Donald Trump has made a renewed pitch to acquire Greenland from Denmark, saying that there is no country in the world that could defend the island like the United States. With world leaders listening to his speech at the World Economic Forum in Davos, Switzerland
The world's biggest nuclear power plant is set to restart on Wednesday (January 21, 2026) for the first time since the 2011 Fukushima disaster, its Japanese operator said, despite persistent safety concerns among residents. The Governor of Niigata province
Nothing transforms a simple Indian meal into instant comfort food quite like the right achaar. These tangy, spicy pickles, which are pantry staples across every region, add crunch, heat, and zing to dal-chawal, parathas, or khichdi, turning everyday eats into satisfying feasts without extra cooking
In a landmark achievement for India's public healthcare sector, the All India Institute of Medical Sciences (AIIMS) in New Delhi has successfully completed over 1,000 robotic-assisted surgeries within a span of just 13 months. This milestone, reached by the Department of Surgical Disciplines
As per ESPNcricinfo, the International Cricket Council (ICC) has taken a firm stance regarding the ongoing impasse with the Bangladesh Cricket Board (BCB). As per ESPNcricinfo, the International Cricket Council (ICC) has taken a firm stance regarding the ongoing impasse with the Bangladesh Cricket
Opinion | Delhi Instead Of Davos? Why WEF Is Sliding Down The Wrong Mountain
Opinion | Delhi Instead Of Davos? Why WEF Is Sliding Down The Wrong Mountain
In 1971, Klaus Schwab, a German engineer, set up the European Management Forum in Davos. The Forum did exactly as its appellation indicated—it brought European business leaders to Davos to learn American management techniques.
In 1987, the Forum was renamed the World Economic Forum. Despite its global pretensions, the WEF remained a body anchored in the Western Hemisphere. This was primarily because trade itself was not globalised. There were many insurmountable walls for goods and services to climb. One of them defined the Cold War—the Berlin Wall. This was the brick-and-mortar metaphor for a divided world in the heart of the Western Hemisphere. Davos in those early days provided a rare platform where Cold War Continental rivals could engage in quiet diplomacy.
The breakout moment for the World Economic Forum came only in the 1990s. The Berlin Wall was torn down, China opened, India liberalised, communism waned, and trade, finance, and technology flowed across geographies.
But because WEF was born in a world order where Europe and the US dominated capital, technology, institutions, and rule-making, Davos was and remains West-facing. Emerging economies were invited but only to participate, not shape, the global policy landscape.
That world no longer exists. The World Economic Forum has not adapted. Yet Davos remains physically, culturally, and intellectually anchored in Western Europe, even though the centre of global financial gravity has decisively shifted East.
Consider the facts. Asia now contributes over 50% of global GDP growth, according to the IMF and World Bank. India is the world's fastest-growing major economy, consistently expanding at 6-7%. China, India, ASEAN, and the Gulf together drive demand, infrastructure, digital adoption, and energy transition investments.
In stark contrast, Europe struggles to grow beyond 1%. It is demographically and structurally degrowing. Its share of global GDP has fallen from over 30% in 1980 to under 15% today. America has its own problem, not in the least a crippling debt crisis.
So why should the world still fly to a Swiss ski town to discuss “the future of growth"? Why should a dwindling West be setting the rules—climate finance, AI governance, ESG, and trade—for the growing rest who bear the consequences?
Is India's Digital Public Infrastructure (UPI, Aadhaar), for instance, which is studied globally, treated as a rule-setting template at Davos? No.
Swipe Left For Next Video
While it's no one's case that the Davos WEF jamboree is irrelevant, if it is to serve as a bridge between North and South, if it is to have a stake in multipolar stability, there is a need for an Asian-hosted WEF summit.
A beginning could be made with Delhi. Dubai and ASEAN capitals are other worthy contenders to play hosts on a rotational basis. To put it simply, a forum meant to shape the future cannot remain anchored in the economic past.
Source: News18
Related Posts: Russian Envoy To Meet US Officials In Davos In First Such Engagement At WEF Since 2022 Delhi Free LPG Cylinder Scheme 2026 Tech Execs at Davos Highlight AI’s Power as a Geopolitical Tool WEF Davos 2026 Live Updates Delhi HC dismisses PIL seeking ban on Bangladesh from international cricket In WEF, Davos, Jharkhand government signs a MoU with Tata Steel of over ₹11,000 crore Delhi Police Arrest 21-Year-Old For Reckless Driving On NH-48 Why Did Emmanuel Macron Wear Sunglasses At Davos At Davos, Smriti Irani Highlights Pollution Crisis — Is Delhi Smog Now A Worldwide Wake-Up Call Supreme Court upholds Delhi HC verdict on Sameer Wankhede's promotion
The Pakistan Cricket Board has reportedly backed Bangladesh's stance of refusing to play its T20 World Cup matches in India due to "security concerns" in a communication to the ICC. The ICC Board is scheduled to meet on Wednesday (January 21
Just now
The England and Wales Cricket Board (ECB) have announced England's playing XI for the first ODI against Sri Lanka, scheduled to be played on January 22 at the R. Premadasa International Cricket Stadium. The England and Wales Cricket Board (ECB) have announced England's playing XI for the first ODI
Just now
Higher tobacco prices and airfares pushed the UK rate of inflation higher for the first time in five months, official figures show. The rise to 3.4% in the year to December was higher than expected with most economists predicting only a slight uptick
Just now
Indian leaders at Davos showcase India's strong economic growth and sustainability efforts. They emphasize the nation's progress towards becoming the world's third-largest economy. Discussions focus on increased investment in renewable energy and grid stability
Just now
As Prime Minister, Mark Carney has been trying to advance a new framework for Canada's identity and engagement with the world. In his speech at Davos on Tuesday (January 20, 2026), Mr. Carney outlined a new agenda for the world — a “third path”
Just now
Software-as-a-service (SaaS) firm Amagi Media Labs made a subdued stock market debut on Wednesday, with its market capitalisation declining more than 41% to about $821 million compared to its last private market valuation.The company was last valued at $1.4 billion in 2022
Just now
The Buffalo Bills are moving quickly in their quest for a new head coach after parting ways with Sean McDermott. Early reports spotlight three candidates with direct ties to the franchise. Notably, current offensive coordinator Joe Brady, former offensive coordinator Brian Daboll
Just now
France striker Jean-Philippe Mateta has told Crystal Palace he wants to leave amid interest from other Premier League and European clubs. Mateta, 28, has 18 months remaining on his current deal at Selhurst Park and as things stand he will not be signing an extension
Just now
The Editors Guild of India on Wednesday condemned the Jammu and Kashmir Police summoning journalists in the past week, saying that the action is “tantamount to coercion and intimidation” of the media. In a statement, the guild said that while the police were yet to clarify the reasons
Just now
Retired families, NRIs with religious affinity, Weekend-commuting professionals and Heritage preservation buyers are turning the spiritual real estate in a golden deal, leading the surge. India's real-estate market has historically been driven by metro expansion
Just now
For the first time, quick commerce platform Blinkit was adjusted Ebitda (earnings before interest, taxes, depreciation) positive in Q3 FY26.In the December 2026 quarter, Blinkit reported an adjusted Ebitda profit of Rs 4 crore, compared with a loss of Rs 103 crore in Q3FY25
Just now
The electric two-wheeler manufacturer MATTER, on Technology Day 3.0, unveiled what it claims to be India's first Artificial Intelligence-Defined Vehicle (AIDV) platform. The electric two-wheeler manufacturer MATTER, on Technology Day 3.0 held on January 21, 2026
Just now
India is on course to emerge as the world's third-largest economy within the next few years, Union Minister Ashwini Vaishnaw said on Wednesday, attributing the outlook to sustained structural reforms and focused execution over the past decade. Addressing the World Economic Forum 2026
Just now
AI Impact Summit 2026 In India: The mega event will bring together global policymakers and technology leaders, and is expected to feature major investment announcements along with the launch of India's AI models. AI Impact Summit 2026 In India: As India prepares to host the AI Impact Summit in New
Just now
A celebrated filmmaker known for his grand, visually rich storytelling will become the first Indian director to represent Indian cinema at the Republic Day Parade this year New Delhi: As Republic Day approaches, a report by The Times of India suggests that the Ministry of Information and
Just now
Assassination Of Ex-Japanese Prime Minister Shinzo Abe sent shockwaves across Japan, a country known for having some of the world's strictest gun control laws and extremely low rates of gun violence. Tetsuya Yamagami, 45, who shot dead Japan's longest-serving prime minister Shinzo Abe with a
Just now
Looking at the escalating tensions between US and some European nations, Retd Brigadier Advitya Madan claimed that the NATO will be destroyed if any one member carries out an attack on another member citing that US has already receiving push backs
Just now
The International Cricket Council (ICC) on Wednesday has rejected Bangladesh's demand of shifting all their T20 World Cup 2026 matches out of India . The decision came after an ICC board meeting, which included all the directors of the full member nations, including that of Bangladesh
Just now
US President Donald Trump mispronounced Azerbaijan as “Aber-baijan” during his speech at the World Economic Forum in Davos on Wednesday, 21 January, while claiming to have stopped eight wars in one year. A clip from his address is circulating on social media
Just now
Pakistan has accepted U.S. President Donald Trump's invitation to join the "Board of Peace," aiming to foster lasting peace in Gaza. This initiative, part of Trump's broader Gaza plan, seeks to resolve global conflicts. Islamabad's participation underscores its commitment to supporting a UN
Just now
In 1971, Klaus Schwab, a German engineer, set up the European Management Forum in Davos. The Forum did exactly as its appellation indicated—it brought European business leaders to Davos to learn American management techniques. In 1987, the Forum was renamed the World Economic Forum
Just now
Israel's Prime Minister Benjamin Netanyahu has accepted an invitation to join US President Donald Trump's Board of Peace. A statement from his office said Netanyahu would become a member of the board "which is to be comprised of world leaders"
Just now
The Beckham family dynamics is more of a situation than a problem, something Indian families are deeply familiar with. So when Brooklyn Beckham went out and shared his side of the story on social media, it caught global attention not just for what he said, but for how he said it. He wasn't accusing
Just now
Telangana Police have registered a case against Yacharam village panchayat authorities following allegations that around 100 stray dogs were killed, triggering public outrage and an official investigation. Telangana: Telangana Police have registered a case against the Gram Panchayat governing body
Just now
![New Delhi [India], January 21 (ANI): Artificial Intelligence is a key enabler for the next phase of India's telecom evolution, offering opportunities to](http://newsorbit360.com/files/news/en/imgs/ai-a-key-enabler-for-next-phase-of-indias-telecom-evolution.webp?height=520)
New Delhi [India], January 21 (ANI): Artificial Intelligence is a key enabler for the next phase of India's telecom evolution, offering opportunities to deliver intelligent, adaptive, and trusted services across the ecosystem, said Anil Kumar Lahoti, Chairman
Just now
US President Donald Trump criticized Europe's direction at the World Economic Forum, attributing economic troubles to green energy policies and mass migration. He contrasted this with America's "phenomenal" economic turnaround under his administration
Just now
Anupam Mittal, a popular judge on Shark Tank India, has weighed in on the growing uncertainty of job loss with the emergence of artificial intelligence (AI). Mittal, who is also the founder of People Group, asserted in a LinkedIn post that AI will not rob the jobs of coders
1 hours ago
