Commentary / World Jan 26, 2020
Building cooperation in an unsettled world
by Borge Brende
There is still an opportunity to steer the world toward cooperation and away from potentially damaging competition.
Business / Economy Jan 24, 2020
Davos sees Trump's China love as short-term affair
by Jenny Leonard
Donald Trump tried hard to convince the world's elite this week that he and Chinese President Xi Jinping have left their trade war behind them and they've moved on to a brighter future. But many participants at the World Economic Forum in Davos, Switzerland, aren't ...
Business Jan 22, 2020
Backatcha: At Davos, Greta Thunberg returns Trump's climate jibe
by Pan Pylas and Jamey Keaten
Greta Thunberg isn't easily intimidated. The 17-year-old Swedish activist wasted little time on Tuesday to push back against U.S. President Donald Trump's description of climate campaigners as "the perennial prophets of doom" who predict the "apocalypse." Though Trump didn't mention her directly in his speech at ...
World / Social Issues Jan 22, 2020
World needs to prepare for 'millions' of climate-displaced, UNHCR chief warns
The world needs to prepare for millions of people being driven from their homes by the impact of climate change, the United Nations High Commissioner for Refugees said on Tuesday. Speaking to Reuters at the World Economic Forum, Filippo Grandi said a U.N. ruling this ...
Business Jan 22, 2020
France amd U.S. agree to extend talks over tech tax
by Jérôme Rivet
Presidents Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on tech titans to the end of the year, postponing Washington's threat of sanctions, French officials said Tuesday. French Finance Minister Bruno Le Maire, speaking before a ...
Business Jan 22, 2020
Trump heaps praise on himself, telling business leaders at Davos of 'spectacular' U.S. economy
by Darlene Superville
President Donald Trump sought Tuesday to sell the United States to the global business community, telling an economic conference in the Swiss Alps that America's economic turnaround has been "nothing short of spectacular." Trump addressed the annual World Economic Forum in Davos, Switzerland, hours before ...
Business / Economy Jan 21, 2020
The International Monetary Fund is forecasting that Japan's economy will grow 0.7 percent this year, up 0.2 percentage point from its earlier estimate due to stimulus measures to mitigate the impact of the Oct. 1 consumption tax hike. The Washington-based institution also said global growth ...
World / Politics Jan 21, 2020
Get ready for 'peak decade,' strategists tell peers at Davos
by Enda Curran
Amid the Alpine peaks of the Swiss resort of Davos this week, politicians, investors and executives are busy debating whether we are witnessing peaks in multiple key drivers of the world economy. From oil demand, car production and the proportion of young people as a ...
Business Jan 21, 2020
Trump heading to Switzerland as impeachment trial reconvenes
by Darlene Superville
When President Donald Trump's historic impeachment trial is called to order in the Senate this week, he won't be watching from inside the chamber or on television from the White House. He'll be thousands of miles away at the Davos economic forum in the Swiss ...
Business Jan 21, 2020
Venezuela opposition leader Juan Guaido to attend Davos forum
Venezuela's opposition leader, Juan Guaido — who declared himself acting president last year — will attend this week's World Economic Forum in Davos, lawmaker Stalin Gonzalez told AFP on Monday. Guaido is currently in Colombia, where he is due to meet with U.S. Secretary of ...
Business Jan 20, 2020
Global survey finds capitalism is apparently doing more harm than good
A majority of people around the world believe capitalism in its current form is doing more harm than good, a survey found ahead of this week's Davos meeting of business and political leaders. This year was the first time the Edelman Trust Barometer, which for ...
National Jan 20, 2020
Japan ranked 15th worldwide for social mobility: World Economic Forum report
Japan has the 15th highest level of social mobility in the world, according to a report published Monday by the World Economic Forum. Ranking highest among Asian countries, Japan scored high marks for educational and work opportunities. However, its rating was pushed down by low ...