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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden in Davos and Angela Monaghan

BIZARRE: Davos 2019 financial risks and climate dangers loom over global elite business live | Mind Blowing Facts

Jacinda Ardern, Prime Minister of New Zealand, during a plenary session in the Congress Hall of the 49th annual meeting of the World Economic Forum today.
Jacinda Ardern, Prime Minister of New Zealand, during a plenary session in the Congress Hall of the 49th annual meeting of the World Economic Forum today. Photograph: Gian Ehrenzeller/EPA

Closing summary

Time for a recap after a busy day at Davos.

Today’s been largely dominated by environmental concerns, with a side order of anxiety about the world economy and Brexit

Jacinda Ardern has also joined the push; New Zealand’s PM told fellow world leaders to get on the right side of history, and embrace ‘guardianship’ of the earth.

Brazil’s president, Jair Bolsonaro, has vowed to create a ‘New Brazil’, based around slashing the size of the state.

Bolsonaro has been heavily criticised by environmental activists for his insistence on developing parts of the Amazon rainforest. Greenpeace say the right-winger is one of the main threats to the environment.

With America’s delegation grounded, Secretary of State Mike Pompeo addressed Davos by satellite link.

Pompeo hailed Brexit, along with Donald Trump’s presidency, as an example of the ‘new wave’ blowing through world politics.

People are asking questions that haven’t been asked, or taken seriously for an awfully long time.

Brexit is also causing angst in the financial community; Citi’s CEO Mike Corbat has said it will go ‘down to the wire’.

We’ll be back in the morning...

Updated

At least one of the UK’s coach-load full of ministers has been working hard at Davos....

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