
Schwab cleared by WEF; Fink and Hoffmann named interim co-chairs
Schwab is dropping a criminal complaint against the whistleblowers and a separate legal action against WEF.
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Schwab is dropping a criminal complaint against the whistleblowers and a separate legal action against WEF.
While the board has said the allegations remain unproven, the investigation is the focal point of an internal power struggle.
From Africa to the Americas, leaders spoke of the need to ensure that policy decisions are more scientifically informed.
Minimum wage workers in the E.U. had the most purchasing power in Germany and the least in Estonia.
Trump's speech to Davos contrasted sharply with other leaders' creation of a Global Energy Transition Forum.
His remarks were aimed at focusing attention on rising global temperatures and unregulated artificial intelligence.
The South African president invoked Nelson Mandela's emphasis on global 'interdependence' and cooperation.
Billionaires' wealth 'surged' by $2 trillion in a year, while 44% of the world population lives on less than $6.85 a day.
Børge Brende, WEF's president, said there is "a greater level of global uncertainty than we have seen in a generation."
The post-Cold War international order is "giving way to a more fragmented landscape" that demands cooperation.
WEF said that since 2015 it has been transforming from a 'convening platform' to a leader of public-private cooperation.
Leaders departed after a week of talks dominated by wars in Gaza and Ukraine, AI and a year of elections.
Donors provided $2.65 billion, or 67% of last year's U.N. appeal for $3.9 billion to help people inside Ukraine.
More than 2,800 leaders from 120 countries were expected at the World Economic Forum gathering this week.
The politics of catastrophe and climate inaction await the assembly's annual gathering of world leaders next week.
Almost all of the most popular international organizations have more than 10 million followers combined.