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The World Economic Forum (WEF), arranger of the annual Davos shindig, has just published its 17th annual "Global Risks Report". It makes for thoroughly depressing reading — for its context as much as its content.

Male, pale and stale remains the defining characteristic of the Davos crowd. About two-thirds of the more than 900 survey respondents were male, with almost half based in Europe and more than 40% aged 50 or over...

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