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It’s the first day of the World Economic Forum. We’ll keep you up to date. By Tom Burgis, Claire Jones and Ben Fenton in London with dispatches from FT correspondents in Davos. All times are GMT.
18.26 That’s it for the first day of Davos live.
Among the talking points were monetary policy, currency wars and that speech by David Cameron.
The British PM arrived in Switzerland today and is due to talk at 10.30am local time (9.30am UK time) tomorrow.
18.03 Unsurprisingly, the “resilient dynamism” (see 10.09) theme of this year’s Davos hasn’t gone down too well with the British press pack:
[blackbirdpie url="https://twitter.com/ChrisGiles_/status/294134384917872640"]
[blackbirdpie url="https://twitter.com/jeremywarnerUK/status/294135685995184128"]
17.48 The IMF’s managing director Christine Lagarde took the stage after Mario Monti and she’s just taken a swipe at Cameron:
[blackbirdpie url="https://twitter.com/ChrisGiles_/status/294138878732951552"]
17.40 Gideon Rachman’s analysis of the Italian PM’s reaction to Cameron’s speech:
Continue reading »Gideon Rachman: His line that Europe does not need reluctant Europeans will be spun as anti-Cameron. But, in context, I think Monti was trying to be positive.The Italian PM said Cameron was right that “prosperity and growth have to be priority number one” and that he was confident “Britain will vote to stay inside” in the event of a referendum. He also said it’s good that Cameron will ask the “fundamental” question of whether nations are in or out and that this will provoke Brits to make a proper analysis of costs and benefits.
