More Davos News
PARIS President Nicolas Sarkozy risks not making it to the second round run-off of the presidential election on May 6, which would be an unprecedented event in the history of the 50-plus years of the Fifth Republic.
PARIS President Nicolas Sarkozy used a primetime television interview on Sunday to flesh out a flurry of measures to boost employment and competitiveness which he hopes to rush through France's parliament before a presidential election in April.
PARIS French Socialist election frontrunner Francois Hollande has widened his lead over President Nicolas Sarkozy despite a flurry of measures being advanced by the conservative leader to boost employment and competitiveness, a poll showed on Tuesday.
PARIS Socialist frontrunner Francois Hollande and conservative President Nicolas Sarkozy pulled ahead of rivals in an opinion poll on Monday that is the second recent survey to suggest the April-May election could become a clear two-horse race.
The most coveted badge in all of Davos is one with a shiny holographic sticker on it -- despite the fact that most attendees, and even some Forum employees, don't actually know what the sticker actually means. It's seen on the badge of every head of state, so some people thinks it means you are a head of state. It doesn't. In fact, the shiny hologram grants you entry to the hyperexclusive Davos-within-Davos known as IGWEL, or the Informal Gathering of World Economic Leaders.
To get in, you need to be a senior government policymaker -- think finance minister, or trade minister, or one of their sherpas -- or one of a very select group of WEF employees. And in fact the exclusivity does seem to help: if anything useful has ever been achieved at Davos, it has probably been achieved at IGWEL, which remains one of very few occasions where international politicians can meet informally, off the record, to talk about their biggest aspirations. Mexican president Carlos Salinas once said that the idea of NAFTA first emerged at an IGWEL. But don't expect anything that ambitious to emerge this year: the politicians will probably spend more time commiserating than conspiring.
I got invited to Davos.
"Strategic Partners" who pay half a million dollars or more
Access to a secret elevator in the convention center which takes you to a secret VIP room. Which turns out to be exactly the same as all the other rooms in the convention center.
I feel both important and ignored at the same time.
Chasing after CEOs to ask them what "the mood" is, while being constantly informed that you're barred from everywhere you actually want to go.
Technical teams with reporters
Following the reporters who are following the CEOs, while also trying to get a video camera and tripod through security five times a day.
World Economic Forum permanent staff
Prioritizing requests from heads of state and people with blue dots.
Volunteers working with the permanent Forum staff
A high-intensity week away from your boy/girlfriend. What happens in Davos, stays in Davos.
Technicians who work behind the scenes
Standing on a roof for hours in freezing temperatures, pointing a video camera at men in suits who do a five-minute interview and then go back indoors.
I'm friendly enough with a head of state, or Bill Clinton, to get a Davos badge without even being invited.
I can't even get past security, but I'm allowed into the hotels to serve my master.
The global financial system is becoming more national. Three years after Western taxpayers were forced into a mass bailout of banks, Western lenders are in full retreat, encouraged by regulators and governments. Full Article
Reuters Davos Magazine
- Davos by the Numbers: Water Cannons Loaned by Germany to Use Against Protesters: 6
- Mohamed El-Erian on Why He’ll Never Go to Davos
- The Top Business Pictures of 2011
- Infographic: The Expanding Global Middle Class
- Confessions of a Davos Spouse by Anya Schiffrin
- A Conversation Between Sir Harold Evans & Condoleezza Rice
Depending on how you measure economic improvement, it seems the rising tide did lift all boats. But it may be in ways that aren’t sustainable.