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Based around the idea of a improving the state of the world, the World Economic Forum is holding its annual meeting right now in Davos, Switzerland. Leaders of governments, companies and societies from around the world are gathered at the mountain resort. And the forum's 48th yearly meeting is dedicated to creating what it calls a shared narrative to improve the state of the world.
That maybe easier said than done. One reason, an issue that's become increasingly important to many members of the World Economic Forum is globalization, the idea of governments and businesses working more closely with each other and becoming more integrated.
Globalization is controversial. Its supporters say it's created jobs and industries in poorer countries, led to lower prices for goods and helped nations work together toward solving the world'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 of nations.
U.S. President Donald Trump who's at the forum has spoken out against globalization in the past. He's also said his administration's America first policy would prioritize Americans when it comes to issues like international trade or foreign affairs. Because that contrast with the vision of leaders like French President Emmanuel Macron, who's spoken in favor of globalization and governments working more closely together, President Trump's speech and the reactions to it will be closely watched when he gives it on Friday.
