Americas economy is booming trump arrived in the swiss alps as the impeachment trial against him was due to convene in washington he pointed to record low unemployment levels and stock market gains to declare his economic turnaround as quote nothing short of spectacular and he entered office in 2017 trump inherited an economy that had been growing for 11 straight or tennis. Well in his speech trump took aim at the main seam of the conference which is mainly combat in Climate Change arguing that it was a crisis best left for markets to cells in america we understand what the pessimists refuse to see that a growing and vibrant barket economy focused on the future lives of the human spirit alex h. Creativity Strong Enough to overcome any challenge any challenge by 4 its all my colleagues and ill do my loan from businesses in davos which she caught up with the c. E. O. Of the days own group a young who came to find out if industry is on track when it comes to reducing harmful Greenhouse Gas emissions despite the global consensus that we have to expedite the transition from fossil fuels to Something Else more cleaner form of energy postmeal the reality is that you dont buy 2060 were still reliable fossil fuels piano was when george of the new me so it would have to find a way to mitigate the Climate Change impact for this. That sounds like a no mr came home maybe. But i think we have to find the totally new paradigm to meet the need for all of this Climate Change crisis if you look at the. History of the industrial pollution both the james watt and the quality who was the catalyst for 1st and 2nd in that a real solution they were nothing venture of steam engines or they were the inventor of the whole alternating Current System but they were actually you know. They were actually improving on the existing system thats why im proposing that we have to improve the way we used to. Use this thing energy in such a way that we can create the top thing. Potential for a very clean and theres cold and rich efficiency. Now Energy Demand in asia thats going to account for 40 percent of global Energy Demand by 2040 now renewables are on the rise but india and china still drive the Global Demand for coal doesnt this take away the gains for the climate because india and china is favorite. New Renewable Energy regime but their economies improve their growth so fast there is no way to provide to meet. Grazing energy man so instead of. Rebuking me for such i realized so the fossil fuels are there we have to Work Together to find an alternative. And very briefly if you cant should business be trusted to tackle the Climate Crisis i think peace is not the only sector who is a resource but i think we need technologists and we also need very innovative policy makers as well in addition to the very Innovative New aggressive entrepreneurs thank you very much. A mad was detail and ill do my lawn in davos talking to the c. E. O. Of the day group for us is capitalism a facing growing skepticism around the world a majority of respondents in a recent worldwide poll by u. S. P. Are from a dome on say capitalism does more harm than good and they pointed especially to the growing inequality of recent yes us food for thought in davos where some young entrepreneurs say business now has to change to on societys problems. Getting around in davos can itself be a challenge some venues are location as an altitude of 1800 meters making them accessible only by cable car for social entrepreneurs among them martin bought its worth the journey to draw attention to what they see as the worlds most pressing issues business cannot. As usual business just for profit maximizing profit destroys the planet and destroys the population. Some 20 social entrepreneurs have come to davos at the invitation of the shot foundation and the World Economic forum theyre demanding a new kind of capitalism. No time in history has it become more important for us to look at this concept of stakeholder capitalism we are facing such widening inequality such a sense of non inclusion of everyone that i think the time has come for business government and social entrepreneurs to really understand how each other works the social entrepreneurs acknowledge that change wont come overnight but the concept of uniting business with social change does appear to be gaining traction. For me being a social entrepreneurs identifying a social problem seeing what i can do creating the solutions and then taking them to skin working with the government or the private sector so that they can be included in the system the winds may be changing but some say not fast enough while the work of social entrepreneurs may not be acknowledged there often still fighting to be heard listen to the people listen to what young young men and women are saying listen to what people are saying in the villages the good news is that we have Technology Today so we can have in addition to a top down effort like the World Economic forum a participatory bottom up approach. Social entrepreneurs have come from around the worlds to be in davos. Their message there is a fairer and more sustainable. Way of doing business. One of the key speakers today obviously u. S. President on a trump is its stock contrast to the views of those social entrepreneurs were now joined by my colleagues who is in davos following the events there and you will surely also following Donald Trumps speech apart from praising the u. S. Economy as could be expected also said that the u. S. Will join the initiative to plant one trillion trees that of course in tune with the forbes focus on sustainability how did this speech go down well the speech in general was a received the by quieten underwhelmed audience there were quite a few hollow moments there are quite a few laughs of the risen now in terms of this now im sorry ive got quite some feedback going on here but in terms of the speech it was quite. Lacking in terms of environmental punch. That announcement about planting one trillion trees actually came towards the end of the speech it was more of a nod to the audience and people really didnt know what to make of it this is a general this is of course not a genuine commitment to environmental policy and in fact when he was addressing reporters in a media gaggle ahead of ahead of his speech he said that the environment was actually in in the in a good state already the whole point of this forum of course is for sustainability that means he might have gotten he might have gotten his facts wrong there but thats donald trump for you are well on the obviously we know that he was president was not attending last years forum in davos and that is where china somewhat took center stage especially also promoting how important it is to tackle Climate Change sustainability now trump is back. As he managed to convince the participants that the u. S. Is again in pole position. Im not sure it was the per to sippin of the forum that he was really trying to convince their moniker in fact his for his whole speech was a was designed a bit like a Campaign Rally style speech really more aimed towards us voters who are going to vote in the Upcoming Elections and perhaps more as a distraction for is are for the upcoming impeachment proceedings but in terms of the u. S. And china you know what the argument that he was trying to make there and even bringing china up was that the responsibility of nation states are 1st of all to their citizens so he said for example that hes for the u. S. And the leaders of china are of course for china but the u. S. And china they love each other because they they understand each other in that way. Down there reporting from ice cold to davos as i can tell thank you so much. And are just some of the other Global Business stories making news. Global right hailing a delivery from. Its business in india to a local competitor as part of a push for profit and decided which trade its network of restaurants koreas and customers in exchange for 10 percent of rival some capital. Tesla has denied some of its electric cars accelerate on intentionally the u. S. Road safety regulator has been looking into complaints to see if they warrant a formal investigation the company says the claims are spot short seller seeking financial gain. France and the u. S. Have agreed to suspend tit for tat tax hikes the white house has argued that a french digital live evil unfairly target american firms and planned to impose retaliatory tariffs on luxury goods from france president s trump and mccall have now agreed to continue negotiations until the end of the. As c. E. O. Of google an alphabet says Artificial Intelligence must be regulated but any new rules must balance the potential harms of Technology Like facial recognition with the opportunities they offer it was speaking in brussels days before the European Commission is due to publish proposals on the i. Thats your Business Update thanks for watching. Them from people make fun about their own social economic and political. In mozambique we say that you have right so you dont write its how people call. They are. As i dont know a stone cold called a stalker and that by listening to my fellow countrymen i actually start my day by checking dollar all those jokes finding out what people are talking about what is moving day. My father told me how to ask uncomfortable questions about my country and about war that is why i keep doing to say my name is now these 2 and i work at. Globe. The book the book. The book. This is the abuse lie from berlin the worlds wealthy and powerful gather in the swiss alps for the 50th that worlds Economic ForumPresident Donald Trump opens the gathering of the worlds business and political elite by boasting about the u. S. Economy saying america is winning like never before but teenage activists gratitude