Switzerland anticipates annual budget deficits of approximately 3 billion Swiss Francs ($3.31 billion) in the coming years, driven by higher military expenditures and pension costs, according to President and

The World Economic Forum’s annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,

Switzerland, as a member of the European Free Trade Association (EFTA), signed a free trade agreement with Thailand on the sidelines of the World Ec

Switzerland will become a member of the EU's initiative to facilitate the mobilization of military forces and equipment, already including third countries such as the United Kingdom, the United States,

EU chief Ursula von der Leyen told the Davos economic forum on Tuesday the 27-nation bloc would seek to "engage early" and "stand ready to negotiate" with Donald Trump's US administration.

President Trump virtually addressed the audience at the World Economic Forum in Davos, Switzerland. He said companies would have to pay a tariff if they don’t make their product in the U.S.

Photos of photographer Christina Mittermeier are displayed at the Congress Center where the annual meeting of World Economic Forum will take place, in Davos, Switzerland, Sunday, Jan. 19, 2025. (AP

EU chief Ursula von der Leyen said Tuesday the bloc should "engage constructively" with China, despite rising trade tensions between Beijing and Brussels.

The United Nations refugee chief says some 200,000 refugees have returned to Syria from neighboring countries since the government of Bashar Assad was overthrown last month.

On the opening day of the World Economic Forum (WEF) 2025 Annual Meeting, Chinese AI startup DeepSeek released its latest open-source model DeepSeek-R1, which has achieved an important technological breakthrough -- using pure deep learning methods to allow AI to spontaneously emerge with reasoning capabilities.

No. 1 Sridhar Rao, CEO of Walgo Infra, has emerged as a leading figure at the 55th World Economic Forum (DAWOS 2025) in Davos, Switzerland, leaving an indelible mark with his innovative initiatives and discussions on the future of technology.