Klaus Schwab, Hans-Rudolf Merz and Vladimir Putin address the World Economic Forum in Davos. They then sit down for a discussion with Peter Brabeck-Letmathe, Michael S. Dell and Carlos Ghosn.
Prime Minister Vladimir Putin of the Russian Federation says his country will not be "isolationist and egotistic" in the face of unprecedented crisis.
He calls for international action to boost global energy security and for the state to stay out of business.
Bio
Peter Brabeck-Letmathe
Peter Brabeck-Letmathe is a former CEO of the Nestle Group.
Michael S. Dell
Michael Saul Dell is an American businessman and the founder and CEO of Dell, Inc.
Hans-Rudolf Merz
Hans-Rudolf Merz is a Swiss politician of the Free Democratic Party (FDP/PRD) and member of the Swiss Federal Council (since 2004). He is the head of the Federal Department of Finance (the Swiss finance minister) and President of the Swiss Confederation for 2009.
Vladimir Putin
Vladimir Vladimirovich Putin was the second President of Russia and is the current Prime Minister of Russia as well as chairman of United Russia and Chairman of the Council of Ministers of the Union of Russia and Belarus.
He became acting President on 31 December 1999, when president Boris Yeltsin resigned in a surprising move, and then Putin won the 2000 presidential election.
In 2004, he was re-elected for a second term lasting until 7 May 2008.
Due to constitutionally mandated term limits, Putin was ineligible to run for a third consecutive Presidential term. After the victory of his successor, Dmitry Medvedev, in the 2008 presidential elections, he was then nominated by the latter to be Russia's Prime Minister; Putin took the post on 8 May 2008.
Klaus Schwab
Dr. Klaus Schwab, Executive Chairman and Founder of the World Economic Forum, has been dedicated for more than thirty years to improving the state of the world. He is the recipient of numerous international and national honors for initiatives undertaken in the spirit of entrepreneurship in the global public interest and for peace and reconciliation efforts in several regions.
His work at the World Economic Forum has been providing a collaborative framework for leaders of the world to address global issues, engaging particularly its corporate members in global citizenship.
Dr. Schwab holds numerous positions of civic, academic and editorial leadership. He currently serves as Trustee for the Peres Center for Peace, Israel and the Ibrahim Hussein Museum and Cultural Foundation, Malaysia. His academic activities include: Professor for Business Policy, University of Geneva, Member, Overseers’ Visiting Committee, JFK School of Government, Advisory Board Member, Center for International Development, Harvard University, Member of the Corporate Visiting Committee, MIT and Member of the Royal Academy of Morocco. He is a Member of the Editorial Board for Foreign Policy, Chairman of the Editorial Board for World Link Magazine and author of the annual Global Competitiveness Report, in addition to numerous articles and several books.
Previously, Dr. Schwab was a member of the United Nations High-Level Advisory Board on Sustainable Development, Vice-Chairman of the United Nations Committee for Development Planning and member of the Earth Council when it was located in Costa Rica.
Dr. Schwab holds a Doctorate in Economics (summa cum laude) from the University of Fribourg, a Doctorate in Engineering from the Swiss Federal Institute of Technology and a Master’s of Public Administration from the John F Kennedy School of Government at Harvard University. Additionally, he has been the recipient of six honorary doctorates, the most recent granted by the London School of Economics.
Born 1938 in Ravensburg, Germany, he is marred to Hilde Schwab, with whom he co-founded the Schwab Foundation for Social Entrepreneurship, which supports social innovation projects around the world. He has two children, a son, Oliver and a daughter, Nicole.
Vladimir Putin reminds attendees of the World Economic Forum that just last year American delegates touted the US economy's "fundamental stability and its cloudless prospects."
"Today, investment banks, the pride of Wall Street, have virtually ceased to exist," he says.
Prime Minister Vladimir Putin of the Russian Federation says the state should stay out of business is right. Governments especially the US. should allow tax breaks for small business. There is a local tax, a state tax and a federal tax and a social security tax. And maybe more hidden taxes. I think the government should cut it's spending in half unless it desides to be a socialist government like Russia which at the moment is changing from socialism. If the US. would do this it would give business a big lift and thus bring world economy into upward motion. This is my opinion.
Prime Minister Vladimir Putin of the Russian Federation says the state should stay out of business is right. Governments especially the US. should allow tax breaks for small business. There is a local tax, a state tax and a federal tax and a social security tax. And maybe more hidden taxes. I think the government should cut it's spending in half unless it desides to be a socialist government like Russia which at the moment is changing from socialism. If the US. would do this it would give business a big lift and thus bring world economy into upward motion. This is my opinion.
The question that the leaders do not express
is the history of the Banking cartels and how they
brought about world war 1 and 11.
Is this the same game on going for world war 3????