Merkel warns against isolationism in Davos speech

German Chancellor Angela Merkel gave a speech to the World Economic Forum in Davos, saying: “If we are of the opinion that things are simply not fair, that there is no reciprocity, then we have to seek multilateral answers, and not pursue a unilateral protectionist course where we isolate ourselves."

Why it matters: Merkel appeared to be directing her comments at the "America First" policies of President Donald Trump, as well as other populist leaders.

Other highlights:

• Merkel attributed increased polarization in Germany to the Eurozone and migration crises, but reaffirmed her country's commitment to contributing on the world stage.
• She reminded delegates that 2018 marks the 100th anniversary of WWI, and that the current generation must prove that they have "learned the lessons of history."
• On economics, she said that the digital age creates good opportunities, but that policymakers need to help people who might get left behind.