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Fragile economy, other global woes dominated Davos
Question of the Day
Abdullah told the forum that “unprecedented threats to regional and global stability and security” need international action now, not the “wait and see” response by some countries — which he did not identify — especially in helping governments emerge politically and financially from the Arab uprisings.
The king, considered one of the region’s moderate leaders, also warned Israel to stop playing the “waiting game,” and said President Barack Obama’s second term offered the last opportunity to create two states — Palestine and Israel — that can live side-by-side in peace.
Angel Gurria, secretary-general of the Paris-based Organization for Economic Cooperation and Development, said the focus on resolving the world’s economic crisis has distracted leaders from many other important issues, including education, the social consequences of unemployment and promoting ways to deal with climate change.
Nonetheless, Gurria said, the world should be “very worried” because there aren’t many “tools” left to fix the economy if things get worse.
Trevor Manuel, South Africa’s National Planning Commission minister, told AP that the key message from Davos for him was a positive one — that “many of the decisions that have been taken bring us closer to where we need to be.” He warned that “a sense of an all-pervasive gloom … frequently becomes a self-fulfilling prophecy.”
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