The Latest Breaking News from Davos

Ukrainian President Zelensky's speech at Davos emphasizes Europe's need to assert itself globally and unite against common threats.

European Commission president tells Davos that the bloc can no longer rely on ‘rising tide of global trade’

The Chancellor said she ‘will not rest’ until the economy is growing.

Beckham told the World Economic Forum girls were held back by violence, poverty and discrimination

The survey of chief executives, published ahead of the World Economic Forum, follows an upgraded growth forecast from the IMF

Some 300 people including two millionaires protested in Davos on Sunday. Demonstrators carried placards with slogans such as "Tax the rich", "Shut up! Pay taxes" and "Smash colonial capitalism".

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year, and it warned of an emerging “aristocratic oligarchy” with enormous political clout, primed to profit from Donald Trump’s presidency…

Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.