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Friday, August 14, 2020

Russia says it will respond firmly to new US sanctions

Moscow said on Friday it would respond firmly to new U.S. sanctions imposed against Russian businessmen, companies and government officials. Russia's Foreign Ministry said in a statement that no pressure could make Russian change its course and that the sanctions will only unite Russian society. The...

Nigeria’s Elumelu at Davos2018, Seeks Foreign Investors’ Support to Boost Entrepreneurship in Africa.

24-01-2018; Lagos Nigeria; The Chairman, United Bank for Africa (UBA) Plc, and Founder, Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, has stressed the need for global organisations and multinational institutions to support the much-needed growth in the African continent; adding that ultimately, such...

Robots must work for the good of humanity, the Pope tells Davos

Responding to the rise of robots in the workplace, Pope Francis has called for automation growth to be underpinned by continued respect for all workers. In a prepared speech read at the World Economic Forum Annual Meeting in Davos 2018, the pontiff urged: “Artificial intelligence, robotics...

How to close the pay gap – for good

This article is part of the World Economic Forum Annual Meeting Achieving equality for all is one of humankind's greatest challenges. It is a complex problem with many facets, one of which is equal pay. A study by the World Economic Forum in...

Protesters break through security in Davos to march against Trump and WEF

Police estimated that there were approximately 2,000 demonstrators in Zurich. Several hundred people also marched in public squares in Geneva, Lausanne and Fribourg Flag-waving demonstrators were seen carrying anti-globalist and environmentalist placards such as, "No Trump, no coal, no gas, no fossil fuels" as...

World leaders must identify an ‘inclusive’ approach to globalization at Davos, WEF founder says

The main theme of this year’s WEF meeting is “Globalization 4.0: Shaping a New Architecture in the Age of the Fourth Industrial Revolution.” The forum is scheduled to begin on Tuesday, January 22, and end on Friday, January 25. “Globalization produces winners and losers and there are many more winners in the last 24, 25, 30 years — but now we have to look after the losers, after those who have been left behind,” Schwab said Tuesday.

Germany is suffering from difficulties and polarization for decades, Merkel tells Davos

Her comments come amid continued speculation over Germany, and indeed Merkel's, political future after months of negotiations aimed at forming a coalition government. This after no one party gained a majority in last September's election. Merkel's conservative alliance of the Christian Democratic Union (CDU) and...

No Trump in Davos, Brazil’s Bolsonaro a new attraction

Thousands of business, political and cultural leaders are scheduled to return to the Swiss Alpine town of Davos on Monday. The annual forum is seen as an opportunity for international heads of state to come together to try and put the world to rights. The absence of the U.S. president is likely to thrust Brazil’s Bolsonaro into the spotlight, less than three weeks after his inauguration.

Italy prime minister rules out coalition with Berlusconi’s center-right bloc after upcoming election

Italy's Prime Minister Paolo Gentiloni said the expected outcome of a hung parliament would not be good for the country. "I think that the populist anti-EU position will not prevail and that Italy will keep its stability," he said. Italian elections will be held...

CEOs are “extraordinarily hypocritical” to push companies for more social responsibility, says head of $6 trillion money manager

BlackRock's Larry Fink says he's not trying to use his influence to force corporate America to embrace his ideas for social change. Last week, Fink sent a letter to top CEOs, calling for them to better society or risk losing support from BlackRock. They were...
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