Tuesday, January 23, 2018

Davos: Indian Prime Minister Says Attacks on Globalism Must Be Stopped - Breitbart News

http://www.breitbart.com/london/2018/01/23/davos-indian-pm-globalism/

Davos: Indian Prime Minister Says Attacks on Globalism Must Be Stopped



Giving the opening speech at the World Economic Forum’s Davos summit Tuesday, Indian prime minister Narendra Modi told global elites that opposition to globalist policies is one of the world’s foremost threats.
“Forces of protectionism are raising their heads against globalisation, their intention is not only to avoid globalisation themselves but they also want to reverse its natural flow,” said the Indian leader, lamenting that the creation of globalist trade deals “had come to a kind of standstill”.
“The result of all this is that we get to witness new types of tariff and non-tariff barriers,” Modi complained, prompting international media outlets to report his speech as a rebuke to the “America First” policies of U.S. President Donald Trump.
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Professional services network PwC’s 21st annual global CEO survey found that 42 per cent of company executives in this region said populism is the chief “extreme concern”, followed by over-regulation (35 per cent), and geopolitical uncertainty (34 per cent).
Mass migration is a major driver of growth for big corporations in the West, growing the number of consumers in rich nations at the expense of middle-class taxpayers.