Economics

Davos Divines ‘Shared Norms’ as Reality Turns Grim on Sarkozy

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The global elite is failing to find the “shared norms in the new reality” preached by the World Economic Forum as lopsided growth and income inequalities split the international economy.

Delegates at the Swiss ski-resort of Davos identified rising food prices, North African unrest and competing remedies for an uneven global recovery as evidence of increased discord.