Trump's Full Speech at the World Economic Forum: America Will Become the Global Center for Artificial Intelligence and Cryptocurrency
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Trump's Full Speech at the World Economic Forum: America Will Become the Global Center for Artificial Intelligence and Cryptocurrency
U.S. President Trump delivered a video address at the World Economic Forum annual meeting in Davos on Thursday.
Navigating Web3 tides with focused insightsSource: The White House
Translation: @myfxtrader
Speech Segment
Thank you very much, Klaus, hello everyone, greetings to all in beautiful Davos.
This is truly a historic week in American history. Three days ago, I was sworn in, and we have begun America's golden age. The recent presidential election was won by millions of votes, capturing seven swing states—an enormous mandate from the American people unseen in many years. Even some political commentators, even some of my so-called opponents, have said this is the most impactful election victory in 129 years. That’s tremendous.
In the past 72 hours, what the world has witnessed is nothing short of a revolution of common sense. With this incredible momentum and everything we are doing and will do, our nation will soon become stronger, wealthier, and more united than ever before, and the entire planet will become more peaceful and prosperous.
My administration is moving at unprecedented speed to address the disaster we inherited from a group of utterly incompetent individuals and to resolve every crisis facing our nation.
First and foremost is confronting the economic chaos caused by the failed policies of the previous administration. Over the past four years, our government accumulated $800 billion in wasteful deficit spending and imposed unprecedented, nationally destructive energy restrictions, suffocating regulations, and hidden taxes. The result has been the worst inflation crisis in modern history and high interest rates for our citizens—and indeed the world. Food prices and the cost of nearly every other known commodity have skyrocketed.
President Biden completely lost control of what was happening in our country, especially regarding our high-inflation economy and border issues. Due to these devastating policies, total government spending this year is $1.5 trillion higher than projections when I left office four years ago. Likewise, the cost of servicing the debt is over 230% higher than 2020 projections.
The inflation rate we inherited remains 50% above the historical target. This may be the highest inflation in our nation’s history. Therefore, from the moment I took office, I moved swiftly to reverse every radical left-wing policy that caused this disaster—especially on immigration, crime, and inflation.
On day one, I signed an executive order directing each of my cabinet members to use all available authority to defeat inflation and lower the cost of living. I implemented a freeze on federal hiring, a freeze on federal regulations, a freeze on foreign aid, and created a new Department of Government Efficiency.
I terminated the absurd and extremely wasteful Green New Deal. I call it the Green New Scam. I withdrew from the one-sided Paris Climate Agreement and ended the crazy and costly electric vehicle mandates. We will let people choose the cars they want to buy.
I declared a national energy emergency—a very important step. A national energy emergency to unleash the liquid gold beneath our feet and pave the way for rapid approval of new energy infrastructure. The United States possesses the largest oil and gas reserves in the world, and we will use them.
This will not only reduce the cost of almost all goods and services but also make America a manufacturing superpower and the global center for artificial intelligence and cryptocurrency.
My administration has also launched the largest deregulation drive in history—far surpassing records set during my prior term. Over the past four years, the Biden administration added $50,000 in regulatory costs to every ordinary American household. I pledged to eliminate ten old regulations for every new one introduced, which will quickly put thousands of dollars back into American families’ pockets.
To further unleash our economy, our majority in the House and Senate will pass the largest tax reduction plan in American history—including massive tax cuts for workers and families, and substantial reductions for domestic producers and manufacturers. As you may know from reading any newspaper, we are working with Democrats to extend the original Trump tax cuts.
My message to every business in the world is very simple: Come produce your products in America, and we will give you one of the lowest tax rates of any country on Earth. We are slashing tax rates even lower than Trump’s original tax cuts. But if you don’t produce your products in America—that’s your privilege—then simply, you will have to pay tariffs—varying amounts, but all tariffs—which will bring hundreds of billions, even trillions of dollars into our Treasury to strengthen our economy and repay debt.
Under the Trump administration, there is no better place on Earth to create jobs, build factories, or grow companies than the United States.
Economic confidence in America is soaring—perhaps higher than we’ve seen in decades, maybe ever. After my election, small business confidence just surged by 41 points in a single month. That’s a record high, never seen anything like it.
SoftBank has announced it will invest between $100 billion and $200 billion in the American economy. Just two days ago, Oracle, SoftBank, and OpenAI announced $500 billion in infrastructure investment. Other companies have likewise announced billions in investments, cumulatively reaching trillions of dollars flowing into America. And today’s newspapers report Saudi Arabia will invest at least $600 billion in the U.S. I will ask the Crown Prince—he’s a great man—to increase that amount to around $1 trillion. I believe they will do it because we’ve been very good to them. I will also ask Saudi Arabia and OPEC to lower oil prices. You must lower them. Frankly, I’m surprised they didn’t do it before the election. They didn’t do it, showing little goodwill, which surprised me.
If oil prices go down, the war between Russia and Ukraine will end immediately. Right now, prices are high enough to keep the war going. You must lower oil prices to end the war. They should have done it long ago. They bear some responsibility for the current situation, with millions of lives being lost.
As oil prices fall, I will demand interest rates drop immediately—and global rates should fall too. Interest rates should have dropped following our historic victory in the recent presidential election, as you can see. Many things are happening across many countries. They say light is flashing around the world since the last election—even some countries not particularly friendly to us are happy, because they understand what the future holds and how wonderful it will be. Under our leadership, America once again welcomes business.
This week, I am also moving rapidly to stop the invasion at our southern border. They allowed people to enter the United States at unprecedented levels. It’s absurd. I decided and declared an immediate national emergency at our border, stopping all illegal border crossers—there are many—and swiftly returning these illegal invaders to where they came from.
As you may have seen, this action has already started strongly. I have deployed active-duty U.S. military forces and National Guard units to the border to assist in repelling the invasion. This is effectively an invasion. We will not allow our territory to be violated. After four long years, America is strong, sovereign, and beautiful once again. It is a powerful, sovereign nation.
Moreover, I’m pleased to report that America is once again a free country. On day one, I signed an executive order ending all government censorship. Our government will no longer label our citizens’ speech as misinformation or disinformation—terms favored by censors and those who wish to block the free exchange of ideas, which frankly hinders progress. We have saved free speech in America—and done so very powerfully.
This week, through another historic executive order, I ended the weaponization of law enforcement against the American people and political figures, restoring fair, impartial, and unbiased rule of law. My administration has taken steps to abolish all discriminatory diversity, equity, and inclusion nonsense, which has been absolute absurdity in both government and the private sector. With recent unexpected and great Supreme Court rulings, America will once again become a merit-based nation. You must hear this phrase: a merit-based nation.
I have formally declared that America’s official policy recognizes only two genders, male and female, and we will not allow men to participate in women’s sports. Gender transition surgeries will become very rare.
Finally, as we restore common sense in America, we are moving quickly to rebuild strength, peace, and stability overseas. I will also require all NATO countries to increase defense spending to 5% of GDP—a level that should have been reached years ago. Previously it was 2%, and most nations weren’t paying it before I took office. I insisted they pay, and they did, because previously the U.S. was actually covering the shortfall—an unfair burden on America.
But for years, many things have been unfair to America. Before I took office, my team negotiated a ceasefire in the Middle East—something impossible without our involvement, and I think most here know that. Earlier this week, hostages began returning to their families. They are coming home—beautiful scenes—and more will return. They started coming back on Sunday.
Our efforts to ensure peace negotiations between Russia and Ukraine are now hopefully underway. It is crucial to finish this. It’s an absolute slaughterhouse. Thousands of soldiers are dying. No one has seen such carnage since World War II. They’re falling in flat open fields. It’s flat farmland, with millions of Russians and millions of Ukrainians. No one has seen anything like this since WWII. It must end.
In America, we are approaching major events. Next year marks America’s 250th anniversary. I am honored to serve as president during this time. It’s a grand occasion that’s been discussed for a decade. Additionally, we have the World Cup—I know Gianni Infantino (FIFA President) is in the room. He played a key role in helping us secure the World Cup, and I want to thank him.
Then, we will host the Olympics, another achievement in which I played a pivotal role during my first term. Who would have thought that after skipping a term, I’d still get to host the Olympics? I’d be very unhappy if the Olympics were held in America while I wasn’t president. But as fate—or whatever it may be—would have it, I will be president during the World Cup, the Olympics, and the 250th anniversary. So there will be three major events.
And in less than four days, we’ve achieved more than other administrations have in four years—and we’re just getting started. It’s truly astonishing to see our nation shine so brightly in spirit and glory.
During the previous administration, our nation suffered great losses, but we will restore it and make it greater, larger, stronger, and more beautiful than ever before.
I want to thank you all for being here. I could have come in person instead of two days after the inauguration. I thought it might be a bit fast as a post-inauguration first stop, but we’ll come someday.
I’ve heard the audience is excellent, and many of my friends are among you. Now I’ll take questions from some very distinguished individuals. Thank you very much.
Q&A Session
Stephen Schwarzman, CEO of Blackstone: I want to ask about something I've observed here at Davos. It’s a great forum. As usual, I’ve met many people. I think I’ve been coming here for 30 years. Many European business leaders have expressed deep disappointment with the EU regulatory system. They attribute slowing growth here to many factors, but especially regulation. You’ve taken a completely different approach in this area. I’d be grateful if you could explain the theory behind what you’re doing, how you plan to do it, and what results you expect.
Trump:
Thank you very much. Congratulations, Steve. You’re my friend, but you also have a great career. You’ve had an amazing career, and it continues. I just want to congratulate you. You’ve inspired many people.
I want to talk about the EU because you specifically mentioned it. I also have many friends and national leaders. I got to know them and built good relationships during my first term and these past four years—really like them. But they are very frustrated because everything seems to take so long to get approved—even things that clearly don’t need environmental impact assessments and many other time-consuming processes.
Let me give a simple example. In my personal life, before all this happened, the world was a bit different. I lived a simple and wonderful life. You know that.
But when I lived that simple life, I did projects. I had a big project in Ireland. To improve this project, I needed a certain approval. I got approval from Ireland in one week—very efficient, very good. But they needed four years to process it. The problem was you needed EU approval, which we thought would take five to six years.
I said, this is unbelievable. This was pre-politics. Then I said, wait, is it really that important? I didn’t want to wait five or six years, but it would be a huge investment, very good for the project. I sent someone to the EU to see if we could speed it up—basically just a simple approval needing five or six years, while Ireland gave me approval in one week.
That was the first time I really dealt with the EU, and I realized this was a real problem. I didn’t even bother applying. If I had applied, I quickly withdrew. I must be accurate because I don’t want criticism. We actually did apply. Now I want to be very precise. So I don’t claim I didn’t apply, but if I did, I withdrew quickly. You can’t wait five or six years for approval. So from a big business perspective, many people see this as the issue.
From America’s standpoint, the EU treats us very unfairly, very badly. They have this big tax we all know about, plus VAT, which is enormous. They simply don’t accept our agricultural products or our cars, yet they export millions of cars to us. They impose tariffs on things we want to do. For instance, I think they actually exert very bad influence through non-economic or non-monetary tariffs, making it extremely difficult to bring products into Europe, yet they expect to sell their products in America—and they do sell. So we have hundreds of billions in deficit with the EU, and nobody is happy about it. We’ll take some measures, but no one is satisfied. So I think the EU must speed up its processes. My friends in some EU countries—they’re all good people—want to compete better, but when you can’t move quickly through approval processes, you can’t compete. There’s no reason it can’t be faster.
So I try to take a constructive attitude because I love Europe. I love the individual European nations, but the process is very cumbersome, and they are indeed very unfair to America with VAT and all the other taxes they impose.
One more thing: Finally, I got a call from the head of one of the world’s largest airlines. He said, “Sir, can you help us? Landing in Europe is terrible. They charge us all these fees—it’s so unfair.”
I asked, “How does it compare to China?”
He said, “Much worse.”
Another thing: As you know, they’ve brought lawsuits against Apple and claimed to win a case most people think was nothing. They won $15 billion or $16 billion from Apple. They won tens of billions from Google. I think they’re also claiming billions from Facebook. These are American companies. Whether you like it or not, these are American companies. They shouldn’t do this. In my view, it’s a form of taxation. So we have some very big complaints against the EU.
CEO of TotalEnergies: Mr. President, as we understand, energy is top of your agenda. I feel very honored tonight to represent the energy industry in this panel discussion. TotalEnergies is indeed the fourth-largest oil, gas, and electricity company globally. I won’t ask you about oil prices.
Your expectations are very clear. I’ll focus more on natural gas. Our company is the largest LNG exporter from the United States. We are strong contributors, and we’re investing $20 billion in a major LNG project in Texas. While that’s far less than $200 billion, it’s still $20 billion.
We contribute to Europe’s supply security by exporting this LNG. Some experts worry that if too many LNG projects are developed in the U.S., it could cause inflationary effects on domestic natural gas prices, and they suggest pausing such projects. May I ask you: What is your view on pausing LNG investments in the U.S.? If you observe rising domestic gas prices due to these exports, what would happen?
Lastly, and importantly for Europe: Are you willing to guarantee the security of U.S. LNG supplies to Europe?
Trump:
Well, on the last part of your question—yes, I will. I will guarantee security. If we make a deal, you’ll get a guarantee, because many people face this problem. They made deals, then couldn’t deliver due to war or other issues. So we will absolutely do this.
LNG is very interesting. When I first took office, one of the first things I looked at was two very large plants in Louisiana—a state that treated me very well, where I won many votes. I’m very grateful. They said these two plants had been stuck in environmental review for over ten years. Their cost—as you said, you know how expensive these plants are—but their cost was about $12 billion, I think $14 or $15 billion. But they couldn’t get permits. They reviewed for years, many years—like ten or more.
I said, this is absurd. I know something about this because I’ve been in construction, and I became quite good at it later. But I went there, saw the projects—your total investment is roughly $25–30 billion. It looked like it would never end. They couldn’t get permits. And I got them done in under a week. It was completed. When they announced completion, the countries involved—mainly Japan, another country, some very big investors—they couldn’t believe it. They truly couldn’t believe it.
I said: “Do me a favor. Don’t pay any consultants, because the only one who did it was me.” The reason I could do it was because it was the right thing to do for America and the world. Consultants had nothing to do with it, you know. Consultants come in and say, “Give us millions because Trump did it.” Nobody told me about that. I just heard it had been a problem for years. I could do it because it was the right thing for America and elsewhere. It’s about energy, very important.
So I think this is very important. I think, you know, I differ on this point. I believe the more you do, the lower prices go. What I want to see is rapid approvals. We will get very fast approvals in America. Just like AI campuses—many want to build them. This will be a very big thing. People will build power generation facilities. They’ll build. I’ll let them get approved.
Under emergency declaration, I can approve it myself—no waiting for years.
The biggest issue is we need twice as much energy as the U.S. currently has. Can you imagine? For AI to become truly massive, because it’s very competitive—with China and others. So I will issue an emergency declaration so they can almost start building immediately. And I—this is mostly my idea, because nobody thought it possible. Not that they aren’t smart, because they are the smartest.
But I told them, I want you to build a power plant next to the factory as a separate structure, connected directly. They said, “Wow, you’re joking.” I said, “No, I’m not joking.” You don’t have to connect to the old grid, which might collapse. If it collapses, they have no power. So we’ll allow them to quickly build their factory and build a power plant. They can fuel it with whatever they want, and probably coal as backup—good clean coal. You know, if import pipelines fail—say you use gas or oil, and the pipeline bursts or fails for some reason—some American companies store coal next to their factories to use our clean coal briefly in emergencies. It’s something many people don’t even know. But nothing destroys coal—weather, bombs, nothing. It might shrink or change shape, but coal as backup power is very strong. Having such a facility as backup is very good, and doesn’t cost much more.
We have more coal than anyone, more oil and gas than anyone. So we’ll let factories have their own power generation, directly connected to their plant. They won’t have to worry about utilities, about anything. We’ll get very fast approvals.
Brian Moynihan, CEO of Bank of America: Good afternoon, Mr. President. Congratulations—it’s clearly been a busy week for you and your family. If you recall five years ago, you came here and walked among 150 CEOs from around the world, discussing your policies and procedures with them. You’re not here this year, but indeed a lot has happened this week. The orders you mentioned literally triggered a wave involving immigration, trade, and many other matters. As representatives of America, we receive many questions about what all this means and how the President plans to balance this with his clear focus on growth, prosperity, stock market gains, healthy bond markets, and lower prices.
So how do you see the impact of all these orders, and their speed of issuance, and how will you balance ongoing GDP growth, lowering inflation, and achieving solid stock price gains for American citizens?
Trump:
I think this will actually lower inflation and create more jobs. We’ll have many jobs, and many companies will come in. You know, Brian, our corporate tax rate is 21%. It used to be 40%; I lowered it to 21%. If you look at state and city levels, in many cases, the combined rate is actually higher than 40%. I’ve brought it down to 21%. Now, if you manufacture your product in America, we’ll lower the rate from 21% to 15%—that’s a big “if.” So we’ll have nearly the lowest rate. Twenty-one percent is already low globally; 15% is among the lowest, and among large, wealthy nations, absolutely the lowest—no comparison. If you make your product in America, we’ll cut your rate to 15%. That will trigger a huge response.
We might also restore annual expensing. Its initial impact was stunning. Expensing accumulates over time, then expires. But when we renew the Trump tax plan, we’ll restore this. We need Democrats to approve it. But you know, if Democrats don’t approve, I don’t know how they can withstand about a 45% tax increase, because that’s what it would mean. So I think they’ll cooperate well on this. I think it’s hard for any political group to say, “Let’s raise people’s taxes by 45%.” I think we’re in good shape. We’re also cutting taxes for businesses and small businesses down to 15%—which is fantastic.
By the way, regarding you—just to express thanks, you’ve done an outstanding job—but I hope you can start opening your bank to conservatives, because many conservatives complain banks won’t let them do business, including Bank of America. They don’t accept conservative business. I don’t know if it’s regulators imposing this because of Biden or something else.
But I hope you and Jamie (Jamie Dimon, CEO of JPMorgan Chase), and everyone, can open your banks to conservatives, because what you’re doing is wrong.
Brian Moynihan, CEO of Bank of America: Mr. President, I want to say your friend Gianni Infantino sends his regards—he asked me to say hello. We look forward to sponsoring when the World Cup comes, whether this summer’s club event or next year’s. So thank you for securing this for America.
Trump:
Thank you very much, Brian.
Ana Botín, Executive Chairman of Santander: Mr. President, congratulations on your historic victory. Thank you. I believe you may not know me as well as my peers, so let me say a few words. Santander is one of the banks with the most customers globally—170 million. That’s more than my friends Brian or Jamie have.
We are a major investor in the United States. We have millions of customers, 12,000 employees. We’re one of the largest auto lenders. We recently launched a fully digital bank called OpenBank.
We firmly believe banks play a vital role in the economy—we can accelerate growth and help more customers. That’s what we do in America. So, as Brian pointed out, we greatly welcome your focus on deregulation and reducing bureaucracy. So my question is: What are your priorities in this area? How fast will this process be? Thank you very much.
Trump:
Congratulations. I know your bank very well—you’ve done an outstanding job. Congratulations. We will act very quickly. We’ve already acted swiftly. In the past three days, we’ve done things no one thought possible for years. All of this is taking effect. It will have a massive, positive impact on the economy.
Money is being wasted on some crazy things. I mean, the Green New Deal is so shameful—how all this was implemented. And it was proposed by some average students, even below average, I might add, who never took a course in energy or environment. It’s just a game.
Remember when the world was supposed to end by 2012? Remember that? Well, 12 years have passed. It was supposed to end, everything sink into the earth. But you know, the timing’s off. These people really scared Democrats. I can’t say Republicans. Maybe Republicans could have tried harder to stop it, but it’s been a huge waste.
You know, during my four-year term, we had the cleanest air, the cleanest water, but our economy was the most productive in our nation’s history. We had the most productive economy. Before the pandemic, our economy led in our nation’s history. In fact, look globally—we beat everyone from China to all others. We believe, based on what we’ve learned and everything else that’s happened, we can go far beyond that—actually far beyond.
But we do. One thing we will demand is that other countries give us respect. Canada—we have a huge trade deficit with Canada. We won’t have that anymore. We can’t continue like this. I don’t know if it’s good for them. As you may know, I said you could always become a state. If you’re a state, we wouldn’t have a deficit, we wouldn’t need to impose tariffs on you, etc. But for years, Canada has been hard to deal with. It’s unfair that we should have a $200 or $250 billion deficit. We don’t need them to make our cars—they make many. We don’t need their lumber—we have our own forests, etc. We don’t need their oil and gas. We have more than anyone.
So, for example, our relationship with Mexico—I think handled very well. We just... we simply want fair treatment in relations with other countries, because hardly any country in the world gives us fair treatment. I blame us, blame politicians for some reason—likely mostly stupidity, could be other reasons, but mostly stupidity. They allowed other countries to take advantage of America, and we can’t let that happen anymore. You know, we have debt. But when compared to the value of our assets, it’s very small. But we don’t want it. We want the debt eliminated, and we’ll be able to do that quite rapidly. Many good things will happen. Frankly, good things will happen to the world, to those trading with us—whether allies or not. One very important thing: I really hope to meet President Putin as soon as possible to end that war.
It’s not about economics or anything else—it’s about millions of lives being wasted. Beautiful young people shot on battlefields. You know, bullets fly over very flat land, as I said, with no hiding places—only human bodies can block bullets. You have to see—I’ve seen photos of what’s happening—pure slaughter. We really must stop this war. This war is horrific. I’m not talking about economics, I’m not talking about resources. I’m just saying, so many young people are being killed in this war. Not to mention those dying as cities are destroyed building by building. So we really should stop this.
Similarly, in the Middle East, I think we’ve made great progress, and I believe things will go very well.
Børge Brende, President of the World Economic Forum: Thank you, Mr. President. We know the most important relationship in the world is between the United States and China. The U.S. accounts for 28% of the global economy, China nearly 20%—almost half of global GDP. We heard you spoke with President Xi last Friday, and we understand it was a good discussion. Looking ahead to the next four years under your leadership, how do you see U.S.-China relations?
Trump:
He called me. But I think relations will be very good. I think we’ll have very good relations. All we want is fairness. We just want a level playing field. We don’t want to take advantage. The deficit with China is huge. Biden let it run wild. His $1.1 trillion deficit is absurd—a completely unfair relationship. We must make it fair. We don’t need to make it extraordinary. We need a fair relationship. Right now, it’s not fair. The deficit is huge, just like with many other countries—actually, many Asian nations.
Our deficit is very large—we can’t continue like this, so we won’t. But I like President Xi very much. I’ve always liked him. We’ve always had good relations.
When the pandemic emerged from Wuhan, the relationship became very tense—obviously, that made many people nervous, but it also strained our relationship. But I can say we’ve always had good relations, and we look forward to good cooperation and getting along well with China. Hopefully, China can help us stop this war—especially between Russia and Ukraine. They have enormous influence over the situation. We’ll work with them—I mentioned this in my call with President Xi—and hope we can work together to stop the war. We want to see denuclearization.
In fact, before the election results, talks with President Putin were very absurd—we were discussing bilateral denuclearization, and China would be involved. China currently has far fewer nuclear weapons than we do, or much smaller scale, but within the next four to five years, they’ll gradually catch up.
I tell you, President Putin really likes the idea of reducing nuclear weapons. I think other countries will follow, and China will join. China is interested too. Huge amounts of money are spent on nuclear weapons, and destructive capabilities we simply don’t want to discuss today—because you don’t want to hear it, it’s too depressing. So we want to see if denuclearization is possible, and I can tell you, President Putin wants it. He and I want it. We’ve had good conversations with China.
They will be involved, and it would be an incredible thing for the planet. I hope we can restart this.
Børge Brende, President of the World Economic Forum: Mr. President, when you return to Davos next year, will there be a peace agreement between Ukraine and Russia?
Trump:
Well, you have to ask Russia. Ukraine is ready to make a deal. To help you understand—this is a war that should never have started.
If I were president, this war would never have started. This is absolutely a war that should never have begun. During my presidency, no one even talked about starting a war. I know it’s something close to Putin’s heart, but I also knew he would never move. He wouldn’t enter Ukraine. Then after I left, some bad things happened, lots of stupid talk, leading to the current outcome. Now you have all these bombed cities—look like demolition sites—many lives lost. I think you’ll find, on Ukraine, that the number of dead is far higher than reported—I’ve seen that. Actually, far, far more people have died.
When you see a city turned into a demolition site, buildings destroyed by missiles, everything like that, and they say only one person was lightly injured—no, no, many have died. These are large buildings. I’m amazed—this was my industry. Buildings two or three blocks long, 20 stories high, massive and strong, destroyed, with many people inside, and they announce only two injured. That’s not true. So I believe you’ll find far more people killed in the Ukraine war than anyone imagines.
But if you look now, many of the dead are soldiers, shooting at each other with guns, rifles, drones—drones are the new form of warfare. It’s very tragic. When you see the photos of those fields I’ve seen, no one wants to see such sights. You’ll never be the same again.
Børge Brende, President of the World Economic Forum:
Thank you very much, Mr. Chairman, on behalf of the 3,000 participants here in Davos.
We are truly grateful that on the third day of your presidency, you streamed live and answered our questions here. We are ready to welcome you in person next year.
So thank you very much, and best wishes to you.
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