Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the bottom, European Commission President Ursula von der Leyen said on Tuesday at the World Economic Forum in Davos.

European Commission President Ursula von der Leyen has talked big about the EU becoming a leader in AI innovation as part of a larger bid to help the region catch up with the U.S. and China. French President Emmanuel Macron is aiming for a similar pitch at a global AI summit he'll host next month.

Ursula von der Leyen reports a 75% drop in Russian gas imports, warns of rising energy costs for Europe amid the transition to independence.- Watch Video on English Oneindia

Reducing energy prices in the European Union is a top priority and measures to achieve this would be revealed next month, European Commission President Ursula von der Leyen said on Wednesday. "Energy prices in Europe are still structurally higher than in the United States and in China,

Coming years will be vital well beyond Europe, all continents will have to speed up transition towards net zero, deal with growing burden of climate change,' says von der Leyen - Anadolu Ajansı

While a small minority of European leaders have welcomed the Republican's return to the White House, other EU leaders fear protectionist measures coming from Washington. The US president already threatened higher tariffs on Tuesday.

The EPP’s messaging is clear that the CDU will return in the driver’s seat, if Merz becomes Germany's chancellor.

The rules of engagement between global powers are changing," said EU Chief von der Leyen, acknowledging a shifting international order.

On Jan 3, a spokesman had said the German politician, 66, was carrying out her duties from her home city of Hanover. Read more at straitstimes.com.

Video. Speaking at the Davos Summit, Ursula von der Leyen emphasided the EU's dedication to the Paris climate agreement and urged international cooperation, despite Trump’s decision to withdraw.

The European Commission chief did not explicitly mention the new US president or his trade policies, but underscored the number of American jobs tied to European trade.

European Commission President Ursula von der Leyen announced that her first official visit with the new Commission would be to India, signaling an intent to strengthen the strategic partnership with the world's largest democracy.