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Friday, May 3, 2024

Global elites return to Davos under Ukraine storm

The theme of the World Economic Forum is ‘History at a Turning Point’

DAVOS: The Davos summit of global political and business elites returns Monday after a Covid-induced two-year break to face another momentous crisis: Russia’s invasion of Ukraine.

The theme of the World Economic Forum, “History at a Turning Point”, sets the tone for the four-day meeting in the glitzy Swiss mountain resort that will be dominated by the political and economic fallout from the conflict.

When the WEF last took place in Davos in January 2020, the coronavirus was just brewing in China before morphing into a devastating pandemic.

A Davos forum took place virtually last year, with Russian President Vladimir Putin among the speakers.

Russian business…

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