"U.S. President Donald Trump, with his lust for Greenland and hectoring of Europe, thinks the world is at his mercy,and thatthe U.S. is invincible. He's right on the first point. But he discovered this week that he's wrong about the second one. In Davos at the World Economic Forum, Trump climbed down on his Greenland threats after his actions caused chaos in the markets."
"Admittedly, trying to make sense of anything involving Trump can be a tall order. His speech at Davos was alarming less for its content, but for its lack thereof: the fact that he rambled incoherently for an hour is being taken by many observers as a President whose faculties may be declining. This seems to be becoming an American stock-in-trade."
Events at Davos and the Greenland episode exposed a changing global order marked by geopolitical competition and market turbulence. U.S. actions over Greenland triggered market chaos and forced a retreat from aggressive demands. The U.S. displayed overreach in assuming invincibility while Europe and other actors reacted to assert their interests. Public performance and rhetoric raised questions about U.S. leadership and stability. Simultaneously, energy and resource dynamics remain central, with Alberta planning direct bitumen sales, potential U.S. claims over Greenland bases and minerals, Chinese EV makers eyeing Canada, and concerns about copper pricing in Zambia.
Read at The Globe and Mail
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