Graph of the day
Toasting in Davos
As business leaders and heads of state kicked off the first day of the World Economic Forum in Davos, Switzerland, on Tuesday, a survey among corporate bosses showed they were brimming with optimism. US CEOs especially have become more upbeat after Donald Trump's tax reform.
Quote of the day
Welcome, Mr. President!
The US President is also expected to visit Davos on Friday. The founder and chairman of the World Economic Forum hopes that it will broaden Mr. Trump's knowledge of international affairs. Mr. Schwab told Associated Press the president’s attendance is very important, because US cooperation and a positive approach are crucial in finding solutions for global problems.
Person of the day
Peter Altmaier, head of Angela Merkel’s chancellery and acting finance minister, would also like to meet POTUS. The German politician said his government would like to talk with US counterparts about new tariffs the administration had slapped on imported washing machines and solar cells. “The less customs duties we have, the less protectionism we have, the better it is for our citizens,” Mr. Altmaier said. Source:
Pilot of the day
The sky is the limit
One person who's concerned with neither Mr. Trump nor tariffs is former Formula One legend Niki Lauda. The Austrian race car driver and pilot managed to buy back the Vienna-based airline he founded in 2003 and sold to Air Berlin in 2011. Due to the parent group's bankruptcy and some legal wrangling, he trumped AIG, owner of British Airways, and got back his baby. Source: