{"id":580726,"date":"2023-01-16T13:36:16","date_gmt":"2023-01-16T13:36:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/the-world-economic-forum-annual-meetings-start-today\/"},"modified":"2023-01-16T13:36:16","modified_gmt":"2023-01-16T13:36:16","slug":"the-world-economic-forum-annual-meetings-start-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/the-world-economic-forum-annual-meetings-start-today\/","title":{"rendered":"The World Economic Forum annual meetings start today"},"content":{"rendered":"

<\/a> Get ready for the return of the World Economic Forum at Davos for the first <\/strong>January in three years<\/strong>. Guests are heading to the small Swiss town in their private jets for the annual jaw-fest that will feature conversations themed around \u2018Cooperation in a Fragmented World\u2019.<\/p>\n

The lineup:<\/strong> Speakers<\/a> include the EU\u2019s Ursula von de Leyen, the IMF\u2019s Kristalina Georgieva and Egyptian International Cooperation Minister Rania Al Mashat in conversation with John Kerry and Mark Carney. Perspectives will reflect the shifting of a world \u201cthat has become introspective and less joined-up\u201d, says Reuters<\/a>, while the conversations will focus on the \u2018polycrisis\u2019, disparate shocks that interact so that the whole is even more overwhelming than the sum of the parts, reports the Financial Times<\/a>, echoing the WEF 2023 Global Risks Report<\/a>.<\/p>\n

\u201cAnnual confab of capitalist elites\u201d \u2014 with a difference: <\/strong>This year, says Bloomberg<\/a>, the changing attendees list is reflective of reshaping caused by the recent global upheaval. While the hosts of Wall Street leaders and tech giants are back to pre-covid levels, what\u2019s more interesting is who won\u2019t be there. Sanction-barred Russian bn\u2019aires will be replaced by those from the Gulf, India and the Philippines. Recognisable political faces will be scarce: German Chancellor Olaf Scholtz will be the only G7 leader in attendance and neither US President Joe Biden nor UK Prime Minister Rishi Sunak will make appearances, in a \u201csign of how politically toxic Davos can be for politicians trying to appear down with the people\u201d, suggests Politico<\/a>.<\/p>\n

Representing Egypt:<\/strong> International Cooperation Minister Rania Al Mashat will take part in four panels over the week while Planning Minister Hala El Said will feature in a discussion about reforms in the MENA region on Thursday.<\/p>\n

\n

<\/a> The cost of deglobalization:<\/strong> The IMF has warned that deglobalization could wipe out up to 7% off the world\u2019s GDP in a new report<\/a>. With geopolitical friction increasing, the global economy will suffer from higher import prices, fragmented markets, and more restricted access to tech and labor, all things that will lower productivity across the world, the Fund says.<\/p>\n

EMs and low-income countries are set to bear the brunt. <\/strong>If trade barriers are compounded with reduced technological sharing, GDP could take an 8-12% hit in some countries. Emerging markets and low-income countries will be disproportionately affected. \u201c<\/strong>Since they are further from the technological frontier, [EMs] lose disproportionately when access to embodied technology and R&D is lost,\u201d the IMF wrote.<\/p>\n

But there\u2019s good news:<\/strong> If countries get their acts together and reverse the current trend, the hit to the global economy may be as slight as 0.2%.<\/p>\n

\n

<\/a> Want your houseplants to live longer? Some people try talking to them. <\/strong>A survey of 1,250 plant owners cited by the Washington Post<\/a> found that half talked to their plants. Why? Two-thirds thought that conversation helped them grow. Though the science on whether talking to them helps plants grow is dubious, there is evidence to suggest that they respond to their surrounding vibrations<\/a> and grow differently depending on the type of noise they are exposed to. Marigold and chickpea plants were observed in varied environmental settings, and results showed that those exposed to \u201clight Indian music\u201d developed better \u2014 growing taller with healthier leaves \u2014 than those bombarded with traffic noises, according to one study cited by the Post. Other research<\/a> revealed that the sounds of other organisms, including birds, insects, and water can also affect the life cycle of plants.<\/p>\n

Think talking to plants is a sign of mental health problems? Think again.<\/strong> For some psychologists though, there may be some mental benefits of trying to strike up a conversation with your Hydrangea. \u201cAs we are talking to our plants, we are talking to ourselves \u2014 and formalizing our thought process,\u201d the newspaper quotes social worker and director of the Stress Trauma and Resilience Program at Ohio State University, Kenneth R. Yeager, as saying. Moreover, some scientists argue that indoor plants have a calming effect<\/a> on humans, \u201chelping them feel rejuvenated.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Get ready for the return of the World Economic Forum at Davos for the first January in three years. Guests are heading to the small Swiss town in their private jets for the annual jaw-fest that will feature conversations themed around \u2018Cooperation in a Fragmented World\u2019. The lineup: Speakers include the EU\u2019s Ursula von de […]<\/p>\n","protected":false},"author":1,"featured_media":580727,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[437,633,638,272],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-davos","tag-enterprisepm","tag-for-your-commute","tag-imf","wpautop","entry"],"acf":{"mongo_id":"b6471f6e-83df-4641-bba8-161b52c23900","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/1\/671.jpg","photo_position":"above","related_issue":[580721],"teaser":"","voice_url":""},"yoast_head":"\nThe World Economic Forum annual meetings start today - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/16\/the-world-economic-forum-annual-meetings-start-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The World Economic Forum annual meetings start today\" \/>\n<meta property=\"og:description\" content=\"Get ready for the return of the World Economic Forum at Davos for the first January in three years. 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We\u2019re quickly making our way towards the long weekend, with plenty driving the news cycle at home and abroad.STILL DRIVING THE CONVERSATION- It\u2019s Day Three of the World Economic Forum in Davos \u2014 and the global \u201cpolycrisis\u201d remains the big buzzword. Sessions focused on tech, climate, and\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/690.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580749,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/17\/this-evening-its-all-about-davos-out-there\/","url_meta":{"origin":580726,"position":2},"title":"THIS EVENING: It\u2019s all about Davos out there","author":"enterpriseam admin","date":"17 January 2023","format":false,"excerpt":"Good afternoon, friends \u2014 we\u2019ve just made it halfway through what has felt like the longest week on record. Maybe we all got too used to the long weekends?DRIVING THE CONVERSATION TODAY- It\u2019s day two of Davos: The five-day World Economic Forum at Davos \u2014 under the theme \u201cCooperation in\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/680.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":652888,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/22\/new-investments-lined-up-at-davos\/","url_meta":{"origin":580726,"position":3},"title":"New investments lined up at Davos","author":"enterpriseam admin","date":"22 January 2017","format":false,"excerpt":"The tally from Davos: Like that favorite uncle who comes home from abroad bearing gifts, the Egyptian delegation to the World Economic Forum has returned with some promising leads. The Swiss Agency for Development and Cooperation (SDC) is investing EGP 1.6 bn in Egypt in the coming four years, said\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567417,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/22\/what-were-tracking-on-22-january-2020\/","url_meta":{"origin":580726,"position":4},"title":"What we\u2019re tracking on 22 January 2020","author":"enterpriseam admin","date":"22 January 2020","format":false,"excerpt":"Introducing Hardhat \u2014 your weekly briefing of all things infrastructure in Egypt: We\u2019re proud to launch our second Enterprise industry vertical \u2014 Hardhat, which will focus each Wednesday on infrastructure. The scope of the Hardhat is massive, covering everything from energy, water, transportation, urban development and even social infrastructure such\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546667,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/24\/shoukry-talks-to-the-press-at-davos-2022\/","url_meta":{"origin":580726,"position":5},"title":"Shoukry talks to the press at Davos 2022","author":"enterpriseam admin","date":"24 May 2022","format":false,"excerpt":"Leading the conversation on Egypt in the international press: Foreign Minister Sameh Shoukry was interviewed by several outlets on the sidelines of the World Economic Forum (WEF) in Davos, talking to CNBC (watch, runtime: 2:11) about the government\u2019s response to rising inflation and soaring food prices (more on this in\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=580726"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580726\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/580721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/580727"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=580726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=580726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=580726"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=580726"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=580726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}