from davos switzerland. davos is a municipality in the country honor of carbon or great song at 1560 meters it's the highest town in europe and home to one of its rulings biggest ski resorts with 6 main ski areas totaling 320 kilometers of slopes. good morning i got 30 today to hit the slopes and everyone else. the full day of skiing it's time to have some tough stuff in charge of the team. he made the comment about a lot of celebrities. but one of the folks at. the time for us to state it was ice skating rink. so for some of the folks here. to look out for elegant crystal. looking up to a little while ago saying we bought the car we're getting there we're getting better. place. such a place is a big 00 but. we're not taking to despair it was called. today we're on bejar called charm which is another really popular ski and snowboard spot right next to the host city center and i've heard the word pull down that. i'm not talking about so much. that i'm. going to the dentist my experience being to come to my ne

from davos switzerland.davos is a municipality in the country on earth groban good or great song at 1560 metres it's the highest town in europe and home to one of its rulings biggest ski resorts with 6 main ski areas totaling 320 kilometers of slopes good morning i got up 30 today to get to so everyone else. after a full day of skiing it's our time to have some pasta charger which. you may feel uncomfortable about obviously brings up some of the family. time for us to stay decisive getting ready. for some little hope this year. that looks so elegant christmas just. looking up to a little while it is likely. to be getting that we are getting back to. the full plate thanks to your load. we're now taking some dyspeptic it's called. the day we're on the yard called song which is another really popular ski and snowboard spot right next to the horse sometimes and i've heard the word pull down that. are not about to let. you go i'm. going to go because my experience being to come to my next stop. the island of blue

from davos switzerland.davos is a municipality in the country on earth go bend or crease song at $1560.00 metres it's the highest town in europe and home to one of switzerland's biggest ski resorts with 6 main ski areas totaling 320 kilometers of slopes. good morning i got up 33 to get to so everyone else. after a full day of seeing it sometimes i have some hostile charges which. mention. being a comment about celebrities on the field of play let's. listen for us to step in this ice skating rink. where some of the folks here. looks so elegant interested. enough to get a little while with a slightly off topic. for getting that we're getting back. to. the big legislative fix here. we're now taking these bets it's called blogging. today we're on the yacht club song which is another really popular ski and snowboard spot right next to the horse center and i've heard the word pull down that. i'm not. going to let. go this much mysteriously to come to my next stop. the island of blues is got to know it's the island

from davos switzerland.divorces a municipality in the country on earth go bend or crease on that 1560 meters it's the highest town in europe and home to one of its rulings biggest ski resorts with 6 main ski areas totaling 320 kilometers of slopes. good morning i got 33 to get the slopes and everyone else. after a full day of seeing it sometimes i have some tough stuff in charge of trying. to. play some comment about the slaves on the front of the plane but. the time for us to sit in this ice skating rink. and so far have some little hope to see a lot of folks so elegant christmas cheer. looking up to get a little while ago saying we. are getting there we are getting to. play . the full plate thanks to your loads. we're now taking the spec it's called a blog. today we're on the yard called song which is another reason. ski and snowboard spot right next to the host city center and i've heard the word all down that. i'm not about to let. the guard. know. it's going to come to my next stop. on the island of los

you know we need to pursue this a globalist agenda and i think that's a big shot in the eye of the davos proof but ultimately it still says he how do you generate any kind of popular support for a movement that is so anti human. in clan in the same time here meaning they never let it a crisis motorways the ministers away you kind of sell the new indeed the new green deal ok because this is the the messaging mechanism ok it's the the agenda is out there need already discussed it need be defined very clearly but then they make up on they mean the green new deal and this is how they're going to push it through because it's global it has good intentions and it is creating a vision of the future that again that sounds very nice year when a group of course you know one of the one of the costs and what if you disagree see that's the fundamental question in dealing with build back better and the result is what if you disagree because it seems to me it's in milton inherently is not to allow dissent go ahead. yes it will again a lot of these discussions were held before the coded crisis and becaus

and our globe trotter will show us the winter sports paradise around davos in switzerland. and was. founded in $1234.00 and was a member of the mediæval trading alliance the hanzi attic league it's now symbolized by the magnificent brick gothic architecture built at the time it's also why shawls and was declared a unesco world heritage site in 2002. and the court you'll find a real eye catcher that gore's fuck a former training sailing boat built in 1933 if these planks could talk the captain's cabin has seen german russian and ukrainian scampers rest their heads. the vessel was built and hamburg and was given to the soviet union as reparation after world war 2 in 1901 it became property of the ukrainian merchant navy. since 2003 the course fox has been back in its original harbor serving 1st and foremost as a museum the vessel which is not sea worthy anymore is maintained by an association that hopes to one day bring the old lady back to see. the building you see right behind me was built several decades after the fault but it's just as impressive since opening its doors in 2008 th

and our globe trotter will show us the winter sports paradise around davos in switzerland. charles and was founded in 1234 and was a member of the mediæval trading alliance they had sciatic league it's now symbolized by the magnificent brick gothic architecture built at the time it's also why shawls and was declared a unesco world heritage site in 2002. and the port you'll find a real eye catcher the gorge fuck a former training sailing boat built in 1933 and these planks could talk the captain's cabin has seen german russian and ukrainian skippers rest their reading at. the vessel was built and hamburg and was given to the soviet union as reparation after world war 2 in 1901 it became property of the ukrainian merchant navy. since 2003 the course fox has been back in its original harbor serving 1st and foremost as a museum the vessel which is not sea worthy anymore is maintained by an association that hopes to one day bring the old lady back to see. the building you see right behind me was built several decades after the gores fought but it's just as impressive sins' openi

and our globe trotter will show us the winter sports paradise around davos in switzerland. stralsund was founded in 1234 and was a member of the mediæval trading alliance they had sciatic league it's now symbolized by the magnificent brick gothic architecture built at the time it's also why shawls and was declared a unesco world heritage site in 2002. and the port you'll find a real eye catcher that boys fuck a former training sailing boat built in 1933 and these planks could top the captain's cabin has seen german russian and ukrainian skippers rest their weary heads. the vessel was built in hamburg and was given to the soviet union as reparation after world war 2 in 1901 it became property of the ukrainian merchant navy. since 2003 the corps fock has been back in its original harbor serving 1st and foremost as a museum the vessel which is not sea worthy anymore is maintained by an association that hopes to one day bring the old lady back to see. the building you see right behind me was built several decades after the gores fought but it's just as impressive sins' opening

stop to that not all that long ago it was a rather time that she jumping announced to investors in davos switzerland at the world economic forum that the chinese were set on becoming the globe's green ambassadors did they want to clean up their act they also wanted to become leaders in take out official intelligence and robotics well they've already achieved that they still love the germans for their cars and industrial machines for how much longer. the issue all along is the. massive and dagger runs the chinese operations of e.b.m. pops to a german manufacturer of electric motors and fans his task is to grow the business but how does that work we hear a lot about unfair constraints on foreign firms in china. or this is it shanghai factory e.b.m. pabst has been selling fans in china since the mid 1990 s. sales have been growing continuously even during the pandemic but things have got a little difficult lately because beijing has unveiled some new industry standards you know awful who is trying to introduce its own standards to just a dock european or american ones but now china wants to

for themselves i mean if you look at some of the documents produced by the world economic forum in davos it's pretty clear that you know corporate elites blame all the social ills on governments how do you see these very real tension between national and transnational elites evolving in the next 10 years i think that the nation of these will be winning for the time being i've been in the business for long as i remember when people for a brother sighing that does us all corporations. and juice will run the world. was young person i was also in fear in the fate aided by these ideas where these term social corporations they're fighting for the turf but now they have moved. almost all of them are marching on the command of the of the governments of strongest country as. if they if countries are weak in then of course they will be . even further but this time not by the transnational corporations by the but they're from social corporations more and more governed by governments and these the so i mean so and it will be very expensive. commodity and only a few countries will be. oh affords russ

china's president xi jinping was the opening speaker at this year's virtual davos meeting exuding confidence and positioning beijing as the world's greatest champion of global cooperation and their strong desire to show us up here already are you know the chinese. too said to give. examples that show why perhaps i'm a 20 a century democracies were huge and useful and good but now for the 21st century vienna only systems that are really suitable to face the challengers of the century are systems that are closer to the chinese. u.s. president joe biden has made his debut on the world stage for him to push back at that idea saying to mock received will and must prevail. and germany's angela merkel says that the west must now engage in this unfolding competition that's up to somebody it's important that it's not only china and russia by delivering vaccines to developing countries the and fix them stand there isn't 50 it might seem like madness that lining up for a vaccine can mean picking sides in a geo political battle but that is shaping up to be our new reality a battle for influence and even

a stop to that not all that long ago it was a rather time that she jinping it outs to investors in davos switzerland at the world economic forum that the chinese were set on becoming the globe's green ambassador it's needed they want to clean up their act they also wanted to become leaders in take out official intelligence and robotics well they've already achieved that they still love the germans for their cars and industrial machines for how much longer. the issue all along is. this massive and bag of runs the chinese operations of e.b.m. pops to a german manufacturer of electric motors and fans his task is to grow the business but how does that work we hear a lot about unfair constraints on foreign firms in china. or this is it shanghai factory e.b.m. parts just been selling fans in china since the mid 1990 s. sales have been growing continuously even during the pandemic but things have got a little difficult lately because beijing has unveiled some new industry standards you know office who is trying to introduce its own standards used to just to dock european or american ones but no

we're what what we see and what you just alluded in davos in the desert you know m b s's investment conferenceand in the 2 years following that to show you murder that here all these investment banks big goldman sachs a credit suisse or k p m g you know or the questioners or heads of government or you know even as we saw you know recently you know with with former prime attire and prime minister mattel renzi you know coming to saudi arabia and you know calling this the new renaissance right that that that we see that the money the true just money and investment. is going to and continues to take place over human rights and and the same can be said in regards to china you know the same can be said in in regards to you know so many countries in the world where the money is too big to pass up and you know and abuses like this are murders like this. you know these companies or governments in the case of selling weapons or trade deals with ever are willing to look the other way because of the financial interests and so it's a it's a very perilous road that i don't see an easy solution for and even

i just came back from thomas, -- have us -- davos, the world economic forum. when i was at davos, i became very convinced this was going to be a pandemic. a rumor calling my assistant -- i remember calling my assistant. i was on my way to go to germany for a business trip. this is the long phrase to go -- this was the wrong place to go. literally, i spent a sunday on a plane going to d.c. and met with the department of defense in the meeting -- in the evening when i landed. then i went to the campus. they said, how do we get the vaccine approved for september? she looks at me, september? and it was a mistake. she said, what are you talking about? it was a good working session. she was really amazing. she talked to her team. she was saying, take a look at this. i do not know how to -- and then what was really remarkable is the collaboration, the creativity. i am really humbled. i've been in this industry for 25 years. i have never seen something like this. i hope i never see something like this again. but we will improve collaboration between the regulators and

putin at the recent davos summit that we already had tendencies before the onset of it massive inequality the vast majority of the publics in the the west and the rich advanced industrialized well the vast majority were gainey receiving no benefits at all from capitalism but this as the intensified by cove it in which has been great impulse. from the middle tosses the great masses and fantastic accumulation of wealth on the power of big say big data is of the giant got graciousness so without me out at the end of this bit with vos there is a middle class just simply having been wiped out and you know the the big take the big you know the giant corporations were already had massive file the full on now even more powerful and you know as we have seen. particularly during the day use us election they intend to use it in a very tough isn't way. this is indeed a very serious problem yeah but george you know to finish up with you here i mean again what if you say no i don't want to be part of this here ok and what happens if it's not something you can vote on ok i mean they did that you know it

there was no davos this year. her acute knowledge of the hydrocarbon.see in the region -- the research is a split between a western developed world in recovery and everybody else not. synthesize that. are we really detached, developed world, and everybody else, or we -- are we in this economic growth together? >> great to be with you this morning. i think this time around, it depends entirely on whether we move out of this inequality you were just talking about in which jerome powell and the rest of the fed, for the first time in a long time, facing down. the fed's job has always been to deal with monetary policy. we are hearing them deal more with income inequality. u.s., europe versus american markets? the tale of two cities has become more complicated. in emerging markets, you cannot bunch american markets together anymore. china has its own dynamic. the rest of emerging markets, depending on what kind of sectors, whether they have vibrant technology sector, whether they are dealing with semi conductors, like taiwan and korea, versus making leapfrog'

stop to that not all that long ago it was a rather time that she jumping and outs to investors in davos switzerland at the world economic forum that the chinese were set on becoming the globe's green ambassadors did they want to clean up their act they also wanted to become leaders in take out official intelligence and robotics well they've already achieved that they still love the germans for their cars and industrial machines for how much longer. the issue all along is the. massive and dagger runs the chinese operations of e.b.m. pops to a german manufacturer of electric motors and fans his task is to grow the business but how does that work we hear a lot about unfair constraints on foreign firms in china. or this is it shanghai factory e.b.m. pabst has been selling fans in china since the mid 1990 s. sales have been growing continuously even during the pandemic but things have got a little difficult lately because beijing has unveiled some new industry standards you know office who is trying to introduce its own standards used to just to dock european or american ones but now china w

right from the very top china's president xi jinping was the opening speaker at this year's virtual davos meeting exuding confidence and positioning beijing as the world's greatest champion of global cooperation and their strong desire to show it was a curiosity are you a chinese. too said to give. examples that show why perhaps on the 20th century democracies were huge and useful and good but now for the 21st century vi only systems that are really suitable face the challengers of the century are systems that are closer to the chinese. u.s. president joe biden has made his debut on the world stage vowing to push back at that idea saying democracy will and must prevail. and germany's angela merkel says that the west must now engage in this unfolding competition that's up to somebody it's important that it's not only china and russia that have been living vaccines to developing countries the and fix them stand there isn't 50 it might seem like madness that lining up for a vaccine can mean picking sides in a geo political battle but that is shaping up to be our new reality a battle for infl

stop to that not all that long ago it was a rather time that she jinping announced to investors in davos switzerland at the world economic forum that the chinese were set on becoming the globe's green ambassadors. they want to clean up their act they also wanted to become leaders in take out official intelligence and robotics well they've already achieved that they still love the germans for their cars and industrial machines for how much longer. all the world is. this massive and bad guy runs the chinese operations of e.b.m. pops to a german manufacturer of electric motors and fans his task is to grow the business but how does that work we hear a lot about unfair constraints on foreign firms in china. or this is it shanghai factory e.b.m. pabst has been selling fans in china since the mid 1990 s. sales have been growing continuously even during the pandemic but things have got a little difficult lately because beijing has unveiled some new industry standards norful china is trying to introduce its own standards to just a doctor european or american ones but now china wants to assume a g

right from the very top china's president xi jinping was the opening speaker at this year's virtual davos meeting exuding confidence and positioning beijing as the world's greatest champion of global cooperation and their strong desire to shows up here and already are you know the chinese. too said to give. examples that show why perhaps in the 20th century democracies were huge and years well and good but now for the 21st century be only systems that are really suitable face the challengers of the century are systems that are closer to the chinese. u.s. president joe biden has made his debut on the world stage vowing to push back at that idea saying democracy will and must prevail. and germany's angela merkel says that the west must now engage in this unfolding competition. that's up to somebody it's important that it's not only china and russia littering vaccines to developing countries the and fix them for $10050.00 it might seem like madness that lining up for a vaccine can mean picking sides in a geo political battle. but that is shaping up to be our new reality a battle for influenc

[laughter] tom: jon ferro, techno-king dancing in davos. let's get to it with kevin cirilli.na is in the news beneath the radar. a couple days, it will be front and center. there is a heritage goes back to world war ii. it dropped down by the japanese to pearl harbor long ago and far away. what is the symbolism of the secretary of state, secretary of defense going to anchorage to meet with the chinese? kevin: significant. it is the first meeting in terms of what the broader strategy will be for the united states in the next two to four years. it comes in a time where lawmakers in both parties on capitol hill are raising concerns about china from a domestic supply chain perspective with a semi conductor chip shortage. also, with the looming beijing games. the united states should boycott the games, is what is being said. as far as what the rhetoric goes from a broader decoupling perspective, not just away from china, but toward european allies. for the secretary, who had some level of -- not just in changing tone success, but attracting european counterparts to get back in coh

then they sent the largest delegation ever to davos.hina and allowing their citizens to travel unrestricted across the world. the "new york times" reports that 430,000 people traveled from china to the united states after the coronavirus was known about in china. >> there's a big -- going on in wuhan, 5 million people going in and leaving wuhan on domestic and international flights. >> when they shut down hubei province, they shut down flights out of that province throughout china. they did not shut down international flights. those flights were going to italy, three a week from wuhan alone. >> the who's complicit as well to some extent, when they gave positive remarks to china, late january, said china's handling this really well. it is not transmitted human to human, which it was, and by that time, it was already going into international travel. maria: sensing a potential threat from this virus, on january 31st, president trump restricted all travel from china, a move he was highly criticized for at the time, but has now been recogniz

blustery and very gusty winds over some of the mountain tops 62 mile an hour gusts reported about davos elite a 56 mile an hour gust fairfield. yet a 40 mile an hour gust in san jose writes of the urban areas. 38 mile an hour gusts 37 mile an hour gust. the oakland hills an sfo reporting a gust of 36 miles per hour overnight tonight, those winds likely to subside and that's the good news. and you see that still that normally when i think the strongest winds probably be found in some of the north bay, the east bay mountains. they could still gust over 40 miles per hour, then it's going to calm down you knows that normally direction. everything is goin to shift those we head toward tomorrow afternoon. all of a sudden you see that sea breeze kicked back in. so some of that offshore wind you get the sea breeze kicking in. that is going to cool down the temperatures along the coastline and maybe bring a little fog back out toward the beaches but not before we squeeze in a pretty nice day temperatures up in the 60's and the 70's probably cooling down partly cloudy skies on thursday as we do h

china's president xi jinping was the opening speaker at this year's virtual davos meeting exuding confidence and positioning beijing as the world's greatest champion of global cooperation and their strong desire to show it was superior already our you know the chinese. too said to give. examples that show why perhaps i'm a 20 year century democracies were cute and useful and good but now for the 21st century vi only systems that are really suitable to face the challengers are rather century are systems that are closer to the chinese of u.s. president joe biden has made his debut on the world stage for him to push back at that idea saying democracy will and must prevail. and germany's angela merkel says that the west must now engage in this unfolding competition that's up to somebody it's important that it's not only china and russia but i deliver in fact seems to developing countries the and fix them stand there isn't 50 it might seem like madness that lining up for a vaccine can mean picking sides in a geo political battle. but that is shaping up to be our new reality a battle for influence

hello i'm convinced this is the news our live from davos coming up next 60 minutes the european union's medicine regulator says the benefits of oxford astra zeneca vaccine outweighs the risks and there's no indication that it caused reported blood clots. the people of myanmar will be forced to defend them so the un envoy for me and parliament speaks to al-jazeera and calls for international action . the netherlands goes to the polls for the 1st major electoral test for coronavirus policies in view of. and sport one of football's biggest names says he's ready to have one last shot at the world cup 5 years after quitting international football zlatan abraham of the edges back in the sweden team. the european medicines agency says it's firmly convinced the benefits of the astra zeneca shot outweigh the risks the agency commissioned an investigation into a few reports of blood clots and people have gotten the vaccine a number of countries have temporarily suspended their use of the product the e.u. review should conclude on thursday that the agency says there's no indication the vaccine is

can tell from you a customer standpoint and employee standpoint this environmental focus is big at davosenvironmental focus, and docu-sign as a supplier can be part of that overall effort. we have seen positive feedback from those cite sides. from an investor's standpoint i think people check that box. i don't know how much is driving their investment decisions but clearly it is something they are positive about us having >> dan, thank you for joining us good to check in with you. >> thanks for having me. cheers >> docu-sign we have got 25 minutes left to go before the bell here's are where we stand. nasdaq approaching the lowest point of the session as we speak. technology is under pressure we are seeing the dow remain higher, but, again, well off the highs, up only one third of 1% thanks to honeywell, sat pillar, nike and 3m. s&p 500 dipped down .2 it is weighed down by communication services, consumer discretionary and technology. >>> up next, find out which wall street firm is paying out bonuses and raises to mid and entry level investment bankers entry level investment bankers at go

you heard the health minister nadeem davos during breakfast interviews, didn't we and she said that 1% year, but that is all that can be afforded. well, it is a nonsense argument, isn't it? i mean, this is the same government that has chosen to commit £38 billion of public funds, taxpayer's money, to their privately outsourced and failing test and trace system. they could find £38 billion for that but they can't find enough money for at least a token pay rise to all those thousands of nurses and carers and porters who have given their all under the most hellish circumstances. we have been surrounded by death and dying for the last year and it is a political choice not to give us that pay rise. it is not economic necessity. there is always money for what they want to spend it on, it is just that they don't want to spend it on nhs staff. when this is examined by the independent pay review body you are obviously hoping that they will recommend a greater amount in terms of a pay rise. do you think the government then will be in a position where it can refuse that. —— can't refuse that? i p

i've never been to davos, i will never go, don't appreciate that kind of thing, really don't like sitting your show. and and and she was ruined. and the next time in los angeles i will go, are you with me? >> 20% for the tip. and not sure of the fear brands. we should be cloned, can you handle the clone, >> and >> you wrote it, didn't you. stuart: i did not. thank you very much. i want to see some criticism. i don't want hate mail, we get enough of that. what is wrong with the show. sending your messages please and we will let susan answer them. thanks to everyone who responded, keep sending us your feedback, i guarantee more varney after this. the best pri, which saved investors over $1.5 billion last year. that's decision tech. only from fidelity. mom and dad left costa rica, 1971. and in 1990, they opened irazu. when the pandemic hit, pickup and delivery was still viable. and that kept us afloat. keeping our diners informed on google was so important. the support from our customers, it honestly kept us going. i will always be grateful for that. (vo) ideas exist inside you, electrify yo

this is a warning that was founded by xi jinping when he spoke in front of business elites in davos.to do business in china, it must be expense of american values. so yet it is ultimately up to corporations to say, we will not stand for the treatment of the uighurs we will not stand for slave labor. we will not stand for the treatment of hong kong. we will not stand for china trying to silence and sideline businesses and countries. if it sense of communist values, it is democracy. it is democracy over communism and until again china continues to get away with this time and again it is shutting down businesses, it is silencing critics. ultimately, it is going take the entire world to stand against china and the atrocity committed by that communist country. maria: or maybe it will require the leader of the free world to speak out and say america will not stand and watch this. we have not heard from president biden on any of these issues yet as we approach 100 days in office we're going to be watching that, of course, and we have been talking about this and spotlighting this now for upw