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At Davos 2023, IMF’s Georgieva urges monetary authorities to ‘stay put' despite optimism  
Speaking at Davos 2023, IMF boss Kristalina Georgieva urged financial authorities to remain realistic about the coming year.    
WEF by the numbers: highlights  
Handshakes were back in full force at the 2023 edition of the World Economic Forum. So much so that the Congress Centre’s lost and found team was left drowning in misplaced gloves.    
Switzerland pledges CHF68 million to UN refugee agency  
The funds decided by the government cover Switzerland’s contribution to the UN High Commissioner for Refugees (UNHCR) for 2023-2024.    
Swiss cabinet agrees on new distribution of roles in reshuffle  
The Swiss government agreed to make newcomer Elisabeth Baume-Schneider from the centre-left Social Democrats the country’s new justice minister. The other new face, Albert Rösti of the rightwing People’s Party, will take charge of the department of the environment, transport, energy and communications.    
New Swiss government ministers elected to office  
Switzerland's parliament has appointed two new ministers to replace outgoing members of the country’s seven-member government.    
Switzerland approves Novavax’s Covid vaccine for 12-18 year olds  
Swiss medical regulator Swissmedic has approved Novavax’s Nuvaxovid Covid-19 vaccine for children aged 12-18 years. The greenlight has also been given for its use as a booster for adults, ahead of an anticipated rise in infections this winter.    
Credit Suisse reportedly slashing 5,000 jobs globally  
Embattled Swiss bank Credit Suisse is planning to cut around 10% of its workforce as part of a major cost cutting drive, according to several media reports.