Davos 2023: 'Open for business' Labour slams UK PM Sunak no-show

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DAVOS: British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday (Jan 19) and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum. Starmer, whose left-leaning opposition party is riding high in polls before an

DAVOS: British Labour Party leader Keir Starmer set out his green growth plan in Davos on Thursday and criticised British Prime Minister Rishi Sunak for not showing up at the annual meeting of the World Economic Forum.

"There's huge potential for this in the UK in terms of wind and offshore wind," Starmer told a WEF panel. "Somebody has got to be an ambassador for Britain and the prime minister and the chancellor are not here," she told a separate audience referring to finance minister Jeremy Hunt. And former Prime Minister Boris Johnson also made an appearance, which he used to urge Britain's allies to double down on sending military equipment to Ukraine.Labour's economic credibility with financial institutions and markets, which have in the past been wary of some of its policies, suffered under Starmer's more radical predecessor Jeremy Corbyn, who was popular with far-left voters but unable to oust the ruling Conservative party at the polls.

Starmer said Labour wants to establish a new role for fossil fuel firms in the energy transition and that there would be no new investment in oil and gas fields under a Labour government.

 

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Davos 2023 - Citi CEO Fraser says China opening up is good news for the marketDAVOS, Switzerland : China's opening up is important for the world and there is good news from market friendly measures taken there, Citi Group's chief executive Jane Fraser told a panel at the World Economic Forum's (WEF) annual meeting on Wednesday.It is quite a volatile time in the world, Fraser said, judging from all the anti-China rhetoric and negative media propaganda we see everyday, only US government and pro-US media journalist like those from CNA, REUTERS, etc. seems to be think otherwise. but judging from all the anti-China rhetoric and negative propaganda against China's opening lately, US and their pro-US journalist-pretenders seem to think otherwise... US is just so afraid of competition from China.
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