Story perspectives

Russia Returns to Davos Amid U.S.-Europe Tensions

1/23/2026

Summary

Story summary

Kirill Dmitriev, a Russian investor, will attend Davos, marking Russia's return since 2022.
He will meet envoys from the United States amid ongoing discussions about Ukraine.
U.S. President Donald Trump has threatened tariffs on several European nations over Greenland.
European leaders doubt U.S. intentions, while French President Emmanuel Macron criticizes America's expansionist approach.
China positions itself as a more stable partner, contrasting with U.S. volatility.

History

Historical Context

Following Russia's invasion of Ukraine in 2022, international sanctions led by the U.S. and EU isolated Russia, prompting Switzerland to adopt these measures despite its historical neutrality. The sanctions affected trade, with Russia accounting for 1% of Swiss exports. Kirill Dmitriev's presence at Davos in 2022 reflects Russia's efforts to reconnect with global markets amid shifting geopolitical alliances, particularly with China.

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Story summary

Kirill Dmitriev, a Russian investor, will attend Davos, marking Russia's return since 2022.
He will meet envoys from the United States amid ongoing discussions about Ukraine.
U.S. President Donald Trump has threatened tariffs on several European nations over Greenland.
European leaders doubt U.S. intentions, while French President Emmanuel Macron criticizes America's expansionist approach.
China positions itself as a more stable partner, contrasting with U.S. volatility.

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