Davos leaders, Predicting a sharp downturn

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World Bank head Ngozi Okonjo-Iweala told press at the Davos Conference: "I'm worried I think the slowdown is very sharp, we hope that the stimulus that has been given by the cut in interest rates by the Fed will help ward of hard times"Read Full Story

Tony Blair at Davos

By Staff Account on
Former UK Prime Minister Tony Blair told the press that he expects financial concerns to dominate the Davos talks this year.  The conference starts up this week. "I think the context in which Davos takes place, especially with so many leading people from the business and finance world, it is bound to be dominated by the situation in the world economy," he told a press conference.Read Full Story