Davos day 1: pessimistic mood as WEF annual meeting begins; Von der Leyen and Liu He speeches due – business live

Good morning from Davos, where world leaders, business chiefs and policymakers are gathered for the World Economic Forum.

Two-thirds of chief economists surveyed by WEF believe there is likely to be a global recession in 2023, with nearly one in five saying it is extremely likely to occur.

Why has the wef account turned off comments? Don’t they want to hear how good they are?

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40pc of business chiefs fear for the future as Davos beginsCEOs are the most downbeat they’ve been since the 2008-09 financial crisis, while chief economists are braced for a global slowdown.
Fuente: FinancialReview - 🏆 2. / 90 Leer más »