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World Economic Forum 2016: Who said what

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World Economic Forum 2016: Who said what

Take a look at the top quotes on the global economy from Davos.

Published: Sun 24 Jan 2016, 10:18 AM

Updated: Sun 24 Jan 2016, 2:23 PM

  • By
  • Curated by Nilanjana Gupta (Senior Web Journalist)

Iranian Foreign Minister Mohammad Javad Zarif said on Wednesday there could be no military solution to the devastating war in Syria and said further confrontation with Saudi Arabia was in no one's interest.

US Secretary of State John Kerry called Friday for a 30 percent increase in humanitarian funding from the United Nations for refugees.

Leonardo DiCaprio has attacked the "greed" of the energy industry in a speech at the World Economic Forum in Davos, Switzerland.

IMF chief Christine Lagarde said Saturday that the refugee crisis had pushed Europe to a "make or break" point and endangered the EU's cherished passport-free Schengen area.

The plunge in oil prices is a growing threat to the world's goal to reduce emissions through the increase in renewable energies.
The head of the International Energy Agency, Fatih Birol said that energy efficiency has been driven largely not so much by environmental concerns but an interest in saving money, which is disappearing as fossil fuels become cheaper.

When Sri Lankan Prime Minister Ranil Wickremesinghe was asked how China's slowdown is affecting the rest of Asia, he said "The sea is rough but we've got to ride it."
 

Let's put China's growth figures - 6.9% for 2015 - into perspective, said Ray Dalio in 'Where is the Chinese Economy Heading?'

India will not allow legislative hurdles created by opposition parties to slow down the pace of reforms, Finance Minister Arun Jaitley announced in Davos on Friday. The government will use executive action, the Budget and money bills to push through changes needed to revive the economy back to health, he added. 

 



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