WEF Annual Meetings

Global inflation hasn’t yet died and advanced economies outside China can’t be complacent at a time of fickle consumers and trade tensions, according to the last Davos panel of 2025. Luminaries from International Monetary Fund chief Kristalina Georgieva to BlackRock Chief Executive Officer Larry Fink acknowledged that, for all the efforts by central banks to tame consumer prices, policymakers can’t afford to take their eye off the ball. “Most of the body of the genie is in the bottle, kind of getting stuck there,” the IMF managing ...

US coal producers’ shares climbed after President Donald Trump promoted the fuel as a power source during a video address Thursday to the World Economic Forum in Davos, Switzerland. Peabody Energy, the top US coal miner, surged as much as 7.6%, the most intraday since the day following the November presidential election. Core Natural Resources gained as much as 2.9% and the Russell 3000’s coal subsector index rose as much as 4.2%.Trump’s support for fossil fuels is well known, but coal didn’t receive as much attention during this ...

It is crucial that Germany embarks on a period of economic growth, the country’s finance minister Jörg Kukies told CNBC on Thursday, adding that structural weaknesses must be addressed. “We’ve just gotten revised down growth forecasts for the IMF again,” Kukies told CNBC’s Karen Tso and Steve Sedgwick at the World Economic forum in Davos. “The structural weaknesses of our economy absolutely have to be addressed,” he added. “It’s really important that we embark on a path of economic growth.” Kukies became Germany’s finance minister in ...

Donald Trump’s decision to withdraw the United States from the Paris climate agreement should not slow the global momentum towards renewable energy investments that the deal created, the UN said Wednesday. “I believe that many countries will continue moving in the direction of green energy,” said Celeste Saulo, head of the United Nations’ World Meteorological Organization weather and climate agency. As he took office on Monday, President Trump announced the US withdrawal from the 2015 Paris accord adopted by 195 parties to curb ...