World

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  • There is no end in sight for the global cost of living crisis : experts say at Davos 2023

    Date: 2023-01-17 20:10:03 GMT - Switzerland - World - SN:83 - ID:9973284

    DAVOS, Jan 17 (MENA) - Inflation is likely to have reached its peak in 2022 but there is no end in sight for the cost of living crisis, experts said during the World Economic Forum Annual Meeting 2023 here on Tuesday. "We do believe that, in ....

  • World must abandon Cold War mentality, China's vice premier tells Davos

    Date: 2023-01-17 18:49:42 GMT - Switzerland - World - SN:74 - ID:9973274

    DAVOS, Jan 17 (MENA) - China's Vice Premier Liu He said Tuesday that the world needs to abandon its Cold War mentality and seek to strengthen international cooperation, CNBC reported. In a special address at the World Economic Forum in Davos, ....

  • Energy security 'the biggest driver' of renewables growth, IEA chief says

    Date: 2023-01-17 18:48:04 GMT - Switzerland - World - SN:73 - ID:9973247

    DAVOS, Jan 17 (MENA) - The main driver of the growth of renewables is energy security as Russia, a major oil and gas exporter, continues its war in Ukraine, the head of the International Energy Agency (IEA) said. Fatih Birol, the IEA’s executive ....

  • Thanks to donors' support, Somali famine slowed, 'but not avoided': WFP

    Date: 2023-01-17 18:09:26 GMT - Switzerland - World - SN:67 - ID:9973201

    DAVOS, Jan 17 (MENA) - The head of the Nobel Peace Prize-winning World Food Program said support from donors like the US and Germany had allowed it to postpone — though not entirely avert — famine in Somalia but stressed that “we’re not out of this ....

  • Russia imposes entry ban on EU officials in response to 9th package of sanctions

    Date: 2023-01-17 18:07:55 GMT - Russia - World - SN:66 - ID:9973242

    MOSCOW, Jan 17 (MENA) - In response to the European Union’s ninth package of sanctions, Moscow has expanded its blacklist of EU officials who are barred from entering Russia, TASS quoted the Russian foreign ministry as saying on ....

  • World Economic Forum launches initiative to unlock $3 trillion a year for climate and nature

    Date: 2023-01-17 14:47:24 GMT - Switzerland - World - SN:55 - ID:9972562

    DAVOS, Jan 17 (MENA) - The World Economic Forum on Tuesday launched the Giving to Amplify Earth Action (GAEA) to help unlock the $3 trillion of financing needed each year to reach net-zero, reverse nature loss and restore biodiversity by ....

  • China welcomes Blinken visit next month

    Date: 2023-01-17 14:10:07 GMT - China - World - SN:50 - ID:9972691

    BEIJING, Jan 17 (MENA) - China welcomes U.S. Secretary of State Antony Blinken's visit to China and is in communication with the U.S. side on specific arrangements for the visit, Foreign Ministry Spokesperson Wang Wenbin said Tuesday. Wang made ....

  • Boris Pistorius to become Germany’s next defense minister

    Date: 2023-01-17 14:06:24 GMT - Germany - World - SN:48 - ID:9972626

    BERLIN, Jan 17 (MENA) - German Chancellor Olaf Scholz will appoint Boris Pistorius, the long-serving interior minister of Lower Saxony, to replace Christine Lambrecht as minister of defense, the government confirmed Tuesday morning. The Social ....

  • Ukraine first lady headlines first big day at Davos meeting: AP

    Date: 2023-01-17 11:54:47 GMT - USA - World - SN:38 - ID:9972252

    DAVOS, Jan 17 (MENA) - Ukraine’s first lady will give a rare international address as the World Economic Forum’s annual gathering in the snowy Swiss town of Davos gets into full swing on Tuesday, part of a push by President Volodymyr Zelenskyy and ....

  • Washington Post: Worry overshadows Davos Forum amid global financial crisis

    Date: 2023-01-17 11:34:27 GMT - USA - World - SN:36 - ID:9972258

    DAVOS/WASHINGTON, Jan 17 (MENA) - A decade ago, political power brokers and corporate bigwigs gathered here in the Swiss Alps under an upbeat theme. It was a time for “resilient dynamism,” declared the organizers of the 2013 meeting of the World ....

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