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Davos 2011 - World Economic Forum
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Political and business leaders invited to the World Economic Forum's annual meeting in Davos this week will sift through the blessings and curses of global interdependence that not only brought the world’s economies to a collective low three years ago but also provide the only realistic return to prosperity
In Focus
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The use of technology and learning from other countries are two good ways to boost the US education system, Bill and Melinda Gates, cofounders of the charitable organization the Bill and Melinda Gates Foundation, told CNBC Friday.
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Top management at Google plans no major changes in its direction, even though two of the top executives shifting roles in April, CEO Eric Schmidt told CNBC Friday.
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Cash is flowing briskly again, two years after the worst economic crisis since the Great Depression, and is fueling the global economic recovery, JPMorgan Chase CEO Jamie Dimon told CNBC.
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"I think there is much more confidence now that we've got a sustainable expansion. It is not a boom," says the U.S. Treasury Secretary.
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The U.K.'s most recent GDP showing was disappointing, but the government can policy make adjustments to improve future performance, Britain's Chancellor of the Exchequer George Osborne told CNBC Friday.
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Bank of America does not need to raise fresh capital to comply with the new regulations shaping the financial world and the quality of its credit portfolios is getting better, CEO Brian Moynihan told CNBC.
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China's red-hot economy is fueling inflationary gains in commodities prices, but inflation in emerging markets is nevertheless 'looking manageable" at this point, Dow Chemical boss Andrew Liveris told CNBC in Davos.
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The US needs to change the way it is spending money if it wants to ensure a sustainable recovery, Joseph Stiglitz, economy professor at Columbia and a Nobel prize laureate, told CNBC Friday from Davos.
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Royal Dutch Shell is seeking to grow organically and sees demand for oil and gas rising over the next years, CEO Peter Voser told CNBC Friday in an interview from Davos.
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Dell founder Michael Dell said networking services to accommodate the wireless craze is now the company's strongest business.
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Stock markets in the developed world have risen too much, Robert Shiller, economics professor at Yale, told CNBC Thursday.
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Rep. Barney Frank (D-Mass.), co-author of the Dodd-Frank law, said legislative efforts succeeded in discouraging the "perverse incentive" of the past by prompting companies to provide "more compensation in stock.
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At the World Economic Forum in Davos, CNBC held a keynote session asking if the rise of the East is assured and what that will mean for the jobs market in America and Europe.
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China could purchase large amounts of struggling European debt at bargain prices, taking away a major threat to the euro zone, Harvard Professor Niall Ferguson told CNBC.
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European Central Bank President Jean-Claude Trichet tells CNBC's Maria Bartiromo that while Europe is not declaring victory yet, it is recovering.
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Higher commodities prices and an uptick in China's inflation rate are putting the global economy in a better situation by cutting the potential for deflation, George Soros, chairman of Soros Fund Management, told CNBC Wednesday.
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Stephen Schwarzman, founder and CEO of the Blackstone Group, called the State-of-the-Union speech part of a welcome move to the center following the midterm elections.
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The White House plan to partially freeze government spending is just "spare change" compared to a budget deficit of more than $1 trillion and eventually the US will have to raise taxes, economist Nouriel Roubini told CNBC Wednesday.
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The catchy and no doubt memorable phrase coined by Pimco boss Bill Gross amid the financial crisis is rapidly disappearing from Wall Street’s lexicon—and probably Davos' as well.
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A focus by countries on developing a skilled workforce through improvements in education is necessary, according to participants in a CNBC debate at the World Economic Forum in Davos, Switzerland.
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At least for this year, the euro zone will remain united and no country is likely to default, analysts told CNBC.com. But debt restructuring is on the horizon for later.
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Though the US-China relationship often dominates the geopolitical trade debate, Beijing is now the top trading partner for Japan, Australia and South Africa, as well as South Korea, Hong Kong and Taiwan.
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After decades of boom to bust behavior, economies from Mexico to Brazil are looking dynamic, diverse and durable, helped by a wealth of natural resources and a good measure of fiscal discipline.
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As demand for technology rises in the larger emerging markets, U.S.-based companies will find both more opportunities and competition for their products overseas.
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Global leadership in the sector is still fragmented—the U.S. China, Brazil and Israel can all lay claim in certain fields—but there's no doubt the sector’s center of gravity is moving slowly from the developed economies to the emerging markets.
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Government policymakers in Davos this week looking to revive growth might want to emulate global mutual-fund managers, who are having no trouble finding growth stories across the developing world and in pockets of developed markets.
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Political instability and business corruption make these markets risky, but they have a place in the portfolios of investors looking for explosive growth.
Heard in Davos Blog
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Heard in Davos 2011: Dispatches from the Conference
Interactive Features
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While Europe struggles with its sovereign debt crisis, the U.S. is running up enormous budget deficits of its own. Which is in worse financial shape.
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See if you could your own at the meeting of economic, business and political leaders.
Slideshow
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The World Economic Forum attracts the rich, famous and powerful, not to mention its fair share of philanthropists, academics, artists, activists and visionaries.