A study by the Kiel Institute for the World Economy shows that 96% of the tariff burden from Trump's tariffs falls on American buyers. This leads to higher product prices for consumers.
Polish Prime Minister Donald Tusk stated that the country's entry into international structures requires the government's consent and ratification by the Sejm. This applies to the invitation of the Polish president to Donald Trump's "Peace Council."
Donald Trump has invited a number of countries to his "Peace Council for Gaza" to implement a 20-point plan. The signing ceremony is scheduled for this Thursday in Davos.
In Nigeria, armed bandits kidnapped 172 worshippers from two churches in Kaduna State. 163 people remain in captivity, nine managed to escape.
Syrian government forces strengthened their control over the northern and eastern regions after the withdrawal of Kurdish units. This marked the biggest change in the control map since the overthrow of Bashar al-Assad's regime in 2024.
EU leaders will hold an emergency summit in Brussels on Greenland, starting at 8:00 PM Kyiv time. This follows Trump's statement about the US's desire to control Greenland for security reasons.
The media also quoted the Danish Foreign Minister, who stated that Donald Trump "will never be able to achieve" his goals through pressure.
Three influential US Catholic archbishops condemned the country's foreign policy. They stated that the moral role of the state in confronting global evil is questionable, and the use of military force should be a last resort.
French President Emmanuel Macron declined Donald Trump's invitation to the "Peace Council. " The reasons were differences in diplomatic vision and a $1 billion contribution.
Hungary stated that the future of Greenland is a bilateral issue, not an EU matter. Hungarian Foreign Minister Péter Szijjártó refused to support a joint EU statement against Donald Trump.
Danish Defense Minister Troels Lund Poulsen announced discussions on the possibility of deploying a NATO mission in Greenland and the Arctic. This followed a meeting with NATO chief Mark Rutte and Greenlandic Foreign Minister Vivian Motzfeldt.
The IMF has raised its global growth forecast for 2026 due to AI investments and easing US customs policy. The global economy is successfully adapting to challenges, demonstrating productivity growth.
US Senator Lindsey Graham stated that the sanctions bill against Russia will no longer be delayed, as it has been supported by President Trump. However, it has not yet been brought before the upper chamber.
Donald Trump criticized European leaders for resisting his plans to acquire Greenland. He emphasized that Europe should focus on Russia's war with Ukraine.
Donald Trump allegedly approached Alexander Lukashenka with a proposal for Belarus to become one of the founders of the Peace Council. Lukashenka's office has already stated that Belarus is ready to participate in the activities of this organization.
In early 2026, Donald Trump once again raised the issue of acquiring Greenland, leading to an escalation of relations with the US and European allies. Greenland's and Denmark's refusal led to the introduction of trade tariffs against European countries.
A Greenlandic tourism company has withdrawn an invitation to Louisiana Governor Jeff Landry after objections from a dog sled racing association. The association considers external political pressure and the participation of foreign politicians in traditional races unacceptable.
France plans to convene a meeting of G7 finance ministers on Wednesday to discuss US threats to impose tariffs over Greenland. This is in response to Trump's statements about imposing tariffs if EU countries oppose his intentions to annex Greenland.
Danish officials will not attend the World Economic Forum in Davos amid an escalating dispute over Greenland. US President Donald Trump is threatening to impose tariffs over the island's situation.
EU leaders, who were preparing to discuss security guarantees for Ukraine, are now focused on the situation with Greenland. Trump is threatening new tariffs on EU countries for opposing his desire to acquire Greenland.
China's GDP grew by 5% in 2025, despite the trade war, thanks to export growth that offset a weak domestic market. In the fourth quarter, GDP growth slowed to 4.5%.
At the World Economic Forum in Davos, Ukraine plans to sign security guarantee agreements with the United States and an $800 billion economic recovery deal. President Zelenskyy expects the documents to be approved, despite Donald Trump's ambiguous position.
Special envoy of the Russian dictator Kirill Dmitriev will meet in Davos with US President's envoys Steve Witkoff and Jared Kushner. The meeting will concern the US peace plan, as reported by Axios journalist Barak Ravid.
Putin's spokesman Dmitry Peskov stated that the Kremlin leader Vladimir Putin received an invitation to join Donald Trump's 'Peace Council' on Gaza. The Russian authorities are studying this proposal.
Donald Trump stated that Denmark had ignored NATO's warnings about security risks in Greenland for 20 years. Now, the US must resolve this issue on its own.
Spanish Prime Minister Pedro Sánchez stated that a US invasion of Greenland would make Putin the happiest man, legitimizing his invasion of Ukraine. Such a move would be a death sentence for NATO, Sánchez emphasized.
Donald Trump's threats regarding Greenland have caused outrage in Europe, which could lead to a "divorce" from America. European officials are considering creating a new alliance without the US, using a "coalition of the willing" to support Ukraine as a basis.
Oil prices rose after Iran suppressed protests, which reduced the likelihood of US intervention. Brent rose by 0.09%, WTI by 0.15%.
Hungary has received an invitation from Donald Trump to join the US-created Peace Council. Prime Minister Viktor Orbán confirmed the acceptance of this invitation.
US Treasury Secretary Scott Bessent stated that Europeans would understand the benefits of the United States annexing Greenland. He emphasized that this would be the best solution for Greenland, Europe, and the US.
