LONDON: The risks of catastrophic weather and flooding from climate change are exercising business leaders heading into next week's World Economic Forum meeting in Davos, the organisation said on Wednesday (Jan 16). The Davos gathering is expected to debate climate change. (Photo: AFP/Martin Bernetti) An annual WEF report - based on a survey of about 1,000 respondents drawn from the Davos community of business leaders, politicians, civil society and academics - shows climate change has become the dominant concern for three years running. Data theft and cyberattacks have joined climate change in the top tier of worries, but respondents also highlighted anxiety about worsening international relations and the risk that poses for the world economy. Just under 90 per cent of people in the survey, conducted over September and October, expected international trading rules and agreements to weaken further, as President Donald Trump's "America First" agenda undermines the architecture … [Read more...] about Climate risks, data theft top fears for Davos
French President Emmanuel Macron will not attend this year's world economic forum in Davos, an official at the president's office said on Friday (Jan 11), citing a busy schedule including debates launched in response to the "Yellow Vests" protests. French President Emmanuel Macron. (File photo: AFP/Ludovic Marin) The Elysee office said Macron would also be holding the second edition of his own forum with business leaders in Versailles on Jan 21, dubbed "Choose France". Earlier this week, US President Donald Trump canceled his own visit to the Davos forum in Switzerland, as he wrestles with political opponents over the federal government shutdown. REUTERS/ AFP … [Read more...] about French President Macron will not attend Davos forum this year
China's Vice President Wang Qishan is also expected to attend, but it is not clear if there are any arrangements for a meeting between him and Trump during the annual gathering. China and the United States have taken a 90-day pause in implementing tariffs to hammer out a trade deal. The Swiss meeting could also provide Trump with opportunities to discuss better terms of trade with the European Union, Japan, Canada and Mexico. … [Read more...] about Trump will cancel planned Davos trip if shutdown continues
French President Emmanuel Macron hosted the conference, which was attended mainly by fellow multilateralists such as Canadian Prime Minister Justin Trudeau AFP/Thomas SAMSON Conceived by French leader Emmanuel Macron, the Forum is intended to be part of the fightback against nationalism, with its format inspired by the annual business meeting in the Davos ski resort in Switzerland. The event opened Sunday (Nov 11), with speeches by Macron, German Chancellor Angela Merkel and UN chief Antonio Guterres who warned in turn about the dangers of Trump-style populism. The idea is that the Paris event, which began symbolically on the centenary of the end of World War I, becomes an annual gathering to discuss democracy and international cooperation. "We have put on leaders' agenda the fact that every year, we will talk about multilateralism and our collective interests here," chief organiser Justin Vaisse told AFP. The remaining days - the Forum ran until Tuesday - featured round-table … [Read more...] about Can Macron’s ‘Davos for democracy’ make a difference?
PM Nguyen Xuan Phuc (R) receives Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab, Ha Noi, September 12, 2018 - Photo: VGP/Quang Hieu At the meeting between PM Phuc and WEF Founder and Executive Chairman, the Vietnamese leader appreciated the WEF’s close coordination in working with Viet Nam to build the theme, content, and agenda of the WEF ASEAN, which matches global trends and meets ASEAN countries’ interests, asking the WEF to support Viet Nam’s ideas and initiatives in terms of promoting ASEAN-WEF cooperation in the time ahead. He expressed thanks to Mr. Schwab for supporting the implementation of the WEF’s cooperation agreement with Viet Nam, proposing the WEF actively assist and advise Viet Nam on how to improve its readiness to effectively participate in Industry 4.0. For his side, Mr. Schwab thanked the Vietnamese … [Read more...] about Gov’t leaders meet WEF Founder, President