World Economic Forum kicks off in DavosJanuary 25, 2012 - 10:48 AMT PanARMENIAN.Net - Around 40 government leaders and over 1,600 business executives are among the 2,600 participants who will descend on the exclusive ski resort of Davos on Jan 25 for the biggest 5-day gathering of the wealthy and the powerful, the World Economic Forum. Many key players working to resolve the euro crisis will be in Davos, including French Finance Minister Francois Baroin, European Central Bank President Mario Draghi, International Monetary Fund chief Christine Lagarde, EU Economic Commissioner Olli Rehn and Klaus Regling, chief executive of the euro-zone bailout fund. From the UK, Prime Minister David Cameron and Chancellor George Osborne will attend. UN Secretary General Ban Ki Moon and International Atomic Energy Agency chief Yukiya Amano are also expected to attend. The motto of this year’s World Economic Forum is “The great transformation: Shaping new models”, with the participants to focus the discussions on the future of capitalism and set the global economic agenda for the next year. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | U.S. warns Georgia not to side with Moscow against the west Georgia has been warned by the U.S. not to become an adversary of the west by falling back in line with Moscow. Power of One Dram sums up two-year program with Teach for Armenia Idram Junior also joined the companies during the visit, bringing with it a fascinating intellectual game for children Moscow slams EU mission in Armenia for “provocative activity” The EU mission is doing more and more against Armenia’s neighbors Russia, Azerbaijan and Iran, Mikhail Galuzin said. Yerevan Mayor to travel to Paris on May 15-19 The official delegation headed by Yerevan Mayor Tigran Avinyan will travel to Paris from May 15 to 19. |