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World Economic Forum to Meet in New York

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Reuters

As the U.S. struggles to cope with its weak economy and financial scandals--including the one shrouding collapsed energy trader Enron Corp.--this week’s World Economic Forum comes at a critical juncture for corporate and political leaders eager to shape the world’s business agenda in 2002.

Three thousand of the world’s most influential people are flocking to the Waldorf-Astoria Hotel in New York for the five-day meeting starting Thursday. The forum previously has always met in Davos, Switzerland.

Security will be tight.

Heads of the world’s biggest food companies, drug firms, mining conglomerates and investment banks will mix with political leaders for brainstorming sessions.

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This year’s official agenda covers a range of themes including the “alleviation of poverty” to “restoring sustained growth.”

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