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The Latest Breaking News from Davos

Davos 2023: Saudi FM says Riyadh trying to find path to dialogue with Iran

Saudi Foreign Minister Prince Faisal bin Farhan Al Saud said the kingdom was trying to find a path to dialogue with Iran as the best way to resolve differences.

Reuters

Rocks ahead! Leaders struggle at the helm of the world economy

As food prices soar a near record 11.3 percent today, there's a new outcrop of inflation looming, Jonathan Milne reports. NZ and the world now face a hard landing in which millions may lose their livelihoods.

Newsroom.co.nz

Davos 2023: Ukraine's first lady to deliver letter from Zelenskiy for China

Ukraine's first lady told the World Economic Forum on Tuesday she would deliver a letter to China's delegation setting out President Volodymyr Zelenskiy's proposals for ending Russia's war against his country.

Reuters

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Ukraine urges world leaders to intensify war efforts on first day at Davos

At World Economic Forum, country’s officials ask allies to step up military supplies to defeat Russia

The Guardian - UK

Unilever CEO says food prices are going higher, but Conagra diagrees

Warning at Davos contradicts Conagra CEO comments from last week.

Fortune

Davos 2023: Finland's Marin vows years of Ukraine support

Finland is prepared to support Ukraine in its war with Russia for as long as necessary, Finnish Prime Minister Sanna Marin said on Tuesday while speaking at the annual World Economic Forum in Davos.

Reuters

Davos 2023: Global growth to bottom out this year - IMF's Georgieva

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday global economic growth was expected bottom out in 2023 despite the continued Ukraine war and rising interest rates.

Reuters

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China back to 'normal', says vice-premier

DAVOS, Switzerland: China has returned to normal after the lifting of Covid-19 restrictions, Vice Premier Liu He told the World Economic Forum on Tuesday as he invited "international friends" to visit the country.

Bangkok Post

Davos 2023: Finland hopes Turkish minister's U.S. trip will boost its NATO membership bid

Finland said on Tuesday it hoped that Turkey's foreign minister's trip to the United States this week would bring positive impetus for it and Sweden's bids to join NATO, which have been held up as they lack backing from Turkey and Hungary.

Reuters

Davos 2023: Brazil lacking world aid to fight climate change-Silva

Brazil's Environment Minister, Marina Silva, said on Tuesday that international investments have not materialized as contributions to help her country reduce deforestation in the Amazon and contribute to fighting global climate change.

Reuters

DAVOS 2023: EU's Von der Leyen backs listing Iran's Guards as terrorist group

European Commission President Ursula von der Leyen said on Tuesday she backed listing Iran's Revolutionary Guards (IRGC) as a terrorist organisation to respond to the "trampling" of "fundamental human rights" in the country.

Reuters

Davos 2023: EU to counter U.S. climate game changer with own green deal

The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

Reuters

Davos 2023: China reopens its doors with investment pitch to global elite

China's Vice-Premier Liu He welcomed foreign investment and declared his country open to the world on Tuesday after three years of pandemic isolation.

Reuters

U.S.-China friction stokes concern among some top finance bosses

The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing of relations between the U.S. and China, speaking at the World Economic Forum in Davos on Tuesday.

Reuters

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Axios

Davos isn't irrelevant — yet

The power of Davos is its guest list.

France 24

Davos 2023: Ukraine's first lady takes centre stage

The World Economic Forum has officially kicked off in Davos. Ukraine's First Lady Olena Zelenska, EU Commission President Ursula von der Leyen and Chinese Vice Premier Liu He are among the expected speakers this Tuesday. Our Business Editor Kate Moody brings us an update from Davos, with insights on the…

Reuters

Davos 2023: Germany's allies press Scholz for green light on tanks for Ukraine

Germany's allies on Tuesday ramped up pressure on Chancellor Olaf Scholz to allow the supply of German-made Leopard tanks to Ukraine for deployment against Russia's invasion, ahead of a crunch defence ministers meeting on Friday.

The Independent UK

Live updates | World Economic Forum gathering in Davos

Polish President Andrzej Duda is predicting that the German government will agree one day to send powerful Leopard tanks to Ukraine, citing Germany’s membership in NATO and rising public support for Ukrainians beleaguered by Russia’s war

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The Independent UK

Ukraine first lady headlines first big day at Davos meeting

Ukraine’s first lady will give a rare international address as the World Economic Forum’s annual gathering in the snowy Swiss town of Davos gets into full swing

Asharq Al-Awsat

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…

France 24

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…

Reuters

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

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.

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