"Is it all gloom and doom? Not probably...If Mr Putin decides to end the war, there would be certainly an upside," Raghuram Rajan noted.

Over 93 per cent of cybersecurity experts and 86 per cent of business leaders believe "a far-reaching, catastrophic cyber event is likely in the next two years" and there is a critical skills gap that is threatening societies and key infrastructure.

Uber has worked to cut costs for months, early enough relative to others that a memo the CEO wrote on this tougher stance "landed a bit like a lead balloon initially," Dara Khosrowshahi saidon the sidelines of the World Economic Forum's annual meeting.