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Trump 2.0 boosts interest in Davos: World Economic Forum chief
Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new president has brought renewed interest in the annual gathering of business and political leaders. "It's true that everyone here is very interested to understand more what Trump 2.0 is all about," WEF President Borge Brende told AFP in an interview.
EU's legal weapon facing the heat from US big tech
For tech billionaires Elon Musk and Mark Zuckerberg, the EU's digital rules are a tool of censorship. - Is the law a tool of censorship?
Asian markets swing as Trump revives tariff fears on taking office
Asian markets saw big fluctuations Tuesday as Donald Trump took office warning he could impose stiff tariffs on Canada and Mexico next month but appeared to delay any action against China for now. "However, it seems like Canada and Mexico are in the focus but negotiation hopes are kept alive for China, suggesting China markets may still be supported."
Brazil drought lights a fire under global coffee prices
Brazilian coffee producer Moacir Donizetti first smelled the smoke, and then watched in desperation as a blaze consumed his family coffee plantation last year. "It was desperate: seeing the flames advance, destroying our plantation, coming within twenty meters of my house," said Donizetti.
Trump's climate retreat shines light on other green leaders
The United States withdrawing from the Paris Agreement is a blow to global cooperation on climate change, but other countries are marching ahead and stepping up leadership on the issue. During the last Trump presidency, the EU and China launched a climate dialogue with Canada to ensure unwavering high-level support for the Paris Agreement while the United States was outside the process.
The global forces sending coffee prices skyward
Climate change, political headwinds and diverging market dynamics around the world have pushed coffee prices to fresh records, jacking up the cost of your everyday brew or a barista's signature macchiato.
Tech billionaires take center stage at Trump inauguration
US tech multibillionaires -- including Elon Musk, Mark Zuckerberg, and Jeff Bezos -- were given prime positions at Donald Trump's inauguration on Monday, in an unprecedented demonstration of their power and influence in the White House.
Global tourism recovered to pre-pandemic levels in 2024: UN
Global tourism fully recovered from the Covid-19 pandemic in 2024 with 1.4 billion international tourist arrivals recorded worldwide due to "robust" demand from key markets, UN Tourism said Monday. The number of international tourist arrivals last year was 11 percent higher than the 1.3 billion recorded in 2023, reaching the level seen in 2019, the year before the pandemic paralysed travel.
Job cuts report worries employees at Germany's Commerzbank
Suggestions that German lender Commerzbank was considering cutting thousands of jobs as it fights off an unwanted advance from Italy's UniCredit had unsettled employees, a senior trade union official said Monday. Frederik Werning, Verdi trade union official and a member of the supervisory board at Germany's second-largest lender, said rumoured redundancies had caused "uncertainty among employees".
AFP
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