Arkansas Online

UKRAINE TO BE key theme at economic forum.

JAMEY KEATEN AND MASHA MACPHERSON

DAVOS, Switzerland — Davos, the hub of an elite annual gathering in the Swiss Alps, has returned, more than two years after the coronavi- rus pandemic kept its business gurus, political leaders and high-minded activists away. There’s no shortage of urgent issues for the World Economic Forum’s annual meeting to tackle.

With their lofty ambition to help improve the state of the world, forum organizers have lots to discuss: there are soaring food and fuel prices, Russia’s war in Ukraine, climate change, drought and food shortages in Africa, inequality between the rich and the poor, and autocratic regimes gaining ground in some places — on top of signs that the pandemic is far from over.

The war in Ukraine will be a key theme. President Volodymyr Zelenskyy planned to speak on opening day today by video from Kyiv, while the country’s foreign minister and a sizable delegation of other top Ukrainian officials will be on hand. They’ll be joined this week by leaders like German Chancellor Olaf Scholz, U.S. climate envoy John Kerry, NATO Secretary-General Jens Stoltenberg and European Commission President Ursula von der Leyen.

“There’s no business as usual,” forum President Borge Brende told reporters, saying Ukraine is not the only worry. “It is also climate change. It is also that the global growth is slowing, and we have to avoid that this very weak recovery ends with a new recession because we have very limited ammunition to fight a new recession.”

“A new recession will lead to increased unemployment, increased poverty,” he added. “So much is at stake.”

President Vladimir Putin’s war means Russian business and political leaders haven’t been invited to Davos this year. There isn’t a traditional “Russia House” social festivities with caviar and vodka spreads for the elite attendees.

Instead, critics — notably including Ukrainian tycoon Victor Pinchuk and the country’s Foreign Ministry — have seized on some symbolism and vowed to voice their disgust, which is shared by many around the world.

“This year, Russia is not present at Davos, but its crimes will not go unnoticed. The ‘Russia War Crimes House’ takes place inside the former Russia House,” organizers of the rechristened venue said.

Opening today, the venue will feature photos of crimes and cruelties that Russian forces are accused of perpetuating. Some victims planned to speak out — including Anatoliy Fedoruk, the mayor of Bucha, a town near Kyiv where images of killings of civilians drew outrage worldwide.

“It’s important to understand what is really happening in Ukraine,” said Bjorn Geldhof, artistic director of PinchukArtCentre, which is helping organize the exhibit. “Part of this exhibition is also to bring back a human face to those people who have become victim of these Russian war crimes.”

Brende, the forum president, says scores of CEOs and other business leaders will be looking into ways the private sector can support Ukraine, “in the situation where Russia is breaking international law, international humanitarian law, and not sticking to the U.N. Charter.”

Not everyone believe Davos is the place where solutions can be found.

A few dozen anti-capitalist demonstrators marching behind a “Smash WEF” banner clashed Friday with police in Zurich, Switzerland’s largest city. Police used rubber bullets and pepper spray to disperse the crowd in what was deemed an unauthorized gathering.

While Ukraine was the intended focus on the meeting’s first day, climate and environmental issues were set to be a recurring, constant theme as the forum looks to future challenges as much as the current ones.

One-third of the roughly 270 panel discussions through Thursday’s finale will focus on climate change or its effects, with extreme weather, efforts to reach “net zero” emissions and finding new, cleaner sources of energy on the agenda.

Front Page

en-us

2022-05-23T07:00:00.0000000Z

2022-05-23T07:00:00.0000000Z

https://edition.arkansasonline.com/article/281728388133221

WEHCO Media