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The Latest Breaking News from Davos

Microsoft under fire for hosting private Sting concert for its execs in Davos the night before announcing mass layoffs

The tech giant’s party in the exclusive Swiss ski resort was labeled “seriously bad executive symbolism.”

Fortune

Western climate subsidies risk hitting emerging markets: IMF

Davos (Switzerland) (AFP) - The head of the IMF warned Friday that Western subsidies to combat climate change and encourage the transition to clean energy sources risked hitting the economies of the developing world.

AFP

Davos forces CEOs to step back and take a broader view of their place in society

The conference forces CEOs to step back and take a broader view of their place in society.

Fortune

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Davos 2023: French finance minister defends pension reform plan

A day after more than 1 million people took to the streets and millions more went on strike across France in protest at the government's plan to raise the legal retirement age, Finance Minister Bruno Le Maire tells FRANCE 24's Business Editor Kate Moody in Davos that the government "stands…

France 24

Davos 2023: How is funding for Ukraine being spent?

The international community has contributed billions of dollars to the war effort in Ukraine. But where is that money going? And can the country look ahead to reconstruction? Business Editor Kate Moody speaks to Beata Javorcik, Chief Economist at the European Bank for Reconstruction and Development, on the sidelines of…

France 24

Saudi Arabia Launches Food Ecosystems and Arid Climates Challenge at Davos

The Saudi Ministry of Economy and Planning (MEP) and UpLink, the World Economic Forum's (WEF) open innovation platform, launched an innovation challenge designed to crowdsource transformative solutions to enhance food security in countries impacted by low rainfall, drought, and desertification. The Food Ecosystems and Arid Climates Challenge is a global…

Asharq Al-Awsat

Francis Wilkinson: Sinema will have to be partisan to be independent

Sen. Kyrsten Sinema showed up in Davos this week, where she celebrated her recently declared independence from partisanship. The most pressing problem in U.S. politics, the former Democrat from Arizona told the World Economic Forum, was “a deeply broken two-party system.”

Tribune News Service

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Davos day 4: IMF’s Georgieva says economic outlook ‘less bad’ than feared; Russia heading for ‘incredible poverty’ – as it happened

Rolling coverage of the final day of the World Economic Forum

The Guardian - UK

Davos: Calls to Increase Investment in Climate Protection

US special presidential envoy for climate John Kerry has praised Germany's climate policy, expressing his confidence that Berlin would be able to limit global warming to 1.5 degrees. "We can hit 1.5 [degrees warming]," said Kerry, adding that: "We are not on track to do it now, and it is…

Asharq Al-Awsat

Elite Davos forum 'sitting target' of conspiracy theorists

Washington (AFP) - A Swiss Alpine town where heads of state and business titans huddle for a week of debate: the World Economic Forum in Davos is an ideal target for conspiracy theorists pushing the idea of an elite cabal running the world.

AFP

What the papers say – January 20

The front pages lead with good news on inflation and Sir Keir Starmer making a splash at Davos.

The Independent UK

Is globalisation dead? At Davos, that’s the big question

Leaders at the World Economic Forum are making the case for globalisation amid fears it is in decline.

Al Jazeera

Senior Australian official asks China to remove trade impediments

Australia's Assistant Minister for Trade Tim Ayres called for the removal of China's "trade impediments" on Australian exports in a meeting with his Chinese counterpart on the sidelines of the World Economic Forum, his office said.

Reuters

Davos 2023: Greta Thunberg slams climate inaction

All eyes in Davos were on the arrival of climate activist Greta Thunberg, who slammed the oil and gas giants who participate in the World Economic Forum. At a panel entitled "Treating the climate crisis like a crisis", she and fellow activists said that energy giants are "prioritising greed" rather…

France 24

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The Conversation

Ukraine recap: world leaders gather at Davos to make the case for more military aid to Kyiv

“We’re tired of fighting Putin with rubbish kit”. This recent headline in The Times was an eloquent expression of the feelings of a Ukrainian tank sergeant, part of the 24th Mechanised Brigade fighting in Bakhmut in the country’s east. “Spider” Bogdan, whose Soviet-era T-62 had ground to a halt, dreams…

Reuters

Davos 2023: Riyadh city developing fast with eye on Expo 2030 bid

Saudi Arabia, which has bid to host the Expo 2030 world fair, is pushing ahead with plans to turn its capital Riyadh into a major global metropolis, a government official said on Thursday.

Reuters

Davos 2023: UK Labour signals pragmatism over divergence on EU

Britain's opposition Labour party, ahead in polls with an election due in less than two years, said that in government it would favour pragmatism over divergence for its own sake in dealings with the European Union.

Reuters

Davos 2023: Netherlands finalising Patriot system plan for Ukraine, to announce more support

The Netherlands is finalising plans to provide Patriot air missile defence systems to Ukraine with Germany and the United States and will announce further military support to Kyiv on Friday, Defence Minister Kajsa Ollongren said on Thursday.

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The Independent UK

Greta Thunberg says it is ‘absurd’ to ‘listen to those fuelling destruction of the planet’ in Davos

‘These people are going to go as far as they possibly can as long as they can get away with it,’ activist says

Reuters

DAVOS 2023: Moldova's Sandu asks allies for air defences, says Russia trying to destabilise country

Moldova has asked allies to strengthen its air defence capabilities as war rages in neighbouring Ukraine, although what the country calls Russian efforts to destabilise it have so far failed, President Maia Sandu said on Thursday.

France 24

Davos 2023: Is the EU energy crisis affecting the green transition?

The energy and cost of living crises were on top of the agenda at this year's World Economic Forum in Davos. Has the rush to cut off Russian fossil fuels helped or hindered European efforts to transition to green energy? We speak to Anders Opedal, the head of Norwegian energy…

Fortune

'Mattering' is the buzzword being used at Davos as the secret to management in a hybrid-working world

A new buzzword has appeared out of the conversations at Davos: 'mattering'. Here's what managers need to know.

The Guardian - UK

‘Ridiculous’: Greta Thunberg blasts decision to let UAE oil boss chair climate talks

Climate activist at Davos says lobbyists have been influencing conferences ‘since forever’

Reuters

Davos 2023-'Open for business' Labour slams PM Sunak no-show

British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum.

The Independent UK

At Davos, Thunberg visit spotlights lack of climate action

Swedish climate campaigner Greta Thunberg on Thursday slammed corporate bigwigs meeting in Davos, Switzerland for “prioritizing greed and short term economic profits” over people affected by the climate crisis

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