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"I was offered 50,000 Swiss francs (£40,000) last year by a Japanese firm to rent my shop out during Davos," Catherine Kull Bineschedler tells the BBC. "But I would like to keep my shop open for people living here. It's sad because it's all become about money, money, money during Davos.". MOB, her clothing boutique on Davos Promenade, is one of just a few local shops that refuses to hire out their premises during the World Economic Forum (WEF) - the high-end business conference that is held in the Swiss Alps every January. Hundreds of stores are taken over by big international firms like Facebook, Accenture and HSBC for the week and turned into branded outposts, while local landlords are said to get paid handsome fees. Full story

20 January