Davos Forum 2011

The World Economic Forum (WEF) is a Swiss non-profit foundation, based in Cologny, Geneva, best known for its annual meeting in Davos, a mountain resort in Graubünden, in the the eastern Alps region of Switzerland.

The meeting brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss the most pressing issues facing the world, including health and the environment.

UK PM Cameron committed to tough austerity plan

The British Prime Minister David Cameron said he is committed to maintaining his program of deep spending cuts in order to eventually free Britain from the strain of high budget deficit, despite the short-term negative impact on economic growth and employment.

Euro rescue fund could be enlarged: Lagarde

Christine Lagarde, France’s finance minister, suggested that time may be near to increase the size of The European Financial Stability Facility (EFSF), the European Union’s financial bailout fund reserve.

Dimon defends bankers at Davos

Jamie Dimon, the chief executive officer of JP Morgan Chase (NYSE: JPM) defended the banking industry during a question-and-answer session with the media at a symposium at the world economic forum in Davos, Switzerland.

Vive l’euro!: Sarkozy at Davos

Nicolas Sarkozy, the president of France, defended the integrity of the euro currency at the World Economic Forum in Davos, by asserting that neither his country nor Germany will permit it to fail.

Medvedev defends Russia in Davos keynote speech

In his opening speech at the Davos world economic forum in Switzerland, Russia’s President Dmitry Medvedev touched on a number of subjects, including why he was late to the confab – the suicide bombing in a Moscow airport that killed 35 people.

Russian president to open Davos forum

Dmitry Medvedev, the President of Russia, already reeling from the airport suicide bombing in Moscow, will open the World Economic Forum in Davos, Switzerland.

Murdoch to miss Davos forum to focus on BSkyB deal

Media bigwig Rupert Murdoch will not be attending the World Economic Forum in Davos, which opens on Wednesday, as he attempts to negotiate the terms to buy British Sky Broadcasting Group with the U.K. Culture Secretary.