New York —The annual World Economic Forum confab known as Davos has always had an optics problem. But Davos 2026 has morphed into a kind of emergency session of the world’s elite to confront two simultaneous, ultimately related threats. If the Davos crowd seemed out of touch before the pandemic, the affordability crisis that helped re-elect Trump has only sharpened the contrast between the people at Davos and everyone else. Davos is an elite gathering trying to shape a world that belongs to everyone.”In classic Davos form, Fink is stating the obvious as if it’s revelatory. “Davos has been wrong, consistently, about where the world is heading,” wrote Semafor senior business editor Liz Hoffman on Tuesday.

Source: Egypt Independent January 21, 2026 10:03 UTC