Trump to deliver Davos speech days after inauguration
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Donald Trump will address business and world leaders at the World Economic Forum (WEF) in Davos, Switzerland, in a virtual appearance from the US three days after his inauguration as President. The Davos event, which starts on Monday, will attract more than 3,000 business and political leaders to the Swiss Alps.
They will include 900 company chairs and chief executives along with 60 heads of state. Money latest: Spain proposes 100% tax on foreign-owned homes. Chancellor Rachel Reeves will be the senior UK minister attending having travelled to Davos regularly while in opposition.
Sir Keir Starmer, who once defended his attendance by saying Davos was more important than Westminster, is not expected to travel to Switzerland. The WEF said that EU president Ursula von der Lyon and Chinese deputy premier Ding Xuexiang will also attend in-person.
Money blog: Spain proposes 100% tax on foreign-owned homes in 'unprecedented' move. Foreign and culture secretaries recruit bosses to new Soft Power Council. Farage and Candy to host £25,000-a-head Reform fundraiser. Always likely to be dominated by the fallout from Mr Trump's second term, particularly the promise of swingeing tariffs on US imports, the event will now hear from the president himself in what organisers said would be a "virtual engagement with participants".
Be the first to get Breaking News. Install the Sky News app for free. Please use Chrome browser for a more accessible video player. Now in its 55th year, the World Economic Forum has been a leading proponent of the liberal economic consensus and globalisation under direct threat from Mr Trump's second term, and populist political trends evident in many developed economies.
