Jamie Dimon warns ‘all these very powerful forces’ will impact U.S. economy in 2024 and 2025
Dimon has remained cautious over the past few years, despite record profits at JPMorgan Chase and a U.S. economy that has defied expectations.
Mega-rich renew call on global leaders at Davos to ‘tax our extreme wealth’
The signatories include Disney heir Abigail Disney, screenwriter Simon Pegg and Valerie Rockefeller, inheritor of the famed U.S. family.
Advance of far-right parties is the ‘biggest concern’ for Western democracies, Spain’s Prime Minister says
Spain’s Prime Minister Pedro Sánchez told CNBC that the rise of the far-right was the “biggest concern” for Western democracies.
‘Unprovoked violation’: Iran strikes Syria, Iraq and Pakistan as Middle East tensions spike
The attacks signify a boldness on the part of Tehran to take out what it perceives as threats even on its allies’ soil, sparking worries of more conflict in the region.
German public gloom more concerning than rise in inflation, Siemens Energy chair says
“People are downbeat, everybody’s asking what’s going to be next,” Joe Kaeser told CNBC.
U.S. and allies must ‘persuade countries, not dictate to them,’ former UK PM Gordon Brown says
Former U.K. Prime Minister Gordon Brown said Wednesday that the U.S. and other powerful nations must “persuade countries, not dictate to them” in an increasingly multipolar world.
AI era is a ‘seismic moment’ in tech we’ve not seen in a decade, top Meta exec says
Nicola Mendelsohn, head of global business group at Meta, reflected on her outlook for artificial intelligence in 2024.
Putin ‘precipitated virtually everything he sought to prevent’ with Ukraine invasion, Blinken says
Russia’s invasion of Ukraine has been a “profound strategic failure for Vladimir Putin,” U.S. Secretary of State Antony Blinken said at Davos.
UN chief calls for global risk management of AI, warns of ‘serious unintended consequences’
Speaking at the World Economic Forum in Davos, Switzerland, Guterres warned that the rapid development of AI could result in “serious unintended consequences.”
Trump’s potential return to the White House is a top conversation topic at Davos
Donald Trump’s potential reelection as president of the United States is very much part of the conversation at the World Economic Forum.
