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The Latest Breaking News from World Economic Forum

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 · Jan 17, 2023

EU readies sovereignty fund to fight off US, Chinese competition

EU chief Ursula von der Leyen on Tuesday announced the preparation of a "sovereignty fund" and a Net Zero Industry Act, both intended to defend Europe's industrial base from subsidised US and Chinese competitors.

Radio France Internationale · Jan 17, 2023

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 · Jan 17, 2023

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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."

Axios · Jan 17, 2023

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 · Jan 17, 2023

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 · Jan 17, 2023

EU Outlines Plan for Clean Tech Future Boosted by Subsidies

The European Union pushed forward on Tuesday with a massive clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival as it faces challenges from China and the United States. EU Commission President Ursula von…

Asharq Al-Awsat · Jan 17, 2023

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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 · Jan 17, 2023

Saudi Arabia Advances 10 Ranks Internationally in Gender Pay Gap

Saudi Arabia has achieved remarkable progress in the fields of training and gender balance in the labor market, after it approved several regulations and legislation for the development of human capabilities and women empowerment. Last year, Crown Prince Mohammad bin Salman launched the Human Capacity Development Program, within the Kingdom’s…

Asharq Al-Awsat · Jan 17, 2023

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…

France 24 · Jan 17, 2023

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

The Independent UK · Jan 17, 2023

WEF: ‘We have everything we need to speed up the energy transition. It’s time to tackle humanity’s greatest challenge’

For the first time in history, humanity can mitigate the damage it has caused to the climate, writes World Economic Forum managing director Jeremy Jurgens.

Fortune · Jan 17, 2023

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

The Independent UK · Jan 17, 2023

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 · Jan 17, 2023

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France 24 · Jan 16, 2023

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…

The Independent UK · Jan 16, 2023

Nearly a quarter of UK chief executives admit business models will not be viable in a decade

Global executives offer gloomiest-ever outlook for global economy, PwC finds

Irish Mirror · Jan 16, 2023

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 · Jan 16, 2023

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.

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The Guardian - UK · Jan 16, 2023

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 · Jan 16, 2023

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.

The Independent UK · Jan 16, 2023

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 Guardian - UK · Jan 16, 2023

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

The Independent UK · Jan 16, 2023

As elites arrive in Davos, conspiracy theories thrive online

The World Economic Forum’s annual meeting — which will draw some of the world’s wealthiest and most influential figures to the Swiss mountain town of Davos this week — has increasingly become a target for bizarre claims from a growing chorus of commentators who believe the forum involves a group…

Evening Standard · Jan 16, 2023

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 · Jan 16, 2023

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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