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This year’s World Economic Forum in Davos will focus on the threat of right-wing populism for the first time ever

Anyone can see why people believe the WEF is out of touch – only 20 per cent of attendees are women, and most argue that poverty has ‘already been solved’. But it’s interesting that they are now concerned about populism, which threatens their own power

Each year in late January, around 2,000 of the globe’s leaders – politicians, bureaucrats, business representatives and public intellectuals – make the annual pilgrimage to the Swiss town of Davos for the World Economic Forum (WEF). Many of the attendees arrive in private jets, leading to competition for landing spots.

Located in the German-speaking eastern part of Switzerland, Davos was the setting of Thomas Mann’s The Magic Mountain, reflecting its history as sanatorium for tuberculosis patients. At the end of World War Two, fleeing Nazis used the town’s German-owned hotels and businesses to transfer large amount of cash, gold and valuables out of the Third Reich.

MORE:   http://www.independent.co.uk/voices/davos-world-economic-forum-wef-celebrities-right-wing-populism-first-time-a7528086.html

Categories: Economics, Economy, Socioeconomics, Switzerland, The Muslim Times

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