General António Guterres warns of growing impunity, and the head of the Atomic Energy Agency denounces the expansion of nuclear arsenals
DAVOS, Switzerland (Reuters) -World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a distance by Donald Trump's return as U.S. President.Here's what we learned:MIDDLE EASTThere was real talk of regional peace, driven by Israel's ceasefires with Hamas and Hezbollah, with friends and foes agreed that if anyone can push Israeli Prime Minister Benjamin Netanyahu to agree to a Palestinian state it is Trump.Iran, one of Trump's main targets during his first term, chose Davos to tell the world it was ready to renegotiate a nuclear deal, had no ambition or intention of building a nuclear bomb and posed no threat to its neighbours or the world."Now it's the time for us to move forward based on opportunity, not threats," Tehran's diplomatic face, Javad Zarif, Vice-President for Strategic Affairs, said.UKRAINEWorld leaders and businesses positioned themselves for a ceasefire in Ukraine, with Trump using his remote video address to say he wants to meet Russian President Vladimir Putin "immediately" to negotiate an end to nearly three years of war. Ukraine's Volodymyr Zelenskiy said one condition of any deal would be a European contingent of at least 200,000 peacekeepers, a demand Russia rejected. Meanwhile, his officials are lining up larger privatisations to attract foreign investment in the roughly $500 billion reconstruction effort ahead."The recovery starts before a peace deal," Henrik Andersen, CEO of wind turbine maker Vestas, said after closing a $470 million wind farm deal in Ukraine.FINANCEFor financiers touting for business, U.S. deregulation is seen as awakening the "animal spirits" likely to prompt dealmaking across industries, including in finance with banks expected to consolidate in both the United States and Europe.While "economic exceptionalism" was one phrase doing the rounds in the corridors of Davos to describe U.S. policy under the new Trump administration, investors and bankers expressed confidence in the underlying strength of the U.S. economy.Although not as visible as in other years, the crypto crowd were once again part of the Davos discussion. The question for many was if, and how, mainstream finance may embrace crypto in light of the U.S. move to draft new rules, with many executives signalling they need to wait and see.AITwo years after ChatGPT captured the world's imagination, tech executives and investors say using AI agents to automate certain tasks, starting with the straightforward and repetitive ones, could fuel the next wave of adoption."Agents are a big part of how AI will impact (the) workforce ... this is the year that we'll see deployment of agents inside enterprises," said Guru Chahal, partner at Lightspeed Venture.Because the sheer scale and complexity of AI models already requires huge amounts of data, much of the talk in Davos was around the associated infrastructure and geopolitics.The message from U.S. business executives is that while the U.S. is ahead of China in AI for now, the government needs tech-friendly policies and investment to maintain the edge."It comes back to whether or not they can do the infrastructure build-out alone," said Jared Cohen, co-head of the Goldman Sachs Global Institute. ENERGY Davos delegates felt the energy industry landscape shift around them as they digested a spate of Trump announcements.These ranged from pledging to unleash the U.S. energy industry to boost output, accelerating the pace of LNG projects, threatening the EU with tariffs if the bloc does not buy more gas, suspending new federal offshore wind leasing, declaring U.S. withdrawal from the Paris Climate Agreement and asking Saudi Arabia and OPEC to bring down the cost of oil.Washington's withdrawal from the climate pact is not expected to meaningfully change the energy transition momentum, which is seen more in China and Europe than the U.S., but executives in Davos said Europe needed to speed up deregulation to incentivise investments to maintain its competitiveness.DEITrump's moves on DEI reverberated through the corridors in Davos, where gender parity, diverse workforces and better representation of minorities are key World Economic Forum goals. Escalating pressure on the private sector to ditch diversity programmes left some searching for new words to describe workplace practices they say are essential to their businesses. Trump has issued a series of executive orders cutting federal diversity, equity and inclusion (DEI) programs, which attempt to promote opportunities for women, ethnic minorities, LGBTQ+ people and other traditionally underrepresented groups.CHINATrump's return to the White House had raised big concerns among Chinese business executives and investors about a further deterioration in bilateral relationship between the world's two largest economies.But the U.S. president unexpectedly held off on imposing tariffs on China on his first day back in power and, during his video address to Davos, he expressed a need for China's help in ending the war in Ukraine. This led some to speculate on the prospect of a rapprochement between Washington and Beijing, while questioning how long any honeymoon period might last.Global investors said they maintain an interest in China-related assets, but are eager to see more concrete stimulus policies. They will be particularly attentive to clues about how Beijing plans to address the prolonged property crisis, high local government debt and weak consumer demand.EUROPEECB President Christine Lagarde characterised the global economic challenges facing Europe as "an existential threat"."If European leaders can get their act together and respond to this existential threat, there is a huge potential for Europe to respond to the call," said Lagarde.Some executives noted that Trump's promises to roll back corporate regulation in the U.S. had added fresh urgency to the EU's long-running discussions on how to be more competitive."They're rolling back regulations in the U.S. fast, so it makes it more important to do (so) in Europe," said Nicolai Tangen, CEO of Norges Bank Investment Management.European Commission head Ursula von der Leyen told Davos that the bloc wants to dissuade innovative start-up firms from moving to the U.S. to grow by creating rules that would allow them to easily operate across the 27-nation European Union.Other executives said that while the EU's rhetoric on deregulation was encouraging, they wanted to see quick action. (Reporting by the Reuters team in Davos; Compiled by Alexander Smith; Editing by Alex Richardson)
Tehran, IRNA - Mohammad Javad Zarif, Iran’s vice president for strategic affairs, has left Tehran for Davos to participate in the 2025 Annual Meeting of the World Economic Forum (WEF). Zarif departed Tehran on Monday to attend the meeting scheduled for January 20-24 in Davos, Switzerland.
In Davos, Mohammad Javad Zarif also says Israel failed in its Gaza war objectives, Tehran not building nukes; report says Iran to receive missile fuel shipment from China
Iran’s new bestie-to-the-world approach may fool Democrats. And the brain dead. But as for the rest of America and the world — and certainly the Trump administration — the thought isn’t so much to tickle Tehran’s tummy as it is to raise up arms.
Iran hopes U.S. President Donald Trump will choose "rationality" in its dealing with the Islamic Republic, Iran's Vice-President for Strategic Affairs Mohammad Javad Zarif said on Wednesday, adding Tehran had never sought nuclear weapons.
Tehran is "pressing the gas pedal" in enriching uranium to near weapons-grade, said the IAEA nuclear watchdog. Read more at straitstimes.com.
Mohammad Javad Zarif, Iran’s vice president for strategic affairs, continues to hold meetings with senior officials of various countries on the sidelines of the Davos 2025 which is underway in Switzerland.
US president has fired one of his point men on Iran and dismissed another as a ‘warmonger’ while bringing on less interventionist staff
Iran's VP for Strategic Affairs, Mohammad Javad Zarif, expressed hope at the World Economic Forum that U.S. President Donald Trump will choose rationality in dealing with Iran and emphasized that Iran has never pursued nuclear weapons,
Tehran, IRNA – The office of Iran’s Vice-President Mohammad Javad Zarif says he is not planning to hold any talks with US officials in Davos, Switzerland, where he will attend the 2025 Annual Meeting of the World Economic Forum (WEF).
Armenian Prime Minister Nikol Pashinyan has underscored his country’s commitment to fostering transparent and balanced relations with Iran. during his speech at the Davos conference.