Disease X, a hypothetical illness with the potential for 20 times more fatalities than the COVID-19 pandemic, will be the focal point of a panel discussion in Davos, Switzerland, on Wednesday, where international leaders will gather to deliberate on the potential looming threat. The World Economic Forum is slated to hold a meeting called Preparing … Read more
Adena Friedman, CEO & Board Chair NASDAQ, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nasdaq CEO Adena Friedman believes the Federal Reserve should be wary of cutting interest rates too soon. Speaking at a CNBC-moderated panel at the World Economic Forum in … Read more
A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. Bloomberg | Bloomberg | Getty Images DAVOS, Switzerland — For the last few years at the World Economic Forum cryptocurrency firms dominated the … Read more
Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images The head of the International Monetary Fund warned Monday that China needs structural reforms in order to avoid “a fairly significant decline in growth rates.” … Read more
A pedestrian walks past the TATA pop up store with a poster reading ‘The Future is AI’ ahead of the World Economic Forum (WEF) in Davos, Switzerland, on Sunday, Jan. 14, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19. Photographer: Hollie Adams/Bloomberg via Getty Images … Read more
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
Davos: Be it conflicts in Gaza or Ukraine, climate change threats in Antarctica or Amazon, AI generating a monster like deepfake and its threat to elections, or debt crisis in emerging markets to developed world — problems are aplenty and all have suddenly reached this small ski resort town on the Alps. Once known for … Read more
World Bank President Ajay Banga on Tuesday batted for removing barriers to private sector investment, saying it is key to tackling challenges before the global economy as neither the governments nor multilateral banks have trillions of dollars in their coffers. Speaking to World Economic Forum Founder and Executive Chairman Klaus Schwab in a podcast ahead … Read more
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
