The President of the US formalizes that he will impose tariffs on those who do not want to manufacture in his country. Historic speech by the new President of the United States, Donald Trump, in his remote address to the audience at the World Economic Forum in Davos.

As delegates gathered for champagne at a US stock market hub on the Davos Promenade to watch Donald Trump's inauguration, there was a frisson of excitement.

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.

Spanish Prime Minister Pedro Sánchez is launching a crusade against what he sees as the downsides of 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.

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.”

Social media owners should be held responsible for "poisoning society" and eroding democracy with their algorithms, Spanish Prime Minister Pedro Sanchez told the World Economic Forum in Davos on Wednesday.

Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.

Social media owners should be held responsible for "poisoning society" and eroding democracy with their algorithms, Spanish Prime Minister Pedro Sanchez told the World Economic Forum in Davos on Wednesday.

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,