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A defender of austerity makes case for UK at Davos

 Chairman and CEO of PepsiCo Indra Nooyi from the US, right, prepares to shake hands with Russia's First Deputy Prime Minister Igor Shuvalov, left, du...
 A cameraman films the Posthotel Morosani during the 41st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 27, 2...

Switzerland Davos Forum

Chairman and CEO of PepsiCo Indra Nooyi from the US, right, prepares to shake hands with Russia's First Deputy Prime Minister Igor Shuvalov, left, du...

APTOPIX Switzerland Davos Forum

A cameraman films the Posthotel Morosani during the 41st annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 27, 2...

In a nod to the post-crisis atmosphere, British Prime Minister David Cameron will tell the World Economic Forum that his country's austerity measures are starting to bear fruit while U.S. Treasury Secretary Timothy Geithner will look at his country's priorities for improving its own economy.
Friday is setting out to be a decidedly political one for the Forum, with German Chancellor Angela Merkel _ a staunch defender of the euro _ giving her own speech, too.
But Cameron, whose Conservative-led coalition government has imposed a series of tough measures _ from tax hikes to budget caps _ to reduce the country's debt, will have center stage first.


Updated : 2021-05-09 14:47 GMT+08:00