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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEF president: Gaza crisis is at the 'core' of Middle East tensionsBorge Brende, World Economic Forum president, discusses geopolitical tensions between Israel and Iran and the Israel-Hamas war on the sidelines of a special WEF meeting in Riyadh. Saudi Arabia.
Persons: Borge Brende Organizations: Economic Locations: Gaza, Israel, Iran, Riyadh, Saudi Arabia
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy saying the world faces a decade of low growth if the right economic measures are not applied. "The global growth [estimate] this year is around 3.2 [%]. "Trade will change and global value chains — there will be some more near-shoring and friend-shoring — but we shouldn't lose the baby with the bathwater ... Then we have to address the global debt situation. We haven't seen this kind of debt since the Napoleonic Wars, we are getting close to 100% of the global GDP in debt," he said. He also motioned persistent inflationary pressures and that generative artificial intelligence could be an opportunity for the developing world.
Persons: Borge Brende, CNBC's Dan Murphy, shoring Organizations: Economic, Energy Locations: Saudi Arabia
It also called for “continuing the reform process.”Much of the Palestinian public sees the Palestinian Authority as tainted by corruption, mismanagement and cooperation with Israel. As president, Mr. Abbas remains firmly in charge of the government. With no functional parliament, Mr. Abbas has long ruled by decree, and he exerts wide influence over the judiciary and prosecution system. What’s the change?” said Mr. Qudwa, a fierce opponent of Mr. Abbas, who is also known as Abu Mazen. For weeks, Mr. Abbas has signaled his desire to appoint Mr. Mustafa.
Persons: Mahmoud Abbas, Muhammad Mustafa, Abbas, Mustafa, Majdi Mohammed, , Mohammed Shtayyeh, Mr, Benjamin Netanyahu, Biden, Adrienne Watson, Nasser, Mohammed, Muhammad, , Qudwa, Abu Mazen, “ Abu Mazen, Borge Brende, ” Ibrahim Dalalsha Organizations: Palestinian Authority, Palestinian, Hamas, West Bank, Israel, United, Authority, National Security Council, George Washington University, Washington , D.C, Palestine Investment Fund, , Gaza, Horizon Center, Political Studies, Media Locations: Gaza, Israel, Palestinian, Hamas, United States, Washington ,, Davos, Ramallah, West
President Mahmoud Abbas of the Palestinian Authority has signaled his desire to appoint Muhammad Mustafa, a close economic adviser, as prime minister. Mr. Abbas could change his mind, and a decision to appoint Mr. Mustafa will only be final if Mr. Abbas signs a decree. Much of the Palestinian public sees the Palestinian Authority as tainted by corruption, mismanagement and cooperation with Israel. In the Palestinian Authority, the prime minister is supposed to oversee the work of ministries, but Mr. Abbas often intervenes in decision-making, according to analysts. He has previously been the authority’s economy minister and deputy prime minister.
Persons: Mahmoud Abbas, Muhammad Mustafa, Abbas, Mustafa, Mr, Majdi Mohammed, Mohammed Shtayyeh, , Benjamin Netanyahu, Biden, Nasser, Mohammed, Muhammad, , Qudwa, Abu Mazen, “ Abu Mazen, Borge Brende, Jehad Harb Organizations: Palestinian Authority, Palestinian, Union, European Union, Press, West Bank, United, Authority, Israel, George Washington University, Washington , D.C, Palestine Investment Fund, Gaza Locations: Gaza, Israel, Hamas, United States, Palestinian, Washington ,, Davos, Ramallah
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenewables: The 'real big money' has to be invested by private companies, says WEF presidentBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Renewables, Economic, United Locations: COP28, United Arab Emirates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClimate crisis: The price of inaction far exceeds the price of action, WEF president saysBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Economic, United Locations: COP28, United Arab Emirates
I SPY The footage taken by a dashboard camera can prove helpful if you end up in a crash. Illustration: Richard BorgeHOMEOWNERS CAN add a video doorbell to confirm deliveries have arrived or to rebuff persistent evangelists and their pamphlets. It’s that kind of digital eye that Tim McCullough wishes he’d had in his vehicle during an incident five years ago. “It was just a fender bender,” said the 44-year-old supervisor at a pool service company in Rancho Cucamonga, Calif. “But I had detectives show up to my office.”
Persons: Richard Borge, Tim McCullough, he’d, Organizations: CAN Locations: Rancho Cucamonga, Calif
Evian-les-Bains CNN —Céline Boutier realized a long-held dream for herself and her country on Sunday, cruising to her first major title at the Evian Championship to become the first Frenchwoman to win the tournament. “It honestly has been my biggest dream ever since I started watching golf,” Boutier said during her winner’s interview. Mexico’s Gaby Lopez and Norway’s Celine Borge carded final round 68’s to register their best major finishes in tied-third. The final women’s major of the year, the Women’s Open, tees off at Walton Heath in Surrey, England on August 9. Stuart Franklin/Getty ImagesHomecomingEven as her driver kept landing her in trouble, Boutier continuously rebounded to keep the door firmly closed.
Persons: Bains CNN — Céline Boutier, Brooke Henderson, Catherine Lacoste –, Patricia Meunier, Boutier, ” Boutier, Stuart Franklin, Canada’s Henderson, Mexico’s Gaby Lopez, Norway’s Celine Borge, Lim Kim, Yuka Saso, Hataoka, Rose Zhang, Brooke M, Henderson, France –, soundtracked, Hataoka bogeyed, parring, , snuffed Organizations: Evian, les, Bains CNN, Evian Championship, Golf Club, US, Chevron, Getty, South, Nasa, Walton Heath, Solheim, Europe, BAINS, Golf, CNN Locations: Evian, , France, Surrey, England, Andalucia, Spain, EVIAN, FRANCE, Canada, Bains
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWEF President: Global economy at pivotal moment of transformationBorge Brende, president of the World Economic Forum, discusses events in Russia, the war in Ukraine and economic growth in China.
Persons: Borge Brende Organizations: Global, Economic Locations: Russia, Ukraine, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBy next year, we will see major economies contracting, WEF president saysBorge Brende, WEF president, says by next year, we will see major economies contracting.
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