Legendary investor George Soros said the war in Ukraine must end soon because it is diverting attention from climate change and therefore threatening civilization.
“While the war is raging, the fight against climate change must take second place. However, experts tell us that we are far behind and climate change is about to become irreversible,” he said. Soros.
In his annual presentation at the World Economic Forum in Davos, Switzerland, the 91-year-old focused his criticism on Russian President Vladimir Putin and Chinese President Xi Jinping, saying they threaten open society.
“What do the two dictators, Vladimir Putin and Xi Jinping, have to show? They are bound by a boundless alliance,” said the founder of the Open Society Foundations. amazing “.
He said Xi’s approach to zero-COVID policies has had disastrous economic consequences, which Soros says he will never do because he cannot admit any mistakes. He said that in addition to China’s real estate crisis, the damage threatens the global economy by disrupting global supply chains.
Soros also called on former German Chancellor Angela Merkel for making special arrangements with Russia for natural gas and at the same time turning China into Germany’s main export market. Merkel’s successor, Olaf Scholz, “always seems to do the right thing, in the end,” he added.
Soros says on Monday he wrote a letter to Italian Prime Minister Mario Draghi in which he said Russian reservoirs will be full in July if the country does not continue to sell natural gas. If Siberian fields are to be closed, they will lose half of their production when they restart due to aging equipment, he added. He said he did not support an oil embargo because “oil is expendable”, but Europe has more influence over natural gas than is commonly believed.