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The Latest Breaking News from Davos

Satya Nadella says he’s ’good for $80 billion’ after Elon Musk claims Stargate Project doesn’t have the cash

Microsoft announced at the start of the year an $80 billion war chest for AI investment.

Fortune

Trump To Take Virtual Center Stage In Davos

Donald Trump on Thursday will star in an eagerly-anticipated online appearance at the World Economic Forum in Davos, addressing global elites whose annual gabfest has been consumed by the US president's days-old second term.

International Business Times

Palestinian President Abbas appoints Mohammed Mustafa as prime minister

The move comes as the Palestinian Authority faces pressure to reform from the US amid Israel’s war on Gaza.

Al Jazeera

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Climate, chaos and war fill a doomy agenda at Davos

The World Economic Forum has already wrestled with pandemic and recession, but the troubles keep coming

The Guardian - UK

As elites arrive in Davos, conspiracy theories thrive online

The World Economic Forum’s annual meeting — which will draw some of the world’s wealthiest and most influential figures to the Swiss mountain town of Davos this week — has increasingly become a target for bizarre claims from a growing chorus of commentators who believe the forum involves a group…

The Independent UK

Prince Harry: if philanthropy is the aim, tales of sex and killings aren’t the best way to the top table at Davos

These latest interviews and revelations show that Prince Harry is more a driving force behind the rifts with his family than Meghan could ever have been — but where will it end? Cetainly not with the world’s elite at Davos, says Anne McElvoy

Evening Standard

Globalisation: a well-managed decline required

The World Economic Forum's first meeting in more than two years was markedly different from the many previous Davos conferences that I have attended since 1995. It was not just that the bright snow and clear skies of January were replaced by bare ski slopes and a gloomy May drizzle.…

Bangkok Post

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Weekly Must-Read: China’s Plan to Overhaul Its $3.7 Trillion Mutual Fund Industry

Securities authority says the industry should become more diverse and focus on long-term returns

Caixin Global

Ukraine says 87 were killed in Russian air strike last week

Eighty seven people were killed in a Russian air strike on the village of Desna last Tuesday, Ukrainian President Volodymyr Zelenskiy said on Monday during a speech to global business leaders at Davos.

Reuters

Janet Yellen co-opts Reaganomics phrase for new Davos speech

The U.S. needs to focus on increasing its productive potential, the Treasury secretary will tell world leaders.

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