World Economic Forum

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It took 18 hours, a Lyft, two planes, three cross-country train rides, and a drive in a Volvo sports utility vehicle to get from midtown Manhattan to an apartment on Scalettastrasse, a snow-lined street in the heart of Davos.

The small Swiss Alpine town is again playing host to the World Economic Forum (WEF), where the world’s top brass in finance and politics convene each year to try to solve the biggest problems that plague our planet.

By andygorel, 8 September, 2023
Notable fact checking coverage across the spectrum this week delved into claims about President Biden’s often-told stories, liberal media's lopsided fact checking of Trump’s presidency, and Klaus Schwab’s alleged links to a European banking dynasty.

The World Economic Forum’s annual meeting began in Davos with corporate executives and economists warning a global recession is likely this year.

Of 4,410 business leaders surveyed by PricewaterhouseCoopers LLP in October and November last year, 73% predicted global growth to decline over the coming 12 months. The reading was the worst since the consulting firm began polling in 2011. Two out of five even expressed concern their companies may not last a decade. 

There’s a hangover happening in Davos even though the party hasn’t yet started. The World Economic Forum’s annual winter shindig in the Swiss mountain resort, which kicks off on Monday, marks a return for glitzy parties and high-minded debates following a three-year hiatus. A record number of business leaders are set to make the trip, and the passage of commercial, private and government aircraft through Zurich’s airport suggests overall attendees are at pre-Covid-19 levels. Yet the direction for the future – and those who will lead it – is more clouded than ever.

Sen. Joe Manchin (D-WV) is among the U.S. delegation making its way to Davos, Switzerland, for the annual World Economic Forum.

The meeting of dozens of heads of state and hundreds of government ministers has the theme "Cooperation in a Fragmented World," stressing working together as reduced economic development affects countries amid the coronavirus pandemic and war in Ukraine.

In early 2020, the world counted 2,095 billionaires. Today—two years, half-a-billion covid cases, and at least 6 million covid deaths later—there are 2,668.

One of the biggest global crises in modern history was a boon for some, creating 573 new billionaires—or one every 30 hours—according to Oxfam’s newest report on inequality, presented today at the World Economic Forum in Davos (pdf).

This will be your future if some powerful people at the World Economic Forum get their way: you'll own nothing and "be happy about it."

Energy will be green, rationed, and expensive, and travel will be restricted.

Your diet will be controlled, and currency will be digital.

This left-wing dystopian dream is called the Great Reset, and you're supposed to be excited about it.

“The annual meeting of the World Economic Forum (WEF) kicked off on Tuesday in the ski town of Davos
 Greta Thunberg and U.S. President Donald Trump dominated as they both attempted to frame arguments around climate change
 Trump backed a tree planting initiative and dismissed the ‘perennial prophets of doom’ on climate change.’” (Reuters)

The left applauds the focus on climate change and economic inequality, but worries that attendees will not match their words with actions.

The right accuses Davos attendees of hypocrisy and criticizes Thunberg’s policy suggestions.

US President Donald Trump has decried climate "prophets of doom" in a speech at the World Economic Forum in Davos, where sustainability is the main theme.

He called for a rejection of "predictions of the apocalypse" and said America would defend its economy.

Mr Trump did not directly name the teenage climate activist Greta Thunberg, who was in the audience.

Later, she excoriated political leaders, saying the world "in case you hadn't noticed, is currently on fire".