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'Those who aren't gloomy says those that are gloomy are too gloomy'

24 January 2019 6:36 PM
Tags:
World Economic Forum
CNN
The Money Show
Davos
WEF
Bruce Whitfield
Absa
Maria Ramos
Richard Quest
Davos 2019
2019 World Economic Forum

Bruce Whitfield interviews CNN's Richard Quest and Absa Group CEO Maria Ramos. They're at the 2019 World Economic Forum in Davos.

(Also read: "26 richest people have wealth equal to the poorest 3.8 billion - Oxfam")

(Also, read: It has been easier this year! - Lesetja Kganyago on Team SA at the WEF in Davos)

Those who are not gloomy are saying that those who are gloomy are too gloomy and as a result, the gloominess is not as gloomy as when it started!

Richard Quest, CNN

For the first time in more than a decade, we’ve seen more foreign investors pitch [at investor meetings than South Africans]…

Maria Ramos, Absa

After two years of steady growth, the world economy is slowing down while risks are increasing.

So said International Monetary Fund Managing Director Christine Lagarde at the 2019 World Economic Forum (WEF 2019) in Davos, Switzerland on Tuesday.

President Cyril Ramaphosa held a briefing at the World Economic Forum (WEF) in Davos, Switzerland on Wednesday.

He provided a global update on South Africa’s economy and its drive to boost investment.

Ramaphosa is attending the forum with the Minister of Finance, Tito Mboweni, and the Minister of International Relations, Lindiwe Sisulu.

The President has the tough task of convincing potential investors that South Africa is changing course.

On Wednesday, Whitfield interviewed Lesetja Kganyago, Governor of the South African Reserve Bank, who is also in Davos.

On Thursday, The Money Show’s Bruce Whitfield interviewed famed CNN business correspondent Richard Quest and Maria Ramos, Absa Group CEO.

Quest and Ramos gave an update of the day’s events at the WEF.

Listen to the interviews in the audio below (and scroll down for more quotes from it).

There is a real feeling here that business is being done… The place has not turned into the circus it has been in the past… The circus atmosphere is gone… I get the feeling that people are actually listening to one another…

Richard Quest, CNN

Everybody talked themselves in quite a frenzy of pessimism… too much pessimism!

Richard Quest, CNN

…The US is making good points with bad arguments…

Richard Quest, CNN

Is it a good Davos? The jury is out… Do I expect fireworks? Not today.

Richard Quest, CNN

Am I surprised that a room full of the world’s elite think there should be a second referendum on Brexit? Absolutely not!

Richard Quest, CNN

The mood is very different around Team SA… a small but better organised and united Government delegation… rising confidence… a significant number of issues still need to be addressed…

Maria Ramos, Absa

There’s been questions to the President about that [land expropriation]…

Maria Ramos, Absa

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24 January 2019 6:36 PM
Tags:
World Economic Forum
CNN
The Money Show
Davos
WEF
Bruce Whitfield
Absa
Maria Ramos
Richard Quest
Davos 2019
2019 World Economic Forum

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