The forum in Davos turned into a “talker”

Last week, the World Economic Forum ended in Davos, Switzerland. Foreign experts noted that only the head of the Ministry of Economic Development and Trade Alexey Ulyukayev visited the forum from the top officials of the economic bloc in the Russian government, but he was interested only in a closed session on the WTO. However, first of all, investors and politicians who arrived in Davos spoke not about Russia, but about China’s problems, the new round of the financial crisis, the technological revolution, oil prices, climate change.

The forum was held from 20 to 23 in January and gathered over 2,5 thousands of participants from one hundred countries of the world.

One of the main themes in Davos was the Fourth Industrial Revolution. They also discussed the problems of refugees in Europe, geo-economic challenges, global security, difficulties in the Chinese economy, the likely global financial crisis, oil prices, health care, climate change issues, sanctions against Russia, etc.

If in 2015, First Deputy Prime Minister Igor Shuvalov and Deputy Prime Minister Arkady Dvorkovich came to the World Economic Forum, then the Russian delegation was headed by Deputy Prime Minister Yury Trutnev, who oversees the Far East, at the 2016.

Of the officials of the economic bloc, only Minister of Economic Development Alexei Ulyukayev arrived in Switzerland, but he confined himself to a closed session on the WTO, reminds RIA News".

Russia this time received only one panel discussion on the forum, notes RBC. The speakers were the head of the delegation, Deputy Prime Minister Y. Trutnev, Head of VEB V. Dmitriev, Chairman of the Munich Security Conference V. Ishinger, ex-Minister of Finance A. Kudrin, Chief Editor of RBC E. Osetinskaya.

According to Trutnev, the crisis brings Russia not only threats, but also opportunities. Here they are: 1) an incentive for reform; 2) investment-friendly cheap ruble; 3) "people's solidarity." Kudrin immediately noticed that the government can respond to the redundancy of spending in three ways: 1) by reducing them; 2) increasing the national debt; 3) increasing the tax burden. “We are looking for a way out,” said Trutnev.

RBC also cites the opinion of V. Ischinger, who spoke not about economics, but about politics. The relations of the West and Russia have been fruitless for the past two years as a result of the “disastrous policy of Russia towards its western neighbors.” He said that precisely because of the contradictions between Moscow, Washington and the European capitals it was not possible to stop the bloody war in Syria.

Russia remained on the periphery of the forum, states RBC. The fact that the West and Russia have no joint economic agenda told the source on the eve of the forum a source in the Russian government.

According to the chairman of the board of directors of IC Eurofinance, Yakov Mirkin, the loss of interest in Russia is connected with the loss of sense of perspectives in the post-Soviet markets (they are high-risk). The CIS states "strongly depend on adverse external factors."

As transmits RIA News", attended the WEF and the topic of sanctions against Russia. The fact is that US Secretary of State John Kerry made the abolition of restrictive measures in the coming months.

“Earlier this week, here in Davos, Vice President Biden and I met with the Ukrainian President Poroshenko to help ensure the full implementation of the Minsk agreements. And I am sure that thanks to the efforts and legitimate attempts to solve the problem on both sides in the coming months, it is possible to fulfill the Minsk agreements and come to the moment when the sanctions may be lifted due to full implementation, ”the agency quotes him.

Regarding the price of oil, questions were posed to the Iranian forum participants. Iranian Foreign Minister Mohammad Javad Zarif bluntly told RIA correspondent “News“That oil prices should adapt after Tehran’s return to the market, and such a return could trigger a further drop in the cost of a barrel.

Besides him, Mohammad Nahavandyan, head of the Iranian presidential administration, spoke out. He assured the audience that Iran could contribute to the energy security of the European Union: “Iran has the world's largest oil and gas resources. These resources can be useful for ensuring energy security, especially in Europe. In particular, opportunities are opening up for the development of gas projects, LNG projects. ”

You can not go past the theme of the turn of Russia to the east.

As the correspondents reported TASS, on the forum, Russia has confirmed its turn to the east. Investors were told about the life of Russia under sanctions in the context of record low oil prices and projects were presented in the Far East.

In the past two years, Russia has been actively exploring new markets for the Asia-Pacific region and the Middle East, concluding a number of multi-billion deals.

Deputy Prime Minister Yury Trutnev said that a turn to the east should be perceived as a turn of Russia to its Far East, which occupies 36% of the territory. “I would rely on the position of a well-known Chinese leader, who said that it doesn’t matter what color the cat is, so long as it catches mice. We are satisfied with any investments, ”said Trutnev.

True, Vladimir Dmitriev, the head of VEB, which already finances joint Russian-Chinese projects in the Far East, is skeptical of the excessive enthusiasm for the development of Russian relations with China: “We should not overestimate the desire of our Chinese partners to increase cooperation with Russia. They are quite pragmatic. ” He suggested that for Russia the corresponding cooperation would not be “infinite and free.”

Two largest Russian banks, Sberbank and VTB, which are under sanctions, took part in the forum and organized thematic events about Russia. The leaders of banks convinced investors that Russia would be able to overcome the crisis.

“Crisis is when you need a glass of vodka instead of a cup of coffee at 7 in the morning. I am still satisfied with my coffee in the morning, so I did not reach such a stage, ”TASS quotes the head of VTB Andrei Kostin.

Special mention deserves the theme of Ukraine, which actively pierced their interests at the WEF.

“It was noteworthy that, compared with last year, the interest of the forum participants to Ukraine has clearly cooled,” writes on the portal "Fund of Strategic Culture" Professor, Doctor of Economics, Chairman of the Russian Economic Society Valentin Katasonov. - Moreover, the Ukrainian delegates (the number of which the organizers of the forum limited 20 to persons) hinted that the discussion on the topic of Donbass and war is not welcome. Europe from Ukraine over the past year pretty tired. To negotiate the money, the Ukrainian president took in his delegation Minister of Finance Natalya Yaresko, Chairman of the National Bank of Ukraine Valery Gontareva, Minister of Economic Development Aivaras Abromavicius. Poroshenko acted in two directions. The first is IMF executive director Christina Lagard. The second is US government leaders. In the first direction, the Ukrainian president managed to get oral moral support from the Foundation’s leader and promise to continue funding the square. True, the promise was conditional: the decision on the new tranche will be made only after the completion of the next review of the IMF in Ukraine. It is not completed yet. A number of conditions set for Kiev have not yet been fulfilled. Until now, by the way, Kiev has not demonstrated that he had “good faith negotiations” with Moscow over the 3 billion debt, which was to be repaid on December 20 on 2015, but has not been repaid yet.

Natalia Yaresko, the expert continues, was instructed to “spud in Davos” the main officials from Brussels. True, those from monetary promises "skillfully evaded." Kiev's requests for financial assistance looked “particularly funny” against the background of open data, which all participants in the WEF could read.

In Davos, the competitiveness ratings of 140 member countries of the World Economic Forum are calculated on a regular basis, they are published in the Global Competitiveness Report, reminds Katasonov. The latest document contained the following Ukrainian places in the 140 countries ranking:

- bank reliability: 140-place (below nowhere);

- development of the securities market as a source of financing: 118 place;

- availability of prices on the financial services market: 123 place;

- availability of financial services: 101 place;

- efficiency of stock market regulation: 135 place;

- The effectiveness of the state apparatus: 130 place;

- Tax burden on business: 118 place.

Summing up the work of the past forum, V. Katasonov draws two conclusions: “Firstly, the forum is becoming more and more noticeable in a talker, that is, a decline in the international authority of Davos. Secondly, an attempt by the United States to put the work of the forum, which has traditionally been a “Eurocentrist” platform, under its control is visible. ”

* * *

So, one of the important statements in the framework of the forum should be considered the statement of US Secretary of State John Kerry, who made the lifting of sanctions against Russia in the coming months.

Iranian Foreign Minister Mohammad Javad Zarif spoke frankly about the future of oil prices: Tehran’s return to the world oil market could trigger a further drop in the cost of a barrel.

The leaders of Sberbank and VTB tried to convince potential investors that Russia would be able to overcome the financial crisis.

Vladimir Dmitriev, the head of VEB, was skeptical of being too enthusiastic about the development of Russian relations with China, and Russian Deputy Prime Minister Yury Trutnev said at the forum that a turn to the east should be perceived as a turn of Russia to its Far East.

The question of the economic situation in Ukraine was raised on the forum. According to the Global Competitiveness Report, Ukraine is confidently striving for the last places in this rating in terms of the development of the securities market, the effectiveness of regulation of the stock market, the efficiency of the state apparatus, the tax burden on business and other parameters. In terms of bank reliability, the country ranked 140-place - below nowhere. Therefore, Poroshenko and Yaresko looked funny to the European participants when they asked for money for reforms.

Observed and commented on Oleg Chuvakin
- especially for topwar.ru

Comments

[Finches]

The usurious economy on which the whole world sits once again roll into ...! But this is the meaning of the usurious economy - to periodically lower everyone to the Earth - to clean up the market a little and start a new round of bank infusions, increasing the bondage of people who produce something from guys making money out of thin air just by printing them on a machine! Nikolai Nosov spoke about this remarkably in his book "Dunno on the Moon", expressing in simple phrases the whole essence of capitalism, such as:
“We also don’t want to say that by purchasing shares, short people do not gain anything, since by buying shares, they receive hope for improving their well-being. And hope, as you know, also costs something. For nothing, as they say, and the sore won't settle. You have to pay money for everything, but having paid you can even dream. "

[Corporal Valera]

Imperishable however

[Ramzaj99]

Davos has recently turned into a "talking shop" where it is almost impossible to resolve a single issue on the profile.
I very carefully watched the European news from Davos "for I am lying with a broken leg and in general I have nothing more to do))))", and so all the European news showed PoroSenko's statements that he was the last bastion between civilized Europe and the wild Russian hordes ... Every hour they showed an interview with the Estonian president, where he selflessly argued that all the troubles in the world came from Russia, that Russia invaded Syria, offended Turkey, and every day bombing Ukraine, and that an urgent need to increase the number of the American army in Europe and more tanks and missiles, and that it is impossible not only to negotiate with Putin, but to talk in general. That is actually all the results of Davos for Europe, and in fact it was the main television news, in almost all European countries.

[aszzz888]

Therefore, Poroshenko and Yaresko looked funny before the European participants when they asked for money for reforms.

Independent will receive money, but the question is how much and when.
One thing is obvious, less than they were promised.
And they will maintain in a state of semi-negative buoyancy (and not at the bottom, and not at the top) the rotten through and through corrupted Phushington region.

[vlad66]

Quote: aszzz888

Independent will receive money, but the question is how much and when.

He will get exactly as much that they would not bend right away, but they will also shit at the door of Russia, but they will not spoil them either.

[Same lech]

The leaders of Sberbank and VTB tried to convince potential investors that Russia would be able to overcome the financial crisis.

Yes, GREF has already spoken out to the whole world ... stop shaming him ... it would be better if he took up a more useful business for RUSSIA.

[venaya]

Quote: The same LYOKHA

GREF has already spoken out to the whole world ... it would be better to take up more useful work for RUSSIA

He cannot, is not capable of a good deed in principle, it is not his, he is a specialist in other areas of "activity."

[lex loci]

The best thing for Gref (in terms of benefits for Russia) is to grow tomatoes in his small garden somewhere in Florida

[Riv]

As for coffee and vodka, the dude is right. But not to the end. In fact, problems begin when after a glass of vodka it seems that there are no more problems. And in my opinion, the Ukrainian president is just at this stage.

[FID]

You know, I think that Kostin is in the same stage ....

[31rus]

Poor Europeans are tired of Russia, Ukraine is tired, there are still refugees running over, and the United States is pushing on and on. A very interesting moment, the Americans are already deciding whether to cancel the sanctions of Russia alone or not, everyone has sailed Eastern Europe, the Middle East busted, where further?

[FID]

So let them dive under our wing ... But according to our laws ...

[rotmistr60]

The Davos Forum has always been a talking shop, where the "bright minds" from the economy tried to light up, and at the same time scold those countries that, in their opinion, do not fit into the overall system of the global economy. Along the way, on the sidelines, their mercantile issues were resolved. Therefore, it is correct that the composition of the delegation was not from the highest echelon. Why waste time and money on idle chatter.

[Good cat]

Blah blah blah, all this Davos dung. Conversations about nothing.

[sa-ag]

Quote: Good cat

Talking about nothing

About the fourth industrial revolution, in my opinion it is important

[valokordin]

There is nothing to do in this Davos, you need to respect yourself at least a bit and not go to enemies-partners to drag along with their sanscans. And if you go, then there was nothing to send there their disastrous tipus Ulikaev and Trutnya, but they would send Vladimir Volkovich there. He would give them the heat, these Swiss sitters.

[79807420129]

Quote: valokordin

And if you go, then there was nothing to send there their disastrous tipus Ulikaev and Trutnya, but they would send Vladimir Volkovich there. He would give them the heat, these Swiss sitters.

And Zhirik in addition, we would have never heard of this fucking Davos.

[Belousov]

Davos has never been a place where something serious was decided, only a gathering place for those who "distinguished themselves" for the benefit of the European and American economies, so there is nothing to do there.

[Vadim237]

Lost Davos on the horizon.

[gray_angel]

On the sidelines of the forum, Parashenko's lecture on the topic "How to turn an industrial country into a banana republic in 3 years was a success.

[chelovektapok]

Any bunch of customers without their money is Davos. Always hoping for a freebie from the outside. No wonder the rock hung out in the hope that they would. Decent people with RESOURCES have nothing to do there. The meaning of rubbing graters with rogues? Nothing! Regardless of how much the paper costs with the deceased, the presidents of the parasitic nation, the whole history of profiting from other people's troubles and wars ... Ours didn’t go right! Destroyers of Russia, starting from the 90s do not count. They are dead. They have a place on the coven of the corpse!