Titled 'Enabling Trade: From Valuation to Action', the report released today by the World Economic Forum (WEF) emphasised the need for urgent implementation of the Bali trade accords and deeper reforms to "sustainably meet world food demand".

As hundreds of world's rich congregate for the World Economic Forum Annual Meeting in the Swiss Alpine resort town of Davos, many of them have also scheduled meetings with Swiss bankers to devise new strategy for their hidden wealth.

Protagonists will include U.S. Treasury Secretary Jack Lew, Japanese Prime Minister Shinzo Abe, European Commission President Jose Manuel Barroso and central bankers Mark Carney, Mario Draghi and Haruhiko Kuroda. A "senior leader" from China is also expected.