The Atlantic reports that three of American’s “premier Democratic mayors — Richard Daley of Chicago, Michael Nutter of Philadelphia, and Antonio Villaraigosa of Los Angeles — all announced their support for President Obama’s tax cut compromise” at the Global Metro Summit. Read more.
The importance of the Global Metro Summit “was as a primer on modern cities, a cautionary note about how we’re losing our standing and mojo”, writes James Warren in the New York Times, finding that “Growth must come from within”. Read more.
The Globe and Mail analyses the Global MetroMonitor, finding that Montreal is “The only Canadian city in the top 30 and one of just four Western centres to demonstrate a dramatic rebound, Montreal climbed from a pre-recession ranking of 74.” Read more.
Coverage of the Global Metro Summit in the Süddeutsche Zeitung. Read more (German).
“The event’s real importance was as a primer on modern cities, a cautionary note about how we’re losing our standing and mojo. It also offered a lesson on soaring successes like Barcelona, Munich, Seoul and Turin, which have melded long-term vision with regional cooperation we seem incapable of matching.” The New York Times covers the Global Metro Summit.
Mayor Richard Daley of Chicago discussed the city’s pension situation at the Global Metro Summit. “I’m one who believes that pension funds can go bankrupt and then you reorganize, and that’s the hardest thing to say,” the Mayor said. Read more.
Joseph Ackermann, CEO of Deutsche Bank, delivered a keynote speech at the Global Metro Summit in which he highlighted the “need to establish a price for carbon”. Read more.
At the Global Metro Summit, Bruce Katz argued that “America’s metro areas can lead the country into a new, export-oriented economy.” Read more.
Mayors R.T. Rybak of Minneapolis and Chris Coleman of St. Paul joined the Global Metro Summit in Chicago. Mayor Rybak described the need to “address critical gaps in our entrepreneurial ecosystem, accelerate innovation and lay the groundwork for propelling us to the next level of economic prosperity”. Read more.
The Chicago Tribune reports of Mayor Daley’s comments at the Global Metro Summit. “”I’m one who believes that pension funds can go bankrupt and then you reorganize, and that’s the hardest thing to say,” Daley said during a panel with other mayors at the Global Metro Summit.” Read more.