Reflecting an acute shortage of skilled labour force and difficult business conditions, India has slipped 11 places to rank 89th on a global index of talent competitiveness, a list which has been topped by Switzerland.

At Davos, Iran is center-stage, North Korea has been disinvited for nuclear saber-rattling, and World Economic Forum founder Klaus Schwab says he's worried about Europe's future, the fallout of plunging oil prices and gaping inequality worldwide.

Home to the annual talkathon of the rich and powerful from across the world for over four decades, this Swiss resort town has its own history of being a place of eminence for medical tourism as also for winter sports.