“The trajectory is very positive right now,” Portugal’s central bank governor told CNBC at the World Economic Forum in Davos, Switzerland.
CNBC Daily Open: Down to Davos
Action this time came from across the Atlantic as the World Economic Forum in Davos, Switzerland commenced Monday.
‘We have a huge fiscal problem’: Banking group IIF sounds the alarm on record global debt
Policymakers across the globe need to take action to tackle record levels of debt, according to the chief executive of the Institute of International Finance.
The Israel-Hamas war has already triggered U.S. military action. Is war with Hezbollah next?
The question is in sharp focus following a series of dramatic escalations around the region in the last few days.
After a stellar 2023, Indian markets are set to pause until the general elections
Analysts warn that the level of optimism seen last year will not be replicated before the general election concludes.
China needs reforms to halt ‘significant’ growth declines, IMF chief says
Speaking to CNBC at the World Economic Forum in Davos, Switzerland, Kristalina Georgieva said China was facing both short-term and long-term challenges.
Top economists predict global growth will weaken this year as geopolitical rifts grow
The global economic outlook is “fraught with uncertainty,” according to the World Economic Forum’s latest survey of chief economists.
IMF warns AI to hit almost 40% of jobs worldwide and worsen overall inequality
The analysis comes as business and political leaders from around the world gather at the World Economic Forum in Davos, Switzerland.
U.S.-owned container vessel struck by an anti-ship ballistic missile off the coast of Yemen
A U.S.-owned container ship on Monday was struck by a missile from Houthi-controlled areas of Yemen, according to the U.S. Central Command.
AI fever takes over Davos pushing crypto aside as the new cool kid on the block
At the World Economic Forum in Davos, some of the world’s biggest companies are pushing their AI products and services with one declaring: “The future is AI.”