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Monday, January 28, 2008 |
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A tough year ahead for the world economy
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Davos party ends with sober farewells
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DAVOS, Switzerland: Global powerbrokers left their annual gathering
in the Swiss ski resort of Davos on Sunday, pursued by grim warnings
of a tough year ahead for the world economy.
Compared to the upbeat mood of previous years,
Davos 2008 was a distinctly gloomy affair dominated by talk of a US
recession and a wider economic slowdown.
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O T H E R R E P O R T S
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US President Bush faces
final State of the Union
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WASHINGTON: US President George W. Bush delivers his final State of
the Union speech Monday, its agenda-setting powers diluted by
pressing, unfinished business abroad and the fight to succeed him at
home.
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Presidential race in Taiwan formally begins
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TAIPEI: Taiwan’s main opposition presidential candidate pledged
not to talk to Beijing about reunification with China if he is
elected, as campaigning for the March polls formally began Sunday.
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Flying robot to track whales off Australia
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SYDNEY: A flying robot is to join the fight to save the world’s
whales by taking part in an aerial survey to count humpbacks off
Australia, a report said Sunday.
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WORLDINBRIEF
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LONDON: Britain’s Finance Minister Alistair Darling on
Sunday defended his handling of the crisis at troubled bank Northern
Rock, after a highly critical report by an influential committee of
lawmakers.
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