Home > finance, world > davos turns to trade amid fears of protectionism

davos turns to trade amid fears of protectionism

World leaders looking for hope amid recessionary gloom turned their attention Saturday to a long-stalled global trade deal, increasingly seen as a necessary bulwark against the rising threat of protectionism.

Japan’s Prime Minister Taro Aso was also to speak about development aid at the World Economic Forum, where business and political leaders chastened by crisis are seeking ways to fix the financial system amid pleas not to forget the world’s poorest. “We’re facing two major risks: The first is social unrest. The second is protectionist risks,” French Finance Minister Christine Lagarde said, stressing the challenges to governments of helping atrophying industries without damaging free trade.

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  1. February 1, 2009 at 2:02 am

    Davos and G20 come and go as the post-mortems on the wrecked global economy, toxic derivatives, US market and dollar crash continues. Where should we go from here? Bailouts and stimulus initiatives may help some. Is time to focus on viable and sustainable solutions? Businesses and banks need bespoke turnaround survival strategies to reduce losses, improve efficiency, increase revenue, gain sustainable competitive advantage, and outperform market competition. The results add real business values, attract investors; create new business opportunities and jobs. Online retail sales, for example, will climb by 11 percent in 2009, even in the recession. One FixyaExperts.com client was advised to reduce losses by 30% and increase production by 50% to attract investors who continue to target undervalued growth sectors, niche and captive markets where consumer demand still continues to grow in double-digits annually to 2030. So, where should we go from here? What other solutions are out there for recovery? http://www.youtube.com/fixyaexperts, http://FixyaExperts.blogspot.com

  2. January 31, 2009 at 4:56 pm

    I just stopped by your blog and thought I would say hello. I like your site design. Looking forward to reading more down the road.

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