Davos is back and the world has changed. Have the global elite noticed?
CNN
The last time top politicians, CEOs and billionaires gathered in a Swiss mountain village to discuss society's biggest problems and pitch their solutions, the coronavirus outbreak in China was little more than a remote threat. The economy was humming, and a major armed conflict in Europe was on nobody's list of major risks.
More than two years later, the world has been upended by the Covid-19 pandemic and Russia's invasion of Ukraine. But for the rich and powerful arriving in Davos, Switzerland for the World Economic Forum, very little has changed.
"Davos is the epitome of one of the greatest challenges to society right now, which is self-congratulatory elites," said Jeffrey Sonnenfeld, a Yale management professor who speaks regularly with many well-known executives.
The US government on Thursday banned internet service providers (ISPs) from meddling in the speeds their customers receive when browsing the web and downloading files, restoring tough rules rescinded during the Trump administration and setting the stage for a major legal battle with the broadband industry.