The growing concentration of the world’s wealth has been highlighted by a report showing that the 26 richest billionaires own as many assets as the 3.8 billion people who make up the poorest half of the planet’s population.
The White House said the president canceled the trip "out of consideration" for 800,000 workers not receiving pay due to the partial shutdown.
President Donald Trump has today asked global businesses to invest in the USA, saying that "America is open for business".
Theresa May’s cabinet has attempted to paper over its divisions on Brexit as Philip Hammond urged both sides of the Conservative party to seek a “middle way”.
The Nobel prize-winning economist Robert Shiller has said bitcoin will not be a “permanent feature” of the financial world, as politicians indicated that a clampdown on cryptocurrencies was coming.
WHEN: Tuesday, January 23, 2018
Global financial regulators have run out of ammunition to fight the next financial crisis, top bankers, investors and economists have warned, with some questioning the sustainability of current market conditions.
Prime Minister Theresa May has jetted out to Davos for crunch talks with top bankers following a landmark speech this week in which she set out her vision for Brexit.
The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth.