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World Economic Forum reaches its final day this Friday (20)

The World Economic Forum (WEF) comes to its final day this Friday (20) in Davos, Switzerland.

The meeting, considered one of the main ones in the global calendar of annual events, had the theme “Cooperation in a fragmented world” and brought together great political, business and civil society leaders to debate some of the main issues of the global economy.

This Friday, the meetings begin at 5 am in Brasilia time (9 am, Swiss time), with debates on the prospects for the Russian economy in 2023, which has shrunk 6% in the last year.

The day also begins with roundtable discussions on how central banks have exercised monetary policy in recent months, artificial intelligence in the workplace and advances in science for solutions to global challenges, such as food shortages and renewable energy.

The main highlight of the day, however, happens at 7 am here (11 am in Switzerland).

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), Christine Lagarde, president of the European Central Bank (ECB), Kuroda Haruhiko, chairman of the central bank of Japan, and Bruno Le Maire, minister of the economy of France, are some of the names that make up the table “Global economic perspectives: is this the end of an era?”.

The panel, according to the Forum, should address what the future of global economic growth will be like and what policies are needed for it to be stabilized, amid the resumption after the most critical phase of the pandemic and the shocks caused by the war in Ukraine.

At 8 am Brasília time, Børge Brende, president of the World Economic Forum, will close the event with a panel of final remarks, in which he considers “the road ahead” for the year 2023.

Brazilian delegation in Davos

Throughout the week, the Minister of Finance, Fernando Haddad (PT), and the Minister of the Environment, Marina Silva (Rede), participated in debates on the regional economy of Latin America and climate issues involving the preservation of the Amazon, with eyes from all over the world turned to Brazil after the attacks on the Three Powers on Sunday (8).

Haddad participated in two debates. On Tuesday (17), he was part of the panel “Brazil: a new road map”, which dealt with the global economic slowdown and the challenges regarding domestic demands, and, the following day, he returned to the stage to talk about the various leaderships in America Latin America, in addition to economic policies and the region’s global role.

Marina Silva participated in the first public debate of the edition, called “In harmony with nature”, on Monday. On Thursday, the minister was part of the panel “The Amazon at a crossroads”, in which activist Greta Thunberg handed the Brazilian a letter asking oil companies to stop oil exploration.

According to the analyst of the CNN Iuri Pitta, Marina Silva and Haddad aligned with President Luiz Inácio Lula da Silva (PT) two key messages to take to the participants of the World Economic Forum: economy and sustainability will go hand in hand in government, and Brazilian democracy is solid.

In an interview with journalists on Monday, Haddad confirmed the intention, saying that “the commitment to the resumption of economic growth and to fiscal and environmental sustainability” would be reinforced throughout this week.

*With information from Fabrício Julião, Iuri Pitta and Priscila Yazbek, from CNN

Source: CNN Brasil

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