Firm has no intention of tlashing outtlash thrashing out a takeover deal. Theres nothing to negotiation. Unilever too sales rebound despite emerging markets. The ceo is planning on another year of growth. Overall results 2. 9 underlying growth. This is the 7th year in a row that we have top and bottom line growth. Strong internals as well. And welcome everyone to the show. A number of earnings out of switzerland to cover. First, Credit Suisse beat expectations in the Second Quarter with profit of over 1 billion swiss francs. Earnings continue to suggest weakness in the Investment Bank. Lets get more with carolyn froms urich. As you said numbers were better than expected but the credit doesnt go out to him. Hes only been on the job for a couple of weeks. Yes he might have been very well prepared for that job but were talking about the Second Quarter here and that credit obviously still goes out to the outgoing ceo and im a little surprised to see that the Second Quarter shaped up better
So i read. By the way the wyoming answer. Part of it is the absence of Healthcare Centers relatively speaking. Right . Massachusetts would never win it. As a result. Victor. This is strategy. Next time you want to sit at the same table with dr. Kim. Three Global Crisis that you spoke about. Conflict, impact on people being forcibly displaced. Countries and nearly every region turning inward. Home grown terrorism. As you thought about what you want to speak at the meetings, why did you pick these three crisis to start with . You know one of the things that i have noticed everywhere that i go is that this is a good thing. Aspirations everywhere are going up. And we have actually done a study that showed that when communities get access to broad band and smart phones. And they start being able to see on their smart phones how everybody else is living in the world. Their reference income to which they compare their own actually goes up. Theres no question that aspirations do rise when wrou
Held a discussion with World Bank President jim young kim. And need for quality of opportunity. This is half an hour. Okay i think all of you know doctor kim. Who changed the world in so many ways. But lets just take a look. A physician, an throe poll gist. President of the world bank. Since 2012. President of dart mouth college. World Health Organization head for hiv and aids efforts. Cofounder of partners in health. 1987. Its an honor to have you with us tonight. Thanks so much for having me. So i read. By the way the wyoming answer. Part of it is the absence of Healthcare Centers relatively speaking. Right . Massachusetts would never win it. As a result. Victor. This is strategy. Next time you want to sit at the same table with dr. Kim. Three Global Crisis that you spoke about. Conflict, impact on people being forcibly displaced. Countries and nearly every region turning inward. Home grown terrorism. As you thought about what you want to speak at the meetings, why did you pick these
The president of the world bank talking about health care and the quality of opportunity and he spoke at the milken health summit. Okay. I think all of you know dr. Kim who has changed the world in so many ways. But lets just take a look. A physician, an anthropologist, president of the world bank since 2012, president of the dartmouth college, World Health Organization head for hiv and aids efforts, cofounder of partners in health, 1987. One, it is an hobbor to have you with us tonight. Thank you so much for having me. So i ran by the way, the wyoming answer i think part of it is the absence ofter sherrary health care centers. Massachusetts would never win as a result. So this is strategy, next time you want to sit at the same table with dr. Kim. Three Global Crisis that you spoke about. Conflict and endemics, impact on people being forcibly displaced. Countries and nearly every region turning in ward and international and home grown terrorism. As you thought about what you wanted to
To the point about work. Ou kids when theyre are ten and 12 and 16. We dont need him them economically. Thats really new in Human History. Most economic historians estimate 30 of the value of a household was added by preadolescent kids. Under 14 yearold kids added 30 of the value to the household. Until 150 years ago. That meant you had transition from eight to ten to 12 to 14 to 16. Where you were needed and learned to work. We dont now have in our kids bellies in their experience, they dont know the distinction between production and consumption. They mostly know a distinction between progression through years in school. Which can be useful. But its not an unmitigated good. School is not a sufficient substitute for all productive cat fwoirs that exist. We need to think of education as the end. And school as a tool. A really important tool. But a tool that we ought to be able to be reflective on. Our kids they have time in school and different consumption categories. They tepid to not