UNITED KINGDOM

Rolling coverage of the World Economic Forum in Davos, where the US president delivered a speech to world leadersTrump steps up demand to annex Greenland but rules out using forceQ: Is the US worried that institutional investors in Europe might pull out of the US Treasury market, such as pension funds in Denmark?Bessent brushes this aside, sayingThe size of Denmark’s investment in US Treasury bonds, like Denmark itself, is irrelevant.It is less than $100 million.They’ve been selling Treasuries for years. I’m not concerned at all. Continue reading... Source link : https://www.theguardian.com/business/live/2026/jan/21/davos-trump-speech-wef-greenland-bessent-trade-milei-globalisation-business-live-updates Author : Graeme Wearden in Davos Publish date :

Trump tried to fire Cook in August but a federal court blocked her removal and she remains on the Fed’s rate-setting boardHouse Republicans are starting a push on Wednesday to hold former president Bill Clinton and former secretary of state Hillary Clinton in contempt of Congress over the Jeffrey Epstein investigation, opening the prospect of the House using one of its most powerful punishments against a former president for the first time.The contempt proceedings are an initial step toward a criminal prosecution by the Department of Justice that, if successful, could send the Clintons to prison.They’re not above the law.

Scott Bessent replied to a question on Danish investments by saying that ‘Denmark’s investment in US treasury bonds, like Denmark itself, is irrelevant’Former Nato secretary general and former Danish prime minister Anders Fogh Rasmussen warned that the “time of flattery has ended” as Europe needs to step up its response to Trump’s threats over Greenland – but still look for off-ramps to avoid escalation whereever possible.Speaking to BBC News this morning, he warned that a US attack on Greenland “would be the end of Nato,” and push Europeans to urgently step up its defence in its own right, regardless of