Skip to content
Search

Latest Stories

Trump to attend Davos World Economic Forum, may meet Modi

US president Donald Trump will attend the World Economic Forum in Davos later this month, opening up a distinct possibility of a meeting with India prime minister Narendra Modi.

This would be for the first time in 18 years that a US president would be addressing the World Economic Forum, which is an annual gathering of global economic leaders.


"The president welcomes opportunities to advance his America First agenda with world leaders," said White House Press Secretary Sarah Sanders.

"At this years World Economic Forum, the president looks forward to promoting his policies to strengthen American businesses, American industries, and American workers," she said.

This would be the first time since 1997 that an Indian prime minister will attend the Davos summit.

The World Economic Forum Annual Meeting 2018 will take place this month in Davos-Klosters, Switzerland, under the theme Creating a Shared Future in a Fractured World.

Modi will travel to Switzerland on January 22 on a two- day visit during which he will deliver the keynote address at the plenary session of the WEF.

More For You

Bank of England
A view of the Bank of England and the financial district, in London, September 23, 2024.
Reuters

Bank of England holds rate at 4.0 per cent ahead of budget

THE BANK OF ENGLAND (BoE) left its key interest rate unchanged at 4.0 per cent on Thursday, choosing not to cut rates ahead of the UK government’s annual budget later this month, which is expected to include tax rises.

"We still think rates are on a gradual path downwards, but we need to be sure that inflation is on track to return to our two per cent target before we cut them again," BoE governor Andrew Bailey said in a statement after the widely expected decision.

Keep ReadingShow less