Welcome to this week’s update from the World Economic Forum.

Most shared this week

Top ten trends in social media. From online immortality to the visual web, and why they matter for societies and business. (Blog)

England beat Italy and Uruguay! Off the pitch, at least, in our Competitiveness World Cup.

On Forum:Blog

Business is global, government is national. And this causes huge problems when it comes to reforming the financial system.

“I had to choose between my sexuality and my job.” A gay Nigerian writes that homophobia ruins lives and stifles economies.

Three yellow cards for Latin America’s economy. In a video interview, Moisés Naím on the risks to the continent’s success story.

What does it mean to be a refugee today? Five stories from some of the world’s 45 million people who know, for World Refugee Day.

Asia loves Facebook, Latin America loves WhatsApp. How social media varies around the world. Part of the Global Agenda Council , including: online life after death, why the web isn’t meritocratic, and the right to disappear.

Send students from poor countries to rich universities. Sami Mahroum on education, social mobility and economic growth.

The World Economic Forum in the news

The Forum is #2 most influential brand here on LinkedIn. Publishers make up half the world’s top 10 content marketers, with Forbes #1, and Inc., Wall Street Journal, Financial Times and Mashable also on the list. Tech companies Microsoft, Hewlett-Packard, IBM and Salesforce.com make up the balance. Thanks for reading and sharing! (LinkedIn,MediaPost)

“Talente sind entscheidend.” Switzerland cannot turn its back on talent, argues Professor Klaus Schwab in this editorial. (Neue Zürcher Zeitung)

Philipp Rösler in neuer Mission: “Ich freue mich, die Kanzlerin zu sehen.” Philipp on travelling the world with the Forum, returning to Berlin, and why he is sounding the alarm on the dangers of social inequality. (Spiegel Online)

Women set to enter Indian corporate boardrooms. The old boys’ club is opening up. The Global Gender Gap Report features in support of the change. (Washington Post)

The Competitiveness World Cup. The Forum’s contest provides an unexpected boost for some footballing underdogs. (Los Angeles Times)

The most productive country in the world isn’t the one you’d expect. Unless you’ve been reading the Global Competitiveness Report. (Mic)

On our radar

Humanity is making risky bets in the climate casino. “Governments have committed themselves to a view of the risks of climate change,” says Martin Wolf. “But major energy producers do not believe governments will do what they promise.”

Disruptive innovation under fire. “The idea of innovation is the idea of progress stripped of the aspirations of the Enlightenment, scrubbed clean of the horrors of the twentieth century, and relieved of its critics.”

Big ideas in macroeconomics. A comprehensive and opinionated look at the latest non-technical guide to the field.

Virtue after abundance. Virtue evolved among groups living under immense scarcity. Does is still make sense in economies accustomed to abundance?

World Cup punditry. Fertile ground for those looking for confirmation of cognitive biases.

Have something for our reading list? Drop me a line.

Coming up next week

On Forum:Blog – should entrepreneurship be taught in school, and what Europe can do to boost small businesses.

Thanks for reading!

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Author: Adrian Monck is Managing Director of Public Engagement at the World Economic Forum

Image: A internally displaced child is lifted by a family member out the window of their tent in a refugee camp in Takht Bai village, Pakistan, May 10, 2009. REUTERS/Mian Khursheed