In this issue

The time for talk is over: Europe’s politicians need to act fast in order to solve the ongoing financial crisis in the eurozone

Actions need to speak louder than words

The forum should move beyond rhetoric and use its influence to broker practical solutions to the world’s economic woes, writes Patrick Jenkins

Agenda

Seb Morton-Clark, Patrick Jenkins, Chris Giles, and Gideon Rachman
FT’s Davos aficionados on the likely issues
A selection of business leaders, politicians and NGOs on what to expect
Davos 2012 ©Getty
WEF: Davos 2012. News, commentary and analysis
Gillian Tett

The blame game

The US fears its fragile economic recovery is under threat, says Gillian Tett

Protect and promote

The UK should mend fences with Europe and make new emerging market allies, writes Jonathan Ford

Martin Wolf

Confronting follies

Martin Wolf considers the eurozone’s changing fortunes

Northern exposure

The role emerging economies play in the global economy is set to increase, writes Arkady Dvorkovich

The economics of politics

Changes in leadership and regimes will be watched closely, writes Gideon Rachman

Live blog

  • Putin treats Russia’s oligarchs to a free supper

    After watching their fortunes nosedive over the past year on the back of Russia’s annexation of Crimea and adventures in eastern Ukraine, Russia’s oligarchs caught a break on Friday night: a free meal on Vladimir Putin.

    Read more
  • FT podcast: World Weekly with Gideon Rachman
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  • Cuba and US trade: Two-minute guide to what next

    The move by US President Barack Obama and his Cuban counterpart, Raul Castro, to announce the tentative resumption of diplomatic relations is already prompting talk that the world’s oldest trade embargo may be coming to an end.

    Introduced in 1960, the US embargo of Cuba has hit the island economy of 11m people hard over the decades. In its annual report to the United Nations on the subject Cuba in September estimated it lost $3.9bn in foreign trade in 2013 alone because of the embargo. Havana’s running tally for the total economic damage: $116.8bn.

    That figure is obviously worth taking with a pinch of salt, as should be any idea that the embargo is going to be lifted soon.

    But there is no doubt that a change in US policy would represent a huge economic opportunity for Cuba or that the potential looks alluring to plenty of businesses in the US. Here are some points to keep in mind and some charts worth pondering:

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The east also rises

Asian economies are doing well, but power has not quite shifted from the west, says Henny Sender

The new model leaders

Outdated approaches are not suited to a fast-paced world, says Klaus Schwab

Chris Giles

Pride before a fall

Chris Giles warns against the dangers of complacency

Strategic balance

Shifting power demands leadership, says David Miliband

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