Austrian businessman Peter Brabeck-Letmathe has been appointed interim chairman of the World Economic Forum, succeeding Klaus Schwab amid ongoing investigations into Schwab’s financial and ethical conduct. Brabeck-Letmathe, known for his long tenure at Nestlé where he held various leadership roles including CEO and Chairman, has faced scrutiny for past controversial comments on water usage. In addition to his Nestlé career, he has held significant positions with organizations such as Roche and Credit Suisse, and founded the 2030 Water Resources Group, emphasizing his influence in global business and resource management.
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Slim majority of Canadians found reduced immigration levels still too high: government polling
Immigration Sentiment in Canada Following a federal decision to reduce immigration targets from 485,000 to 395,000 permanent residents in 2025, a government survey revealed that 54% of Canadians believe the current immigration levels are too high. As public sentiment shifts towards concerns over housing affordability and social support availability, the government is reassessing future immigration strategies, acknowledging the need for a balance between attracting talent and maintaining system integrity. Need More Context? 🔎
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