 World Economic Forum kicks off in Davos January 25, 2012 - 10:48 AMT PanARMENIAN.Net - Around 40 government leaders and over 1,600 business executives are among the 2,600 participants who will descend on the exclusive ski resort of Davos on Jan 25 for the biggest 5-day gathering of the wealthy and the powerful, the World Economic Forum. Many key players working to resolve the euro crisis will be in Davos, including French Finance Minister Francois Baroin, European Central Bank President Mario Draghi, International Monetary Fund chief Christine Lagarde, EU Economic Commissioner Olli Rehn and Klaus Regling, chief executive of the euro-zone bailout fund. From the UK, Prime Minister David Cameron and Chancellor George Osborne will attend. UN Secretary General Ban Ki Moon and International Atomic Energy Agency chief Yukiya Amano are also expected to attend. The motto of this year’s World Economic Forum is “The great transformation: Shaping new models”, with the participants to focus the discussions on the future of capitalism and set the global economic agenda for the next year.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
