F
rom Friday, January 20th 2017. the United States have a new President – for many, not only in America, still at least controversial and in the extreme version: totally unacceptable Donald John Trump. In a precise ceremony in front of the Congress Trump gave his oath and delivered his first speech as head of state. And for everybody who is not biased or has not become prisoner of prejudices, he announced a complete turn in regard to the US policy, as it was until now.

Published in Americas

E
conomic inequality, societal polarization and intensifying environmental dangers are the top three trends that will shape global developments over the next 10 years, the World Economic Forum’s Global Risks Report 2017 found. Collaborative action by world leaders will be urgently needed to avert further hardship and volatility in the coming decade.

Published in Intelligence

S
mall and medium-sized enterprises along the routes of the “One Belt, One Road” initiative – often referred to as the New Silk Road – can boost the GDP of their countries by 4% to 7% as a result of increased market access, a new World Economic Forum study finds. Lack of access to global markets is currently their main impediment to growth.

Published in Economy

At the World Economic Forum Annual Meeting 2017, ministers of G20 countries called on members to continue on the path of inclusive growth, warning against protectionism. “If you want to get more inclusive growth, you need more free trade,” said Wolfgang Schäuble, Federal Minister of Finance of Germany, which holds the G20 presidency. Schäuble added that the G20 should be redoubling efforts to promote inclusive growth as part of free trade.

Published in Financial News

After years of relentless focus on costs, settlements and regulations, the future of banking is looking brighter, agreed panellists in a session at the World Economic Forum Annual Meeting. On the regulatory front, the majority predicted a significant paring-back of regulatory regimes such as Dodd-Frank, the Volcker rule and Basel IV.

Published in Financial News

With the United States looking set to step back from the international arena, China will likely take on an larger role to preserve the global economic system of which it has been a major beneficiary.

Published in Financial News

In a special address at the World Economic Forum Annual Meeting, Theresa May, Prime Minister of the United Kingdom, said that Britain would stand up for free markets, free trade and globalization, and would work to ensure that they work for everyone.

Published in Financial News

The World Economic Forum today agreed to work together to develop an India Innovation Index together with the World Intellectual Property Organization (WIPO), Cornell University and NITI Aayog. The index will provide impetus to Indian states to drive the innovative spirit.

Published in Asia-Pacific
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