Tag: world economic forum

"Rays of sunshine in the global economy we saw earlier in the year have been fading, and gray days likely lie ahead", says Ayhan Kose, deputy chief economist at the World Bank Group, summing up predictions for the global economy after several overlapping crises ended a nearly three-decade period of economic growth.

The phrase "the Great Reset" generated over eight million interactions on Facebook and tweets about it were shared almost two million times on Twitter, since the launch of the initiative.

Every January, economic and governmental elites gather in their hundreds in Davos, the exclusive ski resort in Switzerland, where the World Economic Forum holds its annual high-level meeting. This year, because of the pandemic, the in-person meeting had to be rescheduled. But the controversies surrounding the meeting's theme – The Great Reset – were not postponed.