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Heavy snow humbles the global elite at Davos summit

DAVOS, Switzerland: The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year’s Davos summit of political and business leaders: heavy snow is burying the venue. High in the Swiss alps on…

Global alarm as Trump mulls fateful Jerusalem move

NEW YORK: World leaders on Tuesday warned US President Donald Trump he risked inflaming the Muslim world and jeopardising peace efforts if he recognised Jerusalem as Israel's capital and moved the US embassy there. "Mr Trump! Jerusalem…

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment to getting global economic growth back to normal, the International Monetary Fund said Wednesday. The easy money policies of the world's…