The New Reality The balance of world power has shifted. Shusha was the key to the recent war between Azerbaijan and Armenia. Now Baku wants to turn the fabled fortress town into a resort. Whether you look at the WEF as a model for the future of global governance or an unseemly celebration of wealth and power at By ahughey.
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Let's reshape it today. Corning Gorilla Glass TougherTogether. ET India Inc. The annual gathering of globalisation's elite in the Swiss mountain resort of Davos begins today with the mood of company bosses much cheerier than a year ago.
A snapshot of more than 1, chief executives from 69 countries found that fears of a double dip recession, widespread in early , had eased significantly.
Every continent saw confidence improve, although executives in western Europe were the least upbeat. China was seen as the country most crucial for future growth. The survey was conducted before yesterday's data showing that the UK economy shrunk by 0.
Leaders in government, business and academia from around the world have been arriving in Davos over the last 24 hours for a meeting themed on the "new reality" as the world's economies rebuild in the wake of the global financial crisis.
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