 Well, good afternoon, ladies and gentlemen. Thanks very much for joining us for our third press conference here in the media program, the Global Agenda Council Summit 2014. This one is to mark the launch of our Global Leadership Index, which is a new endeavour by the councils. It's the first time we've attempted to do this, but basically it's to try to cast a light on what state we are in in terms of global leadership. We're looking at it from a variety of different ways, whether it's from a regional lens, through a gender lens, through an age lens, or through particular sectors of society. So, quite a fascinating finding. You would have, if you were eagle-eyed, noticed it was published on Friday in our Outlook on the Global Agenda, so you can read all about it here. But we're just going to try to offer you some more context and some more insight, so I will announce the panel and then we'll have a Q&A session. On my immediate left here, we have Martina Larkin, my colleague from the World Economic Forum. Martina is the Senior Director and Head of the Network of Global Agenda Councils here. Next to Martina is Carl Bilt, former Prime Minister of Sweden and a member of the Global Agenda Council on Europe. Then we have Yaza Jarrah. Those of you who are with us for the Future of Government Breathing a few minutes earlier will remember, Yaza is a member of the Future of Government Council and Senior Partner at Bain here in the UAE. We hope to be joined by Anne-Marie Slaughter, President and Chief Executive Officer of the New America Foundation in the USA today. I'm going to start by asking Martina to give us a brief overview of what she believes are the salient points among the trends that we uncovered in the Global Leadership Index. Thanks, Anne. What we discovered through our findings of over 1,700 experts is really a fundamental lack of confidence in global leadership. 86% of our respondents agree that there is a global leadership crisis in the world today. And of course this poses a serious challenge to the prospects of tackling some of the challenges that we've been discussing yesterday, the day before and tomorrow in Dubai here, but also generally as we look to the global trends that are in the outlook more generally. What is interesting also is that there's a massive shake-up of traditional values as confidence in religious leaders is the lowest in all of our stakeholder groups. And international organisations are doing very well. They're ranked number one, followed very closely by business leaders and governments are second lowest, so governments are not doing that well, as well as media leaders for this particular crowd. Maybe interesting to note. In terms of the skills that people are looking towards, it's really unanimous across gender and generations in the top list, but then it starts differentiating as of the top three or so. On top of the list is a global perspective, need to collaborate and better communication. These are really the three skills that were highlighted that our respondents asked from global leaders. And then there's some differences that will cost us the generations and gender, but we can go into these maybe a bit later and leave others to give their perspectives as well. Carl, we're not lumping all the blame on yourself as a former Prime Minister of Sweden, but please feel liberated to comment on the fact that the government is the seventh out of eight stakeholder groups in this index, and perhaps offer some thoughts on what government could do to restore trust and faith in leadership. I think what you see in these figures is a reflection of the fact that political leaders throughout the western world really or throughout the world have been overwhelmed by the magnitude of the challenges that they are facing. I'm not going to say that everything was simple and easy before, that was not the case. There was a complex world there as well, but it's becoming increasingly complex and increasingly challenging. There are no easy answers available. We have obviously since 2008 a very different and more challenging economic environment, be that in Europe or be that globally. We have environmental challenges with climate change that is putting new pressures both on our economic and political systems. We have lately health challenges in terms of Ebola, and we suddenly have also geopolitical situation that is more demanding. Either we speak about Russian aggression in Ukraine, or we speak about the ISIL threat in the Middle East, or we speak about the emergence of a far more assertive, somewhat nationalist China with the implications that it's having for East Asian security. Quite a number of developments. What is happening is, of course, is there are no easy, obvious answers. Sometimes public expect the political leadership to deliver the easy answers. Political leadership aren't. That is reflected in I think the lower level of confidence in political leadership. The way to overcome this is of course to find the answers that somewhat easier said than done has to be said, but demands for political leadership is very high. People want political leadership. At a period of uncertainty they're looking for leadership. So the demand is there. Then it's a question of delivering that particular leadership. That requires of course grasping the magnitude of the challenges and trying to deliver the answers. And as we are in this period of mounting challenges, the multitude of mounting challenges, that is a somewhat demanding task for political leaders. I think that's the explanation for the figures that you see coming out of this particular survey. You also see it in other. I notice that confidence in religious leaders was down. Well, in certain areas, I mean religious leaders, if I go to Europe, in modern times have been supposed to deliver harmony. I mean, going back to the 30 years war, they were not really delivering harmony. They were delivering strife. And now we see in other parts of the world, notably this part of the world, there's a perception that religious leaders are delivering more strife than harmony. And that is also reflected, I think, in the declining confidence in religious leaders in different parts of the world. Thank you, Carl. Yes, as a local businessman and somebody who's based here in the region, perhaps you could offer some insights into the leadership index. Business, of course. Ranking number two, maybe it's easier to be a business leader. Perhaps business leaders are doing something right. What are your thoughts? Well, it's definitely easier and less overwhelming, but not something to be taken for granted. I think when I looked at the results initially, something that came to mind that if you look at the challenges, income inequality, jobless growth, issues like weakening democracy, pollution, most of that list is failures of leadership, failures of global leadership, failures of organizational leadership. So the leadership isn't just an issue we're facing in the future, it's also one of the root causes, probably, of a lot of these problems. I reflected more and more about what is business doing right. Is business doing anything right? Are the NGOs doing anything right, or is it just a matter that the others are much worse? And I think there's something about expectations and delivery. The level of expectations globally is increasing from all parts of the society, business, governments, NGOs. These expectations are now fueled by a rise of social media and a spread of technology whereby we're sharing and we're comparing. 15 years ago, you couldn't compare what's happening in your country to many other countries as easily. You couldn't voice your opinion. So the governments are not maybe getting worse, but their weaknesses are being much more exposed and getting much more challenged. So that's something that led to that. Then we look at the businesses and the NGOs, they are on the front line. They say we're going to do one thing and by and large they deliver it. NGOs don't have political interests, majority of them, to play with. They're trying to deliver services on the front line. Businesses are delivering their promises and trying to grow and because they have a very single focus. They're focused on profits. They set the rules of the game. And to be honest, if we think more and more about the governments and we think are they inherently untrustworthy, well, they are a result at the moment of the rules of the game that they have to play with. We have hardwired ourselves into a system of government and governance that's probably not suitable for today's challenges. So they're also bound when they're overwhelmed and also bound by the international governance issues. So we see an age of broken promises from pollution, if you're interested in environment, to local delivery of health services. We see an age of broken promises which is affecting the trust in government and the confidence. Whereas in the businesses, it's a little bit more easier to deliver on what you say I want to do. Thank you. I'll show you how to see if there are any questions. Gentleman, down the third row, please. Remind us your name, please, sir, and where you're from. Siddes from Gals News. My question is to the former Prime Minister of Sweden. Don't you think that we should rise above the regional alliances like the ASEAN or SARC or G20, because we stay in a more globalised world, so globalised that someone sneezes in Europe, we catch cold here? I didn't get it quite because of the acoustic source. My question is that don't you think that we should rise above and have more participative alliances all across the world? Rise above, say, G20 or G8 or ASEAN? I think we would all love to see that. Clearly we have a crisis of global governance when it comes to X numbers of these particular issues. The structures of global governance that we have are insufficient or in crisis. That has to do also with both the mounting economic challenges but also the rising political tensions that are there. That makes it more difficult to achieve what you aim at and what we would desire more of cooperation to address these particular challenges. Diplomau is a difficult issue. We have major challenges. We've had a UN-sponsored effort, our bleak to a certain extent, to settle the conflict in Syria. That has not been a big success to put it in the mightiest possible forms. We have an ongoing discussion which is extremely important in Muscat at the moment, between EU, US and others in Iran on the nuclear fire. We have ongoing talks in Beijing as we speak between China and Japan in order to try to resolve some of the acute differences there as well as some of the economic issues in the East Pacific. But as we are in this period of mounting challenges, there is also mounting tensions. That makes it more difficult to achieve what I absolutely agree with you. We should try to achieve. One more question to Lachyn. Don't you think that media ideally should be where the NGOs are because media raises the voice of the people and build a trust factor with the larger masses? What was the first part of the question? Don't you think that media should be at the place where NGOs are in terms of this? Ideally everyone should be on the top level. Yes, they definitely do have an important role to play and they should play a much bigger role and be much more a trusted partner in addressing some of these issues. Clearly they are not. I think there is a big gap between what is expected and what people think is being delivered and what is truly delivered. I also wanted to make a point on your previous question about global governance. Clearly the large majority of our respondents also felt that global governance is a very important concept. Nearly 90% of them think it is a very important concept but it is extremely poorly implemented. When we look at the next 12 to 18 months none of them actually thought that global governance can be used to solve the challenges that we are facing. The majority of the regions opt for regional or national governance. In the Middle East and Europe a lot of them look towards regional governance which we see a lot of regional alliances now growing up. But also national governments taking much more ownership over how to govern things even China has really taken leadership in showing the world what can be done on some of these global challenges. I think it is an interesting debate but clearly not yet fully explored at all. Do you have any more questions? Maria Gonzales. Mr George, you talk about social media saying that it brings some perspective and some connectivity between countries as it helps to communicate different citizens and realize in which system they are working on. I really don't know if you comment that as a positive thing or as a negative thing and I would like to know how governments should improve connectivity in order to give this way to communicate with the world and what is going on in these countries and what is the role of social media for governments and how governments should take the voice of social media, the voice of citizens that are talking through the social media. Of course not everyone is in social media but still it is an important voice that maybe governments should take care of. Then the second question I would like to know of you here in this global agenda summit. You will give some guidelines to this for example religious organizations or governments or news and media guidelines to say what they have to improve and how they should improve. It sounds like an interesting future challenge for the network. Maybe Mr Bill, you could ask the first question. Can social media be deployed more effectively to improve trust in leadership? Martina perhaps you could offer some thoughts on whether we can take these findings and how will we use them. Social media is exploding all over the world, no question about that. That means that one of these industries if you use that phrase in the world that is under greatest pressure and greatest pressure of transformation is the entire media business. I mean there is not a newspaper, there is not a media house in the world that is not in the significant pressure and are complaining by the way but at the same time there are new sources of information and new channels and I think it is going to be even more dramatic as we look ahead. Because what is happening now is that we move over to, you already have it to some extent of course, the face of the net revolution which goes mobile. I mean my favorite statistics is that within 5 years we will have 65% of the population of the world covered by 4 or 5G networks that is mobile broadband. And that means that in those 65% of the population of the world nearly every person under 15 years of age or 20 years of age let's say that will have some sort of more or less sophisticated smart phone. I mean cheaper smart phone are coming out of the Chinese production that will make it possible for very many more people to have it and social media will be on all of these platforms. Which means that traditional media will have to sort of changed and politics will have to change because the interaction between sort of the electorate and the governments will to large extent be through social media. New channels are opening up for political leaders to communicate and communicate two ways, both getting their message across and listening to the voice of the people and getting information from all over the world. So it is a true revolution that is coming with social media and I think we are only in the beginning of it and will fully understand the magnitude of it perhaps in a couple of years. Martina. So on what we are doing here with the forum and the councils, first it is obviously important to raise it and raise awareness of the fact and make sure that we have it on our global agenda as well. We obviously have representatives from all of these stakeholder groups here in Dubai but also in our larger network within the forum so clearly we are working with them already and I think that the fact that they are here that they are committing three days. Two years essentially to the councils is already a big step and shows leadership that they do want to address these issues. But this is just a start and we are going to use those councils and members of the councils to really look at some of these challenges and also make recommendations how to address them and the forum is committed to bring those recommendations forward to Davos and to the regional events in spring to really make sure that they are not just remaining within that network but really are more spread and applied across the world and across our different stakeholder groups and communities. And just to offer a bit of context, a lot of the brainstorming and thought leadership that is generated here really is taking forward and used in Davos and developing Davos as well as elsewhere and this really is the beginning of a road to Davos in terms of a road map of great ideas that get incubated throughout the course of the next year that the Labour Councils do not just meet once a year they have regular phone calls and conference calls and developing ideas and different projects and different streams throughout the year. Thank you very much indeed to you for joining us and thank you indeed to my panel for being here and explaining more about this index and I wish you all a very good summit. Thank you. Thanks very much.