Terror threat and slowing growth the focus as Davos gets under way

A string of jihadist attacks and rising risks to the global economy overshadowed Wednesday's opening of the annual meeting of the world's rich and powerful in a snow-blanketed Swiss ski resort. The Taliban assault on a university in Pakistan that left at least 21 dead was a jolt to the billionaires, business titans and leaders gathering in Davos that include Pakistani Prime Minister Nawaz Sharif. The heightened security threat was starkly in evidence in Davos itself, with police carrying machine-guns patrolling the streets and concrete blast blocks placed in front of key venues.

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