Davos Notebook

Royals in Davos

January 29, 2010

Among world political leaders and business executives, there are several royals who are making appearence in Davos.

Davos no-shows play a dangerous game

January 28, 2010

High profile no-shows are a feature of this year’s Davos meeting, and today’s session on global governance with a panel of political leaders showed the dangers of not being present.

Sprechen sie Davos?

January 28, 2010

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Ever wonder if Davos Man is a different breed? They sure can talk a different language.

Challenge for Asian banks is to assert their legitimate right

January 28, 2010

Asian countries have learnt their financial lesson the hard way when they were hit by multiple currency crisis more than a decade ago.

Failure of Copenhagen cannot be repeated, SAP chief says

January 28, 2010

Failure to agree a successor to the Kyoto protocol would lead to countries pursuing their own objectives and expose world economies to protectionism, CEO of business software company SAP Léo Apotheker said while in Davos to attend the World Economic Forum.

Africa feels the heat on climate change

January 28, 2010

kilimaIt may have contributed less than any other continent to CO2 emissions, but Africa is on the front line when it comes to the impact of climate change.

Andrew Ross Sorkin at the Davos Debates

By Reuters Staff
January 28, 2010

Business columnist and chief M&A reporter at the NYTimes, Andrew Ross Sorkin, speaks about his experience at Davos 2010.

from Felix Salmon:

Youthful swearing at Davos

By Felix Salmon
January 28, 2010

I like James Gibney's evisceration of Davospeak:

Dr. Schwab and Company have made a handsome business out of enabling old-fashioned clubby capitalism by wrapping it in feel-good globoblather: "unprecedented multistakeholder, multimedia dialogue…look at all issues on the global agenda in a systemic, integrated and strategic way…intensify collaboration and develop innovative solutions…generate an unprecedented process of discussion and deliberation." As George Orwell tellingly observed, "When there is a gap between one's real and one's declared aims, one turns as it were instinctively to long words and exhausted idioms, like a cuttlefish spurting out ink." The next time you hear "multistakeholder," remember that, in Davos at least, corporations hold the biggest stake.

from MacroScope:

Growth is not enough for Africa

January 28, 2010

Lots of talk at the moment about how Africa's economy is looking up.  The International Monetary Fund, for one, reckons sub-Saharan growth will be 1 percentage point above the world average this year and it has put eight African countries in its top 20 fastest growing economies list for 2010.

George Osborne discusses banking

By Reuters Staff
January 28, 2010

George Osborne, finance spokesman for the UK Conservative Party, relays his thoughts on the discussion of the banking system taking place at Davos.