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Davos

International fretting over crisis in Egypt

World leaders have been voicing their concern about the events unfolding in Egypt, and the crisis has been a talking point at the World Economic Forum in Davos. READ MORE

Delays In Turkish-Azeri Gas Deal Raises Uncertainty Over Nabucco

By Saban Kardas

Turkey and Azerbaijan have proven unable to conclude their negotiations on natural gas cooperation, which have been in progress for over one year. Turkish-Azeri gas talks include several issues involving the revision of the price Turkey pays for its imports from Shah Deniz-I, the determination of the volume and price for its imports from Shah Deniz-II, and agreement on the volume and conditions for the transit of Azeri exports to Europe through Turkish territory. READ MORE

Davos: New ways of global co-operation

By Klaus Schwab

The economic and financial crisis of the past year underscored the extent to which, after experiencing the ‘globalisation of opportunities’, we are now facing the ‘globalisation of problems.’ This shift reflects the transformation of a world which has become much more interconnected, interdependent and complex, characterized by many new state and non-state players. READ MORE