Financier turned activist Bill Browder says Russia will make gains that spark refugee crisis if US military support dries up

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Keir Starmer should show leadership over the Ukraine war by pushing for $300bn (£243bn) of frozen Russian assets to be used to fund Kyiv’s military, the financier turned activist Bill Browder has said.

Speaking on the sidelines of the World Economic Forum in Davos, Browder warned that if US military support for Ukraine dried up, Russia would make territorial gains in the near-three-year long conflict, forcing millions of Ukrainians to flee the country.

Rolling coverage of the second day of the World Economic Forum in Davos, as Pedro Sanchez blasts social media owners for harming democratic systems

Rachel Reeves has also revealed ministers want to increase higher skilled migration by creating with more visas for people working in AI and life sciences:

She told attendees at Davos that the government will publish an immigration white paper later this year.

“He recognised that this government has got a different strategic approach when it comes to regulation, and he recognised it was time for him to move on and make way for somebody who does share the mission and the strategic direction that this government are taking.”

António Guterres issues warning at Davos, days after Donald Trump pulled US out of Paris climate agreement

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The world’s addiction to fossil fuels is a “Frankenstein’s monster sparing nothing and no one”, the UN secretary general, António Guterres, told leaders at the World Economic Forum in Davos on Wednesday.

“Our fossil fuel addiction is a Frankenstein’s monster, sparing nothing and no one. All around us, we see clear signs that the monster has become master,” Guterres said in a speech days after 2024 was revealed to have been the hottest year on record and Donald Trump began his second term as US president by pulling the country out of the Paris climate agreement and pledging to “drill, baby, drill” for more oil and gas. The fossil fuel industry gave $75m (£60m) to Trump’s campaign.