All posts tagged "Davos"

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  Will Trump end globalization? The doubt haunts Davos’ elite

  "That would be a catastrophe of untold proportions. I think we should try not to talk ourselves into a trade war and I think we're seeing a lot of that"

  • Posted January 20, 2017
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  Stark inequality: Oxfam says 8 men as rich as half the world

  DAVOS, Switzerland (AP) — The gap between the super-rich and the poorest half of the global population is starker than previously thought, with just eight men, from Bill Gates to Michael Bloomberg, owning as much wealth as...

  • Posted January 15, 2017
• Official: Possible Saudi IPO wouldn’t Include Oil Reserves

  DUBAI, United Arab Emirates – The chairman of Saudi oil giant Saudi Aramco was quoted as saying a possible initial public offering would not include the kingdom’s oil reserves. Chairman Khalid al-Falih made the comments to Saudi...

  • Posted January 24, 2016
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• Global Policymakers Seek to Reassure after Market Turbulence

  DAVOS, Switzerland – At the end of another turbulent week in financial markets, leading global policymakers sought Saturday to ease concerns over the economic outlook for 2016 and insisted that the slowdown in China is a natural...

  • Posted January 23, 2016
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• Argentine President says Debt Talks Slower than Expected

  BUENOS AIRES, Argentina – Argentine President Mauricio Macri said Friday that talks to reach a fair agreement with holders of the country’s unpaid bond debt may be slower than anticipated. Macri said that “there are no concrete...

  • Posted January 22, 2016
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• US Drops Opposition to Multilateral Argentine Loans

  BUENOS AIRES, Argentina – The United States says it will no longer oppose lending to Argentina from multilateral banks. The U.S. Treasury statement follows a meeting between U.S. Treasury Secretary Jacob J. Lew and Argentina Finance Minister...

  • Posted January 21, 2016
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• The China Risk: What Leaders in Davos say About it

  DAVOS, Switzerland – Worries over China’s economic future have dominated many of the talks at the World Economic Forum in Davos, Switzerland. Here are some of the top quotes of the day. — “China has the confidence...

  • Posted January 21, 2016
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• British Future In EU? French PM Warns of Exit ‘Tragedy’

  DAVOS, Switzerland – Worries over a British exit from the European Union weighed on participants at the World Economic Forum on Thursday, with France’s prime minister warning that it would be a “tragedy” that could prove an...

  • Posted January 21, 2016
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• Drug Industry to Fight Superbugs Together with Governments

  TRENTON, N.J. – Dozens of makers of medicines and diagnostic tests have joined together in an unprecedented effort to tackle “superbugs” – infections that increasingly don’t respond to drugs and threaten millions of people in countries rich...

  • Posted January 21, 2016
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• UK, Germany Back Lagarde for New Term at IMF

  DAVOS, Switzerland – Britain and Germany gave their key backing Thursday for Christine Lagarde to stay at the helm of the International Monetary Fund for a second term. The savvy Frenchwoman, however, held back from confirming she...

  • Posted January 21, 2016
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