Reported about 17 hours ago
Davos, Switzerland, hosts the World Economic Forum (WEF), established in 1971 by Klaus Schwab, as a platform for global leaders, CEOs, and businesses to address pressing issues and promote stakeholder capitalism, which prioritizes serving employees and the public over just shareholders. Despite its beautiful Alpine setting and modern facilities, the forum draws criticism for its high costs and exclusivity, suggesting it is a gathering for elite influence and corporate deal-making.
Source: YAHOO