Viet Nam News DAVOS — Prime Minister Nguyễn Xuân Phúc yesterday proposed the World Economic Forum (WEF) collaborate with partners to create a global network to share ocean data. He was speaking at a session themed “Meeting of leaders on ocean action agenda” at WEF Davos 2019 in Switzerland. The Vietnamese leader said there needed to be breakthrough efforts in ocean management, especially in the allocation and mobilisation of sources to respond to challenges posed by climate change, rising sea level and to support severely-affected countries. The fourth industrial revolution has brought opportunities for development in various sectors including ocean protection, he said. He proposed establishing an open public-private partnership forum to respond to climate change and protect marine eco-systems with an aim to share experience, step up co-operation, transfer technology, mobilise resources and call for participation from business sector in ocean … [Read more...] about PM proposes ocean data sharing at World Economic Forum 2019
Davos world economic forum 2018
IMF, CEOs sound warnings as leaders gather in DavosThe Saigon Times Daily International Monetary Fund (IMF) Managing Director Christine Lagarde attends a news conference ahead of inauguration of World Economic Forum (WEF) in Davos, Switzerland, January 21, 2019 – PHOTO: REUTERS DAVOS (REUTERS) - The International Monetary Fund trimmed its global growth forecasts on Monday and a survey showed increasing pessimism among business chiefs as trade tensions and uncertainty loomed over the world’s biggest annual gathering of the rich and powerful. The gloomy IMF forecasts, released on the eve of the World Economic Forum in Davos, Switzerland, highlighted the challenges facing policymakers as they tackle an array of actual or potential crises, from the U.S.-China trade war to Brexit. “After two years of solid expansion, the world economy is growing more slowly than expected and risks are rising,” IMF Managing Director Christine Lagarde told reporters. … [Read more...] about IMF, CEOs sound warnings as leaders gather in Davos
Has he made the world a better place? AFP/Fabrice COFFRINI His foundation, which hosts many of the world's most powerful, famous and wealthy people at its annual meeting in the Swiss ski resort of Davos, has clearly made an impact. But questions have grown about whether the organisation is meeting its declared goal of "improving the state of the world", with resentment rising against the pro-business Davos agenda, and voters turning instead to populist leaders. One persistent criticism is that WEF meetings, including this week's main annual gathering in Davos, have simply created a safe space for the corporate world to lobby governments without oversight. Schwab was not available for an interview with AFP but the WEF's managing director, Adrian Monck, said in an email that the organisation "subscribes to the highest standards of governance". "FRAGILE AUTHORITY" Schwab, born in Ravensburg, Germany, in 1938, was a little-known business professor at the University of Geneva when in … [Read more...] about Has Davos made the world better?
LONDON: The risks of catastrophic weather and flooding from climate change are exercising business leaders heading into next week's World Economic Forum meeting in Davos, the organisation said on Wednesday (Jan 16). The Davos gathering is expected to debate climate change. (Photo: AFP/Martin Bernetti) An annual WEF report - based on a survey of about 1,000 respondents drawn from the Davos community of business leaders, politicians, civil society and academics - shows climate change has become the dominant concern for three years running. Data theft and cyberattacks have joined climate change in the top tier of worries, but respondents also highlighted anxiety about worsening international relations and the risk that poses for the world economy. Just under 90 per cent of people in the survey, conducted over September and October, expected international trading rules and agreements to weaken further, as President Donald Trump's "America First" agenda undermines the architecture … [Read more...] about Climate risks, data theft top fears for Davos
(Photo: Yonhap/VNA)The event drew the attention of some 800 entrepreneurs and government officials. It was also attended by Chinese State Councilor Wang Yong and the Republic of Korea (RoK) Prime Minister Lee Nak-yon, as well as chief executives of Samsung, Hyundai Motor and SK, RoK’s top three conglomerates. The participants discussed the topics of global economy and regional cooperation, scientific and technological innovation, and inclusive growth. Addressing the conference, former UN Secretary-General Ban Ki-moon, who serves as Chairman of the BFA, emphasized that Asia is faced with a collection of challenges including anti-globalization, protectionism and isolationism, which represent the crisis of global uncertainties, calling upon Asian nations to cooperate closely to stick to multilateralism values. The BFA, also known as an Asian version of the World Economic Forum in Davos, was founded in 2001. It is a non-profit and non-governmental organisation that hosts high-level … [Read more...] about Boao Forum for Asia Seoul Conference 2018 opens