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The Latest Breaking News from World Economic Forum

Davos 2023: Recession casts long shadow over opening of WEF summit

The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum's annual meeting counted the likely cost for their economies and businesses.

Reuters

Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’

Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins

The Guardian - UK

Brazil to reinforce fiscal, democratic and environmental commitments, says Haddad

Brazil's delegation arrived at the World Economic Forum (WEF) with a commitment to defend democracy and the sustainability of both its public accounts and the environment, Finance Minister Fernando Haddad said on Monday.

Reuters

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Economic woes, war, climate change on tap for Davos meeting

The World Economic Forum is back with its first winter meetup since 2020 in the Swiss Alpine town of Davos

The Independent UK

Economists warn of global recession danger ahead of World Economic Forum at Davos – as it happened

Live, rolling coverage of business, economics and financial markets as economists for major businesses forecast weak economic growth in Europe and the US

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

Davos 2024: What is it, who is attending, and why is it controversial?

Kicking off on January 15, this year’s World Economic Forum's theme is Rebuilding Trust

Evening Standard

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South African leader skips Davos amid electricity crisis

South African President Cyril Ramaphosa has canceled his trip to the World Economic Forum in Davos in order to deal with his country’s worsening power blackouts

The Independent UK

Calls for new tax as richest 1% of Irish people own more than a quarter of country’s wealth

Oxfam Ireland is calling for a tax on Irish wealth at graduated rates of 2%, 3% and 5% above a threshold of 4.7 million euro, which it said would raise billions annually 'with the potential to transform Irish public services'

Irish Mirror

Richest 1% of Irish people own more than a quarter of country’s wealth – Oxfam

The charity said the richest 1% in Ireland have gained 70 times more wealth than the bottom 50% in the last 10 years.

The Independent UK

Who is – and who is not – attending the World Economic Forum?

Some 2,700 leaders from 130 countries, including 52 heads of state and government, will be at the meeting in Davos.

Al Jazeera

Monday briefing: Does the Davos conference really have the answers to the world’s problems?

In today’s newsletter: As the high society conference kicks off in the Swiss Alps, it faces new questions about its influence in a fractured world

The Guardian - UK

Davos forum to tackle Ukraine war, climate crisis and 'de-globalisation'

The world's political and business elites gather for the annual Davos summit from Monday to promote "cooperation in a fragmented world", with war in Ukraine, the climate crisis and global trade tensions high on the agenda.

France 24

At Davos, a sidelined club laments tax 'hypocrisy' as the richest talk climate instead

The Club of Rome, which became famous in the early 1970s for sounding the alarm bell on the planet’s “limits to growth," is sidelined from the event this year.

Fortune

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Al Jazeera

Richest 1% bag two-thirds of $42 trillion in new wealth: Oxfam

Charity calls for more taxes on the rich as World Economic Forum gathers for annual meeting in Davos, Switzerland.

The Guardian - US

The world’s biggest PR firm claims to be an expert on trust – but is it?

Edelman, which will publish the latest edition of its ‘trust barometer’ at Davos, says trust is its legacy – but critics say its reluctant to follow its own advice

The Guardian - UK

Davos’s elite will need to do some soul-searching in a world falling apart

The first proper World Economic Forum for three years will take place against a humbling backdrop of crisis and conflict

Caixin Global

Chinese Vice Premier Liu He to Attend World Economic Forum in Davos

Event returns to traditional in-person format for the first time since the pandemic’s outbreak three years ago forced it to go virtual

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The Independent UK

Private jet emissions quadruple during Davos summit

Climate activists brand World Economic Forum ‘masterclass in hypocrisy’

Fortune

World Economic Forum flags ESG risks—but hardly mentions the controversial term in its Davos agenda

Long-term, the Davos crowd is worried about persistent ESG concerns.

The Independent UK

Davos report: Cost-of-living crisis overshadows climate

A report by the World Economic Forum says climate change is the global economy’s biggest long-term challenge but one the world is least prepared to tackle because of short-term problems led by a cost-of-living crisis

The Independent UK

Davos to host leaders, CEOs amid weighty global issues

The Swiss town of Davos will host 52 heads of state and government and nearly 600 CEOs as the World Economic Forum hosts its annual meeting in the Alps next week

Reuters

Davos expects record turnout as resumes winter slot

A record number of business and government leaders will descend on the Swiss resort of Davos next week to pore over challenges ranging from global economic slowdown to environmental collapse as the World Economic Forum returns to its winter slot.

Reuters

Chinese Vice-Premier Liu to attend Davos meeting next week - SCMP

Chinese Vice-Premier Liu He will travel to Davos, Switzerland next week for the World Economic Forum's annual meeting, the South China Morning Post reported on Monday, citing people familiar with the matter.

France 24

Does Iceland live up to its reputation as a paradise for gender equality?

Iceland is perhaps best known for its glaciers and the stunning Northern Lights. But the island is also a laboratory scrutinised for its democratic and social model. Founded in the year 930, its parliament is no doubt one of the oldest in the world. For more than a decade, Iceland…

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