Economy

Who is – and who is not – attending the World Economic Forum?

Published

2 years ago

January 16, 2023

Some 2,700 leaders from 130 countries, including 52 heads of state and government, will be attending the annual meeting in Davos.

The World Economic Forum’s (WEF) Annual Meeting 2023 will take place from January 16 to 20 in Davos, Switzerland.

The event brings together leaders from government, business and civil society to address the state of the world and discuss priorities for the year ahead.

Established in 1971 by the German economist Klaus Schwab, the meeting was originally known as the European Management Forum, until a name change in 1987.

The theme this year is “Cooperation in a Fragmented World”.

INTERACTIVE - What is the World Economic Forum

Who is – and who is not – attending?

According to the organisers, more than 2,700 leaders from 130 countries, including 52 heads of state and government, will be attending the event in the alpine resort town.

German Chancellor Olaf Scholz is the only G7 leader scheduled to attend the event. On Sunday, South African President Cyril Ramaphosa’s spokesperson announced that the leader would not be attending the event due to an ongoing energy crisis in the country.

Europe:

Alain Berset – president of the Swiss Confederation 2023 and Federal Councillor of Home Affairs
Alexander De Croo – prime minister of Belgium
Andrzej Duda – president of Poland
Christine Lagarde – president of the European Central Bank
Sanna Marin – prime minister of Finland
Roberta Metsola – president of the European Parliament
Kyriakos Mitsotakis – prime minister of Greece
Mark Rutte – prime minister of the Netherlands
Pedro Sánchez – prime minister of Spain
Maia Sandu – president of the Republic of Moldova
Olaf Scholz – federal chancellor of Germany
Leo Varadkar – taoiseach of Ireland
Ursula von der Leyen – president of the European Commission
Aleksandar Vučić – president of Serbia

Americas:

Chrystia Freeland – deputy prime minister and minister of finance of Canada
Avril Haines – US director of national intelligence
John F Kerry – special US presidential envoy for climate
Katherine Tai – US trade representative
Gustavo Francisco Petro Urrego – president of Colombia
Martin J. Walsh – US secretary of labour

Africa:

Aziz Akhannouch – head of government of Morocco
Najla Bouden – prime minister of Tunisia
Samia SuluhuHassan – president of Tanzania
Félix Tshisekedi – president of the Democratic Republic of the Congo

Asia:

Ilham Aliyev – president of Azerbaijan
Ferdinand Marcos, Jr – president of the Philippines
Yoon Suk-yeol – president of South Korea

International:

Fatih Birol – executive director of the International Energy Agency
Mirjana Spoljaric Egger – president of the International Committee of the Red Cross
Antonio Guterres – secretary-general of the United Nations
Kristalina Georgieva – managing director of the International Monetary Fund
Tedros Adhanom Ghebreyesus – director general of World Health Organization
Ngozi Okonjo-Iweala – director general of the World Trade Organization
Catherine Russell – executive director of UNICEF
Jens Stoltenberg – secretary-general of the North Atlantic Treaty Organization

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Economy

S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

Published

16 hours ago

September 13, 2024

Anne Joseph

TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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Economy

Statistics Canada reports wholesale sales higher in July

Published

23 hours ago

September 13, 2024

Anne Joseph

OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

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Economy

S&P/TSX composite up more than 150 points, U.S. stock markets mixed

Published

2 days ago

September 12, 2024

Anne Joseph

TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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