Uruguay continues to be Latin America's leading country regarding energy transition towards renewable sources, according to an index released jointly this week by the World Economic Forum and the Accenture consultancy firm.
Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.
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.
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.
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.
The world's richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, the charity Oxfam said on Monday. It said poor women and girls were at the bottom of the scale, putting in 12.5 billion hours of unpaid care work each and every day, estimated to be worth at least US$10.8 trillion a year.
Ecuador may use financing from the International Monetary Fund (IMF) to balance its budget, as the South American country seeks to reduce a swollen fiscal deficit and its international debt, the finance minister admitted on Friday.
Brazil's new far-right government on Thursday gave hundreds more public servants the power to keep official records from the public for decades by labeling them secret and ultra-secret. Vice President Hamilton Mourao, standing in while President Jair Bolsonaro was at the World Economic Forum in Davos, signed the decree expanding exceptions within the 2011 transparency law.
The new chief executive of Goldman Sachs says that a difficult Brexit will negatively affect its investment plans in the UK. David Solomon told the BBC that while there has been a hiring freeze in the UK, the bank has been adding staff in the EU over the last two years.
China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite.