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The Latest Breaking News from Greenland

Newsletter: Trump steps back from the precipice

Also in today's newsletter: EU enlargement chief Marta Kos speaks about plans for post-war Ukraine's economic recovery, and why the implementation of the EU-Mercosur trade deal risks being kicked down the road.

Euronews

Trump Defends Inviting Putin to Proposed ‘Board of Peace’ Amid Greenland Concerns

Former US President Donald Trump has defended his decision to invite Russian President Vladimir Putin to join his newly proposed “Board of Peace,” despite earlier raising concerns that Russia could seek to take control of Greenland.

Whats Hot

Trump reverses course on Greenland, drops tariff threat, citing 'deal'

US President Donald Trump says he has reached a framework agreement over Greenland and has backed down from threats to impose tariffs on European allies as leverage to seize the Danish territory, a dispute that has shaken the NATO alliance.

Radio France Internationale

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Europe must heed Mark Carney – and embrace a painful emancipation from the US

Trump’s tariff retreat should lull nobody into dropping their guard. The EU must join forces with Canada, Japan and other like-minded countries, says Paul Taylor of the European Policy Centre

The Guardian - UK

Asian shares rise, tracking Wall Street gains as Trump backs down on Greenland

Asian shares have mostly advanced, following Wall Street's lead, after U.S. President Donald Trump backed down on imposing tariffs on eight European countries over Greenland

The Independent UK

Trump declaration of Greenland framework deal met with scepticism amid tariff relief

Nato chief Mark Rutte says there is ‘a lot of work to be done’, as some Danish MPs voice concern at Greenland apparently being sidelined in US president’s talks

The Guardian - AU

Trump news at a glance: at Davos, president rambles, backs down and touts ‘future deal’ on Greenland

Trump told Davos attendees the US won’t use military force to take Greenland but demanded ‘immediate negotiations’ – key US politics stories from Wednesday 21 January at a glance

The Guardian - US

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Trump sows ‘chaotic cruelty’ while Canadian PM Carney reminds the world it doesn’t have to play along

In what has become a familiar, exhausting cycle, the rest of the world is left with the futile task of trying to dredge meaning from the wreckage left behind by US President Donald Trump.

The Conversation

Rate hike fears cap gains after Aussie stocks surge

Simmering geopolitical tensions have handed the bourse its first positive session of the week, but a surprise employment spike has reignited rate hike fears.

AAP

Al Gore says Trump ‘taking a wrecking ball’ to NATO as he did to the East Wing is ‘literally insane’

The former vice president, who served under Bill Clinton from 1993 to 2001, said that the president’s Davos speech was a ‘classic Trump performance’

The Independent UK

Keir Starmer to meet Danish PM after Donald Trump calls off Greenland tariff war

The US president on Wednesday evening said he and Nato chief Mark Rutte had ‘formed the framework of a future deal’ for security in the Arctic region.

Evening Standard

Typhoon jets to receive ‘cutting-edge’ radar upgrade amid Russian threat

News comes amidst increasing pressure on Nato and Trump’s threat to acquire Greenland

The Independent UK

Greenland proposal Trump endorsed respects Denmark's sovereignty: sources

Trump said the U.S. needed to own Greenland. Under this deal, it wouldn't.

Axios

Karoline Leavitt claims Trump’s ‘inspirational’ Davos speech ‘got rave reviews’

Donald Trump’s press secretary, Karoline Leavitt, claimed his speech at Davos received “rave reviews.”

The Independent UK

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The Independent UK

Abandon your foolish Greenland fantasies, Mr President, and remember Ukraine

THE INDEPENDENT VIEW: Editorial: If the president has truly finished indulging his thoughts of invading the Danish territory, perhaps he can now concentrate on ending the real and terrible conflict he has promised to settle for so long

Barchart

Stocks Settle Sharply Higher as President Trump Claims Deal on Greenland

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +1.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.36%. March E-mini S&P futures (ESH26 ) rose +1.18%, and March E-mini Nasdaq futures...

International Business Times

French President Calls For More Chinese Investment in Response to Trump Threats

French President Emmanuel Macron called for more Chinese investments in France at the Davos International Summit in Switzerland.

Kiplinger

Dow Soars 588 Points as Trump Retreats: Stock Market Today

Another up and down day ends on high notes for investors, traders, speculators and Greenland.

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Evening Standard

Ireland welcomes withdrawal of Greenland tariff threat

Donald Trump had threatened a 10% tariff on eight European allies, although not Ireland.

The Guardian - US

Trump walks back Greenland tariffs threat, citing vague ‘deal’ over territory

US president claims ‘framework’ of agreement in the works after ‘very productive’ meeting with Nato secretary general

Barchart

Dollar Rallies as President Trump Backs Off Tariff Threats on Europe

The dollar index (DXY00 ) on Wednesday rose by +0.18%. The dollar recovered from early losses on Wednesday and moved higher after President Trump said that he would refrain from imposing tariffs on goods from European nations that oppose his effort to take possession of Greenland, citing a "framework of...

The Guardian - AU

Morning Mail: Coalition on the brink over hate speech laws; Trump claims ‘framework’ of Greenland deal formed; gen Xers the new baby boomers

Nationals quit Coalition frontbench en masse

Axios

Trump backs off Greenland tariff threat based on new "solution"

Trump claimed he'd reached "the framework of a future deal" with NATO's secretary-general.

Fortune

Trump’s TACO ‘solution’ to Greenland crisis: Backing off his 10% tariff threats against Western Europe

Trump has repeatedly said that anything less than controlling all of Greenland is “unacceptable.”

International Business Times

NATO Chief Mark Rutte Defends Trump at Davos As Member Nations Push Back Against Greenland Plans

Former Dutch Prime Minister and current NATO Secretary General Mark Rutte continues to praise U.S. President Donald Trump, despite how leaders of numerous NATO nations are reacting to his continued push to acquire Greenland.

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