Geopolitical risks overshadow economic optimism in Davos

Ebullient financial markets. Better than expected economic growth. Rising optimism that the worst inflationary upsurge in decades has finally been vanquished.

The economic backdrop to last week's Davos meetings was far more promising than many anticipated a year ago. But if the tone of discussions at the World Economic Forum was anything to go by, nobody was ready to celebrate.

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