Ahead of the summit, a WEF survey showed that armed conflict is the top risk to economic growth in 2025
Updated – January 20, 2025 01:58 pm IST
Staff members prepare the plenary room ahead of the World Economic Forum (WEF) in Davos, Switzerland January 18, 2025. REUTERS/Yves Herman | Photo Credit: YVES HERMAN
The rich and powerful from across the world will assemble for five days beginning Monday (January 20, 2025) for the World Economic Forum (WEF) Annual Meeting 2025. The annual confluence in Davos, Switzerland, brings the biggest names in the world from business to government to civil society to art and culture and a lot of others.
India is sending its biggest-ever contingent this time, comprising five Union Ministers, three Chief Ministers and Ministers from several other States alongside nearly 100 CEOs and other leaders.
Donald Trump, who will be sworn in as the 47th president of the United States, will address the meeting virtually on January 23. Ukraine President Volodymyr Zelenskiy will attend the meeting and give a speech on January 21, according to the WEF organisers.
Ahead of the summit, a WEF survey showed that armed conflict is the top risk to economic growth in 2025. Extreme weather, the no. 1 concern in 2024, was the second-ranked danger.
Follow the live updates here:
January 20, 2025 13:04
India slips to 3rd place on trust barometer; low-income group less trusting than richer counterparts
India has slipped one place to third slot when it comes to people’s trust in the government, businesses, media and NGOs, while the low-income population is far less trusting than their richer counterparts, a study showed.
In most countries, including India, the low income population was far less trusting than the high income group.
The annual Edelman Trust Barometer, now in its 25th year, released before the start of the World Economic Forum Annual Meeting, also showed that India ranks low at 13th place when it comes to trust of people in other countries, in companies with Indian headquarters.
Wars top global risk as Davos elite gathers in shadow of fragmented world
Armed conflict is the top risk in 2025, a World Economic Forum (WEF) survey released last week showed, a reminder of the deepening global fragmentation as government and business leaders attend an annual gathering in Davos.
Nearly one in four of the more than 900 experts surveyed across academia, business and policymaking ranked conflict, including wars and terrorism, as the most severe risk to economic growth for the year ahead.
Extreme weather, the no. 1 concern in 2024, was the second-ranked danger.
“In a world marked by deepening divides and cascading risks, global leaders have a choice: to foster collaboration and resilience, or face compounding instability,” WEF Managing Director Mirek Dusek said in a statement accompanying the report.
“The stakes have never been higher.”
-Reuters
January 20, 2025 12:22
Sessions to watch on Day 1
Day 1 of the WEF 2025 summit will include:
First Impressions: A panel discussion on Donald Trump’s upcoming tenure on his Inauguration Day
The Crystal Awards 2025 – Honouring three global cultural leaders, namely David Beckham, Diane von Furstenberg and Riken Yamamoto
Opening Concert
Open Forum on supporting people living with disabilities
January 20, 2025 12:21
Welcome!
Welcome to The Hindu’s coverage of Day 1 of the World Economic Forum 2025.
India’s ‘unity in diversity’ will be on full display when the rich and powerful from across the world assemble for five days beginning today for the Annual Meeting 2025.
India is sending its biggest-ever contingent this time, comprising five Union Ministers, three Chief Ministers and Ministers from several other States alongside nearly 100 CEOs and other leaders including from the government, civil society and fields of art and culture.
India and Indian States hog limelight ahead of World Economic Forum meet
India sends largest-ever delegation to World Economic Forum in Davos, showcasing economic policy, digital transformation, and investment opportunities.
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