insert_link 1 Lifestyle Tourism is back to pre-pandemic levels, but challenges remain International tourist arrivals and the travel and tourism sector’s contribution to global GDP are expected to return to pre-pandemic levels this year, driven by the lifting of COVID-19-related travel restrictions and strong pent-up demand, as per the new World Economic Forum travel and tourism study, released today. Topping the 2024 list of economies are the United States, Spain, Japan, France and Australia, while Europe, Africa, and the Americas all showed […] todayMay 21, 2024 22 1
insert_link Africa UNDP launches “timbuktoo” initiative in Davos to revolutionize Africa’s startup ecosystem In Davos, the United Nations Development Programme (UNDP) launched the "timbuktoo" initiative in collaboration with African countries. The initiative, unveiled during a special session at the 24th Annual Meeting of the World Economic Forum, aims to be the world's largest financing facility, uniting catalytic and commercial capital to bolster Africa's startup ecosystem. H.E. President Paul Kagame of Rwanda, H.E. President Nana Akufo-Addo of Ghana, the Secretary-General of the African […] todayFebruary 21, 2024 131
insert_link Africa Davos: Global economists see bright spots in Africa growth prospects By Conrad Onyango, bird story agency Top economists agree that Africa's economic prospects for 2024 are positive, as small countries sparkle in the face of sluggish global growth projections. Chief economists from the World Economic Forum, World Bank and United Nations project Africa’s economy will defy the impacts of weak investments, debt crises, inflation, tight financial conditions and extreme weather patterns to record an improvement over 2023. A strong majority […] todayJanuary 19, 2024 26
insert_link Business / Economics New Global alliance for women’s health could help boost global economy by $1 trillion annually by 2040 A new World Economic Forum report released today shows that closing the women’s health gap would allow more women to live healthier, higher-quality lives, and provide an unprecedented boost to the global economy. Closing the Women’s Health Gap: A $1 Trillion Opportunity to Improve Lives and Economies, developed in collaboration with the McKinsey Health Institute, analyses the health conditions that uniquely or disproportionately affect women and quantifies the health gap […] todayJanuary 19, 2024 12
insert_link World Ukraine will work with ‘any reality’ after US elections Ukraine will work with whoever wins the US presidential election later this year, Foreign Minister Dmytro Kuleba told AFP on Thursday on the sidelines of the World Economic Forum in Davos. With former US president Donald Trump the frontrunner to win the Republican nomination, there are fears Washington's policy on Ukraine would change if he wins. With Congress already divided on giving more arms to Ukraine, some worry Trump will […] todayJanuary 18, 2024 12
insert_link Opinion Pieces At Davos Forum, Secretary-General Warns of Global Norms Collapsing, Highlights Need to Rebuild Trust, Reform Governance UN Secretary-General António Guterres’ remarks to the World Economic Forum, in Davos, Switzerland: Thank you very much for your warm welcome. It’s good to be back — to be back and to see Davos highlighting the global crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats posed by runaway climate chaos, and the […] todayJanuary 18, 2024 12
insert_link Science & Technology AI Governance Alliance Calls for Inclusive Access to Advanced Artificial Intelligence The AI Governance Alliance (AIGA) released today a series of three new reports on advanced artificial intelligence (AI). The papers focus on generative AI governance, unlocking its value and a framework for responsible AI development and deployment. The alliance brings together governments, businesses and experts to shape responsible AI development applications and governance, and to ensure equitable distribution and enhanced access to this path-departing technology worldwide. “The AI Governance Alliance is uniquely […] todayJanuary 18, 2024 8
insert_link Business / Economics Wealth of top 5 billionaires doubles as global poverty rises The fortunes of the world's five richest individuals have doubled to $869 billion since 2020, while five billion people face increased poverty. Oxfam reports that billionaires now control 70% of the world's biggest companies, prompting the anti-poverty agency to urge governments to break up monopolies, impose wealth taxes, and explore alternative ownership models like employee ownership. The findings coincide with the World Economic Forum meeting in Davos. todayJanuary 15, 2024 16
insert_link Business / Economics Amidst Ongoing Global Crises, Gates Foundation announces largest annual budget ever: $8.6 Billion in 2024 to save and improve lives The Bill & Melinda Gates Foundation today announced its largest annual budget to date as it works toward the goal of a healthier, more prosperous world for all. With global health budgets in decline overall, a portion of the additional funding will go toward advancing global health innovations that will save and improve the lives of some of the world’s most vulnerable people, including newborn babies and pregnant mothers […] todayJanuary 15, 2024 11