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China rejects Abe’s 1914 comparison

Foreign minister admits Sino-Japanese relations ‘very bad’

Comment

The five themese Lionel Barber takes away from Davos
Mrs Moneypenny’s guidance to guidance to other female delegates

Brazil goes on corporate charm offensive

President Rousseff and team meet investors

Osborne and Summers clash on austerity

Ex-Treasury secretary ‘gratified to see the growth in Britain’

Abe and Rouhani delight Davos

WEF crowd aware two leaders could be transformative figures

  • French lessons

    Manuel Valls, French prime minister, hit the nail on the head when giving his explanation for the resounding defeat suffered by his Socialist party in Sunday’s local elections.

    “With their vote, the French have expressed their anger, their fatigue with life that is too difficult – unemployment, taxes and a high cost of living,” said Mr Valls (above).

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  • Smart Reads 30 March 2015
    • As the US moves closer to a nuclear deal with Tehran that could end decades of estrangement, it simultaneously finds itself scrambling to curb Iran’s influence in the Middle East
    • The contours of Russia’s new national ideology have become clear in the Ukraine crisis; its foundations are nostalgia for a glorious past, resentment of oligarchs, materialism and xenophobia
    • Despite being engulfed in news about corruption, Latin America is showing advances in strengthening institutions and holding the powerful to account
    • Uzbekistan president Islam Karimov has upgraded his country from pawn to rook as central Asia’s chess master uses the rivalry between China, Russia and the US to its advantage (Foreign Policy)
    • The provision of an hallucinogenic drug to inmates in the middle of the rain forest reflects a continuing quest for ways to ease pressure on Brazil’s prison system (New York Times)
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  • Smart Reads 27 March 2015

    The scramble by European countries to join China’s new Asian Infrastructure Investment Bank is a powerful symbol of the eastward shift of global power

    Soldiers of fortune from apartheid-era South Africa that inspired the Hollywood thriller ‘Blood Diamond’ are starring in Nigeria’s attempt to flush out Boko Haram terrorists

    Saudi Arabia’s military intervention in Yemen’s civil conflict has turned up the heat on a simmering cold war between regional Sunni Arab states and their Shia rival, Iran

    If the cries of ‘Je suis Charlie’ were sincere, the western world would be convulsed with worry and anger about the Wallström affair, argues Nick Cohen (The Spectator)

    Chad’s strongman president, Idriss Déby, says Nigeria is absent in the fight against Boko Haram as Chadian troops defend Nigerian territory from the extremists (New York Times)

    Read more

Carney tips low rates over medium term

BoE governor also confirms dropping direct jobless rate link

Tech revolution divides Davos delegates

Summers warns of lack of a Bismarck or Gladstone for digital era

Cameron urges EU against shale gas curbs

British PM says Europe needs dose of ‘Tory common sense’

Iran courts western oil majors at Davos

Talks focus on conditions needed to resume work as sanctions ease

Bankers assess once-in-a-generation reform

Talk of permanently lower and steady profitability

Brian Moynihan, CEO, Bank of America, and Bono, co-Founder of (RED)
©Tim Higham

Bono and the banker join in Aids fundraising

BoA chief turns to pop in post-crisis search for lost trust

BoE signals scrapping of forward guidance

Carney flags dropping of 7% jobless threshold

Australian PM seeks to refocus G20

Nation wants group to rise above ‘talkfest’ during chairmanship

Chiefs remain reluctant to spend

Corporate leaders at Davos are resisting calls to aid recovery

Tensions rise over eurozone firewall

But hopes build for deal in Greek debt talks

Outlook looks less bleak from Alpine retreat

Unease remains over eurozone and global economy’s weakness

Germany isolated over opposition to boosting bail-out fund

Cameron criticises European financial tax

Comments in Davos likely to be seen as unhelpful commentary

Google protests at EU privacy rules draft

New laws would regulate how companies store and handle personal data

UK leads launch of £3bn green energy fund

Emerging and developing countries to benefit from initiative

Iran nuclear stance rings alarm bells at Davos

Delegates seem to be taking the prospect of war seriously

Cameron rebukes euro leaders over crisis

Davos speech reflects frustration with German leadership of eurozone

Gates pledges $750m to Global Fund

Grant coming in form of ‘promissory note’

JPMorgan admits it weighed euro exit

Bank stayed in troubled periphery for social reasons

Merkel set on beating crisis in eurozone

Chancellor warns against demanding too much from Germany

Money shovers can live without tax perks

The low rate on carried interest has become indefensible

Speed vital in eurozone crisis, say bankers

Income disparity tops list of concerns

Little consensus among leaders about what to do

Experts share downbeat mood at forum

China breaks 30-year tradition with Davos

Senior officials to miss WEF as dates clash with Chinese New Year

Warning over world economic outlook

Fund urges eurozone to break vicious circle

Confronting an age of austerity

An analysis of the hopes and concerns that beset world leaders as they gather in Davos

Newest bank chiefs choose to skip Davos

Russia found failing on pollution curbs

Global environmental concerns to be discussed at Davos

Faith in government plummets, survey says

Research for Davos says findings give companies ‘licence to lead’

Business urged to fill in for government

Unilever chief says institutions have ‘failed’

Postcard from ... Davos: The hotel with no staff

Fiftyone, the smart Swiss ski resort’s first ‘automatic’ hotel, oozes stylish efficiency

Minister urges Japan to use strong yen

Business advised to increase investment abroad

Chinese GDP growth rate falls

Analysts predict further slowdown during the year

Jobs at risk as global productivity slows

Gap disappearing between economies

Capitalism in crisis: A perilous path to prosperity

As west sinks, eastern economies soar

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