The world's political and business leaders have converged on the Swiss resort town of Davos to discuss global challenges. Leaders from China, Ukraine and Germany are taking the stage on day one. Follow DW for more.

U.S. President Donald Trump told global business leaders on Thursday they should manufacture products in the United States to avoid import tariffs and enjoy low tax rates.

Germany’s opposition leader has vowed to bar people from entering the country without proper papers and to step up deportations if he is elected as chancellor next month.

Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine reach a peace deal. Andrzej Duda told the BBC that the Nord Stream gas pipelines, which have not been used since 2022, "should be dismantled".

At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.

It means that we are in a polarized, fragmented world where we see less cooperation than in the past, and more competition. There is more focus on national interest. That is a challenge, as many of the biggest problems we face need global solutions.

Paris and Berlin are currently at odds on several files including trade agreements and what approach to take on China.

Chancellor Olaf Scholz expresses optimism for continued cooperation with new US President Donald Trump, saying EU-US cooperation is essential for world peace and security - Anadolu Ajansı

The U.S. economy grows steadily while Europe faces challenges. See why Trump's leadership benefits from America's economic strength amid Europe's struggles.

President Donald Trump has given everyone at Davos something to talk about with his actions on the first day of his second term.

Follow The Hindu’s updates of Day 2 of the World Economic Forum 2025, in Davos, Switzerland, on January 21, 2025