Based around the idea of a improving the state of the world, the World Economic Forum isholding its annual meeting right now in Davos, Switzerland. Leaders of governments, companiesand societies from around the world are gathered at the mountain resort. And the forum's48th yearly meeting is dedicated to creating what it calls a shared narrative to improve thestate of the world.
That maybe easier said than done. One reason, an issue that's become increasingly importantto many members of the World Economic Forum is globalization, the idea of governments andbusinesses working more closely with each other and becoming more integrated.
Globalization is controversial. Its supporters say it's created jobs and industries in poorercountries, led to lower prices for goods and helped nations work together toward solving theworld's problems. Its opponents say it's led to bad working conditions in poorer countries,given certain companies too much influence in the world and eroded the individual cultures ofnations.
U.S. President Donald Trump who's at the forum has spoken out against globalization in thepast. He's also said his administration's America first policy would prioritize Americans when itcomes to issues like international trade or foreign affairs. Because that contrast with thevision of leaders like French President Emmanuel Macron, who's spoken in favor of globalizationand governments working more closely together, President Trump's speech and the reactionsto it will be closely watched when he gives it on Friday.