Reuters' Lauren Tara LaCapra reports from the cent... |
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World Economic Forum at Davos

  • Reuters' Lauren Tara LaCapra reports from the center of today's Davos action:

    "At a packed lounge in the conference center, Steve Schwarzman, CEO of private-equity firm Blackstone Group, was sitting solo at a small table, reading and drinking water. Asked what is on his agenda at the conference, and whether he had a positive or negative outlook on the economy, he voiced displeasure for U.S. President Barack Obama. He referred to the president as 'the guy who forgot to mention the economy after four years as president' in his inauguration speech. 'That wasn't an accident,' Schwarzman added."

    Here's the full text of President Obama's speech.
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Philippine's Duterte tells Japan his China visit was just economics, blasts U.S.

TOKYO Philippine President Rodrigo Duterte sought to assure Japan on Wednesday that his high-profile visit to China last week was about economics not security, and he had more harsh words for long-time ally Washington, saying he might end defense treaties.