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by Alex PIGMAN Agence France Presse DAVOS, Switzerland (AFP) — China and Europe take center stage at Davos on Wednesday, a day after Brazil’s hard-right President Jair Bolsonaro promised reform and respect for the environment to the world’s business elite. Top billing at the World Economic Forum will go to Chinese Vice President Wang Qishan, a key member of the communist leadership in Beijing who is tasked with negotiating a truce in the US-China trade […]
by Alex PIGMAN Agence France Presse DAVOS, Switzerland (AFP) — Here is a serving of quotes from the World Economic Forum (WEF) in Davos on Tuesday, where a year after US President Donald Trump stole the show, Brazil’s new far-right leader grabbed the limelight. “I’d like to say it’s a personal treat for me to be sitting here asking you questions. Normally I have to endure people asking me questions.” — Britain’s Prince William cracks […]
Geneva, Switzerland | AFP | Sunday 1/20/2019 by Ben Simon Klaus Schwab, who founded the World Economic Forum (WEF), has said his childhood during World War II inspired him to build an organisation that would make the world a better place. His foundation, which hosts many of the world’s most powerful, famous and wealthy people at its annual meeting in the Swiss ski resort of Davos, has clearly made an impact. But questions have grown about whether the organisation is […]
RIYADH, Saudi Arabia (AFP) – Saudi Arabia on Friday released the owner of the influential Arab satellite network MBC nearly three months after his arrest in an anti-corruption drive targeting the kingdom’s elite, sources told AFP. Waleed al-Ibrahim was among some 350 suspects rounded up since November 4, including billionaire princes and ministers who were detained in Riyadh’s luxury Ritz-Carlton hotel. Ibrahim held a family gathering at his residence after his release, three MBC employees told AFP […]
LONDON, United Kingdom (AFP) – Brexit minister David Davis will seek to reassure eurosceptics about the government’s strategy for leaving the EU on Friday after fresh splits emerged in the ruling Conservative party. Prime Minister Theresa May rebuked her finance minister, Philip Hammond, on Thursday after he suggested Britain would only move “very modestly apart” from the EU’s economy after Brexit. Meanwhile backbench MP Jacob Rees-Mogg, who leads a group of more than 50 Brexit-supporting Conservative MPs, […]
by James PHEBY Agence France-Press LONDON, United Kingdom (AFP) – US President Donald Trump made a rare apology on Friday over his decision to re-tweet anti-Muslim videos posted by a British far-right group, a move which strained tensions with London. “If you’re telling me they’re horrible racist people, I would certainly apologize if you’d like me to do that,” he told ITV’s Good Morning Britain, referring to the group Britain First. Trump sparked outrage in Britain […]
by Pol Costa Agence France Presse DAVOS, Switzerland (AFP) — “Artificial intelligence and robots will kill many jobs.” It’s a depressingly blunt statement for anyone to make, but even more so as it is the prediction of Jack Ma, CEO of the Chinese online sales giant Alibaba. The rise of AI — its huge potential and fears over its potentially negative consequences — is just one of the big issues discussed at the World Economic […]
by Heather SCOTT / with Andrew Beatty in Davos Agence France Presse WASHINGTON, United States (AFP) — President Donald Trump waded into the uproar over the US currency Thursday, saying he wants to see “a strong dollar,” countering comments by his treasury secretary that appeared to signal the opposite and sent the greenback plunging to three-year lows. It was an inauspicious start to Trump’s first foray as president onto the glitzy global stage at the […]
by Andrew Beatty and Jitendra Joshi Agence France-Presse DAVOS, Switzerland (AFP) – The world’s political and business elite headed Thursday into a compelling encounter with President Donald Trump as the United States bids to carve out a competitive edge in trade, taxes and currency rates. A day after appearing to cast aside decades of US support for a strong currency, Trump’s Treasury Secretary Steven Mnuchin said he was relaxed about the dollar’s short-term value, doing little to […]
DAVOS, Switzerland (AFP) — British Prime Minister Theresa May will encourage activist investors on Thursday to pressure social media firms into clamping down on fake news, hate speech and sexual harassment. “Investors can make a big difference here by ensuring trust and safety issues are being properly considered. And I urge them to do so,” she will say in a speech to the World Economic Forum in Davos. She will highlight how a group of shareholders recently demanded […]
by Jitendra Joshi Agence France-Presse DAVOS, Switzerland (AFP) — Britain will stand by the poverty-alleviating benefits of free trade as it charts its difficult divorce from the EU, a top minister said Tuesday despite the country’s need to cosy up to President Donald Trump’s America. In an interview with AFP at the World Economic Forum, International Trade Secretary Liam Fox said he would use the Davos meetings to press Britain’s case in talks with US and other […]
WASHINGTON, United States (AFP) — Secretary of State Rex Tillerson said he hopes to visit the new US embassy in London next week, shortly after President Donald Trump refused to attend its opening ceremony. Tillerson will be in Britain on Monday at the start of a sweep through Europe that will take him on to Paris, Warsaw, and the World Economic Forum in Davos, Switzerland. His meetings in each city have not been finalized, State Department officials […]
