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Tag Archives: wef 2020

Davos 2020: Refinitiv Establishes Alliance to Monitor Sustainable Finance

As it has become known at the World Economic Forum (WEF) in Davos, the top organizations of the planet will join Refinitiv’s alliance to be able to research and edit the investment markets. Governments and corporations usually invest using the consensus of decisions of top officials. So basically, investment is a form of art. Now it is time to take a step into the future by turning data gathering into the science.David Craig, Refinitiv CEO, noted:“The need to channel capital towards the UN...

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Ripple Gets Two New Partners as U.S. Treasury Declares Support

All of the products being offered by Ripple regularly are drawing new partners for the blockchain company. Ripple already has an interesting list of companies that currently use different RippleNet products for their core functions. Now, two new partners, including Bottomline Technologies and Tranglo, are joining the Ripple team. In addition to this, the U.S. Treasury might be throwing its back behind the company as well.Bottomline Technologies Partners with RippleAccording to the company’s...

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World’s Richest 22 Men Are Worth Same as 325M Women in Africa, Reveals New Oxfam Report

“Wealth inequality remains shockingly high.” This is the sobering conclusion of Oxfam’s latest report, published on the eve of the World Economic Forum Annual Meeting 2020.The 162 richest people on the planet boast the same wealth as the poorest 50 percent – 3.85 billion – in the world.From Tuesday, January 21, close to 3,000 delegates – including 53 heads of state – from 117 countries, will participate in the WEF summit in Davos-Klosters, Switzerland. According to the website blurb, the WEF...

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Ripple-Backed MoneyGram Partners with Lulu Exchange to Expand in Asian-Pacific Region

Ripple‘s partner MoneyGram, a leading payment provider, has continued to position itself among the leaders in cross-border crypto payments. After its major deal with Ripple for On-Demand Liquidity in 2019 worth $50 million, the company has now announced a new collaboration with Lulu Exchange.The exchange ranks among the most prominent crypto and non-banking finance providers in the United Arab Emirates region. Lulu has its headquarters in Abu Dhabi and operates more than 180 active...

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Ripple CEO Brad Garlinghouse Believes U.S. Will Welcome Company’s Payment Solutions

Ripple Labs is currently involved in a serious legal battle, as we have already reported. However, it doesn’t prevent the company from being rather positive about its future. And there are some grounds for it.The World Economic Forum 2020 kicked-off yesterday, January 21, in Davos, Switzerland. As expected, global leaders met during the first day of the event with the U.S. Treasury Secretary Steven Mnuchin speaking on the transformation of the payments industry.Muchin said that the U.S....

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China Coronavirus Is Killing Global Stock Market and May Lead to Its Serious Correction

It seems that the Asian market went down because of the “health reasons” The number of people who seems to be infected has been tripled during the three days over the weekend. It all started in the province of Wuhan and then went on to the other major cities.The problem is that millions of Chinese people are preparing to travel on January 25 for the Chinese New Year. Be it as it may, newly found China’s coronavirus could disrupt the tourism. The worst thing is that these geopolitical problems...

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WEF 2020: Attendees Want to Get Investment but Don’t Know Where to Put Money

The World Economic Forum (WEF) 2020 is currently taking place in Davos, Switzerland. The WEF is a meeting of some of the most powerful people in the world, as they discuss the global economy and other related issues. As it turns out, according to British investment exec, the major problem among WEF participants in Davos is deciding the best investment channel for their hefty funds.WEF Attendees Are Keen on Investment but Don’t Know What to DoSpeaking to CNBC’s Steve Sedgwick on Monday, the...

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