World Economic Forum

WEF eyes Lagarde as chair as early as November, sources say

The World Economic Forum could appoint European Central Bank President Christine Lagarde as its next chair as soon as next month. Four people close to the organization told Reuters that the move would mean she leaves the ECB early and…

ECB staff demand Lagarde clarify her future amid exit speculation

The European Central Bank's staff committee has written to the institution's Executive Board demanding that President Christine Lagarde clarify whether she intends to leave before her term expires in October 2027, warning that prolonged uncertainty risks undermining trust in the…

WEF warns East-West decoupling could cost $6.9T in GDP

The World Economic Forum has warned that a full economic decoupling between Eastern and Western blocs could wipe out as much as $6.9 trillion from global GDP, an amount larger than every economy in the world except the United States…

WEF warns energy transition is fragmenting despite record $3.3T in investment

The energy price shock triggered by the US-Iran conflict and the near-total closure of the Strait of Hormuz is reshaping energy decisions from British rooftops to international climate negotiations, with consumers, governments, and investors all moving more aggressively toward renewables…

WEF finds global energy transition readiness fell for first time in a decade

The global energy transition has stalled despite record investment, with transition readiness declining for the first time in more than a decade, according to the World Economic Forum's Energy Transition Index 2026 released on Wednesday.