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The Guardian - UK
The Guardian - UK
Business
Graeme Wearden in Davos

Davos day one: Zelenskiy calls for maximum sanctions against Russia; recession fears on the rise – business live

That is probably all for today.... here’s our news story on the main news event of the day, president Zelenskiy’s speech:

And some background reading about how Davos isn’t quite the same this year.

We’ll be back tomorrow. GW

Updated

Finishing on a positive note, David Rubenstein argues that the current crisis is a less serious economic shock than the Covid-19 crisis, the financial crisis, or the dot-com bust.

It’ll be a mild recession, if it’s a recession, he says. [actually, he’s been using ‘banana’ for ‘recession’, echoing an advisor to President Carter who didn’t want to scare the electorate].

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