Martin Selmayr gets his chance to return to Brussels
POLITICO » Switzerland
by Jakob Hanke Vela
2w ago
Martin Selmayr — the divisive chief of staff of former Commission president Jean-Claude Juncker — is preparing a dramatic comeback to Brussels. According to a document seen by POLITICO, the Commission on Wednesday decided to appoint Selmayr to a newly created position of “conseiller hors classe” (akin to a senior adviser) at the Secretariat-General of the EU executive. Selmayr, who amassed a legendary amount of power atop the EU executive, earning him the nickname “Monster of the Berlaymont,” was parachuted to the top of the secretariat-general at breathtaking speed during Juncker’s reign, in ..read more
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Ukraine hopes to avoid economic doomsday of not getting Western financial aid
POLITICO » Switzerland
by Veronika Melkozerova
3w ago
KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders have promised to approve this week.  European heads of government are due to vote on a €50 billion aid facility for Kyiv on February 1. Without it, and a similar amount in funding due from the U.S., experts say Ukraine will not be able to keep fighting Russia, or sustain what remains of its battered economy, for long.  “We are not currently even considering an option of not receiving this assistance,” Danylo Hetmantsev, head of the finance and tax committee of the Ukrainian parliamen ..read more
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Populism Keeps Rattling the Globe. Elites Have No Idea What to Do.
POLITICO » Switzerland
by Nahal Toosi
1M ago
DAVOS, Switzerland — For more than a decade, forces on the ideological extremes have torn at the global political fabric. And for just as long, the luminaries at the World Economic Forum have fretted about how dangerous that phenomenon is — for the businesses they lead and the countries they govern. But years into the transnational struggle with resurgent populism, the corporate leaders in Davos appear to have no serious solutions. In conversation after conversation here, I detected resignation and helplessness among business executives when it came to their counterparts in government. There’s ..read more
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World’s cartoonists on this week’s events
POLITICO » Switzerland
by POLITICO
1M ago
First published in De Volkskrant, Netherlands, January 17, 2024 | By SchotFirst published on caglecartoons.com, the Netherlands, January 15, 2024 | By Tom JanssenFirst published on caglecartoons.com, Costa Rica, January 14, 2024 | By Arcadio EsquivelFirst published on PoliticalCartoons.com, January 17, 2024 | By Plop and KanKrFirst published on caglecartoons.com, Austria, January 16, 2024 | By Marian KamenskyFirst published on chappatte.com, Geneva, January 14, 2024 | By Chappatte ..read more
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Defense in Davos: US on back foot as world roils around it
POLITICO » Switzerland
by Alexander Ward
1M ago
DAVOS, Switzerland — In a setting they usually dominate, top Biden administration officials and U.S. lawmakers found themselves in an unusual position at the glitzy annual gathering this week — a defensive crouch. Day after day, the officials faced questions about the political tussle over providing more aid to Ukraine, congressional polarization, the optics of supporting Israel despite the suffering of Palestinians and a growing bombing campaign against the Houthis in Yemen. And day after day, they had to reassure foreign counterparts that the U.S. had everything under control, that these wer ..read more
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Why the Davos smart set sounds dumb
POLITICO » Switzerland
by John F. Harris
1M ago
DAVOS, Switzerland — “The rich,” wrote Scott Fitzgerald, “are different from you and me.” By legend, Ernest Hemingway complimented his firm grasp of the obvious: “Yes, they have more money.” In a modern global economy, they also have more of other things: More invitations, more connections, more caterers. Here’s what they don’t have, most of them, any more than you do: Original or penetrating insights into the large political currents buffeting the United States and the world. Just what are these elites talking and scheming about here in the Alps at the annual convening of the World Econo ..read more
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China snubs Zelenskyy in Switzerland
POLITICO » Switzerland
by Suzanne Lynch, Nahal Toosi, John F. Harris, Alex Ward
1M ago
DAVOS, Switzerland — Ukrainian leaders made no secret of wanting to meet with Chinese officials in Switzerland this week but President Volodymyr Zelenskyy has headed home without the desired encounter in a blow to Kyiv. China’s delegation in Switzerland had ample opportunity to sit across from their Ukrainian counterparts, whether in Bern or at the World Economic Forum in Davos. Any meeting would have satisfied a long-standing hope in Kyiv to hold frank, in-person discussions with senior officials from Beijing. Just before a multi-nation peace summit in the Swiss Alps, Ukraine’s presidential c ..read more
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How UK Labour stopped worrying and learned to love Davos
POLITICO » Switzerland
by Bethany Dawson
1M ago
LONDON — Britain’s Labour Party wants everyone to know it’s in Davos this year. It wasn’t always like that.  With a general election looming, U.K. Labour leader Keir Starmer has dispatched two of the most senior members of his team — Shadow Chancellor Rachel Reeves and Shadow Business Secretary Jonathan Reynolds — to capitalize on the high-level meetings and business-friendly photo opportunities on offer at the annual World Economic Forum. Reeves will use an event hosted by the investment bank JP Morgan on Wednesday to pledge to “restore Britain’s reputation as a place to do business ..read more
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Davos 2024: Power players assemble for the World Economic Forum
POLITICO » Switzerland
by Anne McElvoy, Cristina Gonzalez, Peter Snowdon
1M ago
Listen on Spotify Apple Music Google Play EN_Google_Podcasts_Badge Created with Sketch. Acast Amazon Music As the World Economic Forum gets underway in Davos, many of the world’s most powerful business leaders, politicians and tech gurus — and even the odd veteran pop star — have arrived in the Swiss Alps hoping to set the agenda for the year ahead.  This week we present four episodes of Power Play with an array of interviews and analysis. Today, host Anne McElvoy brings together three of POLITICO’s keenest Davos watchers to chart the week ahead. She’s joined by Alex Ward, a national ..read more
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A big Chinese delegation unnerves US diplomats in Davos
POLITICO » Switzerland
by Nahal Toosi
1M ago
DAVOS, Switzerland — U.S. diplomats have been so worried about the size and intent of a Chinese delegation in Switzerland this week that they’re trying to arrange a meeting between Secretary of State Antony Blinken with a Swiss official while he’s in the country for the World Economic Forum. The discussion about adjusting Blinken’s schedule — laid out in a State Department document obtained by POLITICO — appears designed to ensure that famously neutral Switzerland doesn’t feel jaded by Washington amid potential wooing by Beijing. It comes as U.S.-Chinese tensions are rising once more over th ..read more
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