Donald Trump dominates discussions on first day at Davos Forum
At the World Economic Forum in Davos, Donald Trump dominated discussions on his first day as U.S. president. European leaders criticized his withdrawal from the Paris climate agreement and expressed concerns over his territorial ambitions, emphasizing the need for democratic values. Business leaders showed mixed reactions to Trump's policies. While some anticipated a revival of American economic spirit, others highlighted Europe's potential for growth, particularly in technology and startups. Notably, Trump did not address the ongoing conflict in Ukraine. In cryptocurrency news, Bitcoin's value surged, with industry leaders crediting Trump's regulatory stance for the optimism. Meanwhile, concerns about inflation persisted, as Trump threatened tariffs on Mexico and Canada, raising questions about their economic impact.