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DAVOS

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/ 28 January 2008

Wikia eyes public listing in long term

Wikia, a profit-oriented company set up by Wikipedia co-founder Jimmy Wales, is aiming for a public listing in the long term. ”For Wikipedia itself I think we will always be a charity … but for Wikia, my for-profit company, yes, absolutely,” Wales said on the sidelines of the World Economic Forum’s annual meeting in Davos last week.

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Article
/ 28 January 2008

China’s mobile network a surveillance tool?

Serious concerns were raised in Davos last week about the ability of the Chinese government to spy on the country’s 500-million cellphone users. China’s biggest cellphone company stunned delegates by revealing that the company had unlimited access to the personal data of its customers and handed it over to Chinese security officials when demanded.

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Article
/ 27 January 2008

Zuma’s charm offensive in Davos

Jacob Zuma, who survived rape and corruption charges to become the president-in-waiting, has harsh words for Kenya and Nigeria, where recent elections were marred by alleged fraud, violence and disputed results. ”What has happened in Kenya I think is absolutely not right,” Zuma said on Saturday.

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Article
/ 24 January 2008

Biofuel investments seen as good bet

Biofuels made from plants and waste will prove an increasingly efficient and cheap substitute for oil in many areas over the coming five years, industry analysts said. As long as crude sells at prices towards $100 per barrel, there will be strong demand for cheaper biofuels.

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Article
/ 24 January 2008

Gore: Climate change worse than feared

Climate change is occurring far more rapidly than even the worst predictions of the United Nations Nobel Prize-winning Intergovernmental Panel on Climate Change, Al Gore said on Thursday. Recent evidence shows "the climate crisis is significantly worse and unfolding more rapidly than … projections had warned us", he said.

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Article
/ 23 January 2008

Economic woes dampen Davos party

The annual Davos gathering of the world’s political and business elite opened on Wednesday with the fragile state of the world economy and stock-market turmoil casting a pall over the glitzy get-together. In recent years the annual meeting in the Swiss ski resort has been held against a backdrop of bumper corporate profits, strong economic growth and tame inflation.

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/ 2 October 2007

UN: Climate will alter travel patterns

Global warming will produce stay-at-home tourists over the next few decades, radically altering travel patterns and threatening jobs and businesses in tourism-dependent countries, according to a stark assessment by United Nations experts. They said concerns about weather extremes and calls to reduce emissions-heavy air travel would make long-haul flights less attractive.

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Article
/ 29 January 2007

A place for people with serious money

This week, the skiers move out of Davos, leaving the top hotels to the rich and famous invited to the annual bash organised by the World Economic Forum. Davos is synonymous with globalisation and has security to keep out those who believe that the setting 1 500m up in the Swiss Alps is perfect for the conclave of Dr Evils intent on dominating the world.

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Article
/ 27 January 2007

Bono wants cheques cashed for Africa

Governments in rich countries that promise to help Africa fight poverty and disease should come good on their offers of cash, rock star and activist Bono said. Bono is a regular on the world business and aid circuit, campaigning for richer countries to forgive African nations’ debt and help fund their future.

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Article
/ 26 January 2007

Optimism in Davos snow, but do dark clouds loom?

It is hard not to be a bit jolly when you are surrounded by peers in a Swiss ski resort, but the world’s business leaders have been remarkably optimistic at this week’s World Economic Forum in Davos. The problems of the future are taken seriously, but there is little in the way of hand-wringing. This may be because the global economy appears relatively robust.

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Article
/ 26 January 2007

Bono and Blair turn Davos focus to Africa

Davos moves into the development arena on Friday, as the annual gathering of global leaders turns its energies to the issue of poverty alleviation, with a special focus on Africa. South African President Thabo Mbeki will participate in the discussion, which also seeks to question whether African nations are doing enough to create the conditions for sustainable growth.

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/ 28 January 2006

Politics take centre stage at WEF

The World Economic Forum (WEF) turned its eye toward politics and the Middle East on Saturday, with visitors and leaders focusing on Iran’s push to develop nuclear power and creating calm in neighbouring Iraq. British Foreign Secretary Jack Straw was set to join United States Senator Saxby Chambliss for a candid dialogue on Iran’s increasingly bellicose rhetoric.

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/ 27 January 2006

New plan to prevent 14m TB deaths

United States software tycoon Bill Gates, Britain and Nigeria unveiled an ambitious -billion plan at the World Economic Forum in Davos, Switzerland, on Friday to prevent 14-million tuberculosis (TB) deaths over the next decade. Gates committed to tripling his own foundation’s funding against tuberculosis to -million by 2015.

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Africa
/ 27 January 2006

Bono throws red Aids lifeline to Africa

Rock star and activist Bono has launched a new push to fight HIV/Aids in Africa, unveiling a partnership with American Express and other companies to offer products under a brand called ”Red”, proceeds of which will be funnelled to the cause. The project will market red-themed products from top brands.

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/ 27 January 2006

Contenders for Annan’s job face off at Davos

Some of the contenders touted to replace United Nations chief Kofi Annan faced off at a debate on Thursday at the World Economic Forum in Davos, Switzerland, on the future of the world body. Joining Annan on stage were Latvian President Vaira Vike-Freiberga, Foreign Minister Ban Ki-Moon of South Korea and senior Sri Lankan diplomat Jayantha Dhanapala.

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/ 27 January 2006

Leaders plead for better understanding of Islam

With Muslim extremists blamed for fomenting global unrest, leaders from Afghanistan, Iraq, Jordan and Pakistan met at the World Economic Forum in Davos, Switzerland, to mull the Islamic world’s fractious relations with the West. The discussion ranged from terrorism and modernisation to the nuclear balance in the Middle East.

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/ 25 January 2006

A need for today’s jobs tomorrow

The jobs of tomorrow are here today — there’s just going to be a need for many more of them, officials at the World Economic Forum’s annual meeting predicted on Wednesday. United States Labour Secretary Elaine Chao said the US has forecast a demand for millions of nurses and health-care workers.

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Article
/ 25 January 2006

Trade ministers meet to try to break WTO deadlock

Ministers from more than 25 of the world’s major trading powers will start trying again on Wednesday to break a deadlock in global trade talks. Major players at the 149-member World Trade Organisation (WTO) appear as far apart as ever on the vexing subject of farm trade, as well as market access for industrial goods.

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