The 39th edition of the Economic Forum in Davos starts in the Swiss Alps on Wednesday, in an atmosphere dominated by the economic and financial global crisis. For five days, the economic and political elite of the world will redesign the post-crisis world, organizers declared for the international press.
This year's edition will be historical due to the great number of participants: 2,500 decision makers, among which 40 presidents and prime ministers. For the first time at Davos, Russian PM Vladimir Putin will have an inaugural speech.
German Chancellor Angela Merkel and British PM Gordon Brown, European Central Bank President Jean Claude Trichet will be also present at the economic brainstorming. Founder of the Forum Klaus Shwab has urged participants to create a new world.
The International Union Confederation warned, one day before Davos, that the economic crisis will bring about a social bomb. The delegation will draw attention to the increasing unemployment rates and the morbid situation in which citizens all over the world are found.