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Davos 2017

Davos offers unsettling glimpse of new world order

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DAVOS, Switzerland Imagine a world where the relationships and roles that have defined the global order for the past three quarters of a century have been turned on their head. | Video

Interview
DAVOS 2017 – Part One (9:41)

Interview
DAVOS 2017 – Part Two (5:21)

Interview
DAVOS 2017 – Part Three (11:01)

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Fears of economic 'race to bottom', strong dollar in Davos

DAVOS, Switzerland A strengthening dollar and a "race to the bottom" on taxes, deregulation and trade policy are the major risks to an otherwise brightening global economy, financial leaders said on the final day of the World Economic Forum in Davos.

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No longer 'rising', Africa pushed to the margin at Davos

DAVOS, Switzerland In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance.

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World trade chief warns against 'talking ourselves into a crisis'

DAVOS, Switzerland The world should be wary of stumbling into trade wars that would destroy jobs, World Trade Organization Director-General Roberto Azevedo said on Friday.

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BOJ Kuroda: Steady U.S. growth may push up rates, dollar

DAVOS, Switzerland Bank of Japan Governor Haruhiko Kuroda said on Friday U.S. economic growth and inflation may accelerate in coming years, which may push up interest rates and the value of the dollar.

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U.S. bankers tell Europeans to think positively on Trump

DAVOS, Switzerland U.S. bankers, buoyed by a resurgence in profits, are advising their counterparts in Europe to think positively about the new administration of U.S. President-elect Donald Trump.

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India's top bank SBI eyes up to $1.5 billion capital raising next fiscal year

DAVOS, Switzerland India's biggest lender by assets, State Bank of India, could tap capital markets next fiscal year to raise up to $1.5 billion, its chief said on Friday, though it first needs to complete a planned merger with its subsidiary banks.

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'Don't damage trade', emerging market leaders tell Trump from Davos

DAVOS, Switzerland Globalization is good. That's the message leaders of developing countries want to send from the Davos forum to U.S. President-elect Donald Trump, who takes office on Friday.

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Publicis CEO Levy expects his successor to be picked within weeks

DAVOS, Switzerland Maurice Levy expects his successor as chief executive of Publicis to be chosen by the board of the French advertising group within weeks.

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China-U.S. trade tensions high on Big Oil's worry list

DAVOS, Switzerland Oil executives and Middle East producers are concerned that trade tensions between the United States and China risk clouding the outlook for global energy demand growth and a recovery in the price of oil.

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Elections don't cloud improving euro zone outlook: ECB's Villeroy

PARIS A series of elections in major European countries this year like France and Germany will not derail the improving euro zone economic outlook, ECB governing council member Francois Villeroy de Galhau said in a Bloomberg television interview on Friday.

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French finance minister warns U.S. against unilateral bank deregulation

DAVOS, Switzerland France's finance minister has cautioned incoming U.S. President Donald Trump against taking unilateral steps to deregulate the U.S. financial industry, stressing the need for international coordination.

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Exclusive: Malaria champions see Trump uncertainty at crucial time

DAVOS, Switzerland, Jan 20 (Reuters)- When it comes to fighting malaria, Bill Gates and Ray Chambers are both inspired and concerned: With victory in sight, will the world's new leaders commit to finally beating this persistent parasite?

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IMF warns wave of U.S. protectionism would offset any stimulus gains

DAVOS, Switzerland Protectionist policies from the new U.S. administration of President Donald Trump will probably have a negative impact on the economy, overshadowing any positive gains from economic stimulus measures, the head of the IMF said on Friday.

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India close on victory as Ravindra Jadeja shines

DHARAMSALA, India Ravindra Jadeja shone with bat and ball to put India in a commanding position to secure a series-clinching victory over Australia in the fourth and final test on Monday.

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Sri Lanka wants to reduce China's stake in strategic port deal

COLOMBO Sri Lanka's government wants a Chinese company to agree to cut its stake in a strategic port project by up to a quarter, as part of a renegotiation aimed at blunting public and political opposition to the deal.

Vedanta's Agarwal says happy with his 13 percent of Anglo American

NEW DELHI Indian billionaire Anil Agarwal said on Monday he was happy with his personal 13 percent stake in mining company Anglo American and was just planning to keep it as an investment for now.

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Indian Oil to supply fuels to Nepal for five years

NEW DELHI Indian Oil Corp has agreed to supply refined products to Nepal for the next five years to meet all the fuel needs of the landlocked Himalayan nation, officials said on Monday.

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South Africa's Gordhan ordered home from London ahead of Gupta court case

JOHANNESBURG Finance Minister Pravin Gordhan is set to return to South Africa early on Tuesday after being ordered home from London by President Jacob Zuma, hours before a court hearing over the closure of accounts belonging to friends of the president.

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Putin critic Navalny jailed after protests across Russia

MOSCOW Kremlin critic Alexei Navalny was handed a 15-day jail sentence on Monday for his part in a big anti-government protest in Moscow which buoyed the liberal opposition's morale a year before a presidential election. | Video

Four militants killed as Bangladesh troops storm hideout

DHAKA Bangladesh army commandos have killed four Islamist militants in the northeastern city of Sylhet during a raid on a building where they were holed up amid local residents, a senior army official said on Monday.

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Trump son-in-law met executives of sanctioned Russian bank; will testify

MOSCOW/WASHINGTON A Russian bank under Western economic sanctions over Russia's incursion into Ukraine disclosed on Monday that its executives had met Jared Kushner, President Donald Trump's son-in-law and a top White House adviser, during the 2016 election campaign.

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Ravindra Jadeja passing the test on 'auto-mode'

DHARAMSALA, India Ravindra Jadeja has endured constant doubts about his test credentials but the flamboyant all-rounder is convinced he belongs in the longest format of the game after putting India on the verge of a series victory against Australia on Monday.

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Live Coverage of Davos 2017

Live video and breaking news from the annual World Economic Forum in Davos, Switzerland.  Follow 

Slideshow

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Who's at Davos?

The movers and shakers at the World Economic Forum.  Full Coverage