Day three of the World Economic Forum...
trending the most this Friday afternoon is a keynote address by U.S. Secretary of State
John Kerry.
Kerry addressed the Davos participants just hours ago... where he took pointers on various
security related issues --- more specifically the recent nuclear deal with Iran and the
prevalence of terrorism around the globe.
In a firm voice, Kerry explained why and HOW the Iran nuclear agreement has been and will
remain a success.
He also touted the agreement between Korea and Japan on resolving issues from World War
II... as being one of the many positive changes that we've been seeing in the world.
Earlier this morning, European Central Bank President Mario Draghi took centerstage...
his message sent a moderate wave of reflief amongst the Davos crowd here as Europe is
under the spotlight this year, both with its economic stimulus AND the refugee crisis.
Draghi nailed that head on --- he said, spending by governments in response to the influx of
refugees to Europe could prove to be a stimulus for the economy.
The central banker added that for Europe, the refugees are a challenge and an opportunity
and that the government expenditure needs to cope with this challenge could be a large
stimulus to growth..