Square Mile honours WEF president and Davos head Brende with freedom of the City Børge Brende The president of the World Economic Forum (WEF) was honoured by the Square MIle’s Corporation this week, giving him the Freedom of the City of London. Børge Brende was honoured at a ceremony this week following the WEF’s landmark conference in Davos, Switzerland, last month. The Norwegian economist, who heads the non-profit promoting cooperation between [...]
Global cost-of-living crisis risks ‘dire consequences’ for planet as firms ditch climate concerns NOT EASY BEING GREEN The global cost-of-living crisis threatens to railroad efforts to combat climate change, “potentially leading to dire planetary and societal consequences,” the World Economic Forum (WEF) warned today. Soaring energy and food prices are forcing governments and private businesses to turn to cheaper, often dirtier resources to produce goods and services. As a result, “the risks [...]
CEOs zoom in on ESG and climate change as world enters third pandemic year World Economic Forum Climate risks dominate global concerns as the world enters the third year of the pandemic, according to a new World Economic Forum report shared with City A.M. today. The Global Risks Report 2022 sets out that while the top long-term risks relate to climate, the top shorter-term global concerns include societal divides, livelihood crises and [...]
From price inflation and Brexit rows to Evergrande and Biden v Putin: Here are the market risks to watch this year January 4, 2022 The world is a pretty turbulent and unpredictable place at the moment, with Covid variants not making life easier. From tensions between Russia and the US over Ukraine’s NATO membership to Brexit conflicts and China’s Evergrande property scandal, 2022 is set to become everything but dull. So what developments and issues could disrupt or disturb [...]
IMF trims UK GDP forecast, but worldwide and US post-Covid-19 recovery look better January 26, 2021 IMF trims UK GDP, but things look better for worldwide recovery after Covid-19
‘Haves’ and ‘have nots’ disparity risks geopolitical instability, warns WEF January 19, 2021 The economic and digital disparities of the ‘haves’ and the ‘have nots’ risks widening social cohesion, and could lead to geopolitical instability, the World Economic Forum (WEF) has warned. The Covid-19 pandemic has widened long-standing health, economic and digital disparities between individuals, according to the latest WEF global risk report, which could hinder global cooperation [...]