Tag: Davos

Wednesday, January 18th 2023 - 20:25 UTC
UN Secretary-General warns many countries are on the brink of recession

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

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

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

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

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

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.
Thursday, January 28th 2021 - 09:14 UTC
Putin criticizes “digital giants” that challenge “legitimate democratic institutions”

Russian President Vladimir Putin criticized the growing influence of U.S. social media companies and said their impact on society now puts them in competition with elected governments.
Saturday, January 25th 2020 - 09:00 UTC
Even the richest of the richest now admit climate change is an existential threat

By Gwynne Dyer – Donald Trump's speech to the World Economic Forum in Davos on Monday contained no surprises: half an hour of chest-thumping self-praise, although without the usual xenophobia and dog-whistle racism. It was, after all, an audience of the ultra-rich and powerful in which most of the movers and shakers were not American.
Friday, January 24th 2020 - 08:40 UTC
Maduro goads opposition leader Guaidó who called on Davos for an end to the “blood gold” flow out of Venezuela

Venezuela President Nicolas Maduro goaded opposition leader Juan Guaido during a rally in Caracas on Thursday, taunting his rival for failing to unseat him. A year ago, parliament speaker Guaido launched a challenge to Maduro's authority by declaring himself acting president, a move backed by more than 50 countries.
Friday, January 24th 2020 - 07:54 UTC
Philanthropist Soros pledges 1 billion dollars in support of civil society; criticizes Trump, Xi and Putin

US financier and philanthropist George Soros on Thursday pledged one billion dollars for a new university network project to battle the erosion of civil society in a world increasingly ruled by “would-be and actual dictators” and beset by climate change.