He begins the meeting as he always does -- with a prayer: "Come, Holy Spirit, and renew the face of the earth."
Japan will hand out $17 billion in development aid to other Asian countries to help them face the global financial crisis, Prime Minister Taro Aso said Saturday at the World Economic Forum.
British Prime Minister Gordon Brown has called on world leaders to set about reforming international financial institutions to prevent a repeat of the circumstances that led to the current financial crisis.
Tehran stood ready to work with U.S. President Barack Obama to establish better relations with Washington, Iranian Foreign Minister Manouchehr Mottaki told a CNN-hosted panel at the World Economic Forum.
Israeli President Shimon Peres said he had an amicable phone conversation with Turkish Prime Minister Recep Tayyip Erdogan, a day after Erdogan stormed offstage during an angry exchange with Peres at the World Economic Forum in Davos, Switzerland.
German Chancellor Angela Merkel warned Friday that U.S. efforts to prop up its failing auto industry with bailout money amount to a form of protectionism that threatened to distort the global economy.
From January 28 to February 1 CNN is broadcasting live and reporting online from the World Economic Forum in Davos, Switzerland, as the world's leading power brokers and moneymakers gather to discuss the state of the world in 2009.
Thousands of people turned out to greet Turkish Prime Minister Recep Tayyip Erdogan on his return home from Davos Friday, a day after he stormed off stage following a heated exchange with Israeli Prime Minister Shimon Peres over Israel's military campaign in Gaza.
Royal Ascot it ain't. But here in Davos, a hat is more than something to put on your head; it is a statement -- as much of preparedness as of status.
The head of the World Economic Forum has urged delegates to respond to the global economic crisis by shaping a "new world" as they braved snowstorms, icy roads and subzero temperatures Tuesday to gather for the five-day annual brainstorm in the Swiss Alps.
He begins the meeting as he always does -- with a prayer: "Come, Holy Spirit, and renew the face of the earth."
Japan will hand out $17 billion in development aid to other Asian countries to help them face the global financial crisis, Prime Minister Taro Aso said Saturday at the World Economic Forum.
British Prime Minister Gordon Brown has called on world leaders to set about reforming international financial institutions to prevent a repeat of the circumstances that led to the current financial crisis.
Tehran stood ready to work with U.S. President Barack Obama to establish better relations with Washington, Iranian Foreign Minister Manouchehr Mottaki told a CNN-hosted panel at the World Economic Forum.
Israeli President Shimon Peres said he had an amicable phone conversation with Turkish Prime Minister Recep Tayyip Erdogan, a day after Erdogan stormed offstage during an angry exchange with Peres at the World Economic Forum in Davos, Switzerland.
German Chancellor Angela Merkel warned Friday that U.S. efforts to prop up its failing auto industry with bailout money amount to a form of protectionism that threatened to distort the global economy.
From January 28 to February 1 CNN is broadcasting live and reporting online from the World Economic Forum in Davos, Switzerland, as the world's leading power brokers and moneymakers gather to discuss the state of the world in 2009.
Thousands of people turned out to greet Turkish Prime Minister Recep Tayyip Erdogan on his return home from Davos Friday, a day after he stormed off stage following a heated exchange with Israeli Prime Minister Shimon Peres over Israel's military campaign in Gaza.
Royal Ascot it ain't. But here in Davos, a hat is more than something to put on your head; it is a statement -- as much of preparedness as of status.
The head of the World Economic Forum has urged delegates to respond to the global economic crisis by shaping a "new world" as they braved snowstorms, icy roads and subzero temperatures Tuesday to gather for the five-day annual brainstorm in the Swiss Alps.
Business leaders at the World Economic Forum warned Thursday that the financial crisis was far from over -- and said it could be 2010 before many contracting economies see the first signs of recovery.
Russian Prime Minister Vladimir Putin and Chinese Premier Wen Jiabao called Wednesday for the complete reform of the world's financial systems during keynote speeches at the World Economic Forum in Switzerland.
The worldwide economic recession has exposed a "crisis of global governance" that can only be addressed by the radical reform of the United Nations, former U.N. Secretary-General Kofi Annan said Wednesday as the World Economic Forum got under way in Switzerland.
Heads of state, influential politicians, business leaders and global power brokers will gather in the Swiss Alps next week for the World Economic Forum -- with the perilous state of the planet's financial system set to top this year's agenda.
Unless more is done to tackle growing extremism in countries including Pakistan, Afghanistan could once again fall into terrorist hands with dire consequence for the region and the world, the country's president warned Friday.
The world will weather its financial storm, but must battle climate change, poverty and conflict to reap a new "industrial revolution," the global business elite said Sunday, trying to dispel pessimism that has hung over a major meeting in Switzerland.
Collaborative innovation may have been the theme of this year's event in Davos, but it's the threat of global recession that is the main topic of conversation as the event begins. CNN's Becky Anderson, Charles Hodson and Richard Quest will be bringing you extensive coverage of the event throughout the week.
Global finance chiefs drove home warnings over the market crisis Saturday, as concerns of a possible recession continued to trouble a meeting of world powerbrokers in Switzerland.
CNN's Recession-o-meter -- our unscientific poll of financial experts at the World Economic Forum at Davos -- has spoken. And it's decided that the world economy is in slowdown, not recession.
Microsoft billionaire Bill Gates announced a new direction Friday as he pledged $306 million in grants to develop farming in poor countries, leading the charge for corporate responsibility at a major meeting of business chiefs.
Pakistan's President Pervez Musharraf lashed out Thursday at what he called Western "intellectual arrogance" toward his country, angrily dismissing claims that rising unpopularity has undermined his authority.
Economic worries were the main topic of conversation among CEOs and politicians at the start of the World Economic Forum in the Swiss resort of Davos, and it seems to be one of the top issues on your minds, too.
What will be the biggest question asked at Davos this year? The environment, economic development and energy security will all be hot topics discussed by the rich and powerful who will gather in Davos, Switzerland for the World Economic Forum from January 23 to 27.
If there's a sweet smell at this year's Global Economic Forum, it's unlikely to be success.
CNN's Recession-o-meter swung towards slowdown Thursday as correspondent Richard Quest put big business figures on the spot, pushing them to predict the financial future at at the World Economic Forum in Davos.
Bleak forecasts for the global economy dominated Wednesday's opening of the annual World Economic Forum in Davos, but business and government leaders were divided over the possibility of a global recession.
Avalanching global markets were expected to come crashing onto the agenda in the Swiss ski resort of Davos this week as world leaders and big business names gathered for the annual meeting of the World Economic Forum.
While many blogs are seldom read outside the bedroom they're written in, Frenchman Loïc Le Meur's are hard to miss.
From January 23 to 27 the sleepy Swiss town of Davos will be overrun with some of the biggest names in business and politics for five days of talking, networking, schmoozing and skiing.
Tony Blair will lead a prestigious panel in a unique CNN and World Economic Forum joint debate, to be televised on CNN from this year's event in Davos.
With over 200 public figures attending this year's World Economic Forum in Davos, the Swiss town is set to be a real-life who's who of international statesmen and politicians. Below we've profile a few of this year's big hitters.
