A ship transits the Suez Canal towards the Red Sea on January 10, 2024 in Ismailia, Egypt. In the wake of Israel's war on Gaza after the October 7 Hamas attack on Israel, Houthi rebels in Yemen pledged disruption on all ships destined for Israel through the Red Sea's Suez Canal. The disruption on world trade is evident in the number of companies using this container ship route - a 90 per cent decline compared to figures one year ago.
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Inflation isn’t beaten yet and risks of a new price shock are rising
Christian Lindner, Germany's finance minister, during a panel session on the closing day of the World Economic Forum (WEF) in Davos, Switzerland, on Friday, Jan. 19, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19.
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‘Sick man of Europe?’ Germany says it just needs a coffee
Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024. REUTERS/Denis Balibouse
Denis Balibouse/Reuters
AI shouldn’t make ‘life-or-death’ decisions, says OpenAI’s Sam Altman
President of Argentina Javier Milei delivering his speech at the World Economic Forum in Davos, Switzerland on January 17, 2024.
Markus Schreiber/AP
Argentina’s Milei tells Davos ‘heroes’ how it should be done
Satya Nadella, chief executive officer of Microsoft Corp., during an interview at Bloomberg House on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 16, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from January 15 to 19.
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Microsoft CEO Satya Nadella says he’s ‘optimistic’ about the future of AI
UNITED STATES - SEPTEMBER 13: Bill Gates, cofounder of Microsoft, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. (Tom Williams/CQ Roll Call via AP Images)
Tom Williams/CQ Roll Call/AP
Bill Gates explains how AI will change our lives in 5 years
Chinese Premier Li Qiang adresses the assembly during the annual meeting of the World Economic Forum (WEF) in Davos on January 16, 2024. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
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China’s economy grew by about 5.2% in 2023, Premier Li says
United States senator from South Dakota Mike Rounds speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. REUTERS/Denis Balibouse
Denis Balibouse/Reuters
Months count in the race to stay ahead of China on AI, says US senator
MUNICH, GERMANY - DECEMBER 05: Members of BMW's manufacturing staff inspect a vehicle's finish as they work at the body shop finish during German Chancellor Olaf Scholz visits the BMW Group car factory on December 05, 2023 in Munich, Germany. His visit is taking place as Scholz's government wrestles with a federal budget crisis stemming from a recent Federal Constitutional Court ruling. (Photo by Leonhard Simon/Getty Images)
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Europe’s biggest economy shrank last year. The outlook isn’t much better
A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo
Johannes P. Christo/Reuters
‘Jobs may disappear’: Nearly 40% of global employment could be disrupted by AI, IMF says
The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023. The Treasury secretary said yesterday she is watching international developments that may have consequences for prices and economic output but reiterated her view that US inflation can ease without hurting employment. Photographer: Nathan Howard/Bloomberg via Getty Images
Nathan Howard/Bloomberg/Getty Images
$88 trillion in debt and a wave of elections. World leaders are hamstrung
Container vessel Maersk Hangzhou sails in the Wielingen channel, Westerschelde, Netherlands July 15, 2018. Rene van Quekelberghe/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY
Rene van Quekelberghe/Handout/Reuters
How the Red Sea crisis could clobber the global economy