What Dominated the World Economic Forum
Summary
In a separate session, Jim Hagemann Snabe, the chairman of Siemens, said the “most sharp knife in the arsenal of policymakers” when it comes to fighting climate change is putting a global price on CO2 emissions. Ukrainian and Eastern European leaders have resisted territorial concessions, while other countries, like France and Italy, are calling for compromise to end fighting, a position former Secretary of State Henry Kissinger also took in a speech at Davos this week. The collapse in crypto prices this month has renewed scrutiny of the undisclosed financial ties between celebrity influencers and the virtual currencies they are promoting to the masses on social media. star Paul Pierce and other celebrities have promoted risky and obscure digital currencies, while sometimes failing to disclose financial ties to the projects, writes The Times’s David Yaffe-Bellany. They have urged fans to buy obscure coins that quickly crashed in value, or shilled little-known collections of nonfungible tokens, the unique digital files known as NFTs.
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