Greta, Merkel, big oil and a tax truce - Davos Thursday highlights

(Reuters News, 23 Jan 2020) France and the United States agreed how to press ahead with a global rewrite of cross-border tax rules for the digital era, French Finance Minister Bruno Le Maire said.

Here are the highlights from Day 3 of the annual meeting of the World Economic Forum (WEF) in the Swiss ski resort of Davos:


U.S. Treasury Secretary Steven Mnuchin told Greta Thunberg she should study economics, a jibe which prompted the climate activist to say she didn't need a degree to know the world was not meeting its climate targets.


Oil majors are at the sharp end of the climate debate, facing a balancing act to secure their futures.


There are signs U.S. President Donald Trump is starting to engage more seriously on climate change and listening to the concerns of corporations, the European Commission's vice-president and head of its 'Green Deal' said.


Diversification is crucial to ensuring a country's security in the rollout of 5G mobile technology and shunning one supplier altogether risks being counterproductive, German Chancellor Angela Merkel said. Merkel's government has been wrangling for weeks over how strict security requirements for Germany's 5G rollout should be, and whether they should effectively shut out Chinese technology giant Huawei.

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Reuters News, 23 Jan 2020: Greta, Merkel, big oil and a tax truce - Davos Thursday highlights