Accessibility help Skip to navigation Skip to content Skip to footer

The World 2023

Global capitalism has life in it yet; US and China on ominous path; geopolitics threatens Davos ideal; Russia’s energy weapon splutters; US ‘recession’; Big Tech ‘correction’; supply chain dangers; Xi’s third term; the old commercial certainties fade

© Saul Loeb/AFP via Getty Images

Davos: There’s life in global capitalism yet
Rumours of the demise of international business and trade have been exaggerated
US-China relations pursue an ominous path
The suspicion is that President Biden’s competition imperative will take precedence over his co-operative one
Geopolitics threatens to destroy the world Davos made
World Economic Forum delegates fear that a long period of peace and economic integration could be coming to a close
Russia’s energy weapon fails to fire as required
European economies display more resilience to a squeeze on gas supplies than predicted
Federal Reserve keeps faith in a US ‘soft landing’
Wall Street is more pessimistic about the prospect of recession
Post-pandemic downturn enforces Big Tech ‘correction’
Leading companies’ latest earnings suggest expansionist era might be approaching its end

More from this Special Report