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The Latest Breaking News from Davos

Psyched: Medical Psychedelics In Davos, Canadian Sen Does Psychedelics, Ei.Ventures & Mycotopia To Merge Into $383M Company

Medical Psychedelics have made it into Davos, just in time for the World Economic Forum.

Benzinga

Ukraine invasion may be start of third world war and ‘civilisation may not survive it,’ says Soros

The 91-year-old financier told Davos that Western countries must defeat Vladimir Putin’s forces to preserve free society

The Independent UK

Cambodian minister ‘believes’ full reconciliation with US to come

FRANCE 24 interviewed Kao Kim Hourn, Cambodia's minister delegate to Prime Minister Hun Sen, from the World Economic Forum in Davos. Hourn said he believes a full reconciliation with the US will occur. He affirmed that no Chinese military base has been established in Cambodia, and said that China does…

France 24

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L’Oreal CEO Says No Inflation Impact So Far on Beauty Product Consumption

French cosmetics group L'Oreal is not so far seeing any impact from inflation on purchases of beauty products, its chief executive told Reuters on Tuesday. "So far we see no impact of inflation and price impacts on consumers' beauty consumption," L'Oreal CEO Nicolas Hieronimus said after speaking on a panel…

Asharq Al-Awsat

Andhra Pradesh CM Jagan meets industry captains, meets Arcelor steel Chairman Aditya Mittal

DAVOS

The Hindu

Food crisis fuels fears of protectionism compounding shortages

A growing world food crisis is precipitating protectionist moves by countries which are likely to compound the problem and could lead to a wider trade war, business leaders and policymakers at the World Economic Forum said.

Reuters

US Climate Envoy Kerry Says Ukraine War No Excuse to Let Up on Climate Fight

The US climate envoy John Kerry told the World Economic Forum (WEF) on Tuesday that the global energy crisis wrought by the war in Ukraine should not deepen the world's dependence on fossil fuels causing climate change. "There has to be a resupply to Europe of gas that has been…

Asharq Al-Awsat

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KTR hardsells Telangana at Davos

Meets top honchos of tech and pharma companies

The Hindu

Andhra Pradesh CM bats for decarbonised economy in Davos

Jagan invites global players to tap State’s potential of producing green energy

The Hindu

Micheal Martin and Leo Varadkar slammed for jetting off to Davos to 'party' at World Economic Forum

'The decisions made in Davos are not made in the interests of ordinary people'

Irish Mirror

Piyush Goyal bats for local supply chains at Davos

Commerce Minister expresses concern over ‘excessive dependence’ on international supply chains at WEF

The Hindu

EU’s von Der Leyen Says Russia Is Using Food Supplies as a Weapon

Russia is using food supplies as a weapon with global repercussions, acting the same way as it does in the energy sector, European Commission President Ursula von der Leyen said on Tuesday. Speaking at the annual World Economic Forum held in Davos, Switzerland, she said "global cooperation" was the "antidote…

Asharq Al-Awsat

Nato head warns over risks of close economic ties with Russia and China

Jens Stoltenberg tells business leaders in Davos that values should matter more than profits

The Guardian - UK

Davos climate focus: Can 'going green' mean oil and gas?

Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar

The Independent UK

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France 24

Davos 2022: What role for cryptocurrencies?

The war in Ukraine, inflation, plus food and energy insecurity continue to dominate the World Economic Forum in Davos. But participants are also discussing issues like climate change and digital development. FRANCE 24 Business Editor Kate Moody has been speaking to the head of the Crypto Council for Innovation, Sheila…

The Independent UK

Davos updates | Climate top of the agenda amid key speeches

The World Economic Forum’s annual gathering is resuming for a second day, with business leaders, government officials, representatives from global institutions and journalists gearing up for more panel talks and networking at the exclusive meeting in the Swiss Alps

France 24

Davos 2022: Businesses face post-pandemic labour shortage

While most advanced economies are recovering from the worst effects of the pandemic, labour markets are facing a new and unexpected challenge: a shortage of workers. It's one of the issues business leaders are discussing at the World Economic Forum in Davos, Switzerland. Christophe Catoir, President of Adecco, tells FRANCE…

Asharq Al-Awsat

Saudi Finance Minister Expects 7.4% Growth in 2022

Saudi Finance Minister Mohammed al-Jadaan announced that the Kingdom expects a 7.4 percent growth in 2022. Speaking at a panel on the economic outlook for the MENA region at the World Economic Forum in Davos (WEF), Jadaan explained that Saudi oil GDP would grow 19 percent this year due to…

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Caixin Global

Exclusive: Davos Photo Used by U.S. Congressman to Criticize China Didn’t Show Anyone Chinese

Figures accused of not standing up during an ovation for the Ukrainian president’s speech at the World Economic Forum were actually from the Vietnamese delegation

Reuters

South Korea to call at Davos for COVID aid for North - envoy

South Korea will issue a call this week at the World Economic Forum for COVID-19 vaccines and other medical help for North Korea, even if that means exemptions from U.N. sanctions imposed over its nuclear programme, a senior official said on Tuesday.

Reuters

Davos booster for $18 billion fund to fight AIDS, tuberculosis and malaria

A global health fund has raised a third of the $18 billion it says is needed to reverse setbacks caused by the coronavirus pandemic and combat AIDS, malaria and tuberculosis.

The Guardian - UK

Davos day two: Global tax deal delayed; Von der Leyen on Russian food ‘blackmail’ – as it happened

Rolling coverage of the second day of the World Economic Forum in Davos

The Independent UK

Ukraine news - live: Russia’s all-out eastern assault ‘may determine course of war’

Putin’s forces attempting to encircle troops in twin cities straddling river in east of country

The Hindu

Morning Digest | Quad leaders meet in Tokyo at 2nd in-person summit; India to be the leader of green hydrogen, says Puri in Davos, and more

A select list of stories to read before you start your day

Reuters

Ukraine can win war, Hollywood's Liev Schreiber says in Davos

Ukraine can win the war against Russia but it will be a long fight and the conflict must not be allowed to fade out of the news, Hollywood actor Liev Schreiber said on Monday in Davos.

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