Inequality, unease rising as Davos economic forum opens - News Summed Up

Inequality, unease rising as Davos economic forum opens


The U.S. leader seems to revel in strolling through the Davos Congress Center and among executives who back his business-minded, money-making approach to politics. Oxfam, the world-renowned advocacy group, issued a report ahead of the Davos event which showed that billionaire wealth rose by more than 16% last year, three times faster than the past five-year average, to more than $18 trillion. Critics of WEF, and Trump, take to the streetsAs usual, protesters rallied over the weekend in and near Davos ahead of the event. Davos storekeepers rent out their premises so that forum participants can have the prime real estate for the week. Some say Swiss leaders who support the event and flock to Davos too are adding to the problem.


Source: Forbes January 19, 2026 15:28 UTC



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