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The Egyptian Elephant in Davos

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Published: Friday, 28 Jan 2011 | 12:02 PM ET
By:

News Editor, CNBC.com

The Egyptian military entered the streets of Cairo amid protests, but in Davos, Switzerland the annual meeting World Economic Forum kept its focus on the big economies.

Mohammed Abed | APF | Getty Images
Egyptian demonstrators hold up placards during a protest in central Cairo to demand the ouster of President Hosni Mubarak and calling for reforms.

With many talking about a lack of a clear theme in Davos, were people looking to the big breaking newsin Egypt and North Africa?

No.

Asking dozens of delegates, the universal theme was that the WEF hasn't paid nearly enough attention to what is happening with the protests in that region.

Here's some samples of what they said, when asked if the WEF has concentrated enough on this event:

"Zero attention."

"Not nearly enough"

"The whole region is ignored."

"You wouldn't even know there were protests if you stayed (in the Congress Center)."

"They just don't care."

"It's embarrassing how [delegates] ignore it."

But with money pouring into bonds and gold, worrying about what the weekend might bring, this should be the conversation after the annual meeting.

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The Egyptian military entered the streets of Cairo amid protests, but the World Economic Forum kept its focus on the big economies.

   
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