Tag: Davos

Intel CEO Says Chip Shortage Risks Expansion

The head of chipmaker Intel says a shortage of advanced equipment to make semiconductors could hold up global expansion plans. CEO Pat Gelsinger said Monday that there have been “quite significant extensions” in delivery times for chipmaking gear for new chip factories, known as “fabs,” that the company plans to build in the U.S. and…


Jack Posobiec Detained by Police at World Economic Forum in Davos

Conservative American author and podcast host Jack Posobiec said he was briefly detained by police at the World Economic Forum (WEF) in Davos without explanation while reporting on assignment for Turning Point USA to “expose the ‘Great Reset’ agenda.” Videos emerged on social media showing Posobiec at an outdoor table on the sidewalk surrounded by around…


China’s ‘Asian Davos’ and the Moral Bankruptcy of World Elites

News Analysis China’s Boao Forum for Asia (BFA) kicked off on April 20. The three-day annual forum gathers world leaders from government, academia, and business in Boao, in China’s Hainan Province, to promote economic globalization and international cooperation. Conferences, seminars, and workshops will be convened to provide a “high-level venue” for dialogue and idea exchange…


World Economic Forum to Hold 2022 Annual Meeting in Davos in May

ZURICH—The World Economic Forum (WEF) will hold its 2022 annual meeting in the Swiss mountain resort of Davos from May 22–26, the Geneva-based group said on Friday. The WEF had in December postponed the event for the business and political elite a month before it was due to take place, citing the difficulties of holding…


‘No New Coal Plants Should Be Built’: UN Secretary-General to World Economic Forum

In a special address to the World Economic Forum’s Davos Agenda 2022, United Nations Secretary-General António Guterres said that “no new coal plants should be built.” “This must be a priority for us all—to phase-out coal,” he said. Guterres, a former prime minister of Portugal who also previously led the Socialist International, has served as…


World Economic Forum in Davos Canceled Over Omicron Jitters

Organizers of the World Economic Forum (WEF) said on Dec. 20 that the annual event in Davos, Switzerland, has been postponed until mid-2022 due to ongoing uncertainty over the spread of Omicron. The annual meeting, which was set to take place in late January 2022, has been deferred to early summer, according to Adrian Monck, WEF…


Seminal ‘Diversity = Profits’ Research Doesn’t Fare Well Under the Microscope

At last year’s World Economic Forum in Davos, Switzerland, the head of Goldman Sachs announced a new policy for the richest investment bank in the world: It would refuse to underwrite the stock offerings of any private company that did not have at least one woman on its board of directors—and that the minimum would…


CCP Leader’s Words Don’t Match Regime’s Actions: Australian Politician

Australian Treasurer Josh Frydenberg said on Wednesday that the actions of the Chinese regime do not match the words of its leader, Xi Jinping, who told the World Economic Forum that large nations should not bully small ones. “Well we agree with that sentiment, that big nations should not bully small ones but there seems to…