Every year in late January, the World Economic Forum hosts a forum in Davos, Switzerland that brings together top business and political leaders from around the world. This year’s theme is “Creating a Shared Future in a Fractured World.”
Davos has excited its share of resentment as a symbol of globalization and elitism. Steve Bannon once said, “The working men and women in the world … are just tired of being dictated to by what we call the ‘party of Davos.'”
If all proceeds as planned, U.S. President Donald Trump will speak at Davos today, Thursday. This is the first time a POTUS has attended the event since 2000.
The Thing to Know:
Some consider Trump’s trip to Davos a sign of a shift in White House policy. Following upon the recent departure of above quoted Steve Bannon as a key aide it displays the rise of more globalist advisers such as Gary Cohn and Jared Kushner.