European Central Bank President Christine Lagarde called for cooperation amid global trade tensions during a panel discussion Friday.Addressing tariffs, Lagard emphasized the importance of negotiation and mutual reliance in international relations. "There are no black-and-white answers," she...
International Monetary Fund (IMF) Managing Director Kristalina Georgieva (pictured) highlighted on Friday that, despite the challenges posed by growing inflation and elevated interest rates, the global economy has managed to sustain positive growth.Speaking at the World Economic Forum in Davos,...
European Central Bank (ECB) President Christine Lagarde warned on Friday about the recent changes in the economic dynamics between the US and the eurozone, describing them as an "existential threat."Speaking at a panel alongside BlackRock CEO Larry Fink and International Monetary Fund...
JPMorgan Chase & Co Chief Executive Officer Jamie Dimon stated on Wednesday that tariffs are an economic tool and a weapon, but that national security may trump concerns surrounding them."If it is a little inflationary but is good for national security, so be it," Dimon commented following...
International Atomic Energy Agency (IAEA) Director General Rafael Grossi told journalists on Wednesday that Iran currently has about 200 kilograms of uranium enriched to up to 60%.The figure is below the 90% threshold required for weapons-grade material. However, according to IAEA estimates,...
The week ahead will be filled with high-profile events, with the inauguration of United States President-elect Donald Trump in the spotlight.On Monday, Trump will be inaugurated as the 47th president of the United States with many top political leaders and businessman, including Meta Inc.'s CEO Mark...
World Economic Forum (WEF) founder and Executive Chairman Klaus Schwab decided to step down, Semafor reported on Tuesday citing a letter he sent to staff. Schwab has led the organization since its founding in 1971 and oversaw its influential annual meetings in Davos, Switzerland.
According...
The International Monetary Fund (IMF) Managing Director Kristalina Georgieva advised on Monday that the Chinese government needs to implement deep economic reforms to avoid the gross domestic product (GDP) falling under 4%.
Speaking to CNBC at the World Economic Forum in Davos, and...
Kremlin spokesperson Dmitry Peskov stated on Monday that the World Economic Forum (WEF) talks on Ukraine's peace proposals would not achieve anything as Russia is not present.
"This process cannot be aimed at achieving any specific results for the obvious reason - we are not participating....
World leaders are set to meet in Davos for the World Economic Forum (WEF) next week to discuss a range of global issues, including global security, economic growth, climate issues, and artificial intelligence.
The WEF's latest risk report underscored a prevailing pessimistic perspective on the...
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