Davos 2024

Davos Live: Milei Hails Corporate Heroes, Blinken’s Plane Fails

Ray Dalio on Jan. 17.

Photographer: Hollie Adams/Bloomberg
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Javier Milei, Argentina’s unconventional new president, preached to the choir at the World Economic Forum, hailing the business elite as “heroes” and telling them to resist politicians who embrace socialism.

Fiery rhetoric aside, security risks hit close to home when Russia-linked hackers targeted several Swiss government websites in retaliation for the nation hosting Ukrainian President Volodymyr Zelenskiy in Davos on Tuesday. On a positive note for trade, US Secretary of State Antony Blinken signaled there will be more contact between President Joe Biden and Chinese counterpart Xi Jinping before he was forced to switch aircraft due to a technical issue.