Davos

President Donald Trump flew overnight to the World Economic Forum in Davos, Switzerland, where he will push his "America First" agenda and seek more fair, reciprocal trade between the United States and its allies./ REUTERS

Turkey’s online retail giant Hepsiburada has become the only Turkish company that has taken place in a World Economic Forum (WEF) initiative’s report as a case study.

German Chancellor Angela Merkel told the World Economic Forum (WEF) in Davos on Wednesday that isolationism and protectionism were not solutions to the economic challenges facing countries around the world, reported Reuters. 

The United States is committed to free and fair trade while bracing itself for possible retaliation from China over new tariffs, top U.S. Cabinet members said on Jan. 24, ahead of a much-ballyhooed visit by President Donald Trump to the World Economic Forum in Davos, Switzerland.

The global economy and geopolitical tensions are taking a back seat to a more immediate problem at this year's Davos summit of political and business leaders: heavy snow is burying the venue, according to Reauters. 

Beta reported this quoting a statement from the presidential office.

Vucic will give a speech in Davos at a gathering called, Europe in the World, from the perspective of the Western Balkans and will take part in a session on the "expedited process of long-term development," as well as in a discussion on the subject of New Leaders for Europe.

Chief executives are more optimistic about the economic outlook than they have been for many years although anxieties are rising about geopolitics, cyber threats and terrorism, a survey showed on the eve of the World Economic Forum (WEF) in Davos.

The World Economic Forum in the Swiss resort of Davos begins today, January 23rd and it will last until Friday.

In the last day  a statement by US President Donald Trump is also scheduled.

A large-scale protest was planned against his participation today, but the authorities banned any demonstrations due to a heavy snowfalls.

82% of the world's wealth is owned by 1% of the planet's population, BNT reported. This shows the latest data from the Oxfam NGO. The report was made public before the start of the World Economic Forum, which kicks off in Davos tomorrow.

U.S. President Donald Trump will hog the limelight at the World Economic Forum (WEF) in Davos next week, but behind the scenes some of the world’s leading diplomats will be working on some of humanity’s knottiest conflicts.