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Bill Gates will return to Davos, Switzerland to join a gloomy group of the world's richest men at this year's World Economic Forum. Gates will deliver a follow-up to last year's Philanthrocapitalism speech. This time it's called, "From philanthrocapitalism to philanthrocrisis."
“You have to realize the size of the problem confronting us today is significantly larger than in the ‘30s,” George Soros, the billionaire hedge-fund owner and philanthropist, said today. “The situation will continue to deteriorate.”
Porto Alegre
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Al Jazeera's Gabriel Elizondo, reporting from Belem, said: "The World Social Forum was built to be an anti-World Economic Forum. "It is not for the rich, not for the well-connected and it is not 'invitation only' - just the opposite of everything in Davos.
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