After the World Economic Forum winds down on Thursday, NATO military leaders will also hold a scheduled gathering. European Union leaders also called an impromptu summit on Greenland and fraught relations with the U.

As the EU calls Trump's threat to tariff allies for rejecting his bid for Greenland a mistake, Denmark's leader laments "being threatened by our closest ally."

"As such, the more likely outcome, in our view, is that both sides recognize that a major escalation would be a lose-lose proposition, and that compromise eventually prevails."

The second day of Davos features discussions on AI, EVs, and more. Speakers include Microsoft's Satya Nadella and Salesforce's Marc Benioff.

Envoys for U.S. President Donald Trump and Russian President Vladimir Putin said on Tuesday that their meeting in Davos on a possible future peace deal to end the Ukraine war had been "very positive" and "constructive".