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What to know about the annual World Economic Forum meeting in Davos

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What to know about the annual World Economic Forum meeting in Davos
News

News

What to know about the annual World Economic Forum meeting in Davos

2026-01-19 19:45 Last Updated At:19:50

DAVOS, Switzerland (AP) — Nearly 3,000 high-level participants from business, government and beyond plus untold numbers of activists, journalists and outside observers are converging in the Swiss town of Davos for the World Economic Forum's annual meeting.

Here's a look at the latest edition of the elite affair in the Alpine snows:

The forum is a think tank and event organizer based in Geneva whose main event — the annual meeting — debuted in 1971 in Davos, a ski-resort town of about 10,000 people at a height of about 1,500 meters (nearly 5,000 feet) in the Alps of eastern Switzerland.

The first edition, hosted by forum founder Klaus Schwab, featured a gathering of business executives.

Since then, the meeting has swelled into a catch-all conference on issues as diverse as economic disparity, climate change, technology, and global cooperation — as well as competition and conflict.

More than 200 sessions will tackle a wide array of issues.

Organizers says a record of nearly 400 top political leaders, including more than 60 heads of state and government, and nearly 850 chairs and chief executives of many of the world's leading companies.

Headlining the lineup is U.S. President Donald Trump, who's set to deliver a speech on Wednesday, and several Cabinet ministers and top advisers including Secretary of State Marco Rubio, Treasury Secretary Scott Bessent and special envoy Steve Witkoff.

President Emmanuel Macron of France, European Commission President Ursula von der Leyen, President Ahmad al-Sharaa of Syria, Canadian Prime Minister Mark Carney, President Felix Tshisekedi of Congo, Vice Premier He Lifeng of China, and President Volodymyr Zelenskyy of Ukraine are among the who's-who of top attendees.

Organizers say 55 ministers for economy and finance, 33 ministers for foreign affairs, 34 ministers for trade, commerce and industry, and 11 central bank governors are also expected.

Tech titans scheduled to be on hand include Jensen Huang of Nvidia. Microsoft's Satya Nadella, Demis Hassabis of Google DeepMind, and Arthur Mensch of France's Mistral AI.

NATO Secretary-General Mark Rutte and World Trade Organization Director-General Ngozi Okonjo-Iweala are among scores of top officials from international institutions.

The geopolitical context has become incredibly complex this year: Trump's pronouncements and policies on subjects as diverse as Venezuela, Greenland and Iran — not to mention his aggressive tariff policies — have upended the world order and raised questions about America's role in the world.

The advent of AI — its promise and perils — has also become a hot topic. Business executives will examine how to apply it to boost efficiency and profits; labor leaders and advocacy groups will warn of its threat to jobs and livelihoods, and policymakers will look to navigate the best way forward between regulation and right to innovate.

Davos conference organizers always trot out buzzwords for the meeting, and this year's is “A Spirit of Dialogue” — around five themes of cooperation, growth, investment in people, innovation and building prosperity.

Critics say Davos is too much talk and not enough action to rectify gaping inequality in the world and address troubles like climate change.

AP World Economic Forum: https://apnews.com/hub/world-economic-forum

The logo of the World Economy Forum is displayed on a window of the Congress Center where the Annual Meeting Forum take place in Davos, Switzerland, Monday, Jan. 19, 2026. (AP Photo/Markus Schreiber)

The logo of the World Economy Forum is displayed on a window of the Congress Center where the Annual Meeting Forum take place in Davos, Switzerland, Monday, Jan. 19, 2026. (AP Photo/Markus Schreiber)

CAIRO (AP) — A drone strike caused a fire outside a nuclear power plant in Abu Dhabi on Sunday, authorities in the United Arab Emirates said.

The Abu Dhabi media office said in a statement that the fire broke out in an external electrical generator outside the perimeter of the Barakah Nuclear Power Plant in Al Dhafra.

There were no reports of injuries and there's no impact on radiological safety levels, it said.

The drone strike came as a fragile ceasefire between the United States and Iran has held but tensions remain high and threaten to tip the Middle East back into open warfare and prolong the worldwide energy crisis sparked by the conflict.

A government supporter wears badges showing a portrait of the slain Iranian Supreme Leader Ayatollah Ali Khamenei, and Iranian and Palestinian flags during a pro-government gathering at Islamic Revolution Square in Tehran, Iran, Wednesday, May 13, 2026. (AP Photo/Vahid Salemi)

A government supporter wears badges showing a portrait of the slain Iranian Supreme Leader Ayatollah Ali Khamenei, and Iranian and Palestinian flags during a pro-government gathering at Islamic Revolution Square in Tehran, Iran, Wednesday, May 13, 2026. (AP Photo/Vahid Salemi)

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