Davos residents welcome WEF windfall

Residents of Davos, Switzerland react to the influx of activity that the annual WEF generates in the city. When staff, entourages and media covering the event are counted with the near 3,000 political and business figures, a total of around 11,000 people have badges to enter the week-long event -- effectively doubling the number of people in the town, and creating desperate attempts to secure accommodation during the event.