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Davos day 4: As it happened

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By Esther Bintliff in London, with contributions from FT writers and editors in Davos.

All times GMT.

18.30: That’s all from us for now folks! But you can stay up to date with all the FT’s coverage of the World Economic Forum 2012 at www.ft.com/davos.  For now, we’ll leave you with a quick recap of some of today’s top news and views:

  • Christine Lagarde, head of the IMF, put it bluntly when she got out her handbag and told a WEF panel: “I’m here with my little bag to collect a bit of money” (see the 11.23 post)
  • At a global economy session, Chris Giles reported that the debate was “more sober than the general mood in Davos of increasing optimism”, with Donald Tsang, chief executive of Hong Kong, saying: “I have never been as scared as now” (see 11.45)
  • Yingluck Shinawatra, Thailand’s first female PM, was studiously vague when asked by Gideon Rachman whether and when her brother Thaksin would be allowed to return to Thailand (see 12.30)
  • In his round-up on Davos 2012, Martin Wolf noted that Mario Draghi has emerged as the hero of the hour (see 13.15), a point confirmed by Lionel Barber, the FT’s editor, in his video interview (15.20)
  • “Doha is dead. Long live the multilateral trading system” – Chris Giles on the message the World Trade Organisation wanted to send from Davos on Saturday (see 17.30)
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