News / Americas

Economy, Haiti to Take Center Stage at World Economic Forum

Multimedia

Audio
Lisa Schlein

More than 2,500 business, government and civil society leaders from more than 90 countries are expected to attend this year's World Economic Forum in the small Swiss alpine resort of Davos.  Organizers of the meeting, which opens January 27, say the global economic crisis and the catastrophic earthquake in Haiti will top the agenda. 

The usual glamour and glitter that traditionally has been part of the annual World Economic Forum will be missing this year.  Celebrities such as Angelina Jolie and Bono will not be coming to Davos.  Although the director of the blockbuster movie Avatar, James Cameron, will put in an appearance.

These are sober times.  The world is preoccupied by the economic crisis, by issues such as terrorism, climate change and natural disasters.  These concerns are reflected by the guest list of prominent business, government and civic leaders and in its weighty agenda.

Founder and executive chairman of the World Economic Forum, Klaus Schwab, says the world has fundamentally changed.  He says there is a real danger of the world moving from the financial and economic crises of the past two years into a social crisis in 2010.

"As a consequence of the debt situation of governments, of the fiscal situation of governments, we will have certainly squeezed public and private households and we will have increased unemployment figures," he said.  "So, Davos will be the place to take really stock of where we stand in the aftermath of the crisis and to make sure that we continue to undertake the necessary reforms." 

Top U.S. economic advisers and members of the U.S. Congress will be among those actively participating in these discussions.

French President Nicolas Sarkozy, will deliver the opening address.  He will be one of more than 30 heads of state or government who will attend the meeting.  Others include the Presidents of Tanzania, South Africa, Mexico, Canada, and South Korea.

Former U.S. President Bill Clinton, who is the special United Nations representative for Haiti will, together with the Forum, launch a major initiative to engage business in the reconstruction of Haiti.

The Forum's managing director and chief business officer, Robert Greenhill, says the Forum wants the business community to make a sustained, long-term commitment to help Haiti by providing investment and other development schemes so Haiti can grow and move out of poverty.

"That is not a short-term element," he noted.  "We do not expect to have a flash appeal with short-term responses.  That will be the relief program, which is important.  This is a sustained engagement, which the Forum will be doing with the Clinton Global Initiative and the United Nations to actually engage the business community, well after the television cameras have gone.  And, in fact, what we want to do is to build on the stability and the base, to build on the opportunities that were in Haiti before the earthquake and remain there afterwards." 

The Davos Forum also plans to deal with the aftermath of the Climate Change Conference in Copenhagen. 

The chair of next year's UN climate change conference, Mexican President, Felipe Calderon, will participate in key strategy discussions aimed at formulating new ideas to move the issue of climate change forward.

You May Like

Video Migrants Caught in No-Man's Land In French Port

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching 'Fortress Europe' More

Video Westgate Mall Attack Survivors Confront Painful Memories

On anniversary of terror attack, survivors discuss how they have coped with trauma they experienced that day More

New Hints That Dark Matter Exists

New evidence from International Space Station hints at existence of dark matter and dark energy More

This forum has been closed.
Comments
     
There are no comments in this forum. Be first and add one

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Migrants Caught in No-Man's Land Called Calaisi
X
Lisa Bryant
September 19, 2014 5:04 PM
The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Migrants Caught in No-Man's Land Called Calais

The deaths of hundreds of migrants in the Mediterranean this week has only recast the spotlight on the perils of reaching Europe. And for those forunate enough to reach a place like Calais, France, only find that their problems aren't over. Lisa Bryant has the story.
Video

Video Westgate Siege Anniversary Brings Back Painful Memories

One year after it happened, the survivors of the terror attack on Nairobi's Westgate Shopping Mall still cannot shake the images of that tragic incident. For VOA, Mohammed Yusuf tells the story of victims still waiting for the answer to the question 'how could this happen?'
Video

Video Militant Assault in Syria Displaces Thousands of Kurds

A major assault by Islamic State militants on Kurds in Syria has sent a wave of new refugees to the Turkish border, where they were stopped by Turkish border security. Turkey is already hosting about 700,000 Syrian refugees who fled the civil war between the government and the opposition. But the government in Ankara has a history of strained relations with Turkey's Kurdish minority. Zlatica Hoke reports Turkey is asking for international help.
Video

Video CERN Accelerator Back in Business

The long upgrade of the Large Hadron Collider is over. The scientific instrument responsible for the discovery of the Higgs boson -- the so-called "God particle" -- is being brought up to speed in time for this month's 60th anniversary of the European Organization for Nuclear Research, known by its French acronym CERN. Physicists hope the accelerator will help them uncover more secrets about the origins of the universe. VOA’s George Putic reports.
Video

Video Whaling Summit Votes to Uphold Ban on Japan Whale Hunt

The International Whaling Commission, meeting in Slovenia, has voted to uphold a court ruling banning Japan from hunting whales in the Antarctic Ocean. Conservationists hailed the ruling as a victory, but Tokyo says it will submit revised plans for a whale hunt in 2015. Henry Ridgwell reports from London.
Video

Video Russian Economy Reeling After New Western Sanctions

A new wave of Western sanctions is hitting Russia’s economy hard. State-owned energy firms continue to bleed profits and Russia’s national currency plunged to a new low this week after the U.S. and the European Union announced new sanctions to punish Russia's aggressive stance in eastern Ukraine. But as Mil Arcega reports, the sanctions could also prove costly for European and American companies.
Video

Video Belgian Researchers Discover Way to Block Cancer Metastasis

Cancer remains one of the deadliest diseases, despite many new methods to combat it. Modern medicine has treatments to prevent the growth of primary tumor cells. But most cancer deaths are caused by metastasis, the stage when primary tumor cells change and move to other parts of the body. A team of Belgian scientists says it has found a way to prevent that process. Zlatica Hoke has more.
Video

Video Mogadishu's Flood of Foreign Workers Leaves Somalis Out of Work

Unemployment and conflict has forced many young Somalians out of the country in search of a better life. But a newfound stability in the once-lawless nation has created hope — and jobs — which, some say, are too often being filled by foreigners. Abdulaziz Billow reports from Mogadishu.
Video

Video A Dinosaur Fit for Land and Water

Residents and tourists in Washington D.C. can now examine a life-size replica of an unusual dinosaur that lived almost a hundred million years ago in northern Africa. Scientists say studying the behemoth named Spinosaurus helps them better understand how some prehistoric animals adapted to life on land and in water. The Spinosaurus replica is on display at the National Geographic museum. VOA’s George Putic has more.
Video

Video Iraqi Kurdistan Church Helps Christian Children Cope find shelter in churches in the Kurdish capital, Irbil

In the past six weeks, tens of thousands of Iraqi Christians have been forced to flee their homes by Islamic State militants and find shelter in churches in the Kurdish capital, Irbil. Despite U.S. airstrikes in the region, the prospect of people returning home is still very low and concerns are starting to grow over the impact this is having on the displaced youth. Sebastian Meyer reports from Irbil on how one church is coping.
Video

Video NASA Picks Boeing, SpaceX to Carry Astronauts Into Space

The U.S. space agency, NASA, has chosen Boeing and SpaceX companies to build the next generation of spacecraft that will carry U.S. astronauts to the International Space Station by the year 2017. The deal with private industry enables NASA to end its dependence on Russia to send space crews into low Earth orbit and back. Zlatica Hoke has more.
Video

Video Future of Ukrainian Former President's Estate Uncertain

More than six months after Ukraine's former President Viktor Yanukovych fled revolution to Russia, authorities have yet to gain control of his palatial estate. Protesters occupy the grounds and opened it to tourists but they are also refusing to turn it over to the state. VOA's Daniel Schearf reports from Mezhigirya, just north of Kyiv.


Carnage and mayhem are part of daily life in northern Nigeria, the result of a terror campaign by the Islamist group Boko Haram. Fears are growing that Nigeria’s government may not know how to counter it, and may be making things worse. More

AppleAndroid

More Americas News

Former El Salvador President to Await Graft Trial in Jail, Not at Home

Francisco Flores, who had been on the run until early Sept. before turning himself in, accused of misappropriating $15M in 2001 earthquake relief donations
More

US Won't Impede Venezuela's UN Security Council Bid

Washington is clearly unhappy, however, with idea of country joining the Council, which has the task of overseeing international peace and security
More

Video Dehydration Is Top Killer of Southern Arizona's Migrants

US Border Patrol's search and rescue unit launches 'blue blinking light of life program' - a series of poles strategically placed throughout desert that emit high-intensity blue light
More

US Steps Up Pressure on Guatemala Over Labor Rights

Trade representative says Obama administration will push ahead with legal action under free trade agreement to make country meet international standards
More

Video US Attempts Crackdown on Trafficking Along Southern Border

Nogales, Arizona, notoriously known as 'tunnel city,' used by traffickers to smuggle humans, narcotics into US and Border Patrol responds with new technologies
More

Video Arizona Non-Profit Helps Keep Dehydrated Migrants Alive

The Sonoran Desert, a common crossing point for illegal immigrants, is one of North America's hottest places
More