The current global disunity looks set to dominate discussions at this year’s gathering of politicians and executives in Davos, Switzerland. US President Donald Trump is still scheduled to top the list of speakers there.

WEF Davos 2015 Logo (WEF)

The topic of this year’s World Economic Forum (WEF) meeting in Davos is “Creating a shared future in a fractured world.” The motto is in direct contrast to US President Donald Trump’s “America first” policy which also involves large-scale protectionism and isolationist security policies.

“There is today a real danger of a collapse of our global systems,” said WEF founder Klaus Schwab. “But change is not just happening — it’s in our hands to improve the state of the world and that is what the World Economic Forum stands for.”

“What we know is that what we lack is cooperation,” the forum’s president, Borge Brende, told reporters, adding that the gathering of 70 heads of state and government as well as key figures from the world of business may make a vital contribution toward overcoming current obstacles in global trade and elsewhere.

Watch video02:13

Cyberattacks, drought, natural disasters among biggest global risks

“We will practically have a European summit in Davos; we will have 40 heads of state and government coming from Europe and Eurasia,” Brende said, noting that “all the Bretton Woods heads and UN Secretary General Antonio Guterres” would also attend the meeting starting Monday night.

Controversial debates expected

Donald Trump is still scheduled to address the Davos audience on Friday, the last day of the gathering, although White House Budget Director Mick Mulvaney said the trip was up in the air because of the federal government shutdown in the United States. Since taking office a year ago, Trump has done little to support the globalization and regulatory integration philosophy so popular among the usual Davos crowd.

Two days earlier and hence not crossing paths with the US president, German Chancellor Angela Merkel is to give a speech on European affairs in Davos.

“Germany is, politically and economically, an important member of the European Union and very engaged in the political debate about Europe’s future development,” said German Government Spokesman Steffen Seibert. “That is why Angela Merkel has chosen to express her views on Europe at Davos.”

Women underepresented at WEF

Merkel will speak the same day as French President Emmanuel Macron, who has proposed a raft of ambitious EU reforms.

In a new development, world leaders at Davos will be meeting under an all-female co-chair team, made up of IMF chief Christine Lagarde, Norwegian Prime Minister Erna Solberg and IBM’s CEO Ginni Rometty.

The altogether seven female co-chairs had been announced in the face of criticism that the conference had in the past lacked female representation.

hg/jd (AFP, Reuters, dpa)

COURTESY: DW

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s