Davos, Jan 26: Over 30 heads of state or governments and 1,400 business leaders, including nearly 100 from India, will begin a five-day brainstorming session here tomorrow, to try to "rebuild and redesign" the global economy and institutions after nearly 18 traumatic months. The theme for the famous World Economic Forum (WEF) annual meeting this year is: 'Improve the State of the World: Rethink, Redesign and Rebuild' begins in the midst of a World Bank warning that the global economy may see a "double dip" (second recession) in 2011 if the fragile recovery that is underway is "mishandled". The CEOs who have assembled in this picturesque town nestled by the snow-laden Alpine peaks for the 40th WEF Summit, seem positive about 2010, but their optimism is well guarded. "We look at the stock exchanges and feel that we are coming back to the world as we had it.

Lastupdate on : Tue, 26 Jan 2010 21:30:00 Makkah time
Lastupdate on : Tue, 26 Jan 2010 18:30:00 GMT
Lastupdate on : Wed, 27 Jan 2010 00:00:00 IST