Davos Conference Wraps Up

The World Economic Forum in Davos, Switzerland drew to a close Sunday after a week’s worth of debate on global debt, climate change, food shortages, and a host of other international issues.

Prominent politicians spoke to the world’s most powerful business leaders at the upscale snowbound resort in the Swiss mountains during the annual event, aimed at strengthening a globalized economy.

UN Secretary General Ban Ki-moon pushed hard for the development of an energy-efficient economy, urging the United States and Europe to lead the rest of the world in combatting climate change.


“Let me highlight the one resource that is scarcest of all: time,” Ban said, according to AFP.

Other issues that took precedence at the gathering included the ongoing anti-government revolts in North Africa, Chinese asset-price inflation, rising food prices, and Europe’s debt crisis.

The first day of the conference was rocked by news of a Moscow airport bombing, which took place shortly before Russian President Dmitry Medvedev was due in Davos. The violence delayed his arrival, and the forum paused for a minute of silence prior to his opening day speech.


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