chairman schwab is the and founder of the world economic forum.ressab, how do we those countries wanting to reset because of the virus? dr. schwab: first, i think we have all been very effective -- governments, businesses, every individual -- so it is time to think, what does this pandemic really mean for us, not just now, where we have to find survivors, but in the long run? our house, if i may say so, has been damaged, and now is the time not to look only at how we repair it, but how we may rebuild it, because the fundamentals of the house have been substantially damaged. francine: what does it mean, you know, that we need to reset? is this rethinking our objectives? do we need to finally focus on health and climate change instead of our obsession with economic growth? dr. schwab: i think the objective should be to make our societies more resilient, more inclusive, and also more sustainable, which means we have now an opportunity with all of 7 trillion,, the which have been committed by governments, not only just to repair the damage that has be

world need to know about this new technology how leap presented his face what studio at the world economic forum in davos the most important thing is actually that people know that this is possible right if they wouldn't know because usually be fooled if they know that their ways to actually create to manipulation is extremely believable then you know we will have some we have protection honestly i have to say that both experts hunted for it and how we have managed to call my worries about defects a little fake news has always been a huge problem not just today but the perfect technology it's not even necessary for it. the more people are aware of the possibilities to manipulate the news the better they can deal with misinformation is something true or false that's not a question of deep fakes what do you think are you scared of manipulative videos or is this all just a storm in a teacup let us know what you think you can do this on you tube too there you can find a video of me getting my fairy own 3 d. avatar and how nice slap in los angeles i even said in the same chair s. will smith the harde

and the world economic forum meeting of business leaders and politicians is normally held in the swiss ski resort of doubles every january the coronavirus means next year's extravaganza will be held in some a instead and in digital form the meeting has been held in devon was every year since the early 1970 s. . and the past we've brought you stories of enterprising brewers turning their stock into alcoholic and was due to that they make one australian brewery has been converting its be a into something altogether different energy. the bin is flowing again at pirate brewery in adelaide belong down brought a drink a drought by. anymore it was it was tough you know what 50 percent of our sales right there just disappeared i've been on. the brewery was left with gallons and gallons of excess brew but they found a solution they sent it here to the waste water plant where it can be used to generate green energy. as anyone who's ever drank too much of it knows there is great for producing gas and that's what happens here it's mixed with sludge and the gas that creates is used in the generator

the latest numbers on the coronavirus showscases rising in europe, forcing the world economic forum toelay the dav mid-2021 at the earliest with italy, greece, and france reporting a surge in new infections. california state senate halted its session after someone in the chamber tested positive. trade chief is resigning after criticism about his attendance at a golf dinner in ireland that violated restrictions. undermined response public confidence. his exhumation comes as the eu faces the fallout from the coronavirus. he had led the eu part of the u.s. policy. headliner at the day three of the republican national convention. he will make the case for they second term for himself and donald trump, capping a night designed to emphasize the andtary, law & order, patriotism. he will address the convention the baltimore that inspired writing of the star-spangled banner. most talk as policymakers is not opposed to overshooting the 2% inflation target. the president of the kansas city fed spoke with bloomberg. 2% as anever thought of ceiling. to really stay focused on what anchors inflation

one was at the world economic forum with the general secretary of the chinese communist party. he gave a speech and a couple days later he was followed by the address of donald trump. at the conference, it was all of the top hedge fund founders, top investment advisors, banks, marketing firms, communications and all of mainstream media. he talked w about the biggest problem in the little dust rising populism and the globalization was the future that have done so well. remember the time he gave that speech because these are people whatever aspect of payroll and information business. they knew at the time the concentration camps, they knew about the house christians being persecuted and the suppression of the catholic church. they knew of every aspect of the tiananmen square movement, all of it and it didn't matter. donald trump three days later gives whats is known as the american courage of speech. he goes through a litany of the delete and what they've done according to the american crisis. now comes the hourhe of action. he disrupted the system. they praised him and condemned

areowns the world i can that's the world economic forum at davos.bsolutely owns the high ground on this. but there is something more important to talk to right, and that is they are miserable in irving, texas this morning. lisa: they are watching the storm bear down on them, which is threatening a whole host of oil reserves. let's start there, the idea that you've got these windstorms headed toward the gulf coast. how much could this disrupt oil production in the u.s.? regina: it's less of a risk on the supply side with oil production because only about 10% of u.s. reduction comes out of the gulf of mexico, and we are sitting quite pretty with regard to crude supply. the thing to keep an eye on is product supply destruction because 50% of the u.s. refined capacity comes from the texas and louisiana gulf coast, so based on the current projections with tropical storm laura projected to become a category three hurricane, you could say roughly 35% of production is in the path. i don't think it will take that capacity off-line, but there is that risk. li

contacted by the center for economic policy and the world economic forum.hey found that looking at 194 countries, those led by women had seen fewer cases of coronavirus and fewer deaths. the sample-size was too small. only 19 of those countries were led by women and that had to be adjusted for. the idea in the end was right. those led by women toned have fared better than those led by men. anderson? >> everything, thanks. >>> president trump asi suing another state. and a ban or goodyear tires even though he rides in them. and winning a republican primary a bigoted conspiracy theorist wins another one in florida. -always have been. -and always will be. never letting anything get in my way. not the doubts, distractions, or voice in my head. and certainly not arthritis. new voltaren provides powerful arthritis pain relief to help me keep moving. and it can help you too. feel the joy of movement with voltaren. feel the joy try wayf♪ r. you got this! ♪ perfect. -you're welcome. i love it. how'd you do all this? told ya! wayfair. let's talk dining tables. yes! b

what was in doubles at the world economic forum. gen z -- president xi. is the top hedge fund vendors, top investment advisors , banks, investment banks, law firms, communications and mainstream media. she talked about the biggest problem in the world was rising populism and economic nationalism and that globalization was the future. it had done so well. , whateverpeople aspect whether it is investment, law, they are in the information business. this is the 21st century's dominant business. they knew the concentration s.mps of the uigur they knew about the suppression of the catholic church. organnew about harvesting, the tiananmen square movement. they knew about all of it and it did not matter. donald trump three days later gives what is known as the american curried speech. he goes through a litany of the elite and what they have not done. action.s the hour of he was a descriptor to that system. defend trump. and he was a defense of the nationstate and how it sovereignty and a collection of alliance of liberty of sovereign nations will defeat this. the

. >>> the world economic forum was not supposed to meet until january, but they have gone ahead and decided to delay that event. the annual conference of the world's richest is now set for -- usually set in davos has been set for the summer of 2021. >>> with college students back on campuses across the country, there is ongoing fear concerning potential new outbreaks, but a new simple test could be the answer to help control the spread of the virus. vicki wynn has more. >> reporter: ais cross country, schools reversing their decision to hold in person classes, after covid-19 outbreaks. at unc chapel hill, classes halted just days after move-in. students there not tested before coming back. but at purdue university, in indiana, an unprecedented undertaking, before all 40,000 students start classes this month, they're required to take a covid test. >> testing will be very, very important and a key element of protecting our college campuses. >> reporter: purdue is one of 65 schools working with vault health, formerly a men's health company, now offering this at home covid saliva test. >> it is

. >> in the united states, the world economic forum did a survey and looked forward at the data, we're08 years away from gender equality in our own country. wow! >> to marginalize us -- >> when you talk about political power, there has been real progress there, certainly, but you still have men far outnumbered by men in political office. >> oh, absolutely. i think we are still 83rd in the world for women's representation. >> 83rd. >> and we evening haonly have af the seats in congress. so there's a long way too go. it's easy to see how much progress we have. women are now the majority voters, hoalf the economy, half the workforce. i think it's exciting to see that we are at this cusp now of women being the most powerful force in the country. >> have we made a lot of progress? yes. but, as the first woman to ever lead a fortune 50 company, if i look at corporate america today, for example, there are more men named james or john, take your pick, who are ceos in the corporate 500 than there are women. think about that. >> we went from 20 employees to 100. early on, when i founded the hone

. >> in the united states, the world economic forum did a survey and looked forward at the data, we'reway from gender equality in our own country. wow! ♪ >> to marginalize us. >> when you talk about political power, there has been real progress there too. certainly. you still have women far out numbered by men in political office. >> oh, absolutely. we are still 83rd in the world for women's representation. and we only have a quarter of the seats in congress, there's a long way to go. it's easy to see the things we haven't achieved yet. what is amazing to me is, how much progress women have made despite trying to fit into a system that wasn't ever built to have us. women are now the majority of voters, they are almost half the economy, half the workforce, and i do think it's exciting to think that we're at this cusp now. women are the most powerful political force in the country. >> have we made a lot of progress? yes. but as the first woman to ever lead a fortune 50 company, if i look at corporate america today for example, there are more men named james or john, take your pick, who a

the coronavirus pandemic has forced the world economic forum to delay its annual summit until mid-2021. we gathering is normally held each january at the ski resort. this year, it drew 3000 participants from 90 countries. next year's event, titled the great reset, was intended to discuss how to shape the post virus economy. a storm system rated as the worst in 160 years is approaching the coast of texas and louisiana with warnings of a dangerous surge and .5 million people being told to leave the area. hurricane laura, surprised by gaining 70% in strength over 24 hours and is a category four storm. packing winds of more than 200 kilometers per hour. it is expected to hit land early thursday morning, local time. mike pence is the headliner for day three of the republican national convention. he will make the case for a second term for himself and donald trump, cap being a design for law and order and patriotism. he will address the convention mchenry. global news, 24 hours a day, on air and on bloomberg quicktake, powered by more than 2700 journalists and analysts in more than 120 count

a lot of ceos these days he's been a huge proponent of the idea along with, you know, the world economic forumf having multiple stake holders, clients, communities beyond just the investors, something we talked a lot about, david, before this pandemic and the economic crisis. but clearly for our company like sales force continues obviously to be front and center my last question, maybe mark smith, i will ask you. is sales force, do you think unique or does it say something broader about enterprise technology spending right now that things continue to be strong and pick up even with the job losses we've seen and some of the economic damage >> i'm not surprised at these numbers. tech is going to continue to rule the day just like they have. and i think that 5-g and the rollout of that is more upside than clients of ours are going to be taking advantage of. infrastructure to make that happen tech is going to continue to outperform so i don't know about so much about the other sectors. i feel comfortable setting my clients in the tech space and continuing to dollar cost average there. >> thank you

to assist in tracing efforts >>> next year's big summit in davos has now been postponed the world economic forumthe major gathering of business and political leaders will happen early next summer >>> and flash floods have killed at least 72 people in afghanistan. rescuers are looking for survivors amidst the remains of 300 destroyed homes. you are up to date llee's the news update i' s you next hour "squawk on the street" is back in a minute. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. pampers the #1 pediatrician recommended brand, helps keep baby skin dry & healthy so every touch is as comforting as the first pampers. the #1 pediatrician recommended brand >>> we're all awaiting the chair's speech tomorrow at jackson hole steve caught up with us. let's get to steve >> good morning. yeah the jackson hole summit will take place virtually this year let me try to make it real yesterday. the host from kansas city, she was asked about the concern for a double dip recession >> i think that's an important risk to