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The Latest Breaking News from Davos

Can the super-rich tell us how to save the planet? Gen Z certainly think so

Critics on both the right and left dislike the Davos jet-set’s virtue signalling, but it does at times result in virtuous acts

The Guardian - UK

Australia's defence and diplomacy straddles space between China and the United States

Davos, defence spending and China

Newcastle Herald

Big tech is crowing about A.I. as it lays off tens of thousands of workers

Microsoft is letting go of 10,000 workers while CEO Satya Nadella tells Davos, "A golden age of A.I. is underway."

Fortune

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Sting reportedly played elite Microsoft event as layoffs loomed

SEATTLE — Striking the right corporate tone for a major layoff can’t be easy.

Tribune News Service

Davos attendees see dawn of new U.S. industrial policy

If the U.S. wants to reach tipping points in green energy technologies before climate change gets out of control, it would do well to take a page from the Asian playbook on industrial policy.

Fortune

Hackers crash internet as 'Russian Davos' adjusts to new reality

Hackers on Friday delayed the start of President Vladimir Putin's speech to Russia's flagship economic forum, shorn of strong Western participation as Russia adjusts to the "new reality" of life under Western sanctions.

Reuters

Davos 2022 meeting was a missed opportunity over globalisation

Business and political elite embraced new ethos at WEF without reflecting on past mistakes

The Guardian - UK

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Saudi Arabia, WEF Sign Two MoUs for Boosting Cooperation

The Saudi delegation participating at the annual meeting of the World Economic Forum (WEF) in Davos 2022 met with the founder and CEO of the Forum Klaus Schwab and the President of WEF Borge Brende. During the meeting, opportunities to strengthen the partnership between the Kingdom and the Forum were…

Asharq Al-Awsat

Davos 2022: EU eyes ban on Russian oil as leaders discuss energy independence

With world leaders at Davos set to discuss energy independence and sustainability, Germany's economy minister says an EU ban on Russian oil could be "days away". Meanwhile, supply chain disruptions to the world economy are also on the agenda. FRANCE 24's Business Editor Kate Moody reports from the Swiss Alps.

France 24

State teams pitch tent at Davos for World Economic Forum

Ministers from southern States attend WEF

The Hindu

WEF President: New Technologies Key to Fighting Climate Change

From fighting climate change, to building an inclusive post pandemic economic model and managing migratory flows, the President of the World Economic Forum highlights the importance of ‘Global Cooperation’. In an interview with Asharq Al-Awsat, on the sidelines of this year’s “Davos Agenda” week, Børge Brende warned of the high…

Asharq Al-Awsat

'Tax us now' to reduce wealth inequality, say global millionaires

More than 100 millionaires say current tax systems are “not fair” and increasing wealth taxes would help resolve inequalities made dramatically worse by the Covid-19 health crisis

People

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