War in Ukraine impacts global economy: political scientist Tsybulko on Davos Forum

He shared his opinions with Espreso TV.

"The Davos Forum is about global processes, and Ukraine is a small part of these global processes. Although the war in Ukraine and Russian aggression have a significant impact on the global economy, markets and trends. That is, the defense industry segment is growing, and global polarization is taking place. This is because a new axis of evil has emerged, and it is impossible to ignore its existence," explained Tsybulko.

According to the political scientist, the global economy must now take into account all the evils and threats that this axis of evil creates.

"The Ukrainian delegation tried to play on several platforms in Davos. In addition to the economic one, they tried to discuss the Peace Formula. It is obvious that a number of countries in the global South could not be convinced of the need to play by the rules and maintain the world order. They are looking to see who will be the winner in this confrontation in order to side with the winner," emphasized Tsybulko.

• On January 16, Ukrainian President Volodymyr Zelenskyy met in Davos with NATO Secretary General Jens Stoltenberg, US Secretary of State Antony Blinken, and European Commission President Ursula von der Leyen.