This is due to growing concerns about the wealthiest members of society buying political influence.
Donald Trump has heightened uncertainty about the acquisition of Greenland, stating that NATO would be pleased with his plan. He refused to give assurances about the stability of the transatlantic alliance.
U. S. President Donald Trump flew to Davos on a new plane after the previous Air Force One returned to the U.S. due to a minor wiring issue.
Air Force One with Donald Trump on board returned to Joint Base Andrews due to a minor electrical wiring issue. The President and the delegation will travel to Davos on two smaller planes.
Lithuanian President Gitanas Nausėda stated that an agreement on sharing responsibility for security in the Arctic and North Atlantic could resolve the dispute between the US and Europe over Greenland. He emphasized that this dispute overshadows the war in Ukraine and benefits Russia.
A dispute over Greenland has pushed back plans for an understanding between the US, Ukraine, and European states in Davos. Plans to sign a document on Ukraine have been canceled, although meetings between Trump and Zelenskyy and European leaders are still likely.
Donald Trump proposed creating a "Peace Council" to replace the "ineffective" UN, inviting Putin to join it. This initiative is meeting with resistance from allies and disputes over its powers.
Russian representative Kirill Dmitriev met with US President's special envoy Stephen Witkoff and Jared Kushner. Talks on the US peace plan and ending the war took place in Davos behind closed doors.
Global gold prices exceeded $4700 per ounce, and silver reached $95. The increase is due to escalating geopolitical tensions and investor uncertainty.
Canadian Prime Minister Mark Carney stated in Davos that Russia poses an obvious, albeit potential, threat in the Arctic. He emphasized that Canada is expanding its navy and air force to defend against Russian threats.
US Treasury Secretary Scott Bessent stated that President Trump can impose 500% tariffs on countries buying Russian oil without Senate approval. He also highlighted Europe and China's purchases of Russian oil.
US President Donald Trump does not plan to visit Paris to participate in the emergency G7 summit proposed by Macron. Macron also will not extend his stay in Davos until Trump's arrival.
Deputy Prime Minister Taras Kachka stated that maintaining the Ukrainian army over the next 10 years could reach $700 billion. Minister Oleksiy Sobolev added that over $500 billion more should be allocated from the state budget.
Finnish President Alexander Stubb has expressed a desire to meet with Donald Trump to discuss Greenland, proposing "sauna diplomacy. " Stubb is also concerned that attention to Greenland could distract from Ukraine.
The special representative of the Russian dictator, Kirill Dmitriev, arrived at the negotiating platform in Davos. Kremlin spokesman Dmitry Peskov did not confirm Dmitriev's meeting with Trump.
Ursula von der Leyen stated the need for a new form of European independence due to geopolitical upheavals. She emphasized the importance of trade agreements and cooperation with the United States.
President Zelenskyy stated that negotiations on ending the war are ongoing, and there is no dead end. He noted that contacts between the parties are constant, and negotiators are working on documents.
President Zelenskyy received reports from negotiators after meetings in the US and Davos. Ukraine is ready to sign documents on security guarantees and reconstruction, particularly with America.
Ukrainian President Volodymyr Zelenskyy stated that he remains in Ukraine due to the energy situation, prioritizing the resolution of internal issues. He noted that he would go to the Davos forum if important documents or decisions regarding air defense were ready.
Zelenskyy remains in Kyiv to resolve the crisis after Russian attacks. He will not go to Davos unless there is a meeting with Trump to sign a prosperity plan.
Andriy Sybiha stated that the massive shelling of Ukraine on January 20 is a signal for world leaders in Davos. Thousands of homes in Kyiv remain without heating at -15°C.
The White House has not yet scheduled a bilateral meeting between US President Donald Trump and Ukrainian President Volodymyr Zelensky in Davos. Zelensky is seeking a personal meeting, but the reluctance to hold it comes from the White House.
Danish officials will not attend the World Economic Forum in Davos amid an escalating dispute over Greenland. US President Donald Trump is threatening to impose tariffs over the island's situation.
The traditional Ukrainian Breakfast in Davos on January 22 will discuss ways to end the war and overcome challenges. NATO Secretary General Mark Rutte, as well as the leaders of Latvia, Finland, the Netherlands, and Croatia, will participate.
Special envoy of the Russian dictator Kirill Dmitriev will meet in Davos with US President's envoys Steve Witkoff and Jared Kushner. The meeting will concern the US peace plan, as reported by Axios journalist Barak Ravid.
Donald Trump's threats regarding Greenland have caused outrage in Europe, which could lead to a "divorce" from America. European officials are considering creating a new alliance without the US, using a "coalition of the willing" to support Ukraine as a basis.
The Ukrainian and American delegations agreed to continue negotiations in Davos. Over two days in the US, economic development, a prosperity plan, and security guarantees for Ukraine were discussed.
The NATO Secretary General held a phone conversation with US President Donald Trump regarding the situation in Greenland and the Arctic. They will meet in Davos at the World Economic Forum.
Trump's team is developing the concept of a "Peace Council" to monitor and implement a future agreement to end the war in Ukraine. This body, led by the US president, would coordinate the management of the enclave, borrowing a model from the peace plan for the Gaza Strip.
Delegations from Ukraine and the United States will meet in Miami to discuss agreements on security guarantees and $800 billion for Ukraine's economic prosperity.
