Leaders at the World Economic Forum urged countries and businesses to filter out the turmoil from a week of clashes with the Trump administration and focus on boosting growth and fighting inequality.
The global economy is showing unexpected resilience despite the noise, European Central Bank head Christine Lagarde, International Monetary Fund head Kristalina Georgieva and World Trade Organization head Ngozi Okonjo-Iweala said during a discussion at Davos.
But while growth is holding up, troubles like worrisome levels of government debt and inequality loom.
That resilience is holding up despite disruptions from U.S. trade policy under President Donald Trump, who threatened to impose tariffs on countries supporting Greenland against a U.S. takeover bid, then withdrew the tariff proposal.
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Vance to visit Armenia and Azerbaijan
Trump announced on social media that he is sending the vice president to both Armenia and Azerbaijan in February to further efforts from a deal they signed at a White House peace summit in August aimed at ending decades of conflict.
Vance is also scheduled to go to Italy in February as part of the U.S. delegation to the Winter Olympics.