Turning a profit from carbon emissions

World EconomySwitzerland - With the issues of climate change and the global economic crisis coming to a head simultaneously, world leaders have focused on tying the two together, and businessmen Saturday were trying to find ways to make money from a green economy.

Europe's carbon credit trading program, in its second phase, is seen as being on the path to putting a price on pollution and creating a market that would allow for profit making.

World leaders say green thinking can help global economy

World leaders say green thinking can help global economy Davos, Switzerland  - With the economic crisis likely to dominate much of 2009, world leaders in Davos Friday urged climate change issues to remain in focus.

Prime Minister Gordon Brown, German Chancellor Angela Merkel, the UN's Secretary General Ban Ki-moon and others attending the World Economic Forum warned against letting the economic worries overshadow the need to solve the climate issues as the two were interconnected.

Calderon, Uribe vow active line on economy, tough on crime

Calderon, Uribe vow active line on economy, tough on crime Davos, Switzerland  - Pushing for active countercyclical economic policies to work the world economy out of the current downturn, Mexican President Felipe Calderon also said he would continue his tough stance on organized crime.

He said Mexico was, for the first time in the country's volatile history of financial crisis, in good shape to engage in public spending, as it had a sound banking system and was well capitalized.

Afghans, Pakistanis need to be involved in their future

Afghans, Pakistanis need to be involved in their futureDavos, Switzerland  - The fight against terrorism could only succeed in Afghanistan and Pakistan, officials gathered at Davos have said, if there was strong international military cooperation and if ordinary people's lives were improved.

The two neighbouring countries would have to implement a strategy which relied as much on development projects as it would on military action against extremists groups employing terrorism, otherwise the people would not be on board.

Indian economy will grow at 7 to 7.5 percent next fiscal : Kamal Nath

Kamal NathDavos (Switzerland), Jan. 30 : The Union Commerce and Industry Minister Kamal Nath said here that the Indian economy would continue to grow at a steady pace of 7 to 7.5 percent.

Addressing a press conference at the World Economic Forum here on Friday, Nath said the Indian economy grew by 7.8 per cent in the first half of this fiscal and is expected to maintain the same growth rate, more or less, in the next financial year.

Brown, Ban call for international efforts to boost economy

Ban Ki-MoonDavos, Switzerland - Coordinated international efforts will be needed to lead the world out of the current economic crisis, the United Nation's Ban Ki-Moon and British premier Gordon Brown said Friday, urging countries to also maintain aid levels to the poor.

Brown said countries needed to "come together as one" and take steps like those he introduced in Britain, including capital injections and the introduction of stimulus packages.