it happens in a well-ordered way."


January 23, 2019










Merkel turns to the migration crisis that was raging in Europe a few years ago.

Germany's demographic changes mean that we now have a skilled labor immigration policy, says Merkel (one of the major decisions of her new coalition government – and a change from the approach the open door previously launched by Merkel).


We need to better manage migration, but in recent years we have made great progress.

She also urged delegates from Davos to see Africa as a continent of hope and opportunity










Merkel refuses to throw coal

According to Angela Merkel, climate change is a crucial problem. World leaders have the responsibility to solve it.

BUT almost in a breath, she responds to calls for Germany to end its use of coal.

Merkel stresses that Berlin is also planning to end its nuclear energy sector by 2020.

The only source of energy that can generate energy at any time is lignite (cheaper and polluting) and coal, Merkel said.

The final conclusions of a commission are being drafted, but Merkel seems to have anticipated, saying that Germany needed coal.

We will continue to receive Russian natural gas and other sources.

If we leave the coal, if we leave the nuclear, we will need more natural gas – and the energy must be affordable, she said.

This will disappoint environmental groups, who hoped that Merkel could play a decisive role in the end of the coal era.

Update










This is the key message of Angela Merkel's speech:

Cesar A. Hidalgo
(@Cesifoti)

Angela Merkel defends globalization in Davos. She tells us that institutions built after the Second World War must be taken seriously because they were built by experienced people who knew what they were doing. #wef #Davos 1/2 pic.twitter.com/3Y0JmcTu2t


January 23, 2019










Merkel is now turning to artificial intelligence, saying we needed agreements on "ethical guidelines" for both AI and bioethics.










Merkel said leaders should remember their national interests – but also that others have a national interest.

Factor them in, and you can have a "win-win situation."

[a more globalist approach than Donald Trump’s MAGA strategy]









The German Chancellor then launches a defense of the world order – while it is attacked by populists and nationalists.

Merkel said the world order was under pressure, but it was important to remember that the main decisions that underpinned her institutions had been taken 74 years after the Second World War.

After the horrors of World War II, officials had certain instincts, says Merkel firmly.

We should not leave their decisions aside, and treat them lightly because they have taken them against a wealth of experience, she insists.

But .. Merkel also reprimands international organizations are slow to reform.


If a system does not react quickly enough, some will create new institutions capable of weighing all their weight.

Merkel added that, in the wake of emerging economies, these institutions should be reformed so that "the balance of power is realistically represented".










A decade after the financial crisis, you can still see the impact of the crash on the banks, Merkel.

But she also sees reasons for optimism. One is the fall of extreme poverty. She is pleased that the Sustainable Development Goals have been adopted and hopes that we will be able to eliminate extreme policies.

She also cites agreements on migration.

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