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Davos In Brief


Business The Times January 25, 2007 Davos in Brief Yesterday in Davos

Angela Merkel, the German Chancellor, calls for binding greenhouse gas targets for all nations in the latest proposals on how to curb global warming

Trade talks: Davos is to host informal discussions among world trade ministers to take place on Saturday. The talks will be the first face to face dialogue among leading negotiators in the WTO’s Doha round since July

Bob Greifeld, chief executive of Nasdaq, said in Davos that the US exchange had not met representatives of the London Stock Exchange and was unlikely to do so before January 27’s deadline for its hostile bid for the LSE. The comments signalled that Nasdaq’s existing offer for the LSE is almost certain to be final

A majority of leading economists in a Davos session on the state of world trade offered an upbeat prognosis for this year, although one sounded warnings over threats from the US housing slump, the start of a credit crunch and a possible renewed jump in oil prices

Today’s agenda

Michael Chertoff, US Homeland Security Secretary, discusses a “comprehensive response” to terrorism on a panel also including Shaukat Aziz, Prime Minister of Pakistan

Michael Dell, chief executive of Cisco, debates who should rule the internet

Financial market leaders mull over regulation

Top Chinese officials explain China’s aspirations for its place in the world on a panel chaired by Robert Thomson, editor of The Times

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