World leaders conclude Davos forum

World political and business leaders concluded a five-day forum yesterday on tackling the financial crisis and other global challenges, going home with the world's expectations for decisions and actions.

One of the most important consensuses reached at the World Economic Forum (WEF) annual meeting in Davos, Switzerland, is the need for international cooperation in dealing with the current crisis, which has affected both developed and developing economies.

"This is not an economic crisis in one country, it is a global crisis. We need global cooperation and action to cope with it," said British Prime Minister Gordon Brown, one of the 43 heads of state or government present at the meeting.