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Davos: 5 key themes this year

DAVOS, SWITZERLAND: The global elite wraps up its talkathon in the Swiss ski resort of Davos on Friday -- around the same time as Donald Trump enters the White House on a wave of anti-elitist anger. Here are five key themes from this year's World Economic Forum, which gathers movers and shakers from business, politics, academia and showbiz every year for a week of earnest debate and extravagant partying. China: globalisation's new saviour? China's President Xi Jinping emerged as an unlikely capitalist hero as Davos…

Globalisation is “a very easy scapegoat,” says WEF chief

GENEVA: The man behind the annual Davos forum that for decades has been singing the praises of global trade insists that globalisation is only one factor in dramatic shifts provoking angst and anger. Klaus Schwab, the 78-year-old founder and executive chairman of the World Economic Forum, told AFP in an interview this week he understood that rapid changes in our societies were provoking anxiety, but stressed that globalised trade was not the sole culprit. "It's not just a backlash against globalisation," he said, adding…

Kerry warns of ‘authoritarian populism,’ takes jab at Trump tweets

WASHINGTON: U.S. Secretary of State John Kerry on Tuesday warned of the dangers of authoritarian populism and offered a thinly veiled critique of Donald Trump's prolific use of Twitter, saying it allowed the president-elect to avoid accountability. In his most pointed public comments about Trump since the Nov. 8 presidential election, Kerry also suggested that the president-elect's Cabinet nominees were getting a free pass from Congress for failing to submit tax returns and other documentation before their Senate…