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Reuters: Confidence evaporates, currency row brews at Davos

Started by chris, January 28, 2009, 01:59:11 PM

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chris

Confidence evaporates, currency row brews at Davos
      


DAVOS, Switzerland (Reuters) - Confidence among the world's top company chiefs meeting in Davos has tumbled to a new low and a brewing currency row between the United States and China cast doubt on the political will to act in concert. Chinese Premier Wen Jiabao and Russian Prime Minister Vladimir Putin will both address business and political leaders in the Alpine ski resort later on Wednesday, to offer their remedies for the worst economic crisis in 80 years.<div class="feedflare">
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