Semafor Davos Daily: Deglobalization or reglobalization?

Bill Browder, the anti-Putin financier who championed the human rights-promoting Global Magnitsky Act, tells Semafor’s Steve Clemons he’s skipping the WEF after he found out it would cost him $250,000, more than triple what he paid in the past.

Browder famously confronted a top Russian official on stage at Davos in 2011 for not being upfront that investing in Russia could lead to corruption schemes and murder. He believes he should be admitted for free as an activist, and has only grudgingly ponied up. “I continued to pay just so I could show up and challenge the Russians,” he said.

This week he is meeting with officials on the sidelines of Davos to promote the use of frozen Russian central bank assets for Ukraine.

Forum uber-spokesman Adrian Monck told Semafor that “invitations to activists and civil society figures tend to prioritise people with considerably less resources.”

There are about a dozen types of badge this year. They include a couple of all-access categories, White for Participants, and Blue for Forum Staff.

Then there’s a Byzantine hierarchy that ranges from Orange (journalists who can access the Congress Center but not attend sessions) to Red (drivers) to Purple for medical and technical staff, Orange/Purple for production staff, Brown for aides to white-badges, Green for other members of the entourage, Light Blue for forum contractors, and Orange hotel badges that just let you into certain hotels.

There are also badges with yellow or red stripes or blue stripes, the last of which indicates that you are a participant rather than his or her spouse.
Collect them all!

Monday’s events skew late, with the WEF’s stages opening Tuesday.

5:00 p.m. The historian Niall Ferguson will make exactly this face (above) while leading the FT’s Circle-sponsored discussion of whether crypto is in crisis, at the Belvedere.

7:30 p.m. The WEF is holding a welcome reception for the the media in Davos, featuring the actor Idris Elba, and the Hilton Garden Inn. (That is, conveniently for the American press, home base for members of the U.S. Congressional delegation, which includes Senators Chris Coons, Maria Cantwell, and Joe Manchin, and Representatives Seth Moulton, Joaquin Castro, Darrell Issa, and Mikie Sherrill.)

8:30 p.m. “Whose Metaverse Will It Be?” The party people seem to actually want to get into is hosted by Lightshed and Games for Change, at Barry’s Piano Bar.

8:30 p.m. Time and its owner Marc Benioff, a Davos fixture, are hosting a kickoff party at the AlpenGold Hotel.

And good luck getting invites to Monday night’s exclusive dinners: Lally Weymouth’s annual power dinner, PayPal CEO Dan Schulman’s annual one-table dinner conversation, and Bill Browder’s Ukraine-themed gathering.

And the Egyptian industrialist Shafik Gabr is hosting a gathering of economists and central bankers, whose consensus tends to shape Davos Man’s outlook on the world.

Event organizers say they live in fear, and hope, of the power of groups on WhatsApp, Telegram, and Signal to make or break a panel or party.

Power chats include everything from “WEF Friends” to “Burning Man at Davos” to “Climate People” to GEDI, organized around gender and inclusion. But the one that really moves the masses is is unDavos, originally organized by Mark Turrell, the impresario of Davos’s less stuffy social scene.

unDavos is “for YGLs, Global Shapers, Tech Pioneers, GLFs, GAC members, their spouses, friends, and cool people,” says its Facebook page: “If you are not connected with anyone in here, or part of the WEF communities — you will likely be BLOCKED.”

Don’t block us! Send your best screenshots to davos@semafor.com or +16463693687 on all the platforms!

• In The New York Times, Roger Cohen sees reason for optimism about Davos’s mission at a difficult time: “The world that will be debated in Davos is sobered but not stripped of the idea that the pursuit of human dignity and equal opportunity are the necessary accompaniment to the pursuit of profit.”
• “The Davos crowd have to contend with a world which is de-globalising and increasingly fragile,” Larry Elliott writes in The Guardian. “In a way, a bit of soul-searching and humility would be no bad thing, because for those struggling to get by, there are few things more nauseating than the self-styled masters of the universe wringing their hands about the need to address inequality.”
• Greenpeace released a report on the hundreds of short private flights to Davos: “Davos has a perfectly adequate railway station, still these people can’t even be bothered to take the train for a trip as short as 21 km. Do we really believe that these are the people to solve the problems the world faces?” asked the organization’s Klara Maria Schenk.