Children of Russian elites are addressing the St. Petersburg International Economic Forum. Russian President Vladimir Putin’s low-profile daughters are slated to speak at the event. Russia’s flagship economic event used to attract high-profile international attendees before the Ukraine war. It’s the time of the year for the St. Petersburg International Economic Forum — or the […]
By Dmitry Zhdannikov and Maha El Dahan DAVOS, Switzerland (Reuters) – At a dinner in the Swiss ski resort of Davos this week, Prime Minister Mohammed Shia al-Sudani hosted business and political leaders to showcase Iraq’s improved security and finances. As the private event was about to end, two attendees told Reuters, news reached some […]
DAVOS, Switzerland (Reuters) – An Israeli agency came to Davos with a message for the business community, its CEO told Reuters: Israel’s start-ups are open for investment. Dror Bin, who runs the publicly funded Israel Innovation Authority, said in an interview it was important for him to tell large multinationals and other investors that, despite […]
By Dmitry Zhdannikov and Victoria Waldersee DAVOS, Switzerland (Reuters) -Western officials said in Davos on Wednesday they were open to the idea of confiscating $300 billion of Russian assets to help Ukraine, but cautioned that the devil was in the legal detail and that, even if it could be done, it would be no panacea […]
Discussions of initiatives without Russia’s participation are “devoid of prospects for achieving results”, said Putin’s spokesperson Dmitry Peskov on Jan. 15, reacting to the Davos meeting on Ukraine’s Peace Formula. Russia has “repeatedly given its assessment of this process”, the dictator’s mouthpiece said, adding that the meeting was simply “a conversation for the sake of […]
Ukrainian Foreign Affairs Minister Dmytro Kuleba and his British counterpart David Cameron discussed the implementation of British security guarantees for Ukraine, Kuleba wrote on X (Twitter). The meeting of ministers took place at the World Economic Forum in Davos. Read also: France finalizing security agreement with Ukraine — Macron “Following Rishi Sunak’s historic visit to […]
Davos, Switzerland — The cryptocurrency industry is experiencing a moment of resurgence in the Swiss Alps. Its presence at this year’s World Economic Forum is no doubt diminished compared to the more heady days of crypto hype, following a dramatic price crash and the tectonic implosion of the FTX exchange in 2022. But some of […]
(Bloomberg) — President Isaac Herzog of Israel was heading to the World Economic Forum in Davos on Wednesday with family members of Israeli hostages held by Hamas in Gaza to step up pressure for their release. Most Read from Bloomberg Herzog’s office said he would give a speech at the forum on Wednesday and hold […]
DAVOS, Switzerland — “The rich,” wrote Scott Fitzgerald, “are different from you and me.” By legend, Ernest Hemingway complimented his firm grasp of the obvious: “Yes, they have more money.” In a modern global economy, they also have more of other things: More invitations, more connections, more caterers. Here’s what they don’t have, most of […]
JPMorgan Chase CEO Jamie Dimon is done talking about Bitcoin—again. In a CNBC interview from Davos, a visibly amused Dimon declared he was swearing off opining about the crypto currency. When asked about the new Bitcoin ETF the Securities and Exchange Commission approved last week, Dimon interrupted CNBC host Andrew Ross Sorkin, also of The […]
By Stefania Spezzati and Megan Davies DAVOS (Reuters) – Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said. At the meeting in Davos, attended by dozens of CEOs […]
Dmytro Kuleba, Ukraine’s Foreign Minister, had a conversation with Serbian President Aleksandar Vučiċ during his visit to Davos for the World Economic Forum on 17 January. Source: Oleh Nikolenko, the Ukrainian Foreign Ministry spokesman, in a comment to European Pravda Details: As Nikolenko said, Kuleba and Vučiċ “talked about European integration and the development of […]