Little more than a year after storming to the presidency with a mandate to rip up the rule book and do whatever was needed to turn Argentina around, Javier Milei feels vindicated in his tear-it-down approach to governing.
Saudi minister urges China ‘not to miss opportunities’ to invest in the Gulf state – and exploit its access to different markets.
Last year, Mark Rutte attended the Davos gathering as Dutch prime minister while angling for his current job as secretary general of NATO, praising Trump for pushing Europeans to step up defense spending. That view — somewhat controversial then — is now widely accepted.
China is not seeking a trade surplus and is willing to import more competitive and high-quality products and services to balance trade, Ding Xuexiang, the country's vice premier, said on Tuesday.
Chinese Vice Premier Ding Xuexiang met with global finance and business leaders including Blackstone CEO Steve Schwarzman, Bridgewater Associates founder Ray Dalio and JPMorgan CEO Jamie Dimon during a private lunch in Davos on Tuesday.
During his presidential campaign, Trump pitched several ways to up tariffs on other countries. Those included a 10% to 20% tariff on all foreign imports, a 60% to 100% additional tariff on Chinese imports, and a 25% tariff on Mexican imports. Read more: How do tariffs work, and who really pays them?
"I have always said that I feel like the world is a better place and the global economy is a better economy if the US and China can figure out how to coexist," Cisco CEO Chuck Robbins told Yahoo Finance at the World Economic Forum in Davos, Switzerland.
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel in Davos, Switzerland.
There will always be border disputes in Asia, and China should not be singled out because of tensions in the South China Sea, Malaysian Prime Minister Anwar Ibrahim said Wednesday.
Pope Francis on Thursday urged political, economic and business leaders at the World Economic Forum (WEF) in Davos to keep close oversight of the development of artificial intelligence, warning the technology can exacerbate a growing "crisis of truth".