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Ukraine dominates Davos summit

Professor Anastassia Fedyk of The Haas School of Business at UC Berkeley tells Brent Goff that the Russian economy is escaping deep damage because of half-hearted application of energy sanctions against it.

Watch video 06:13

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In this photo provided by the Odesa Regional Prosecutor's Office, a damaged residential building is seen in Odesa, Ukraine, early Friday, July 1, 2022, following Russian missile attacks. Ukrainian authorities said Russian missile attacks on residential buildings in the port city of Odesa have killed more than a dozen people. (Ukrainian Emergency Service via AP)

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German Chancellor Olaf Scholz addresses the media following the G7 summit at Schloss Elmau, near Garmisch-Partenkirchen, Germany, June 28, 2022. REUTERS/Leonhard Foeger

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With the conclusion of their three-day summit, G7 leaders have agreed to develop a price cap on Russian oil and provide billions in food assistance to avert a hunger crisis caused by the war in Ukraine.

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