Davos to welcome Trump virtually as he takes on US presidency, world awaits policies ...Middle East

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Trump will return to the White House on Jan. 20, with his inauguration coinciding with the start of the 55th annual meeting of political and business leaders in the Swiss resort.

Among the other global leaders due to attend the meeting, which will include 60 heads of state and government, are European Commission President Ursula von der Leyen and China's vice premier Ding Xuexiang, WEF President and CEO Borge Brende said during a press conference on Tuesday.

“There is a lot of interest to decipher and to understand the policies of the new administration, so it will be an interesting week,“ Brende said.

Business leaders have become more optimistic about the economy given Trump's pledges to reduce regulations, potentially cut taxes and ease restrictions on activities including mergers and acquisitions, Rich Lesser, global chair of Boston Consulting Group, told Reuters ahead of the meeting.

“The complex web of geopolitics, the intersection with tariffs, the intersection with supply chains, competitiveness differentiation will be a major theme,“ Lesser added.

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