Donald Trump is sworn in as the 47th US president and the WEF in Davos
Jan 20, 2025
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Carlotta Rebelo, Monocle's senior foreign correspondent, reports from Davos as leaders gather for the World Economic Forum, setting the stage for a pivotal discussion on global trends. Chris Cermak covers the atmosphere in Washington as Donald Trump is inaugurated as the 47th president. Patti Cohen provides insights into the economic implications of Trump's presidency for Europe, while Vincent McAviney analyzes political divides in the U.S. The conversation also touches on the curious rise of astrology among younger generations seeking comfort in uncertain times.
The World Economic Forum in Davos highlights the importance of collaboration among industry leaders to address global uncertainties through technology advancements like AI.
Donald Trump's inauguration marks a political shift with mixed reactions in Europe, raising concerns about international relations and the stability of alliances under his presidency.
Deep dives
World Economic Forum Atmosphere
The World Economic Forum in Davos is notable for its relatively quiet atmosphere on the first day, with only preliminary events occurring before the official program begins. This year, the weather is milder compared to past editions, providing easier access for attendees. The buzz surrounding the upcoming discussions is palpable, with a significant focus on collaboration in the context of new technologies like AI. As global uncertainties mount, the forum seeks to engage industry leaders, particularly from the technology sector, to explore how to harness advancements for economic and social resilience.
Trump's Inauguration Impact
The inauguration of Donald Trump has dominated conversations at Davos, overshadowing the forum's opening events. Attendees and many supporters gathered at informal watch parties to celebrate the occasion, highlighting a stark divide in the political atmosphere. Trump's speech was characterized by confidence and a clear agenda, emphasizing a transformative vision that starkly contrasts with the previous administration. His remarks elicited strong reactions from supporters, focusing on immigration, economic policies, and a commitment to what he framed as America's resurgence.
Global Reactions to Trump's Policies
Trump's inauguration was met with mixed reactions, particularly in Europe, where there are concerns about shifts in international relations and foreign policy. Insights shared during the discussions reveal that while Trump may be unpopular among certain groups, he resonates positively with many global leaders and business executives. The apprehension about U.S. support for NATO and Ukraine reflects a broader unease regarding the stability of alliances under Trump's administration. Policy changes, especially regarding immigration and trade, are expected to unfold rapidly, as his government pushes to enact significant alterations from the previous administration’s stance.
Shifting Dynamics in Media and Misinformation
The discussion around media dynamics reveals growing concerns about misinformation and its impact on public discourse and perception. The presence of influential tech leaders at the inauguration underscores the intertwined relationship between politics and technology in shaping reality. Despite acknowledging the potential harm of misinformation, the prompt delivery of factually incorrect statements by political leaders seems to go unchallenged, raising questions about accountability. As the role of social media and prominent figures in spreading distorted narratives continues to grow, the implications for democracy and informed citizenry are increasingly urgent.
Our senior foreign correspondent, Carlota Rebelo, gives us the latest on the World Economic Forum’s annual meeting in Davos. Also in the programme: Chris Cermak checks in from Washington as Donald Trump is sworn in as the 47th US president. Vincent McAviney and Patti Cohen discuss how Europe is bracing for a second Trump presidency and how attitudes towards crime in the UK are changing. Plus, we ask why younger generations are turning to astrology.