What Business And Political Leaders Are Discussing Behind Closed Doors | Davos 2020

Ian Bremmer, president and founder of Eurasia Group, discusses the most important issues at the World Economic Forum in Davos, Switzerland. Climate is at the top of the agenda this year, but Bremmer said CEOs are having more discussions about the very likely possibility of an economic slowdown. Bremmer says if you want businesses to focus on sustainability, you have to figure out how to make sustainability good for business.

MORE DAVOS CONTENT:
Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

A Billionaire Investor Says The Economy Is Headed For ’20 Years Of Ugliness’ | Davos 2019

A $736 Billion Investor Says The Market Is Predicting An Economic Slowdown | Davos 2019

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What Business And Political Leaders Are Discussing Behind Closed Doors | Davos 2020

Climate activist Greta Thunberg takes part in “school strike” march in Davos | AFP

Teenage climate activist Greta Thunberg takes part in a “school strike” demonstration in Davos, on the last day of the World Economic Forum where she said calls to the corporate elite meeting to immediately disinvest in fossil fuels have been ignored. IMAGES

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Greta Thunberg says climate demands ‘completely ignored’ at Davos | AFP

Swedish climate activist Greta Thunberg speaks alongside other young activists at the World Economic Forum in Davos, Switzerland. She says their climate demands have been “completely ignored” coming into the Davos Forum. SOUNDBITE

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Trump and Thunberg: Climate smackdown in Davos | AFP

The 50th meeting of the World Economic Forum aims for a strong focus on climate change. What could go wrong? While eco-warrior Greta Thunberg reiterates her fiery warnings, Donald  Trump labels environmental campaigners as “perennial prophets of doom.” of a demonstration in DavosN°1O35PD

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Solution To Climate Change Is To Make It Profitable, Says Private Equity Investor | Davos 2020

Environmental problems rose to the top of the list of global risks released by the World Economic Forum in Davos. Ibrahim AlHusseini believes that investors can tackle climate change and reap returns. He founded FullCycle to invest in “market-ready climate restoration technologies.

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Solution To Climate Change Is To Make It Profitable, Says Private Equity Investor | Davos 2020

Demonstration against Davos Forum and for climate action | AFP

Dozens of people demonstrate in Davos where the World Economic Forum is being held, calling for immediate action on climate change. The 50th meeting of the World Economic Forum was aiming for a strong focus on climate change but US President Donald Trump delivered a bullish speech which rejected earlier warnings made by teenage eco-warrior Greta Thunberg. of a demonstration in DavosN°1O35PD

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People hold climate rally on sidelines of World Economic Forum in Davos | AFP

Demonstrators gather in Davos on the sidelines of the annual World Economic Forum to call for global climate action. IMAGES

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Trump at Davos: We must reject ‘prophets of doom’

President Donald Trump tells the World Economic Forum in Davos that “we must reject the perennial prophets of doom.” Instead of focusing on climate change, Trump opted to use the global stage to highlight the US economy’s strength. (Jan. 21)

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Images of US Capitol ahead of Senate impeachment trial | AFP

Images of US Capitol building in Washington DC a few hours before President Donald Trump’s historic impeachment trial resumes in the Senate. Earlier today, from the Swiss resort of Davos, where the World Economic Forum is taking place, Trump branded his trial a “hoax.” IMAGES

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Trump arrives in Davos hours before impeachment trial reopens | AFP

US President Donald Trump arrives in Davos aboard his helicopter to attend the World Economic Forum where he will give a keynote speech just hours before his impeachment trial kicks off in Washington. IMAGES

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AP Top Stories January 20 2020

Here’s the latest for Tuesday January 21st: Trump goes to World Economic Forum in Switzerland; Senate reconvenes Tuesday for impeachment trial; Chinese executive’s extradition hearing continues in Canada; 3 children pronounced dead in Phoenix home.

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President Trump arrives at Davos economic forum

President Trump arrived on Tuesday at the World Economic Forum in Davos, Switzerland. The trip puts him thousands of miles from his Senate impeachment trial, which reconvenes on Tuesday. (Jan. 21)

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Executive Says Business Leaders Are Optimistic About The Future | Davos 2019

Kelly Grier is the US Chairman and Managing Partner at accounting and advisory firm EY. Through access to businesses in all sectors through the services they provide, she has access to insights into what business leaders are thinking and planning. She sits down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland.

MORE DAVOS 2019 CONTENT:
A Billionaire Investor Says The Economy Is Headed For ’20 Years Of Ugliness’ | Davos 2019

A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

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Executive Says Business Leaders Are Optimistic About The Future | Davos 2019

Western Union CEO On Migration, Diversity & The Future Of Payments | Davos 2019

Hikmet Ersek is the CEO of Western Union. Ersek, a citizen of Austria and Turkey, draws on his international background to speak out publicly for the rights of migrants and refugees. Ersek sat down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland to discuss the future of payments.

MORE DAVOS 2019 CONTENT:
$20 Billion Alternative Investor Shares His Favorite Long-Term Themes | Davos 2019

Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

Business Leaders Discuss Technology’s Role In Better Capitalism | Davos 2019

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Western Union CEO On Migration, Diversity & The Future Of Payments | Davos 2019

An EVP At Microsoft Explains How Tech Is Changing Industries Like Farming | Davos 2019

Jean Philippe Courtois, Executive VP at Microsoft sat down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland. He explains how tech is changing industries like farming.

MORE DAVOS 2019 CONTENT:
A Billionaire Investor Says The Economy Is Headed For ’20 Years Of Ugliness’ | Davos 2019

A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

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An EVP At Microsoft Explains How Tech Is Changing Industries Like Farming | Davos 2019

Adam Grant Reveals What Most Leaders Get Wrong & Simple Things All Execs Should Try | Davos 2019

Adam Grant is an organizational psychologist, a Wharton professor, and the best-selling author. Grant sat down with Business Insider editor-at-large Sara Silverstein at the World Economic Forum in Davos, Switzerland to discuss how people get power, how they keep it, and what they do with it.

MORE DAVOS 2019 CONTENT:
A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

$20 Billion Alternative Investor Shares His Favorite Long-Term Themes | Davos 2019

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Adam Grant Reveals What Most Leaders Get Wrong & Simple Things All Execs Should Try | Davos 2019

A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Scott Minerd oversees $265 billion in assets as global CIO of Guggenheim Partners. He sat down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland to discuss why he expects a recession in about 18 months.

MORE DAVOS 2019 CONTENT:
Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

Business Leaders Discuss Technology’s Role In Better Capitalism | Davos 2019

Henry Blodget Leads A Panel On Facial Recognition Technology | Davos 2019

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A $265 Billion Investment Chief Expects A Recession In About 18 Months | Davos 2019

Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

Ken Moelis has been in the investment banking industry for over 30 years and is the founder and CEO of investment bank Moelis & Company. Moelis sat down with Business Insider’s Sara Silverstein at the annual meeting of the World Economic Forum in Davos, Switzerland to discuss taxes, regulation, and how to attract top talent.

MORE DAVOS 2019 CONTENT:
Business Leaders Discuss Technology’s Role In Better Capitalism | Davos 2019

A $736 Billion Investor Says The Market Is Predicting An Economic Slowdown | Davos 2019

Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

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#Taxes #Davos #BusinessInsider

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Investment Banker Ken Moelis On Taxes, Regulation & Attracting Top Talent | Davos 2019

$20 Billion Alternative Investor Shares His Favorite Long-Term Themes | Davos 2019

Investcorp is a Bahrain-based alternative investment firm with over $20 billion under management. Investcorp CEO Rishi Kapoor sat down with Business Insider’s Sara Silverstein at the World Economic Forum in Davos, Switzerland. Kapoor reveals where Investcorp is seeing investment opportunities and risks.

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$20 Billion Alternative Investor Shares His Favorite Long-Term Themes | Davos 2019

Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

One of the hottest topics at the World Economic Forum in Davos, Switzerland has been Alexandria Ocasio-Cortez’s proposed 70% marginal tax rate on all income above $10 million. There have been many headlines out of Davos with business leaders calling the proposed tax disastrous, scary, and saying it will have a huge impact on the economy. We sat down with three financial heavyweights to find out what they think everyone is missing about this discussion. The general consensus was that while such a hefty tax would hurt the economy, it simply doesn’t effect enough people to be a major issue.

Moelis & Co. founder and CEO Ken Moelis says there isn’t a problem with a high tax on income above $10 million dollars because there isn’t that much income to tax above that level. Marginal tax rates need to start around $250,000 in order to have an impact.  And a 70% tax rate at that level “would crush the economy.”

Guggenheim Partners global CIO Scott Minerd agrees that the amount brought in by a 70% tax above the $10 million income level won’t make enough of a difference even if you assume people will pay it. But Minerd says historically when we have had high marginal tax rates wealthy people have sheltered their income.

Bob Prince, the co-CIO of Bridgewater — the largest hedge fund in the world — says this tax won’t be good because it won’t solve many problems.

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Wall Street Weighs In On AOC’s Proposed 70% Marginal Tax Hike | Davos 2019

Business Leaders Discuss Technology’s Role In Better Capitalism | Davos 2019

Jenifer Berman, CMO of Insider Inc., led a panel titled, “Technology for Good: Better Capitalism Leading Innovation” in Davos, Switzerland at the World Economic Forum.

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Business Leaders Discuss Technology’s Role In Better Capitalism | Davos 2019

Henry Blodget Leads A Panel On Facial Recognition Technology | Davos 2019

Henry Blodget, CEO, Co-Founder, and Editorial Director, Insider Inc, is moderating a panel at the Microsoft Cafe in Davos at the World Economic Forum

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#Technology #Davos #BusinessInsider

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Henry Blodget Leads A Panel On Facial Recognition Technology | Davos 2019