More companies join First Movers Coalition More than 50 companies have now joined the First Movers Coalition, which was launched by US President Joe Biden and the World Economic Forum at COP26 to decarbonise the heavy industry and long-distance transport sectors — sectors responsible for 30 per cent of global … Read more
‘Indian industry should procure locally wherever there is an opportunity so that domestic supply chains are fortified and become more resilient’, said Piyush Goyal Topics World Economic Forum | Davos Face of Defiance World Economic Forum founder and Executive Chairman Klaus Schwab addresses the delegates with Ukraine’s President Volodymyr Zelenskyy displayed on a screen in … Read more
Davos might have missed some big names and even bigger countries this time, but India went with the aim of making a mark. “Attendance from China, Japan and Korea was sparse this year and of course we heard nothing from Russia or much from Ukraine attendees” – This is what Gautam Adani, … Read more
Finance Redefined: Uniswap breaches $1T volume, WEF 2022 discussion on Terra, and more The decentralized finance (DeFi) ecosystem continues to struggle with the ongoing market volatility and after-effects of the ecosystem collapse. Over the past week, major DeFi protocols showed signs of increased trading activity, with breaching the $1 trillion trading volume mark. Terra remained … Read more
When Hurricane Katrina ripped through the US Gulf Coast in 2005, one seemingly unlikely entity came to the aid of people in desperate need of food and medical supplies: a transatlantic military alliance forged in the depths of the Cold War. NATO’s disaster-relief capacity is one aspect of a vast, … Read more
The Covid-19 pandemic has taught us some important lessons about the importance of collaboration, communication, and solidarity during a crisis, especially on the road to achieving global stability. Today, as unilateral policies, geopolitical differences, and speculation create an asset bubble and rise in commodity prices, the stability of the global … Read more
Roiled by a return of war in Europe, forgotten crises such as Afghanistan, two years of the Covid-19 pandemic and unchecked climate change, the world’s institutions, countries and companies, including those with fortress balance sheets, look decidedly enfeebled. However, there is a silver lining among these dark clouds in the … Read more
Metaverse has a potential to play a broader role in society through its ability to open our horizons, interact with those that we could not have met in the real world, experience new places, access public services and healthcare, and, overall, create an extension of the real world that we live in, … Read more
By Dan Burns and Leela de Kretser DAVOS, Switzerland (Reuters) – World leaders, financiers and chief executives said they were leaving this week’s World Economic Forum with an urgent sense of the need to reboot and redefine ‘globalization’. The framework of open markets … Read more
The World Economic Forum on Thursday called for recreating a win-win world as its Annual Meeting 2022 in this Swiss ski resort town ended with the war in Ukraine, energy and food crises, climate change and changing nature of globalisation hogging the limelight in discussions of over 2,500 global leaders over five … Read more