
There is still a long, hard struggle ahead to fix the U.S. and Europe’s economies, Larry Summers, the Harvard University professor and former Treasury Secretary, told CNBC at the World Economic Forum in Davos Friday. |
![]() | Live Blog: 'The Future of the Euro Zone' Event This is a live blog from "The Future of the Eurozone," an event at the World Economic Forum in Davos, Switzerland, in which our panelists will debate the question, "How will the Eurozone economies emerge from the euro crisis?" |
![]() | Facebook COO: IPO Will Produce Jobs, World Change The most important aspects of Facebook becoming a public company are the jobs growth and social change it represents, according to COO Sheryl Sandberg. |
![]() | Europe Risks 'Balkanization': UK Chancellor The biggest risk brought on by the euro debt crisis is "Balkanization" – the fragmentation of economic interests according to narrow, mainly national criteria, UK Chancellor George Osborne told CNBC Friday. |
![]() | ECB Won't Take Debt 'Haircut': Jean-Claude Trichet During Europe's financial crisis the European Central Bank has been "an anchor of stability and confidence," former president Jean-Claude Trichet said. |
| Faces of Davos At Davos 2012, mingling among politicians will be lesser-known, innovative entrepreneurs. See a selection of the power brokers – and up-and-comers – including one group with a powerful, global hashtag. |
| Europe Needs a Two-Speed Euro: Economist The euro has fundamental flaws, with no room for flexibility and Europe needs to move towards a political union as the euro cannot survive in its current format, Dr Gerard Lyons, chief economist at Standard Chartered told CNBC on Friday at the World Economic Forum in Davos. |
![]() | Shell CEO: Asia to Drive Natural Gas Demand Over Oil Despite natural gas prices falling to near 10-year lows last week, Shell's CEO Peter Voser says demand for gas will be much higher than oil in the long term with the Asia-Pacific region driving the sector's growth. |
| Trichet Lauds ECB's Lending Hand The European Central Bank's recent lending facility was a good decision, says Jean-Claude Trichet, former ECB president. |
| Greek Default Not in Cards: German Finance Minister "I am convinced we can avoid a Greek default," Wolfgang Schauble, Germany Federal Minister of Finance tells CNBC's Maria Bartiromo. "We are trying to do a growth friendly deficit deduction," he adds. Oilli Rehn, European Commissioner for Economic and Financial Affairs, also weighs in. |
| Jean-Claude Trichet: Future of Euro Zone Former president of the European Central Bank discusses the future of the euro zone, bondholders clashing on Greek interest rates and whether or not Europe will have a more centralized power. |
| DuPont CEO on Global Growth Breaking down the areas of global growth by sector, with Ellen Kullman, DuPont chairman/CEO, and says the company is seeing growth in agriculture due to innovation. |
![]() | About Heard in Davos 2012 CNBC goes behind the scenes to cover the personalities, ideas and events generating buzz at the conference. |
![]() | Poll: Why Go to WEF in Davos? The world's power brokers meet to tackle some big subjects, but does it matter? |
![]() | Quiz: The Global Economy Test your knowledge about economic world events. |










