Global business leaders headed home from Davos on Sunday after a week in which were courted by politicians seeking plans to deal with debt, food scarcity, climate change and revolt on the Arab street.
The world economy may be steering itself cautiously out of the doldrums, but leaders have struggled to agree remedies to the key threats on the agenda at the annual World Economic Forum’show of defiance to the terrorists who bombed a Moscow airport shortly before he was due in Davos, but his arrival was delayed and his visit cut short.
His opening day speech was preceded by a minute of silence, and worries about extremist violence took the shine off the Russia delegation’s unveiling of a billion-dollar oil exploration deal with US giant ExxonMobil.
Meanwhile, Forum organisers were scrambling to address the number one topic of anxious discussion in the venue’s corridors — the popular revolts in North Africa and the risk of their spreading throughout the Arab world.
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