World Economic Forum kicks off in Davos

The Annual meeting of the World Economic Forum has today started in Davos, Switzerland.
The theme of this year`s meeting, The Great Transformation: Shaping New Models, reflects the need for a profound overhaul in the face of a fraying global system and lingering economic malaise.

World leaders, including heads of government and ministerial representation from 19 G20 countries, are among the more than 2,600 participants who will convene 25-29 January for the Forum’s 42nd Annual Meeting. In total, close to 40 heads of state or government will participate, along with over 1,600 business leaders from the Forum’s 1,000 Member companies, as well as Social Entrepreneurs, Young Global Leaders and representatives from civil society, media, academia and the arts.

Germany`s Federal Chancellor Angela Merkel will give opening address at the 42nd World Economic Forum Annual Meeting. Christine Lagarde, IMF managing director, Mario Dragon President of the European Central Bank are also expected to make reports in the event.


/AzerTAc/