Klauss Schwab, the executive chairperson of the World Economic Forum, says we should all be feeling more optimistic about the econimc future.
President Jacob Zuma has dismissed fears of any attack at the Soccer World Cup, promising South Africa would host a safe competition.
Bankers and political leaders took their battle over post-crisis regulation to the World Economic Forum, which started in Davos on Wednesday.
The party is over in the City of London, and perhaps it is here in the Swiss Alps too.
The economic crisis could throw 50-million people out of work by the end of the year, the ILO said on Wednesday, darkening gloom at the Davos summit.
Worsening economic turmoil dominated talks and thoughts as world leaders and financial chiefs gathered on Wednesday for the annual Davos forum.