June 13, 2024
World Economy

Live Blog: Global Economic Summit begins with arrival of Kathy Hochul


The Business Post brings you live updates as international leaders in policy and enterprise convene in Killarney

Welcome to the Global Economic Summit live blog.

This page will be used by the Business Post team to provide you with updates from picture-esque Killarney, the venue of the inaugural Global Economic Summit.

Today marks the conference’s opening, with global leaders across the worlds of business and politics flocking to the Europe hotel for a busy day of talks.

Among Monday’s speakers include HSH Prince Albert of Monaco and Joe Crowley, a former US congressman, while sustainability in enterprise and global security lead the agenda.

Thanks for reading!

06:00 – Global Economic Summit begins

While the summit does not officially start until 9:00am on Monday morning, a small number of attendees got a flavour of what’s in store with the arrival of Kathy Hochul, the governor of New York, on Sunday evening.

Hochul – who is New York’s first female governor, and who’s grandparent’s were born and raised in Co Kerry – arrived at the Europe hotel after being honoured at a civic reception in the county.

The event was held in Spillane’s Pub on the northern tip of the Maharees peninsula, within a stone’s throw of her paternal grandparents’ homesteads.

Kathy Hochul attended a drinks reception with Ivan Yates and Joe Crowley at the Europe hotel on Sunday evening
Photo by
Ian Cronin

Hochul attended a drinks reception at the Europe hotel, and will deliver a key note address on Monday afternoon.

She was joined by Joe Crowley, the former US congressman, who is also due to speak today.

06:00 – ‘Industrial revolution 4.0’

The advent of artificial intelligence (AI) has spurred the global population into the world’s fourth industrial revolution, according to Ivan Yates.

Speaking on the eve of the Global Economic Summit in Killarney – of which he is the primary moderator – the veteran broadcaster and former Fine Gael minister said that the international economy is facing two major challenges.

“We are in the middle of industrial revolution 4.0 – [driven by] generative AI.

“And secondly, the challenge of the globe for this century is obviously the challenge of sustainably living and dealing with climate change,” Yates said, adding that delegates attending the conference will come away from the event “greatly informed by the best brains in thought leadership”.

GES – what to expect?

Up to 400 delegates will descend on Killarney this week for the Global Economic Summit, which kicks off on Monday and will feature keynote speakers from all around the world, including politicians, business leaders and policy experts.

The three-day conference will hear experts discussions and addresses on key challenges facing the global economy such as climate change, the rise of artificial intelligence and geopolitical instability.

The Business Post will be reporting live from the event with regular updates posted on businesspost.ie and a number of its top writers including Policy Editor Daniel Murray, Tech Editor Charlie Taylor and Brussels Correspondent Sarah Collins will be moderating panel discussions throughout.

Monday’s agenda includes keynote addresses from HSH Prince Albert of Monaco, Angela Wilkinson, chief executive of the World Energy Council, Mairead McGuinness, the European Commissioner for Financial Services, Kathy Hochul, the governor of New York, and Joe Crowley, a former US congressman.

The summit’s first day will also include panel discussions on sustainable business, the challenges and opportunities facing the global economy, as well as a discussion on global security.

The second day of the Global Economic Summit will include keynote addresses from Tedros Adhanom Ghebreyesus, director general of the World Health Organisation, Gopi Kallayil, chief business strategist for AI at Google, and Paul Daugherty, chief technology officer at Accenture.

The Tuesday programme of events will also include panel discussions on transforming global healthcare systems, developing ethical AI systems, innovation through impactful leadership and sustainable food systems.

The final day of the summit will kick off with an important keynote address from Yulia Tymoshenko, the former prime minister of Ukraine, as well as discussions on the future of fintech, using technology for good, the success of the Irish film industry and the path to net zero for the aviation industry in a fireside chat moderated by Business Post editor Daniel McConnell.

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