Ian Bremmer's Quick Take: Hi everybody, Ian Bremmer here from Davos. We're just kicking off the annual forum in Switzerland, its 53rd Annual Meeting. And here I am in the cold, but not absolutely frigid, to talk with a bunch of global leaders and 52 heads of state showing up. 2,700 world leaders are going to be here for the week, and that means that you can get a hell of a lot of work done in a relatively short period of time.

Big issues to be discussed. Well, first and foremost, we are in Europe, and that means they are feeling a lot more negatively about the geopolitical environment than we are across the Atlantic. Why? Because the Russian invasion is affecting them directly. It's the permanent end of a 30-year long peace dividend for Europe. It means they are all dramatically ramping up their security spend. They think they're going to have to for the foreseeable future. It means that energy prices, even though they've managed to do a lot on that and they're lower than people expected, they're still a lot higher for the foreseeable future than they would otherwise want. And also, of course, because there are massive numbers of refugees that are being hosted in Europe still from Ukraine, and the concerns about insecurity, instability, what it means to be fighting a proxy, hot war against the world's largest nuclear power right across the border, that's something that people are still trying to grapple with on the mountains here.