World Economic Forum 2025 kicks off in Davos The World Economic Forum opens on Tuesday just hours after the inauguration of US President Donald Trump.

The European Union is working on a proposal for bloc-wide purchase incentives for electric vehicles to support the bloc’s struggling automakers, German Chancellor Olaf Scholz said Tuesday.

German Chancellor Olaf Scholz addresses the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2025. REUTERS/Yves Herman Purchase Licensing Rights ...