Saturday, 25th June 2022
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Davos 2022: Is globalisation dead?

The 2022 meeting of the World Economic Forum has come to a close, with the war in Ukraine dominating proceedings. German Chancellor Olaf Scholz delivered a blistering attack on Russian leader Vladimir Putin, accusing him of waging a war of "imperialism" in Ukraine and calling for Europe to end its dependence on Russian energy. FRANCE 24's Business Editor Kate Moody looks back at the week's highlights, as well as the question of whether global supply chains are sustainable in the 21st century.

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29 May
While most advanced economies are recovering from the worst effects of the pandemic, labour markets are facing a new and unexpected challenge: a shortage of workers. It's one of the issues business leaders are discussing at the World Economic Forum in Davos, Switzerland. Christophe Catoir, President of Adecco, tells FRANCE 24's Business Editor Kate Moody that the problem could persist for several years to come.
25 May
The world is facing its worst food crisis in history. Millions of tonnes of wheat are stuck in Ukraine, worsening an already precarious situation for many countries that depend on exports from the region. IMF Managing Director Kristalina Georgieva tells FRANCE 24 Business Editor Kate Moody that only "very strong international mobilisation" will save the lives of millions of people. Also in our update from Davos: EU member states move towards an embargo on Russian oil, but with no consensus on the timeline.
30 May
The agenda of the World Economic Forum in Davos has been dominated by the war in Ukraine and its implications for the global economy and supply chains. Volkswagen CEO Herbert Diess spoke to our Business Editor Kate Moody on the sidelines of the event. He warned that a "long-lasting" war in Ukraine would be "really negative, mostly for Europe".
29 May
As the World Economic Forum in Davos draws to a close, Business Editor Kate Moody gives us an update on the final day's agenda. The war in Ukraine and global food and energy security dominated discussions throughout the event. The head of the International Energy Agency (IEA), Fatih Birol, has told FRANCE 24 that it will be very difficult for Europe to move away from Russian gas because of its over-reliance on the country's supplies over the years.