Trump tells Davos he will demand lower interest rates, oil prices
Davos, Switzerland, Switzerland Reuters US President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global business and political leaders and warned them they will face tariffs if they make their products anywhere but the US. “I’ll demand that interest rates drop immediately. And likewise, they should […]
Pope decries “crisis of truth” in AI message to Davos forum
Vatican City Reuters Pope Francis on Thursday urged political, economic and business leaders at the World Economic Forum (WEF) in Davos to keep close oversight of the development of artificial intelligence, warning the technology can exacerbate a growing “crisis of truth”. In a written message read to the annual meeting at the Swiss resort town, […]
Economic grievances fuel support for hostile actions, Edelman global survey shows
Davos, Switzerland Reuters Economic fears have escalated into grievances among 60 per cent of people, with many believing hostile actions such as violence can be necessary to bring about change, according to a global poll by communications firm Edelman. The survey of the 33,000 respondents across 28 countries showed severe levels of distrust in government […]
Brazil will need to resettle those hit by climate disasters, minister says
Davos, Switzerland Reuters Brazil will need to relocate citizens in areas that have been hit repeatedly by storms and other disasters supercharged by climate change, the country’s Environment Minister Marina Silva told Reuters in Davos, Switzerland on Wednesday. Climate change globally is expected to make certain areas unlivable and drive the migration of hundreds of […]
Look beyond profit to heal “lacerated world”, Pope tells Davos leaders
Vatican City Reuters Pope Francis on Wednesday urged political, economic and business leaders at the World Economic Forum in Davos to look beyond profit and try to heal an “increasingly lacerated” world with moral and ethical decisions. Pope Francis leads the Angelus prayer at the Vatican, on 7th January, 2024. PICTURE: Vatican Media/Handout via Reuters […]
Ukraine’s Zelenskiy urges West to keep up pressure on Russia
Reuters Ukrainian President Volodymyr Zelenskiy urged the West on Tuesday to tighten sanctions pressure on Kremlin leader Vladimir Putin and to step up its support for Kyiv to ensure that Moscow did not succeed in its war. Western hesitation in its backing for Kyiv and fears of an escalation in the war with Russia were […]
Global elite gather against WEF’s most complex backdrop so far
New York City, US Reuters US Secretary of State Antony Blinken, French President Emmanuel Macron and key Middle East leaders are slated to attend next week’s World Economic Forum, putting talks to end wars in Gaza and Ukraine at the top of the agenda for the global elite. The 54th annual WEF gathering in the […]
Ukraine’s Zelenskiy says he discussed peace formula with Pope; Ukraine gives details of alleged POW killings
Kyiv, Ukraine Reuters Ukrainian President Volodymyr Zelenskiy said he discussed Ukraine’s peace formula in a call with Pope Francis on Thursday. “We discussed our joint work to put Ukraine’s Peace Formula into action,” Zelenskiy said in a post on X, formerly Twitter. Pope Francis shakes hands with Ukrainian President Volodymyr Zelenskiy, at the Vatican, on […]
Davos 2023: Outlook brighter than feared, fraught with risks
Davos, Switzerland Reuters The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in Ukraine and the emergence of a transatlantic trade war, the World Economic Forum’s final panel concluded. International Monetary Fund Managing Director Kristalina Georgieva told the Davos audience that what had […]
Davos 2023: Climate change leads to more malaria, tuberculosis up in a recession
Davos, Switzerland Reuters Climate change is increasing malaria infections, the executive director of the world’s biggest health fund said in Davos on Monday. Huge surges in malaria infections followed recent floods in Pakistan and cyclones in Mozambique in 2021, said Peter Sands, the executive director of the Global Fund to fight AIDS, Tuberculosis and Malaria. […]