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DiCaprio leads a star-studded cast for World Economic Forum in Davos DiCaprio leads a star-studded cast for World Economic Forum in Davos
(about 1 hour later)
A cast of politicians, digital pioneers, activists and Hollywood glitterati will gather in the Swiss ski resort of Davos next week for the annual World Economic Forum, which will take place against mounting fears of a new global crash.A cast of politicians, digital pioneers, activists and Hollywood glitterati will gather in the Swiss ski resort of Davos next week for the annual World Economic Forum, which will take place against mounting fears of a new global crash.
While the official theme of the five-day annual event is “the fourth industrial revolution” – a topic that will focus on the looming impact of robots and artificial intelligence – the real talking point for the 2,500 participants will be whether the violent gyrations in global financial markets since the turn of the year are evidence of trouble to come.While the official theme of the five-day annual event is “the fourth industrial revolution” – a topic that will focus on the looming impact of robots and artificial intelligence – the real talking point for the 2,500 participants will be whether the violent gyrations in global financial markets since the turn of the year are evidence of trouble to come.
The star turn this year will be actor Leonardo DiCaprio, who will be receiving an award for the work of his eponymous foundation, which focuses on the impact of climate change on wildlife. He will be joined by pop stars Bono and Will.i.am, who will rub shoulders with global leaders such as David Cameron, US Secretary of State John Kerry and Canada’s prime minister, Justin Trudeau. Once all the delegates have arrived, they will swell the population of the Alpine town from 11,000 to 30,000. The star turn this year will be actor Leonardo DiCaprio, who will be receiving an award for the work of his eponymous foundation, which focuses on the impact of climate change on wildlife. He will be joined by pop stars Bono and Will.i.am, who will rub shoulders with global leaders such as David Cameron, US secretary of state John Kerry and Canada’s prime minister, Justin Trudeau. Once all the delegates have arrived, they will swell the population of the Alpine town from 11,000 to 30,000.
Among the business figures attending are Jack Ma from China’s online retail giant Alibaba, Carl-Henric Svanberg, the chairman of BP and John Chambers, the boss of internet hardware manufacturer Cisco.Among the business figures attending are Jack Ma from China’s online retail giant Alibaba, Carl-Henric Svanberg, the chairman of BP and John Chambers, the boss of internet hardware manufacturer Cisco.
The organisers are sensitive to the proportion of female delegates, but the percentage of women at the strictly invitation-only event stands at only 18% this year. While this is the largest proportion since the event began in the 1970s, it is only a slight improvement on the 17% registered last year. In a bid to boost the number of women attending, a quota system was introduced in 2012 which allows the largest members to add one more participant to a delegation of four, provided the fifth is a woman.The organisers are sensitive to the proportion of female delegates, but the percentage of women at the strictly invitation-only event stands at only 18% this year. While this is the largest proportion since the event began in the 1970s, it is only a slight improvement on the 17% registered last year. In a bid to boost the number of women attending, a quota system was introduced in 2012 which allows the largest members to add one more participant to a delegation of four, provided the fifth is a woman.
The female delegates include Christine Lagarde, head of the International Monetary Fund and Loretta Lynch, the US attorney general, who has handed down huge financial penalties on major banks since taking office.The female delegates include Christine Lagarde, head of the International Monetary Fund and Loretta Lynch, the US attorney general, who has handed down huge financial penalties on major banks since taking office.
Many bankers will be in attendance: Jamie Dimon, the boss of JP Morgan, along with top executives from HSBC, Barclays, Standard Chartered and Lloyds Banking Group. Royal Bank of Scotland does not have any representatives formally listed as participants. Goldman Sachs chief executive Lloyd Blankfein is not attending but there will be a delegation from Goldman led by chief operating officer Gary Cohn.Many bankers will be in attendance: Jamie Dimon, the boss of JP Morgan, along with top executives from HSBC, Barclays, Standard Chartered and Lloyds Banking Group. Royal Bank of Scotland does not have any representatives formally listed as participants. Goldman Sachs chief executive Lloyd Blankfein is not attending but there will be a delegation from Goldman led by chief operating officer Gary Cohn.
Sir Martin Sorrell, chief executive of advertising giant WPP and a veteran of Davos, will be attending, one of many UK-based business executives invited. A six-strong team from BT will also be there, led by chairman Sir Mike Rake and chief executive Gavin Patterson.Sir Martin Sorrell, chief executive of advertising giant WPP and a veteran of Davos, will be attending, one of many UK-based business executives invited. A six-strong team from BT will also be there, led by chairman Sir Mike Rake and chief executive Gavin Patterson.
On the theme of the fourth industrial revolution, representatives from so-called “disrupter” companies such as Uber will be in the ski resort. Archbishop of Canterbury Justin Welby is also turning up, to discuss faith.On the theme of the fourth industrial revolution, representatives from so-called “disrupter” companies such as Uber will be in the ski resort. Archbishop of Canterbury Justin Welby is also turning up, to discuss faith.
Some regular attendees have chosen to pass this year: German chancellor Angela Merkel is staying away while the Duke of York is not hosting his usual high-profile drinks reception.Some regular attendees have chosen to pass this year: German chancellor Angela Merkel is staying away while the Duke of York is not hosting his usual high-profile drinks reception.
And some are just not welcome: a delegation from North Korea has had its invitation revoked after the secretive state conduced nuclear tests last week.And some are just not welcome: a delegation from North Korea has had its invitation revoked after the secretive state conduced nuclear tests last week.