World leaders and global chief executives have been descending on the Swiss ski resort of Davos for the first full day of the World Economic Forum with participants processing US President Donald Trump's inauguration address and his initial executive orders.
European Commission president Ursula von der Leyen, who will address the forum this morning, said the EU looked forward to working closely with President Trump to tackle global challenges.
The organisers of the World Economic Forum have described this year's gathering as a highly consequential moment in global history, with the world on the cusp of breathtaking technological advances while the level of cooperation between countries and geopolitical blocs has fallen to its lowest since the end of the Cold War.
As well as President von der Leyen, speakers today include Ukrainian president Volodymyr Zelenskyy, Chinese vice premier Ding Xuexiang, German Chancellor Olaf Scholz, and Cyril Ramaphosa, the South African president.
There will be appearances by the Israeli president, the Qatari prime minister and the German opposition leader Friedrich Merz, who is expected to be the next Chancellor.
Each will have their own hopes and fears on Trump's vision, but for European leaders and officials there is relief that Trump avoided spelling out a programme of tariffs on EU goods.
