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The Latest Breaking News from Davos

Saudi Arabia, Iraq Discuss Efforts to Bolster Regional Security, Stability

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks with his Iraqi counterpart Fuad Hussein on the sidelines of the World Economic Forum in Davos on Monday. Discussions focused on joint efforts to preserve security and stability in the Middle East. They reviewed the strong bilateral relations between…

Asharq Al-Awsat

Davos 2023: Oxfam calls for windfall taxes as report shows widening inequality

Oxfam's latest report on inequality shows that two thirds of global wealth created since the Covid-19 pandemic has gone to the top 1 percent of earners. As the 2023 World Economic Forum gets underway, the anti-poverty NGO is calling for windfall taxes on wealthy individuals and corporate profits. FRANCE 24's…

France 24

Davos 2023: What you need to know about the WEF on Monday

The World Economic Forum (WEF) returned to Davos for its first winter session in three years with high expectations. Record numbers of government officials and business leaders were expected at the elite annual affair.

Reuters

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Davos 2023: Russian bombing puts Kyiv's utilities under critical strain -Klitschko

Kyiv's infrastructure could collapse at any second as Russia's sporadic missile attacks along with freezing winter temperatures put local authorities under increasing strain, the Ukrainian capital's mayor said on Monday.

Reuters

Davos 2023: Climate change leads to more malaria, tuberculosis up in a recession

Climate change is increasing malaria infections, the executive director of the world's biggest health fund said in Davos on Monday.

Reuters

Davos 2023: Opposition leader says Russian move on Ukraine from Belarus unlikely

Belarus' exiled opposition leader said on Monday she did not think Russia would launch an offensive on Ukraine from Belarus after the two countries began military drills, but Moscow could launch more missiles strikes from its ally's territory.

Reuters

Man Utd insist Swiss Alp lounge is not to attract buyers despite Avram Glazer jetting in

Manchester United owners the Glazer family have been entertaining the prospect of a sale, or investment in the club, after being at the helm of the club for close to 20 years

Daily Mirror

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Davos 2023: Recession casts long shadow over opening of WEF summit

The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum's annual meeting counted the likely cost for their economies and businesses.

Reuters

Davos 2023: Idris Elba calls for investment to help world's poor

Actor Idris Elba and his wife Sabrina Dhowre Elba called on Monday for business and political leaders to provide more support to the world's poorest countries in the form of investment rather than aid.

Reuters

Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’

Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins

The Guardian - UK

Ramaphosa cancels Davos trip amid South Africa energy crisis

Africa’s most industrialised economy being hit by daily power cuts as anger grows among opposition and public

The Guardian - UK

Davos 2023: DP World forecasts further freight rate fall as demand slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics company's deputy chief executive and chief financial officer Yuvraj Narayan told Reuters.

Reuters

Davos 2023: The World Economic Forum explained

The World Economic Forum (WEF) returns to its snowy winter residency in the Swiss Alps this week with a record attendance of business and government leaders.

Reuters

Economic woes, war, climate change on tap for Davos meeting

The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos

The Independent UK

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Reuters

Davos 2023: Europe, NATO to build Ukraine unity in Russian no-go zone

As fears of a new Russian offensive from Belarus mount in Ukraine, Kyiv's allies are seeking to forge greater unity and to ramp up support at the Davos meeting of political and business leaders, where Russians are conspicuous by their absence.

The Guardian - UK

Economists warn of global recession danger ahead of World Economic Forum at Davos – as it happened

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

Evening Standard

Davos 2024: What is it, who is attending, and why is it controversial?

Kicking off on January 15, this year’s World Economic Forum's theme is Rebuilding Trust

The Independent UK

South African leader skips Davos amid electricity crisis

South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts

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France 24

Davos 2023: World Economic Forum kicks off amid calls for more tax on super-rich

Political and business leaders from around the world are convening in the Swiss resort town of Davos. The theme for this year's meeting is "cooperation in a fragmented world". FRANCE 24's Kate Moody is in Davos and tells us what we should expect. Also in the show, Oxfam releases its…

Fortune

Don’t believe the podium talk at Davos–but capitalism is really starting to change

The rise of purpose-led companies is changing the face of capitalism, writes Patagonia's Beth Thoren.

Al Jazeera

Who is – and who is not – attending the World Economic Forum?

Some 2,700 leaders from 130 countries, including 52 heads of state and government, will be at the meeting in Davos.

The Guardian - UK

Monday briefing: Does the Davos conference really have the answers to the world’s problems?

In today’s newsletter: As the high society conference kicks off in the Swiss Alps, it faces new questions about its influence in a fractured world

France 24

Davos forum to tackle Ukraine war, climate crisis and 'de-globalisation'

The world's political and business elites gather for the annual Davos summit from Monday to promote "cooperation in a fragmented world", with war in Ukraine, the climate crisis and global trade tensions high on the agenda.

Fortune

At Davos, a sidelined club laments tax 'hypocrisy' as the richest talk climate instead

The Club of Rome, which became famous in the early 1970s for sounding the alarm bell on the planet’s “limits to growth," is sidelined from the event this year.

Al Jazeera

Richest 1% bag two-thirds of $42 trillion in new wealth: Oxfam

Charity calls for more taxes on the rich as World Economic Forum gathers for annual meeting in Davos, Switzerland.

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