Politics
A softer touch
The state leaders, top economists and chief executives who are in Davos for the World Economic Forum’s annual summit, which officially kicks off today, will surely be aware of the historic leadership shift that’s taken place this year. In a well-publicised first, all seven chairs of the meeting are women, including International Monetary Fund managing director Christine Lagarde and Norwegian prime minister Erna Solberg. The move was designed to send a signal that the summit is evolving yet you could be forgiven for thinking it a largely empty gesture considering the majority of attendees – about 79 per cent – are still men. Of course, that won’t be the only challenging issue this week, as presidents and prime ministers from around the world tout the benefits of globalisation, despite many pandering to populist backlashes against it at home. Even Donald Trump, whose America First campaign helped him win the presidency, is scheduled to make a speech on Friday at the summit – the first US president to attend since Bill Clinton.