DAVOS, Switzerland—President Donald Trump stood before the world’s wealthiest and most influential leaders at the World Economic Forum in Davos, Switzerland, delivering a speech he said brought “truly phenomenal news from America.”
He touted his agenda and U.S. economic success over the past year, while also devoting significant time to making the case for the U.S. acquisition of Greenland.
Trump Rules Out Acquiring Greenland by Force
After long declining to rule out military action as a means of acquiring Greenland from Denmark, a NATO ally, Trump told the audience in Davos that force was off the table.
NATO Secretary General Mark Rutte said on Jan. 21 at the World Economic Forum in Davos, Switzerland, that U.S. President Donald Trump was right about security in the Arctic.
“When it comes to the Arctic, I think President Trump is right. Other leaders in NATO are right. We need to defend the Arctic,” the former Dutch prime minister said. “We know that the sea lanes are opening up.”
Rutte said that China and Russia were becoming increasingly active in the Arctic Circle, and acknowledged that this posed a problem for the alliance.
Prediction markets suggest former Fed Governor Kevin Warsh is the favorite to replace Powell when his term expires in May, followed by BlackRock executive Rick Rieder.
During his speech before the World Economic Forum in Davos, Switzerland, President Donald Trump ruled out the use of military force in his bid for the United States to acquire Greenland.
“We probably won’t get anything unless I decide to use excessive strength and force, where we would be, frankly, unstoppable. But I won’t do that, OK,” Trump told the gathered world leaders.
In recent weeks, Trump has intensified his calls for the United States to assume control over the island of Greenland, which is currently a semi-autonomous territory of Denmark.