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Davos, The Second Day Jan 24 2008

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Starting the Day

Photo by Jeff J. Mitchell/Getty Images

Delegates assemble at the World Economic Forum’s annual meeting, where corporate bigwigs, heads of state and government, and celebrities meet to talk about the world’s pressing political and economic problems.

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Poverty and Climate Change

Photo by Suzanne Plunkett/Bloomberg News/Landov

U2 lead singer and co-founder of Debt AIDS Trade Africa, Bono, speaks about achieving the Millennium Development Goals, which include halving extreme poverty, fighting AIDS, and maintaining the environment. Former Vice President Al Gore also headlined the session, which focused on uniting the efforts to fight poverty and climate change.

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A Break From Work

Photo by Joel Saget/AFP/Getty Images

Davos is a ski resort nestled in the Swiss Alps. Participants can take a break from the meeting to participate in the resort's many attractions, including cross-country and downhill skiing.

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The Secretary-General Speaks

Photo by Denis Balibouse/Reuters/Landov

During a panel session today, UN Secretary-General Ban Ki-moon tells business and world leaders that fresh water is in danger of becoming scarce. Such a scenario would pose a risk not only to economic growth, safety, and national security, but to life itself in some areas. He reminded his audience that the Darfur crisis grew out of a water shortage.

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Nestle C.E.O. Makes a Point

Photo by Adrian Moser/Bloomberg News/Landov

Peter Brabeck-Letmathe, chairman and C.E.O. of Nestlé, in a panel session, said, “The solution to water is more complex than the solution to climate change.” Panelists told the assembly that the problem could be solved through collaboration, new technology, and giving water economic value.

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Peace and Stability

Photo by Wolfgang Rattay/Reuters/Landov

Hamid Karzai, president of Afghanistan, shakes hands with Pakistan’s president, Pervez Musharraf, during a Peace and Stability session. Discussion centered around free and fair elections, including the election in Pakistan on February 18, and developing stable economies.

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Catching Up on News

Photo by Fabrice Coffrini/AFP/Getty Images

Two men work in the congress center during the World Economic Forum meeting in Davos.

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Gates' Plea to Stop World Poverty

Microsoft Chairman Bill Gates spoke about 21st century capitalism today, saying that the needs of impoverished countries can be met through creative use of market forces. "We have to find a way to make the aspects of capitalism that serve wealthier people serve poorer people as well," said Gates.

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