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Davos Digest - Key ATCA Tweets - II

London, UK - 28th January 2010, 23:35 GMT

Dear ATCA Open & Philanthropia Friends

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

The highlights of The World Economic Forum, the annual gathering of government and corporate leaders in the Alpine ski resort of Davos, Switzerland, are presented as a series of @ATCAOpen tweets:


Towards Davos, Switzerland

Haiti

. Clinton appeals to Davos to help quake-stricken Haiti; asks for cash, trucks, investment; Opportunity to re-imagine future. http://ow.ly/11sco

Threat

. Interpol Chief, Davos: Critical threat facing world now is passport fraud, millions of stolen documents could be used by extremists to travel.

Euro, Finance and Gold

. Greek PM, EU commissioner in Davos talks; meeting day after Greek debt hit record high since joining euro as euro slips. http://ow.ly/11v0k

. Greek PM denies going cap in hand to Europe; says speculation country approached China to buy government bonds is false. http://ow.ly/11t5G

. David Cameron: Deficit cuts must start in 2010 to maintain global confidence and low interest rates regardless of economy. http://ow.ly/11x5N

. Chancellor Darling: Countries must act together on banks in pushing multilateral reform; breaking banks no solution. http://ow.ly/11y3P

. Barney Frank, Chairman, US Congress Financial Services Committee, at Davos, sees joint global moves on tough bank regulation. http://ow.ly/11udc

. Davos Lunch: Lord Turner, Financial Service Authority Chairman, backs Obama-Volcker banks crackdown +casino style trading. http://ow.ly/11sw4

. Chancellor Darling to meet with top bankers in private at Davos; meeting hosted by CEO of Standard Chartered Peter Sands http://ow.ly/11yb8

. Soros warns at Davos: Gold is now the 'ultimate bubble' - sparking fears that precious metal price may soon suffer a tumble! http://ow.ly/11sTR

. Pascal Lamy, Director General, WTO, at Davos: World must learn trade talk lessons and apply them for financial reg. + climate. http://ow.ly/11uq9

China

. China's Vice-Premier, Li Keqiang, told Davos that domestic demand's key for China's economic growth not export and investment. http://ow.ly/11smO

. China pledges more stimulus at Davos to maintain growth; targeting domestic consumer demand so double digit growth continues. http://ow.ly/11vaV

Oil and Gas

. New peak in oil production needed, energy leaders argue at Davos; 40% increase in demand for oil from China etc = +15mbd. http://ow.ly/11tqB

. Tony Hayward, CEO, BP, 'supply challenge' for oil industry to increase output to 100 mbd; new peak from 84 mbd now! http://ow.ly/11tAi

. BP at Davos: New tech to extract Shale gas US energy Game Changer for next 100yrs; Shell: Shale gas global and necessary! http://ow.ly/11u31

. BP at Davos: Iraq oil could rival Saudi Arabia by 2020 - Oil production could rise 4x to 10mbd from 2.5mbd. http://ow.ly/11ukP

. CEO of Saudi Aramco, the state oil firm at Davos: Concern about peak oil is behind us. There's plenty of oil in the ground! http://ow.ly/11uOl

Jobs and Mood

. ~40% of world's CEOs plan to add jobs in 2010 as confidence rebounds from lows experienced during fin crisis: PwC at Davos. http://ow.ly/11uw3

. Davos mood among delegates from some of the big emerging economies – in particular China, India and Brazil – is confident, even ebullient!

. Brazil President Lula cancels Davos trip after falling ill - just minutes from take off, he suffered a medical emergency. http://ow.ly/11sgQ

. South Africa's Zuma defends polygamy as part of Zulu culture; Q: Did he love all his wives equally? A: 'Absolutely!' http://ow.ly/11tfC

[ENDS]

We welcome your thoughts, observations and views. To reflect further on this subject and others, please respond within Twitter, Facebook and LinkedIn's ATCA Open and related discussion platform of HQR. Should you wish to connect directly with real time Twitter feeds, please click as appropriate:

. ATCA Open

. @G140

. mi2g Intelligence Unit

. Open HQR

. DK Matai

Best wishes

ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.


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