The second day of World Economic Forum at Davos saw politicans and business leaders discussed issues, which are critical to the world economy. While, the Euro Zone crisis remained the focus of discussions, there were other issues, which also managed grab eyeballs.
Here is a look at the second day developments of the five day international event.
The second day of World Economic Forum saw politicans and business leaders discussing issues critical to the world economy. While, the Euro Zone crisis remained in focus, there were other issues, which also managed to garner attention.
Here is a look at the course of events today.
Unilever COO Harish Manwani says the businesses should become more responsible to attain inclusive growth.
Shimon Peres (R), President of Israel, talks next to Palestinian Prime Minister Salam Fayyad at the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos.
Google's chief business officer and senior VP Nikesh Arora says the firm can take action on objectionable content on any information but cannot self-censor the content.
Microsoft founder and billionaire philanthropist Bill Gates hold a medicine while posing next to a cut out of former British Prime Minister Tony Blair to promote the Global Fund's 10th anniversary during the World Economic Forum (WEF) annual meeting in Davos.
Gates announced a US dollar 750 million contribution to the Global Fund to fight AIDS, tuberculosis and malaria.
Pascal Lamy, Director-General of World Trade Organization (WTO) said there has been very little impact of protectionism on international trade as such policies have impacted the world trade by just 1 per cent
Helle Thorning-Schmidt, Prime Minister of Denmark prepares to address participants at the World Economic Forum (WEF) in the congress center of the Swiss resort of Davos.
Infosys CEO SD Shibulal said if US incentivises setting up of businesses at local level, it will create trade barriers and harm investment climate.
British PM David Cameron in a special address said that these were perilous times for the world and especially Europe.
"While China grows at 8 percent, India at 7 percent and Africa at 5 percent, Europe is only growing at 0.6 percent", he said.
Raghuram Rajan, professor at Booth School of Business, University of Chicago says growth can only take place only after India utilises its resources properly.
