Does the World Economic Forum still matter in a fractured global economy?

The World Economic Forum (WEF) in Davos, an annual gathering of global political and corporate leaders, is facing questions about its relevance in a fractured global economy. Occurring in January 2026, the summit takes place amidst heightened geopolitical tensions and a US president who is skeptical of multilateral cooperation and open trade. Critics argue that the WEF is long on talk but short on action, while supporters maintain that it provides a crucial platform for dialogue that can help manage global challenges. The forum's role is being debated as the world grapples with issues such as rebuilding Gaza and Iran's economic crisis. The WEF's ability to foster cooperation is being tested by increasing global divisions.

In January 2026, Donald Trump dominated the World Economic Forum (WEF) in Davos, Switzerland. His "America First" agenda and controversial proposal to acquire Greenland drew significant attention, with record crowds attending his speech. While the WEF's relevance is often questioned, Trump's presence generated renewed interest in the annual gathering of global elites. Attendees, including political leaders and CEOs, were eager to hear Trump's address, which included both praise and criticism. The event highlighted the ongoing debate surrounding globalization and America's role in the world.

At the World Economic Forum in Davos, Switzerland on Wednesday January 22, 2026, US President Donald Trump reiterated his interest in acquiring Greenland, citing its strategic location. In recounting the history of US-Greenland relations, Trump stated the US "gave Greenland back to Denmark" after World War II. However, while the US defended Greenland after Germany invaded Denmark and maintained a military presence, it never possessed the territory. Greenland's status as part of Denmark has been established for over a century, with Denmark colonizing Greenland in the 1720s and solidifying its sovereignty through international rulings and UN recognition.

The United States' interest in Greenland dates back to World War II when it feared Nazi control of the Danish colony. During the Cold War, the U.S. transformed Greenland into a major military asset with air bases and radar sites under an agreement with Denmark. This agreement granted the U.S. significant military freedom on the island. More recently, President Trump has expressed interest in acquiring Greenland, continuing a decades-long history of tension and cooperation between the U.S. and Denmark regarding the island's strategic importance. The U.S. has long viewed Greenland as essential for military and strategic purposes due to its location.

At the World Economic Forum in Davos on Thursday, President Donald Trump announced the formation of the Board of Peace, describing it as a new international oversight body. The charter-signing ceremony occurred before Trump's departure, although several key US allies were not in attendance. Ukrainian President Volodymyr Zelensky also met with Trump during the forum. Elon Musk made his first appearance at Davos, participating in discussions about space exploration and artificial intelligence. The BBC's Faisal Islam reported on these key events and other highlights from the day.

Since the start of Donald Trump's second term, his confrontational approach has strained relations with Europe. The US President's pursuit of Greenland, a territory of Denmark, highlights this tension, with Trump exploring acquisition through economic pressure. This situation is considered an existential crisis for the EU and NATO. Europe is struggling to respond effectively to Trump's use of tariffs for various purposes, including geopolitical aims. The EU has attempted diplomacy, even accepting tariffs on exports to the US in a trade agreement that has not been ratified. The US National Security Strategy views Europe as vulnerable due to its own democratic shortcomings, further complicating the transatlantic relationship.

In January 2026, President Trump announced a "framework of a future deal" with NATO Secretary-General Mark Rutte regarding Greenland and the Arctic region, following a meeting in Davos, Switzerland. Trump reiterated his desire to acquire Greenland, but ruled out using force. The agreement reportedly involves increased Arctic security from NATO countries and the withdrawal of threatened US tariffs on European nations opposed to the sale. The proposed deal also includes discussions about the "Golden Dome" missile defense program and its relevance to Greenland. Further negotiations, led by Vice President Vance, Secretary of State Rubio, and Special Envoy Witkoff, are planned, with more details to be released as progress is made. Both Denmark and Greenland maintain that the island is not for sale.

In January 2026, President Trump threatened a trade war with Europe, demanding they cede Greenland to the United States. This led to plunging stock markets and frantic activity from European leaders. Trump then reversed course, claiming a future deal for Greenland and the Arctic was reached, suspending planned tariffs. Despite averting the trade war, this action destabilized global trade and increased doubts about cooperating with the U.S. Critics suggest Trump's actions undermine the global trading system and push countries toward China. Despite opportunities to reshape global trade, Trump continues to threaten trade partners with ultimatums, creating uncertainty.

European stock markets rose on Thursday after Donald Trump cancelled planned tariffs on eight European countries. The increase reversed losses from earlier in the week, driven by Trump's initial tariff threat related to Greenland. Analysts attributed the market rebound to a familiar pattern of Trump backing down from aggressive trade measures, dubbed the "Taco trade." The FTSE 100, Germany's Dax, and France's Cac all experienced gains, and Wall Street was forecast to open higher. Investors also reacted positively to developments in the Supreme Court case regarding Trump's attempt to remove Lisa Cook from the Federal Reserve board. While markets rallied, the S&P 500 and the US dollar remained weaker than their levels from the previous Friday.

During a speech at the World Economic Forum in Davos, Switzerland, President Trump repeatedly referred to "Iceland" when he seemingly meant "Greenland." The White House denied any confusion on Trump's part. Trump has previously expressed interest in the United States acquiring Greenland, a territory of Denmark, citing security concerns. He announced a framework for a future deal on Greenland and the cancellation of planned tariffs on European countries. His comments about "Iceland" caused confusion, as he appeared to be discussing Greenland's strategic importance and its impact on the US stock market. The apparent gaffe occurred on Wednesday and has drawn attention due to Trump's previous interest in acquiring Greenland.

President Trump is attending the World Economic Forum in Davos, Switzerland amid heightened tensions with European allies. The gathering is expected to be an effort to de-escalate these tensions, particularly stemming from Trump's interest in acquiring Greenland. Trump's demands and threats of tariffs have strained relationships with European leaders, who are now reassessing their alliances with the U.S. His recent actions, including mocking European leaders and sharing private communications, have further exacerbated the situation. The trip occurs at a time when the U.S. national security strategy warns of "civilizational erasure" in Europe, adding another layer of complexity to the already fraught dynamics.

At the World Economic Forum in Davos on Wednesday, US President Donald Trump stated the US would not use military force to acquire Greenland. This announcement comes after his administration expressed interest in taking the self-governing territory for security purposes. Trump acknowledged the US could likely take Greenland by force, but stated he would not pursue that option. The remarks were made during a speech where he also discussed economic achievements and challenges in international relations. The speech and surrounding events were covered live by SCMP.

President Trump is traveling to the World Economic Forum in Davos, Switzerland. His arrival follows threats of tariffs on Denmark and other allies if they don't negotiate the transfer of Greenland. These tariffs, potentially reaching 25%, could hinder his efforts to address the high cost of living. Trump's pursuit of Greenland may overshadow his original plan to focus on affordability issues at the forum. A text message also circulated where Trump linked his Greenland stance to not receiving the Nobel Peace Prize last year. His initial flight to Davos was delayed due to a minor electrical issue, requiring him to board a second plane.

At the World Economic Forum in Davos, Switzerland, US President Donald Trump delivered a speech covering various topics, including European environmental policies and Greenland. Trump stated he would not use force to acquire Greenland, but then argued for the US's potential ownership of the island. The speech took place during the annual meeting of global leaders in January 2020. The BBC's Economics Editor, Faisal Islam, provided insights into how the speech was received by those present in the room. The purpose of Trump's appearance was to address the global economic community and present his views on key issues.

Donald Trump's address at the World Economic Forum in Davos, Switzerland, drew massive crowds, with hundreds of elites lining up for hours to secure a seat. The high demand resulted in overflow rooms for those unable to get into the main hall. Attendees included top executives, academics, politicians, and even the president of Latvia. The event took place amidst rising tensions between the US and Europe, partly due to Trump's interest in acquiring Greenland. Some attendees expressed concerns that Trump's speech would be provocative and overshadow the forum's agenda.

Russia is observing tensions between the United States and Europe regarding Greenland with a mix of satisfaction, gloating, and caution. These tensions arose in January 2026, stemming from disagreements over US policy towards the territory. Protests against the US policy occurred in Nuuk, Greenland. The situation is viewed by Russia with some pleasure as it highlights potential divisions within NATO and the Western alliance. However, Russia also maintains a degree of wariness, likely due to the strategic implications of Greenland's location and the potential for increased military activity in the Arctic region.

Nato Secretary General Mark Rutte stated at the World Economic Forum in Davos that Nato members must unite to protect the Arctic from growing Chinese and Russian influence. He emphasized the importance of a safe Arctic, Atlantic, and Europe for both European and US security. While avoiding direct comment on the US's controversial interest in acquiring Greenland, Rutte agreed with President Trump's assessment that Nato needs to increase its Arctic defense. He noted that seven of the eight countries bordering the Arctic are Nato members, with Russia being the only non-Nato Arctic nation, and China increasingly active in the region. Rutte affirmed that Nato is actively working to collectively defend the Arctic against Russian and Chinese influence.

In Davos, Switzerland, on January 20, 2026, European Commission President Ursula von der Leyen criticized former U.S. President Donald Trump's recent announcement of new tariffs on European allies related to Greenland. Speaking at the World Economic Forum, von der Leyen questioned Trump's reliability, emphasizing the need to uphold a trade agreement established in July. She stated that the imposition of these tariffs was an error. The EU views the tariffs as a violation of the existing trade deal. The dispute centers around trade relations between the U.S. and Europe following Trump's decision.

Despite tensions surrounding Greenland, US Treasury Secretary Scott Bessent stated at the World Economic Forum in Davos, Switzerland on January 20, 2026, that US-Europe relations are strong. This comes amid protests in Greenland against US President Trump's policies and a potential tariff threat, leading a top EU official to question Trump's trustworthiness. The Greenland issue involves meetings between EU foreign policy chief Kaja Kallas, Greenland's Foreign Minister Vivian Motzfeldt, and Denmark's Defense Minister Troels Lund Poulsen in Brussels on January 19, 2026. Protests also occurred in Zurich, Switzerland against the World Economic Forum and Trump's visit. The situation highlights a complex dynamic between the US, Europe, and Greenland.

European Commission President Ursula von der Leyen criticized Donald Trump's proposed tariffs on eight European countries opposing a US takeover of Greenland at the World Economic Forum in Davos. Trump threatened tariffs starting February 1st, escalating from 10% to 25%, against Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland. Von der Leyen questioned Trump's trustworthiness, citing a prior trade agreement, and warned of a united, proportional EU response. Trump asserted Greenland's importance for national security and indicated no change in his pursuit of acquiring the territory, even posting images depicting Greenland as a US territory. The dispute has strained EU-US trade relations and raised concerns about the NATO alliance.

At the World Economic Forum in Davos, French President Emmanuel Macron urged the EU to actively counter threats from the US and China. He specifically cited President Trump's threat of tariffs against European countries who sent troops to Greenland, a territory Trump wants to acquire. Macron advocated for the EU to utilize its anti-coercion instrument (ACI), a powerful trade weapon allowing retaliatory measures like tariffs and market bans. He emphasized that Europe risks becoming subservient if it doesn't respond decisively to these pressures. The ACI requires activation by the European Commission and approval from a qualified majority of member states.

The article describes the current state of US foreign policy under the second Trump administration. It argues that US foreign policy is being driven by President Trump's personal whims and erratic behavior. Recent examples include Trump's communication with the Norwegian prime minister regarding the Nobel Peace Prize, his interest in acquiring Greenland, and his invitation to Vladimir Putin to join a "board of peace" for Gaza. These actions have strained relationships with allies like France and Denmark, and threaten to undermine international organizations like the UN. The article suggests that world leaders are struggling to adapt to Trump's unpredictable decision-making.

The World Economic Forum (WEF) is underway in Davos, Switzerland, with nearly 3,000 leaders convening to discuss global issues. The event is overshadowed by international tensions, including the potential for trade disputes between the US and Europe, driven by US interest in Greenland. Other concerns include Iran, Ukraine, AI, and the next head of the US Federal Reserve. Several prominent figures are scheduled to speak, including Ursula von der Leyen, Emmanuel Macron, He Lifeng, and Mark Carney. The US has sent its largest delegation ever, with Treasury Secretary Scott Bessent stating that European retaliation would be "very unwise." In addition to formal discussions, business deals are expected to be negotiated throughout the week.

The World Economic Forum (WEF) annual meeting is taking place in Davos, Switzerland from January 19-23, 2026. The forum brings together nearly 3,000 global leaders from business, politics, academia, and civil society to discuss pressing global issues. The WEF, a think tank based in Geneva, has held its annual summit in Davos since 1971. This year's meeting aims to shape global agendas amidst a time of significant global upheaval. Topics of discussion range from economic disparity and climate change to technology and global cooperation. US President Donald Trump is among the expected attendees.

Donald Trump has linked his threats to seize Greenland to not receiving the Nobel Peace Prize in a letter to Norway's Prime Minister. He threatened a 10% tariff on imports from several European countries starting February 1st until the US is allowed to buy Greenland. The EU is considering retaliatory tariffs and sanctions in response to what one minister called "blackmail." The mayor of Minneapolis criticized the potential military deployment to the city as exacerbating tensions amid largely peaceful protests against the presence of 3,000 immigration and border patrol officers. Trump stated he no longer feels obligated to think purely of peace.

In January 2026, Norwegian Prime Minister Jonas Gahr Store criticized former US President Donald Trump after Trump texted about the Nobel Peace Prize and Greenland. Trump's message stated that because Norway "decided not to" award him the prize, he felt less obligated to focus on peace and reiterated his desire for US control of Greenland. Store responded by clarifying that the Nobel Peace Prize is awarded by an independent committee, separate from the Norwegian government. The exchange highlights a continued interest by Trump in acquiring Greenland and his perception of the Nobel Peace Prize's influence on his foreign policy decisions.

Donald Trump expressed his frustration to Norway's Prime Minister Jonas Gahr Støre about not receiving the Nobel Peace Prize, linking it to his desire for the U.S. to control Greenland. In a text message confirmed by U.S. media, Trump stated he no longer feels obligated to prioritize peace and believes the U.S. needs complete control of Greenland for security reasons. Støre said he and Finland's president had texted Trump to oppose proposed tariff increases related to the Greenland dispute. Trump questioned Denmark's right to ownership of Greenland and suggested they cannot protect it from Russia or China. He also implied NATO should support the U.S., while threatening tariffs on NATO allies who oppose his takeover proposal.

At the World Economic Forum in Davos, Switzerland, China is expected to promote itself as a reliable trade partner and supporter of multilateralism, contrasting its position with the United States under President Trump. The forum, beginning Monday, takes place amid global tensions stemming from controversial actions by the Trump administration. Vice-Premier He Lifeng, China's lead delegate on economic affairs, will deliver a keynote address. The forum will also include a delegation from Hong Kong, with representatives from the Hong Kong Exchanges and Clearing and the Hong Kong University of Science and Technology participating. The annual meeting brings together global leaders from politics, business, and academia to discuss the state of the world.

The 2026 World Economic Forum in Davos, Switzerland, faces a challenge as traditional ideals of global integration and cooperation clash with current geopolitical realities. Approximately 3,000 participants from 130 countries are attending the annual gathering of global leaders and executives. This year's forum is particularly marked by the influence of President Trump, whose policies and rhetoric stand in contrast to the forum's historical support for globalization and multilateralism. The event highlights a shift where deference to Trump's policies has overshadowed the forum's traditional focus. The forum's slogan, "Committed to Improving the State of the World," is being viewed with skepticism due to the contradictions between the attendees and the current global landscape.

In January 2026, former U.S. President Donald Trump sent a message to Norway's Prime Minister Jonas Gahr Store expressing resentment over not receiving the Nobel Peace Prize. Trump stated that because Norway "decided not to give" him the prize for supposedly stopping eight wars, he no longer feels obligated to "think purely of peace." The message's authenticity was confirmed by sources and Store himself. Store clarified that the Nobel Peace Prize is awarded by an independent committee, not the Norwegian government. Trump has a history of expressing bitterness about not receiving the award, which resurfaced after a Venezuelan opposition leader presented him with her Nobel Peace Prize medal. The reasons for Trump directing the message to the Norwegian government remain unclear.

Donald Trump, while president, imposed tariffs on imported goods, arguing it would boost American manufacturing and reduce the US trade deficit. These tariffs, taxes paid by companies importing goods, could increase costs for consumers. Trump also threatened tariffs against allies like the UK and several European countries for opposing a US takeover of Greenland, and against China, Mexico, and Canada to pressure them on migration and drug control. The legality of Trump's tariffs, enacted under the International Emergency Economic Powers Act, was challenged in court, with a US appeals court ruling them mostly illegal in August 2025. The Supreme Court is expected to rule on the case in the coming weeks.

Gold and silver prices surged to record highs on Monday, while European stock markets declined following former U.S. President Trump's threat to impose tariffs on eight European countries. The proposed tariffs, aimed at pressuring those countries to sell Greenland to the U.S., triggered investor concern and a shift towards safe-haven assets. Gold rose 1.6% to $4,666 an ounce, and silver climbed to $94.08 an ounce before easing slightly. European markets like France's Cac 40 and Germany's Dax experienced drops of over 1%. The tariff threat also weakened the U.S. dollar against the Swiss franc and Japanese yen. EU ambassadors are reportedly preparing retaliatory measures in response to Trump's potential actions.

EU diplomats are holding emergency talks after former U.S. President Trump threatened tariffs on eight European nations (Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland) due to their opposition to his renewed attempt to purchase Greenland. Trump stated the tariffs, starting at 10% in February and increasing to 25% in June, would remain until a deal for Greenland's purchase is reached. European leaders, including Macron, Meloni, and van Weel, have condemned the tariffs as "blackmail" and a mistake, with Macron urging the EU to consider using its anti-coercion instrument. The EU-US trade deal, expected to be ratified in February, is now in doubt, with key figures in the European Parliament withdrawing their support. EU leaders von der Leyen and Costa warned the tariffs would damage transatlantic relations.

In January 2026, US President Donald Trump announced new tariffs on several European countries, including Denmark, Norway, Sweden, France, Germany, and the United Kingdom, set to begin in February and increase in June. These tariffs are intended to pressure Denmark into selling Greenland to the United States. Trump claims the acquisition is vital for US national security and to prevent China and Russia from gaining influence in the region. The European Union is holding emergency meetings to discuss a response to Trump's tariff threats. This is not the first time a US president has attempted to purchase Greenland, but leaders in Denmark and Greenland have consistently refused to sell.

President Trump is threatening economic sanctions against EU countries, including Denmark, that support Greenland's territorial integrity, prompting an emergency EU summit. The EU is considering countermeasures, potentially triggering a trade war with the US. French President Macron advocates using the EU's Anti-Coercion Instrument (ACI) to retaliate with tariffs and market restrictions. However, some leaders, like Italy's Meloni, prefer a diplomatic approach, citing a "problem of understanding" regarding European troop deployments to Greenland. The EU is wary of swift, unanimous action, and it remains unclear whether Trump will escalate or de-escalate the situation. The EU ambassadors held a discreet meeting in Brussels on Sunday to discuss the matter.

The EU is considering retaliatory tariffs of $108 billion or market restrictions on US companies in response to former President Trump's threats against NATO allies concerning Greenland. These measures are being prepared to give European leaders leverage during meetings with Trump at the World Economic Forum in Davos. Trump vowed to increase tariffs on eight European countries who have sent military staff to Greenland, until the US is allowed to buy the territory. These countries, already subject to existing US tariffs, issued a joint statement stating that their exercise in Greenland was to strengthen Arctic security and posed no threat. They also expressed readiness for dialogue based on sovereignty and territorial integrity.

Global stock markets are expected to decline when trading resumes due to President Trump's threat of new tariffs on eight European countries: Denmark, Norway, Sweden, France, Germany, the UK, the Netherlands, and Finland. The tariffs, purportedly linked to Trump's desire to acquire Greenland, are set to begin at 10% on February 1st and increase to 25% on June 1st. Analysts predict losses on the London Stock Exchange and Wall Street, with investors seeking safe-haven assets like gold and silver, which are already seeing price increases. European leaders have criticized the move, fearing it will undermine NATO and disrupt trade agreements. Business groups are urging the EU to respond.

The article discusses the potential failure of the EU's strategy of appeasement towards the US, exemplified by Donald Trump's recent threat of tariffs against countries supporting Greenland. This threat, impacting six EU member states, the UK, and Norway, follows a trade deal signed last July that critics viewed as heavily favoring the US. The EU hoped the deal would stabilize relations and maintain US support for Ukraine. However, Trump's tariff threat has united the European Parliament in opposition to the agreement, with figures across the political spectrum condemning it as blackmail. The future of the trade deal and the EU's approach to the US are now in question.

President Trump announced a 10% import tariff on goods from eight NATO allies – Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland – starting in February. The tariff could increase to 25% in June if an agreement isn't reached for the United States to purchase Greenland from Denmark. Trump stated the tariffs are in response to opposition to the Greenland purchase and recent visits to Greenland by representatives from some of the listed countries. The move is a significant escalation in tensions between the US and its NATO allies. The legality of imposing these tariffs under US law is unclear.

Donald Trump announced the U.S. would impose a 10% tariff on goods from several European countries, including Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland, effective immediately. The tariff, slated to increase to 25% in 2026, is intended to pressure Denmark into selling Greenland to the United States. Trump claims the purchase is vital for U.S. national security and global peace, citing interest from China and Russia in the territory. He stated that the U.S. has unsuccessfully attempted to purchase Greenland for over 150 years. Greenland, a semi-autonomous territory of Denmark, holds strategic importance due to its location, U.S. military base, and access to resources.

In January 2026, President Trump announced the US would impose tariffs on eight European countries – Denmark, Finland, France, Germany, Norway, Sweden, the Netherlands, and the United Kingdom – for opposing US control of Greenland. The initial 10 percent tariffs are scheduled to begin February 1, increasing to 25 percent on June 1, and will remain until an agreement is reached for the US to buy Greenland. Trump stated the tariffs are in response to the countries sending representatives to Greenland "for purposes unknown" and obstructing the US acquisition of the territory. The US has been attempting to purchase Greenland for over 150 years, and Trump claims acquiring it is essential for the planned US missile defense shield. The announcement follows protests in Denmark and Greenland against Trump's threats to take control of the semi-autonomous Danish territory.

Donald Trump is threatening new tariffs on eight European countries, including the UK and several EU members, jeopardizing trade deals made last summer. This move has stalled EU ratification of the EU-US trade agreement, as major European Parliament blocs oppose approval given Trump's actions and reported interest in acquiring Greenland. The threatened tariffs target countries individually, despite the EU handling trade deals centrally. Both the EU and UK are currently negotiating to reduce existing US tariffs, particularly on steel. Observers suggest Trump's actions aim to divide Europe and suppress opposition to his Greenland ambitions. The EU is expected to hold an emergency meeting to discuss the situation.