WEF chairman hopes forum will help push "reset" button on world economy

The World Economic Forum is an an opportunity to "push the reset button" on the global economy and to seek solutions to fundamental issues, according to the body's executive chairman. Speaking ahead of the next week's gathering of world leaders and power brokers in the Swiss ski resort of Davos, Klaus Schwab said the world was "still caught in a crisis-management mode." He said this year's gathering would be characterised by "cautious optimism", "diminished expectations" and "many known unknowns". Schwab also spoke enthusiastically about the presence this year of Brazilian President Dilma Rousseff, who he said would engage in a number of discussions about economic reforms - and specifically about how to overcome the economy's "mid-life crisis". He also expressed sorry at German Chancellor Angela Merkel's recent skiing accident. Hundreds of public figures and world leaders will attend the forum, which starts on 22 January. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/8b4494f9e9697697ad6f5c584454bfcd Find out more about AP Archive: http://www.aparchive.com/HowWeWork