2016-01-20 17:30

Davos Seeks Positives Amid Darkest Outlook Since Last Crisis

Attendees walk inside the Congress Center during the Annual Meeting 2016 of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2016. REUTERS / Ruben Sprich
Attendees walk inside the Congress Center during the Annual Meeting 2016 of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2016. REUTERS / Ruben Sprich

Leaders of the global economy sought glimmers of light amid the darkest outlook since the financial crisis tipped the world into recession seven years ago.

As markets convulsed anew on Wednesday with oil plunging and European equities sinking, the World Economic Forum‘s annual meeting began in Davos, Switzerland, with the list of worries ranging from China‘s slowdown to tumbling commodity prices and geopolitical tensions. The concerns were tempered by the hope that markets will soon stabilize.

52795
130817
52791