Loading…
Friday, October 24, 2014
Current Weather
Loading Current Weather....
Published: Sunday, 1/27/2013

Fragile economy, other global woes dominated Davos

ASSOCIATED PRESS

DAVOS, Switzerland — The fragile state of the global economy and a host of other woes — from Syria's escalating war to the rocky fallout from the Arab Spring — dominated the annual meeting of the global elite at Davos, casting a sense of uncertainty and foreboding over what lies ahead.

Much of the overt glitz and glamor that was long a feature of the World Economic Forum was absent this year, a decision founder Klaus Schwab said reflected the serious issues confronting the planet.

As more than 2,500 global movers and shakers headed home today, there was broad agreement that things are beginning to look up on the economic front — at least in China, Africa, and emerging markets, but not in Japan, Europe, and the United States.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories