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Friday, August 14, 2020

Davos 2018: More women in leadership positions will strengthen global communities. Canada’s Trudeau

Bonjour à tous. Merci, Monsieur pour cet accueil chaleureux. C’est un honneur pour moi d’être ici, à Davos. Je tiens également à remercier nos coprésidentes de cette année : Sharan, Fabiola, Isabelle, Christine, Ginni, Chetna et Erna. Before I begin, it won’t surprise you that my remarks...

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...

Pope Francis’s message to Davos 2018

This is the text of a prepared speech read at Davos by Cardinal Peter Kodwo Appiah Turkson, Prefect of the Dicastery for Promoting Integral Human Development. To Professor Klaus Schwab, Executive Chairman of the World Economic Forum I am grateful for your invitation to participate in...

Trump’s tax cuts makes US more attractive to overseas companies, Bank of America CEO says

"As you talk to CEOs outside of the United States, the United States seemingly becomes more attractive," Bank of America CEO Brian Moynihan says. The U.S. government approved a tax-code revamp last month that slashed the corporate tax rate to 21 percent from...

At Davos, CEOs must address income inequality

At Davos 2018, CEOs are more optimistic about the economy, but they need to spread the wealth around. Income inequality has become a burning issue for CEOs as they try to build an inclusive work environment. Global leaders of all backgrounds are gathering at...

Billionaire hedge fund manager Ray Dalio says market surge ahead: ‘If you’re holding cash, you’re going to feel pretty stupid’

"We are in this Goldilocks period right now. Inflation isn't a problem. Growth is good, everything is pretty good with a big jolt of stimulation coming from changes in tax laws," Ray Dalio told CNBC on Tuesday from the World Economic Forum in...

A new way to measure economic growth and progress

Global economic growth is making a stronger than expected comeback. It is likely to accelerate to as much as 4% in 2018 from 3.2% in 2016. This is good news on many fronts, but can we expect this stronger growth to relieve the frustrations...

The world needs ‘qualitative easing’ and business must lead

message from Professor Klaus Schwab to the participants of Davos 2018. Ten years ago, when leaders gathered in Davos, we were at the beginning of the global financial crisis. I predicted that the financial crisis would be followed by an economic, and ultimately by...

Saudi oil giant Aramco is ready for 2018 IPO, but waiting for OK from government, CEO says

Saudi Aramco is ready for its hotly anticipated public share offering in the second half of 2018, Aramco President and CEO Amin Nasser tells CNBC. Nasser says the timing of the IPO is in the hands of Aramco's sole shareholder, the Saudi government. ...
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