Tag: WORLD ECONOMIC FORUM

Global elites return to Davos under Ukraine storm

by Laurent Thomet © Agence France-Presse Davos, SWITZERLAND (AFP) — The Davos summit of global political and business elites returns Monday after a Covid-induced two-year break to face another momentous crisis: Russia’s invasion of Ukraine. The theme of the World Economic Forum, “History at a Turning Point”, sets the tone for the four-day meeting in the glitzy Swiss mountain resort that will be dominated by the political and economic fallout from the conflict. When the […]

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 […]

‘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 […]

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 […]

Climate activists march on Davos

GENEVA, Switzerland (AFP) – Hundreds of climate activists, young and old, embarked on a three-day march on Sunday to the make their voices heard at the 50th World Economic Forum in the Swiss town of Davos. The group, brandishing banners warning “Climate crisis: a world economic failure” and “there is no Planet B,” urged political and business leaders to take responsibility for averting environmental catastrophe as they set off from the small town of Landquart some […]

Global decision-makers gather in Davos

PARIS, France (AFP) – Stuart WILLIAMS Global decision-makers gather in Davos starting Tuesday for their annual meeting, with challenges facing the planet — from climate change to conflict in the Middle East — as imposing as the Alps that surround the Swiss resort. Observers fear the annual World Economic Forum will serve only to again expose the differences between East and West, the US and the EU, and business and activists in combating the most […]

China, Europe follow Brazil’s Bolsonaro onto Davos stage

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 […]

Trump takes ‘America First’ message to Davos elite

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 […]

Macron hosts 140 CEOs in pre-Davos charm offensive

by Laurence Benhamou Agence France-Presse PARIS, France (AFP) – President Emmanuel Macron’s campaign for a “French Renaissance” kicks into overdrive Monday as he welcomes 140 multinational business leaders before this week’s jamboree of the rich and powerful in Davos. The business-friendly president will host executives at the grand Versailles chateau near Paris for an event billed as a warm-up for Tuesday’s opening of the World Economic Forum in the Swiss mountains. Several firms will use the conference […]

Watch: Joint cabinet presentation of ‘DuterteNomics’ on the opening of WEF on ASEAN 2017

Several members of President Rodrigo Duterte’s official delegation on Thursday, May 11, held a joint Cabinet presentation and press conference on ‘DuterteNomics’ before the opening plenary of the World Economic Forum (WEF) on ASEAN (Association of Southeast Asian Nations) 2017 at the Sokha Hotel in Cambodia. The term ‘DuterteNomics’ refers to the socio-economic agenda of the current administration that aims to widen the country’s economic reach and uplift the quality of lives of the Filipino […]

Shakira, Whitaker and Anne-Sophie Mutter honoured at Crystal Awards

DAVOS, SWITZERLAND (Reuters) — The World Economic Forum (WEF) honored Shakira, Forest Whitaker and Anne-Sophie Mutter on Monday (January 16) at the 23rd Annual Crystal Awards in Davos, Switzerland. Violinist Anne-Sophie Mutter received the award for her leadership in providing opportunities for young people to develop careers as musicians. Mutter is the founder of the Anne-Sophie Mutter Foundation. Since 1997, the foundation has provided support in the form of scholarships, performing opportunities and commissions for […]

WEF: ASEAN a ‘more open market’ than EU, US

(Eagle News) — A World Economic Forum report released Wednesday said that ASEAN is a more open market for international trade than either the European Union or the United States. The w-e-f hailed the “increased integration into the global economy” of ASEAN members, which comprise Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. https://youtu.be/AqncQOQaQ30