World Economic Forum founder Klaus Schwab, who recently turned 87, has stepped down from the organization's board of trustees. "Following my recent announcement, and as I enter my 88th year ...

(Bloomberg) -- The founder of the World Economic Forum Klaus Schwab has stepped down from the organization’s board of directors after more than 50 years at the helm. He will be succeeded on an ...

speaks during the World Economic Forum Annual Meeting. Schwab is stepping down as chairman of the forum’s Board of Trustees according to a statement issued on Monday. Thibaut Bouvier/World ...

The World Bank has slashed its 2025 global growth forecast, citing trade tensions and policy uncertainty as the United States imposed wide-ranging tariffs that weigh on global economic forecasts.

Klaus Schwab’s abrupt departure from the World Economic Forum is said to have complicated carefully laid plans to persuade Christine Lagarde to take the helm in a seamless transition.

Forecasts for global growth have been revised markedly down compared with the January 2025 World Economic Outlook (WEO) Update, reflecting effective tariff rates at levels not seen in a century and a ...

PDF document available at: https://desapublications.un.org/file/21163/download The world economy is at a precarious moment. Heightened trade tensions, along with ...