WEF’s Schwab Says He Predicted Swiss Would End Franc Cap

What could upset the World Economic Forum? That’s what founder and executive chairman Klaus Schwab says was on his mind early last week.

It was just days before the single-most important event on Schwab’s calendar: the annual meeting he convenes for world leaders, corporate chieftains, investors and economists in the Swiss mountain town of Davos. So much was in flux -- the tumbling price of oil, the economic crisis in Russia, the threat of terrorism hanging over Europe.