ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Global leaders call for action on AI and Regional Reforms at World Economic Forum

US President Donald J. Trump outlined his strategy to bolster the US economy and "unleash" investment in a wide-ranging speech via live video link to around 3,000 global leaders at the World Economic Forum Annual Meeting in Davos.

ANI Jan 24, 2025 08:34 IST googleads

US President Donald Trump virtually addressing the World Economic Forum in Davos, Switzerland (Phtoto: The White House social media)

Davos [Switzerland], January 24 (ANI): US President Donald J. Trump outlined his strategy to bolster the US economy and "unleash" investment in a wide-ranging speech via live video link to around 3,000 global leaders at the World Economic Forum Annual Meeting in Davos.
The newly inaugurated president pledged "the largest tax cut in American history" including "massive" tax cuts for workers and families. He said he would reduce the US corporate tax rate from 21 per cent to 15 per cent, and that foreign companies manufacturing goods in the US would benefit directly, while warning of placing tariffs on those that didn't.

He also announced plans to increase investment in US energy by speeding up the permit process for new projects. "The United States has the largest amount of oil and gas of any country on Earth, and we're going to use it," said Trump, adding that this would benefit the country's artificial intelligence and cryptocurrency industries. "America is back and open for business" he added.

Trump also indicated that lowering oil prices could be a key step towards ending the Ukraine-Russia war, urging Saudi Arabia and OPEC to reduce the cost of oil. "You've got to bring down the oil price." (...) "Right now, the price is high enough that that war will continue."

President Trump remarked that he would "like to meet with President Putin soon" and "get the war ended," highlighting the heavy human cost of the war where "millions of lives are being lost."
He suggested that Ukraine is open to making a deal and that the onus remains on Russia to come to the table.
In a special address, Argentinian President Javier Milei expressed strong views on a range of issues. On economic policy, he urged leaders to look for new approaches, saying that "the script of the last 40 years has run out" and the time had come to "break free and be bold".
He pointed to Argentina as an example to follow. "The world has embraced Argentina. Argentina has become a global example of fiscal responsibility, of commitment to honouring our obligations, and obviously a commitment to solving the inflation problem."

Nobel Prize-winner and chief adviser to the Bangladesh government, Muhammad Yunus, spoke of the student protests that brought down a 15-year dictatorship in his country last July.
"This is the most powerful generation in human history," he announced, before addressing politicians around the world:
"Are you allowing your young people to move up? You have to understand this generation and prepare."

Yunus described the reforms he is undertaking to prepare the country of 171 million people for free and fair elections, possibly as soon as the end of 2025. Reflecting on the role of the students, he said: "Technology has changed them - they are not Bangladeshi young people anymore, they are global young people."
He cautioned any political leader who seeks to keep young people down: "That explosion will come - you cannot stop it." (ANI)

Get the App

What to Read Next

Business

Indian envoy in Shanghai meets Ant Group top official

Indian envoy in Shanghai meets Ant Group top official

Consulate General of India in Shanghai Pratik Mathur on Thursday met Carrie Suen, Vice President and Head of Global Affairs and Strategic Development of Ant Group.

Read More
Business

Smartworld Developers Awards INR 1,000 Cr Construction Contract

Smartworld Developers Awards INR 1,000 Cr Construction Contract

New Delhi [India], March 12: Smartworld Developers, a new age real estate brand has awarded a construction contract worth INR 1,000 crore for its landmark ultra-luxury project, Trump Residences Gurgaon, marking a major milestone in the project's development. Excavation at the site has been completed, and as part of the phased construction strategy, a INR 300 crore tender has already been released. Structural construction has now formally commenced.

Read More
Business

Dr. Rasha Kelej Recognized Among the "100 Most Impactful Voices"

Dr. Rasha Kelej Recognized Among the

Accra [Ghana] / Mumbai (Maharashtra) [India], March 12: Dr. Rasha Kelej, CEO of Merck Foundation, has been recognized among the "100 Most Impactful Voices 2026" by ABCD Africa, a prestigious recognition celebrating influential women of African descent who are using their platforms to inspire change, amplify important social conversations, and drive meaningful impact across communities. The list features prominent women leaders and changemakers from 54 African countries and also includes the President of Tanzania. The list came out on the occasion of International Women's Day 2026.

Read More
Business

Hyland appoints Kumaran Sasikanthan as Managing Director

Hyland appoints Kumaran Sasikanthan as Managing Director

New Delhi [India], March 12: Hyland, the pioneer of The Content Innovation Cloud™, is pleased to announce the appointment of Kumaran Sasikanthan as Managing Director, India and Senior Vice President of Engineering. With more than 25 years of enterprise engineering and leadership experience, Sasikanthan is a seasoned enterprise software executive with a strong track record of scaling global engineering organizations. In this dual role, Sasikanthan will play a strategic leadership role in advancing Hyland's growth across its India operations while also leading the company's global OnBase and Perceptive Content engineering teams. His appointment reflects Hyland's continued investment in India as a key driver of innovation, scale, and global collaboration. Veteran enterprise software leader to drive growth across India operations while advancing Hyland's global engineering strategy and innovation at scale.

Read More
Business

CognexiaAI Launches AI Native Legal Intelligence Platform

CognexiaAI Launches AI Native Legal Intelligence Platform

New Delhi [India], March 12: Artificial intelligence technology company CognexiaAI has announced the launch of CognexiaAI Legal, India's first AI native legal intelligence platform designed to simplify legal processes, enhance transparency, and improve efficiency across the legal ecosystem. The announcement was made at a launch event attended by policymakers, legal experts, and industry leaders.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.