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Wall Street breathed a collective sigh of relief on Wednesday after President Trump pivoted sharply on his Greenland ambitions, scrapping threatened tariffs against Europe in a move that sent stock indices soaring. The sudden reversal—announced via Truth Social late in the afternoon trading session—erased most of Tuesday’s brutal losses and provided investors with the reassurance

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NUUK, Greenland — President Trump retreated Wednesday from his most serious threats toward Denmark, easing transatlantic tensions and lifting Wall Street after rejecting the prospect he would use military force to annex Greenland, a Danish territory and the world’s largest island. Instead, the United States struck a “framework” agreement in talks with the North Atlantic Treaty Organization’s

WASHINGTON — President Trump delivered a sharp critique of U.S. allies and rivals alike during a speech at the World Economic Forum in Switzerland on Wednesday, questioning Europe’s political direction, casting doubt on NATO’s reliability and reiterating his intent to push to acquire Greenland. Speaking before an audience of global political and business leaders, Trump said European

The US Dollar (USD) has regained some ground against major currencies after President Trump dropped his threats of tariffs and military action against NATO allies, reducing immediate downside risk, MUFG’s FX analyst Lee Hardman reports. Dollar stabilizes as sharp sell-off risk diminishes”The US dollar has rebounded modestly against other major currencies after President Trump dropped

January 21, 2026 America has become the threat its own allies need protection from. The Greenlandic flag flies on January 20, 2026, in Nuuk, Greenland.(Sean Gallup / Getty Images) The Arctic, once a region defined by multilateral cooperation and scientific collaboration, is rapidly becoming a dangerous flashpoint. President Trump’s escalating threats to seize Greenland by

Speaking at the World Economic Forum in Davos, Donald Trump said the United States is seeking to acquire Greenland, calling the Arctic territory a vital national security asset, before launching into a sweeping critique of mass migration, European governance, and what he described as America’s rapid economic and political turnaround under his leadership. Trump said

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Bitcoin (BTC-USD) traded higher on Thursday as global risk sentiment improved after US President Donald Trump walked back his plan to impose new tariffs on European allies amid his push to acquire Greenland. The largest cryptocurrency by market capitalisation (BTC-USD) rose about 1% over the past 24 hours to hover near $90,000 (£66,902), moving in

“Considering your Country decided not to give me the Nobel Peace Prize for having stopped 8 Wars PLUS, I no longer feel an obligation to think purely of Peace, although it will always be predominant, but can now think about what is good and proper for the United States of America.” This was the text