The world's business and political elite are gathering in Davos - je 24.01.2008 08
Michael BärJanuary 24, 2008
The world's business and political elite are gathering in Davos, Switzerland, for the annual World Economic Forum. And the pessimists appear to be in the majority - given the events of the past week on financial markets. Several key economists arriving on Wednesday say they see a prolonged, deep recession underway in the US - which will no doubt affect the rest of the world. We have this report from Davos.