Q. The annual business event, colloquially called Russian Davos is held every year in which city of Russia?
Answer: St. Petersburg
Notes: St. Petersburg International Economic Forum (SPIEF) is an annual Russian business event held in St. Petersburg since 1997, under the Russian President's auspices since 2006. It gathers 10,000+ participants from 120+ countries, including CEOs, heads of state, and ministers. The Forum aims to bridge barriers between Russia and other countries including India, attract foreign investment, and promote Russia as a business-friendly nation. SPIEF is often compared to the World Economic Forum in Davos and called Russian Davos. It was held recently.