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Davos: IKEA prices to fall despite Red Sea disruptions, says CEO Jesper Brodin

Global commerce has been affected by Houthi militants attacks on ships in Yemen, leading to shipping disruptions and rerouting vessels around the southern tip of Africa, resulting in longer and costlier journeys.

Our world is becoming economically fragmented

Even though globalisation may have peaked, it is far from being wholly reversed, and Western countries need to stop weaponising trade and economic policy. Nations should also lower their trade barriers.

Lets Rebuild A Broken Global Economy Say Davos Leaders-Pranjal Sharma

Pranjal Sharma - The first winter meeting at Davos since 2020, was marked by practical realism. Global leaders from various countries, companies and civil society pledged to rebuild the world, , WEF 2023, Davos 2023

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