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Anti-globalists crash Davos party, warn elites socialism endangers the West

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Anti-globalists crash Davos party, warn elites socialism endangers the West

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World and business leaders speaking at last week’s Davos World Economic Forum hit attendees with some hard truths about the global and political tumult they face, led by Argentina’s firebrand President Javier Milei claiming that “the Western world is in danger.”

Milei said the West “is in danger because those who are supposed to have defended the values of the West are co-opted by a vision of the world that inevitably leads to socialism and thereby to poverty.”

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“Unfortunately, in recent decades, motivated by some well-meaning individuals willing to help others, and others motivated by the wish to belong to a privileged caste, the main leaders of the Western world have abandoned the model of freedom for different versions of what we call collectivism,” he continued. 

“We’re here to tell you that collectivist experiments are never the solution to the problems that afflict the citizens of the world, rather they are the root cause,” Milei insisted. “Do believe me, no one [is] in a better place than us Argentines to testify to these two points.” 

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An attendee writes on a Rebuilding Trust whiteboard inside the Congress Center at the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 18, 2024. (Stefan Wermuth/Bloomberg via Getty Images)

“Do not be intimidated by parasites who live off the state, do not surrender to the political class that only wants to stay in power and retain its privileges,” Milei concluded. “You are social benefactors, you are heroes, you are the creators of the most extraordinary period of prosperity we’ve ever seen.”

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The conference, held in Davos, Switzerland, from Jan. 15 to 19, included leaders from various industries and nations, celebrities and billionaires. Davos famously draws criticism for promoting a green agenda, as reports claimed up to 1,000 private jets carried conference goers to the meeting.

Argentina’s President Javier Milei delivers a speech at the World Economic Forum in Davos on Jan. 17, 2024. (Fabrice Coffrini/AFP via Getty Images)

In addition to the annually highlighted hypocrisy of the attendees, Heritage Foundation President Kevin Roberts spoke on the sidelines after his panel at the forum about his shock at receiving an invitation, but said he cherished the opportunity to give voice to “forgotten people.” 

“There’s a lot of these forgotten people, as I’ve come to learn over the last few years [who are] small business owners, people who scraped and saved,” he said, adding that many aren’t often inherently political. “They all believe the same thing, which is that the American Dream is slipping away from them.”

“It’s laughable that you or anyone would describe Davos as ‘protecting liberal democracy,’” Roberts added. “It’s equally laughable to use the word ‘dictatorship’ at Davos and aim that at President Trump. In fact, I think that’s absurd.”

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The Zurich Kloten Airport is busy with private and VIP planes of the participants of the World Economic Forum in Davos, in Switzerland, on Jan. 18, 2024. (Piero Cruciatti/Anadolu via Getty Images)

During his panel, Roberts stressed that “the very reason that I’m here at Davos, is to explain to many people in this room and who are watching, with all due respect, nothing personal, but that you’re part of the problem.”

“I’ll be candid here, because I think I’ve been invited here to be candid: The kind of person who will come into the next conservative administration is going to be governed by one principle, and that is destroying the grasp that political elites and unelected technocrats have over the average person,” he said. 

Former President Donald Trump on July 1, 2023, in Pickens, South Carolina. (AP Photo/Meg Kinnard)

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Former President Trump found some surprising support from unlikely sources, including JPMorgan Chase CEO Jamie Dimon, who praised Trump’s handling of some issues, including the economy and China. 

“I think we should stop insulting the other side, including ‘MAGA,’” Dimon told FOX Business’ Maria Bartiromo in an interview that aired on “Mornings with Maria” ahead of the Davos conference. 

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“I’ve mentioned publicly many times that a lot of people have voted for President Trump, not because they believe in his family values, but they look at some of the things he did,” Dimon continued. “He grew the economy. He was right about NATO, they spend more money. He was right… about China. He was right that… some regulations do not cause positive output.”

“So, that’s why they’re voting for him, and I think the Democrats should be a little more thoughtful when they talk about ‘MAGA,’” he added. “I don’t like how he said things about Mexico […] but he wasn’t wrong about some of these critical issues, and that’s why they’re voting for him.”

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Blackstone CEO Steve Schwarzman argued that the Biden administration’s approach to a range of issues, including the border and economy, has proven too much for the U.S. and he doubts it can handle a second Biden term. 

“We’ve now got $2 trillion deficits with no end in sight, we’ve got our debt to GDP going up, we’ve got open borders with 8 million people coming over,” Schwarzman said during an interview with Bloomberg. “I don’t know that the country, frankly, is prepared for four more years of that, because those things all poll very negatively, so I can’t really project what would happen.” 

He also lamented the significant drop in commercial real estate value – of which Blackstone stands as the largest holder – and that “no one wants to buy,” which in turn is creating a lot of “interesting” investments. He would not be drawn on speculation about the U.S. election more broadly, saying only that he wants to see “how the game plays.” 

Visitors attend the Crystal Awards at the World Economic Forum in Davos, Switzerland on Jan, 15, 2024. (Halil Sagirkaya/Anadolu via Getty Images)

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Greece’s conservative Prime Minister Kyriakos Mitsotakis warned that “one needs to be very careful in this environment where everyone is pointing the finger at populists, not to alienate the people who actually vote for them, because some of these grievances are actually very real. People feel that they are left behind by globalization. The fact that wages have not really increased, inflation is really hitting lower-income households – these are real grievances.”

Open Society Foundations Chairman Alex Soros, son of the controversial Democrat mega-donor George Soros, surprised some with his comments that “the Davos consensus is always wrong.” Soros was discussing whether Donald Trump would once again be president. 

Fox News Digital’s Gabriel Hays, Timothy H.J. Nerozzi and Sarah Rumpf-Whitten and FOX Business’ Charles Creitz contributed to this report. 

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Mercosur: How Macron’s domestic weakness undercut his Brussels clout

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The French president’s failure to assemble a blocking minority against the Mercosur deal underscores how his domestic weakness is undermining his clout in Brussels. By contrast, EU Commission President Ursula von der Leyen and Germany have secured an important victory.

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‘If it expires, it expires,’ Trump tells NYT about US-Russia nuclear treaty

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‘If it expires, it expires,’ Trump tells NYT about US-Russia nuclear treaty
  • Trump appears little concerned with treaty expiration
  • Treaty expires on February 5
  • Putin has offered to keep limits if US does
  • China says it would not be ‘reasonable nor realistic’ to ask Beijing to join the treaty
WASHINGTON, Jan 8 (Reuters) – U.S. President Donald Trump indicated he would allow the last U.S.-Russia strategic arms control treaty to expire without accepting an offer from Moscow to voluntarily extend its caps on deployments of the world’s most powerful nuclear weapons, according to remarks released on Thursday.

“If it expires, it expires,” Trump said of the 2010 New START accord in an interview he gave to the New York Times on Wednesday. “We’ll just do a better agreement.”

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Arms control advocates fear the world’s two biggest nuclear powers will begin deploying strategic warheads beyond the pact’s limits after it expires on February 5, hastening an erosion of the global arms control regime.

“There are plenty of advocates in the Trump administration … for doing exactly that,” said Thomas Countryman, a former top State Department arms control official who chairs the board of the Arms Control Association advocacy group.

A White House spokesperson referred Reuters to Trump’s comments when asked if he will accept an offer, opens new tab made in September by Russian President Vladimir Putin for the sides to voluntarily maintain the limits on strategic nuclear weapons deployments after New START expires.
Trump said in July he would like to maintain the limits set out in the treaty after it expires.

The agreement limits the U.S. and Russia to deploying no more than 1,550 warheads on 700 delivery vehicles – missiles, bombers and submarines.

New START cannot be extended. As written, it allowed one extension and Putin and former U.S. President Joe Biden agreed to roll it over for five years in 2021.

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Trump told the New York Times that China, which has the world’s fastest-growing strategic nuclear force, should be included in a treaty that replaces New START.

Beijing, seen by the U.S. as its main global rival, has spurned that proposal since Trump promoted it in his first administration, asserting the Russian and U.S. nuclear forces dwarf its arsenal.

“You probably want to get a couple of other players involved also,” Trump said.

The Chinese Embassy in Washington said it would be “neither reasonable nor realistic to ask China to join the nuclear disarmament negotiations with the U.S. and Russia.”

“China always keeps its nuclear strength at the minimum level required by national security, and never engages in arms race with anyone,” spokesperson Liu Pengyu said when reached for comment.

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A Pentagon report last month said China is likely to have loaded more than 100 intercontinental ballistic missiles across its latest three silo fields and has no desire for arms control talks.

New START has been under serious strain since Moscow announced in February 2023 it was halting participation in procedures used to verify compliance with its terms, citing U.S. support for Ukraine in its fight against Russia.

The U.S. followed suit that June, suspending its participation in inspections and data exchanges, although both sides have continued observing the pact’s limits.

Reporting by Jonathan Landay and Jasper Ward in Washington; Editing by David Ljunggren, Rosalba O’Brien and Chris Reese

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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Venezuela teeters as guerrilla groups, cartels exploit Maduro power vacuum

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Venezuela teeters as guerrilla groups, cartels exploit Maduro power vacuum

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Venezuela is teetering on the edge after the U.S. capture and arrest of former President Nicolás Maduro, as armed militias, guerrilla groups and criminal networks threaten a path toward stability, according to reports.

As interim President Delcy Rodríguez assumes control, backed by President Trump’s administration, analysts have warned that the country is completely saturated with heavily armed groups capable of derailing any progress toward stability.

“All of the armed groups have the power to sabotage any type of transition just by the conditions of instability that they can create,” Andrei Serbin Pont, a military analyst and head of the Buenos Aires-based think tank Cries, told The Financial Times.

“There are parastate armed groups across the entirety of Venezuela’s territory,” he said.

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Venezuelan President Nicolás Maduro, who, according to the State Department, leads the Cartel de los Soles, beside members of the Venezuelan Tren de Aragua gang in an apartment building in Aurora, Colorado. (Jesus Vargas/Getty Images; Edward Romero)

Experts say Rodríguez must keep the regime’s two most powerful hardliners onside: Interior Minister Diosdado Cabello and Defense Minister Vladimir Padrino.

“The focus is now on Diosdado Cabello,” Venezuelan military strategist José García told Reuters, “because he is the most ideological, violent and unpredictable element of the Venezuelan regime.”

“Delcy has to walk a tightrope,” said Phil Gunson, a Crisis Group analyst in Caracas.

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“They are not in a position to deliver any kind of deal with Trump unless they can get the approval of the people with the guns, who are basically Padrino and Cabello.”

Since Maduro’s removal, government-aligned militias known as “colectivos” have been deployed across Caracas and other cities to enforce order and suppress dissent.

“The future is uncertain, the colectivos have weapons, the Colombian guerrilla is already here in Venezuela, so we don’t know what’s going to happen, time will tell,” Oswaldo, a 69-year-old shop owner, told The Telegraph.

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Demonstrators critical of the government clash with the security forces of the state. After the last conflict-laden days, interim president Guaido, with the support of his supporters, wants to continue exerting pressure on head of state Maduro. (Rafael Hernandez/picture alliance/Getty Images)

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As previously reported by Fox News Digital, armed motorcyclists and masked enforcers have erected checkpoints in the capital, searching civilians’ phones and vehicles for signs of opposition to the U.S. raid.

“That environment of instability plays into the hands of armed actors,” Serbin Pont added.

Outside the capital, guerrilla groups and organized crime syndicates are exploiting the power vacuum along Venezuela’s borders and in its resource-rich interior.

Guerrillas now operate along Venezuela’s 2,219-kilometer border with Colombia and control illegal mining near the Orinoco oil belt.

The National Liberation Army (ELN), a Colombian Marxist guerrilla group with thousands of fighters and designated a U.S.-designated terrorist organization, has operated in Venezuela as a paramilitary force.

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Armed colectivos deploy across Venezuelan cities while guerrilla groups control borders following former President Nicolás Maduro’s capture. (Juancho Torres/Anadolu via Getty Image)

Elizabeth Dickson, Crisis Group’s deputy director for Latin America, said the ELN “in Venezuela … has essentially operated as a paramilitary force, aligned with the interests of the Maduro government up until now.”

Carlos Arturo Velandia, a former ELN commander, also told the Financial Times that if Venezuela’s power bloc fractures, the group would side with the most radical wing of Chavismo.

Colectivos also function as armed enforcers of political loyalty.

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“We are the ones being called on to defend this revolutionary process radically, without hesitation — us colectivos are the fundamental tool to continue this fight,” said Luis Cortéz, commander of the Colectivo Catedral Combativa.

“We are always, and always will be, fighting and in the streets.”

Other armed actors include the Segunda Marquetalia, a splinter group of Colombia’s former FARC rebels. Both guerrilla groups work alongside local crime syndicates known as “sistemas,” which have ties to politicians.

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The Tren de Aragua cartel, designated a foreign terrorist organization by the U.S., has also expanded across Venezuela and into Colombia, Chile and the U.S.

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As reported by Fox News Digital, an unsealed indictment alleges Maduro “participates in, perpetuates, and protects a culture of corruption” involving drug trafficking with groups including Mexico’s Sinaloa Cartel, the ELN, FARC factions and Tren de Aragua, with most of the problematic groups named.

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