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Strictly speaking, no binding resolutions...
which did not abate for the entire week in Davos, offered no solutions. Bankers were offended that they were lumped into the same category as terrorists, and politicians recognized the need to change the financial structure, but delicately avoided discussing details and the appearance of new regional currencies. Representatives of the scientific community called for recognizing the crisis of the globalization era, with its new, as of yet undefined, problems.Nevertheless, Davos helped governments and businesses express their fears and hopes for the future reform of the financial system. Specific examples of these fears and hopes could, in the best-case scenario, be discussed at the G20 meeting, although disagreements are appearing already. If representatives from a majority of countries are ready to tighten the screws of banking legislation even further, then, according to Russian Finance Minister Alexei Kudrin, "Regulating currencies on a global level will help developing
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