Morning Briefing: Mnuchin hits Davos seeking bang for the buck

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Reuters News Now Special Davos Edition Sponsored by   Highlights The mantra may be America First, but Steven Mnuchin doesn’t mind if the U.S. dollar isn’t so strong. The U.S. Treasury Secretary and his White House compatriots launched a major investment push on the eve of President Donald Trump’s arrival here. French President Emmanual Macron and German Prime Minister Angela Merkel are both expected to speak today. It’ll be interesting to see how they position themselves ahead of Trump’s Friday appearance. How does Scott Minerd, the chief investment officer at influential Guggenheim Partners, use Davos? Increasingly, it’s as a contra-indicator. This year, he says the widespread optimism about economic growth is so “disturbingly high” he worries it could lead to a “mania” in stock markets. Has the U.S. fallen asleep on the potential of Africa? The head of the African Development Bank says that, looking beyond the “shithole” rhetoric, big investments on the continent from China, Japan and South Korea there should get America’s attention. Social Media Recap Canadian Prime Minister Justin Trudeau gave a passionate defense of gender and social equality in Davos yesterday, cementing his status on social media as the world’s most woke leader. Reuters Davos  @Reuters_Davos Speaking to 'Davos Today', @LallyWeymouth said her mother, Katharine Graham, often went a week w/out speaking to another woman when she was the WaPo publisher. More #WEF news: http://reut.rs/2F8JYNg #ThePost 9:36 AM - JAN 24, 2018 Cassandra Garrison  @CassLGarrison I can totally see this. In #Davos, Cate Blanchett jokes about playing Melania Trump http://reut.rs/2BoYZIk #WEF18 8:49 AM - JAN 24, 2018 Marina Depetris  @marinadepetris Despite heavy security and prohibition of any kind of protest in#Davos, some managed to get message out against #WEF and #Trump http://reut.rs/2E5CZ8H 10:13 AM - Jan 24, 2018 Top Davos stories on reuters.com Commentary: A tale of a tanker, Russian gas, sanctions and energy politics While panelists at the World Economic Forum were discussing the implications of the new era in energy politics, an unusually circuitous voyage by an LNG tanker was raising eyebrows among energy analysts. Agnia Grigas, author of "The New Geopolitics of Natural Gas", offers her opinion of the much-watched route of the Gaselys. Trump to meet with world leaders, business CEOs at Davos forum U.S. President Donald Trump will meet with Israeli Prime Minister Benjamin Netanyahu, British Prime Minister Theresa May, and other world leaders when he attends the World Economic Forum this week, White House officials said. 4 Min Read Saudi’s working women As Saudi Arabia and other countries in the Middle East move towards gender equality, Khalid Al Khudair’s startup Glowork helps women enter the workforce. 2:37 watch Top Davos Stories on Reuters TV Attention shifts to France's Macron at Davos summit world   1:18 India's Modi mounts globalization defense at the WEF World   1:55 Real news for busy people More Newsletters Reuters News Reuters TV               © 2018 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036 Email Preferences    |   Privacy Policy    |   Terms and Conditions