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Donald Trump and Benjamin Netanyahu. Photo: AFP / Getty Images

President Trump said Thursday "we’ll see what happens with the peace process" in the Middle East, "but respect has to be shown to the U.S. or we're just not going anywhere."

Why it matters: Trump spoke seated next to Israeli Prime Minister Benjamin Netanyahu on the sidelines of the World Economic Forum in Davos, Switzerland.

What Trump is talking about: He said Palestinians "disrespected" the U.S. when they said they would not meet with Vice President Mike Pence on his Middle East trip in the last week. This comes after the U.S. announced it would recognize Jerusalem as the capital of Israel, which Palestinian Authority President Mahmoud Abbas said showed Trump was withdrawing the U.S. from the peace process.

Trump's conditions: He implied Thursday Palestinians they would need to come to the negotiating table if they wanted U.S. aid for the UN Relief and Works Agency reinstated. State Department Spokesperson Heather Nauert has said the reductions in aid were not meant as a punitive measure for the Palestinians.

Go deeper: World leaders who have warned against naming Jerusalem Israel's capital

Go deeper

Updated 3 hours ago - World

Mexican President López Obrador tests positive for coronavirus

Mexico's President Andrés Manuel López Obrador during a press conference at National Palace in Mexico City, Mexico, on Wednesday. Photo: Ismael Rosas/Eyepix Group/Barcroft Media via Getty Images

Mexican President Andrés Manuel López Obrador announced Sunday evening that he's tested positive for COVID-19.

Driving the news: López Obrador tweeted that he has mild symptoms and is receiving medical treatment. "As always, I am optimistic," he added. "We will all move forward."

3 hours ago - Politics & Policy

Sarah Huckabee Sanders to run for governor of Arkansas

Sarah Huckabee Sanders at FOX News' studios in New York City in 2019. Photo: Steven Ferdman/Getty Images

Former White House press secretary Sarah Huckabee Sanders will announce Monday that she's running for governor of Arkansas.

The big picture: Sanders was touted as a contender after it was announced she was leaving the Trump administration in June 2019. Then-President Trump tweeted he hoped she would run for governor, adding "she would be fantastic." Sanders is "seen as leader in the polls" in the Republican state, notes the Washington Post's Josh Dawsey, who first reported the news.

Coronavirus has inflamed global inequality

Illustration: Aïda Amer/Axios

History will likely remember the pandemic as the "first time since records began that inequality rose in virtually every country on earth at the same time." That's the verdict from Oxfam's inequality report covering the year 2020 — a terrible year that hit the poorest, hardest across the planet.

Why it matters: The world's poorest were already in a race against time, facing down an existential risk in the form of global climate change. The coronavirus pandemic could set global poverty reduction back as much as a full decade, according to the World Bank.