Look beyond profit to heal “lacerated world”, Pope tells Davos leaders
Vatican City Reuters Pope Francis on Wednesday urged political, economic and business leaders at the World Economic Forum in Davos to look beyond profit and try to heal an “increasingly lacerated” world with moral and ethical decisions. Pope Francis leads the Angelus prayer at the Vatican, on 7th January, 2024. PICTURE: Vatican Media/Handout via Reuters […]
The richest one per cent own 43 per cent of global assets, Oxfam study says
London Thomson Reuters Foundation The world’s wealthiest one per cent of people own nearly 43 per cent of all global financial assets and emit as much carbon as two-thirds of the planet’s poorest, according to an Oxfam report published on Monday. Heads of state are joining chief executives, business leaders and other prominent figures this […]
Ukraine’s Zelenskiy urges West to keep up pressure on Russia
Reuters Ukrainian President Volodymyr Zelenskiy urged the West on Tuesday to tighten sanctions pressure on Kremlin leader Vladimir Putin and to step up its support for Kyiv to ensure that Moscow did not succeed in its war. Western hesitation in its backing for Kyiv and fears of an escalation in the war with Russia were […]
Global elite gather against WEF’s most complex backdrop so far
New York City, USReuters US Secretary of State Antony Blinken, French President Emmanuel Macron and key Middle East leaders are slated to attend next week’s World Economic Forum, putting talks to end wars in Gaza and Ukraine at the top of the agenda for the global elite. The 54th annual WEF gathering in the Swiss […]
Essay: A global vaccine database?
Writing from London, MAL FLETCHER says there are “huge potential downsides” to Tony Blair’s proposal for a global database of the vaccinated…
Davos 2023: Outlook brighter than feared, fraught with risks
Davos, Switzerland Reuters The year ahead looks better than feared for the global economy but remains fraught with risks including escalation of the conflict in Ukraine and the emergence of a transatlantic trade war, the World Economic Forum’s final panel concluded. International Monetary Fund Managing Director Kristalina Georgieva told the Davos audience that what had improved […]
Davos 2023: Climate change leads to more malaria, tuberculosis up in a recession
Davos, SwitzerlandReuters Climate change is increasing malaria infections, the executive director of the world’s biggest health fund said in Davos on Monday. Huge surges in malaria infections followed recent floods in Pakistan and cyclones in Mozambique in 2021, said Peter Sands, the executive director of the Global Fund to fight AIDS, Tuberculosis and Malaria. “Whenever […]
Davos 2023: Climate activists protest over big oil hijacking debate
Davos, SwitzerlandReuters Climate activists protested in Davos on Sunday against the role of big oil firms at this week’s World Economic Forum, saying they were hijacking the climate debate. Major energy firms including BP, Chevron and Saudi Aramco are among the 1,500 business leaders gathering for the annual meeting in the Swiss resort, where global […]
Explainer – As leaders fly to Davos, how do private jets affect the climate?
London, UKThomson Reuters Foundation Political and business leaders will meet at the Swiss resort of Davos this week for the World Economic Forum, where issues from geopolitical instability to climate change are on the agenda. Yet as they seek consensus and solutions for global challenges, environmental campaigners argue that their travel arrangements may prove more […]
Pfizer to sell all its patented drugs at non-profit price in low-income countries
Reuters Pfizer Inc will make all of its patented medicines including COVID-19 treatment Paxlovid and big-selling breast cancer drug Ibrance available at a not-for-profit price to 45 of the world’s poorest countries, the drugmaker said on Wednesday. These countries lack good access to innovative treatments. It can take four to seven years longer for new […]