The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.
U.S. West Texas Intermediate crude (WTI) fell $1.01, or 1.34%, to $74.43. The broader economic implications of U.S. tariffs could further dampen global oil demand growth, said Priyanka Sachdeva, senior market analyst at brokerage Phillip Nova.
Officials and business executives at the annual gathering in Switzerland said the fight against global climate change would continue with or without the United States.
President Donald Trump will give a virtual address and answer questions from the World Economic Forum on Thursday.
VATICAN CITY (Reuters) - Pope Francis on Thursday urged political, economic and business leaders at the World Economic Forum (WEF) in Davos to keep close oversight of the development of artificial intelligence, warning the technology can exacerbate a growing "crisis of truth".
The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.
The annual meeting comes as geopolitics become heavily intertwined with the world economy, as well as the disruptive innovation that will need to be addressed by countries and corporations. Reflecting those dynamics,
Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.
President Trump addressed world leaders today at the World Economic Forum. NBC News correspondents Kelly O'Donnell and Christine Romans join Ana Cabrera to break down Trump's comments on tariffs, Russia's war in Ukraine and more.
In a sprawling 45-minute address, Trump sparred with European regulators over such key geopolitical issues as energy, investments, AI and tariffs