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Angela Merkel tells Davos end of multilateralism means 'misery' | DW |

    Merkel mentioned rapid global digitization and its effect on the future of work and data security, and said new global institutions were needed to address such changes. "I still have yet to see any global architecture that deals with these questions," she said.

    She also warned that some of the triggers of the 2007/2008 financial crisis were still present in the banking sector. Global financial institutions such as the International Monetary Fund and the World Bank must be reformed to restore confidence, but they should not be downgraded, Merkel added.


Global Warming - distance between America and Europe is steadily increasing.
by Oui on Wed Jan 23rd, 2019 at 10:11:07 PM EST

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