Rather than tell how global corporations and banks pressured the Mandela government to keep economic power where it was during apartheid, Andrew Ross Sorkin and The New York Times claimed the South African hero saw “the light” at the World Economic Forum in Davos, Switzerland.
Lord Nicholas Stern, the widely respected author of a landmark 2006 government-commissioned report on global warming’s effect on the world economy, says he underestimated the risks and should have been more “blunt” about the dangers posed by rising temperatures.
The annual meeting of the World Economic Forum, where big shots go to talk turkey and soak up a bit of Switzerland, is being streamed live across the Internet tubes. They’re waiting for you after the jump, prime minister.
Bill Gates made a big announcement at the World Economic Forum in Davos, Switzerland, on Friday. The Microsoft entrepreneur-turned-philanthropist revealed that the Bill & Melinda Gates Foundation will donate $10 billion over the next 10 years to the cause of fighting disease around the globe through vaccines and immunizations.
The American participants in this year’s World Economic Forum have been the first to confront the full international blowback to the U.S.-created world economic crisis, which has devastated the nation’s reputation for competence, along with the justification for its six-decade role as world leader.