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What’s "Davos in the Desert" and why does it matter

We take a look at why financiers have flocked to Riyadh for face time with the crown prince.
The annual event informally known as  “Davos in the Desert” is used "as an opportunity to pitch Saudi Arabia as a destination for investment," explained the BBC's Sameer Hashmi.
Giuseppe Cacace/AFP via Getty Images

Congress considering measure to boost U.S. investment in international infrastructure

Sep 4, 2018
At a big investment conference in Beijing Monday, Chinese President Xi Jinping announced his country would pump another $60 billion into investment into Africa infrastructure. Sixty billion is a popular number in the foreign investment arena these days, it seems. Legislation working its way through Congress would combine several agencies to boost U.S. development financing […]