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Headline Roundup January 19th, 2024

Davos Elites Expect Second Trump Term, Consider Implications

Summary from the AllSides News Team

Former President Donald Trump was reportedly a hot topic of conversation among business and political leaders this week at the World Economic Forum in Davos, Switzerland.

The Details: Reports often differed in characterizing Davos attendees’ attitudes; CNN (Lean Left bias) said European leaders “dread” Trump’s possible return, and CNBC (Center bias) said U.S. business leaders see “no cause for concern.” Ukrainian President Volodymyr Zelenskyy critiqued Trump’s comments on Ukraine aid in a Q and A. Many attendees told news outlets they expected Trump to win the 2024 election; however, Open Society Foundations Chairman Alex Soros said, “That’s a good thing, because the Davos consensus is always wrong.” Meanwhile, Heritage Foundation President Kevin Roberts told the gathered elites they were “part of the problem.” 

For Context: Trump had a particularly contentious relationship with Western foreign leaders during his presidency; those same leaders are now grappling with the possibility of his return. On January 10, European Commission President Ursula von der Leyen said Trump told her in 2020 that the U.S. would “never” defend Europe if it was attacked.

How the Media Covered It: Coverage of the economic conference was naturally most common in business outlets, with CNBC and Bloomberg (Lean Left bias) publishing several articles on Trump discussions at Davos. Sensationalism was common; some outlets like Politico (Lean Left bias) described Trump as a “ghost” haunting the conference. Many right-rated outlets focused solely on Roberts’ speech and criticized elites for being too liberal.

Featured Coverage of this Story

From the Left
A Consensus Emerges at Davos: Trump Will Win Re-Election
A Consensus Emerges at Davos: Trump Will Win Re-Election

Denis Balibouse/Reuters

Analysis

Publicly, the global business leaders who gathered at the World Economic Forum in Davos, Switzerland, haven’t wanted to predict the winner of the upcoming U.S. presidential election. The closest they’ve come? Referring to it as a “geopolitical risk.”

But talk to executives privately, and they’re more explicit: They expect Donald Trump to win and while many are worried about that, they are also resigned to it.

The predictions of a Trump victory came in different forms. Many pointed to the headlines and the mood in the U.S. One senior banker told...

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From the Right
Heritage Foundation head defends Trump, scolds 'elites' at World Economic Forum: 'You're part of the problem'
Heritage Foundation head defends Trump, scolds 'elites' at World Economic Forum: 'You're part of the problem'

Tom Williams/Getty / Getty Images

News

The president of the Heritage Foundation confronted hosts at the World Economic Forum Thursday in Davos, Switzerland, challenging claims that the WEF is protecting democracy and calling so-called elites "part of the problem."

Heritage Foundation President Kevin Roberts spoke out from Davos, where he had been invited to speak on a panel at the World Economic Forum. Roberts told reporters after his speech that he was somewhat shocked to have received an invitation to the annual meeting of world leaders and globalist figures, but said he cherished the opportunity to give voice...

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From the Center
Trump May Not Be In Davos But He Haunts CEOs, Leaders
News

A ghost of elections past in the form of ex-president Donald Trump haunted the annual schmoozefest of the world's political and business elites in Davos.

While the American reality television star-turned-politician was on the other side of the Atlantic, the biggest names in business, finance and politics at the Swiss Alpine resort could not escape him after he stormed to victory on Monday in the Iowa caucuses.

Trump is the frontrunner to be the Republican nominee for the November election, and that would mean a repeat of the race between...

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