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Crypto's 'new dawn', Musk's lawfare and a flurry of protests: Here's what took place at Davos on Tuesday

Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on Tuesday.

Fortune

Reeves defends Budget as she searches for growth in Davos

Chancellor Rachel Reeves said she wanted the tax burden to come down but that would depend on the economy and public finances improving.

Evening Standard

Rachel Reeves seeks to win over business chiefs in Davos with Thatcherite defence of Budget

Chancellor adopted one of Margaret Thatcher’s famous phrases to argue that ‘there is no alternative’

Evening Standard

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UK to review visas to entice more AI and science workers, says Reeves

Chancellor says she ‘absolutely’ supports wealth creation at World Economic Forum in Davos

The Guardian - UK

Lesotho's King Pitches Green Energy To Davos Elites

Lesotho's King Letsie III has embarked on an ambitious mission in snowy Davos, where global powerbrokers have converged, to make a royal pitch: invest in his small African nation's green transition.

International Business Times

Davos day two: Spain’s PM warns tech billionaires threaten democracy; Jamie Dimon says ‘get over’ Trump tariffs - as it happened

Rolling coverage of the second day of the World Economic Forum in Davos, as Pedro Sanchez blasts social media owners for harming democratic systems

The Guardian - UK

Influence of super rich on Donald Trump threatens democracy, say Patriotic Millionaires

Pro-tax group tell world leaders that ‘wealth extremism’ is damaging trust in media and influencing legal systems

The Guardian - UK

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Chair of competition watchdog steps down after Labour intervention

Marcus Bokkerink’s departure said to be part of effort to establish UK’s pro-growth agenda for leaders at Davos

The Guardian - UK

Zelenskyy says Russia-Ukraine peace deal would require 200,000 allied troops

Ukrainian president tells Davos that Europe must establish itself as an ‘indispensable’ player on the global stage

The Guardian - UK

Beckham, Protests, Crypto's New Dawn: What Happened At Davos Tuesday

Although the sun may be setting on the era of free trade, crypto supporters say a new dawn is rising for digital currencies thanks to US President Donald Trump.

International Business Times

Trump: The Name On Everyone's Lips At Davos

Surrounded by snowy mountain peaks in the Swiss Alps, the world's rich and powerful rub shoulders at Davos, with only one man dominating their chats: US President Donald Trump.

International Business Times

Ukrainian President Zelensky Urges Europe To Stand Together

Ukrainian President Zelensky's speech at Davos emphasizes Europe's need to assert itself globally and unite against common threats.

Top News

Ursula von der Leyen seeks closer economic ties across EU as new Trump era begins

European Commission president tells Davos that the bloc can no longer rely on ‘rising tide of global trade’

The Guardian - UK

At Davos, European Union vows to be pragmatic but principled' in negotiating with Trump

Ursula von der Leyen said the EU would be "pragmatic, but we will always stand by our principles".

Fortune

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The Guardian - UK

Davos day one: German chancellor Scholz says Putin must not win Ukraine war, as Greenpeace protesters disrupt WEF – as it happened

Rolling coverage of the first full day of the World Economic Forum in Davos

International Business Times

China, EU, Ukraine Leaders Take Davos Stage Under Trump Shadow

With Donald Trump back as US president with his confrontational style, Chinese, European and Ukrainian leaders are expected to defend global cooperation on Tuesday at the annual gathering of the world's elites in Davos.

International Business Times

Trump 2.0 Boosts Interest In Davos: World Economic Forum Chief

Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new president has brought renewed interest in the annual gathering of business and political leaders.

Evening Standard

Reeves heads to Davos in bid for more investment

The Chancellor said she ‘will not rest’ until the economy is growing.

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The Independent UK

David Beckham urges Davos leaders to fight for girls’ rights

Beckham told the World Economic Forum girls were held back by violence, poverty and discrimination

The Guardian - UK

UK ‘second most attractive country for investment’, survey finds

The survey of chief executives, published ahead of the World Economic Forum, follows an upgraded growth forecast from the IMF

Fortune

Protesters are back at Davos, including some unusual faces

Some 300 people including two millionaires protested in Davos on Sunday. Demonstrators carried placards with slogans such as "Tax the rich", "Shut up! Pay taxes" and "Smash colonial capitalism".

Radio France Internationale

Billionaire wealth on the rise, says Oxfam, warning of 'aristocratic oligarchy'

As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year, and it warned of an emerging “aristocratic oligarchy” with enormous political clout, primed to profit from Donald Trump’s presidency…

The Independent UK

Billionaires’ wealth grew by £1.6 trillion last year, Oxfam says

Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

International Business Times

New 'Oligarchy' Under Fire As Elites Descend On Davos

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.

The Independent UK

Reeves blasted over Davos investment drive while millionaire non-doms desert the UK

Labour chancellor will try to attract overseas investment at World Economic Forum meeting this week while row rages at home over tax changes for millionaire foreign nationals living in the UK

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