http://www.youtube.com/watch?v=lLntHmOW9EA

Davos forum to explore ways to save global economy
http://news.xinhuanet.com/english/2009-01/28/content_10729830.htm

DAVOS, Switzerland, Jan. 28 (Xinhua) -- The World Economic Forum (WEF)
opened in Davos Wednesday with an aim to address the current economic
crisis and other global challenges.

The five-day annual meeting is expected to attract more than 2,500
representatives from 96 countries, including a record 43 heads of
state or government and 1,400 business leaders, organizers said.

    "A lot of discussions will be devoted to the present crisis
management, and how to get out of the crisis," said Klaus Schwab,
founder and executive chairman of the WEF.

    The world is now facing a number of complicated crises, most
notably the financial and economic crisis, he said.

    But he also noted a system crisis, because of which the world is
not capable any more of coping with "the complexity of today ",and a
confidence crisis which is affecting banks and companies.

    "We have to change or adapt the system." he said.

    Among the world leaders attending the meeting, Chinese Premier Wen
Jiabao and Russian Prime Minister Vladimir Putin will address
participants on the first day of the meeting.

    German Chancellor Angela Merkel, British Prime Minister Gordon
Brown and Japanese Premier Taro Aso will also address the sessions.

    A number of other global risks were also listed on the agenda
including climate change, food and water security.
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