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It's freezing here in Dallas.

The snow is crunching under my feet as I make my way slowly, because I don't want to

slip and fall again to meet our first guest at the World Economic Forum, where thousands

of leaders have gathered this week, as they have for more than half a century.

But this year, Davos feels different.

All eyes are on Washington, where Donald Trump has just moved back into the White House,

promising a new golden age for America.

We will stand bravely.

We will live proudly.

We will dream boldly.

And nothing will stand in our way because we are

Americans, the future is ours, and our golden age has just begun. God bless America. Thank you

all. Thank you. Here in Davos, almost slipped and across Europe, the mood is far from golden.

With Trump's transactional diplomacy, the war in Ukraine dragging on and looming tariffs,

Europe isn't just grappling with challenges. It's questioning whether it still matters.

Presidents, Prime Ministers, excellencies, ladies and gentlemen, the first quarter,

European Commission President Ursula Fonderlion, freshly recovered from pneumonia, struck a

determined tone during her Davos speech, but her words hinted at uncertainty.

...