Far right Brazilian strongman Jair Bolsonaro told the World Economic Forum he was opening up Brazil for business. He promised to fight corruption, invest in security and cut taxes to boost production and generate employment.
President Bolsonaro said he would present a new, investment-ready Brazil to the Davos elite. He told the forum he'd try to walk a line between business interests and environmental protection.
Globalization needs a serious update; otherwise, we're all doomed. So says the World Economic Forum — which brought us the earlier, defective versions.
Top policymakers and business leaders have flocked to Davos again for the annual World Economic Forum in the Swiss Alps. The meeting is overshadowed by trade conflicts and a resurgence of economic nationalism.
Foreign Minister Heiko Maas will discuss human rights with Brazil's President Jair Bolsonaro before heading to Colombia, where millions of Venezuelans have fled. China also looms over the Latin America trip.
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