Tag Archives: Davos

Bloomberg News reports: Already banned from Twitter, it looks like Donald Trump will be shut out of Davos too. The former U.S. president, the star attraction of last January’s gathering of power-brokers in the Swiss Alps, is unlikely to be invited back, according to the World Economic Forum’s founder and executive chairman, Klaus Schwab. Asked by newspaper NZZ am Sonntag …

The Daily Beast reports: Police in Switzerland reportedly uncovered a Russian spying operation in Davos, where world leaders are meeting this week for the annual World Economic Forum. Police arrested two Russian men in the Alpine town last August after they were alerted to their suspiciously long stay in the resort. The men had allegedly claimed diplomatic protections, but had …

The Wall Street Journal reports: President Trump on Tuesday confirmed he plans to expand his controversial travel ban that bars citizens of certain countries from entering the United States. Trump told The Wall Street Journal in an interview on the sidelines of the World Economic Forum in Davos, Switzerland that he is looking to add more countries, though he would …

The BBC reports: US President Donald Trump has decried climate “prophets of doom” in a speech at the World Economic Forum in Davos, where sustainability is the main theme. He called for a rejection of “predictions of the apocalypse” and said America would defend its economy. Mr Trump did not directly name the teenage climate activist Greta Thunberg, who was …

From Greta Thunberg’s speech at Davos today: One year ago I came to Davos and told you that our house is on fire. I said I wanted you to panic. I’ve been warned that telling people to panic about the climate crisis is a very dangerous thing to do. But don’t worry. It’s fine. Trust me, I’ve done this before …

CNBC reports: The elite financiers attending the World Economic Forum are worried about the 70 percent tax rate on earnings above $10 million proposed by freshman Rep. Alexandria Ocasio-Cortez, D-N.Y. “It’s scary,” Scott Minerd, global chief investment officer for $265 billion Guggenheim Partners, said in an interview. “By the time we get to the presidential election, this is going to …

CNBC reports: John Kerry had a one-word answer when asked his message for President Donald Trump: “Resign.” The former secretary of State and Democratic U.S. senator from Massachusetts made the declaration while speaking on a CNBC panel at the World Economic Forum in Davos, Switzerland. Kerry, who lost in his bid to become president in 2004, first hesitated to answer …

Reuters reports: U.S. President Donald Trump is expected to use his maiden speech to the World Economic Forum on Friday to promote his tax cuts, deregulation and trade policies to chief executives, bankers and political leaders. Trump, who flew into the sanctum of the global elite at the Swiss ski resort of Davos on Thursday, will deliver the event’s main …

Mediaite reports: As he prepares to deliver a speech at the Davos Economic Forum in Switzerland, President Trump is calling “fake news” on the bombshell report that he seriously considered firing special counsel Robert Mueller last year. “Fake news, fake news,” Trump said to reporters. “Typical New York Times fake stories.” Trump proceeded to brag that his presence at Davos …

Bloomberg reports: Billionaire Democratic donor George Soros on Thursday took aim at President Trump and tech giants during an appearance at the World Economic Forum in Davos, Switzerland. “I consider the Trump administration a danger to the world,” Soros said. “But I regard it as a purely temporary phenomenon that will disappear in 2020, or even sooner.” “I give President …

CNBC reports: Treasury Secretary Steven Mnuchin said Thursday he spends little time thinking about dollar weakness over the short term, walking back his comments that sent the U.S. currency reeling amid fears of a trade war. Speaking during a CNBC-moderated panel at the World Economic Forum in Davos, Mnuchin said dollar weakness in the short term was “not a concern …

Switzerland’s The Local reports: More than a thousand people protested in central Zurich on Tuesday against the planned arrival of US President Donald Trump in Switzerland for the World Economic Forum (WEF). Trump is due to make a speech at the gathering of international business and political leaders in Davos on Friday. The demonstrators marched through the Swiss city chanting …

Stormy fallout? CBS reports: First Lady Melania Trump will not be accompanying President Trump when he flies to the World Economic Forum in Davos, Switzerland, although the trip had earlier been on her schedule. Melania Trump’s press office said that there were “too many scheduling and logistical issues,” so she would not be traveling to Davos. Monday was the couple’s …

The Associated Press reports: The White House said Monday that Cabinet members are delaying their departure for this year’s World Economic Forum meeting in Davos, Switzerland amid the federal government shutdown. Spokeswoman Sarah Huckabee Sanders said they will determine what to do “as the day goes on and as we see how the next couple of hours go.” Treasury Secretary …

The New York Times reports: President Trump is expected to attend the World Economic Forum at Davos, Switzerland, in the coming weeks, an administration official said Tuesday. In a statement, Sarah Huckabee Sanders, the White House press secretary, said the president was looking forward to attending the gathering of world leaders and business executives. Mr. Trump’s planned appearance at an …