All posts tagged: davos 2025

“Ukraine War Would End Immediately If…”: Trump’s Saudi Arabia Hint

“Ukraine War Would End Immediately If…”: Trump’s Saudi Arabia Hint

Published by Webster

Davos, Switzerland: US President Donald Trump issued a blunt warning to global elites in a video appearance at the World Economic Forum in Davos on Thursday: Make your products in the United States or pay tariffs. Beamed on giant screens in the Swiss Alpine village, Trump received a loud round of applause from political and business A-listers who had eagerly awaited his appearance all week. Speaking from the White House, the recently-inaugurated president touted his plans to cut taxes, deregulate industries and crack down on illegal immigration. But he also had a tough message. “Come make your product in America and we will give you among the lowest taxes of any nation on earth,” Trump said.  “But if you don’t make your product in America, which is your prerogative, then very simply you will have to pay a tariff.” In his wide-ranging speech, Trump made a link between the war in Ukraine and oil prices. Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries to bring down crude prices. …

Maharashtra Signs Rs 4.99 Lakh Crore Memorandum Of Understanding At Davos

Maharashtra Signs Rs 4.99 Lakh Crore Memorandum Of Understanding At Davos

Published by Webster

Davos: Maharashtra, on the first day of the World Economic Forum (WEF) in Davos, has signed a memorandum of understanding (MoU) worth over Rs 4.99 lakh crore. This substantial investment promises to create over 92,000 jobs across multiple sectors, including defence, renewable energy, steel, infrastructure, and more. The largest deal announced was with the JSW Group, which will invest a staggering Rs 3 lakh crore in areas such as steel, renewable energy, cement, infrastructure, and electric vehicles (EVs). This partnership is set to generate 10,000 jobs in Maharashtra, specifically in Nagpur and Gadchiroli. Chief Minister Fadnavis thanked Sajjan Jindal, Chairman of JSW, for his commitment to Maharashtra’s growth. In another groundbreaking move, the state secured its first-ever agreement for Gadchiroli, a district that has traditionally seen less industrial development. The Kalyani Group will invest Rs 5,200 crore in defence, steel, and EV sectors, creating 4,000 jobs. This marks a crucial step towards balancing economic growth across the state, with Gadchiroli being the first district to benefit from such a high-profile deal. In total, a series …

What is the World Economic Forum meeting, set to begin in Davos tomorrow? | Explained News

What is the World Economic Forum meeting, set to begin in Davos tomorrow? | Explained News

Published by Parlour News

The World Economic Forum (WEF) is holding its Annual Meeting from January 20 to 24 in Davos, Switzerland. Attendees will include European Commission President Ursula von der Leyen, China’s Vice Premier Ding Xuexiang, and other leaders in business and politics. Why is the global meeting held, and what happens as part of it? We explain. Who initiated the World Economic Forum (WEF)? German professor Klaus Schwab founded the WEF. He was a mechanical engineering graduate who then earned a Master of Public Administration degree from the John F. Kennedy School of Government at Harvard University. From 1972 to 2003, Schwab was a professor of business policy at the University of Geneva. He founded WEF in 1971, originally known as the European Management Forum. It introduced the concept of “stakeholder capitalism.” According to Schwab, “It is a form of capitalism in which companies do not only optimize short-term profits for shareholders, but seek long term value creation, by taking into account the needs of all their stakeholders, and society at large.” The WEF website says of …