I’ve been attending the World Economic Forum’s annual conference in Davos, Switzerland – where the so-called global elite convenes to discuss the world’s problems – since 1995. Never have I come away more dispirited than I have this year
A record-breaking share of CEOs are optimistic about the economic environment worldwide, at least in the short term. That’s one of the key findings of PwC’s 21st survey of almost 1,300 CEOs around the world, launched today at the World Economic Forum Annual Meeting in Davos
Investors dumped Starbucks shares on Friday, a day after the coffeehouse giant reported disappointing first-quarter results, with slowing growth in its home U.S. market. But the reasons Starbucks blamed for its shortfall may not cover all the challenges it faces
Cyril Ramaphosa’s victory in December’s contest to lead South Africa’s ruling African National Congress (ANC) was a resounding repudiation of President Jacob Zuma. Ramaphosa will now almost certainly be elected South Africa’s president in 2019 – if not before. He has promised to stimulate the country’s moribund economy and implement a wide-ranging anti-corruption agenda
Western governments are increasingly extending the territorial reach of their legislation, particularly in the anti-corruption sphere. Their aim is to fight corruption wherever it may be and create a level playing field for the businesses responsible for preventing it. A similar trend is also seen beyond the white-collar crime space, for example in tax and data protection legislation
In the field of human development, the year that just ended was better than many predicted it would be. A decade after the Great Recession began, economic recovery continued in 2017, and progress was made on issues like poverty, education, and global warming