Davos 2024: Dimon discusses Zelenskyy meeting; Argentina’s leader urges elite to reject socialism

This was CNBC's live blog tracking developments at the World Economic Forum .

Political and business leaders continue talks at the 54th Annual Meeting of the World Economic Forum in Davos, Switzerland, on Wednesday.

U.N. Secretary General Antonio Guterres, U.S. Secretary of State Anthony Blinken, Spanish Prime Minister Pedro Sanchez and French President Emmanuel Macron are among the speakers addressing delegates at the Swiss town's Congress Center.

Speaking to CNBC's Steve Sedgwick, Katalin Novak, the president of Hungary, discusses the Russia-Ukraine war and the European Union's support for Kyiv.

Roy Jakobs, the CEO of Philips, discusses the company's operations in Ukraine, and explains the applications of AI in the health care sector.

Labour Shadow Chancellor Rachel Reeves says the U.K.'s main opposition party will focus on boosting economic growth to increase living standards if it wins the next general election.

"The route to prosperity and better public services comes through economic growth and that is why [Labour leader] Keir Starmer and myself are absolutely focused on that," Reeves told CNBC.

The U.K. is set to hold a general election later this year and is one of many countries heading to the polls in 2024.

— Elliot Smith, Vicky McKeever

Argentina's President Javier Milei, a self-described "anarcho capitalist," called on business and political leaders at Davos to reject socialism.

"Today, I'm here to tell you that the Western world is in danger," Milei said Wednesday at the World Economic Forum, according to a translation.

"And it is in danger because those who are supposed to have to defend the values of the West are co-opted by a vision of the world that inexorably leads to socialism, and thereby to poverty," he