WEF@Davos: Where Johar And Shakira Will Jive For Social Cause!

Activist Swami Agnivesh, President Emeritus of World Council of Arya Samaj, will also join other spiritual leaders for a multi-faith candle lighting ceremony to reflect upon hope for humanity, as part of the five-day WEF (World Economic Forum) Annual Meeting beginning.

Activist Swami Agnivesh, President Emeritus of World Council of Arya Samaj, will also join other spiritual leaders for a multi-faith candle lighting ceremony to reflect upon hope for humanity, as part of the five-day WEF (World Economic Forum) Annual Meeting beginning.

Many business leaders and lawmakers will participate in the World Economic Forum 2017 meet, running from January 17-20, in the Swiss Alpine resort of Davos.

In the past 46 years, only once WEF has held its annual meeting outside Davos when in 2002 it decided to shift the venue to New York to show solidarity with that city and the American public after the 9/11 terrorist attacks.

The top 10 global cities in terms of talent competitiveness include Zurich, Helsinki, San Francisco, Gothenburg, Madrid, Paris, Los Angeles, Eindhoven and Dublin.

The federal government's share amounts to 3/8 of overall costs of security at the WEF. However, due to cost ceiling, this sum is limited to a maximum of 3 million Swiss francs per annum.

India has been ranked 60th among 79 developing economies, below neighbouring China and Pakistan, in the inclusive development index, according to a WEF report.

Among the 28 nations, India has emerged as the most trusted nation in terms of institutions with 72 per cent of the respondents from general population feeling so.

He also said that philanthropy helps companies to be viewed favourably by the consumers.

The 47th edition of the yearly talkfest of rich and powerful began with a welcome address by WEF Founder Klaus Schwab.

Donald Trump's election to the White House had "decisively repudiated the idea of American exceptionalism", says Ian Bremmer of the Eurasia Group.

Stating that she was shooting for a morning programme, the journalist further asked Shakira whether she sings in the morning and went on to request her to sing a few lines.

Lack of access to global markets is currently their main impediment to growth.

The international financial crisis, he said, was not an inevitable outcome of globalization, but the consequence of the excessive chase of profit by global financial institutions and a "grave failure of regulation".

Microsoft CEO Satya Nadella said Artificial Intelligence is moving on the right ladder and highlighted its importance in reviving the sluggish global GDP growth.

Some panelists noted that creating environment where innovation will prosper in gigantic companies tends to spawn new structures.

Union Ministers Nitin Gadkari and Nirmala Sitharaman on Tuesday joined over 100 corporate honchos from India at the WEF meet.

Rapid technological change threatens to create a new swathe of have-nots and displaced digital refugees, and the solution to this lies in technologies themselves, leaders say.

The commerce and industry minister said the debate here at WEF has been about the fate of globalisation and whether capitalism needs to be demonised.

"There is a responsibility to re-skill workers, for a more globalised future," the Wipro CEO said.