Posted On 27 Jan 2014
1,500 business leaders from around the world and more than 40 heads of State gathered in the Swiss town of Davos, to be part of the World Economic Forum.
One of the problems discussed during the meeting was the difficulty to create jobs because the advanced economies have not consolidated yet their recovery and emerging countries brake its acceleration.
The World Economic Forum, which closed its doors yesterday, clearly opted for Japan and the prospects for growth after a recession in fifteen years. From the geopolitical point of view, Iran has a very positive development, according to a high-ranking political participant. The risk of deflation in the eurozone, which the European Central Bank (ECB) ruled out that it is going to materialize, will require the performance of the Monetary Authority if the inflation increase.
The President of the European Central Bank (ECB), Mario Draghi, said that the Governing Council is ready to use all the instruments allowed by the Treaty of Maastricht, among them loans for banks conditioned to give loans to companies and households.
High youth unemployment in some regions of the world such as southern Europe and North Africa, has been one of the issues that has been most discussed at the World Economic Forum.
This year, have traveled to Davos the Presidents of Mexico, Enrique Peña Nieto; Colombia, Juan Manuel Santos; Panama, Ricardo Martinelli, and Brazil, Dilma Rousseff.