The military alliance has been increasing its forces along its eastern flank with Russia, Belarus and Ukraine, deploying thousands of troops and equipment

NATO Secretary-General Mark Rutte warned on Thursday that a Russian victory over Ukraine would undermine the dissuasive force of the world's biggest military alliance and that its credibility could cost trillions to restore.

"I really would like to be able to meet with President Putin soon to get that war ended," Trump told the World Economic Forum in Davos.

Donald Trump campaigned heavily on the promise that he would end the war, by claiming the Russian invasion of Ukraine would've never happened if he was still president, and that he could end the war in a day.

Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.

U.S. Marketscategory US labor market stays on solid footing early in the year 4:58 PM UTC category S&P 500 near all-time high with focus on earnings, Trump comments 5:27 PM UTC Worldcategory Trump tells Davos he will demand lower interest rates,