Trinity
02-02-2009 14:31:07
Putin puts the boot in to US and Dell chief at Davos
The reality may be worse than the forecastHypo Real Estate set to dispose of Dublin subsidiary DepfaCowen meets top foreign investorsDecline in INM value not a concern for O'BrienMcCreevy says Ireland safer in euroServisair pay freeze and possible job cutsSIMON CARSWELLPOLITICAL CHIEFS shuffled the doom-and-gloom performers from the world of business off the stage at the Davos economic festival yesterday, as government leaders, heads of state and central bankers aired their views on what needs to be done to fix the world, encourage co-operation and save capitalism.
Delegates were still talking yesterday about the performance of Russian prime minister Vladimir Putin in a keynote address on Wednesday night. Putin, who is travelling with a large security entourage in 20 SUVs, took the opportunity to thumb his nose at the US, which he blamed for the global financial meltdown.
He berated US delegates who spoke last year about the US economy’s “fundamental stability and its cloudless prospects” and seemed to enjoy declaring that “investment banks, the pride of Wall Street, have virtually ceased to exist”. In a fascinating exchange, Putin was praised in a follow-up discussion by Dell computer founder Michael Dell, who enthused about Russia’s scientific and technical proficiency and asked: “How can we help?” Putin replied: “We don’t need help. We are not invalids. We don’t have limited mental capacity.”
The reality may be worse than the forecastHypo Real Estate set to dispose of Dublin subsidiary DepfaCowen meets top foreign investorsDecline in INM value not a concern for O'BrienMcCreevy says Ireland safer in euroServisair pay freeze and possible job cutsSIMON CARSWELLPOLITICAL CHIEFS shuffled the doom-and-gloom performers from the world of business off the stage at the Davos economic festival yesterday, as government leaders, heads of state and central bankers aired their views on what needs to be done to fix the world, encourage co-operation and save capitalism.
Delegates were still talking yesterday about the performance of Russian prime minister Vladimir Putin in a keynote address on Wednesday night. Putin, who is travelling with a large security entourage in 20 SUVs, took the opportunity to thumb his nose at the US, which he blamed for the global financial meltdown.
He berated US delegates who spoke last year about the US economy’s “fundamental stability and its cloudless prospects” and seemed to enjoy declaring that “investment banks, the pride of Wall Street, have virtually ceased to exist”. In a fascinating exchange, Putin was praised in a follow-up discussion by Dell computer founder Michael Dell, who enthused about Russia’s scientific and technical proficiency and asked: “How can we help?” Putin replied: “We don’t need help. We are not invalids. We don’t have limited mental capacity.”
