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MercoPress, en Español

Montevideo, November 21st 2024 - 21:05 UTC

Tag: Davos

  • Monday, January 29th 2024 - 11:02 UTC

    Falklands' Argentina/UK dispute “fresh start”, according to London media

    The photo of Lord Cameron and president Milei at Davos, following a “warm and cordial” discussion setting out mutual support for a more constructive relationship

    Britain is preparing to offer Argentina improved diplomatic, political, and trade terms since the new liberal government of President Javier Milei took office. The expected approach of a fresh start, and a relief for the Falkland Islands dispute, was anticipated at the World Economic Forum at Davos, Switzerland, during a brief meeting and photo between British foreign minister Lord David Cameron and President Milei.

  • Thursday, January 18th 2024 - 10:59 UTC

    Milei holds “very good” meeting with Georgieva

    Milei and Georgieva met for 25 minutes

    Argentine President Javier Milei said his 25-minute meeting Wednesday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva at the World Economic Forum was “very good” after a verbal agreement was reached last week between the credit agency and the South American country. It was the first time that Milei and Georgieva saw each other face to face.

  • Wednesday, January 17th 2024 - 19:18 UTC

    Argentina and UK explore economic ties and Falklands resolution in Davos meeting

    Milei mentioned that the discussions didn't delve deeply into the Falklands matter, but they framed it as an agenda item. He expressed a perspective on resolving it through a Hong Kong model

    Argentine President Javier Milei and British Foreign Secretary David Cameron met at the World Economic Forum on Wednesday, signalling a commitment to enhance bilateral trade relations and address the dispute over the Falkland/Malvinas Islands. Both nations engaged in a conflict over this territory in 1982, when Argentina invaded the South Atlantic islands. Since then, the South American country has maintained its claim to sovereignty.

  • Saturday, January 13th 2024 - 11:02 UTC

    Milei to visit “nefarious” Pope Francis next month

    Before Francis, Milei is scheduled to appear at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 17

    Argentine-born Pope Francis will have a private meeting at the Vatican on Feb. 11 with Javier Milei, the president of his native country, after the latter spoke ill of the Catholic leader during his election campaign, it was reported in Buenos Aires.

  • Wednesday, January 18th 2023 - 20:25 UTC

    UN Secretary-General warns many countries are on the brink of recession

    Guterres also spoke of the “Great Divide” between the United States and China

    United Nations Secretary-General António Guterres denounced Wednesday during his appearance before the World Economic Forum (WEF) in Davos, Switzerland, that many countries were on the brink of recession, amid growing inflation in economies still to recover from the Covid-19 pandemic.

  • Saturday, January 14th 2023 - 10:28 UTC

    Brazilian Finance and Environment ministers will attend the Davos Forum

    Fernando Haddad and Marina Silva will make the round of bilateral contacts to ensure Economy and Environment in Brazil are working together

    Brazil's Minister of Finance Fernando Haddad and the Minister of Environment Marina Silva will be the official representatives to the World Economic Forum, (WEF) scheduled for January 16/20 in Davos, Switzerland and the message from the delegation to global investors is that the weekend's turmoil “belongs to the past and Brazil is ready to play its important role in international politics”.

  • Saturday, January 14th 2023 - 10:21 UTC

    World Economic Forum says more green sector workers needed

    South Africa, Brazil, and Spain are the three countries with the highest deficits in these fields

    A report released by the Davos-based World Economic Forum (WEF) highlighted that countries should increase by 66% the number of employees in the green economy, which includes agriculture and fisheries, sustainable construction, environment, civil, and chemical engineering sectors. The document also pointed out that 37% more doctors and teachers were needed.

  • Monday, January 24th 2022 - 09:29 UTC

    IMF chief warns indebted countries on Fed's announced policy of higher rates

    Speaking at the Davos Agenda virtual meeting last week Georgieva said higher US interest rates will make it more expensive for countries to service their debts

    The IMF managing director warned that interest rate hikes by the Federal Reserve could have serious implications for counties with high levels of debt in dollars, “cold water” on already weak economic recoveries, or in the process of negotiating debts.

  • Monday, January 24th 2022 - 09:23 UTC

    Global Inflation: Brazil's Guedes and Europe's Lagarde have opposing positions

    Speaking at the Davos Agenda virtual event, Guedes argued, “I think the central banks are sleeping at the driving wheel. They should be aware...”

    Brazilian economy minister Paulo Guedes said that inflation will become a long-term challenge for Western countries, since “the beast is already out of the bottle”, and central bankers have been caught “sleeping at the driving wheel”.

  • Tuesday, January 18th 2022 - 09:50 UTC

    World Economic Forum warns of dark future ahead for Argentina

    Some analysts foresee inflation around 85% for the year 2022 if an agreement with the IMF is not reached

    The World Economic Forum (WEF) has said Argentina's future was anything but promising as a result of the lethal combination of inflation and the state's financial collapse.

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