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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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Iran Live Updates: Global Markets Tumble After U.S. Warns War Could Last Weeks

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President Trump is meeting Germany’s leader at the White House after sidelining his European allies in the decision to attack Iran. Oil and gas prices surged and stock markets fell, after U.S. and Israeli officials signaled that strikes on Iran would intensify.

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Ambassador Huckabee describes ‘best option’ for Americans looking to flee Israel

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Ambassador Huckabee describes ‘best option’ for Americans looking to flee Israel

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U.S. Ambassador to Israel Mike Huckabee described what he believes is the “best option” for Americans looking to flee Israel amid the ongoing unrest across the Middle East. 

Huckabee said overnight, “We are getting a lot of requests regarding evacuating from Israel from American citizens who are currently in Israel or who have family here,” and that there are “very limited” options available. 

“As of now, the best is utilizing Israel’s Ministry of Tourism shuttle bus to Taba, Egypt and getting flights from there or going on to Cairo for flights back to the U.S.,” Huckabee said on X. “Not sure when Ben Gurion Airport in Tel Aviv will reopen.  Hopefully soon, but even when it does, there will be VERY limited flights with priorities to those who already were ticketed by El Al. Doubtful that other airlines will fly in/out for a while.” 

“The Ministry of Tourism is operating buses to Taba. That crossing is further away, but it’s open 24/7. There are some flights from Taba, but there are also options to get to Cairo, and it’s operating normally except to Middle Eastern countries. To get out, it’s the best option for now,” Huckabee added. 

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U.S. Ambassador to Israel Mike Huckabee, left, and emergency personnel at the site of an Iranian missile strike on a residential building in Tel Aviv, Israel, on March 1, 2026. (Alex Brandon/Pool/AFP via Getty Images; Ronen Zvulun/TPX Images of the Day/Reuters)

Huckabee also said he does not recommend Americans exit via Jordan at this time, as “Flights are not consistent and access across the Allenby crossing has limited hours.” 

“All of our personnel from [the] embassy are sheltering in place, but I realize you may need to get people out and back home and not continue to incur hotel costs,” the ambassador wrote. 

NETANYAHU INSISTS US AND ISRAEL’S STRIKES ON IRAN WON’T LEAD TO ‘ENDLESS WAR’

People take shelter in Tel Aviv on Sunday, March 1, 2026, after Iran launched missile barrages following attacks by the U.S. and Israel on Saturday. (Ronen Zvulun/Reuters)

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U.S. Embassy Jerusalem said in a statement early Tuesday morning that it is “not in a position at this time to evacuate or directly assist Americans in departing Israel.” It also mentioned the Israeli Ministry of Tourism’s buses to Taba.

“To be added to the passenger list for a shuttle, you must register via the Ministry’s evacuation form,” it said.  

A firefighter works to put out a fire in Tel Aviv after Iran launched missiles into Israel on Saturday, Feb. 28, 2026. (Tomer Appelbaum/Reuters)

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“The U.S. Embassy cannot make any recommendation (for or against) the Ministry of Tourism’s shuttle. If you choose to avail yourself of this option to depart, the U.S. government cannot guarantee your safety,” it added. 

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Is Iran expanding attacks to target energy and civilian sites in the Gulf?

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Is Iran expanding attacks to target energy and civilian sites in the Gulf?

Hours after Israel and the United States launched attacks on Iran on Saturday, Tehran launched retaliatory strikes on Israel and US military assets located in several Gulf countries.

Iran has since struck targets in Israel as well as US military assets in Bahrain, Saudi Arabia, Qatar, Iraq, and the United Arab Emirates (UAE).

While the Iranian attacks initially focused on US military assets, Gulf states said Tehran has expanded attacks targeting civilian infrastructure including hotels, airports and energy facilities.

What sites has Iran hit in Gulf countries?

US military assets

On Saturday, Bahrain said that a missile attack targeted the headquarters of the US Navy’s 5th Fleet, located in the capital, Manama.

Kuwait’s Defence Ministry said that Ali al-Salem airbase came under attack by a number of ballistic missiles, all of which were intercepted by Kuwaiti air defence systems.

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In Qatar, the Defence Ministry says it “thwarted” attacks on the country in accordance with a “pre-approved security plan”, intercepting “all missiles” before they reached the country’s territory. On Saturday, Iran had targeted the Al Udeid airbase, which hosts the US forces, the government said.

Over the past four days of the conflict, attacks on Gulf countries have intensified, and governments in the region say they have intercepted large numbers of Iranian missiles and drones.

Bahrain said its air defence systems have destroyed 73 missiles and 91 drones launched by Iran since the start of the latest conflict.

The UAE Defence Ministry spokesperson said that 186 missiles were launched and 172 of them were destroyed. One missile landed on UAE territory. Additionally, 812 Iranian drones were monitored, and 755 of them were intercepted.

Qatar’s Ministry of Defence said that three cruise missiles were detected and intercepted since Saturday. Additionally, 101 ballistic missiles were detected, and 98 were intercepted. Thirty-nine drones were detected, and 24 were intercepted. On Monday, the Qatari Defence Ministry said in a statement that the air force downed two Iranian SU-24 fighter jets.

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US embassies

Early on Tuesday, a “limited fire” broke out at the US embassy in the Saudi capital of Riyadh after it was hit by two drones. The attack caused “minor material damage” to the compound, the Saudi Ministry of Defence said in a statement.

Black smoke was ⁠seen rising over Riyadh’s Diplomatic Quarter, which houses foreign missions, after the attack, the Reuters news agency reported.

The Ministry of Foreign Affairs in Kuwait released a statement on Tuesday saying that a “treacherous Iranian attack” targeted the US embassy building in Kuwait. This came a day after videos emerged that showed smoke emerging from near the embassy in Kuwait City.

The statement called the attack a “flagrant violation of all international norms and laws, including the Geneva Conventions of 1949 and the Vienna Convention of 1961 on Diplomatic Relations, which grant immunity to diplomatic buildings and their staff even in cases of armed conflict.”

On Monday, three US jets crashed in Kuwait. The US military blamed the crash on “friendly fire”, but a Kuwaiti statement did not give a reason for the incident.

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The US embassy in Kuwait on Tuesday suspended operations until further notice, citing the “ongoing regional tensions”.⁠

Energy infrastructure

Qatar’s state-run energy firm and the world’s largest producer of liquefied natural gas (LNG), QatarEnergy, announced on Monday that it had halted LNG production following Iranian attacks on its operational facilities in Ras Laffan and Mesaieed in Qatar.

Iranian officials have publicly denied targeting QatarEnergy.

Saudi Arabia shut down operations at the Ras Tanura plant, its biggest domestic oil refinery operated by Saudi Aramco, after a fire broke out at the facility that officials said was caused by debris from the interception of two Iranian drones.

Iran’s Tasnim News Agency quoted an unnamed Iranian military source as saying: “The attack on Aramco was an Israeli false flag operation,” adding that Israel’s goal was “to distract the minds of regional countries from its crimes in attacking civilian sites in Iran.”

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“Iran has announced frankly that it will target all American and Israeli interests, installations and facilities in the region, and has attacked many of them so far, but Aramco facilities have not been among the targets of Iranian attacks so far,” the source told the agency.

Tasnim quoted the source as saying: “According to data provided to us by intelligence sources, the port of Fujairah in the UAE is also one of the next targets of the Israelis in the false flag operation, and this regime intends to attack it.”

Airports

Airports have been targeted in Abu Dhabi and Dubai in the UAE, and also in Erbil, the capital of the autonomous Kurdish region in Iraq. Officials have blamed Iran for the strikes, though Tehran has not publicly claimed responsibility for the attacks on those facilities.

An Al Jazeera correspondent reported that Erbil International Airport was targeted twice on Saturday, with a drone attempting to target the airport and air defences intercepting and shooting it down.

Qatar’s Foreign Ministry spokesperson Majed al-Ansari told a news conference on Tuesday that there were attempts to attack Hamad International Airport, but they all failed.

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At Abu Dhabi’s Zayed International Airport, at least one person was killed and seven wounded during what the facility’s authority called an “incident.”

The Dubai media office wrote in an X post that part of Dubai International Airport “sustained minor damage in an incident”, without specifying what the incident was or who was behind it.

The region’s airspace, one of the busiest in the world, has been closed in the wake of the conflict, stranding tens of thousands of travellers. About 20,000 passengers have been stranded in the UAE, while almost 8,000 people are also stuck in transit in Qatar as the airspace remains closed.

Qatar Airways, Emirates and Etihad, which together operate more than 1,000 flights daily, have suspended operations. Emirates on Monday announced limited flight resumption, but normal operations have not started.

Hotels and residencies

The Interior Ministry of Bahrain said on Saturday that several residential buildings in Manama had been hit, reporting on X that the civil defence was engaged in firefighting and rescue operations at the affected sites.

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On Saturday, Iran fired 137 missiles and 209 drones across the UAE, its Ministry of Defence said, with fires and smoke reaching the Dubai landmarks of Palm Jumeirah and Burj Al Arab.

Videos circulating on social media showed smoke emerging from the entrance of a five-star luxury hotel, Fairmont The Palm, in the Palm Jumeirah area.

Qatar’s Foreign Ministry spokesperson al-Ansari said on Tuesday that Iranian targets are not just military, but all of the country’s territory. He did not go into detail about which parts of Qatar are specifically being targeted.

Al-Ansari said that all red lines have been crossed; from the north to the south of Qatar, Al Jazeera’s Laura Khan reported from Doha, Qatar.

Iranian Foreign Minister Abbas Araghchi said Tehran had targeted a hotel complex in Bahrain because it was hosting US soldiers.

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“We are not targeting our brothers or neighbours in the Persian Gulf. But we are targeting US targets, and this is clear,” Araghchi said on Tuesday.

“We started by attacking their military bases, and they evacuated their military bases and moved them to hotels and created human shields for themselves. We try to target military personnel, infrastructure and facilities helping the US and its army in launching operations against Iran.”

Why is Iran targeting civilian infrastructure in the Gulf?

One of the reasons why the Iranians are resorting to hitting civilian infrastructure in neighbouring countries is to “demonstrate their military capabilities,” Luciano Zaccara, Iran and Gulf analyst at Qatar University, told Al Jazeera.

“Iran is retaliating against all the attacks, not in one place, but in almost 10 simultaneously,” he said.

“The other thing is the political message they want to give that if Iran is attacked, the impact will be global,” Zaccara said, noting that the main message is that not only Iran, but the economy of the whole region, will be affected.

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“And neither the US, the region, nor the consumers of energy are able to continue this way,” he said.

Zaccara added: “But at this point, they [Iran] don’t care that much, considering that they have been under sanctions for a long time. So it’s not affecting the Iranian economy that much. And the fact that the oil price is going up – even though they export very little – means they are still surviving.”

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