Zelenskiy Lays into Europe, Trump's NATO Deal on Greenland, More
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News when you want it with Bloomberg News Now. I'm Nathan Hager. Ukrainian President Volodymyr Zelensky is laying into Europe in a last-minute trip to the World Economic Forum at Davos.
If Europe is not seen as a global force, if its actions don't scare bad actors, then Europe will always be reacting.
Why did Zelensky criticize Europe at Davos and what did he demand?
catching up with new dangers and attacks.
President Zelensky addressed the gathering of global elites after meeting with President Trump on efforts to end the war against Russia. Bloomberg's Anne-Marie Hordern is in Davos.
We haven't heard him this fired up when it comes to Europe in a while. He really took aim basically calling the Europeans feckless. Europe loves to discuss the future but avoids taking action today. And what he's saying is, how I ended my speech last year at Davos, I'm ending it once again here.
What did Zelensky say about Europe’s global role and security?
So he sort of was putting the onus on Brussels. I need your help. You should be doing more.
Bloomberg's Anne-Marie Horton reporting from Davos. These new tensions come after President Trump dialed back tariff threats for countries that oppose his push for Greenland. President Trump says he's reached a framework for a future deal on the island. We discussed it with Commerce Secretary Howard Lutton.
The framework is a national security-based framework, that that's what the United States cares about. We care about our national security and we care about the shipping lanes.
Commerce Secretary Howard Lutnick spoke to Bloomberg's surveillance at Davos. A European official tells Bloomberg the deal involves U.S. missiles on the island and expanded NATO presence and mining rights designed to keep China out. NATO Secretary General Mark Rutte tells Bloomberg Greenland's sovereignty did not come up in his discussions with President Trump. Today, the World Economic Forum's been hearing from a frequent Davos critic, Elon Musk, and he's made some news when it comes to Tesla.
By the end of next year, I think we'll be selling humanoid robots to the public.
Elon Musk says Optimus robots are already doing simple factory tasks. He says they could be doing more complex work by the end of this year. Tesla shares are higher by more than 1.5%. The Financial Times is reporting one of Elon Musk's other companies, SpaceX, has lined up four banks to lead an initial public offering. The report says they include Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. Last month, SpaceX held an insider share sale that put its value at about $800 billion. President Trump used the World Economic Forum to officially kick off his Board of Peace initiative. He held a signing ceremony with nearly two dozen leaders and promised they'll do great things.
We're going to be very successful in Gaza. It's going to be a great thing to watch. And we can do other things. We can do numerous other things. Once this board is completely formed, we can do pretty much whatever we want to do.
President Trump was joined by founding members Javier Millay of Argentina, Viktor Orban of Hungary, and other populist leaders. On Capitol Hill, former special counsel Jack Smith is giving his first public testimony over his investigations into President Trump.
Rather than accept his defeat in the 2020 election, President Trump engaged in in a criminal scheme to overturn the results and prevent the lawful transfer of power.
Former special counsel Jack Smith's appearing before the House Judiciary Committee. Republicans on the panel accuse him of playing politics with his probes into the 2020 election and classified documents at Mar-a-Lago. This weekend promises to pack a wallop of snow and bitter cold in D.C. and about half the country. Bloomberg meteorologist Rob Carolyn is tracking a major winter storm.
There are going to be some areas that definitely see above a foot of snow. They're going to be just north of the track. It looks like those areas are probably going to be around the Washington, D.C. area. They could see up to a foot of snow. We may also see a foot of snow around the Baltimore area, Trenton, New Jersey.
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