This week the global elite gathered in Davos for the World Economic Forum against a backdrop of rising commodity prices, soaring inflation and conflict in Europe. Host Anne McElvoy assesses the economic fallout with Patrick Foulis, The Economist’s business affairs editor, and our finance and economics editor, Rachana Shanbhogue. Anne also talks to Adena Friedman, CEO of the Nasdaq stock exchange, to gauge the outlook for the markets. Plus, historian Adam Tooze on the changing economic world order.

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