The World Economic Forum is underway in Davos, drawing a record number of global leaders and business chiefs at a time of mounting strain in the global economy.

The summit has already been shaped by sharp exchanges over trade, geopolitics and global leadership, from renewed tensions between the United States and its allies, to Europe’s pushback against economic coercion, and China’s effort to position itself as a predictable trading partner amid rising protectionism.

US President Donald Trump’s appearance has dominated proceedings in Davos, with pointed remarks toward allies and shifting positions on trade and geopolitics drawing close scrutiny from markets and policymakers alike.

Singapore is watching closely, following its invitation to join Trump’s proposed Board of Peace as trade and security issues become increasingly intertwined.

Pushan Dutt, Professor of Economics and Political Science at INSEAD, joins the Breakfast Show to unpack what has stood out so far at Davos, how markets and governments are responding, and what the rest of the summit could signal for the global economy and for Singapore’s positioning in the months ahead.