The United States wants the United Nations to raise funding for refugees this year by 30 per cent to $13 billion and says it will ask for the extra cash at a summit to be hosted by President Barack Obama in September.

Pakistan is the best place to invest in given its geographical location and lands full of natural resources, said Prime Minister Nawaz Sharif today.

"Unbelievable", "embarrassing" even "dangerous" are some of the words the financial elite gathered at the World Economic Forum conference in the Swiss resort of Davos have been using to describe US Republican presidential frontrunner Donald Trump.