Russia has given its first response to Donald Trump’s ultimatum calling on Vladimir Putin to engage in peace talks or see his Ukraine invasion end “the hard way”.Writing on his Truth Social platform days after re-entering the White House,

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

US president will address global elites via videolink as he sets out his vision for the world over the next four years.

The Kremlin’s forces are steadily advancing on the battlefield, while Kyiv’s allies are publicly discussing whether President Volodymyr Zelenskiy should quickly accept an unfavorable peace deal just to end the fighting.

Gradually, as expected, the world calms down. Of all the "terrible" decrees of Trump, almost nothing has happened so far, except for the US withdrawal from the WHO and the climate agreement, as well as the removal of rainbow flags from US embassies.

Speaking a day after Trump’s inauguration, Ukraine’s president told world leaders at Davos that Europe needs to remain united and “learn how to take care of itself.”

The loss of Kiev will cost NATO not the additional billions of dollars that the alliance allocates for military needs now, but additional trillions of dollars, said NATO Secretary General Mark Rutte,

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at th