Maria Bartiromo just few minutes ago wrapped up a very interesting discussion at the World Economic Forum in Davos which basically concluded that the fundamental stupidity and publicly held general beliefs led to this global financial and economic crisis.

For countries without their own environmental monitoring systems, the Environmental Performance Index (EPI) can be useful for working out where there is a need for action in environmental policy making. However, within the European Union there are more suitable instruments for this.

Government and business leaders have concluded their annual meeting in Davos, Switzerland with a discussion on the impact corporations are having in promoting economic advancement in developing countries. From Davos, VOA's Barry Wood reports the consensus is that the impact is a positive one.

In a commentary written by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF) and published in The International Herald Tribune, Schwab writes:

Some of the world’s most influential business leaders, statesmen and non-governmental organizations will be in Davos, Switzerland for the World Economic Forum this week (1/23-27.) They’ll be talking about a broad range of issues that affect world development. Voice of America English to Africa Service’s William Eagle reports.

An annual meeting of the World Economic Forum (WEF) to be held at Davos, Switzerland, in early 2008, will focus on global business development, the WEF regional manager for Europe said Thursday.