World Leaders Clash Over Greenland and Trade at Davos
At the World Economic Forum in Davos, world leaders have been trading sharp words over Greenland and trade policies.
Trump Faces Criticism from EU Leaders
US President Donald Trump has been criticized by French President Emmanuel Macron and other EU leaders for his foreign policies, particularly his interest in Greenland.
- Macron warned against strongman politics and criticized Trump’s trade threats.
- Canadian Prime Minister Justin Trudeau hinted at the fading of the international rules-based order.
UN Official Reassures on Humanitarian Efforts
The UN’s top humanitarian official, Tom Fletcher, reassured that the United Nations is not going anywhere despite Trump’s new Board of Peace initiative.
- He urged the Board to focus on Gaza and the Israeli-Palestinian peace process.
- The Mauritian government responded to Trump’s criticism of the UK’s decision to return the Chagos Islands, calling the history of the islands one of “profound injustice.”
Geopolitical Tensions Impact Markets
Trump’s threats to impose tariffs on Greenland have created uncertainty for companies on both sides of the Atlantic, according to European Central Bank President Christine Lagarde.
- She argued that Europe needs to become more independent as a result of the tumult unleashed by Trump’s second term.
- The stock markets reacted negatively to the geopolitical tensions, with the Dow, S&P 500, and Nasdaq all falling sharply.
Greenland’s Sovereignty at the Forefront
Greenland’s Prime Minister Jens-Frederik Nielsen stated that Trump’s calls for US control of Greenland have created a situation that is “about the world order.”
- He emphasized Greenland’s gratitude for its allies and the European Union’s support for respecting the world order.
- Ukrainian President Volodymyr Zelensky also expressed his respect for Greenland’s sovereignty and urged the US to listen to Europe.
Denmark and EU Strengthen Support for Greenland
- Denmark is sending more equipment and advisers to Greenland to strengthen its emergency preparedness.
- Greenlandic lawmaker Kuno Fencker asserted that the people of Greenland are prepared to defend their nation against potential attacks.
- European Commission President Ursula von der Leyen expressed strong support for Greenland and Denmark, stating that the sovereignty and integrity of their territory are “non-negotiable.”