Davos Notebook

World Bank’s Zoellick on market turmoil

January 26, 2008

The World Bank’s president reflects on how the current market turmoil is affecting developing countries.

Invest in France head on SocGen impact

January 26, 2008

Favre gives his view on whether the SocGen scandal has damaged the climate for investing in France.

Accenture’s Foster: Businesses remain upbeat

January 26, 2008

Mark Foster, group CEO of Accenture’s business consulting unit, believes there is still a pretty upbeat mood among executives. There may be troubled times ahead, but there’s also an underlying sense of confidence, he says.

Google CEO Schmidt: mobile web a “huge revolution”

January 26, 2008

Eric Schmidt, the chief executive of Google, likes to stay connected.

When panellists at a session on mobile technology in Davos were asked to reveal just how many mobile devices they had about their person, Schmidt emerged the clear winner, pulling out a record haul of four – BlackBerry, mobile phone, iPhone and wireless camera.

Can the Fed get traction? Mortgage plan may help

January 25, 2008

Since you asked, I am convinced that the Fed’s rate cuts, bold as they are, will help but are far from a solution.

Bankers vs. real world, part deux

January 25, 2008

Beyond the mudslinging against bankers (fraud+subprime=grief), there seems to be a real difference in opinion in Davos about the health of the economy. People from finance are a lot gloomier than many of their peers from industry.

Debt revulsion at Davos

January 25, 2008

One of the better themes emerging at Davos is how everybody is mad at bankers. Here’s the thinking – First they lose billions and billions of dollars making subprime loans, quite possibly bringing down the economy in the process, then they go and allow some kid trader to lose $7 billion dollars playing with matches, or, er derivatives, or futures or something.

Digitas’ David Kenny on the future of advertising

By Reuters Staff
January 25, 2008

John Rossant of Publicis interviews his colleague, Digitas CEO David Kenny, about how advertising will shape up in the future. Publicis acquired Digitas in 2007.

The U.S. a Third World country?

By Reuters Staff
January 25, 2008

Business Week journalist Bruce Nussbaum gives us his take on the state of the U.S. economy. Posted by Publicis’ John Rossant, who is contributing to the Reuters/Nokia mobile journalism project in Davos.

Swiss Re’s Aigrain on companies and the environment

January 25, 2008

Aigrain talks about Swiss Re efforts to help save the environment.

Get Video here