Carney's Davos speech, Hootsuite's ICE contract and Chinese EV giant Chery eyes Canadian expansion: Must-read business and investing stories
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Carney's Davos speech, Hootsuite's ICE contract and Chinese EV giant Chery eyes Canadian expansion: Must-read business and investing stories
"As leaders from government, business and academia gathered in Davos, Switzerland, for the World Economic Forum's annual meeting, U.S. President Donald Trump's desire to take over Greenland set off global alarms on the sidelines. The. U.S. President escalated measures this week, threatening to impose tariffs on Europe unless Washington was allowed to acquire Greenland for strategic purposes. At his Davos speech, Mr. Trump ruled out taking Greenland by force but said he wanted to immediately start negotiations to purchase Denmark's semi-autonomous territory."
"Mr. Trump walked back his threat on Wednesday after reaching "the framework of a future deal" on Greenland with NATO Secretary-General Mark Rutte. As Paul Waldie reports, the proposed deal could include U.S. sovereignty over military bases in Greenland, access to minerals located on the sites and collaboration on his Golden Dome defence system. Greenland's Prime Minister Jens-Frederik Nielsen said Thursday that he was waiting to see details of the proposed framework, but nothing could be decided without the backing of Greenland and Denmark."
U.S. President Donald Trump pursued negotiations to acquire Greenland, warning of tariffs on Europe unless Washington could secure the territory for strategic purposes. He denied any intention to use force but sought immediate talks to purchase Denmark's semi-autonomous territory. He later walked back the threat after reaching "the framework of a future deal" with NATO Secretary-General Mark Rutte, a proposal that could grant U.S. sovereignty over military bases, access to minerals and collaboration on a Golden Dome defence system. Greenland's prime minister said decisions require Greenland and Denmark backing. Chinese automaker Chery is contacting Canadian industry professionals to explore entering the electric passenger-car market in Canada.
Read at The Globe and Mail
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