WEF Meet News
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The European Union is "falling apart", American financier George Soros warned as part of wide-ranging remarks at the World Economic Forum in Davos, Switzerland, on Thursday.
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Schwab, who is WEF Founder and Executive Chairman, hoped that when participants go home they would be convinced that the future of our small global village can only be managed by collaboration and cooperation.
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The high-profile WEF meeting here will not be entirely for the elite only as some of the 300-odd sessions will be open to general public and few sessions would connect with millennials in select few cities worldwide, including Delhi, Bangalore and Ahmedabad in India.
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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.
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Failure to mitigate adverse impact of climate change is the biggest risk facing the world this year with greater damage potential than even the weapons of mass destruction, says a WEF survey.
The headline guests include British Prime Minister David Cameron, US Vice President Joe Biden, French Prime Minister Manuel Valls and newly-elected Canadian Prime Minister Justin Trudeau.
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On the agenda of Mastering the Fourth Industrial Revolution are the acute challenges of geo-economics, global security, public health, education, gender parity and climate change, WEF said.
Pakistan's Prime Minister Nawaz Sharif on Thursday had to cancel his trip to Davos to attend the annual meeting of the World Economic Forum (WEF) due to a serious shortage of petroleum in the country which has been plagued by a crippling energy crisis.
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