Europe readies riposte to Donald Trump’s “America First” push in Davos
The forum will open on Tuesday with a speech by India's Prime Minister Narendra Modi and end on Friday, when Trump is due to address the massive auditorium where Chinese President Xi Jinping spoke last year, offering to fill the global leadership void created by an inward-looking Washington
US President Donald Trump (Reuters)
European leaders will be out in force at the World Economic Forum in Davos this week to defend multilateralism before US President Donald Trump arrives to deliver his “America First” message. Politicians, business chiefs, bankers and celebrities will meet in the Swiss Alps under the banner “Creating a Shared Future in a Fractured World” for the four-day gathering against an unsettling global backdrop.
A decade after the bankruptcy of US investment bank Lehman Brothers helped trigger a global financial crisis, economic growth has returned and stock markets are hitting record highs. Yet there is a nagging fear among many in Davos that the brighter economic outlook could turn out to be little more than a mirage if the daunting array of geopolitical threats – from protectionism and climate change to cyber attacks and outright war – gather pace in 2018.
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