German Chancellor Angela Merkel is also speaking. Merkel says she believe Greek private sector talks are on a 'good path'. Merkel adds that she is waiting for the legal ruling on whether the European Commission can file complaints against euro zone countries that violate fiscal rules.

S. D. Shibulal, CEO of Infosys has written a blog post for us in which he shares his thoughts on this year's Davos so far.

He writes: "At the heart of the global macro-economic uncertainty is the crisis of trust. Leaders across businesses and governments alike need to work together to rebuild that trust. Creating jobs and fostering sustainable growth is the first step in this journey. While businesses will need to look at measures to manage their short term crises and be truly evolved, smart enterprises will have to balance their focus between “short term needs” and investing for “long term growth through innovation”.

We must also recognise that the emerging future is being shaped by global mega trends in business and society, along with changing demographic profiles."

Oceans panel pretty sparsely attended at #davos despite the fact that, as the moderator says, "they're global!"

RT @ReutersTV: In #Davos, its gotta be the shoes. reut.rs

One of the first things you notice about Davos during the conference proper is the increased security. They're everywhere. Here's a Reuters TV rough cut which runs through some of the numbers, including a Swiss Guard deployment of 4,712 every single day!

#Davos Euphemism Watch: Barclay's CEO drops the phrase "universal banking model" buswk.co

Andrew Ross Sorkin of CNBC/NYT fame spoke to JPMorgan CEO Jamie Dimon this morning. Among Dimon's statements: "The direct impact of a Greek default is almost zero." Here's the full interview: bit.ly

Davos has been called "gloomy" this year, but that's not because big companies lack cash. Here's Bloomberg with some context on the European companies that are eyeing big deals: "The biggest European companies by market value have cash reserves of $1.54 billion on average, 23 percent more than in 2007"

RT @rbaum: I think Felix has met his match. Give these guys a regular show. Salmon v. Scaramucci reut.rs

. @FelipeCalderon at #Davos on the EU: "We need to take out the bazooka immediately...before the gunpowder gets wet" #WEF

The more money governments commit, the less money they will spend. This creates confidence. We are all in the same boat @FelipeCalderon #wef

Also lenders must take responsibility for having acted carelessly @FelipeCalderon #wef

Mexico’s G20 will ensure that financial markets will be better regulated in the future to prevent global imbalances @FelipeCalderon #wef

Calderon has spent the majority of his speech at #Davos talking about the EU, almost no mention of violence in Mexico

RT @Breakingviews: Uninvited guest, Mr 99 Percent, crashes #Davos, says Rob Cox of #Breakingviews link.reuters.com @rob1cox

RT @Rtrs_BizTravel: Davos Man behaving badly, by Anya Schiffrin | reut.rs

At the #davos panel on how to avert a "lost generation" of unemployed youth #wef

Key feed for talent is the young generation. Avg age @Publicis is 31- Maurice Levy #4mygen #WEF

We are more tech savvy, can use it to our benefit and make our voice heard- @GlobalShapers @OlenaT #4mygen #WEF

Arabic saying: bring up your children for a time different than your time- Khasawneh #WEF