As elite Davos event ends, some hail 'constructive optimism' despite divisions, suffering in world

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As elite Davos event ends, some hail 'constructive optimism' despite divisions, suffering in world
World NewsWashington NewsRich Lesser
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The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects, efforts to end wars and technological progress.

Budweiser Clydesdale to make 4 stops at Winn-Dixie stores across Northeast Florida1 hour agoHamburger Mary’s Jacksonville announces soft opening with shows, events at new locationPeople leave the Congress Center on the final day at the World Economic Forum in Davos, Switzerland, Friday, Jan. 24, 2025.

From left: President of Singapore Tharman Shanmugaratnam, Managing Director of the International Monetary Fund Kristalina Georgieva, and President of the European Central Bank Christine Lagarde attend a session on the final day at the World Economic Forum in Davos, Switzerland, Friday, Jan. 24, 2025. People leave the Congress Center on the final day at the World Economic Forum in Davos, Switzerland, Friday, Jan. 24, 2025.

“You have to look at the good exchanges, you have to look at the services exchanges, you have to look at the capital account, “she said. ”It cannot just be black and white. What is true is that there has to be negotiation.”Tariffs weren't popular in Davos: Economic policymakers and trade officials warned that they could backfire and fan inflation.

Critics insisted that talk of “constructive optimism” — a buzzword among many this week — was overblown.Agnès Callamard, the secretary-general of Amnesty International, said that the reception to Trump among many elites in Davos was “very striking,” adding:"There is almost not a negative word that is being uttered about what he is planning to do.”

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