https://bbcbreakingnews.pages.dev/blogs/davos08/ en-us Copyright 2008 Sun, 27 Jan 2008 15:50:03 +0000 http://www.sixapart.com/movabletype/?v=3.2 http://blogs.law.harvard.edu/tech/rss So that was it: Davos 2008. This year felt different than the past two or three annual meetings of the World Economic Forum. Less glitz and glamour, more 'back to business' - and you can read all about it in... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/leaving_davos_with_a_final_boo.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/leaving_davos_with_a_final_boo.html Davos08 Sun, 27 Jan 2008 15:50:03 +0000 Davos is almost over. Most proceedings wound down late on Saturday afternoon, with sessions on many heavy-weight topics like the role of central banks in the current financial crisis (with ECB boss Jean-Claude Trichet on the panel), and an update... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/the_french_way_of_partying.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/the_french_way_of_partying.html Davos08 Sun, 27 Jan 2008 08:58:17 +0000 Today's Davos quote of the day comes courtesy of David Rubenstein, co-founder of private equity giant The Carlyle Group, which manages an investment pool worth $75bn. "We can't really call economies like India or China 'emerging' anymore, and lump them... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/submerging_economies.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/submerging_economies.html Davos08 Sat, 26 Jan 2008 14:04:21 +0000 France has one, Switzerland too. The UK has a big'un, Germany numbers two or maybe more, and the US has a veritable epidemic of them. As if you didn't know, I am talking about banks that have become chronically sick... Robert Peston (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/rock_mps_v_darling.html https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/rock_mps_v_darling.html Davos08 Sat, 26 Jan 2008 08:47:25 +0000 At the World Economic Forum one can usually gauge the popularity of a party by checking how many truly rich and famous people crowd the room early on. I don't mean pre-arranged attendances, like Naomi Campbell's appearance at a party... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/spare_a_thought_for_billionair.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/spare_a_thought_for_billionair.html Davos08 Sat, 26 Jan 2008 01:34:25 +0000 Yes, I agree, it's easy to get cynical about this. Take a large stage, some of the world's richest business people, sprinkle with politicians, a highly photogenic Queen and a rockstar, and you have a perfect photo opportunity for a... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/all_together_now_lets_save_the.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/all_together_now_lets_save_the.html Davos08 Fri, 25 Jan 2008 12:40:13 +0000 This is a transcript of a piece I did for the 6pm News on Radio 4 on Thursday. At the world economic forum, the mob of bankers are agog at the Societe Generale debacle. They simply don't understand how a... Robert Peston (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/fed_bounced.html https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/fed_bounced.html Davos08 Fri, 25 Jan 2008 11:45:39 +0000 Is there such a thing as a "cathartic recession"? A recession that purges the demons of excess from the economy and punishes the badly-behaved for their sins? I'm not sure there is. But I unwittingly found myself in an argument... Evan Davis (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/evandavis/2008/01/can_recession_be_healthy.html https://bbcbreakingnews.pages.dev/blogs/thereporters/evandavis/2008/01/can_recession_be_healthy.html Notes on Real Life Fri, 25 Jan 2008 11:20:21 +0000 I can't escape Northern Rock even in Davos. What I've discovered is that the term sheet for the massive bond issue has now been discussed with potential issuers. Much is still up for negotiation. But as of this moment the... Robert Peston (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/rock_beware_crapco.html https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/rock_beware_crapco.html Davos08 Fri, 25 Jan 2008 10:00:28 +0000 Davos is a small town in a narrow valley. There are two main roads running in parallel, one called Tal (i.e. Valley) lower down, the other called Promenade (with all the swanky hotels and shops) further up. The World Economic... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/stuck_in_the_davos_rush_hour.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/stuck_in_the_davos_rush_hour.html Davos08 Fri, 25 Jan 2008 07:21:42 +0000 One of the big talking points this year in Davos are investment funds controlled by governments - the sovereign wealth funds, perceived by some as friend, by others as foe. Many of the richer folks here, though, are not fazed.... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/when_billionaires_joke_and_bra.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/when_billionaires_joke_and_bra.html Davos08 Fri, 25 Jan 2008 06:46:29 +0000 A few years ago, the WEF organisers tried to ban ties - in the hope of recreating the more informal atmosphere of the forum's early days. It was not a complete success, but most participants (except politicians and people invited... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/crackberry_crazy.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/crackberry_crazy.html Davos08 Thu, 24 Jan 2008 19:53:13 +0000 Sometimes it's the "Davos fringe" which provides the most stimulating discussions. To that end, I just enjoyed a constructive 15 minute diversion from the sub-prime blues, chatting with an American anthropologist called Helen Fisher about love. (You should be able... Evan Davis (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/evandavis/2008/01/the_importance_of_love.html https://bbcbreakingnews.pages.dev/blogs/thereporters/evandavis/2008/01/the_importance_of_love.html Notes on Real Life Thu, 24 Jan 2008 13:57:42 +0000 It was an early start for more than 200 people here at the World Economic Forum, but the room was packed with people who wanted to hear rockstar and anti-poverty campaigner Bono, and the former US vice president, Nobel laureate... Tim Weber (BBC News) https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/bono_and_gore_have_an_answer_n.html https://bbcbreakingnews.pages.dev/blogs/davos08/2008/01/bono_and_gore_have_an_answer_n.html Davos08 Thu, 24 Jan 2008 09:46:54 +0000 Only one thing will be discussed here in Davos today: the alleged fraud by a trader at SocGen which has cost the French bank €4.9bn, or £3.7bn. I feel slightly sick thinking about it, as I sit surrounded by snow-capped... Robert Peston (BBC News) https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/socgen_sickness.html https://bbcbreakingnews.pages.dev/blogs/thereporters/robertpeston/2008/01/socgen_sickness.html Davos08 Thu, 24 Jan 2008 08:50:59 +0000