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Geopolitical Stability, Inclusive Growth, Energy Security Under Spotlight in Riyadh at World Economic Forum Special Meeting

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Geopolitical Stability, Inclusive Growth, Energy Security Under Spotlight in Riyadh at World Economic Forum Special Meeting
News

News

Geopolitical Stability, Inclusive Growth, Energy Security Under Spotlight in Riyadh at World Economic Forum Special Meeting

2024-04-29 13:47 Last Updated At:14:01

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Apr 29, 2024--

Riyadh convened global leaders today at the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development to host candid dialogues and outline bold steps to tackle the most pressing geopolitical, social and economic challenges facing humanity.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240428317713/en/

Speaking at the Special Meeting, His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al Saud, Minister of Energy for Saudi Arabia, said a just and equitable energy transition will only be achieved by using a range of energy sources to diversify the global energy market. Access to secure and reliable energy, he said, is crucial to enabling people and communities from emerging nations to achieve meaningful economic development.

In a session on ‘North to South, East to West: Rebuilding Trust,’ His Highness Prince Faisal bin Farhan Al Saud, Saudi Arabia’s Minister of Foreign Affairs, led a discussion on addressing critical challenges through cooperation, speaking of the need to solve the humanitarian crisis in Gaza through “a real commitment to a two-state solution that is a credible, irreversible path to a Palestinian state.”

At the first WEF Open Forum to be hosted outside of Davos, Her Royal Highness Reema Bandar Al-Saud, Saudi Arabia’s Ambassador to the United States, reflected on the Kingdom’s cultural awakening, saying, “Right now, what you’re watching is a renaissance of this country falling in love with its heritage.”

Reflecting on the progress of Saudi Vision 2030, His Excellency Adel Aljubeir, Minister of State for Foreign Affairs of Saudi Arabia, said: “We want to build a country that is diversified, that is inclusive, that is based on technology, that competes in the world and that is part of the global trading system.

At the start of the first day of the Special Meeting, His Excellency the Saudi Minister of Finance, His Excellency Mohammed Aljadaan, said that for long-term planning, countries need to be agile in dealing with economic challenges by making adjustments depending on circumstance.

Meanwhile, His Excellency Abdullah Alswaha, Saudi Arabia’s Minister of Communications and Information Technology, discussed the link between artificial intelligence and economic growth, stating, “We are not at a tipping point, but a turning point in humanity,” while highlighting how Saudi Arabia is doubling down on AI diffusion across multiple sectors.

His Excellency Ahmed Al-Khateeb, Saudi’s Minister of Tourism, said, “In just five years, Saudi Arabia's tourism sector has nearly doubled, growing from $35 billion to $66 billion, with our sights set on reaching $80 billion this year.”

Welcoming delegates to the two-day event, His Excellency Faisal Alibrahim, Saudi’s Minister of Economy and Planning, welcomed global leaders to the “global growth platform” that Saudi Arabia has become under Saudi Vision 2030, and stressed the importance of building a more inclusive global economy “where every nation has the chance to thrive, regardless of its wealth or status.”

*Source: AETOSWire

His Excellency Faisal Alibrahim, Saudi Minister of Economy and Planning, welcomes global leaders to Riyadh for the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development. (Photo: AETOSWire)

His Excellency Faisal Alibrahim, Saudi Minister of Economy and Planning, welcomes global leaders to Riyadh for the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development. (Photo: AETOSWire)

DENVER (AP) — Anthony Edwards was seeing double everywhere he turned. All by design as the Denver Nuggets doubled the attention on Minnesota's standout guard.

It was yet another wrinkle for the Nuggets, who held Edwards to 18 points — 15 below his average in this series — in their 112-97 win over the Timberwolves on Tuesday night in Game 5.

“We knew we had to do something different with Anthony Edwards. That guy is just a one-man wrecking crew,” Nuggets coach Michael Malone said. “We trapped him. We double-teamed him. We flew around behind him.”

They exhausted him, too.

Because in addition to feeling the constant pressure to carry the offensive load, Edwards was applying the pressure on defense in an effort to make things difficult for Nuggets guard Jamal Murray.

“Getting in the best shape of my life,” cracked Edwards, whose team has dropped three in a row in the series. “So it’s fun.”

The Nuggets dared anyone not named Edwards to beat them as they took a 3-2 lead in the second-round series with a chance to close out the Timberwolves on Thursday night in Minneapolis. The strategy worked, in part, because Anthony had fewer clear looks at the basket. The Timberwolves were also missing Mike Conley, who was ruled out before the game with soreness in his right Achilles.

“They’re just playing better than us right now,” Edwards said. “They’re playing harder than us. They’re getting all the loose balls. Everything's going their way. They've got the momentum, man. We’ve got to figure out a way to shift it back our way.”

Karl-Anthony Towns had a solid night despite appearing to tweak his left knee in the first half, finishing with 23 points. Rudy Gobert, too, who had 18 points and 11 rebounds. But by keeping Edwards in check on 5-of-15 shooting, the Nuggets limited the damage and built a lead that stretched to as many as 18 points.

With so much attention surrounding him, Edwards resorted to passing and finished with a team-high nine assists. But it was his instant offense the Timberwolves were in desperate need of late in the game. He had four points in the fourth quarter.

“We’ve got to do a better job making it easier for him,” Towns said of Edwards. “It’s about executing at a higher level. The guys in the other locker room here are executing at a championship level in these last three games. They’ve shown when you’re executing at that level what the results will be.”

So dominant on defense in the first two games, winning two in a row in Denver by keeping the Nuggets under 100 points, the Timberwolves have found it tougher to contain the connected Nuggets ever since. Denver has averaged 114.7 points over its last three games.

“Their guys are making shots,” Edwards said.

Especially three-time NBA MVP Nikola Jokic, who had 40 points on 15-of-22 shooting. He also had 13 assists and no turnovers.

“He’s the best player in NBA,” Edwards said. "He was special tonight. I’ve got to give him his flowers. He was that guy tonight.”

AP NBA: https://apnews.com/hub/NBA

Denver Nuggets guard Jamal Murray, front, looks to drive to the basket as Minnesota Timberwolves guard Anthony Edwards defends during the second half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Denver Nuggets guard Jamal Murray, front, looks to drive to the basket as Minnesota Timberwolves guard Anthony Edwards defends during the second half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Minnesota Timberwolves guard Anthony Edwards, right, collects the ball while fending off Denver Nuggets guard Kentavious Caldwell-Pope during the first half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Minnesota Timberwolves guard Anthony Edwards, right, collects the ball while fending off Denver Nuggets guard Kentavious Caldwell-Pope during the first half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Denver Nuggets forward Michael Porter Jr., front, is defended by Minnesota Timberwolves guard Anthony Edwards during the first half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Denver Nuggets forward Michael Porter Jr., front, is defended by Minnesota Timberwolves guard Anthony Edwards during the first half of Game 5 of an NBA basketball second-round playoff series Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Minnesota Timberwolves guard Anthony Edwards, front, and coach Chris Finch sit on the bench during a timeout late in the second half of Game 5 of the team's NBA basketball second-round playoff series against the Denver Nuggets on Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

Minnesota Timberwolves guard Anthony Edwards, front, and coach Chris Finch sit on the bench during a timeout late in the second half of Game 5 of the team's NBA basketball second-round playoff series against the Denver Nuggets on Tuesday, May 14, 2024, in Denver (AP Photo/David Zalubowski)

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