Monday, February 2, 2009
Schwab announced an initiative to re-formulation of the global financial system
disclosed the founder of the Davos World Economic Forum and its Executive Director Klaus Schwab during the conclusion of the Forum today that the next few weeks will be focused on the reformulation of the global financial systems. Schwab said in a statement that the initiative had been improvised the support of most political leaders in Davos, who during the past five days, mentioning in particular the United Nations Secretary-General Ban Ki-moon and Chinese Prime Minister Wen Jiabao Kdaamin for the initiative.