BUSINESS

Davos Diss: Obama Economics Team Not Coming

02/23/2009 05:12 am ET | Updated May 25, 2011

The new US administration will send only one of President Barack Obama's close aides to the World Economic Forum's meeting in Davos next week instead of key economic figures, the organisers said Friday.

The news dashed the WEF's hopes that the new National Economic Council chief Lawrence Summers and possibly Treasury nominee Timothy Geithner might join business and political leaders in the Swiss Alps to discuss ways out of the global economic crisis.

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