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Jack Lew

The Latest: US drops rivalry to multilateral Argentine loans

The latest developments from the World Economic Forum's annual meeting in Davos, Switzerland, where top executives and world leaders are gathered this week. All times local.

10:55 p.m.

Philanthropist George Soros says he believes Republican U.S. presidential candidate Donald Trump doesn't have "any chance of being elected."

Soros, who was speaking at the World Economic Forum at Davos, said Trump is doing the work of the Islamic State group by "fear mongering."

Soros said the popularity of Trump will lead to a "landslide" for Democratic candidate Hillary Clinton, saying she is "campaigning for the general elections and the...