Tag: WEF

S.Africa president blasts vaccine hoarding at Davos forum

PRETORIA, South Africa (AFP) — South African President Cyril Ramaphosa on Tuesday lashed “vaccine nationalism,” accusing rich countries of bulk-buying coronavirus vaccines and hoarding them to the detriment of others. Addressing the all-virtual 2021 World Economic Forum (WEF), Ramaphosa said low- and middle-income countries were being shouldered aside by wealthier nations able to acquire “up to four times what their population needs”. “We are concerned about vaccine nationalism,” he warned. “Rich countries in the world are […]

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‘What use is wealth if it burns?’ Britain’s Prince Charles sounds climate alarm

DAVOS, Switzerland (AFP) – Stuart WILLIAMS Britain’s Prince Charles on Wednesday told business leaders at the Davos economic forum that wealth was of no use if it doesn’t help tackle climate change, as he met Swedish teen activist Greta Thunberg and warned over the perils of global warming and environmental damage. Charles, the eldest son of the Queen and heir to the throne, met Thunberg in Davos on the same day as President Donald Trump […]

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Trump tears into environmental ‘doom’ mongers at WEF

DAVOS, Switzerland (AFP) – Sebastian SMITH and Alex PIGMAN President Donald Trump tore into environmental “prophets of doom” at the Davos forum Tuesday, rejecting fiery warnings from teenage campaigner Greta Thunberg and talking up his own record in a counterpoint to impeachment back home. Thunberg was in the audience in the Swiss Alps to hear the typically bullish speech by Trump, delivered just before the US Senate opened the crucial next stage in his trial […]

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Has Davos made the world better?

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 […]

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Robots, machines will do more tasks than humans by 2025: WEF

  PARIS, France (AFP) — Robots will handle 52 percent of current work tasks by 2025, almost twice as many as now, a World Economic Forum (WEF) study said Monday. The sharp increase could also see a net gain in “new roles” for humans, who will have to revamp skills to keep pace with the “seismic shift” in how we work with machines and computer programmes, the forum estimated. “By 2025 more than half of […]

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Duterte became “economic ambassador” for the country during WEF, says Trade secretary

  (Eagle News) — President Rodrigo Duterte became an economic ambassador during the recently-concluded World Economic Forum (WEF) on Association of Southeast Asian Nations (ASEAN) in Cambodia. This was how Department of Trade and Industry (DTI) Secretary Ramon Lopez described President Duterte, recounting how the latter conducted himself before the forum in Phnom Penh, which was attended by hundreds of top CEOs and executives and other world leaders. Lopez said Duterte highlighted the economic thrust […]

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World Economic Forum delegates welcome Dutertenomics

QUEZON City, Philippines (Eagle News) — Economic managers of President Rodrigo Duterte have revealed that delegates of the World Economic Forum have cited the administration’s economic agenda or “Dutertenomics” as giving investors access to business opportunities in the Philippines. Dutertenomics is anchored on the administration’s campaign on peace and order, which includes the government’s war on illegal drugs. The WEF was held in Cambodia. https://youtu.be/EaCjOGDj_NQ

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Cabinet members make pitch for PHL economic programs in world forum

(Eagle News) — Members of President Rodrigo Duterte’s Cabinet presented before the international media the economic development system of Philippine government, called “Dutertenomics,” during the World Economic Forum (WEF)  in Phnom Penh, Cambodia’s capital on Thursday. The Cabinet members all made their pitch to promote the major infrastructure projects under the program “Build, Build, Build”  that they said would create more jobs and more business opportunities for the Philippines. “Our milestones are ambitious. We will spend five to seven percent […]

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