Davos economist Robert Johnson, who made headlines this week for revealing that the wealthy are buying secret hideaways as a hedge against global instability, warned in a subsequent interview that the elite are also afraid of more riots in the … Read the rest
Tag: Davos
Davos: Individual privacy is dead
Imagine a world where mosquito-sized robots fly around stealing samples of your DNA. Or where a department store knows from your buying habits that you’re pregnant even before your family does.
That is the terrifying dystopian world portrayed by a … Read the rest
Some 1700 jets land in Davos to ponder global warming
A squadron of 1,700 private jets are rumbling into Davos, Switzerland, this week to discuss global warming and other issues as the annual World Economic Forum gets underway.
The influx of private jets is so great, the Swiss Armed Forces … Read the rest
Half of global wealth held by the 1%
Billionaires and politicians gathering in Switzerland this week will come under pressure to tackle rising inequality after a study by Oxfam found that – on current trends – by next year, 1% of the world’s population will own more wealth … Read the rest
BRICS puncture credit bubbles risking deflationary shock
Half the world economy is one accident away from a deflation trap. The International Monetary Fund says the probability may now be as high as 20pc.
It is a remarkable state of affairs that the G2 monetary superpowers – the … Read the rest
‘Africa needs fertility management’
Stopping overpopulation is one way the dangers of climate change can be mitigated, according to two of the most prominent believers in global warming.
Former Vice President Al Gore and Microsoft founder Bill Gates said at the World Economic Forum … Read the rest
Zurich air traffic controllers bring Iran, Israel together
Zurich air traffic controllers may have inadvertently succeeded where diplomats have failed for decades: to bring Israelis and Iranians together.
As the jets of Iranian President Hassan Rouhani and Israeli Prime Minister Benjamin Netanyahu arrived in Switzerland today to take … Read the rest
Zuma praises Charlize
President Jacob Zuma congratulated South African-born actress Charlize Theron on Wednesday for scooping the World Economic Forum’s crystal award for her humanitarian work.
“We are proud of our Charlize,” Zuma said in a statement.
“She has succeeded in an extremely … Read the rest