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Davos 2019 Day 2: Shinzo Abe, Angela Merkel address forum

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Germany's Chancellor Angela Merkel addressing the World Economic Forum attendees. (Screenshot/WEF)
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rince William, Duke of Cambridge and New Zealand prime minister Jacinda Ardern join a panel discussing mental health. (Screenshot/WEF)
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Kirill Dmitriev, CEO of the Russian Direct Investment Fund, revealed further details of a Saudi investment deal at the Davos forum. (WEF)
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The second day of panels and addresses is taking place in Davos, Switzerland on Wednesday. (WEF)
Updated 25 January 2019
Arab News
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Davos 2019 Day 2: Shinzo Abe, Angela Merkel address forum

  • The second day of panels and addresses is taking place in Davos, Switzerland
  • Highlights include addresses by Japanese PM and German chancellor
Updated 25 January 2019
Arab News

DAVOS: The second day of panels and addresses is taking place in Davos, Switzerland on Wednesday. Follow Arab News' live coverage below...

17:45 - If you want an alternative view of the comings and goings at Davos, you couldn't do much better than our reporter Frank Kane's 'Davos Diary' for a more tongue-in-cheek look at the World Economic Forum...

Davos Diary: From chalets to snow boots, how to master the WEF logistics

Davos Diary: An evening in the life of WEF, from Brexit to biodiversity

Davos Diary: Central Lounge — the networking hub of the universe

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17:10 - Missed the address by German Chancellor Angela Merkel earlier? Don't worry, you can read/watch everything she had to say by clicking here...

16:45 - Earlier on Wednesday, Giuseppe Conte dismissed fears Italy is headed for a recession, insisting that the country's economic growth could climb as much as 1.5 percent and said there was no need for a budget adjustment to meet targets. He was speaking to Bloomberg on the sidelines of Davos.

16:30 - Italian prime minister Giuseppe Conte is speaking now on stage. Follow live below:

15:30 - A fascinating conversation on mental health and the discussions now happening around the world and what is being done to help those suffering...

15:10 - Prince William says he found that one thing linked all the different charitable causes he had worked on - mental health. Speaks about how breaking down barriers and removing the stigma was key to what he wanted to achieve...

15:00 - Prince William, Duke of Cambridge and New Zealand prime minister Jacinda Ardern join a panel discussing mental health - one in four people will experience mental illness in their lives, costing the global economy an estimated $6 trillion by 2030. What can the global community do to promote mental health across all facets of society? Find out by watching the panel live below:

14:30 - Wang Qishan has proven to be a bit spiky with some of his answers to Klaus Schwab's questioning during this panel, and has made some very odd references. He even manages a sly dig at European economies and corruption throughout history via Charles Dickens' Tale of Two Cities - slightly awkward, if compelling, viewing...

14:15 - We now have a special address by Wang Qishan, the Vice-President of China. Watch his address and comments below:

13:55 - Merkel departs the stage, staying tight-lipped about her future after politics and when told she is welcome back at Davos anytime, she quips: "Well, you have me today - be grateful for what you have." Fiesty...

13:30 - Angela Merkel has defended global institutions set up in the aftermath of World War II, saying they have made the world a better place - and says the current global system will only be maintained if political compromises are made. She also says confidence in global financial systems has been shaken and must be restored.

"For a long time emerging countries like China and India influenced the world economy in a very strong way and when an existing system takes too long to react the consequences are that others (countries) make themselves noticeable through new institutions." 

13:15 - Germany's Chancellor Angela Merkel takes to the stage, watch her special address below...

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13:05: Meanwhile, now time for some Saudi Arabia-focused Davos news - according to Kirill Dmitriev, boss of Russia’s sovereign wealth fund, a quarter of Saudi Arabia’s pledged $10 billion investment in Russia has been deployed, he said on Wednesday. The Saudi Public Investment Fund (PIF) in 2015 signed an agreement to invest up to $10 billion in Russia through a partnership with the Russian Direct Investment Fund (RDIF).

READ MORE: Davos 2019: Saudi investment in Russia ‘hits $2.5bn’

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12:50 - Ethiopia's PM Abiy Ahmed is discussing the rapid transformation the country has gone through in such a short space of time, something the panel host says leaders in Europe could learn from. Talking about the wider, regional influence Ethiopa could have, he quotes: "If you want to go first, go alone. If you want to go far, go together."

12:30 - Change of pace now, as we go over to a conversation with newly appointed Ethiopian Prime Minister Abiy Ahmed, who is talking about the country's rapid pace of reform and what will be needed to realize Ethiopia's potential. Watch live below:

12:15 - Jack Ma has just spoken about the potential of Africa - he says he can sense a fear of future in Europe, but not so in Africa (or China) where there is a great optimism for the future. He says Africa, and developing countries, need the 'Four Es' in order to suceed - "entrepreneurs, education, e-frastructure (internet access) and e-government." 

"Africans want change, the continent has many smart young people. Europeans always wants to keep yesterday. When you worry about the future, you will never be an entrepreneur."

12:00 - Alibaba founder Jack Ma is speaking to young people, technology experts and Global Shapers - the first question he is posed regards whether or not he ever had doubts whether his company would be a success. He says he definitely had fears and doubts, but he says he was completely "transparent" about that with his team and that helped build trust with the group that would make it a success. Watch it live here:

11:45 - As pretty as Davos looks in the previous update, it appears the reality is much like anywhere else in the world - traffic on the morning commute, as our reporter Frank Kane discovered...

11:30 - So much of the action in Davos happens indoors, and we rarely see outside the conference center - but what is the Swiss resort actually like? We've assembled a small collection of images for you, so you can see. Rather pretty, really...(All images: AFP)

11:15 - So what do we have coming up for you today? Shortly, Abiy Ahmed, Prime Minister of Ethiopia, will be making a special address. Then we will have German Chancellor Angela Merkel on stage. She will be talking about growing uncertainty in Europe over the impending Brexit after British lawmakers last week voted down Prime Minister Theresa May's deal with the European Union. Will Britain crash out of the bloc without a deal or will it end up extending its date of departurefrom the current March 29?

The trade conflict between the US and China will also be in focus when China's vice president, Wang Qishan, addresses the conference later. On Tuesday, Mike Pompeo said he was "optimistic" that there will be a "good outcome" in upcoming trade discussions with China in Washington. A high-level Chinese delegation is due to arrive in the US capital on Jan. 30 as the two sides seek to strike an accord to end their trade conflict.

READ MORE: Mideast CEOs turn gloomy on global economy, PwC study finds

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10:35 - Shinzo Abe has delivered an engaging and interesting address (not something you can say about everyone at the forum...) and this line about tackling Climate Change being a potentially profitable, rather than costly, exercise stood out...

10:20 - Shinzo Abe's address is all about his policies that have helped raise wages in Japan, put two million women into work and helping the notoriously elderly population transition into an evolving workforce. The fact he is addressing Davos in English is also particularly impressive - a sign of his hopes to open up Japan to the world a bit more?

10:15 - Japanese prime minister Shinzo Abe begins his address to the forum...

10:00 - Haifaa Al-Mansour, the first female filmmaker in Saudi Arabia and a winner at this year's WEF Crystal Awards, was speaking this morning. The acclaimed director spoke about her dedication to breaking boundaries and shaping new stories, at a panel entitled “An Insight, An Idea with Haifaa Al-Mansour.”

You can watch a recap of her discussion here

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09:45 - Another bit of news from the first day was the meeting between Dubai's crown prince Sheikh Hamdan and WEF founder Klaus Schwab, you can read about their meeting here...

09:30 - More senior world leaders will take to the stage today, with the Japanese prime minister, the German chancellor and the prime minister of Ethiopia all on the agenda. Stay tuned to keep track of all Wednesday's action.

One of the highlights of the first day was the story and impassioned plea of refugee Mohammed Hassan Mohamud - a Somalian displaced person currently in a camp in Kenya.

Topics: Davos 2019 Davos Switzerland World Economic Forum (WEF) WEF WEF19

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University students lead a strike in Serbia as populist president plans a rally to counter protests

Updated 7 sec ago
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University students lead a strike in Serbia as populist president plans a rally to counter protests

Updated 7 sec ago
Daily traffic blockades took place on Friday in various cities and towns in the Balkan nation
“Let’s take freedom in our hands,” students told the citizens in their strike call

BELGRADE: A student-led strike closed down numerous businesses and drew tens of thousands into the streets throughout Serbia on Friday as populist President Aleksandar Vucic planned a big rally to counter persistent anti-government protests that have challenged his tight grip on power.
Daily traffic blockades took place on Friday in various cities and towns in the Balkan nation, held to commemorate the victims of a deadly canopy collapse which killed 15 people in November. Huge crowds later flooded the streets for noisy protest marches through the capital Belgrade and elsewhere in the country.
“Let’s take freedom in our hands,” students told the citizens in their strike call.
Many in Serbia believe the huge concrete canopy at a train station in the northern city of Novi Sad fell down because of sloppy reconstruction work that resulted from corruption.
Weeks-long protests demanding accountability over the crash have been the biggest since Vucic came to power more than a decade ago. He has faced accusations of curbing democratic freedoms despite formally seeking European Union membership for Serbia.
It was not immediately possible to determine how many people and companies joined the students’ call for a one-day general strike on Friday. They included restaurants, bars, theaters, bakeries, various shops and bookstores.
Vucic will gather his supporters in the central town of Jagodina later on Friday. He has announced plans to form a nationwide political movement in the style of Russia’s President Vladimir Putin that would help ensure the dominance of his right-wing Serbian Progressive Party.
The president and his mainstream media have accused the students of working under orders from foreign intelligence services to overthrow the authorities while pro-government thugs have repeatedly attacked protesting citizens.
No incidents were reported during the 15-minute traffic blockades on Friday that started at 11.52, the exact time of the canopy collapse in Novi Sad.
During a blockade last week in Belgrade, a car rammed into protesting students, seriously injuring a young woman.
Serbian universities have been blockaded for two months, along with many schools. A lawyers’ association also has gone on strike but it remained unclear how many people stayed away from work in the state-run institutions on Friday.
As well as Belgrade and Novi Sad, protest marches were also held Friday in the southern city of Nis and smaller cities, and even in Jagodina ahead of Vucic’s arrival.
“Things can’t stay the same anymore,” actor Goran Susljik told N1 regional television. “Students have offered us a possibility for a change.”
Serbia’s prosecutors have filed charges against 13 people for the canopy collapse, including a government minister and several state officials. But the former construction minister Goran Vesic has been released from detention, fueling doubts over the probe’s independence.
The main railway station in Novi Sad was renovated twice in recent years as part of a wider infrastructure deal with Chinese state companies.

Ukraine to evacuate more children from frontline villages

Updated 46 min 44 sec ago
AFP
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Ukraine to evacuate more children from frontline villages

  • “I have decided to start a mandatory evacuation of families with children” from around two dozen frontline villages and settlements, Donetsk region governor Vadym Filashkin said
  • Around 110 children lived in the area affected
Updated 46 min 44 sec ago
AFP

KYIV: Ukraine on Friday announced the mandatory evacuation of dozens of families with children from frontline villages in the eastern Donetsk region.
Russia’s troops have been grinding across the region in recent months, capturing a string of settlements, most of them completely destroyed in the fighting since Russia invaded in February 2022.
“I have decided to start a mandatory evacuation of families with children” from around two dozen frontline villages and settlements, Donetsk region governor Vadym Filashkin said on Telegram.
Around 110 children lived in the area affected, he added.
“Children should live in peace and tranquility, not hide from shelling,” he said, urging parents to heed the order to leave.
The area is in the west of the Donetsk region, close to the internal border with Ukraine’s Dnipropretovsk region.
Russia in 2022 claimed to have annexed the Donetsk region, but has not asserted a formal claim to Dnipropretovsk.
The order to leave comes a day after officials in the northeastern Kharkiv region announced the evacuation of 267 children from several settlements there under threat of Russian attack.

Topics: Russia-Ukraine Conflict Ukrainian children Donetsk

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Trump to visit disaster zones in North Carolina, California on first trip of second term

Updated 24 January 2025
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Trump to visit disaster zones in North Carolina, California on first trip of second term

  • The president is also heading to hurricane-battered western North Carolina
Updated 24 January 2025
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WASHINGTON: President Donald Trump is heading into the fifth day of his second term in office, striving to remake the traditional boundaries of Washington by asserting unprecedented executive power.
The president is also heading to hurricane-battered western North Carolina and wildfire-ravaged Los Angeles, using the first trip of his second administration to tour areas where politics has clouded the response to deadly disasters.

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Kyiv says received bodies of 757 killed Ukrainian troops

Updated 24 January 2025
AFP
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Kyiv says received bodies of 757 killed Ukrainian troops

  • The exchange of prisoners and return of their remains is one of the few areas of cooperation between Moscow and Kyiv
Updated 24 January 2025
AFP

KYIV: Kyiv said Friday it had received the bodies of hundreds of Ukrainian troops killed in battle with Russian forces, in one of the largest repatriations since Russia invaded.
The exchange of prisoners and return of their remains is one of the few areas of cooperation between Moscow and Kyiv since the Kremlin mobilized its army in Ukraine in February 2022.
The repatriation announced by the Coordination Headquarters for the Treatment of Prisoners of War, a Ukrainian state agency, is the largest in months and underscores the high cost and intensity of fighting ahead of the war’s three-year anniversary.
“The bodies of 757 fallen defenders were returned to Ukraine,” the Coordination Headquarters said in a post on social media.
It specified that 451 of the bodies were returned from the “Donetsk direction,” probably a reference to the battle for the mining and transport hub of Pokrovsk.
The city that once had around 60,000 residents has been devastated by months of Russian bombardments and is the Kremlin’s top military priority at the moment.
The statement also said 34 dead were returned from morgues inside Russia, where Kyiv last August mounted a shock offensive into Russia’s western Kursk region.
Friday’s repatriation is at least the fifth involving 500 or more Ukrainian bodies since October.
Military death tolls are state secrets both in Russia and Ukraine but Ukrainian President Volodymyr Zelensky revealed last December that 43,000 Ukrainian troops had been killed and 370,000 had been wounded since 2022.
The total number is likely to be significantly higher.
Russia does not announce the return of its bodies or give up-to-date information on the numbers of its troops killed fighting in Ukraine.

Topics: Ukraine-Russia war

EU says it is ready to ease sanctions on Syria

Updated 24 January 2025
AP
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EU says it is ready to ease sanctions on Syria

  • The top EU diplomat said the EU would start by easing sanctions that are necessary to rebuild the country
Updated 24 January 2025
AP

ANKARA: The European Union’s foreign policy chief said the 27-member bloc is ready to ease sanctions on Syria, but added the move would be a gradual one contingent on the transitional Syrian government’s actions.
Speaking during a joint news conference in Ankara with Turkiye’s foreign minister on Friday, Kaja Kallas also said the EU was considering introducing a “fallback mechanism” that would allow it to reimpose sanctions if the situation in Syria worsens.
“If we see the steps of the Syrian leadership going to the right direction, then we are also willing to ease next level of sanctions,” she said. “We also want to have a fallback mechanism. If we see that the developments are going to the wrong direction, we are also putting the sanctions back.”
The top EU diplomat said the EU would start by easing sanctions that are necessary to rebuild the country that has been battered by more than a decade of civil war.
The plan to ease sanctions on Syria would be discussed at a EU foreign ministers meeting on Monday, Kallas said.

Topics: Syria EU

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