Davos hopes to turn risk into reward

first_img whatsapp More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comPuffer fish snaps a selfie with lucky divernypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Monday 24 January 2011 8:16 pm Show Comments ▼ THIS year is meant to be one that takes the world “from risk to opportunity”, according to a pre-Davos briefing paper, but the 30 heads of state and their entourages meeting in the Swiss ski town from tomorrow are likely to be more preoccupied with the former than the latter.In a sign of the 2011 World Economic Forum’s (WEF) focus on the downside, Davos will this year serve as a platform for the launch of a global Risk Response Network, a team of coordinators aiming to bring together policymakers, academic and risk analysts.And among its ambitions will be to head off a possible currency war by fostering “strategic dialogue on international currency interactions”.But however nicely politicians might speak in public, the meetings that count will take place in back rooms, far from the glare of cameras. German chancellor Angela Merkel and Spanish finance minister Elena Salgado will both be in attendance, as will ECB president Jean-Claude Trichet. And with negotiations ongoing over how to put the euro crisis to bed, Trichet will be keen to know when he can stop mopping up sovereign bonds on the secondary market.But the Eurozone crisis is just one aspect of the “Shared Norms for a New Reality” that is meant to form the basis for this year’s debates. “There is a new economic reality: parts of the world are growing much faster … and of course parts of the world that have been the driver of growth are now struggling,” said WEF senior director Lee Howell.He says the aim is to push leaders away from protectionism and political rivalry – and presumably the champagne receptions will help matters on that score.Meanwhile, the return of financial industry figureheads like JP Morgan head Jamie Dimon and a strong presence from its rival banks, with Citi’s Vikram Pandit and Morgan Stanley’s John Mack set to fly in, will give bankers a chance to mull one new “norm” they all have to share: the raft of Basel III regulations. Sharecenter_img KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmLuxury SUVs | Search AdsThese Cars Are So Loaded It’s Hard to Believe They’re So CheapLuxury SUVs | Search Ads Davos hopes to turn risk into reward whatsapp Tags: NULLlast_img

Leave a Reply

Your email address will not be published. Required fields are marked *