A photograph shows a sign of the World Economic Forum (WEF) at the Congress centre on the opening day of the World Economic Forum (WEF) annual meeting in Davos on January 16, 2023. - The world's political and business elites gather for the annual Davos summit to promote "cooperation in a fragmented world", with war in Ukraine, the climate crisis and global trade tensions high on the agenda. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)
From left, Dutch Prime Minister Mark Rutte, European Parliament President Roberta Metsola, Irish Taoiseach Micheal Martin, European Central Bank President Christine Lagarde, Slovakian Prime Minister Eduard Heger, and World Economic Forum (WEF) President Borge Brende attend a session at the WEF annual meeting in Davos, Switzerland, on May 25.
The Davos-inspired era of unrestrained globalization is over, and companies should start putting the national interests of their home countries ahead of profits.
An armed security guard stands on the rooftop of a hotel, next to letters covered in snow reading “Davos,” ahead of the opening of the 2018 World Economic Forum in Davos, Switzerland, on Jan. 22, 2018.
U.S. President Donald Trump and China's President Xi Jinping arrive at a state dinner at the Great Hall of the People on Nov. 9, 2017 in Beijing, China. (Thomas Peter/Getty Images)
Brazilian President Jair Bolsonaro and Executive Chairman of the World Economic Forum Klaus Schwab at the World Economic Forum on Jan. 22, 2019 in Davos, Switzerland. (Fabrice Coferini/AFP/Getty Images)
UN Secretary General Antonio Guterres delivers a speech during a session of the World Economic Forum, on January 19, 2017 in Davos. / AFP / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)
US Vice President Joe Biden gestures during his speech at the World Economic Forum (WEF) annual meeting in Davos, on January 20, 2016..
Rising risks to the global economy and a string of jihadist attacks around the world overshadowed the opening of an annual meeting of the rich and powerful in the snow-blanketed Swiss ski resort. Even as heads of state, billionaires and Hollywood megastar Leonardo DiCaprio were arriving, the International Monetary Fund (IMF) sounded the alarm about perils in the major emerging market economies and lowered its outlook for global economic growth this year.
/ AFP / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)
Davos' Congress Centre is seen on the eve of the opening day of the World Economic Forum, on January 16, 2017 in Davos.
Inequality will be among the issues topping the agenda as the world's political and business elite meet in Davos from Tuesday until Friday, when 3,000 people will gather for the annual meeting of the World Economic Forum. / AFP / FABRICE COFFRINI (Photo credit should read FABRICE COFFRINI/AFP/Getty Images)
A prototype robot with two arms, which was developed by Japan's comprehensive electrical machinery manufacturer Hitachi for distribution warehouses, demonstrates its abilities during a demonstration for the media at a warehouse in Noda, in suburban Tokyo, on August 25, 2015. The robot can move to a location, take items off shelves and put them into boxes automatically, in place of employees. AFP PHOTO / Toru YAMANAKA (Photo credit should read TORU YAMANAKA/AFP/Getty Images)