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The Latest Breaking News from World Economic Forum

Davos day 1: China ‘passed peak Covid’; Kissinger backs Ukraine Nato membership, as first lady Zelenska seeks support – as it happened

Rolling coverage from the World Economic Forum in Davos, where vice-premier Liu He says China has passed its peak of Covid-19 infections

The Guardian - UK

Davos organizers: Musk wasn't invited despite what he says

The World Economic Forum says billionaire Elon Musk wasn’t on the guest list for the annual meeting of business executives, global leaders and cultural trend-setters in Davos, Switzerland — despite what the Twitter owner claims

The Independent UK

China Back to ‘Normal’ after End of COVID Curbs, Says Official

China has returned to normal after the lifting of Covid-19 restrictions, Vice Premier Liu He told the World Economic Forum on Tuesday as he invited "international friends" to visit the country. China abruptly dropped its "zero-Covid" approach last month after three years of enforcing some of the harshest anti-pandemic restrictions…

Asharq Al-Awsat

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Saudi Arabia, WEF Launch Innovation Accelerator, Explore Collaborations in Global Metaverse Village

A high-level delegation from Saudi Arabia participated in a multilateral meeting with the World Economic Forum’s (WEF) leadership at WEF’s 2023 Annual Meeting in Davos. Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs; Princess Reema bint Bandar Al Saud, Ambassador to the United States; Abdullah bin Amer Alswaha,…

Asharq Al-Awsat

Why Manchester United have set up shop at World Economic Forum

Man Utd are being represented at the World Economic Forum in Davos, Switzerland amid ongoing takeover talks.

Manchester Evening News

Rocks ahead! Leaders struggle at the helm of the world economy

As food prices soar a near record 11.3 percent today, there's a new outcrop of inflation looming, Jonathan Milne reports. NZ and the world now face a hard landing in which millions may lose their livelihoods.

Newsroom.co.nz

Davos 2023: Ukraine's first lady to deliver letter from Zelenskiy for China

Ukraine's first lady told the World Economic Forum on Tuesday she would deliver a letter to China's delegation setting out President Volodymyr Zelenskiy's proposals for ending Russia's war against his country.

Reuters

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Ukraine urges world leaders to intensify war efforts on first day at Davos

At World Economic Forum, country’s officials ask allies to step up military supplies to defeat Russia

The Guardian - UK

Davos 2023: Finland's Marin vows years of Ukraine support

Finland is prepared to support Ukraine in its war with Russia for as long as necessary, Finnish Prime Minister Sanna Marin said on Tuesday while speaking at the annual World Economic Forum in Davos.

Reuters

EU readies sovereignty fund to fight off US, Chinese competition

EU chief Ursula von der Leyen on Tuesday announced the preparation of a "sovereignty fund" and a Net Zero Industry Act, both intended to defend Europe's industrial base from subsidised US and Chinese competitors.

Radio France Internationale

China back to 'normal', says vice-premier

DAVOS, Switzerland: China has returned to normal after the lifting of Covid-19 restrictions, Vice Premier Liu He told the World Economic Forum on Tuesday as he invited "international friends" to visit the country.

Bangkok Post

Ukraine's First Lady Olena Zelenska urges leaders to use "influence," unity needed for peace

“We are facing the collapse of the world as we know it, the way we are accustomed to it or to what we aspire."

Axios

DAVOS 2023: EU's Von der Leyen backs listing Iran's Guards as terrorist group

European Commission President Ursula von der Leyen said on Tuesday she backed listing Iran's Revolutionary Guards (IRGC) as a terrorist organisation to respond to the "trampling" of "fundamental human rights" in the country.

Reuters

Davos 2023: China reopens its doors with investment pitch to global elite

China's Vice-Premier Liu He welcomed foreign investment and declared his country open to the world on Tuesday after three years of pandemic isolation.

Reuters

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Asharq Al-Awsat

EU Outlines Plan for Clean Tech Future Boosted by Subsidies

The European Union pushed forward on Tuesday with a massive clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival as it faces challenges from China and the United States. EU Commission President Ursula von…

Reuters

U.S.-China friction stokes concern among some top finance bosses

The bosses of global investor Fidelity International and accountancy giant EY have voiced concerns about a fracturing of relations between the U.S. and China, speaking at the World Economic Forum in Davos on Tuesday.

Asharq Al-Awsat

Saudi Arabia Advances 10 Ranks Internationally in Gender Pay Gap

Saudi Arabia has achieved remarkable progress in the fields of training and gender balance in the labor market, after it approved several regulations and legislation for the development of human capabilities and women empowerment. Last year, Crown Prince Mohammad bin Salman launched the Human Capacity Development Program, within the Kingdom’s…

France 24

Davos 2023: Ukraine's first lady takes centre stage

The World Economic Forum has officially kicked off in Davos. Ukraine's First Lady Olena Zelenska, EU Commission President Ursula von der Leyen and Chinese Vice Premier Liu He are among the expected speakers this Tuesday. Our Business Editor Kate Moody brings us an update from Davos, with insights on the…

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The Independent UK

Live updates | World Economic Forum gathering in Davos

Polish President Andrzej Duda is predicting that the German government will agree one day to send powerful Leopard tanks to Ukraine, citing Germany’s membership in NATO and rising public support for Ukrainians beleaguered by Russia’s war

Fortune

WEF: ‘We have everything we need to speed up the energy transition. It’s time to tackle humanity’s greatest challenge’

For the first time in history, humanity can mitigate the damage it has caused to the climate, writes World Economic Forum managing director Jeremy Jurgens.

The Independent UK

Ukraine first lady headlines first big day at Davos meeting

Ukraine’s first lady will give a rare international address as the World Economic Forum’s annual gathering in the snowy Swiss town of Davos gets into full swing

Asharq Al-Awsat

Saudi Arabia, Iraq Discuss Efforts to Bolster Regional Security, Stability

Saudi Foreign Minister Prince Faisal bin Farhan bin Abdullah held talks with his Iraqi counterpart Fuad Hussein on the sidelines of the World Economic Forum in Davos on Monday. Discussions focused on joint efforts to preserve security and stability in the Middle East. They reviewed the strong bilateral relations between…

France 24

Davos 2023: Oxfam calls for windfall taxes as report shows widening inequality

Oxfam's latest report on inequality shows that two thirds of global wealth created since the Covid-19 pandemic has gone to the top 1 percent of earners. As the 2023 World Economic Forum gets underway, the anti-poverty NGO is calling for windfall taxes on wealthy individuals and corporate profits. FRANCE 24's…

The Independent UK

Nearly a quarter of UK chief executives admit business models will not be viable in a decade

Global executives offer gloomiest-ever outlook for global economy, PwC finds

Irish Mirror

Taoiseach committed to tackling climate as environmental issues dominate list of threats to humanity

Taoiseach Leo Varadkar says he “is planning to engage on these issues” and “other pressing challenges including the war in Ukraine

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