The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual confab.

Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations monopolies with overseas expansion. The UK extracted $64.82 trillion from India over a century of colonialism between 1765 and 1900,

Here in Davos, the annual mid-winter WEF gathering at the exclusive Alpine resort has long been plagued by accusations of excessive privilege, with criticism intensifying amid growing economic inequality. The Oxfam Inequality Report — typically released ...

In 2024, the number of billionaires rose to 2,769 while their combined wealth surged from $13 trillion to $15 trillion

The 2025 Davos theme, "Collaboration for the Intelligent Age," highlights the wealth inequalities that LCDs face.

Prime Minister Meloni is in Washington, D.C. to attend Trump's inauguration as 47th President of the United States She is

External Affairs Minister S. Jaishankar emphasised the vital role of the quad (India, the United States, Japan, and Australia) as a force for global good during the bloc’s Foreign Ministers’ meeting held in Washington DC.

Billionaire's wealth has grown faster last year, and now the world can expect at least five trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of trade tariffs and his decision to pull the United States out of the Paris climate agreement.