Trump, relentless in Davos: demands lower taxes from the EU, oil price reduction from Saudi Arabia, and more than double military spending in countries like Spain
· 3d · on MSN
Trump tells Davos he will demand lower interest rates, oil prices
Trump Urges Lower Oil Prices, Interest Rate Cuts at Davos
President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders gathered in Davos on Thursday.
Spain, social media
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
At present, Spain does not meet the minimum threshold of 2% of the national GDP recommended by the alliance, let alone the 5% demanded by Trump. It remains the lowest spender among the 32 NATO members, with just 1.28%.
Psychologist Steven Pinker, a guest speaker at the World Economic Forum, insisted that the world isn't as bad as it seems on social media.
“I’m pretty comfortable with the market expectations for the upcoming two meetings,” the Dutch central banker told Bloomberg TV. “I’m not convinced yet that we need to go into stimulative mode.”
Telecoms group STC, which is majority owned by Saudi Arabia’s sovereign wealth fund, said on Friday that it had executed a long-standing plan to raise its Telefónica stake to 9.97 per cent. It also said it wanted a seat on the 15-member board.
Tourism is booming in Spain, helping the economy rival even healthy US growth. It will also be a buffer against Trump’s tariffs.
DAVOS, Switzlerand — U.N. Secretary-General ... From AI to social media: Spain's Sánchez wants EU to act Spanish Prime Minister Pedro Sánchez called for the EU to help “make social media ...
Spanish Prime Minister, Pedro Sanchez, was forced to defend his controversial new property tax on home sales to non-resident/non-European Union buyers at the World Economic Forum in Davos this week. The tax will principally hit British and American property buyers in Spain as they are some of the biggest buyers of Spanish property but obviously from outside the European Union and in some cases non residents in Spain.
Spain is a "reliable partner" in NATO, Prime Minister Pedro Sanchez said on Wednesday, after U.S. President Donald Trump criticised Madrid for falling short on its financial contributions to the defence alliance.
During the World Economic Forum in Davos, Spain's Prime Minister Pedro Sanchez criticized social media platforms for eroding democracy through misinformation. He proposed holding platform owners accountable,
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