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

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Rolling coverage of the first day of the World Economic Forum in Davos

The economic disruption caused by Covid-19 and the Ukraine war will drive up inflation, hit growth and create more food insecurity, a new survey just released show.

The world faces the worst food insecurity in recent history – especially in the Middle East and North Africa, Sub-Saharan Africa and South Asia.

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