January 26th, 2011
12:52 PM GMT
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We have begun. In the coffee bars and salons around the WEF, I am now meeting and greeting people I haven’t seen since last year’s Davos. I am trying desperately to remember names, occupations and titles.

Crucially – any important facts about that person and their life. Who are they? Where are they? What are they doing? Did their company make money or lose a fortune? Is the gossip that they are going to be promoted or fired? Help!!

I am perfecting the smile of recognition when I have no idea. It’s not pretty.

Everyone is talking about the new economies and the role they are playing in the world. It is the only topic in town. But what to do about it and how to handle it? So far, there are few answers about that. Tonight we hear from President Medvedev. It will be a serious, somber reflection on the state of play in Russia I guess, after the airport bombing.

Last night on Quest Means Business, Ben Verwaayen, the CEO of Alcatel Lucent – who I love having on the programme – talked about the need to take real decisions. He is worried about protectionism and wants a conclusion to the Doha round. Good luck, Ben.

Trade ministers are due to meet later this week to try and jump-start the process. If I had a dollar for every time they have done that, I would be able to afford to ski at Davos every year.

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soundoff (4 Responses)
  1. jason levar

    To answer your quetion on what is shared knowledge of reality is- ALL THE COUNTRIES ATTENDING SHARE THEIR KNOWLEDGE OF GOOD AND BAD IDEAS ABOUT THE ECONOMIES OF THE WORLD AND COME TO A MUTAL CONSENSUS OF WHAT IS "GOOD" TO MAKE THE WORLD ECONOMY PROSPER FOR ALL!!! NOW GIMME THE SCARF!!!

    January 26, 2011 at 4:37 pm |
  2. Michael null Potter

    Good on Ben. I wish he would spend as much time on turning ALU around as he does on his annual jaunts to Davos.

    January 27, 2011 at 8:43 am |
  3. Yuo Michael

    I agree Michael. Ben has done nothing to turn ALU around stock wise since he has come on board since September 2008. He's been there for 2 and half years and the stock has shed nearly 40% of its value since he's arrival. Alcatel-Lucent has now had 4 and half years behind them since the merger and the company still cant get it right. I'm a firm believer that if Ben cant get the ship right at ALU by middle 2012 he needs to go simple as that.

    January 28, 2011 at 7:58 pm |
  4. Manuel Vilhena

    Interesting. The big issue this year should be unemployment.

    February 2, 2011 at 12:09 pm |

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