Trump Pushes to Acquire Greenland During Davos Visit

Trump pushes for Greenland in Davos despite European opposition

U.S. President Donald Trump is in Davos, Switzerland, pushing hard to acquire Greenland, despite strong opposition from European leaders. Trump argues he needs Greenland to ensure national security against Russia and China. According to the Reuters article, the push reflects Trump’s ambition to expand U.S. territory in a major way, the biggest since Alaska and Hawaii became states in 1959. Trump also plans a keynote speech on U.S. economic success and a housing plan that would let Americans use 401(k) retirement savings for home down payments. He will also preside over a ceremony for the Board of Peace, focused on rebuilding Gaza. 

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Further reading: Determined to grab Greenland, Trump faces tough reception in Davos

32 fossil fuel firms produce half of global CO₂ emissions

32 fossil fuel firms were responsible for half of all carbon dioxide emissions in 2024, compared with 36 in 2023. Saudi Aramco was the largest state-owned polluter, responsible for about 1.7 billion tonnes of CO₂ in 2024; ExxonMobil was the biggest investor-owned polluter, with around 610 million tonnes. According to the Carbon Majors report, 17 of the top 20 companies are state-owned, largely from countries like Saudi Arabia, Russia, China, Iran, the UAE, and India, all of which opposed fossil fuel phaseout plans at the COP30 climate summit. Scientists say global CO₂ would need to drop by about 45% by 2030 to meet the Paris Agreement’s 1.5 °C target, which seems unlikely now.

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Further reading: Half of world’s CO2 emissions come from just 32 fossil fuel firms, study shows

Europe’s growing dependence on the U.S. LNG raises geopolitical concerns

A new study finds that after Russia’s invasion of Ukraine and cuts to Russian pipeline gas, the EU and the UK now rely much more on U.S. liquefied natural gas (LNG) for their energy supply. By the end of 2025, about 59% of the EU’s LNG imports and 68% of the UK’s LNG imports came from the U.S. Before the war, Russian pipeline gas made up around 60% of European gas imports in 2019, but that fell to about 8% in 2025. Researchers warn that reliance on U.S. energy gives the U.S. geopolitical leverage, especially under Donald Trump, who is following a more interest-driven energy policy and has threatened tariffs on European allies.

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Further reading: Trump has growing stranglehold over EU and UK energy supply, study shows

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Netflix beats Q4 estimates amid $82.7B Warner Bros. Bid

Netflix reported $12.1 billion in revenue for October-December, slightly above what analysts expected, and earnings of $0.56 per share. The company now has about 325 million paid subscribers worldwide, up from around 300 million in late 2024. However, Netflix shares fell more than 4% in after-hours trading. The company is intensifying its bid for Warner Bros. Discovery, offering an all-cash proposal worth $82.7 billion to acquire its studios and content library. Netflix has made the proposal with the purpose of fending off a rival bid. Netflix forecast 2026 revenue of $50.7 billion to $51.7 billion, with advertising revenue expected to roughly double to about $3 billion.

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Further reading: Netflix slightly beats revenue estimates, shares slide amid bidding war for Warner Bros

Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: White House/Molly Riley