2017 Annual meeting
The G50 Annual Meeting is just two months away. Even though the registration period has closed, stay tuned for instructions to register for your concurrent sessions. And our full program will be published one month prior to the meeting. We look forward to sharing it with you!
Javier Solana, former Secretary-General of NATO, warns of the fragility of the EU. "The looming British exit from the EU has reminded us of something fundamental that had been hidden until now: the EU’s tendency to expand is not irreversible, and the EU’s continued existence as a political entity cannot, and should not, be taken for granted." Read his full article here.
Bill Emmott, former editor-in-chief of The Economist writes about the importance of remaking the established British political parties. "We live in a politically turbulent age. Parties barely a year old have recently swept to power in France and in the huge metropolitan area of Tokyo. A party less than five years old is leading opinion polls in Italy. A political neophyte is sitting in the White House, to the profound discomfort of establishment Republicans and Democrats. So where will the political earth shake next? The answer could be – indeed, should be – the United Kingdom." Read his full column here.
Dr. Christian Mölling, deputy director of the German Council on Foreign Relations writes about the impact that a new fighter aircraft will have on Europe's defense industry. "Emmanuel Macron and Angela Merkel took the Franco-German defense partnership to a new level with their announcement on July 13 to jointly develop the next generation European fighter aircraft – the biggest armament project imaginable in Europe at the moment." Read his take here.
In a New York Times editorial, David Goodhart, founder of Prospect magazine and recent author of The Road to Somewhere, argues for a constructively ambiguous Brexit. "There is a sense of drift and stalemate about British politics today...But this stalemate between the country's two dominant 'values' blocs may turn out to be benign. Britons excel at constructive ambiguity, or 'muddling through,' and a constructive ambiguous Brexit may be exactly what Britain and Europe need." Read the full article here.
The famed Turkish novelist, Elif Shafak, warns against complacency and self-consciousness and urges western thinkers to speak out. "Intellectuals should be bold and loud and yes, offensive. It is high time to stop denigrating the term. At least out of respect for those people who pay a heavy price in other parts of the world just to be a public intellectual." Read her full article here.
N26, a digital only challenger bank, has expanded its range of consumer loans through a partnership with auxmoney, an online lender serving continental Europe. As with all other products of N26, customers can access credit with just a few clicks directly on the N26. "We see a strong trend towards platforms with multiple vendors. Through this partnership, we combine the advantages of a platform with excellent user experience," says Valentin Staff, founder and CEO of N26. Read more here.
Author of the new book After Europe, Ivan Krastev discusses his interpretation of President Trump's speech in Warsaw in July by comparing it to "an old joke from the Cold War era: Two trains pull into Warsaw's Central Station - the westbound Moscow-Paris express and the return train from Paris heading in the opposite direction. A Frenchman peers out of the eastbound train, looks at the city and thinks, 'My Lord, Moscow is every bit as gray as I expected!' A Russian on the westbound train takes a quick look around and exclaims, 'Ah, que c'est beau, Paris!'" Read his full article here.
Registration for our 24th annual meeting is now open! Don't miss out on the opportunity to reconnect with your G50 community in the magnificent city of Berlin. To register please follow the link in the email (Headlines & Bylines: Registration now open) sent to you in early June.
The most popular female novelist in Turkey says the rise of populism in the west offers an opportunity for solidarity and sisterhood with the Middle East. Women across ages and nationalities are realizing that “we can’t take the rights we have for granted,” said writer Elif Shafak during the Guardian women seminar. Read more of her thoughts on feminism in the world.
Donald Trump's shoot-from-the-hip, inconsistent foreign policy threatens NATO and risks undermining efforts to curb Russian aggression and fight terrorism, argues Handelsblatt's Torsten Riecke. Read the full article here.
Acclaimed public intellectual Ivan Krastev says our reading diet these days is filled with anniversaries and scandals. This year, bookstores are being invaded by an army of new books related to the centenary of the Russian Revolution. And on the scandal front, not a day seems to pass without a new disturbing, inflammatory indignity besmirching the Trump administration. Read more as Krastev explains the Russian revolution in light of Trump's administration.
For many on the liberal left, David Goodhart is persona non grata due to an essay he wrote for Prospect magazine in 2004 entitled "Too Diverse?" and his new book "The Road to Somewhere" will surely spark controversy as well. Jonathan Freedland reviews it for The Guardian.
Universal basic income is the idea that just won’t go away. At heart, it’s a very simple concept – every individual citizen should receive a regular payment on an unconditional basis. However, the actual structure and design varies considerably. Nonetheless, what has become clear in the last year or so is that there is growing desire across the globe to explore, debate, test, design, and build support for a universal basic income. The Royal Society for the Art's (RSA) distinguished thinker Anthony Painter considers the debate in this article.
If all else fails, try the previously unthinkable. It is not a bad principle for economic policy in the best of times. Today, it may be just what is needed: many Western countries – certainly the United States, Japan, and Germany, probably the United Kingdom, and soon much of the rest of the eurozone – should pursue direct government intervention in wage bargaining, especially for the lowest earners. Read more of Bill Emmott's article on wages.
We are only six months away from our XXIV annual meeting! This year we will reconvene in Berlin from October 11-14 for another amazing meeting. Registration will be opening very soon so please be on the lookout for an email in the next few weeks!
On March 29, Article 50 was enacted by British Prime Minster Theresa May. Four days later, the EU made it very clear to the U.K. that divorce talks will come before trade negotiations. Article 50 triggers a two-year deadline for the completion of Brexit. It is amid this backdrop that the G50 2017 meeting will gather in Berlin. For more on Brexit news, click here.
Germany's federal elections will be held this September. Currently, polls show Martin Schulz, center-left SPD candidate, neck-and-neck with Angela Merkel, now in her fourth term. What will be the outcome of this critical election? Read more here.
Make sure to save the date for our 24th annual meeting. Join your friends in Berlin from October 11-14 for another thought-provoking and exciting meeting. We gather in a city that has overcome deep division and devastation -- and emerged as a European stronghold, an economic powerhouse, and a center of innovation attracting entrepreneurs from around the world. Your suggestions are very important to us; please do not hesitate to be in touch if you have any themes, speakers or other ideas about what we can showcase in Berlin.
The Hotel Adlon will host the G50 in Berlin. This historic site is just steps away from the Brandenburg Gate and has welcomed important dignitaries and heads of state since its opening days. Recently, during the final leg of Obama's last trip to Europe, the Adlon hosted him for a three-hour dinner with the German chancellor, whom he has described as “my closest international partner” during his eight-year presidency.
The 2017 G50 meeting will take place on the heels of important elections all across Europe - from the Netherlands to France and Germany. Which direction will European voters go? In Germany, Angela Merkel faces a crucial test in her re-election bid as chancellor. She commented, “We will face opposition from all sides,“ citing both populist and left-wing opponents at home and abroad who “threaten our values and way of life in Germany.”
Your Friends in the News
Open English, the main online language school in Latin America, just announced the launch of Open English Junior, a new platform to teach English to kids ages 8-14. "Helping kids learn with a methodology like Open English Junior is an investment in their future. For Open English, this is a new way of democratizing access to high-quality education without letting go of the human element," said CEO, Andrés Moreno.
Silicon Valley has long stood as a leader in innovation and technology. However, in a 2017 Global Startup Ecosystem Report, Buenos Aires, Shanghai and Tel Aviv were at the top of the list. Entrepreneur magazine interviewed Matías Recchia as the prime example of a successful entrepreneur of the thriving startup city of Buenos Aires. In the interview Recchia spoke about the country's top tech education and friendly environment as reasons for the city's success.
The Inter-American Dialogue will honor Luis Alberto Moreno, President of the Inter-American Development Bank (IDB) and Roberto Murray Meza, President of Grupo AGRISAL and FUNDEMAS, at its Leadership for the Americas Awards Gala dinner. The Leadership for the Americas Awards honor individuals who have dedicated their life-long service to the Dialogue’s core mission – advancing democratic governance, social equity, and prosperity in our hemisphere.
Mexican dairy powerhouse Grupo Lala is investing more than $30 million in the construction of a new dairy processing plant in neighboring Guatemala. Lala chairman Eduardo Tricio Haro said the new facility will process milk, ice cream and other dairy products and create "around 3,000 jobs both direct and indirect." President Enrique Peña Nieto said Lala's investment "stood out" as an example of Mexico's plans to "promote trade and production" with Guatemala and other countries in the region.
David Martinez is presiding over a merger that will create Argentina’s biggest public company. Telecom Argentina SA’s combination with Cablevision SA will produce a telecommunications powerhouse with a market value of $11.5 billion, according to brokerage TPCG. The top shareholder of the new company will be Martinez. The combined company will be the first in Argentina to be legally permitted to offer packages of wireless, landline, fixed internet and television services to consumers.
The Inter-American Development Bank and Fundación Real Madrid presidents, Luis Alberto Moreno and Florentino Pérez, respectively, signed an agreement to create new schools in Latin America and the Caribbean. This collaboration "aims to promote initiatives in favor of youth at risk of exclusion, using sports as an instrument of development and social inclusion."
IguanaFix, the leading platform for on-demand home and auto services in Latin America, was chosen by Harvard professors as a case study for the Scaling Tech Ventures course in Harvard Business School. On April 11, Matías Recchia, CEO and co-founder of IguanaFix, talked to the students about creating and developing the company.
Louis Vuitton is now a major investor in Colombian swimwear brand Maaji. Maaji swimwear is now sold in 54 countries and has stores in various countries of Latin America, but this new partnership will globalize the brand whilst maintaining its Colombian DNA.
Fifty-six companies in the last edition of The Sustainability Yearbook 2017 produced by RobecoSAM, the main reviewer of sustainability in corporations worldwide, hail from Chile. In this year's edition, Falabella ranked as the world leader in sustainability in its industry.
The National Academy of Engineering awarded Enrique Pescarmona the "Ing. Gerardo M. Lasalle" prize for his highly important and recognized merits in industrial development.
Argentina is offering investors the best opportunity in the past 25 years as President Mauricio Macri reforms the battered Latin American economy, according to real state developer Eduardo Elsztain. “We are executing the most aggressive investment program during the last 25 years because the values are still low," said Elsztain.
When thinking about Panama's future economic challenges, Stanley Motta is certain that education will play a big role. Without education, he says, there won't be a capable work force to generate or do jobs. Therefore, he proposes to change the role of the Department of Education to an authority figure.
Bolivia's president, Evo Morales Ayma, along with vice president Álvaro García Linera awarded the Mariscal de Santa Cruz medal to CAF's former president Enrique García. This medal was given to him at the honor "Gran Collar" as recognition for his great contributions to the economy of the countries that form part of the Andean community.
During this year's World Economic Forum on Latin America which took place in Buenos Aires, Marisol Argueta warned that the region should add value to its exported goods in order to neutralize commodity price cycles. "Latin America should industrialize its raw materials," she said.
Just days before the 12th annual World Economic Forum (WEF) on Latin America, Marisol Argueta talked to La Nación about the region's challenges and opportunities as well as the "Fourth Industrial Revolution." She believes that the region needs to start by looking at itself and its role in today's world.
After 25 years as president of the Development Bank of Latin America (CAF), Enrique García bid his job farewell on March, 31, 2017. During his tenure, CAF approved more than 150 billion dollars for the region and countries from the Caribbean and all across the Americas were welcomed as members. He will be succeeded by Luis Carranza Ugarte.
Enrique Hernández Pons has led Aires de Campo for the last four years, during which time he has increased the company's growth five fold. As a member of the fourth generation of the Hernández family he knows that turning the company into a global brand in the organic food market is not an easy task, but he is up to the challenge.
Carlos Rodriguez Pastor was named among 2017 Top 50 World's Greatest Leaders by Fortune Magazine. In 2010 he launched Innova Schools, which has proved to be very successful for its students.
Lorenzo Mendoza received the FT ArcelorMittal Boldness in Business Award in London in March. His company, Empresas Polar is the first Venezuelan company and only the second in Latin America to receive this prestigious award, which recognizes the innovation and risk that businesses endure amid an uncertain financial environment.
"It doesn't matter how tall the wall is, if people feel that they don't have opportunities in their country, they will find a way to cross." This is how Luis Alberto Moreno spoke about Donald Trump's proposed wall during the Inter-American Development Bank's 58th annual conference in Asunción, Paraguay. He then continued to speak about immigration from Latin America and the challenges that await the region.
Eduardo Elsztain believes that success is following an idea, in thinking of something and doing everything in your power to see it through. It doesn't matter if it takes a long time - perseverance and patience are key to him. In this two-part interview, Elsztain talks to PRS about his life, his career and gives advice to future generations. Click here to read the second part.
Blanca Treviño is the Mexican entrepreneur who conquered the IT world. During the First Latam Forum for Female Entrepreneurs, which took place in Santiago, she emphasized the role that women play in the economic development of their countries. Later, H.E. Rubén Beltrán, Ambassador of Mexico to Chile, recognized Blanca as one of the most successful female entrepreneurs "who has paved the way for those to come."
Eduardo Hochschild, art collector and business leader, reconciles his passion for art and education by extending ties in both worlds. An exhibit in Madrid presents a selection of contemporary art creations of Peru's most international generation.
Fundación Rafael Meza Ayau's president, Roberto Murray Meza gave out 96 scholarships for the 2017 school year. Additionally, the foundation donated $65,000 to nine humanitarian organizations around the country. Murray Meza commented, "We want to be a catalyst for change in the country and aid development in these communities."
Enrique García is at the end of his tenure as president of CAF; however for a Latin American economist of his stature, the rise of Donald Trump and the new strategic role of China makes this a key moment to "rethink Latin America's regional integration."
Fundación Banco Santander will showcase 120 contemporary art works of 58 artists from the Isabel and Agustin Coppel Collection. This contemporary art is made in Mexico and focuses on "mestizos." During an interview with ABC, Agustin Coppel said: "It is important for the great quality of Latin American artwork to be recognized."
Bolivian business leader Marcelo Claure has been commended in the United States for his philanthropic work. Página Siete talks to him about his projects, his love for football and his advice for the upcoming generation.
According to a Citi Foundation survey, Latin America has the strongest entrepreneurial culture in the world. Andrés Moreno, founder of Open English, was recently named a top Latin American entrepreneur by "Americas Quarterly."
Sprint CEO, Marcelo Claure announced the company's acquisition of a 33% share of Tidal. The music streaming company owned by singers such as Jay Z, Beyonce and Madonna will now be available to all Sprint customers.
During the World Economic Forum, Luis Alberto Moreno talked to Portafolio about the upcoming challenges facing the world and the region. He emphasized the importance of joining the digital revolution because he believes that the question now is: how do we integrate the world so that technology benefits everybody?
In his recent post, Dionisio Gutiérrez discusses the change in power in Central America and wonders whether it is the extreme left or organized crime that has more power in the region. Please visit his blog for more interesting articles on politics.
In his recent post, Alejandro Legorreta talks about humanity's future with technology and the innovations that are to come. Check out his blog to learn more about his recent endeavors and to read interesting articles on current affairs in Mexico.
Unfortunately, recent corruption scandals have had a negative impact on Mexico's economy and public perception. Nicolás Mariscal identifies three ways to mitigate the risk of corruption in Mexico.
In his recent column, Ariel Pfeffer shares his guide of six basic steps to forming a good strategy. Please visit his column in El Observador for more interesting articles on business strategy.
If you or your company have a blog or column you would like to share with the group, please send a link to golivares@G50.org
The Latest from Moisés Naím
Referendums, elections, legislative projects... they are all terms that we associate with democracy. But we are now seeing a worrying tendency: the democratic tools are being transformed in tools for concentrating power and limiting civilians' freedom. Andrea Kendall-Taylor reveals why personalism is booming and how this threatens democracy at at global level.
Efecto Naím, 31 July 2017
Latin America is the world's most deadly region. Eight of the ten most violent countries are Latin American. And even though the region only represents 8% of the world population, 37% of homicides occur in the region. Steven Dudley, the co-founder and co-director of InSight Crime, a journalistic organization dedicated to the investigation of organized crime in Latin America, speaks to Moisés Naím about this plague.
Efecto Naím, 24 July 2017
Economic sanctions on oil could could be the perfect alibi for Chavismo.
El País, 23 July 2017
We lie to pollsters, to our family members, to Facebook...but not to Google. Discover the surprises that our searches in that white box of the Internet can reveal.
Efecto Naím, 17 July 2017
They don't move from poor countries to rich ones. They don't look for better jobs. And they don't send remittances. The foreigners that retire in Latin America break all stereotypes about immigrants.
Efecto Naím, 10 July 2017
The history of the past 500 years shows a striking trend: whenever a nation has risen to compete with the dominant power, the result has most often been war.
El País, 8 July 2017
Western democracy became the world's most successful political idea. But this ideal is under threat today. Moisés Naím talks to Bill Emmott, former editor in chief of The Economist and author of a new book, The Fate of the West, which argues that the fight is not yet lost.
Efecto Naím, 3 July 2017
Jaime Bayly is irreverent and irresistible. His humor, his intelligence, and his total contempt for privacy (of others...and his own) have transformed him in one of the most famous and controversial people of Latin America. In this unfiltered conversation with Moisés Naím, he talks about his career, the mistakes he has made and his difficult relationship with the people he loves the most.
Efecto Naím, 26 June 2017
Every second, one person escapes poverty.
Homi Kharas, this week's guest, wants everyone to understand the battle against extreme poverty...and what countries are losing. For this reason, he created the world poverty clock.
Efecto Naím, 19 June 2017.
Trump ended the idea that corruption and nepotism at the highest level of government only flourished in dictatorships.
El País, 17 June 2017
In early May, the cyber attack WannaCry left the world on high alert. How dangerous are these attacks? Tim Maurer, a cyber security expert tells Moisés Naím in this interview. Watch it here.
Efecto Naím, 5 June 2017
Leadership on the battle against climate change is shifting from the White House to Europe and China.
El País 4 June 2017
The new world order will be defined by those who take over the power vacuums that the United States is leaving behind.
El País 27 May 2017
Ten years have passed since the last transmission of Radio Caracas Televisión (RCTV), the legendary channel that since the 50's reached millions of Venezuelan homes. Hugo Chávez declared it "fascist" and did not renew its concession. To commemorate this black day for freedom of speech in Latin America, Moisés Naím invites a man who was at the center of the storm: Marcel Granier. Watch as Naím and Granier discuss Venezuela's past and present.
Efecto Naím 27 May 2017
And removing him from office won’t ease the country’s misery.
The Atlantic 25 May 2017
We live in the "viral" era, in a connected world where audiences are global and hits are BIG hits. The world's most watched YouTube video has 2,800 million hits. The most popular tweet has been shared 3 million times. And it is not just the Internet. The most popular movie has sold more then 2,700 million tickets and the most popular book series has sold 500 million copies. What is the secret to these mega hits? Derek Thompson dedicated himself to figuring it out and in this interview he reveals the formula for popularity.
Efecto Naím 22 May 2017
During the annual World Economic Forum in Davos, the president of China surprised everyone with a passionate defense for economic integration and globalization. Surprised because Xi Jinping is the leader of the world's biggest communist party...and a man full of surprises. Get to know how this enigmatic leader went from being a forced agricultural worker to leading the world's second biggest economy.
Efecto Naím 15 May 2017
In 2004, Richard Florida wrote a book that changed the way we understood cities. The secret is not to attract big factories or infrastructure projects, the secret is to attract the creative class: the entrepreneurs, the innovators, the artists. The cities that followed his recommendations have been very successful...but they are now faced with unexpected consequences. Today, Florida looks for solutions for this new urban crisis.
Efecto Naím 8 May 2017
Its tyrannic leader and nuclear weapons arsenal have the rest of the rest of the world on high alert. Efecto Naím takes a trip to North Korea, a country full of mystery and dangers.
Efecto Naím 1 May 2017
Months before the fall of the military dictatorship in Argentina, Carlos Sluzki, psychiatrist, went to a professional conference in Buenos Aires. What he told his audience made them panic without reason. In this conversation we explore the various ways in which dictatorships change the way of thinking, talking and behaving of their victims.
Efecto Naím 24 Apr 2017
Democracy gives the most precious ingredient to tyrants: legitimacy.
El País, 22 Apr 2017
Around the world, politicians can follow a simple recipe to present themselves as saviors of “the people.”
The Atlantic 21 Apr 2017
Claudia Escobar Mejía was a judge in Guatemala. She surprised the country when she quit her position in the high court and left an important web of corruption to the public eye. In this interview she talks about her courageous fight for judicial transparency, a fight that took her to exile.
Efecto Naím 17 Apr 2017
Going above the law usually leads to political death in the United States.
El País, 15 Apr 2017
The relationship between the United States and China is complicated, but recent Hollywood movies show a different reality. Why? Aynne Kokas, author of "China’s Hollywood, Hollywood’s China", reveals how the movie industry wants to take over the Chinese market. Watch Moisés Naím interview Aynne Kokas.
Efecto Naím 10 Apr 2017
Vaccines have allowed us to eradicate dangerous illnesses such as polio and smallpox. Yet despite their benefits, vaccines have been at the center of political, ethical and economic controversies. Meredith Wadman is a correspondent for the magazine Science, one of the world's most prestigious scientific publications, and in her book "The Vaccine Race" she reveals a story of global impact filled with surprises. Watch the interview.
Efecto Naím 3 April 2017
The diversity, intensity, danger and sometimes even banality of the conflicts that Trump begins, are not normal.
El País, 2 April 2017
Lilian Tintori, once dedicated to the sports and entertainment industries, is now a powerful political figure with direct access to today's most influential leaders. She has traveled the world in search of international support to fight for the freedom of Leopoldo López and of the more than 100 political prisoners in Venezuela. Watch the interview.
Efecto Naím 27 March 2017
A new study shows why mortality rates are higher among whites of low socioeconomic backgrounds.
El País, 25 March 2017
César Gaviria was president of Colombia during a period distraught by the violent fight against drug trafficking. Post-presidency, he went on to play an important role in Latin America. He was secretary general of the Organization of American States from 1994-2004, which is where he became one of the most influential voices on regional issues. Watch the complete interview.
Efecto Naím 20 March 2017
ANNOUNCEMENTS FROM OUR PARTNERS
The Teatro del Lago will host their Festival Gala this coming November 2-5 in Frutillar, Chile. G50 member and president of Fundacion Teatro de Lago, Nicola Schiess, invites you to this weekend full of incredible arts and culture events and performances. To attend or for more information please email Teatro del Lago. You don't want to miss out on this exclusive and awe-inspiring festival.
If you or your company have interesting news you would like to share with the group, please send a PDF or link to golivares@G50.org.