President of the World Economic Forum (WEF), Borge Brende, expressed concerns about the geopolitical landscape as the organization plans for its annual meeting in 2025. Brende noted that the world is currently facing a “geopolitical recession,” characterized by increased polarization and competition among nations, leading to less global cooperation. Despite this challenging environment, Brende remains optimistic about the global economy, expecting over 3% growth in the coming year.
Brende highlighted the critical nature of the year ahead for Europe, emphasizing the need for the EU to navigate through ongoing conflicts and economic challenges. With uncertainty surrounding the future world order, Brende suggested that the new order may lean towards a more multi-polar structure, with a significant role for the United States.
Regarding the election of President Donald Trump, Brende noted that the focus on U.S. national interests may shape the evolving global order. He emphasized the importance of identifying areas for collaboration, such as combating cybercrime and addressing climate change, during the upcoming Davos meeting to pave the way for a more cooperative and sustainable future.
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