Former U.S. President Bill Clinton and UN Special Envoy to Haiti made a big push for immediate aid and sustained investment to assist the Caribbean country. Since the devastating earthquake struck the poor nation in January 12th, the death toll estimated at 170,000 and one million left homeless.
With so much of the focus on developing a worthy rival to Apple's iPhone , it's no surprise that Google's attempt has been in focus. The tech titan launched its Nexus One in January, a phone dubbed as "a convergence point for mobile technology, apps and the Internet."
Maria Bartiromo caught up with Google's President of Global Sales Operations & Business Development Nikesh Arora at the World Economic Forum's annual meeting. Even though there has been a flood of new smartphones being launched, Arora said that all of this is "useful from a mobile data perspective." For Google and Arora, the mobile phone is "now a manifestation of what you do on your desktop."
While WEF runs, technically, until the Sunday, the big exodus starts around Saturday afternoon. And the train is the best way to gauge the sentiment and see people in a less formal setting.
Mingling with the world’s most prominent business leaders, politicians and regulators isn’t usually an easy task, but it became a wonderfully cozy business during Thursday’s “CNBC/FT Nightcap” party at Davos’ glitzy Belvedere.
China brought the question “are we moving West to East?” to Davos. But the move is not just West to East, it’s North to South, Renault Nissan CEO Carlos Ghosn told CNBC.
“Dr. Doom” isn’t cutting it anymore for Nouriel Roubini.
Take Davos, add banking and there is well-argued debate about the need to balance new regulation that can prevent another meltdown without stifling innovation in banking and free markets.
“China is here, Mr. Burton.”
That’s my favorite quote from the vastly underrated “Big Trouble in Little China.” (Just because of Kurt Russell’s response: “China is here … you, know I don’t even know what the hell that means.”)
For once, Davos attendees had a good excuse for looking bleary-eyed in the morning. They weren’t at the Piano Bar, they were up at 3 a.m. watching Barack Obama's State of the Union address.
Billionaire financier George Soros has often been looked as an authority on where global market stands. Soros sat down with Bartiromo for a look at the U.S. economy, China and more importantly, where investors can find opportunities.
BARTIROMO: How do you see things right now, in terms of the environment globally speaking and in the U.S. right now. Where are we in the cycle?
GEORGE SOROS: The markets are now stabilized. The premiums have shrunk back to normal levels. So that's fine. And the economy has begun to move forward. But it's only moving forward because it's pushed by the stimulus. And that's particularly true in the United States. At the same time now, there's increasing concern about the budget deficit and the growing national debt. And that will stand in the way of additional stimulus. And that creates-- I think a real threat-- of a double dip.
BARTIROMO: What are your thoughts on the President's proposals in the banking industry?