Ministers, industrialists and academics from the BRICS countries delivered a strong message of long-term potential economic growth for their countries at a panel session at yesterday’s World Economic Forum, in Davos, Switzerland. The message was clear – BRICS nations are ripe for investment, and will continue to be provided their governments successfully implement planned structural […]
Europe needs quantitative easing but that monetary policy alone will not restore growth and jobs to the region, that’s according to a panel debate of business leaders and policy-makers, held at the World Economic Forum in Davos, Switzerland, yesterday. “We’re all for quantitative easing in Europe, but it’s not enough,” said Lawrence H. Summers, Charles […]
This afternoon, Mario Draghi, President of the European Central Bank (ECB) announced the much awaited outcome of the Governing Council’s meeting on quantitative easing (QE) for the Eurozone economy. First, the ECB is to launch an expanded asset purchase programme, encompassing the existing purchase programmes for asset-backed securities and covered bonds. The expanded programme will […]
President Obama delivered a defiant and upbeat State of the Union Address earlier this week, claiming that 2014 had been a ‘breakthrough year for America’. “Our economy is growing and creating jobs at the fastest pace since 1999. Our unemployment rate is now lower than it was before the financial crisis. More of our kids […]
China's economy expanded 7.3% in the final quarter of last year, beating expectations and recording a 7.4% expansion for the year as a whole, but failing to meet the government's 7.5% target. Growth slowed from 1.9% to 1.5% quarter-on-quarter. Growth in the quarter was supported by government stimulus in the form of credit easing and […]
Diminishing financial returns for utilities have put at risk the ability of the electricity sector in OECD markets to raise the estimated $7.6 trillion (€6.5 trillion) in investments needed by 2040 to meet energy policy objectives, according to a new report from the World Economic Forum. This investment is needed to simultaneously decarbonise the sector […]
The Confederation of British Industry (CBI) has called on world leaders to drive trade deals during the World Economic Forum, taking place in Davos, Switzerland this week. “The UK economy is in good shape. Whilst the pace of growth is set to cool slightly, we can expect to see solid growth this year and next,” […]
Over 40 heads of state and government, as well as 2,500 other leaders from business and society will convene at the 45th World Economic Forum Annual Meeting, from 21 to 24 January 2015 in Davos-Klosters, Switzerland, to discuss The New Global Context. This context consists of 10 global challenges affecting the world today: environment and […]
The World Economic Forum and its partners have developed a new way for organisations to calculate the impact of cyberthreats. The framework, called ‘cyber value-at-risk’ comes at a time when cyberattacks are increasing in velocity and intensity, and when 90% of companies worldwide recognise they are insufficiently prepared to protect themselves against them. “Continuous cyberattacks […]
The public will get to have their say on burning issues related to the global economy, business, politics and civil society during this year’s World Economic Forum Annual Meeting 2015, taking place in Davos, Switzerland this week. Best Dental Clinic In Dubai Open Forum Davos 2015 will open its doors to the general public from […]
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