
German Chancellor Angela Merkel appealed to business leaders at the World Economic Forum to give policy makers the space they need to tackle the debt crisis, pledging that Europe will pull together and restore confidence.

Agriculture is part of the solution to the world's environmental challenge and must play a key role at next June's Rio summit on sustainable development, the Brazilian head of the UN food agency said this week.

Hong Kong became the world’s most developed financial market, overtaking the US and the UK for the first time, according to the Financial Development Report 2011 published by the World Economic Forum (WEF) on Wednesday.

Chile and Uruguay are the least corrupt countries in Latinamerica, while Paraguay and Venezuela are at the other extreme, according to the latest ‘Corruption Perceptions’ Index’ from Transparency International released this week.

Former British Prime Minister Gordon Brown has been appointed as an unpaid advisor to the World Economic Forum. He is to be the chairman of a new policy and initiatives co-ordination board.

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.

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.