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☆ World Economic Forum founder Klaus Schwab to step back from executive role
▼ + stars: | 2024-05-21 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

Klaus Schwab speaks as part of SWITCH GREEN during day 1 of the Greentech Festival at Kraftwerk Mitte aired on Sept. 16, 2020 in Berlin, Germany. The World Economic Forum confirmed Tuesday that founder Klaus Schwab is moving away from the day-to-day management of the organization after more than 50 years at the helm. The forum said that the move was part of a years' long strategy to change its management structure, shifting governance to a president and managing board. The forum did not reveal who would succeed Schwab and become the face of its elite annual meeting in Davos, Switzerland. The non-profit think tank confirmed that Schwab would transition to a role as chairman of the board of trustees.

Persons: Klaus Schwab, Brende, Schwab, WEF Organizations: Kraftwerk, Economic, CNBC Locations: Berlin, Germany, Davos, Switzerland

☆ Hamas to consider ceasefire-hostage release proposal that Israeli sources say could avert Rafah invasion
▼ + stars: | 2024-04-29 | by ( Becky Anderson | Jeremy Diamond | ) edition.cnn.com time to read: +8 min

A working-level Israeli delegation of Mossad, Shin Bet and the Israeli military officials is expected to travel to Cairo on Tuesday, the Israeli source and another Israeli official said. Hamas has insisted that a permanent ceasefire and a full Israeli withdrawal from Gaza should be part of the agreement. But Israeli sources have characterized the latest Egyptian effort to broker a deal as the last chance to avert that offensive. “The only chance to stop Rafah is a deal,” the Israeli source familiar with the negotiations said. Twenty people, including at least one infant and a toddler, died following an Israeli airstrike over Rafah, Gaza, overnight into Monday, according to hospital officials.

Persons: Shin Bet, Yahya Sinwar, Antony Blinken, ”, Børge Brende, “, Sameh Shoukry, Israel, ” Shoukry, Blinken, John Kirby, Biden, we’ve, “ They’ve, Benjamin Netanyahu, Joe Biden, Mahmmoud Basal, Hijazi Organizations: Jerusalem CNN, CNN, Mossad, Hamas, Economic, White, National Security Council, US, ABC, Israeli, Gaza Civil Locations: Riyadh, Jerusalem, Egypt, Israel, Gaza, Rafah, United States, Cairo, Saudi, “, Israeli, Rafah “, Gaza City

WASHINGTON (AP) — President Joe Biden has invited the top four congressional leaders and other lawmakers to the White House on Wednesday as members have struggled to reach agreement on U.S. aid for the Ukraine war. Republicans have insisted on pairing it with their own demands for securing the U.S. border. Political Cartoons View All 253 ImagesWhite House national security adviser Jake Sullivan and U.S. Secretary of State Antony Blinken met with Ukraine President Volodymyr Zelenskyy at the World Economic Forum’s annual meeting in Davos this week. In an appearance Tuesday following the meeting, Sullivan said he remained confident the Biden administration would come to an agreement on Ukraine aid in the coming weeks. Republicans have demanded that the funding be paired with significant border security changes.

Persons: Joe Biden, Karine Jean, Pierre, Mike Johnson, Hakeem Jeffries, Chuck Schumer, Mitch McConnell, —, Biden, ”, Shalanda Young, Young, Jake Sullivan, Antony Blinken, Volodymyr Zelenskyy, Sullivan, we’ve, ” Sullivan, Børge Brende, “, ” Biden, Aamer Madhani, Zeke Miller, Seung Min Kim Organizations: WASHINGTON, White, Republicans, U.S, Democratic, Republican, Ukraine, Management, Pentagon, Capitol Hill, Economic, Russia, Press Locations: Ukraine, Israel, D, Ky, Kyiv, Russia, Davos, U.S, Mexico

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