Zelenskiy Scolds Europe, NATO on Trump's Greenland Deal, More
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News when you want it with Bloomberg News Now. I'm Amy Morris. Ukrainian President Vladimir Zelensky tore into Europe for its apparent lack of willingness to stop Vladimir Putin as his country suffers from lack of water, heating and power under Russian bombs four years into the war.
We should not degrade ourselves to secondary roles, not when we have a chance to be a great power together. We should not accept that Europe is just a salad of small and middle powers, seasoned with enemies of Europe. When united, we are truly united. invincible.
Addressing the World Economic Forum in Davos, Zelensky accused European allies of lacking the will to act as a real global power when U.S. attention shifts elsewhere. The deal between President Trump and NATO Secretary General Mark Rutte paves the way for NATO to beef up security in the Arctic region and fend off any threat from Russia or China. Secretary General Rutte
We discussed how can we protect Greenland, how can we protect the wider Arctic region. And again, I think President Trump was the one who reinvigorated NATO at the summit in The Hague, was the famous 5%.
NATO Secretary General Mark Rutte speaking with Bloomberg at the World Economic Forum in Davos, Switzerland. The issue of sovereignty was not on the table with Denmark's prime minister emphasizing that ceding territory to the U.S. is non-negotiable. President Trump says his framework of a future deal on Greenland gives the U.S. everything it wants. Commerce Secretary Howard Lutton.
The framework is a national security-based framework. That's what the United States cares about. We care about our national security. And we care about the shipping lanes. So let's talk about the national security and shipping lanes. And let's see if we can't figure out a framework to do that together.
Howard Lutnick spoke with Bloomberg surveillance from the World Economic Forum at Davos. President Trump's pivot on Greenland has left many European allies questioning whether the U.S. can be trusted. Energy Secretary Chris Wright says there's no need to worry.
I think the rhetoric or the speculation was so over the top. It's going to be the end of NATO. The U.S. military is going to invade Greenland. These were never on the table.
Secretary Wright says he'll be in Venezuela in the next few weeks, and he says the U.S. will not provide security guarantees to those oil majors.
I'll go down to meet with government officials and look at the existing oil facilities down there. We will definitely see a number of American oil and gas companies going down as well and investigating opportunities on the ground.
What criticism did Zelensky make towards Europe regarding the war in Ukraine?
Wright spoke to Bloomberg surveillance at the World Economic Forum. Argentinian President Javier Millay defended his country's economic ties with China. He says he doesn't have much choice.
And the way we see it, China is a great trading partner. It means a lot of opportunities for us to expand markets. So that is not any source of conflict.
And they sat down with Bloomberg editor-in-chief John Micklethwaite on the sidelines of the World Economic Forum's meeting in Davos. The cooling of geopolitical tensions and a rally in the world's largest chipmakers helped fuel gains in stocks.
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