Tag: World Economic Forum

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.
Monday, January 20th 2020 - 08:14 UTC
World billionaires are richer than 60% of the global population, Oxfam charity

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.
Monday, January 28th 2019 - 09:09 UTC
Ecuador planning IMF support to balance the budget and implement reforms

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.
Friday, January 25th 2019 - 09:51 UTC
Foggy burial for Bolsonaro's promises of a transparency era

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.
Friday, January 25th 2019 - 09:06 UTC
Goldman Sachs chief concerned with Brexit, but the main worry in China/US trade dispute

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.
Wednesday, January 23rd 2019 - 09:09 UTC
Davos will listen to China, Europe and Japan leaders this Wednesday

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.
Friday, September 21st 2018 - 08:35 UTC
US/Beijing trade war: China plans to reduce tariff rates on imports next October, reports Bloomberg

China plans to reduce the average tariff rate on imports from most of its trading partners as soon as October, Bloomberg News reported on Thursday. In July, China cut import tariffs on almost 1,500 consumer products ranging from cosmetics to home appliances as part of efforts to open up its economy, the world’s second biggest.
Tuesday, January 30th 2018 - 19:37 UTC
Argentina promotes B20 agenda in London

Daniel Funes de Rioja, Chair of B20, promoted the B20 agenda among British business, chambers, institutions and members of the press at the “B20 Priorities and Challenges” seminar at the Argentine Official Residence in London.
Saturday, January 27th 2018 - 09:39 UTC
Trump tells Davos forum “America First”, but it does not mean America alone

President Trump declared America “open for business” in a speech on Friday to global to political and business elites in Davos, Switzerland, while taking a hard line on trade and vowing to make commerce with other countries “fair and reciprocal.”