Skip to content
Search

Latest Stories

Economy

Davos Dispatch Day 4: 3 takeaways & 3 things to watch

United Nations Secretary-General Antonio Guterres speaks during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2025.

United Nations Secretary-General Antonio Guterres speaks during the 55th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2025.

REUTERS/Yves Herman

GZERO’s very own Tony Maciulis is in the Alps all week to report from the 55th World Economic Forum in Davos, Switzerland.

_______

I learned today there’s a guided meditation session each morning in the Congress Centre, the main hub of activity for WEF programming. I’d drop by, but I’m afraid it would make me nervous. I’m sticking to the coffee bar in the UAE Pavilion on the Promenade where I tried my first qahwa, an Arabic coffee, this week, flavored with rosewater and cardamom. The United Arab Emirates has a big presence here this year, with a delegation of at least 100 from the government and private sector, promoting its investments in AI innovation. And the UN Secretary-General António Guterres also had a big presence today--telling Davos participants that we're living in a "rudderless world," despite the Forum's theme of "collaboration."


Three highlights from Wednesday:

  1. Spain’s Prime Minister Pedro Sánchez said “sí” to continued support for multilateral public health efforts, an obvious rebuttal to President Donald Trump’s order that the US withdraw from the World Health Organization. But he devoted much of his appearance to a critique of social media, which he says has oversimplified and polarized public debate.
  2. Apparently, Iran isn’t a security threat. Well, at least that’s what its Vice President for Strategic Affairs Javad Zarif told the Davos crowd, saying that if Iran wanted a nuclear weapon the country would have one by now. He also said of Gaza, “Hamas is still there,” and that Israeli PM Benjamin Netanyahu did not achieve his goal.
  3. The world may be in the middle of a “masculine wave,” as fashion icon Diane von Furstenberg told me in Davos this week, and, yes, President Trump did issue an executive order essentially ending Diversity, Equity, and Inclusion initiatives in federal government, but gender parity was on the agenda in Davos. A panel including government ministers from Congo and Mexico and the head of Europol, notably a woman, tackled the reasons why women make up just 15% of heads of state and 33% of parliamentarians globally. (Note: In 2024, only 28% of WEF participants were women. Just sayin’.)

And three things to watch today:

    1. Trump, of course. He joins the Forum via video conference at 5 p.m. local time (11 a.m. ET) here in Davos for a session introduced by WEF founder Klaus Schwab and facilitated by the organization’s President and CEO Børge Brende. I’ll be in the Congress Centre for it and will report on reactions from Davos participants.
    2. We’ll also hear from Argentina’s President Javier Milei who is continuing his first international trip of 2025. His trip to Davos follows his appearance at President Trump’s inauguration in Washington, DC, where it was actually colder than it is here in the Alps right now.
    3. Also be on the lookout for appearances by members of the US delegation. Tomorrow WEF features a discussion with US Governors Sarah Huckabee Sanders of Arkansas and Andy Beshear of Kentucky.

    More For You

    Local to global: The power of small business | Episode 4: Cyber resilience for small enterprises | Presented by GZERO Blue Circle in partnership with Mastercard | GZERO x Mastercard logos
    In this episode of Local to global: The power of small business, host JJ Ramberg sits down with Shamina Singh, Founder & President of the Mastercard Center for Inclusive Growth, and Brian Cute, Interim CEO and Director of Capacity & Resilience at the Global Cyber Alliance, to explore what Southeast Asia’s fast-growing digital economy reveals about [...]
    The world economy is resilient, despite tariffs
    - YouTube
    Despite ongoing trade wars, geopolitical shocks, and global uncertainty, the International Monetary Fund recently upgraded its global growth outlook for 2026. On the sidelines of the World Economic Forum in Davos, Ian Bremmer presses IMF Managing Director Kristalina Georgieva on the decision to upgrade the forecast, especially for the eurozone–a [...]
    Trump targets Fed chair
    - YouTube
    In this “ask ian,” Ian Bremmer responds to the US investigation into Federal Reserve Chair Jerome Powell and why it matters far beyond interest rates. [...]
    ​The Gen Z group led by Miraj Dhungana escalates their ongoing demonstrations in Kathmandu, Nepal, on Nov. 26, 2025.

    The Gen Z group led by Miraj Dhungana escalates their ongoing demonstrations, confronting police outside the prime minister's official residence in Kathmandu, Nepal, on Nov. 26, 2025.

    Sanjit Pariyar/NurPhoto
    Youth unemployment is making headlines from China to Canada, with many countries’ rates at historic highs. While the global youth unemployment rate for 2025 is projected to be slightly lower than that of 2020, at 12.8%, regional disparities abound. In developed countries, four in five workers aged 24-29 have a regular paid job, but in developing [...]