WEBVTT

96f2ad04-2486-4077-83da-5e2d7ddc66d8-0
00:00:00.120 --> 00:00:01.200
Hello from Davos.

7d3182b5-398c-40fb-94f9-3c53a81a8f36-0
00:00:02.200 --> 00:00:06.060
As we conclude this week here in
the Swiss mountains, I must say

7d3182b5-398c-40fb-94f9-3c53a81a8f36-1
00:00:06.060 --> 00:00:09.327
it's one of the most interesting
Davos weeks I've ever

7d3182b5-398c-40fb-94f9-3c53a81a8f36-2
00:00:09.327 --> 00:00:10.040
experienced.

fbf69d2a-133d-42a5-8aa5-47a95cf1cb12-0
00:00:11.120 --> 00:00:15.609
In fact, the inauguration of the
new US administration and its

fbf69d2a-133d-42a5-8aa5-47a95cf1cb12-1
00:00:15.609 --> 00:00:20.170
impact on the global world order
was one of the prime topics we

fbf69d2a-133d-42a5-8aa5-47a95cf1cb12-2
00:00:20.170 --> 00:00:21.240
discussed here.

31466a9e-39f1-499c-8ff1-622d5fc3f011-0
00:00:22.640 --> 00:00:26.013
The range of opinions voiced by
public figures couldn't have

31466a9e-39f1-499c-8ff1-622d5fc3f011-1
00:00:26.013 --> 00:00:27.120
been more divergent.

b9891568-85b8-4522-abb1-b1881b988da9-0
00:00:28.200 --> 00:00:32.264
On one side, we had Ursula von
der Leyen, the president of the

b9891568-85b8-4522-abb1-b1881b988da9-1
00:00:32.264 --> 00:00:35.747
EU Commission, and also the
Chinese Vice Premier Ding

b9891568-85b8-4522-abb1-b1881b988da9-2
00:00:35.747 --> 00:00:39.747
Xuexiang, who emphasized the
importance of multilateral trade

b9891568-85b8-4522-abb1-b1881b988da9-3
00:00:39.747 --> 00:00:41.359
and global collaboration.

faa51233-ec98-4390-ae4e-f21fc7be683f-0
00:00:42.360 --> 00:00:46.110
On the other side, President
Trump just announced new

faa51233-ec98-4390-ae4e-f21fc7be683f-1
00:00:46.110 --> 00:00:49.582
realities in tariffs, in
immigration, in national

faa51233-ec98-4390-ae4e-f21fc7be683f-2
00:00:49.582 --> 00:00:52.360
security to the audience here in
Davos.

46050598-23d2-45b5-b51a-cdf9232c6e2f-0
00:00:54.200 --> 00:00:56.760
So what does this mean for
global business leaders?

6c0c5548-945a-4ab1-868a-fb88c3c217b3-0
00:00:57.680 --> 00:01:02.142
Well, the new reality is that we
are moving more and more towards

6c0c5548-945a-4ab1-868a-fb88c3c217b3-1
00:01:02.142 --> 00:01:05.726
a multipolar world where
businesses need to navigate

6c0c5548-945a-4ab1-868a-fb88c3c217b3-2
00:01:05.726 --> 00:01:09.715
through different trade regimes,
different AI regulations,

6c0c5548-945a-4ab1-868a-fb88c3c217b3-3
00:01:09.715 --> 00:01:13.231
different macroeconomic
environments and industrial

6c0c5548-945a-4ab1-868a-fb88c3c217b3-4
00:01:13.231 --> 00:01:13.840
policies.

134bcd9b-f8d1-4c91-8cca-6639c0bafd52-0
00:01:14.960 --> 00:01:19.189
In such an environment, it is
important for businesses to

134bcd9b-f8d1-4c91-8cca-6639c0bafd52-1
00:01:19.189 --> 00:01:23.419
develop what we call the
geopolitical muscle: the ability

134bcd9b-f8d1-4c91-8cca-6639c0bafd52-2
00:01:23.419 --> 00:01:28.160
to understand geopolitics and to
include it in their strategies.