Russian President Vladimir Putin has described US President Donald Trump’s threats of tariffs and sanctions against Russia as “smart and pragmatic.” Speaking to a Russian TV journalist on Jan. 24, Putin declared his openness to a meeting with Trump to address issues such as the war in Ukraine and the volatility of energy prices.

Russia is waiting for signals from Washington to commence highly anticipated peace negotiations to end the war with Ukraine.

Switzerland remains calm amid global panic over Trump’s executive orders. Swiss industries, including gold refining, brace for potential U.S. trade policies, while Trump’s economic agenda stirs global markets.

US President Donald Trump’s virtual speech at WEF and more criticism against the grounded drones in Switzerland.

NATO Secretary-General Mark Rutte has warned that a Russian victory over Ukraine would undermine the dissuasive force of the world's biggest military alliance and could cost trillions of dollars to restore the organization's credibility.

The offers from Bern and Belgrade come as US President-elect Donald Trump seeks to convince Russian President Vladimir Putin to end his war in Ukraine.View on euronews

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

WASHINGTON - President Donald Trump said on Thursday that the "Golden Age" of America had begun and that it was "back and open for business" while addressing business and political leaders gathered at the World Economic Forum’s annual meeting in Davos, Switzerland.

Ukraine praised U.S. President Donald Trump on Thursday for threatening to impose tariffs and sanctions on Russia if it refuses to make a deal to end the war in Ukraine and said the comment sent a "strong signal".

Catch up on Wednesday’s news, views and action from day three of the World Economic Forum in Davos, Switzerland.

“Now the issue of extending sanctions is on the agenda, I have put on the handbrake and asked European leaders to understand that this cannot continue,” said Prime Minister Viktor Orbán, speaking to state broadcaster Kossuth Radio. “Hungary cannot be made to pay the price of sanctions in such proportions.”