The 2026 annual meeting of the World Economic Forum (WEF) opened on Monday in the Swiss Alpine town of Davos, calling for constructive dialogue in a complex global landscape.
Under the theme "A Spirit of Dialogue," the five-day event has drawn nearly 3,000 leaders and experts worldwide to discuss five pressing global challenges, including enhancing cooperation, unlocking new sources of growth and deploying innovation at scale and responsibly.
Mirek Dusek, managing director of the WEF, emphasized that in a world marked by intensifying geopolitical tensions, fragmentation and rapid technological advancements, the meeting remains an inclusive platform for bridging differences through dialogue.
"This place has always been very important for dialogue, and so that's what we are building on. But we are also sending a message that, of course, now we are in a much more competitive, contested world, and that in this kind of environment, having dialogue and engagement is even more important," said Dusek.
A series of publications released by the WEF in the lead-up to the meeting indicated rising risks and downward pressure on the global economy in an increasingly contested and fragmented world.
The latest Chief Economists' Outlook pointed out that while the global economic outlook has improved modestly, uncertainty remains. Factors such as shifting asset valuations, rising debt, geoeconomic realignment and the rapid deployment of artificial intelligence are expected to continue impacting the world economy.
The Chief Economists' Outlook summarizes the emerging contours of the current economic environment. The quarterly report incorporates the latest policy research and the results of a Forum survey with leading chief economists from both the public and private sectors.
World Economic Forum annual meeting opens in Davos
As the diplomatic engagement between the United States and Iran continues despite a faltering ceasefire, a former commander of Iran's Islamic Revolutionary Guard Corps (IRGC) has said that Iran is prepared to use military power to break the U.S. maritime blockade should the negotiations collapse or run on too long.
Mohsen Rezaee, who also currently serves as a member of the Iranian Expediency Discernment Council, struck a confident tone about Iran's current trajectory in an exclusive interview with China Global Television Network (CGTN) in Tehran on Wednesday.
He said the country has withstood over two decades of crippling sanctions and continued to move forward.
"We have been under sanctions for more than 20 years. The number of sanctions likely exceeds 2,000, targeting individuals, enterprises, corporations, ships, insurance companies, and even foreign countries that interacted with us. However, we have managed to find solutions to neutralize these sanctions, and we will continue to do so moving forward," he said.
He said Iran aims to ease the sanctions burden through talks with the U.S., although at the same time, he said, Iran is ready to shift to a military response if the path to a peaceful resolution closes.
"Furthermore, we will compel the U.S. to lift these sanctions. We will force the U.S. to end the maritime blockade -- either through negotiations or, should they resist, through direct action and we will attack U.S. warships. Therefore, despite all the pressures, the future of our economy is bright and promising, while the future of the US economy is bleak," he said.
While any new war against Iran would be a dead end, the best way out for the U.S. is to continue talks, according to the senior official.
"We have prepared ourselves so that if the maritime blockade continues beyond a certain timeframe, we will launch an attack and break the blockade. The Americans have no choice but to negotiate. Continuing this war is a journey into a very dark tunnel for the United States. The more America chooses to fight, the deeper it enters a tunnel with no end. Yet for us, the path is perfectly clear. America is moving toward us in the dark, while we are monitoring their every move," he said.
Former IRGC chief says Iran ready to break U.S. naval blockade by force if talks fail
