Davos meeting ends with cautious optimism

    By IANS,

    Davos: The annual meeting of the World Economic Forum (WEF) ended here Saturday on a note of cautious optimism about the world economy.

    The idea that global economy is on a bumpy path of recovery but is shadowed by uncertainty was shared by a couple of leading economists at the meeting.

    Political issues such as the Syrian crisis and Iran’s nuclear programme got more attention this year.

    At the four-day meeting, over 2,500 participants from almost 100 countries, including more than 1,500 business leaders and over 40 heads of state or government, exchanged views on the road to global economic recovery, financial outlook, new energy, health and climate change.