US financier and philanthropist George Soros expressed grief that the world's strongest powers -- the United States, China and Russia -- were "in the hands of would-be or actual dictators and the ranks of authoritarian rulers continued to grow." The survival of open societies is endangered and we face an even greater crisis: climate change," said the Hungarian-born billionaire. "To demonstrate our commitment to OSUN, we are contributing one billion dollars to it," said Soros in his traditional annual Davos address. With nationalism making further headway around the world, Soros said that the "biggest and most frightening setback" was in India, accusing Prime Minister Narendra Modi of "creating a Hindu nationalist state." An open society would have no place in such a world."

Source: The Telegraph January 24, 2020 07:06 UTC