Super Rich Gather In Davos To Tackle Shrinking Economy – 20 January 2015

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The world’s most rich and powerful businessmen, heads of state, and even celebrities are gathering in Davos, Switzerland for the 43th annual Davos ‘World Economic Forum’ to discuss business among the glitz and glamor.

Monarchs, CEOS, tech billionaires, and musicians descend upon Europe’s highest city January 21-24.

The theme of this year’s conference is ‘The New Global Context’, oil prices, climate change, the rise of China, deflation across the eurozone, the Russia-Ukraine conflict, and income inequality are set to top the agenda.

Away from Switzerland, all eyes will be on the European Central Bank and its President Mario Draghi, who is widely expected to announce at least a €500 billion quantitative easing package for Europe, as the eurozone hasn’t managed to get its economy growing after nearly 5 years in recession.

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