Saturday, January 13, 2024

World Economic Forum Meets – Fearful of Trump Impact on Their World



The world’s largest multinational corporations, bankers and finance agents are meeting in Davos at the World Economic Forum next week – gathering together with their political beneficiaries. However, as noted by Reuters, the biggest concern of the assembly of global influencers is the risk that Donald J. Trump represents.

….There are trillions at stake.

Ending the Ukraine war would be detrimental to the group; this is one of the immediate concerns they carry. President Trump negotiating a peaceful resolution to the Ukraine (or Israel/Hamas) conflict is against the interests of the multinationals.

Downstream issues around the elimination of the climate change agenda, the Trump impediment to the creation of central bank digital currencies, the rise of nationalism as a protective measure against the growing impact of global corporations, and the Trump opposition to globalist institutions like the World Health Organization, World Trade Organization or Western World Bank are also discussion topics.

In essence, the World Economic Forum fears Donald J. Trump. Ironically, and yet not coincidentally, the theme of the WEF gathering this year is “rebuilding trust.” However, fear of the non-pretending is what this Reuters article is describing.

REUTERS – The most talked-about person in Davos next week will be nowhere near the Swiss mountain resort. As politicians, financiers and chief executives converge for this year’s World Economic Forum, Donald Trump will be 7,500 kilometres away in Iowa, starting his quest to win the U.S. Republican Party’s presidential nomination for the third time. Even so, his possible return to the White House will pervade Davos discussions on topics ranging from Ukraine, China, trade, and climate change.

Trump is not the only prominent political figure absent from the gathering, whose official theme is “Rebuilding Trust”. Previous attendees such as Indian Prime Minister Narendra Modi are also giving the event a pass, perhaps with an eye on upcoming elections at home. British Prime Minister Rishi Sunak, who is due to face the voters in the coming 12 months, is another no-show.

The 2,800 business and political leaders who have made the trip will instead hear from Chinese Premier Li Qiang, French President Emmanuel Macron, and newly elected Argentinian President Javier Milei. Secretary of State Antony Blinken and Jake Sullivan, the White House national security adviser, will represent President Joe Biden’s government. Yet the spectre of a second Trump administration will loom over many of the panels, bilateral discussions and drinks parties during the week.

Take Ukraine, whose President Volodymyr Zelenskiy is due to address attendees on Tuesday. European diplomats fear a re-elected Trump would cut off American aid supporting the country’s war with Russia and that he may follow through on previous threats to withdraw from the NATO alliance. Any longer-term decisions about providing financial support for rebuilding Ukraine or what to do with frozen Russian financial assets will also hinge on who ends up in the White House. (read more)