Emma Tucker

Yes, war was indeed averted.

Whether or not this acted as a huge distraction to all the other issues on the agenda here.

If I'm being honest, Luke, I think most of the CEOs and attendees here secretly, they rather like being where the action is.

There's a sort of excitement to being

at the place that everybody is talking about.

And I think so long as they can still have their dinners and their drinks parties and can connect and meet new contacts and sort of renew old friendships and sort of do the business wheel of dealering, so long as that's unimpeded, then they're happy.

Interestingly, the mood between the US CEOs and European CEOs was so marked.

And I think this is a reflection of the fact that America is indisputably the economic powerhouse of the world and the West in particular.

American CEOs

are excited about what that means for them, for the growth of their companies, for the future.

Whereas the Europeans, there was this sort of realization that it's not enough just to talk about Europe defending itself or activating higher growth levels in Europe, that they really now have to put their money where their mouth is.

Well, it's interesting, isn't it?

Because Mark Carney was here in Davos.

There was a lot of attention to the approach he took while he was in China of being very sort of friendly and warm towards the Chinese.

And there's a lot of talk about Europe being driven into the arms of the Chinese.

But I think this is hyperbolic talk.

And I think most CEOs, European and European,

American and certainly the leaders here aren't naive about where China is positioning itself.

And it's too simplistic to simply say, well, China is now from now going to act as as the good guy.

I think people aren't quite that naive.