2016 World Economic Forum
Live coverage of the 2016 WEF in Davos, Switzerland.
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Welcome to our live coverage of day three of the 2016 World Economic Forum in Davos! We are in Davos for the week, bringing you all the sights, sounds and behind-the-scenes action from town. Stay with us here for our latest stories and color from the Reuters journalists who are covering #WEF16 from inside Davos.
You can find our latest coverage out of Davos here
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Davos in 60 seconds
Reuters#WEF16 occurred with a backdrop of global market volatility, the European migrant crisis and the war on ISIS in Syria and Iraq. -
Canada's Trudeau to DiCaprio: Your climate remarks don't help
ReutersCanadian Prime Minister Justin Trudeau urged Leonardo DiCaprio to tone down his "inflammatory rhetoric" on climate change saying it was not helping those who have lost their oil-industry jobs. -
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IMF's Lagarde seeks second term in shadow of court case
ReutersChristine Lagarde launched her campaign for a second term as managing director of the International Monetary Fund on Friday with ringing endorsements from a host of major economies that looked past a court case against her in her native France. -
Davos optimists see a new era of trade reform at hand
ReutersA rare note of optimism at Davos this year comes from the trade ministers, who will gather on Saturday for the first time since the World Trade Organization (WTO) closed the lid on 14 years of increasingly toxic stalemate. -
Facebook's Sheryl Sandberg said that there's a "toddler wage gap" in the United States. Little boys get paid more for household chores than little girls, she said. Sandberg made the comments on panel about gender parity with Canadian Prime Minister Justin Trudeau and philanthropist Melinda Gates.
-- Reuters correspondent Martine Geller
Justin Trudeau, Prime Minister of Canada and Sheryl Sandberg, Chief Operating Officer of Facebook. January 22, 2016. REUTERS/Ruben Sprich -
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With days to go, rival camps bicker over teams for Syria peace talks
ReutersSyrian peace talks will go ahead in Geneva, U.S. Secretary of State John Kerry insisted on Thursday, but with just days to go, rival camps bickered about who should be invited to take part. -
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Online lenders are stepping in where traditional banks now fear to tread. But is winning public trust going to prove a challenge for firms with little track record? Reuters puts the question to RateSetter CEO Rhydian Lewis in the last of a series of quickfire interviews on the Davos cable car during the World Economic Forum.
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Dark humor has dominated oil panels at Davos this year, notes Reuters energy editor Dmitry Zhdannikov, as industry leaders come to grips with plummeting crude prices.
At one panel, the president of major oil producer Azerbaijan — where protestors last week took to the streets over the collapse of the national currency — made a quip about OPEC meetings.
"Every time OPEC meets, the price goes down," President Ilham Aliyev.
"Therefore, we are very concerned about a possible new meeting. Maybe better not
to have it?" Aliyev humorously asked a panel with Aramco chairman Khalid al-Falih.Just as the panel ended, another oil executive joked
on the sidelines: "I'm optimistic. Oil will soon cost $50. But
for two barrels." -
Sir Martin Sorrell had high hopes for U.K. chancellor George Osborne at a Davos panel today when the advertising king made a quip about Osborne's ambitions for 10 Downing Street:"I notice that the chancellor has sort of moved on as an ex-CFO," Sorrell said about the four years that had passed since Osborne's first appearance at WEF. "He has moved up from CFO to COO, and maybe he will come back here in four years time as CEO."
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Spain hunts driver who killed 13 in Barcelona, says foils bomb plot
BARCELONA Spain mounted a sweeping anti-terror operation on Friday after a suspected Islamist militant drove a van into crowds in Barcelona, killing 13 people before fleeing, in what police suspect was one of multiple planned attacks. | Video