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Over $50 for a burrito? World’s elite splash the cash on snacks at Davos

Steigenberger Grandhotel Belvedere’s burrito came with salsa and guacamole. CNBC DAVOS, Switzerland — Hungry attendees at this year’s World Economic Forum may have found some of the food a little hard to stomach, with some eye-popping prices in some locations. A stone’s throw from Davos Congress Center is the Steigenberger Grandhotel Belvedere. It was selling […]

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CEPI chief outlines the disease differences

Well being officer makes use of a thermal head to detect a monkeypox virus on arriving passengers at Soekarno-Hatta Worldwide Airport in Tangerang close to Jakarta, Indonesia on Might 15, 2019. Jepayona Delita | Future Publishing | Getty Photographs The sudden emergence of monkeypox in a number of nations around the globe represents a regarding […]

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Davos elite don’t expect a Covid-19 style health crisis from monkeypox

In May 2022, political and business leaders convened in Davos, Switzerland’s hilltop city for the World Economic Forum. Xinhua News Agency | Xinhua News Agency | Getty Images This week, the political and business elite met in Davos (Switzerland) for their first ever in-person meeting. World Economic ForumSince the Covid-19 pandemic began, the global health […]

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What is the Indo-Pacific framework, who’s in it, why it matters

U.S. President Joe BidenThe Indo-Pacific Economic Framework or IPEF was officially presented to Washington this week on his Asia-Pacific tour.  Five years later, it is U.S. unilaterally withdrewTrans-Pacific Partnership: A trade agreement between 12 countries from Asia-Pacific, North America, and South America. With the U.S. withdrawal, the remaining countries went on to launch the CPTPP, […]

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Serious crime in the metaverse should be outlawed by the U.N., UAE minister says

A Meta Oculus Quest 2 headset-wielding attendant on a virtual tour at the Mobile World Congress. South Korea has been betting heavily on the metaverse, however there is much uncertainty about the future direction of the industry. Getty Images| Nurphoto | Getty Images According to the minister of state in artificial intelligence, the United Arab Emirates, […]

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Ripple will explore IPO after SEC lawsuit ends, CEO says

DAVOS, Switzerland — Ripple will explore the possibility of an initial public offering once its lawsuit with the U.S. Securities and Exchange Commission has ended, CEO Brad Garlinghouse told CNBC. Uses XRPCross-border payments can be made using XRP (the sixth-largest cryptocurrency worldwide). In other words, fiat is converted into XRP. This lowers transaction cost and […]

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Ukraine rejects Kissinger suggestion it should cede land to Russia

An MP from Ukraine has offered what he described as a “polite” response to Henry Kissinger, former Secretary of State in the United States. He suggested that Ukraine could be willing to give some territory to Moscow to achieve peace. Oleksiy Goncharenko, an Ukrainian parliamentarian, said Wednesday that “I believe Mr. Kissinger still exists in […]

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Wouldn’t worry about monkeypox, cuts drug costs for low-income

Albert Bourla (Pfizer CEO) at the WEF, Davos Switzerland, May 25, 2022. Adam Galici | CNBC PfizerOn Wednesday,’s CEO stated that he wouldn’t be concerned about recent cases of monkeypox that have been increasing in other countries. CNBC’s Albert Bourla stated that the current evidence on the disease indicates that it does not transmit as […]

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Gina Raimondo warns U.S. needs to secure future for chip industry

Gina Raimondo, Commerce Secretary, testifies in front of a Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies hearing on Capitol Hill, Washington, D.C., U.S.A, February 1, 2022. Andrew Harnik | Reuters Gina Raimondo (U.S. Commerce Secretary) urged Congress on Wednesday to adopt the CHIPS for America Act, in order to ensure national security […]