The overall confidence in the global economy has improved in the first quarter of this year compared to last three months of 2012, according to a WEF survey.

Chancellor Angela Merkel of Germany and the president of the European Central Bank, Mario Draghi, are being credited rather than pilloried these days for saving the euro from disaster. Together with Prime Minister Mario Monti of Italy and the International Monetary Funds managing director, Christine Lagarde, they will be among the keynote speakers on whether Europes f...

The world's financial and political elite will head this week to the Alps for 2013's gathering of the World Economic Forum in Davos, Switzerland, with the global economy far less plagued by fear than it was last year.