Story perspectives

Davos 2023: CEOs Gather Amid Schwab's Exit and Trump's Controversies

1/21/2026

Summary

Story summary

The World Economic Forum's annual meeting in Davos begins with 3,000 participants, including 850 CEOs from 130 countries.
Klaus Schwab, founder of the World Economic Forum, retires after a whistleblower report and an independent investigation.
U.S. President Donald Trump attends for the third time, with allies expressing concerns about his aims in Greenland and Venezuela's oil.
The event aims to foster dialogue and deal-making among corporate executives, academics, and philanthropists.

History

Historical Context

Founded by Klaus Schwab in 1971, the World Economic Forum (WEF) aimed to enhance global economic cooperation. With over 3,000 participants, including 850 CEOs, the WEF addresses pressing issues like geopolitical strategies, echoing discussions from the 1973 oil crisis. These dialogues continue to influence international relations and economic policies, highlighting the necessity for collaboration in tackling global challenges.

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Story summary

The World Economic Forum's annual meeting in Davos begins with 3,000 participants, including 850 CEOs from 130 countries.
Klaus Schwab, founder of the World Economic Forum, retires after a whistleblower report and an independent investigation.
U.S. President Donald Trump attends for the third time, with allies expressing concerns about his aims in Greenland and Venezuela's oil.
The event aims to foster dialogue and deal-making among corporate executives, academics, and philanthropists.

1 / 2