Trump Set to Address Davos Amid Growing Angst Over Greenland
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Here is your Morning Brief for Wednesday, January 21st. I'm Luke Vargas for The Wall Street Journal.
How will President Trump’s Davos speech address his Greenland acquisition push?
President Trump is set to take center stage today in Davos, Switzerland, with his quest to acquire Greenland dominating the conversation. Canadian Prime Minister Mark Carney delivered a speech yesterday where he called for global leaders to act together and cooperate in the face of President Trump's aggression. Trump's remarks will be closely watched by European leaders trying to assess how far he'll go in pushing to acquire Greenland, or if he'd truly test the limits of NATO. Meanwhile, Russia is monitoring the situation, with a Kremlin spokesman saying that Trump's Greenland plans would, quote, go down in the history books. Trump is set to speak at 8.30 a.m. Eastern. more American firepower is headed to the Middle East.
The U.S. is sending a carrier, jets, and air defense systems to the region, giving President Trump more options for a strike on Iran. Last week, Trump pulled back from ordering an attack on Iran, but he's continued to press for what he terms decisive military options as the regime in Tehran tightens its control of the country. And the Supreme Court will hear oral arguments today in a case deciding whether President Trump can fire Federal Reserve Governor Lisa Cook. Fed Chair Jerome Powell and the Fed have been named by Cook as defendants in her initial lawsuit, contesting the president's attempt to remove her over disputed mortgage fraud allegations. Asian stocks have end-of-the-day mixed, European stocks are down in midday trading, and U.S.
stock futures are inching higher as investors await President Trump's speech in Davos.
What reactions are European and Russian leaders having to Trump’s Greenland plan?
And we've got a lot more coverage of the day's news on the WSJ's What's News podcast. You can add it to your playlist on your smart speaker or listen and subscribe wherever you get your podcasts.
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