‘Climate change is biggest threat to global economy’
The United Nations Secretary-General, António Guterres has warned that climate change was the most important global systemic threat in relation to the global economy that required a unified response in the form of inclusive multilateralism involving all parts of society. Speaking to leaders at the World Economic Forum in Davos last week in Davos, the UN’s…
Activists wary of Saudi Davos welcome after Khashoggi murder
Activists are criticising the World Economic Forum for allowing a large Saudi presence in Davos this week without devoting time to the murder of journalist Jamal Khashoggi. The Saudi presence "is deeply distressing", Amnesty International chief Kumi Naidoo told AFP on the sidelines of the annual meeting of the global elite in the Swiss Alps.…
IMF Chief meets South Africa’s Ramaphosa in Davos to discuss economy
IMF chief Christine Lagarde said on Tuesday she had met with South African Deputy President Cyril Ramaphosa on the sidelines of the World Economic Forum in Davos and agreed that structural challenges were a burden to economic growth in Africa’s largest economy. Their meeting comes a day after the International Monetary Fund cut South Africa’s…
Trump will be 'best salesperson' for US economy at Davos
US President Donald Trump is aiming to be the "best salesperson" for American economic interests when he goes to Davos later this week, the White House said Tuesday.
Snow-bound Davos warms to business-friendly climate
After spectacular snowfall that stranded high-flying delegates on their way to Davos, the World Economic Forum starts in earnest on Tuesday basking in robust global growth but facing warnings that the world's have-nots are missing out more than ever.