The annual meeting of the World Economic Forum in Davos, Switzerland, has kicked off with US Treasury Secretary Janet Yellen emphasizing that relations between the United States and Europe have “never been closer.” This remark came as the event, which began on January 16, 2024, draws together leaders from various sectors, including business, academia, and philanthropy.
This year’s forum is expected to attract around 3,000 participants from 130 countries, featuring approximately 850 CEOs and chairs of the world’s top companies. The World Economic Forum, established in 1971, aims to foster dialogue and collaboration to improve European management and address global economic challenges.
Yellen’s comments reflect a commitment to strengthening ties between the US and its European allies. She highlighted the importance of collaboration in addressing pressing issues such as climate change, economic stability, and security challenges. Her statements were made during a panel discussion that focused on the current geopolitical landscape and its impact on global markets.
As the forum progresses, participants will engage in discussions about the future of the global economy, technological advancements, and sustainable development. The event serves as a platform for influential leaders to share insights, forge partnerships, and explore innovative solutions to complex problems.
In addition to Yellen, other notable figures attending this year’s forum include heads of state, industry leaders, and prominent thinkers. The conversations and agreements reached in Davos are expected to have significant implications for international relations and economic policies moving forward.
With the backdrop of the Swiss Alps, the World Economic Forum continues to be a key gathering for decision-makers to collaborate and strategize on the future of the global economy. As sessions unfold, the focus will remain on building a more resilient and interconnected world.
