WEF

Davos 2023: Global recession seen likely in 2023 -WEF survey

By Mark John DAVOS, Switzerland, Jan 16 (Reuters) - Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023,…

Read More Here

Ukraine top of the agenda in Davos as business leaders gather

DAVOS, Switzerland (Reuters) - Russia would normally have its own "house" at the World Economic Forum as a showcase for business leaders and investors. This year the space on the…

Read More Here

IEA warns against energy crisis deepening fossil fuel reliance

DAVOS, Switzerland, May 23 (Reuters) - The energy security crisis since Russia's invasion of Ukraine must not lead to a deeper dependence on fossil fuels, International Energy (IEA) chief Fatih Birol said…

Read More Here

Machines to ‘do half of all work tasks by 2025’

Half of all work tasks will be handled by machines by 2025 in a shift likely to worsen inequality, a World Economic Forum report has forecast. The think tank said…

Read More Here

Coronavirus ‘accelerating closure’ of ageing fossil-fuelled power plants

This year will see the largest ever drop globally in both investment and consumer spending on energy as the coronavirus pandemic hits every major sector, according to the International Energy…

Read More Here

Trump reiterates he has ‘right to declare national emergency’ on wall funding – cancels trip to World Economic Forum

Donald Trump has reiterated his threat to declare a national emergency if Congress does not meet his demand for billions of dollars to construct a wall along the US-Mexico border as part…

Read More Here