- CNTV English - CCTV News

Homepage > News > Biz >

Quotable quotes at Davos forum

01-27-2011 16:43 BJT Special Report:2011 World Economic Forum at Davos |

DAVOS, Switzerland, Jan. 26 (Xinhua) -- World elites kicked off the annual meeting of the World Economic Forum (WEF) on Wednesday. The following are some quotes at their first-day discussion.

"The increase in inequality is the most serious challenge for the world. I do not think the world is paying enough attention." -- Zhu Min, a special adviser at the International Monetary Fund and a former deputy governor of the People's Bank of China.

"The gap between rich and poor is growing without relent. Global justice is a prerequisite for sustainable development and we have to understand that our lifestyle is not sustainable." -- President of the Swiss Confederation Micheline Calmy-Rey.

"We are all optimists here, but when we look at the big issues on the global agenda, there is pessimism. We do not want this meeting to be one of despair. You fight possible burnout with renewed self-confidence. This should be a meeting of constructive optimism." -- Klaus Schwab, funder and executive chairman of the WEF.

"All our efforts to further develop the world economy will be for nothing if we fail to defeat terrorism, extremism and intolerance, if we fail to eradicate altogether these evils which are the greatest danger to mankind."

"Our task is to turn Russia into a more attractive place for the best minds in the world." -- Russian President Dmitry Medvedev.

"There is a global economic recovery ... balance sheets are strong, confidence is rising ... We have a glass that is half-empty and half-full."

"The fiscal problem is very serious. The bond vigilantes have not yet woken up in the U.S. in the way they have in the euro zone. Unless the U.S. addresses this fiscal problem, we are going to see a train wreck."

"In many of these emerging markets two-thirds of their consumer-price indexes are food, energy and transportation. When these things rise it becomes a really significant social cost." -- U.S. economist Nouriel Roubini nicknamed "Dr Doom."

Editor:Xiong Qu |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program