Davos

Trump at Davos: Hezbollah is “a Small Remnant”

U.S. President Donald Trump said on Thursday that Hezbollah in Lebanon has been significantly weakened, describing the group as “a small remnant compared to what it used to be.” In his remarks during the 56th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, Trump stressed that action is still required against the ...

Trump Launches 'Board of Peace' at Davos

US President Donald Trump kicked off his new "Board of Peace" at Davos on Thursday, with a signing ceremony for a body with a $1 billion membership fee and a controversial list of invitees. A group of leaders and senior officials from 19 countries, including Trump allies from Argentina and Hungary, gathered on stage with Trump to put their names ...

IMF chief tells Europe to take page out of US book

With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself." There was much handwringing about Europe losing its competitive edge at the World Economic Forum in Davos this week, with the European Union racing to act to catch up with ...

Saudis showcase charm offensive in Davos

Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events. Saudi officials and business leaders make the annual pilgrimage to the meeting of the world's global elites every year, ...

Trump to Davos Elites: Produce in the US or Pay Tariffs

US President Donald Trump issued a blunt warning to global elites in a video message to the World Economic Forum on Thursday: Make your products in the United States or face tariffs. Broadcast on a giant screen in the Swiss Alpine village of Davos, Trump received a loud round of applause from political and business A-listers who had eagerly ...