>> and live from the world economic for rum in davos, i'm john defterios. from a bone-chilling swiss alps, here's the top stories. kazakhstan's leader, how he will become a player in the oil industry. >> sony promotes its follow-up to the playstation portable. and stock market surge after the dow reaches the 12,000 mark for the first time in two years. the world economic forum is under way in the swiss resort town of alps. some of the biggest names are on hand to talk to us. president sarkozy takes the stage to talk about his plans for the g-20. we heard from some of the key players including dmitry medvedev whose arrival was delayed because of monday's airport bombing in moscow.