Breaking News: Davos
Putin meeting set for Thursday, Witkoff says, with Ukraine ‘land deals’ on the table
Russian presidential envoy Kirill Dmitriev, foreign policy aide Yuri Ushakov, U.S. President Donald Trump’s special envoy Steve Witkoff and son-in-law Jared Kushner attend a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia, Dec. 2, 2025. Kristina Kormilitsyna | Via Reuters A meeting with Russian President Vladimir Putin is set to take […]
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U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says
Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.S. remains the “closest of allies” with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Chancellor Rachel Reeves told CNBC […]
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Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday. The “sell America” trade was in full swing Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stocks and bond prices tumbled, sending yields spiking. It comes as Trump’s threats to impose 10% tariffs on eight European countries as […]
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Macron decries ‘bullies’ as he urges Trump to suspend tariffs
France’s President Emmanuel Macron looks on during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images French President Emmanuel Macron has hit out at “bullies” as he called for […]
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AI impacting labor market ‘like a tsunami’ as layoff fears mount
Thana Prasongsin | Moment | Getty Images After a year marked by AI-driven layoffs, influential leaders and top executives are now warning that we can expect to see a huge ramp up in anxiety around the technology in 2026. Kristalina Georgieva, managing director at the International Monetary Fund, said Tuesday that AI is “a major […]
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‘Stay calm’ and ‘this is the new normal’: What banking CEOs are saying about the global market sell-off
Bank chiefs called for calm on Tuesday as stocks plummeted after President Donald Trump’s threats of fresh tariffs. The pan-European Stoxx 600 dropped about 1.2% in morning trade Tuesday — with the continent’s major bourses and most sectors heavily selling off — after Trump floated a potential 200% levy on French wine and champagne. In […]
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Energy costs will decide which countries win the AI race, Microsoft’s Nadella says
Microsoft CEO Satya Nadella gestures as he speaks during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. (Photo by Fabrice COFFRINI / AFP via Getty Images) Fabrice Coffrini | Afp | Getty Images Energy costs will be key to deciding which country wins the AI race, Microsoft CEO Satya Nadella […]
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Trump is showing the world the U.S. is ‘back,’ Scott Bessent tells CNBC as Greenland tensions ratchet up
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on Thursday, Jan. 8, 2026. Ben Brewer | Bloomberg | Getty Images President Donald Trump is showing the world “the U.S. is back,” Treasury Secretary Scott Bessent told CNBC, as tensions rise over the president’s bid to acquire […]
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IMF boss has a blunt message for Europe: ‘Get your act together’
As fresh talk of a U.S.-Europe trade war intensified on Tuesday, IMF Managing Director Kristalina Georgieva issued a stark warning to European leaders: “Get your act together.” U.S. President Donald Trump announced on Saturday that eight European allies would face increasing tariffs, starting at 10% on Feb. 1 and rising to 25% on June 1, if […]
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Trump is going to Davos — here are the big names who aren’t
An aerial view of the town ahead of World Economic Forum (WEF), also known as Davos Summit in Davos, Switzerland on January 14, 2024. Anadolu | Anadolu | Getty Images J.P. Morgan CEO Jamie Dimon, Ukrainian President Volodymyr Zelenskyy and Nvidia CEO Jensen Huang are among the who’s who of political leaders, big-name CEOs and […]
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