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A vibe shift at Davos

The World Economic Forum has always tried to position itself as an exercise for bettering the world. Trump’s comeback raises questions about its direction.

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While many CEOs once distanced themselves from Trump, they are now embracing him.

The World Economic Forum has, in recent years, been a platform for making the kinds of corporate promises that President-elect Donald Trump has railed against, including commitments to ESG and globalism.

PHOTO: REUTERS

Lauren Hirsch and Andrew Ross Sorkin

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Mr Dara Khosrowshahi, Uber’s chief executive, will soon be making his way to Washington, where the company is planning to host its first-ever inauguration party, along with social media platform X and The Free Press.

Days later, Mr Khosrowshahi is expected to travel to Davos, Switzerland, for the 54th World Economic Forum – an event that has, in recent years, been a platform for making exactly the kinds of corporate promises that US President-elect Donald Trump has railed against, including commitments to environmental, social and governance (ESG); diversity, equity and inclusion (DEI); and globalism.

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