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Don Tapscott Predicts “Blockchain Davos” at World Economic Forum

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Don Tapscott Predicts “Blockchain Davos” at World Economic Forum

Don Tapscott Predicts */

– The World Economic Forum (WEF) Annual Meeting begins this week in Davos, Switzerland, featuring globally recognized blockchain authority Don Tapscott as a key participant.His involvement comes at a time where blockchain technology is largely seen as the major topic of emphasis for this year’s meeting.Tapscott will also be keynoting the 5th Annual WISeKey Cybersecurity Roundtable at Davos , presenting on the topic of blockchains and the Internet of Value.
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China’s Xi invokes Gettysburg Address in defense of free trade at World Economic Forum

China's Xi invokes Gettysburg Address in defense of free trade at World Economic Forum*/

– China’s President Xi Jinping speaks during bilateral talks with the Swiss president on Jan. 16.(Photo: AFP)DAVOS, Switzerland — In a sign of China’s rising global ambitions, Chinese President Xi Jinping appearing center stage at the World Economic Forum here Tuesday gave a forceful argument for globalization as a driver of growth and pushed back against talk of protectionism that emerged during the U.S. presidential campaign as a hallmark of President-elect Donald Trump’s economic policy.”No one will emerge as a winner in a trade war,” he told the capacity crowd of 1,250 world leaders, politicians, CEOs and media assembled in the Swiss Alps.
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Over 100 From India To Attend World Economic Forum Meet Tomorrow

Over 100 From India To Attend World Economic Forum Meet Tomorrow*/

– World’s rich and powerful people, including over 100 from India, as well as government heads from the UK, China, Pakistan and Bangladesh will be in this Swiss ski resort for 5-day World Economic Forum (WEF) Annual Meeting beginning tomorrow to hold discussions on global economy and need for a ‘responsive and responsible leadership’.Union Ministers Nitin Gadkari and Nirmala Sitharaman, Niti Aayog’s Arvind Panagariya, DIPP Secretary Ramesh Abhishek and Andhra Chief Minister Chandrababu Naidu are among the prominent attendees from India at the elite talkfest, where Modi government’s demonetisation move, as also the fear of ‘de-globalisation’ in the wake of Trump Presidency in the US, will be among key topics of discussion.There will be a special session on India where the panelists will discuss the country’s anti-corruption and tax reform programmes and how inclusive the results can be.Besides, more than 100 Indian CEOs and business leaders, including the next chief of Tata Group N Chandrasekaran, will be present at the event which will see overall more than 3,000 participants from more than 100 countries, including 1,200 CEOs, the biggest such gathering ever, who will huddle over important economic and geo-political issues before the world.There will be an estimated 300 public figures, including more than 50 heads of state and government, and many participants from media, academia, and NGOs.Over the next five days in snow-laden Davos, where the temperature could fall to as low as minus 20 degrees, the 47th Annual Meeting of the World Economic Forum (WEF) will be held amid a growing focus on fight against terror across the world, including Europe, and would incidentally end on the day when Donald Trump assumes office of the US President.Top global leaders expected to be present include British Prime Minister Theressa May and Chinese President Xi Jinping, who will open the meet along with Swiss President Doris Leuthard, even as some others like German Chancellor Angela Merkel, Canadian Prime Minister Justin Trudeau and South African President Jacob Zuma will give this year’s annual jamboree of the rich and powerful a miss.Jinping will be the first Chinese President to attend the 47-year-old summit, which will also see presence of Pakistan President Nawaz Sharif, Bangladesh PM Sheikh Hasina and Sri Lankan Prime Minister Ranil Wickremesinghe from the region.Former Pakistani Army Chief Raheel Sharif will also be there.Ahead of the summit, the WEF said economic inequality, societal polarisation and growing environmental dangers are the top risks facing the world over the next 10 years while India alone can see this year a staggering 93 per cent holding jobs without social security benefits.These would be among the key issues to be discussed by the world leaders at the meeting.”Trends such as rising income inequality and societal polarisation triggered political change in 2016 and could exacerbate global risks in 2017 if urgent action is not taken,” the WEF said.The annual study further noted that key drivers of these risks can be arrested or reversed through building more inclusive societies, for which international cooperation and long-term thinking will be vital.The Summit will also see a host of bilateral meetings on the sidelines, including by Mr Gadkari and Mr Sitharaman, who would also meet Swiss Minister for Economic Affairs Johann N Schneider-Ammann on efforts to conclude the long-pending EFTA free trade agreements.Switzerland will also host the traditional informal WTO ministerial meeting, with around 30 participants including from India, which will work towards concrete results at the upcoming ministerial conference in Buenos Aires in December.
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World Economic Forum Meet Begins With Call For Responsible Governments

World Economic Forum Meet Begins With Call For Responsible Governments*/

– World Economic Forum’s Annual Meeting began in Davos on Monday evening with call for governments to be ‘responsive and responsible’ in the backdrop of falling trust in all kinds of institutions and various studies painting a dismal picture for India including on inclusive development, rich-poor gap and talent competitiveness.The 47th edition of the yearly talkfest of rich and powerful began with a welcome address by WEF founder Klaus Schwab and felicitation of celebrity singer Shakira, among others, for her work towards promoting education, followed by a musical concert by violinist Anne-Sophie Mutter.The formal sessions will begin tomorrow morning and would be opened by Swiss President Doris Leuthard along with Chinese President Xi Jinping.A large Indian delegation is also here with over 100 CEOs including Tata group’s next chief N Chandrasekaran for the event, though China’s presence is huge with Jinping being the first Chinese President to attend Davos meet.Union Ministers Nitin Gadkari and Nirmala Sitharaman will be in Davos along with other senior government officials, including DIPP Secretary Ramesh Abhishek, while Andhra Pradesh Chief Minister N Chandrababu Naidu is also leading a big team from his state.NITI Aayog Vice President Arvind Panagariya has cancelled his visit but CEO Amitabh Kant would be coming for this global elite meet of leaders from politics, business, academia and civil society among other areas.The annual meet, coming against the backdrop of uncertainties worldwide on different fronts, would have discussions on global economy and need for a ‘responsive and responsible leadership’.However, various reports released today did not paint a rosy picture for India and the current state of the world.India has been ranked 60th among 79 developing economies, below neighbouring China and Pakistan, in the inclusive development index, as per WEF’s ‘Inclusive Growth and Development Report 2017’ released on Monday.Addressing heads of states and governments from across the world and other leaders, WEF Executive Chairman Klaus Schwab said, “We are at the very interesting point today”.China has a big delegation this year as also from India and other BRIC countries, he said, adding that it is very important that all decision makers have to act and have a vision for the future.
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