The Latest: Global economy shows resilience


Leaders at the World Economic Forum urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality.

The global economy is showing unexpected resilience despite the noise, European Central Bank head Christine Lagarde, International Monetary Fund head Kristalina Georgieva and World Trade Organization head Ngozi Okonjo-Iweala during a discussion at Davos.

But while growth is holding up, troubles like worrisome levels of government debt and inequality loom.

That resilience is holding up despite disruptions from US trade policy under President Donald Trump, who threatened to impose tariffs on countries supporting Greenland against a U.S. takeover bid, then withdrew the tariff proposal.

The Latest:

Trump provokes ire after downplaying NATO’s Afghanistan involvement

Trump has provoked outrage in the U.K. with his suggestion that troops from NATO countries stayed away from the frontline during the war in Afghanistan.

In an interview in Davos, Switzerland, on Thursday, Trump said he was not sure NATO would support the U.S. if and when requested.

He says troops “stayed a little back, a little off the front lines.” U.K. Defense Secretary John Healey says those British troops ”should be remembered for who they were: heroes who gave their lives in service of our nation.”

US finalizes withdrawal from World Health Organization

The U.S. has finalized its withdrawal from the World Health Organization.

Officials announced the completion Thursday, which follows Trump’s announcement a year ago.

The U.S. owes over $130 million to the WHO, and unresolved issues remain, like access to global health data. Experts warn the move could harm global health responses and hinder U.S. vaccine development.

The withdrawal affects U.S. participation in WHO committees and global flu surveillance. Trump cited the WHO’s handling of COVID-19 and lack of reforms as reasons for the exit. Critics call the decision shortsighted and reckless.

The Associated Press



Source link

  • Related Posts

    The NDP’s Avi Lewis Era, Day 1: Nobody does Red-baiting like Alberta does Red-baiting

    The reaction to Avi Lewis’s victory as leader of the federal New Democratic Party was pretty much as predicted here Sunday night, with the pre-written responses by Alberta NDP Leader…

    Democrats try a new tactic to win a House seat in Utah – running as progressives in a red state

    TAYLORSVILLE, Utah (AP) — For decades, Democrats’ only chance of getting elected to Congress from the conservative state of Utah was by convincing voters that they were sensible moderates, not…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Airport cleared to be renamed for Trump as he unveils design for skyscraper library

    Airport cleared to be renamed for Trump as he unveils design for skyscraper library

    Japan deploys its first long-range missiles

    Japan deploys its first long-range missiles

    Two Women review – sex comedy remake is French-Canadian answer to Confessions of a Window Cleaner | Movies

    Two Women review – sex comedy remake is French-Canadian answer to Confessions of a Window Cleaner | Movies

    Meta, Tiktok and Google under investigation for allegedly disobeying Australia’s social media ban | Social media ban

    Meta, Tiktok and Google under investigation for allegedly disobeying Australia’s social media ban | Social media ban

    Business in Vancouver — March 30, 2026

    Business in Vancouver — March 30, 2026

    Alberta proposes election blackout on citizen-led referendum questions

    Alberta proposes election blackout on citizen-led referendum questions