‘Precarious’ year ahead for world economy, Davos survey predicts

The global economy faces a year of subdued growth prospects and uncertainty stemming from geopolitical strife, tight financing conditions and the disruptive impact of artificial intelligence, a survey of top economists released on Monday found. Conducted each year ahead of the World Economic Forum’s (WEF) annual meeting in the Swiss resort of Davos, the survey … Read more

Global cooperation declining after resilience through 2012-2020: WEF study

After trending positively for much of the past decade, the global cooperation has started to decline after 2020 due to weakened cooperation in peace and security as well as health and wellness, a new study showed on Monday. Launching a Global Cooperation Barometer, the World Economic Forum said cooperation is possible even in the midst … Read more