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DONATE TODAY >An amazing 2,500 of the world's most prestigious people canvas Davos, Switzerland for this year's World Economic Forum
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Around 1,700 private jets will cover the sky, as the most elite people of the world descend on the annual World Economic Forum in Davos, Switzerland. Throughout the next week, world leaders, wealthy businessmen and even influential pop stars will come together to speak on the most pressing world issues.
Highlights
Catholic Online (https://www.catholic.org)
1/21/2015 (1 decade ago)
Published in Business & Economics
Keywords: World Economic Forum, Davos, wealthy, rich, private jets, inequality, World, Oxfam
LOS ANGELES, CA (Catholic Online) - This year's World Economic Forum will cover terrorism, the central banks, global warming and the growing economic inequality. From former U.S. Vice-President, Al Gore to music man, Pharrell Williams 2,500 of the world's most wealthy will be present.
Along with the 1,700 private jets, an expected 200 helicopters will be used to escort 20 percent of the attendees. The Swiss Armed Forces opened up one of their military bases to try to ease some of the 10 percent increase of air traffic.
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According to Newsweek, Gore plans to speak on the importance of tackling climate change and Williams will discuss how to use recycled plastic to make fabric.
Oxfam's executive director and co-chair to the event, Winnie Byanyima plans on really conquering the growing inequality between the rich and the poor this year. "It is time our leaders took on the powerful vested interests that stand in the way of a fairer and more prosperous world."
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According to Oxfam's latest report, the top 1 percent in the world own 48 percent of the global wealth. "To tackle this inequality, the international charity (Oxfam) calls for a major clamp down on tax evasion by big companies and rich individuals, and for free universal public services by 2020, including education and health," according to Newsweek.
Although the previous years for the World Economic Forum has sometimes been portrayed as rich party men doing drugs and getting drunk, with 40 heads of state attending this year, we are sure to see some results, according to The Guardian.
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