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Greenland, tariffs and Trump dominate Davos talks
The World Economic Forum’s annual gathering once again brings global business leaders, academics, philanthropists and journalists to the Swiss mountain resort of Davos for discussions, negotiations and policy debates.
Launched in 1971 by the Geneva-based organization to strengthen European management practices, the forum has grown into a major global event. Starting Tuesday, around 3,000 participants from 130 countries—including about 850 chief executives and board chairs of leading multinational companies—are expected to attend the meeting, which runs through Friday.
U.S. President Donald Trump is making his third appearance at Davos during his presidency at a time when his policies are unsettling allies and markets alike. Concerns range from his stated interest in taking control of Greenland, to tensions in Latin America linked to his push to secure Venezuela’s oil, as well as domestic unease over his confrontational approach toward Federal Reserve Chair Jerome Powell.
Trump shares altered images of Greenland and Canada
Early Tuesday, Trump posted a series of digitally altered images on social media that drew sharp attention. One image showed him placing a U.S. flag beside a sign declaring “Greenland, U.S. Territory, Est. 2026.” Another depicted Trump in the Oval Office with a map portraying both Greenland and Canada draped in the American flag.
Trump publishes private message from Macron
Trump also shared a private text message from French President Emmanuel Macron, prompting a response from the French presidency. An official close to Macron said the message demonstrates that the French leader’s private views are consistent with his public positions.
In the message, Macron proposed holding a meeting of leaders from the Group of Seven industrialized nations in Paris following the Davos forum, with the possible inclusion of Denmark, Ukraine and Russia. French officials confirmed the message shared by Trump was authentic.
Regarding Greenland, the French presidency stressed that respect for national sovereignty and territorial integrity is “non-negotiable.” On Macron’s proposal to host a G7-related meeting in Paris, the official said France hopes it would serve as a constructive platform for dialogue and cooperation, without elaborating on the suggestion to invite Russia.
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Trump criticises UK over Chagos Islands deal
US President Donald Trump has strongly criticised the United Kingdom’s plan to hand over sovereignty of the Chagos Islands to Mauritius, calling the move an act of great stupidity.
In a post on his social media platform Truth Social, Trump said the UK was wrong to give up control of Diego Garcia, home to a key US military base. He said the decision weakens security and sends the wrong message to rival powers such as China and Russia.
Under the deal, Britain plans to transfer sovereignty of the Chagos Islands to Mauritius while leasing back the Diego Garcia base for 99 years. British Prime Minister Sir Keir Starmer said the lease would cost the UK £101 million a year.
Trump said the agreement is one of the reasons he believes the United States should take control of Greenland for national security reasons. He accused the UK of giving away important land without any clear benefit.
The Trump administration had earlier supported the Chagos deal. In May last year, US Secretary of State Marco Rubio described it as a major achievement and welcomed the agreement.
European leaders have defended the UK’s decision, saying the deal helps secure the future of the military base and avoids long legal disputes over the islands’ ownership.
With inputs from BBC
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Trump vows to impose Greenland tariffs as EU warns against threats
US President Donald Trump has said he will “100 percent” go ahead with his threat to impose tariffs on European countries that oppose his demand for Washington to take control of Greenland, as the European Union vowed to defend its interests and sovereignty.
Speaking to NBC News, Trump confirmed he would press ahead with the tariff plan, including a 10 percent duty on all goods from Britain from February 1, rising to 25 percent from June 1, until a deal is reached for the United States to purchase Greenland from Denmark.
The US president said the same measures would apply to Denmark, Norway, Sweden, France, Germany, the Netherlands and Finland, all Nato allies.
“I will, 100 percent,” Trump said when asked if he would follow through on the tariff threat.
European leaders have rallied behind Greenland’s sovereignty, rejecting Trump’s claims. Danish Foreign Minister Lars Løkke Rasmussen said Europe must show Washington that tariffs and threats are “not the way forward.”
“You can’t threaten your way to ownership of Greenland. We have red lines that can’t be crossed,” Rasmussen said.
EU foreign policy chief Kaja Kallas said the bloc has “no interest to pick a fight, but we will hold our ground,” adding that “sovereignty is not for trade.”
The European Union is set to hold an emergency summit in Brussels on Thursday to discuss its response to Trump’s latest statements.
Trump also declined to rule out the use of force when asked whether he would seize Greenland, replying: “No comment.”
Denmark has warned that any US military action in Greenland would threaten the future of Nato, while several European allies have voiced firm support for Denmark and Greenland’s position.
With inputs from BBC
1 month ago
Guatemala declares emergency as police deaths rise to 9 in gang attacks
The death toll from coordinated attacks by suspected gang members on Guatemalan police rose to nine on Monday, prompting President Bernardo Arévalo to impose a 30-day state of emergency that curtails several civil rights and expands security powers.
National Civil Police Director David Custodio Boteo said a ninth officer died early Monday from injuries sustained in the attacks, while several others remain in critical condition. Some officers also suffered amputations.
The violence erupted over the weekend after inmates seized control of three prisons in apparently coordinated riots, taking 43 guards hostage. Authorities said the gangs were demanding privileges for their members and leaders. Shortly after police regained control of one prison on Sunday morning, suspected gang members launched a wave of attacks against police across the capital.
On Monday, police honored the fallen officers in a ceremony at the Interior Ministry, where flag-draped coffins were displayed. President Arévalo said the nation would not forget the sacrifice of the officers who died in the line of duty.
The government gazette published the emergency decree on Monday, citing “coordinated actions by self-named maras or gangs against state security forces, including armed attacks against civilian authorities.”
Under the emergency measures, authorities have limited freedom of movement and demonstrations. Police are also allowed to detain suspected gang members without a judicial order and may restrict or search vehicles in designated areas.
The unicameral Congress approved the state of emergency with minor changes on Monday night by a vote of 149 to 1, with 10 lawmakers absent or on approved leave. The decree, however, took effect on Sunday.
Traffic in Guatemala City was lighter than usual on Monday as residents stayed indoors amid heightened security. Schools were suspended nationwide as a precaution.
The US Embassy in Guatemala condemned the attacks on police and reaffirmed its support for Guatemala’s security forces. It had earlier instructed US government personnel to shelter in place on Sunday before later lifting the order and advising continued caution.
In October, Guatemala’s Congress amended the law to designate members of the Barrio 18 and Mara Salvatrucha gangs as terrorists, increasing prison sentences for gang-related crimes. The United States also designated the two groups as foreign terrorist organizations last year.
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EU to convene emergency summit Thursday over Trump’s Greenland threats
Leaders of EU countries will hold an emergency summit in Brussels on Thursday to discuss U.S. threats related to Greenland, European Commission spokesperson Olof Gill said on Monday.
The summit will assess possible retaliatory measures in response to threatened tariffs imposed by U.S. President Donald Trump on countries that oppose his plan to "acquire" Greenland.
Gill said the EU continues to engage "at all levels" with Washington over its new tariff threats and is taking "every possible step" to protect the bloc's economic interests. He added that the use of the anti-coercion instrument is not ruled out.
He stressed that the priority is engagement rather than escalation with the United States. However, "should the threatened tariffs be imposed, the European Union has tools at its disposal and is prepared to respond," he added.
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US invites more nations to join Trump’s Board of Peace for Gaza
At least eight more countries say the United States has invited them to join President Donald Trump’s newly formed Board of Peace, a group of world leaders tasked with overseeing the next phase in Gaza and signalling a wider global role.
Hungary and Vietnam have accepted the invitation, officials from the two countries said.
Under the board’s draft charter, a permanent seat requires a $1 billion contribution, while three-year appointments carry no such requirement, a US official said on condition of anonymity as the document has not been made public. The funds are expected to be used for rebuilding Gaza.
Hungarian Prime Minister Viktor Orban has agreed to join, Foreign Minister Peter Szijjarto told state radio. Vietnam’s Communist Party chief To Lam has also accepted, according to a foreign ministry statement.
India has received an invitation, a senior government official said, while Australia confirmed it has been invited and will consult with Washington to better understand the proposal.
Jordan, Greece, Cyprus and Pakistan said they were invited on Sunday. Canada, Turkey, Egypt, Paraguay, Argentina and Albania have already said they received invitations. The total number of invitees has not been disclosed.
The United States is expected to announce the official list of members in the coming days, likely during the World Economic Forum in Davos.
The board is set to oversee the next steps in Gaza as the ceasefire that began on Oct. 10 enters its second phase, including the formation of a new Palestinian committee, deployment of an international security force, disarmament of Hamas and reconstruction of the territory.
In letters sent to world leaders, Trump said the Board of Peace would pursue a new approach to resolving global conflicts. Some invitees posted the letters on social media.
The White House has also announced an executive committee to implement the board’s plans, though Israel has objected, saying it was not coordinated and runs counter to its policy.
Members of the executive committee include US Secretary of State Marco Rubio, Trump envoy Steve Witkoff, Jared Kushner, former British prime minister Tony Blair, World Bank president Ajay Banga and US deputy national security adviser Robert Gabriel, along with Israeli businessman Yakir Gabay. Representatives from Qatar, Egypt and Turkey, which are monitoring the ceasefire, are also included.
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Europe rejects Trump tariff threat over Greenland
Danish Prime Minister Mette Frederiksen has said Europe will not bow to pressure from US President Donald Trump, as European leaders rallied behind Greenland in response to Washington’s threat of tariffs over the autonomous Danish territory.
Trump has warned he will impose new tariffs on eight US allies – Denmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the UK – from February if they oppose his plan to take control of Greenland. He has described the island as vital for US security and has not ruled out using force, triggering strong criticism across Europe.
In a joint statement, the countries threatened with tariffs said Trump’s move could spark a “dangerous downward spiral” and undermine transatlantic relations.
“We stand in full solidarity with the Kingdom of Denmark and the people of Greenland,” the statement said, stressing that Arctic security is a shared Nato interest and that sovereignty and territorial integrity must be respected.
Writing on Facebook, Frederiksen said Europe wanted cooperation, not conflict, but would stand firm on its core values.
“Europe will not be blackmailed,” she wrote.
UK Prime Minister Sir Keir Starmer said he had spoken with Frederiksen, European Commission President Ursula von der Leyen and Nato Secretary-General Mark Rutte before holding talks with Trump. A Downing Street spokeswoman said Starmer made clear that Greenland’s security was a priority for all Nato members and that imposing tariffs on allies over collective security was wrong.
Trump has threatened a 10 percent tariff on goods from the eight countries from February 1, with the possibility of raising it to 25 percent until a deal is reached.
European leaders have warned the move would damage long-standing alliances, while public protests have already taken place in Denmark and Greenland against Trump’s takeover plan.
With inputs from BBC
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Trump expresses appreciation to Iran for halting executions of political detainees
US President Donald Trump on Friday publicly thanked Iranian authorities for stopping what he said were planned executions of hundreds of political detainees, a rare gesture that appeared to signal a softening of his earlier warnings toward Tehran.
Speaking to reporters as he departed the White House for his Mar-a-Lago resort in Florida, Trump said Iran had called off the execution of more than 800 people. “They canceled the hangings, and I have great respect for that,” he said.
Trump echoed the message on social media, claiming that over 800 executions had been scheduled but were no longer going ahead. “Thank you!” he wrote.
The remarks followed days of heightened rhetoric in which Trump suggested the United States could take military action if Iran carried out mass executions during widespread protests that have since subsided. His comments on Friday hinted that the likelihood of U.S. military intervention may now be diminishing.
While activist groups say the death toll from the protests continues to climb, Trump’s optimistic assessment appeared to contrast with reports of severe repression inside Iran. Still, his statements suggested he was stepping back from earlier suggestions that a U.S. strike was imminent.
Trump had earlier promised protesters that “help is on the way,” but when asked Friday whether that remained true, he replied, “We’re going to see.” He also denied that pressure from Arab or Israeli leaders influenced his shift in tone, saying the decision was his own.
Trump did not specify who in Iran confirmed that the executions were halted. Meanwhile, demonstrations that began on Dec. 28 over economic hardship and evolved into direct challenges to Iran’s ruling system appear to have ended. Tehran has seen no protests for days, daily life has largely resumed, and authorities have reported no unrest elsewhere, though an internet blackout has continued.
The U.S.-based Human Rights Activists News Agency said on Friday that at least 2,797 people have been killed during the unrest, with the figure still rising.
In contrast, Iran’s exiled Crown Prince Reza Pahlavi urged the United States to follow through on its pledge to support protesters, saying he still believed Trump would keep his word.
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7.8 million ounces of new gold resources discovered in Saudi Arabia
Saudi Arabian Mining Company (Maaden) has reported the discovery of 7.8 million ounces of additional gold resources across four locations in the Kingdom, strengthening its drive to grow domestic mineral reserves and build a global gold business.
The new resources were identified at Mansourah Massarah, Uruq 20/21, Umm As Salam and the newly defined Wadi Al Jaww site. The expansion follows an intensive drilling programme that initially outlined more than nine million ounces before standard annual reporting adjustments.
Mansourah Massarah delivered the biggest increase, adding three million ounces year-on-year. Uruq 20/21 and Umm As Salam together contributed 1.67 million ounces, while Wadi Al Jaww delivered a maiden resource of 3.08 million ounces.
CEO Bob Wilt said the findings validate Maaden’s long-term strategy. “The results leave no doubt that the company’s long-term strategy is working on the ground. This is exactly why we continue to invest heavily in Saudi Arabia’s gold endowment,” he said.
Read more: What Does Gold Carat Mean? Decoding Gold Purity Levels
He added that the latest discoveries highlight the scale of Maaden’s exploration pipeline. “The addition of more than seven million ounces through drilling across the four areas demonstrates the scale and ongoing potential of Maaden’s gold portfolio, and it continues to deliver as we advance exploration and mine development. Our assets are growing, and that growth directly supports future cash generation.”
Maaden’s 2026 exploration programme is focused on the Central Arabian Gold Region, where drilling has identified new mineralised zones and possible mine extensions. Work is also underway near the historic Mahd gold site to assess opportunities to extend mine life, reports Gulf News.
Wilt said the results also support Maaden’s diversification plans. “The results underline the strength of the company’s broader pipeline. These early copper and nickel results show the same signals we saw first in gold and that the Arabian Shield has real scale to continue developing,” he said. “What we’re seeing at Shayban and Jabal Al Wakil points to a much bigger opportunity across the Kingdom and reinforces our ambition to build a strong multi-commodity portfolio alongside our growing gold business.”
Read More: Gold price hits record Tk 234,680 per bhori in Bangladesh
Maaden’s flagship Mansourah Massarah project now hosts an estimated 116 million tonnes grading 2.8 grams of gold per tonne, equivalent to a total resource of 10.4 million ounces. The company said mineralisation remains open at depth, with further drilling planned through 2026.
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Trump hints at tariffs on countries opposing U.S. control of Greenland
U.S. President Donald Trump on Friday suggested that countries could face tariffs if they do not support U.S. control over Greenland, as a bipartisan Congressional delegation met in Copenhagen to ease tensions over the issue.
Trump has repeatedly asserted that the U.S. should have control over Greenland, a semiautonomous territory of NATO ally Denmark, calling any outcome short of U.S. ownership “unacceptable.” Speaking at a White House event on rural health care, Trump said he had previously threatened European allies with tariffs on pharmaceuticals and added, “I may do that for Greenland too… because we need Greenland for national security.”
This marks the first time Trump mentioned tariffs as a possible means to assert control over the Arctic territory. Earlier this week, Denmark’s and Greenland’s foreign ministers met in Washington with U.S. Vice President JD Vance and Secretary of State Marco Rubio, resulting in the formation of a working group, though disagreements between Denmark and the White House remain. Denmark has emphasized that decisions on Greenland are a matter for Denmark and Greenland and announced plans to strengthen its military presence on the island.
In Copenhagen, U.S. senators and representatives met with Danish and Greenlandic officials, including Danish Prime Minister Mette Frederiksen. Sen. Chris Coons, a Delaware Democrat, thanked Denmark for “225 years of being a good and trusted ally” and highlighted discussions on sustaining the relationship. Alaska Republican Sen. Lisa Murkowski said the visit underscored the importance of viewing Greenland as an ally rather than an asset, contrasting with the White House’s more confrontational tone.
Read More: Donald Trump claims India, Russia have fallen to China
Trump has justified his push for U.S. control by citing potential Chinese and Russian interest in Greenland, which contains vast reserves of strategic minerals, and the White House has not ruled out forceful acquisition. Aaja Chemnitz, a Greenlandic politician in the Danish parliament, said the U.S. has been the main source of threats, while Murkowski noted that public opinion strongly opposes U.S. annexation, with about 75% against it. She and Sen. Jeanne Shaheen have introduced bipartisan legislation barring the use of U.S. funds to seize Greenland or any NATO ally’s territory without consent.
The debate has sparked concern among Greenlanders. Greenlandic Prime Minister Jens-Frederik Nielsen affirmed the territory’s allegiance to Denmark, NATO, and the EU. Sara Olsvig, chair of the Inuit Circumpolar Council, criticized the U.S. stance, saying it shows a troubling view of Indigenous peoples and smaller nations, emphasizing that Greenlanders do not want to be colonized again.
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