Archyde Klaus Schwab, founder of the World Economic Forum (WEF), is proposing a transfer of the organization’s land holdings in Cologny, Switzerland, to public ownership in an effort to secure the forum’s future within the country. The move, revealed in an interview with the Neue Zürcher Zeitung, aims to prevent a potential relocation of the … Read more
US president Donald Trump’s allies are offering access to him and other perks to donors who give at least $1 million to a new group supporting flashy initiatives he is planning around the nation’s 250th birthday, according to documents and interviews. The group, Freedom 250, is threatening to overshadow years of plans meant to reach … Read more
The first warning signs arose days before I left London for the Davos summit. “Hi Pilita,” emailed a woman from a firm that described itself as a “C-suite positioning consultancy”. She was lining up interviews for her clients at the World Economic Forum’s annual mountaintop meeting in the Swiss resort and wondered if I might … Read more
“This would be a very good story for our agriculture sector. I believe we are aiming to start a completely new chapter in the field of cooperation in the automotive sector, in machinery,” EU trade chief Maroš Šefčovič told POLITICO. On trade in services, the trade chief said that sectors like telecoms, maritime and financial … Read more
There were many headliners at the World Economic Forum in Davos, but there was one who stood out – Canada’s Mark Carney. His speech addressing ‘middle powers’ was remarkable. In our weekly wrap, we cover the historic gathering and more All eyes were on Davos this week, where the most influential men and women gathered … Read more
Deal or no deal? That was the question waiting for Danish prime minister Mette Frederiksen on Friday in Greenland. On a snap visit to show “strong Danish support” for the island, an autonomous territory of the kingdom of Denmark for three centuries, Frederiksen had barely landed when a journalist wanted to know “if the crisis … Read more
Klingbeil, who also acts as Germany’s finance minister, in particular voiced frustration over the European Commission’s handling of the Greenland crisis over the course of the past week, suggesting the Commission was not acting with enough urgency. “When I returned from Brussels on Monday, I was extremely frustrated because I had held talks with the … Read more
LONDON — European markets were lower on Friday as investors digest events at Davos, including Ukrainian President Volodymyr Zelenskyy’s excoriating speech about the continent. The pan-European Stoxx 600 was 0.09% in the red at 9:10 a.m. in London (4:10 a.m. ET), with major bourses. European stocks finished higher on Thursday after U.S. President Donald Trump … Read more
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NATO Secretary-General Mark Rutte, who once called Donald Trump “daddy,” also found his private text to Donald Trump made public, in which he praised the president’s “incredible” achievements, adding: “Can’t wait to see you.” | Jim lo Scalzo/EPA Ultimately, Carney had a message for what he termed “middle powers” — countries like Canada. They could, … Read more