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The Guardian - UK
The Guardian - UK
Business
Larry Elliott in Davos

Ukraine war weighs heavy as apocalyptic mood shrouds Davos

Davos Ukraine Vladimir Putin Fabrice COFFRINI George Soros Kristalina Georgieva Russia AFPGetty Images Depression World Economic Forum
The Ukrainian president, Volodymyr Zelenskiy, makes an address from Kyiv to an audience at the World Economic Forum in Davos, Switzerland.
The Ukrainian president, Volodymyr Zelenskiy, makes an address from Kyiv to an audience at the World Economic Forum in Davos, Switzerland. Photograph: Markus Schreiber/AP

The impact of Russia’s invasion of Ukraine dominated a delayed and slimmed-down World Economic Forum this year but it took George Soros to articulate what many of those making the trip to the Swiss Alps had been thinking.

Davos would not be Davos without a broadside from the 91-year-old philanthropist and former speculator, but the conflict in eastern Europe prompted his most apocalyptic warning yet.

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