The Economic Forum in Davos Five Things You Should Know

The world's best known annual meeting of political, economic and business leaders -- “The World Economic Forum, 2018 in Davos” of Switzerland lasted from January 23rd to January 26th.

Founded in 1971 in Geneva, Switzerland, the Forum has its own mission, “The improvement of the overall state in the world” and is declared to be an independent, impartial, objective entity, which has no connection with particular interests”, economic or political. In addition, the Forum normally publishes academic and scientific reports, while undertaking a number of initiatives in an effort to resolve the challenges and problems facing the globe, as stated through public and private co-operation.

It has become a tradition for representatives of the world elite, political and business leaders to discuss the annual Economic Forum on topics such as globalisation, climate change and free trade. But this year the meeting has been dominated by curiosity about what US President Donald Trump, who takes part for the first time in the annual economic meeting.

And this focus of his talk had put America's economic success during the first year of Trump at the Oval Office.

We're doing great. It was his comment. I believe in America. As president of the United States, I will always put him first, and so should the leaders of other countries for their nations. But first American doesn't mean America alone. When the U.S. grows, so does the world” and Trump in his speech to the 3,000 delegates.

Among the meeting participants this year are known names, company executive chiefs such as Jamie Dimon, of the company. JPMorgan Chase, businessmen and philanthropists, such as Bill Gates, and important politicians like German Chancellor Angela Merkel. Also part of this meeting is Kosovo President Hashim Thaci.

5 Events Marking Two Days in Davos

Mixed Waitings

Trump's speech is listed here, saying America is open to co-operation with its world allies in the business field.

Dollar's dilemma

Central Swiss bankers have coins behind their radar after a week in which the dollar was overwhelmed by conflicting comments by Trump advisers. As he eventually spoke of a strong dollar, investors continue to speculate that the president is pleased with the worst dollar start per year since 1987.

Raw request

The last two editions of the annual meeting in Davos were grim issues for oil industry chiefs and goods businesses. Consensus at the time was that oil prices would remain low, The OPEC did not lift prices, and the mining industry faced a difficult time.

But the year 2018 was accompanied by changes as strong economic growth and synchronization of the global economy promoted the demand for raw materials.

# With Too in Davos

Slogans against sexual harassment also appeared at this worldwide event. At least two panels have dealt with head sexual harassment, for the first time in history has been the subject of official discussion at this meeting.

Women made up 20 percent in attendance, roughly equal to the percentage of women in the board rooms.

prospects 50-50

However, there was good news in front of equality. The head executive of the Bank of America, Brian Moynihan, said there is a “sans 50-50” after he announced that the bank's future chief would be a woman.