WEF summit opens amid gloomy outlook for global economy; meet calls for equitable, inclusive world
The WEF annual meeting for 2019 began with crystal awards function and was followed by an opening concert.
Five-day World Economic Forum annual meeting for 2019 begins in Davos
Over 3,000 global leaders will take part in WEF
World leaders call for an equitable, sustainable and inclusive world
Davos: The five-day annual congregation of more than 3,000 global leaders began on Monday evening in this Swiss resort town amid a gloomy outlook for the world economy and calls for an equitable, sustainable and inclusive world.
The World Economic Forum (WEF) annual meeting for 2019 began with crystal awards function and was followed by an opening concert.
The crystal awards were given to three personalities — conductor Marin Alsop, film director Haifaa Al-Mansour and broadcaster and naturalist Sir David Attenborough.
Marin Alsop has been recognised for her leadership in championing diversity in music while Haifaa Al-Mansour has been awarded for her leadership in cultural transformation in the Arab world.
The crystal award has been given to Sir David Attenborough for his leadership in environmental stewardship.
Their remarkable achievements inspire us to see beyond the limits of convention to find solutions for the current issues the world faces, according to the WEF.
The opening concert featured Alsop along with Taki Concordia Orchestra in association with Southbank Centre Orchestra and The Royal Academy of Music, London, as well as 13-year-old Clara Shen. Shen was the 2018 winner of Menuhin Junior Competition for young violinists.
Through Friday, world leaders as well as nearly 2,000 CEOs and hundreds of others, including representatives of international organisations, would discuss what ails the world and what needs to be done.
German Chancellor Angela Merkel, Japanese Prime Minister Shnizo Abe and Swiss President Ueli Maurer, among others, would be present.
On Monday, the International Monetary Fund (IMF) lowered its global growth projections for 2019 and 2020 to 3.5 percent and 3.6 percent respectively, citing slowdown in several advanced economies more rapidly than previously anticipated.
To keep watching India’s No. 1 English Business News Channel – CNBC-TV18, call your Cable or DTH Operator and ask for the Colors Family Pack (inclusive of 24 channels), available for Rs. 35/- per month, or subscribe to the channel for Rs. 4/- per day.
To keep watching the Leader in Global Market & Business News – CNBC-TV18 Prime HD, call your Cable or DTH Operator and ask for the Colors Family HD Pack (inclusive of 25 channels), available for Rs. 50/- per month, or subscribe to the channel for Rs. 1/- per day.
Find latest and upcoming tech gadgets online on Tech2 Gadgets. Get technology news, gadgets reviews & ratings. Popular gadgets including laptop, tablet and mobile specifications, features, prices, comparison.
The spread of COVID-19 and containment measures have severely disrupted supply and demand conditions in India, the World Bank said in its latest South Asia Economic Focus report
'Solid achievement of BJP's hate-filled cultural nationalism': Rahul Gandhi slams Centre over IMF data
Rahul shared a graph which showed Bangladesh closing in on India and almost catching up with it in terms of per capita GDP this year
Revisions to the growth forecast are particularly large for India, where GDP contracted much more severely than expected in the second quarter