What’s on the agenda for this week. Last week was dominated by macroeconomic news and off-course large financials recording their 2007 Q4 earnings. This will continue with over 100 S&P500 companies (amongst others Microsoft, Apple, General Motors, Ford, DuPont en Bank of America) recording their annual and/or 2007Q4 results but there is more in store this week and from another front namely international political economic news:
EU on Green: The European Commission unveils a comprehensive energy policy on Wednesday January 23rd in an effort to limit carbon emissions, increase energy security and shield economies from volatile fuel prices. It will include targets to reduce greenhouse gases, beefed up carbon trading and incentives for clean coal, biofuels, renewables and other sorts of greenery. Background articles here (The Economist) and here (IHT).
The World Economic Forum: Davos, will again welcome the World Economic Forum for its 38th annual meeting. It officially focuses on collaborative innovation, but the hottest topics behind the scenes will more likely focus around the credit crunch and the prospects for the world economy. On Thursday there will be the most prominent public meeting of the forum with ECB-president Jean-Claude Trichet, American minister of Finance Henry Paulson and leaders of leading American merchant banks. They will address the threat of any wider impact and implications of the credit crunch. Digital footage can be found here.
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