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The Latest Breaking News from WEF

The New International Economic Order stumbled once before. Will it succeed a second time around?

Calls for a new approach to the management of global affairs intensified after the curtain came down on this year’s World Economic Forum (WEF) annual meeting held at Davos, Switzerland.

The Conversation

Top Stories of the Month: The Questions Hanging Over Ant Group

Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry

Caixin Global

Wake up, Davos … global leaders must think local to solve the world’s problems

Last week’s Swiss pow-wow was all very well, but the solutions to poverty and climate change lie in the field

The Guardian - UK

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What we learned at Davos: signs of hope emerge from the pessimism

Prospects for artificial intelligence and green transition fuel sense that the only way is up for the global economy

The Guardian - UK

Davos 2023: China reopening? Good for growth, but tread with caution

China's declaration that it is open for business was welcomed by attendees at the World Economic (WEF) as a likely boost to global growth, though many also expressed caution over how it could drive up global COVID-19 cases and inflation.

Reuters

Davos 2023: Key takeaways from the World Economic Forum

Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after a frank exchange of views over how the world will tackle its biggest issues in 2023.

Reuters

Davos day 4: IMF’s Georgieva says economic outlook ‘less bad’ than feared; Russia heading for ‘incredible poverty’ – as it happened

Rolling coverage of the final day of the World Economic Forum

The Guardian - UK

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Greta Thunberg says it is ‘absurd’ to ‘listen to those fuelling destruction of the planet’ in Davos

‘These people are going to go as far as they possibly can as long as they can get away with it,’ activist says

The Independent UK

I’m a millionaire – this is why I’m at Davos begging to pay more tax

I’ve seen how growing inequality is tearing societies apart. Now I’m calling for the world’s richest people to pay their fair share, says founder member of Patriotic Millionaires UK Phil White

The Guardian - UK

Ukraine a ‘special case’: Is the WEF ‘hypocritical’ on Palestine?

WEF head Klaus Schwab said the letter comparing Ukraine with Palestine was ‘deeply insulting’ and ‘offensive’.

Al Jazeera

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

All eyes were on Greta Thunberg on Thursday as she called on the global energy industry and its financiers to end all fossil fuel investments at a high-profile meeting in Davos with Fatih Birol, the head of the International Energy Agency (IEA).

Reuters

Mutiny erupts among WEF staff over role of ‘Mr Davos’

Founder and chair Klaus Schwab has run forum for 52 years but is now seen by some past and present staff as ‘a law unto himself’

The Guardian - UK

Saudi Minister Says Efforts Underway to Stabilize Energy Security

Saudi Foreign Minister Prince Faisal bin Farhan said that his country is “working to stabilize energy security,” adding that the OPEC Plus has faced market fluctuations and worked for the benefit of both producers and consumers. In remarks during a session of the Davos 2023 World Economic Forum (WEF) on…

Asharq Al-Awsat

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

The first day of official programming at the World Economic Forum's (WEF) annual meeting kicked off on Tuesday with bold declarations by Europe and China in attempts to bolster their positions in the world.

Reuters

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The Conversation

Davos: three ways leaders can use these summits to create a more sustainable world

Davos 2023 is the World Economic Forum’s (WEF) first in-person annual meeting since the start of the COVID pandemic. The yearly gathering sees business, political and civil society leaders convene in the Swiss mountain resort with academics, journalists and celebrities to discuss global economic agendas. Many regard it as essentially…

Asharq Al-Awsat

Saudi Arabia, WEF Launch Innovation Accelerator, Explore Collaborations in Global Metaverse Village

A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting in Davos. Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs; Princess Reema bint Bandar Al Saud, Ambassador to the United States; Abdullah bin Amer Alswaha,…

Axios

Ukraine's First Lady Olena Zelenska urges leaders to use "influence," unity needed for peace

“We are facing the collapse of the world as we know it, the way we are accustomed to it or to what we aspire."

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.

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Irish Mirror

Taoiseach committed to tackling climate as environmental issues dominate list of threats to humanity

Taoiseach Leo Varadkar says he “is planning to engage on these issues” and “other pressing challenges including the war in Ukraine

Reuters

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.

The Guardian - UK

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

Reuters

Brazil to reinforce fiscal, democratic and environmental commitments, says Haddad

Brazil's delegation arrived at the World Economic Forum (WEF) with a commitment to defend democracy and the sustainability of both its public accounts and the environment, Finance Minister Fernando Haddad said on Monday.

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

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

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