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World leaders gather at WEF meet in Davos
Europe needs to adopt a ‘light touch’ on regulation to boost the continent’s growth, top leaders say
French President Nicolas Sarkozy (L) shakes hand with Bill Gates at the end of a bilateral meeting on January 27 at the WEF annual meeting in Davos. Sarkozy dismissed speculation against the euro on January 27, declaring that he and German Chancellor Angela Merkel would never allow the currency to fail (Getty Images)
British Prime Minister David Cameron addresses the WEF annual meeting in Davos on January 28. Cameron said that deregulation in Europe could add billions to the beleaguered economy. He said fellow European leaders such as French President Nicolas Sarkozy and German Chancellor Angela Merkel agree that Europe needs to adopt a ‘light touch’ on regulation to boost the continent’s growth (Getty Images)
Finnish President Tarja Halonen participates in a session on ‘Redefining Sustainable Development’ at the WEF annual meeting in Davos on January 28. UN Secretary General Ban Ki-moon on January 28 called on the US and Europe to take the lead in combating climate change, rather than waiting for others to act (Getty Images)
(L to R) South African President Jacob Zuma, Tanzanian President Jakaya Kikwete, Ethiopian Prime Minister Meles Zenawi and Zimbabwe’s Prime Minister Morgan Tsvangirai arrive to attend the dinner ‘From Vision to Action: Africa’s Next Chapter’ at the WEF annual meeting on January 27 (Getty Images)
Norwegian Crown Prince Haakon and Crown Princess Mette-Marit listen to former US President Bill Clinton on the second day of the WEF on January 27. The annual meeting of world elites at the Swiss ski resort of Davos opened on January 26 with executives highlighting a power shift from the advanced world to emerging market as recovery takes hold (Getty Images)
Former US President Bill Clinton speaks on the second day of the WEF in Davos (Getty Images)
Indonesia President Susilo Bambang Yudhoyono addresses ‘The Big Shift and the Imperative of 21st Century Globalism’ session on January 27 during the WEF annual assembly in Davos. Russian energy giant Rosneft and US firm Exxon Mobil on January 27 signed at the WEF a deal for joint exploration in the Black Sea, both companies said, marking their first cooperation in the region (Getty Images)
The head of the European Central Bank Jean-Claude Trichet gestures before attending a session untitled ‘Europe: Back to the Drawing Board?’ at the WEF annual meeting on January 27. Trichet said that Europe’s common currency is not in crisis but that greater surveillance is necessary (Getty Images)
World Trade Organization (WTO) chief Pascal Lamy (R) addresses the audience next to the chairman of Goldman Sachs International, Peter Sutherland (L) and China’s Commerce Minister Chen Deming (C) during the ‘China’s Impact on Global Trade and Growth” session at the WEF annual meeting on January 27. China promised on January 27 to help lift global consumption, with Chen Deming saying that the Asian giant plans to ‘buy even more from overseas’ (Getty Images)
A sniper stands on the roof of the Kongress Hotel close to the Congress Center during the WEF annual meeting on January 27 (Getty Images)
Police stand next to the Morosani Posthotel after a ‘small explosion’ at the hotel during the WEF annual meeting on January 27. Police said “no one was injured and material damages were minimal”. Some 2,500 political and industry leaders are gathered in the small alpine village for the forum which ends on January 30 (Getty Images)
Participants leave the assembly hall during the WEF annual meeting on January 27. European leaders rushed to defend the embattled euro, with French President Nicolas Sarkozy declaring he would never let it fail and Europe’s top central banker denying there was a crisis (Getty Images)
