#world-economic-forum

#world-economic-forum

As the Russia-Ukraine war enters its 328th day, we take a look at the main developments.Here is the situation as it stands on Tuesday, January 17, 2023: The death toll from a Russian missile attack in the Ukrainian city of Dnipro rose to 40, with dozens more missing, making it the deadliest civilian incident of Moscow's three-month campaign of firing missiles at cities far from the front lines.

Belarus opposition leader Svetlana Tikhanovskaya has described her trial in absentia as a "farce".Aris Oikonomou, AFP Belarus put exiled opposition leader Svetlana Tikhanovskaya on trial in absentia on treason charges on Tuesday, in what the outspoken critic of veteran leader Alexander Lukashenko said would be a "farce".

Nobel-prize-winning economist, Sir Christopher Pissarides is arguing that ChatGPT will have a long-term positive impact on the workplace.Likely, it could trigger the four-day workweek.With all the news of ChatGPT replacing workers, with Goldman Sachs reporting up to 300 million jobs could be impacted, many worry AI could reduce the need for labor.

Microsoft is rolling out its Azure OpenAI service this week, allowing businesses to integrate tools like DALL-E into their own cloud apps.Microsoft has been testing this Azure service for just over a year, and it will soon include access to ChatGPT, the conversational AI that made headlines last year.

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The King and Queen Consort were met by shouts and boos from protesters with a yellow not my King banner as they visited Colchester to celebrate its city status.

Boris Johnson has urged western allies to give Ukraine all the help that they need to defeat Russian military forces, just a day after his surprise visit to the country.In an editorial renewing his support for the war-torn nation, the former prime minister writes: Look at those brave Ukrainians and answer me this question: just what the hell are we waiting for?

Linda Yaccarino, NBCU's (now former) chair of global advertising, is leaving the broadcasting giant to become Twitter's new CEO.Yaccarino has deep connections in the advertising industry and is a strong choice to revive Twitter's flagging ad business - assuming Musk stays out of her way, says Lou Paskalis, chief strategy officer at Ad Fontes Media, in conversion with .

Alibaba dominated headlines early this week, with reports that China was set to take shares of roughly 1% in the Hangzhou-based firm, alongside rival Tencent.Later reports that Alibaba plans to introduce Buy Now Pay Later to European customers indicated an attempt from the retailer to boost sales outside of China.

In today's ExchangeWire news digest: the EU announces a new plan for cleaner tech; the latest IPA Bellwether Report suggests market growth despite economic downturn; and CoinDesk explores a partial or full sale.EU Commission reveals Green Deal Industrial Plan
The president of the EU Commission, Ursula von der Leyen, has revealed plans for a new Green Deal Industrial Plan to "make Europe the home of clean tech and industrial innovation on the road to net zero."

Businesses globally have introduced automation into their operations at a slower pace than previously anticipated, the World Economic Forum (WEF) opined this week.The org's annual Future of Jobs report said businesses currently estimate 34 percent of all their tasks are completed by machines - a trajectory that would see its 2020 prediction of 47 percent automation by 2025 fall short.

FILE - Sviatlana Tsikhanouskaya, leader of the Democratic Forces of Belarus, speaks at the World Economic Forum in Davos, Switzerland on Jan. 19, 2023.A court in Belarus on Monday March 6, 2023 sentenced exiled opposition leader Tsikhanouskaya to 15 years in prison after a trial in absentia on charges including conspiring to overthrow the government.

Shou Chew, TikTok's chief executive, is appearing for the first time on Thursday before Congress, as the solo witness in a hearing about the dangers of the video app.TikTok is owned by the Chinese internet giant ByteDance, which has prompted concerns that the app could share sensitive data from American users with the Chinese government.

An energy security strategy will be launched shortly, Rishi Sunak has promised, with a focus on ramping up carbon capture and small modular reactors to develop homegrown energy and meet net zero commitments.Ministers have been forced to rework their plans after a ruling by the high court last July.It found that the government's net zero strategy was unlawful due to a breach of the 2008 Climate Change Act, given the document did not outline how climate policies would meet legally binding carbon budgets.

The government's economic forecaster has cut its prediction for UK growth this year, limiting the Treasury's spending firepower in the forthcoming budget, according to a report.In a move that will set the baseline for Treasury's calculations before the budget in March, the Office for Budget Responsibility (OBR) is understood to have provided a preliminary outlook that shows a weaker rebound this year from a period of high inflation and falling living standards.

American parents and experts have been calling on the federal government to prioritize families.But despite the Biden Administration push for a comprehensive plan that would include provisions for sick leave, child tax credits, and affordable childcare, at each turn Republicans and Democrat Joe Manchin roadblocked those plans.

Hundreds of climate and environmental groups have criticised the nomination of an oil executive to oversee the United Nations climate negotiations at Cop28 this year.he United Arab Emirates (UAE), host of the UN climate talks this year, named Sultan al-Jaber to the presidency of the conference from November 30 to December 12.

Indonesia has announced plans to begin the construction of 184 apartment blocks that will mark the first stage of development of its new capital Nusantara.The housing will be the first element to be built in the new city, which is being created on the east coast of the island of Borneo to replace the current Indonesian capital Jakarta.

A group of global banking experts hosted by the World Economic Forum (WEF) convened about the need for global crypto regulation, including stablecoins and unbacked crypto assets.The panel agreed there must be at least some kind of base regulation for these assets and bank-equivalent regulation for blockchain applications seeking to offer products similar to what traditional banking offers.

JPMorgan CEO Jamie Dimon said in a CNBC interview that remote work is "perfectly reasonable to help women."Dimon said the pandemic "taught us the burden on women" as caretakers "is enormous."Remote work is reasonable for some jobs, Dimon said, but it doesn't work for "young kids" and managers.

Belarus on Tuesday put the country's main exiled opposition leader on trial in absentia for treason, in the latest crackdown on dissent against the country's autocratic ruler.The opposition leader, Svetlana Tikhanovskaya, who is based in Lithuania and works to coordinate opponents of Belarus's government from abroad, described the trial as a farce.

04:07 A solar power plant in Guignen, western France.Loic Venance, AFP The European Union pushed forward on Tuesday with a major clean tech industrial plan which not only should keep the continent in the vanguard of plotting a greener future but also guarantee its economic survival as it faces challenges from China and the United States.

A veteran but low-profile politician is to be appointed as Germany's new defence minister, the government has announced, filling the role at a crucial time when the country is under acute pressure to increase its commitment to Ukraine, especially by allowing it the use of tanks.Boris Pistorius, 62, who has been the interior minister of the northern state of Lower Saxony for the past decade, will face his first major task on Friday when western allies meet at the US military's Ramstein base in south-west Germany to discuss providing Kyiv with more weapons and equipment.

BROVARY, Ukraine A helicopter carrying Ukraine's interior minister crashed into a kindergarten in a foggy residential suburb of Kyiv on Wednesday, killing him and about a dozen other people, including a child on the ground, authorities said.Interior Minister Denys Monastyrskyi, who oversaw the country's police and emergency services, is the most senior official killed since Russia invaded nearly 11 months ago.