The monetary stimulus has been one of the main engines of growth over the past years, but continuing with the supply of 'cheap money' could hurt low-income countries, fuel risky investments and affect savers, warned the IMF on Friday (24 January).
Speaking in Davos, billionaire and philanthropist George Soros accused Facebook of working for the re-election of US President Donald Trump, in a speech where he also targeted “would-be dictator” Matteo Salvini as one of the biggest threats to European democracies.
Despite of the US threats to impose new tariffs, France, Italy, Spain and the UK said on Wednesday (22 July) that they would move ahead with their national digital tax if there is no agreement at the OECD level by the end of this year
As monetary policy nears its limits to lift the world's sluggish economy, the International Monetary Fund told governments on Tuesday (21 January) to introduce "more automatism" in their fiscal rules in order to counter the economic slowdown.
The top five challenges for the World Economic Forum this year in Davos were related to climate and sustainability. However, climate is not considered among the top ten risks for CEOs, according to a survey published by accounting firm PwC ahead of the forum on Monday (20 January).
Some “tentative signs of stabilisation” are appearing in the global economy, but despite the positive news the EU-US trade dispute represents a risk to the global output, the IMF warned on Tuesday (20 January).
Decision-makers and business leaders attending Davos forum last week warned of the risk of triggering self-inflicted recession if the growing pessimistic due to the economic slowdown or political instability persist.
Business leaders and decision makers agreed during last week's World Economic Forum in Davos that new taxes, including carbon pricing or a digital levy, would not only achieve a fairer economic model but would also help to fight climate change and deal with the ageing population.
Investor and philanthropist George Soros said late on Thursday (24 January) that US President Donald Trump should focus on tackling China, whose President Xi Jinping is “the most dangerous enemy”, and recommended a “crack down” on its tech giants ZTE and Huawei.
The introduction of national digital taxes across Europe is not detrimental to the Commission's European proposal, the Commissioner for Economic Affairs, Pierre Moscovici, told EURACTIV.com, adding that he believes an agreement on the issue is “quite close”.
The secretary general of the OECD, Ángel Gurría, believes that extending Brexit talks until July could be feasible in order to ensure an agreement is sealed. Speaking to EURACTIV.com in an exclusive interview in Davos, the Mexican diplomat and economist expressed his concerns about the paralysis spreading in many countries in Europe.
China’s lowest growth in three decades was very present in the opening of the Davos forum on Tuesday (22 January), but experts and business leaders were confident about the future of its economy despite its high indebtedness.
Pessimism is growing among CEOs, noted the latest global survey published on Monday by PwC, a consultancy firm. In an interview with EURACTIV.com, the global chairman of PwC, Bob Moritz, recommended companies and governments to focus on execution in order to truly turn risks into opportunities.
Between 23 and 26 January, the Swiss mountain village of Davos hosted the 48th World Economic Forum Annual Meeting. The programme, initiatives and projects of this year's meeting focused on the theme Creating a Shared Future in a Fractured World. EURACTIV's editor-in-chief Daniela Vincenti and business editor Jorge Valero reported extensively from Davos.
Does money influence the way we think and act, even unconsciously? Nobel laureate Daniel Kahneman believes so and few places on Earth contain more reminders of money and power than the World Economic Forum (WEF) in Davos.
The World Economic Forum concluded its four-day gathering by calling for more inclusive growth to face growing populism and the backlash against globalisation
Commissioner for Economic Affairs Pierre Moscovici agrees with the 'wait and see' approach toward new US President Donald Trump mostly shared by the global elite in the in Davos. But he sees more nationalism and protectionism coming from the White House.
Dutch Prime Minister Mark Rutte and former European Parliament President Martin Schulz clashed over the strategy to relaunch the Union, illustrating the deep division at Europe’s helm in front of the global audience of the World Economic Forum.
Anthony Scaramucci tried to soothe concerns triggered by Donald Trump, on Monday (16 December), as the US president-elect outlined his foreign policy agenda to British and German newspapers.
Top business executives are split over the benefits of globalisation, but most remain “extremely positive” in their growth forecasts, a PwC survey shows.
Russia is behind the 6 April Dutch referendum on the EU-Ukraine Association agreement. But Kyiv is preparing its own campaign in the Netherlands ahead of the poll, Boris Lozhkin, the second most powerful man in Ukraine, told EURACTIV in an exclusive interview.
The 2016 World Economic Forum, which concluded on Saturday (23 January), looked at a 21st century economy led by robots and artificial intelligence, against the backdrop of a more unstable and unequal world.
European Commission Vice-President Maroš Šef?ovi? took advantage of the World Economic Forum to meet with the President of Azerbaijan, Ilham Aliyev, and discuss the Southern Gas Corridor.
EXCLUSIVE / The European Commission is considering a ‘Juncker Plan’ to support the Southern Mediterranean region, in order to cut the high number of refugees arriving in Europe, the First Vice-President Frans Timmermans told EURACTIV.
