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After votes in the United Kingdom and the United States, the global elites in Davos are rethinking how they approach globalization. Richard Quest explores the range of reactions from political and business leaders at the World Economic Forum.

Outgoing US Secretary of State John Kerry delivers a stark warning of the dangers of economic populism, insisting on the greater benefits of global trade and cooperation: "Europe has to believe in itself" he says.

In Davos fashion, CNNMoney's John Defterios skis through the biggest risks facing the global economy this year.