Washington: Coined by the World Health Organization to denote a hypothetical future pandemic, “Disease X” is at the center of a blizzard of misinformation that American conspiracy theorists are amplifying — and profiting from. The falsehoods, including that the unknown pathogen indicates an elitist plot to depopulate the earth, appeared to originate in the United … Read more
Former Bank of Canada governor Mark Carney issued a warning at the World Economic Forum that global supply shocks are becoming more persistent, forcing central bankers to adapt to tame inflation. Carney, who also previously led the Bank of England, spoke on a panel in Davos, Switzerland at the WEF summit Thursday about how central … Read more
DAVOS, Switzerland (AP): Business and political elites descended on the Swiss Alpine snows of Davos to suss out “rebuilding trust” in a splintering world. If there’s any takeaway from the World Economic Forum’s annual meeting — boldly touting that theme — it’s that we still have a long way to go. From full-blown wars in … Read more
Hyundai Motor is set to invest a substantial amount of Rs 7,000 crore to revamp its recently acquired second plant in India. The automotive giant successfully acquired the dormant factory from General Motors Co., marking a significant development in the Indian automotive landscape. The investment agreement is poised to be officially signed at the annual … 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
Artificial intelligence-powered misinformation and disinformation pose the largest short-term global threat to the world, according to a new report from the World Economic Forum. They are followed by extreme weather events and societal polarization as global threats, according to the report, which uses a survey of nearly 1,500 experts in areas of academia, business and … 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
