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Tag: Davos

Business
  • Web Desk Karachi
  • Jan 24, 2025
World Economic Forum warns of economic risks from global financial fragmentation

According to the report titled *Navigating Global Financial System Fragmentation*, the economic repercussions of such fragmentation could surpass the costs incurred during the Covid-19 pandemic and the 2008 global financial crisis.

The US is set to offer Saudi Arabia an arms package worth well over $100 billion during US President Trump visit to the kingdom in May.
World
  • Reuters
  • Jan 23, 2025
Trump seeks $1 trillion investment from Saudi Arabia

Saudi State news agency says the kingdom wants to put $600 billion into investment and trade with the US over the next four years.

Trump
World
  • Reuters
  • Jan 23, 2025
Trump tells Davos he will demand lower interest rates, oil prices

Trump says via video conference, “I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil.”

NATO Chief
Latest
  • Reuters
  • Jan 23, 2025
NATO chief Rutte says Europe will pay for US arms for Ukraine

the NATO chief says Europe must invest more in defence, ramp up arms production and take a bigger share of spending on Ukraine aid.

developing economies
Pakistan
  • Reuters
  • Jan 21, 2025
Pakistan secures $1 bln loan from two Middle Eastern banks

Finance Minister has confirmed that Pakistan has agreed terms for a $1 billion loan with two Middle Eastern banks at a 6%-7% interest rate.

Greenpeace activits
World
  • Reuters
  • Jan 21, 2025
Greenpeace activists stage climate protest inside WEF meeting in Davos

Greenpeace activists stagging protest say “Tax the super-rich. Fund a just & green future.”

Saudi israel minister
World
  • Hum News
  • Jan 16, 2024
Saudi Arabia could recognise Israel if Palestinian issue resolved: Saudi FM

The Saudi FM said that “regional peace includes peace for Israel,
but that could only happen … through a Palestinian state”.

world economic forum
Business
  • Web Desk
  • Jan 16, 2024
World Economic Forum’s annual meeting kicks off in Davos

Under the theme “Rebuilding Trust”, the event aims to reinforce and strengthen the fundamental principles of transparency, consistency and accountability among world leaders.

PM Kakar
Latest
  • Web Desk
  • Jan 14, 2024
PM Kakar reaches Zurich to participate in WEF meeting

Caretaker Prime Minister Anwaarul Haq Kakar reached Zurich on Sunday to participate in the 54th annual meeting of the World Economic Forum (WEF) in Davos

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