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The Latest Breaking News from Davos

Davos 2023: Brazil lacking world aid to fight climate change-Silva

Brazil's Environment Minister, Marina Silva, said on Tuesday that international investments have not materialized as contributions to help her country reduce deforestation in the Amazon and contribute to fighting global climate change.

Reuters

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: EU to counter U.S. climate game changer with own green deal

The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier for green industry, saying it would mobilize state aid and a sovereignty fund to keep firms from moving to the United States.

Reuters

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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

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.

Reuters

Davos isn't irrelevant — yet

The power of Davos is its guest list.

Axios

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…

France 24

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Davos 2023: Germany's allies press Scholz for green light on tanks for Ukraine

Germany's allies on Tuesday ramped up pressure on Chancellor Olaf Scholz to allow the supply of German-made Leopard tanks to Ukraine for deployment against Russia's invasion, ahead of a crunch defence ministers meeting on Friday.

Reuters

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

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

The Independent UK

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…

Asharq Al-Awsat

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…

France 24

Davos 2023: What you need to know about the WEF on Monday

The World Economic Forum (WEF) returned to Davos for its first winter session in three years with high expectations. Record numbers of government officials and business leaders were expected at the elite annual affair.

Reuters

Davos 2023: Russian bombing puts Kyiv's utilities under critical strain -Klitschko

Kyiv's infrastructure could collapse at any second as Russia's sporadic missile attacks along with freezing winter temperatures put local authorities under increasing strain, the Ukrainian capital's mayor said on Monday.

Reuters

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Reuters

Davos 2023: Climate change leads to more malaria, tuberculosis up in a recession

Climate change is increasing malaria infections, the executive director of the world's biggest health fund said in Davos on Monday.

Reuters

Davos 2023: Opposition leader says Russian move on Ukraine from Belarus unlikely

Belarus' exiled opposition leader said on Monday she did not think Russia would launch an offensive on Ukraine from Belarus after the two countries began military drills, but Moscow could launch more missiles strikes from its ally's territory.

Daily Mirror

Man Utd insist Swiss Alp lounge is not to attract buyers despite Avram Glazer jetting in

Manchester United owners the Glazer family have been entertaining the prospect of a sale, or investment in the club, after being at the helm of the club for close to 20 years

Reuters

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.

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Reuters

Davos 2023: Idris Elba calls for investment to help world's poor

Actor Idris Elba and his wife Sabrina Dhowre Elba called on Monday for business and political leaders to provide more support to the world's poorest countries in the form of investment rather than aid.

The Guardian - UK

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

Ramaphosa cancels Davos trip amid South Africa energy crisis

Africa’s most industrialised economy being hit by daily power cuts as anger grows among opposition and public

Reuters

Davos 2023: DP World forecasts further freight rate fall as demand slows

DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the Dubai-based global logistics company's deputy chief executive and chief financial officer Yuvraj Narayan told Reuters.

Reuters

Davos 2023: The World Economic Forum explained

The World Economic Forum (WEF) returns to its snowy winter residency in the Swiss Alps this week with a record attendance of business and government leaders.

The Street

Elon Musk Throws Shade on the Most Powerful Club in the World

The billionaire entrepreneur declined an invitation from the World Economic Forum, the new edition of which has just opened.

The Independent UK

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

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