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Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab is seen at the opening of the WEF Davos Agenda virtual sessions at the WEF's headquarters in Cologny near Geneva on January 17, 2022. - Chinese President Xi Jinping warned that confrontation between major powers could have "catastrophic consequences" in a speech to world leaders at an all-virtual Davos forum. (Photo by Fabrice COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)

Only Klaus Schwab Knows For Sure

By Theodore R. Malloch
January 7, 2025

(Views expressed by guest commentators may not reflect the views of OAN or its affiliates.)

TOPSHOT - An aircraft alledgedly carrying US businessman Donald Trump Jr. arrives in Nuuk, Greenland on January 7, 2025. Donald Trump Jr made a private visit to Greenland, a Danish autonomous territory coveted by Trump Sr and which hopes to one day be independent but remains dependent on Copenhagen for now. (Photo by Emil Stach / Ritzau Scanpix / AFP) / Denmark OUT (Photo by EMIL STACH/Ritzau Scanpix/AFP via Getty Images)

Donald Trump Jr. Visits Greenland As Father Pursues Interest In Acquiring The Island

President-elect Donald Trump sent his eldest son to Greenland on Tuesday as part of his efforts to make it part of the U.S., despite the country repeatedly saying it is not for sale.

A bar worker pours a pint of lager at a pub in central London on November 22, 2023. Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut sweetener for workers but also forecasting sharply lower growth and stubbornly high inflation. In a further bid to ease the cost-of-living crisis, Hunt unveiled a series of changes to benefit payments, housing allowances and state pensions, while freezing alcohol duty. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

U.S. Surgeon General’s New Advisory Links Alcohol To Increased Cancer Risk

The U.S. Surgeon General has released a new advisory warning of alcohol-related cancer risk.

WASHINGTON, DC - DECEMBER 14: Rally organizers carry away props following a protest outside the Federal Communication Commission building against the end of net neutralityrules December 14, 2017 in Washington, DC. Lead by FCC Chairman Ajit Pai, the commission is expected to do away with Obama Administration rules that prevented internet service providers from creating different levels of service and blocking or promoting individual companies and organizations on their systems. (Photo by Chip Somodevilla/Getty Images)

Appeals Court Blocks Net Neutrality Rules In Setback For Biden Administration

A U.S. appeals court ruled on Tuesday that the Federal Communications Commission does not have the legal authority to reinstate landmark net neutrality rules.

SAN ANSELMO, CALIFORNIA - FEBRUARY 07: In this photo illustration, Visa credit cards are displayed on February 07, 2024 in San Anselmo, California. According to a report by the Federal Reserve Bank of New York, credit card debt in the United States has reached $1.13 trillion. (Photo Illustration by Justin Sullivan/Getty Images)

Credit Card Defaults At Highest Level Since Great Recession In 2008

According to the Financial Times, U.S. credit card defaults increased to their highest level since the start of the 2008 Great Recession, which is a telling sign that lower-income Americans are struggling after dealing with years of high inflation.

OCEANSIDE, NEW YORK - AUGUST 23: A general view of a CVS Pharmacy store on August 23, 2024 in Oceanside, New York. Long Island is the home for a plethora of local and national business concerns. (Photo by Bruce Bennett/Getty Images)

Retail, Chain Store Closures Have Surged 69% In 2024: Which Were Affected?

With CVS, Big Lots, and other businesses closing several locations across the U.S. this year, the number of store closures is up by 69%, increasing tremendously in 2024.