So, you've probably heard the word Davos, thrown around this week.

What is Davos and what does it mean?

First of all, Davos is a town in Switzerland, known for a popular ski resort in the Swiss Alps that hosts the yearly World Economic Forum.

Business leaders and heads of state attend this three-day conference to talk about a wide range of issues, from gender equality to mental health. 

This year, climate change took center stage. 

Also this year, U.S. President Donald Trump gave a keynote address where he bragged about the U.S. economy and talked about impeachment.

Joseph Foudy, a Clinical Associate Professor of Economics at New York University gives a simple recap of this year’s WEF conference at Davos.