Tag: Davos

• Tuesday, April 12th 2011 - 21:26 UTC

  IMF calls on the US to tackle the deficit and help financial markets stability

  

  There is an urgent need for the United States to tackle the deficit in the government's finances since the size of the exposure risks creating instability in the financial markets, according to the International Monetary Fund. However the IMF says the global economic recovery is gaining strength.

• Sunday, January 30th 2011 - 21:44 UTC

  Bill Gates Donates U$120 Million To Fight Polio

  

  Last year at the World Economic Forum, Bill and Melinda Gates called for the next ten years to be the decade of vaccines. This week as talks reconvene in Davos, Switzerland, Gates in partnership with the United Kingdom, has donated an additional $120 million dollars to fight polio in particular. This news comes in light of the Global Health Fund fraud accusations that Gates has $150 million invested in.

• Friday, January 28th 2011 - 19:56 UTC

  Tory Leaders Will Stick With Cuts, Adjustment Will Not Be Without Struggle

  

  David Cameron and George Osborne have insisted they will stick to their spending cuts programme despite deepening economic gloom and renewed threats of co-ordinated strike action.

• Friday, January 28th 2011 - 19:46 UTC

  Organised Crime on Agenda at Davos

  

  The World Economic Forum Global Agenda Council on Organised Crime, meeting in Davos, has issued a three page report on the international organised crime situation.

• Friday, January 28th 2011 - 18:52 UTC

  Ban Ki-moon Says World Leaders Need to “Lead By Action”

  

  United Nations Secretary General Ban Ki-moon today called for “revolutionary action” to achieve sustainable development, warning that the past century’s heedless consumption of resources is “a global suicide pact” with time running out to ensure an economic model for survival.

• Friday, January 28th 2011 - 02:14 UTC

  Europe Could Fall Apart Sustaining Euro Warns Soros

  

  Billionaire financier George Soros warned on Wednesday that Europe could potentially fall apart because of the “two-speed Europe” of haves and have-nots that is being perpetuated by the reform of the embattled euro.

• Thursday, January 27th 2011 - 19:55 UTC

  France and Germany Committed to European Single Currency

  

  European leaders and business people met on Thursday at the World Economic Forum in Davos, Switzerland. President Sarkozy said both he and German Chancellor Angela Merkel were firm in their commitment to the European single currency.

• Wednesday, January 26th 2011 - 17:17 UTC

  Davos Economic Forum Gets Underway, Adjusting to “New Reality”

  

  Adjusting to the “new reality,” was top of the agenda at the World Economic Forum on Tuesday. Some 2,500 business leaders, politicians and social activists are looking forward, while trying to anticipate unexpected shocks, it was reported.