Economic schmooze-fest in the Alps just got pricier
Created On : 16th January,2015 By : ADMIN
Next week, the world's rich and famous will descend on the small town of Davos, Switzerland. for the annual meeting of the World Economic Forum, which is essentially an invite-only schmooze-fest in the Alps.
Since the value of the Swiss franc rose 15 percent this morning, the exchange rate is going to make Davos a lot more expensive, Bloomberg points. Especially for Americans.