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The Global Financial Crisis will take center stage at the annual World Economic Forum1 in Davos, Switzerland. More than 2,500 participants from 96 countries will convene2 in this small Alpine3 village from January 28 to February 1 to search for ways to stabilize4 and re-launch the global economy.
As in previous years, some of the world's most powerful political and business leaders will brush shoulders in Davos and discuss weighty matters. But, the glitter and glamour5 that have characterized previous meetings will be gone this year.
Celebrities6 will not attend forum
To reflect the sober atmosphere of a world in crisis, no "show business" celebrities will be coming. The World Economic Forum's Head of Programming, Lee Howell, says even the perennial7 favorite, Bono of the popular rock group U2, will not be making his annual pilgrimage.
"And, on Bono, just to tell you, he does actually have a day job," said Howell. "And, he has told us that he is finishing his album, so he will not be coming."
But, many other important personalities8 will be there. This year a record 41 heads of states and governments will be coming, including Chinese Premier9, Wen Jiabao, Russian Prime Minister, Vladimir Putin, and the Prime Minister of Kenya, Raila Odinga.
Forum founder10 says this is most crucial gathering11
Founder and Chairman of the Davos World Economic Forum, Klaus Schwab at a press conference near Geneva, 21 Jan 2009
To emphasize the economic focus, 60 percent of Forum participants are business leaders. Founder and Chairman of the Forum, Klaus Schwab, calls this one of the most crucial gatherings12 in the organization's 39 year history. He says the global financial crisis is unprecedented13 in scope and should be seen as a wake-up call that changes need to be made to global institutions, systems and ways of thinking.
"A system's crisis means also, that it is a transformational crisis," said Schwab. "We cannot just use the normal remedies to come out. We have to change or adapt the system. And, finally, I would say it is a confidence crisis. I would say, we never will move out of the crisis if we do not re-establish confidence, which means we have to establish signposts for the future."
Gathering plans to discuss global warming
But, the Forum will be dealing14 with other topics as well. Organizers note there are dozens of global risks that threaten the prosperity and well being of people and must be addressed. One of the most serious, they say, is that of global warming.
Forum Managing Director, Richard Samans, says private and public sector15 participants will discuss ways to put together a long-term policy to stabilize carbon emissions16 and make the post-Kyoto framework more achievable.
"In particular, we will be focusing on the investment environment and technology environment for low carbon energy investment in developing countries," said Richard Samans. "This is an absolutely crucial part of the success of the negotiations17 because one needs to get an entirely18 global engagement in the new framework that includes emerging market countries as well as developed countries."
A number of heavyweights from the new Obama administration will be coming to Davos. Among those will be Director of the National Economic Council, Lawrence Summers and U.S. National Security Adviser-designate, James Jones, Jr.
There also will be a large sprinkling of U.S. Congressional Representatives and annual Forum political favorite, former U.S. President Bill Clinton.
1 forum | |
n.论坛,讨论会 | |
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2 convene | |
v.集合,召集,召唤,聚集,集合 | |
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3 alpine | |
adj.高山的;n.高山植物 | |
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4 stabilize | |
vt.(使)稳定,使稳固,使稳定平衡;vi.稳定 | |
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5 glamour | |
n.魔力,魅力;vt.迷住 | |
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6 celebrities | |
n.(尤指娱乐界的)名人( celebrity的名词复数 );名流;名声;名誉 | |
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7 perennial | |
adj.终年的;长久的 | |
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8 personalities | |
n. 诽谤,(对某人容貌、性格等所进行的)人身攻击; 人身攻击;人格, 个性, 名人( personality的名词复数 ) | |
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9 premier | |
adj.首要的;n.总理,首相 | |
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10 Founder | |
n.创始者,缔造者 | |
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11 gathering | |
n.集会,聚会,聚集 | |
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12 gatherings | |
聚集( gathering的名词复数 ); 收集; 采集; 搜集 | |
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13 unprecedented | |
adj.无前例的,新奇的 | |
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14 dealing | |
n.经商方法,待人态度 | |
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15 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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16 emissions | |
排放物( emission的名词复数 ); 散发物(尤指气体) | |
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17 negotiations | |
协商( negotiation的名词复数 ); 谈判; 完成(难事); 通过 | |
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18 entirely | |
ad.全部地,完整地;完全地,彻底地 | |
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