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Semafor LogoBen Smith
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Semafor Davos Daily: Liu He and Jared Kushner in Davos

Welcome to Day 2 of Davos 2023, where temperatures will be below freezing all day.

Davos is used to left-wing protesters. A small group showed up Sunday to demand an end to oil drilling. They waved signs on the promenade and even briefly slowed traffic.

But the World Economic Forum’s organizers these days are paying more attention to the far right. A right-wing substacker obtained and posted a complete list of attendees in the run-up to the forum. Social media is seething with claims that the World Economic Forum is a globalist cabal organized to control the masses; its goals, apparently, are to force citizens to eat insects and take COVID shots.

The conspiracies run together, said Anti-Defamation League chief Jonathan Greenblatt, who is in town to sound the alarm on extremism: “They think Klaus Schwab is Jewish!”

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Title iconToday's Agenda

11:15 a.m.: European Commission President Ursula van der Leyen

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11:45 a.m: Chinese Vice Premier Liu He

1:00 p.m.: Ukraine’s First Deputy Prime Minister Yulia Svyrydenko is among a hopefully titled panel on Ukraine’s “post-war” reconstruction

3:00 p.m.: Finnish President Sanna Marin speaks to Fareed Zakaria

3:00 p.m.: Saudi and Qatari royals appear on the same stage to discuss “keeping the lights on”

6:30 p.m.: New York Times dinner at the Hotel Seehoff

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6:30 p.m.: Wall Street Journal drinks at the Belvedere

9:00 p.m.: Skybridge’s Wine Forum at Hotel Europe'

Nightcap: Forbes and EY’s at Goals House

And the scramble appears to be on for admission to competing Thursday night parties. Microsoft’s features Sting, while Salesforce’s act is the subject of speculation.

ALSO: U.S. Rep. Mikie Sherrill will join her colleagues Joaquin Castro and Seth Moulton at 9:30 a.m. tomorrow in Semafor’s events series at Promenade 69. And if you’re up early, I’ll be moderating an 8:30 a.m. panel at the Congress Center on “Quiet Quitting and the Meaning of Work.”

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Title iconRequired Reading

In The Newsletters: Politico’s Ryan Heath says the leading candidates to succeed Klaus Schwab include Christine Lagarde, Tony Blair, and Schwab’s children. And Quartz reports that Anthony Scaramucci visited the Blockchain hub, compared the fallen tycoon Sam Bankman-Fried to Judas, but otherwise seemed bullish on crypto (!). (Bankman-Fried is a Semafor investor.)

'Every conversation in Davos begins with talk of Ukraine, my colleague Steve Clemons noted. But every conversation then turns to China. The point of reference is often last week’s Financial Times analysis that “a fundamental reset is taking place in Xi’s foreign and economic policies,” a turn back toward the West and economic openness, and away from Moscow.

That’s unlikely to shift America’s deeply anti-China domestic politics. But with Vice Premier Liu He set to speak Tuesday, I asked a couple of close observers — Peter Orszag and Li Xin — what they’d be listening for:

Title iconRoom for Disagreement

Peter Goodman, the author of the scathing DAVOS MAN: How the Billionaires Devoured the World, won’t be in town. In this short column for Semafor, he writes of Davos’s place beside the Ukraine war, U.S. China tensions, and climate change:

In Davos, talking is the same thing as doing. The mere existence of a conversation, ideally, a "multi stakeholder dialogue," is tallied up as action.

The World Economic Forum is not a secret government or organized conspiracy. It is a giant business meeting, a chance for the heads of multinational oil giants to sit opposite Persian Gulf potentates — fronted by the performance art of earnest panel discussions aimed at solving the problems of the day.

More than anything, Davos is a prophylactic against change, an elaborate reinforcement of the status quo served up as the pursuit of human progress.

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WEF membership and one executive's pass. Source: WEF
Title iconScenes

Marc Benioff deep in conversation with Jared Kushner at Time’s party …. Belarus’s democratic leader Sviatlana Tsikhanouskaya at Bill Browder’s dinner pleading movingly that her country not be forgotten … a crowd shutting down the promenade for Maharashtra Chief Minister Eknath Shinde … Reuters’ Leela de Kretser cheering for the New York Giants well after midnight at Caprizzi Sportsbar … Angelina Jolie’s stirring speech about refugees playing on a speaker in the men’s room at the swank Goals House …

Title iconFlagship Briefing

Here are the top stories our Semafor Flagship team in London is watching from lower lying territories:

  1. China’s falling population: Official data showed that China's population fell for the first time in 60 years. The decline spells trouble for the country’s ill-equipped pension system, and for its long-term economic growth.
  2. China's hopeful economy: In the short-term, though, economists and investors are buoyant over Beijing’s prospects, despite the debacle of its abandonment of zero-COVID, and disappointing new GDP figures.
  3. Beating cancer: Cancer rates in the United States have dropped 30% in less than 30 years, a decline driven in part by lifestyle changes. It’s especially remarkable because cancer is a disease of aging, and Western societies are living longer than ever.
  4. No Biden visitor logs: The White House said no logs exist for visitors to the Joe Biden residence where classified documents were recently found, the latest step in a controversy that has put the White House on the defensive after criticizing Donald Trump for holding classified documents himself.
  5. Burkina Faso kidnapping: Gunmen abducted dozens of women as they were out picking fruit in Burkina Faso, which has been grappling with the fallout from an Islamist insurgency in neighboring Mali.
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