Tag: wef

‘Financial and Ethical Misconduct’ Allegations Against Davos Founder Klaus Schwab Made Public

Manipulating research, using company funds to pay for private, in-room massages, asking junior staff to withdraw thousands of dollars for personal use, demanding senior management deliver a Nobel Peace Prize nomination.

These are just some of the lurid allegations that pushed the World Economic Forum (WEF) to launch an investigation into its now departed founder, Klaus Schwab, after anonymous whistleblowers aired their concerns about the German octogenarian.

The assertions – reportedly sent last week in a letter to the WEF, which organises the annual elite gathering of globalist devotees at Davos in Switzerland – accuse Schwab and his wife, Hilde, of financial and ethical misconduct.

The family has vehemently denied each and every accusation even as he resigned as the WEF chairman, as Breitbart News reported

The Guardian set out the course of events around the controversy:

The accusations prompted Schwab’s resignation as the WEF executive chair on Monday after its board of high-profile trustees – which includes the BlackRock chief, Larry Fink; the IMF managing director, Kristalina Georgieva; the former US vice-president Al Gore and cellist Yo-Yo Ma – held an emergency meeting to look into the claims on Sunday.

Schwab, 87, is said to have argued against the board’s plan for an investigation, before he resigned. The founder had indicated he intended to step down in early April, but the whistleblower letter brought forward his exit.

[…]

The whistleblower letter included a range of claims against the Schwab family, according to the Wall Street Journal and Financial Times. They include an allegation that Schwab used WEF funds to pay for private, in-room massages at hotels, asked staff to promote him for a Nobel peace prize, and instructed junior employees to withdraw thousands of dollars from ATMs on his behalf.

The Guardian report noted allegations that academic research was also tampered with, as “The letter also accused Schwab of manipulating the WEF global competitiveness report in order to curry favour with certain governments.

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World Economic Forum Confirms Probe Into Claims Against Klaus Schwab

The World Economic Forum said on April 22 that it launched an investigation after allegations of misconduct by its former chairman, Klaus Schwab, were sent to its board.

Schwab resigned from his position as chair of the Geneva-based WEF’s board of trustees on April 21, a WEF spokesperson said in an emailed statement to The Epoch Times.

The probe is in response to a Wall Street Journal report that an anonymous letter sent in mid-April to the World Economic Forum’s board raised concerns about the organization’s governance and workplace culture.

“The Board of Trustees of the World Economic Forum unanimously supported the Audit and Risk Committee’s decision to initiate an independent investigation following a whistleblower letter containing allegations against former Chairman Klaus Schwab,” the WEF spokesperson said.

The decision was made after consultation with external legal counsel and in line with the forum’s fiduciary responsibilities, according to the statement.

The investigation will be led by the Audit and Risk Committee with the support of independent legal experts, and the Committee will move “expediently to determine its processes and parameters and will share its progress with the Board,” the statement said.

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Klaus Schwab Vacates WEF Chair

Then, just like that, he was gone. The globalist World Economic Forum (WEF) founder Klaus Schwab on Monday vacated his position as chair of its board of trustees, the elite Geneva-based institution confirmed.

AFP reports Schwab informed the WEF’s board “as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.”

His departure means he will no longer be on hand to personally meet the wealthy, the privileged and the famous who flocked every year to the WEF gathering in the luxury Swiss ski village of Davos to congratulate each other on their claimed achievements.

The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed, according to AFP.

WEF’s board hailed what it called Schwab’s “outstanding achievements” in his 55 years as the leader of the organisation.

“At a time when the world is undergoing rapid transformation, the need for inclusive dialogue to navigate complexity and shape the future has never been more critical,” it said in a statement.

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Globalist Puppetmaster Klaus Schwab Steps Down as World Economic Forum’s Chair: Is the Great Reset Crumbling?

The architect of the globalist nightmare known as the “Great Reset” is finally stepping back — and not a moment too soon.

Klaus Schwab, the unelected mastermind behind the World Economic Forum (WEF) and its dystopian dreams of centralized control, is preparing to step down as chair of the board of trustees, according to the Financial Times.

This announcement comes after Klaus Schwab announced his resignation as executive chairman of the WEF last year.

In an email to WEF staff members, Schwab announced he would be officially stepping down as executive chairman and transitioning to non-executive chairman.

After five decades of steering the WEF into a playground for elites, Schwab’s exit signals what could be the long-overdue unraveling of a technocratic agenda that aimed to dictate how the rest of us live, eat, travel, and think.

Schwab’s announcement follows months of internal chaos, scandal, and growing global backlash against his Orwellian vision.

The WEF — best known for its annual Davos conference where billionaires, bureaucrats, and corporate overlords lecture working-class citizens on cutting back their lifestyles “for the planet” — is reeling from allegations of discrimination, harassment, and a total loss of credibility.

While Schwab insists in his internal letter that the forum is still “more important and relevant than ever,” the writing is on the wall.

The same man who once gleefully proclaimed that by 2030 “you’ll own nothing and be happy” is now preparing to quietly slip into the shadows.

“I am deeply convinced that in today’s special context the forum is more important and relevant than ever before,” Schwab said in an internal email obtained by FT.

“It is also financially very well equipped thanks to successful financial management since its beginning. What is essential now after the turmoil of the last months, is to recover our sense of mission,” he added.

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Barbara Marx Hubbard and the Malthusian-Transhumanist Riders of the Pale Horse

Why did the celebrated futurist Barbara Marx Hubbard call for the culling of one-fourth of the human population? John Klyczek tracked down Hubbard’s infamous unpublished manuscript and digs deeper into the legacy of her Malthusian gospel of “conscious” transhuman evolution.

For some time, there have been efforts to facelift the Malthusian-transhumanist bent of the Fourth Industrial Revolution with a patina of New Age spirituality through a belief in “conscious evolution,” such as that propagated by futurist Barbara Marx Hubbard. Yet, notwithstanding Hubbard’s lofty invocation of “Christ consciousness,” her faith in conscious evolution holds that, in order to mitigate overpopulation crises, natural resources must be rationed through “sustainable development” economics while human resources must be neo-eugenically culled and biotechnologically engineered into a new transhuman species. In fact, with the blessings of Rockefeller philanthropy, Hubbard, who promoted sustainable development at the United Nations (UN) and collaborated with known Malthusians from groups like the World Economic Forum (WEF) and the Club of Rome, was one of the most radical advocates of population reduction in the name of spiritual evolution.

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The green agenda is about getting rid of as many humans as possible

For those that are attempting to fight climate change, fighting population growth is one of their number one goals.  They tell us that on average each additional human produces approximately 4 tons of carbon dioxide per year.  So many true believers in this agenda are convinced that reducing population growth is the most important thing that they can do for the environment.  In recent years, an increasing number of young people have been getting sterilized, the number of childless couples in the western world has reached an all-time high, and assisted suicide has been legalized in more nations.  Of course abortion continues to be a really big issue as well.  Since 1973, abortion has reduced the population of the globe by 1.5 billion.  But even though they have made so much “progress” on their agenda, they are not even close to satisfied.  During the WEF’s meetings in Davos, Switzerland this year, the fight against climate change is taking center stage.  The following comes from the official WEF website…

The World Economic Forum’s Annual Meeting in Davos is bringing together leaders to forge innovative partnerships and dialogue to enable investments in climate and clean technologies – and work towards achieving equitable, secure and sustainable energy systems.

The week’s sessions come as US President Donald Trump has issued an executive order to pull the country out of the Paris Agreement. In many respects, the attitude has been one of ‘business as usual’ with participants describing a situation where climate activity is so entrenched that policy and action towards net zero and the shift to decarbonization will continue, regardless.

Did you catch the point of that second paragraph?

They believe that their agenda has become “so entrenched” that not even President Trump can do anything about it.

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World Economic Forum Panel Praises EU Censorship Law

One of this year’s World Economic Forum (WEF) panels brought together publishers, a French minister, and a UK think tank previously involved in US State Department-funded censorship of Americans, who praised the EU’s controversial Digital Services Act (DSA) while railing against “misinformation.”

French Minister Delegate for Artificial Intelligence and Digital Technology Clara Chappaz spoke about the DSA as a solution to the “problem” presented by free speech on the internet.

Chappaz and another speaker, the CEO of the UK think tank – the Institute for Strategic Dialogue (ISD) – defended the law as not being a censorship tool but “merely” making what is illegal offline also illegal online.

Yet the French official remarked that it requires platforms to introduce measures reducing “the systemic risks” tied to “misinformation.” And this ends up providing a mechanism for censorship of whatever the authorities decide to consider “misinformation.”

Chappaz also spoke about an age verification law that was introduced in France last week, the pretext being preventing minors from accessing adult sites.

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Davos: UN Introduces AI As “The Next Existential Threat”

At Davos, Guterres slams backsliding on climate commitments

22 January 2025

The world’s political and business elite present in Davos on Wednesday faced an uncompromising address from UN chief António Guterres as he rounded on a lack of multilateral collaboration in an “increasingly rudderless world” at risk from two existential dangers: climate change and unregulated Artificial Intelligence (AI).

…

‘Fossil fuel addiction’

Likening fossil fuel addiction to Frankenstein’s monster – “sparing nothing and no one” – the Secretary-General noted the irony that 13 of the world’s biggest ports for oil supertankers are set to be overwhelmed by rising sea levels, a consequence of rising temperatures and sea ice melt, caused overwhelmingly by burning coal, crude oil and natural gas.

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AI’s untold promise 

The next existential threat, AI, is a double-edged sword, Mr. Guterres continued, as it is already revolutionizing learning, diagnosing illnesses, helping farmers to increase their yields and improving the targeting of aid.

But it comes with profound risks if it is left ungoverned: it can disrupt economies, undermine trust in institutions and deepen inequalities, the Secretary-General warned.

…Read more: https://news.un.org/en/story/2025/01/1159271

OK, maybe by “the next existential threat”, the UN just meant “another existential threat”. But it is an interesting turn of phrase.

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Hot Topics at Davos: Long-acting Injectables, ‘Climate-sensitive’ Vaccines and ‘Misinformation’

Tech-driven precision medicine, long-acting injectables, “climate-sensitive” vaccines, and mRNA therapeutics for non-communicable diseases were among the topics of discussion at this week’s annual meeting of the World Economic Forum (WEF).

“Misinformation” is also high on this year’s agenda. The WEF’s Global Risks Report 2025, released alongside this year’s annual meeting, named misinformation as the greatest global risk over the next two years.

President Donald Trump, in a speech to WEF participants on Thursday, said “misinformation” is a label used to censor people.

The meeting, held in Davos, Switzerland, focused on artificial intelligence (AI), as reflected by this year’s theme, “A Call for Collaboration in the Intelligent Age.” Over 350 governmental figures, 60 national leaders and 1,600 business leaders attended.

This year’s meeting was relatively subdued compared to previous years. Several key global figures, including the leaders of the U.K., China, France, India and Italy, were absent from the event, as were prominent figures like Bill Gates.

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Davos Post Mortem: The US Vibe Shift Goes Global

  • Investors and businesses have an optimistic outlook for the US while pessimism hangs over Europe’s lagging productivity, innovation and competitiveness.
  • US banks are capitalizing on strong profits and regulatory adjustments, with billions being freed up for lending, mergers and acquisitions or buybacks.
  • Amid more tariffs, policymakers are rethinking how to frame their portfolios and placing much of tech, rare earths and the energy transition under this umbrella.

Rarely have I found the Davos attendees so split in their investment outlooks.

American investors and business leaders were giddy over a possible “Golden Age,” though most were bracing for what promised to be a rollercoaster ride. Meanwhile, Europeans were moping about their economies, red tape and lack of innovation. And the Chinese delegation was the smallest in years.

Conversations revolved around the big challenges investors and corporates are trying to solve right now, from pivots in US policy to the languishing state of Europe and China, artificial intelligence market concentration, the risks of tariffs, what pessimism or optimism had already been priced in or where private markets might head next.

Sitting across 40 private meetings and panels, I better understood the mindset of businesses, investors and policymakers. Here are three of my takeaways.

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