EconomyLens.com
No Result
View All Result
Tuesday, August 11, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Swiss police clear hundreds of anti-Davos protesters

David Peterson by David Peterson
January 19, 2025
in Economy
Reading Time: 4 mins read
A A
1
195
SHARES
2.4k
VIEWS
Share on FacebookShare on Twitter

Engelhorn, who gave away the bulk of her multi-million fortune, and British millionaire Phil White, joined the protest. ©AFP

Davos (Switzerland) (AFP) – Some 300 people including two millionaires protested in Davos Sunday ahead of next week’s gathering of the global elite at the World Economic Forum (WEF) in the Swiss Alps. Demonstrators carried placards with slogans such as “Tax the rich”, “Shut up! Pay taxes” and “Smash colonial capitalism”, blocking the road to the glitzy mountain resort. Police moved in after the demonstrators ignored two calls for them to leave, a spokeswoman for the Graubunden cantonal police told the Keystone-ATS news agency. With the blockade causing a major traffic jam, the authorities deployed a specialised vehicle to clear the highway ahead of the WEF’s Monday start.

Related

US company stokes Greenland tensions by unloading drilling gear

Jellyfish force shutdown of three reactors at French nuclear plant

Economic losses from natural disasters fall to $100 bn in first half of 2026: Swiss Re

Singapore says AI-related demand lifting economy

Clashes with police as Argentines protest property bill

Among those attending the protest was Austrian-German heiress Marlene Engelhorn, who gave away the bulk of her multi-million-euro inheritance to dozens of organisations working on social issues. “The WEF symbolises how much power wealthy people like me hold,” she told AFPTV. “Because just because we are born millionaires, or because we got lucky once — and call that self-made — we now get to influence politicians worldwide with our political preferences,” she added. “It’s a huge lobbyism effort. It’s a huge lack of transparency that we witness here, no accountability… I just think we need accountability, we need transparency, we need democracy to be in place here.” Engelhorn also denounced the pollution being caused by private jets flying in for the summit.

Also at Sunday’s protest was Britain’s Phil White, part of a group called Patriotic Millionaires. Many observers have expressed concern about the so-called “broligarchy” surrounding US President-elect Donald Trump, which includes billionaire Elon Musk. Founded in 1971, the WEF offers a yearly opportunity for hundreds of business executives, politicians and other leading figures to mingle in the ski resort-turned-conference centre over the course of a week. More than 60 heads of state and government will be among those attending this year, according to the WEF. Top of their minds will be Trump’s imminent return to the White House. Trump is due to address the forum by videolink on January 23, according to the organisers, just three days after his inauguration Monday for a second term in office.

© 2024 AFP

Tags: protesttaxationwealth inequality
Share78Tweet49Share14Pin18Send
Previous Post

TikTok restores service in US, thanking Trump

Next Post

New ‘oligarchy’ under fire as elites descend on Davos

David Peterson

David Peterson

Related Posts

Economy

Thousands protest private property legislation in Argentina

August 6, 2026
Economy

Low water on Germany’s Rhine river threatens new blow to economy

August 9, 2026
Economy

Factories shed workers in Bangladesh garment sector

August 4, 2026
Economy

Frustration builds as Cuba scrambles to restore power

August 4, 2026
Economy

Cuba slowly regains power after latest nationwide blackout

August 3, 2026
Economy

Trump says US support for Japanese yen a ‘signal of friendship’

August 2, 2026
Next Post

New 'oligarchy' under fire as elites descend on Davos

Asian markets track Wall St and Europe rally after Trump-Xi talks

Markets extend global rally as Trump-Xi talks boost sentiment

Bitcoin hits record above $109,000 awaiting Trump 

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

103

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

California calls Paramount’s threat to leave state ‘blackmail’

August 11, 2026

AI firm Manus to resume ‘independent’ operations after China blocks Meta deal

August 11, 2026

US company stokes Greenland tensions by unloading drilling gear

August 11, 2026

Caught between great powers: the cautionary tale of Manus

August 11, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.